Mayfair Gardens Price
- Updated 10 November, 2020
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Mayfair Gardens is the lowest entry priced and lowest PSF new launch condo among the prestigious Bukit Timah stretch of private residential estate.
With price discounts still being offered by the developer, is there still a good price advantage over it’s surrounding new launch condominiums that are selling at much higher prices? What is Mayfair Gardens price at the moment?
Mayfair Gardens price starts from $979k for a 1 bedroom unit at 506sqft and it’s 2 bedroom units are priced from $1.479m onwards. The average PSF ranges around $1900psf to about $2000psf for most of it’s remaining available units.
Updated Mayfair Gardens Price List
Unit Type | Price Fr | SQFT | PSF |
|---|---|---|---|
1 Bedroom | $999k | 506 | $1974 |
1 + Study | $1.107m | 570 | $1942 |
2 Bedroom | $1.499m | 753 | $1990 |
2 + Study | $1.687m | 829 | $2034 |
3 Bedroom | $2.149m | 1109 | $1938 |
4 Bed Penthouse | $3.387m | 1733 | $1954 |
- Prices updated on 10 November, 2020
Mayfair Gardens Promotions and Discounts
- Previous Promotion is Over. Do check back regularly for New Discounts!
- 5% Developer Discount Still Available!
- Up to $50k Discounts from Developer!
* Prices and Discounts indicated here are subject to developer changes. Please check with us to be sure.
Balance Units and Development Announcements
- Final Unit of 3 Bedroom left!
- Final 7 Units of 1 Bedroom left!
- Final 10 Units of 1 + Study left!
- Final 3 Units of 2 + Study left!
- Final 2 Penthouse Units left!
Mayfair Gardens Project Details
Mayfair is an upscale district of Georgian townhouses in the west of London.
Now in Singapore, Mayfair Gardens draws inspiration from the fenestration and proportion of a Georgian facade but dresses it up with clean lines and simple forms to bring about a Mayfair air with a modern touch.
Carefully planned to bring out another vintage luxury development to the prime Bukit Timah precinct, the developer named this development Mayfair Collection ~ with Mayfair Gardens and Mayfair Modern within.
Project Info and Fact Sheet
Project Name | Mayfair Gardens |
|---|---|
Address: | 8 – 14 Rifle Range Road |
Developer: | Oxley Holdings |
Tenure: | 99 Years Leasehold |
Est. TOP: | 2024 (Q4) |
No. of Units: | 215 Residential |
Unit Types: | 1 to 4 Bedroom Apartments |
Building Type: | 4 Blocks of 5 Storey Apartments |
Carpark Lots: | 177 Lots |
Site Area: | 116,087sqft |
Plot Ratio: | 1.4 |
District No.: | 21 |
Unit Types and Sizes
Unit Type | Size (sqft) | Total Units |
|---|---|---|
1 Bedroom | 495 – 646 | 25 |
1 + Study | 549 – 753 | 64 |
2 Bedroom | 710 – 904 | 72 |
2 + Study | 797 – 1023 | 14 |
3 Bedroom | 1012 – 1216 | 26 |
4 Bedroom | 1216 – 1249 | 8 |
Penthouse | 1539 – 1733 | 6 |
Monthly Maintenance Fees (Estimated)
With exquisite and luxury facilities available within for residents to enjoy from, will the monthly maintenance fee be high? What is the indicative monthly maintenance fee at Mayfair Gardens?
Monthly maintenance fees at Mayfair Gardens starts from $350 for a 1 bedroom unit to $490 for a 4 bedroom penthouse unit, with share values of units here ranging from 5 to 7 share value respectively.
Unit Type | Share Value | Monthly Fee |
|---|---|---|
1 Bedroom | 5 | $350 |
1 + Study | 6 | $420 |
2 Bedroom | 6 | $420 |
2 + Study | 6 | $420 |
3 Bedroom | 6 / 7 | $420 / $490 |
4 Bedroom | 7 | $490 |
Penthouse | 7 | $490 |
* The estimated monthly maintenance fees are currently indicative, and may be subjected to changes.
