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 3% 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 for most of it’s remaining available units.
1 Bedroom – $1.054m
2 Bedroom – $1.359m
2 + Study – $1.647m
3 Bedroom – $1.953m
3 Premium – $2.202m
4 Bedroom – $2.564m
Prices here will be updated regularly, and here’s where you can see live updates on Mayfair Modern Price. Full development details such as Price Promotions, Fact Sheet, Condo Location, Showflat Location and Developer Info can also be found in Condodeals.sg.
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 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 Units
Unit Types: 1 to 4 Bedroom Apartments
Building Type: 2 Blocks of 8 Storey Apartments
No. of Carpark Lots: 139 Lots
Site Area: 92,343sqft
Plot Ratio: 1.4
District No.: 21
An estimated of $74 per Share Value per month has been allocated for units here at Mayfair Modern.
Here are the respective share value and the estimated monthly maintenance fees for each unit type:
1 Bedroom – $370
2 Bedroom – $444
3 Bedroom – $444 / $518
4 Bedroom – $518
Oxley Holdings snapped up Mayfair Gardens for $311million in November 2017.
This was a very positive price to the owners, given that the reserve price for the collective sale was set at $265million.
Consisting 6 blocks of 124 walk up apartment units, owners of the former Mayfair Gardens each pocketed around $1.7m to $2.89m in the process.
Adding to the land cost, the developer also paid an estimated $52million to topup the site’s lease back to 99 years.
This means the land rate paid by the developer will work out to be around $1244psf per plot ratio (ppr).
With estimated break even price being about $1780psf, check out the entry prices and psf here, if you like to snag a great value unit in this beautiful Mayfair Collection!
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.
Merely a 5 minutes stroll to King Albert Park MRT Station (300m away), residents get the best connectivity.
It’s only 6 MRT stops to Orchard Road and 12 stops to Shenton Way!
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.
This is one of the top reasons people are looking to live in Bukit Timah.
Find out which are the top leading schools and institutions which are the magnets that makes this location the best it has to offer:
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.
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:
And if you like to explore the virtual tour of Mayfair Modern, you can find it on condodeals.sg
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).
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.
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:
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.