MAYFAIR GARDEN, BRAND NEW , NEAR MRT, D10
KING ALBERT PARK MRT District 10, NEW LAUNCH
BESIDE GREENERY, RIFFLES NATURAL PARK
* Nestled in the enclave of Good Class Bungalows and greenery
* Within 1 km to Methodist Girls' School & Pei Hwa Presbyterian School
* 5 min walk to King Albert Park MRT station
* Cold storage and Fine Fairness supermarkets nearby
* King Albert MRT 3 minutes walk
* Walk to Bukit Timah food centre and wet market
* Near malls: Bt Timah Plaza/ Shopping Centre, Railmall, HillV2, Star Vista, Grand Stand (Turf City), and Holland Village
*This new project is situated on the former Mayfair Gardens en bloc site, which was purchased by Oxley in November 2017 for $311 million.
In addition to a lease top-up premium of about $52 million, this translates to a land rate of $1,244 psf per plot ratio (psf ppr).
*Home buyers there will have a first mover advantage as the land price is significantly lower than other recent residential land sales in the area.*
For instance, a 99-year leasehold site in Fourth Avenue was purchased for $1,540 psf ppr in December 2017.
Similarly, the freehold en bloc sites of Crystal Tower and City Tower were acquired for $1,840 psf ppr and $1,847 psf ppr respectively. The freehold Dunearn Garden and Royalville also changed hands for $1,914 psf ppr and $1,960 psf ppr respectively.
Not only will future residents of Mayfair Gardens enjoy scenic views of Bukit Timah Nature Reserve, the development will also be close to shopping malls and eateries.
Families with school-going children will also benefit from the project’s proximity to established schools in the area, such as Nanyang Girls’ High School, Hwa Chong International School and National Junior College.
MayFair, Daintree, Fourth Avenue, Crest, Sterling
Sixth Avenue MRT, Queens Peak Bukit Timah, Sixth Avenue, Namly, Duches,
** FOURTH AVENUE LAUNCHING SOON, MRT