Bonus – Pricing Info Analysis for Investors:
Mayfair Gardens Land Price - Former Mayfair Gardens En-Bloc
Land Price – $1244psf ppr
Oxley Holdings snapped up Mayfair Gardens under a collective sale in November 2017. The deal was sealed at a very positive price which was significantly above the collective sale reserve price set at $265 million.
Consisting 6 blocks of 124 walk up apartment units, owners of the former Mayfair Gardens each pocketed around $1.7m to $2.89m as a result of the en-bloc.
So, what exactly was the land price paid by Oxley Holdings to secure this premium site?
Oxley Holdings finalized the collective sale with a $311 million deal for this 99 years leasehold site. Adding to the total cost, Oxley also paid an estimated $52 million to top up the lease back to 99 years for the re development. This means the land rate paid by the developer for this Freehold site will work out to be around $1244psf ppr (per plot ratio).
Mayfair Gardens Land Cost Vs Other Developments
Here’s the land cost comparison of Mayfair Gardens against its other nearby competitor developments:
Project | Land Price (psf ppr) | Location |
|---|---|---|
Royalgreen | $1960 | Sixth Ave |
One Holland Village | $1888 | Holland Village |
Leedon Green | $1790 | Leedon Heights |
Fourth Avenue Residences | $1540 | Sixth Ave |
Wilshire Residences | $1536 | Farrer Rd |
Linq at Beauty World | $1460 | Beauty World |
Mayfair Gardens | $1244 | Rifle Range Rd |
Mayfair Modern | $1244 | Rifle Range Rd |
Forett at Bukit Timah | $1100 | Toh Tuck Rd |
Verdale | $1002 | Jln Jurong Kechil |
Daintree Residence | $939 | Toh Tuck Rd |
Ki Residences | $932 | Sunset Way |
Facilities and Homes
Live the London lifestyle and entertain within your home premise at the elegant Clubhouse and exciting facilities, all set to maximize your indulgence.
A full suite of spa streams await to rejuvenate your total wellness, along with a broadwalk of English Tea Pavillion for you to refresh while catching up with friends.
Here’s how your lifestyle would be in Mayfair Gardens with these fascinating facilities:
Mayfair Gardens Facilities
- Luxurious Pool
- Spa Facilities
- Lush Landscaping & Gardens
- Gym & Fitness Facilities
- Broadwalk – Jogging Trail
- Gourmet / Alfresco Pavilions
- Club Houses & Function Rooms
- Kids Pool & Playground
Luxurious Homes
Designed to bring a little of modern London style to your own home, the interior of Mayfair Garden is filled with an abundance of tradition prestige and heritage.
All apartments evokes timeless, liveable, grand and comfortable senses. And while your revel in the marvels of absolute luxuriance, the ceiling is also ostentatious enough to bring you more space endowed comfort and exclusivity.
This is the perfect home you can truly look up to.
Experience Mayfair Gardens yourself by viewing the Showflat today.
Mayfair Gardens Location
Sitting in the heart of Bukit Timah, where affluent residential surrounds everywhere.
From Good Class Bungalows to landed and luxury condominiums, this is a location that everyone loves.
There’s also the privilege of being so close to nature, with Bukit Timah Nature Reserve and Bukit Timah Hill at the backyard, creating so much open air and lavish space, to breathe, think and live freely.
So, where exactly is Mayfair Gardens located?
Mayfair Gardens is located on 8 – 14 Rifle Range Road, where the former Mayfair Gardens once stood. Blessed with a location that is a mere 5 minutes stroll to King Albert Park MRT Station, connectivity here is class leading.
And with the upcoming integrated transport hub being in the pipeline, this location will transform to be even better!
