Mayfair Modern Price
- Updated 5 January, 2021
Mayfair Modern is one of 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 Modern price at the moment?
Mayfair Modern price starts from $1.054m for a 1 bedroom unit at 517sqft and it’s 2 bedroom units are priced from $1.359m onwards. The average PSF ranges around $2000psf to about $2100psf for most of it’s remaining available units.
Updated Mayfair Modern Price List
Unit Type | Price Fr | SQFT | PSF |
|---|---|---|---|
1 Bedroom | $1.054m | 517 | $2038 |
2 Bedroom | $1.359m | 624 | $2177 |
2 + Study | $1.647m | 807 | $2040 |
3 Bedroom | $1.953m | 958 | $2038 |
3 Premium | $2.202m | 1044 | $2109 |
4 Bedroom | $2.564m | 1292 | $1984 |
- Prices updated on 5 January, 2021
Mayfair Modern Promotions and Discounts
- Previous Promotion is Over. Do check back regularly for New Discounts!
- 2% Discount Still Available for Limited Time!
- Promo Savings up to $41,600!
- $20k Discount for All 2+Study Units in Selected Stacks!!
* Prices and Discounts indicated here are subject to developer changes. Please check with us to be sure.
Balance Units and Developer Announcements
- Final 2 Units of 3 Bedroom left!
- Final 3 Units of 3 Bed Premium left!
Mayfair Modern Project Details
Well known as an affluent precinct in London, Mayfair is a sought after address for only the well heeled.
Mayfair Modern now brings the beauty of the understated and timeless architecture within the Mayfair district in London, to our prime estate in Bukit Timah.
The modern collection of apartments here will change the landscape of your breathing space, for you to live in luxury, style and status.
Found within Mayfair Collection, Mayfair Modern and Mayfair Gardens offers vintage luxury to choose from.
Project Info and Fact Sheet
Project Name | Mayfair Modern |
|---|---|
Address: | 2 – 6 Rifle Range Road |
Developer: | Oxley Holdings |
Tenure: | 99 Years Leasehold |
Est. TOP: | 2024 (Q4) |
No. of Units: | 171 Residential |
Unit Types: | 1 to 4 Bedroom Apartments |
Building Type: | 2 Blocks of 8 Storey Apartments |
Carpark Lots: | 139 Lots |
Site Area: | 92,343sqft |
Plot Ratio: | 1.4 |
District No.: | 21 |
Unit Types and Sizes
Unit Type | Size (sqft) | Total Units |
|---|---|---|
1 Bedroom | 506 – 635 | 60 |
2 Bedroom | 624 – 850 | 34 |
2 + Study | 797 – 969 | 32 |
3 Bedroom | 958 – 1141 | 13 |
3 Premium | 1033 – 1206 | 15 |
4 Bedroom | 1281 – 1518 | 16 |
Monthly Maintenance Fees (Estimated)
With extensive luxury facilities available within for residents to enjoy from and an estimated monthly maintenance fee of $74 per share value, what is the indicative monthly maintenance fee at Mayfair Modern?
Monthly maintenance fees at Mayfair Modern starts from $370 for a 1 bedroom unit and goes as high as $518 for a 4 bedroom unit, with share values of units here ranging from 5 to 7 share value respectively.
Unit Type | Share Value | Monthly Fee |
|---|---|---|
1 Bedroom | 5 | $370 |
2 Bedroom | 6 | $444 |
3 Bedroom | 6 / 7 | $444 / $518 |
4 Bedroom | 7 | $518 |
* The estimated monthly maintenance fees are currently indicative, and may be subjected to changes.
Bonus – Pricing Info Analysis for Investors:
Mayfair Modern 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 Modern Land Cost Vs Other Developments
Here’s the land cost comparison of Mayfair Modern 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 Modern | $1244 | Rifle Range Rd |
Mayfair Gardens | $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 | Brookvale Dr |
Mayfair Modern 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 Modern located?
Mayfair Modern is located on 2 – 6 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!
Nearby MRT Station/s and Lines
MRT Station | Walk Time | Est. Distance |
|---|---|---|
King Albert Park | 5 mins | 300m |
Beauty World | 10 mins | 750m |
Mayfair Modern is located so close to King Albert Park MRT that a mere 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
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.
Facilities and Homes
At Mayfair Modern, every corner is designed to match your bespoke lifestyle.
Easily entertain your guests in the extension of your home at the function rooms and pool house pavilions, or work out your muscles at the fully equipped gym.
These are how your lifestyle would be in Mayfair Modern with these fascinating facilities:
Mayfair Modern Facilities
- Luxurious 50m Pool
- Spa Facilities
- Lush Landscaping & Gardens
- Gym & Fitness Facilities
- Broadwalk – Jogging Trail
- Gourmet / Alfresco Pavilions
- Club Houses & Function Rooms
- Kids Pool & Playground
Luxurious Homes
Immerse yourself in the exclusivity that defines Mayfair.
With the touch of traditional prestige and heritage, you’ll live tastefully relishing a new breath of London air from inside out.
Palatial designs and elevated ceilings allows owner to feel spacious and breathe freely at home.
And of course, premium fittings, applicances and smart home integration comes as a standard for every homes.
Here’s what you can expect:
- Gaggenau, Bosch and Grohe
- Marble Flooring
- Fermax Smart Home
Experience Mayfair Modern yourself by viewing the Showflat today.
* Please note that Covid-19 safe-distancing policies are still in place. Kindly register/book your visit with us prior to your visit.
Mayfair Modern Showflat Location
The showflat of this development is located rather near to it’s actual site.
So where is Mayfair Modern 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 Modern Developer
Mayfair Modern 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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