Location Map
Nearby MRT Station/s and Lines
Mayfair Gardens is located so close to King Albert Park MRT that a leisurely 5 minutes stroll will get you there.
And at such a strategic location, connectivity is so excellent with so many MRT lines being within a few stops away from King Albert Park MRT:
- Circle Line – 3 stops away
- Thomson-East Coast Line – 4 stops away
- Downtown Line – 5 stops away
- East-West Line – 7 stops away
King Albert Park
5 mins
(300m)
Beauty World
10 mins
(750m)
Nearby Malls and Amenities
At this highly desirable neighbourhood, you’ll will be spoilt by a wide choice of F&B outlets and other recreational lifestyle.
Enjoy the convenience from the various nearby chic eateries and shopping malls to fulfill your retail needs.
- Bukit Timah Plaza
- Cheong Chin Nam Road Eateries
- The Grandstand
- Holland Village
- Orchard Shopping Belt
Nearby Popular Schools
This is one of the top reasons people are looking to live in Bukit Timah.
Here are the top leading schools and institutions which are the magnets that makes this location the best it has to offer:
- Pei Hwa Presbyterian Primary School (within 1km)
- Methodist Girls School (within 1km)
- Raffles Girls Primary School
- Singapore Chinese Girls Primary School
- Anglo Chinese School (Junior)
- Nanyang Primary School
- Nanyang Girls High School
- Singapore Chinese Girls Secondary School
- Hwa Chong Institution
- Ngee Ann Polytechnic
Leisure and Recreation
- Bukit Timah Nature Reserve
- Rail Corridor
- Holland Village
- The Grandstand
Location Potential
Upcoming Integrated Transport Hub at Beauty World MRT
Beauty World is set for a major rejuvenation as drafted out in the 2019 URA Master Plan.
Unveiled in March 2019, plans to develop a Integrated Transport Hub with adjoining commercial shopping malls and a fully air-conditioned bus interchange has been set at the next door Beauty World.
With Mayfair Gardens being just one MRT stop away, this could be exciting potential for owners at Mayfair Gardens.
Mayfair Gardens Showflat Location
The showflat of this development is located rather near to it’s actual site.
So where is Mayfair Gardens showflat located at?
Mayfair Collection (Mayfair Gardens and Modern) showflat is located along Blackmore Drive. It is just a 1 minute walk from King Albert Park MRT. Drivers can access the showflat carpark via Blackmore Drive, which can be entered from Bukit Timah Road (towards Beauty World direction).
Here’s the map of the showflat location:
Mayfair Gardens Developer
Mayfair Gardens is developed by local developer Oxley Holdings.
Oxley Holdings is a veteran in the property developing market, both locally and internationally.
Their international market consists of countries namely: United Kingdom, China, Australia, Malaysia, Indonesia and Vietnam, just to name a few.
Being one of the largest homegrown developer, Oxley Holdings is listed on the SGX Mainboard and with a track record of more than 8000 completed residential units under their belt, there’s plenty of assurance that buyers will be getting quality homes.
In 2018, they held the largest land bank in Singapore. Based on the number of dwelling units, they had 4000 units! A result of their very successful en-bloc acquisition streak.
Current Ongoing Projects:
- Riverfront Residences – former Rio Casa
- Affinity at Serangoon – former Serangoon Ville
- Kent Ridge Hill Residences – former Vista Park
- Mayfair Gardens & Mayfair Modern – former Mayfair Gardens
- The Addition (Fully Sold) – former Apartment 8
- Parkwood Residences – former Toho Green
- Sixteen35 Residences
- 1953
- Sea Pavilion Residences (Fully Sold)
Some Notable Past Completed Projects:
- The Midtown & Midtown Residences
- Newest
- The Promenade @ Pelikat
- The Rise @ Oxley
- Flora Vista
- The Flow
- Devonshire Residences
- Robinson Square
- Oxley Bizhub
- T Space
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