Mayfair Collection @ Rifle Range Road
Have you been keeping up with the latest news? The ongoing collective sale fever that has been raging on since 2017. It has shaken up the real estate market with many land hungry developers, snapping up ageing developments after developments due to their depleting landbanks inventory. Mayfair Collection – The former Mayfair Gardens, was one of such older estate to launch their public tender on 23 Oct 2017 for sale successfully.
While it may seem like a rare sight to have something new at Rifle Range Road area, it wasn’t that long ago since the former King Albert Park, affectionately known by many as KAP, located diagonally across the main road was sold and completed in the year of 2017. There are many irresistible reasons for you to be here as a resident rather than a visitor, find out more from what we will be covering in this article for the truly sophisticated home hunters.
News of Mayfair Collection
Before the local property market were hit with this en bloc bull-run, Mayfair Gardens was a walk-up apartment development, comprising 124 dwelling units across 6 residential blocks. It was built and completed in the mid-80s by Greenery Pte Ltd. Ever since the close of the tender on 16 Nov 2017 for the former private estate, the fate and destiny of this entire plot of land have already been sealed.
It will soon make way for a brand-new private residential development and begin a new chapter as Mayfair Collection. One that embrace the modern luxury living with very strong design aesthetics. Coming together in creating a stunning collection of lovely homes in this enviable address.
The entire boundary where it will be redeveloped is approximately 208,000 square feet in size, a low-rise land with gross plot ratio of only 1.4 where it inherited from the previous estate. It works out to a maximum allowable GFA of about 290,000 square feet, a big plot of land, minus the high population intensity with the restrictions imposed on the site.
Therefore, you will not see a wild number of units to be offered for sale in this new launch project. It was snapped up by Citrine Property, a wholly-owned subsidiary of Oxley Holdings, a public listed real estate firm for $311 million. All other charges inclusive, it works out to a land price of about $1,244 per square foot, per plot ratio based on the maximum GFA.
About Mayfair Collection
Many of you may have forgotten or even overlook this beautiful neighbourhood while you’re driving past, but some spotlight has been shone on this area in recent years, due to the close-proximity of KTM Bukit Timah Railway Station. Triggering hordes of people to the various railway stations for their last moment and it has since been decommissioned by the Singapore government.
We are conveniently located along Dunearn Road, Bukit Timah. Cleverly positioned within a prime estate area in a private neighbourhood enclave, as well as adjacent to the landed properties community just right behind us. Although we’re situated in a premium neighbourhood of Bukit Timah, Mayfair Collection will also be in close perimeter to the King Albert Park MRT Station.
With the lesser households within this new condo development where it accommodates lesser residents, overcrowding situations on the communal facilities will probably not be expected as compared to other larger projects with higher densities of residents. Such a niche and attractive condo profile will certainly appeal to home seekers of sophisticated taste, where one will truly appreciate and enjoy the finest things in life with great style.
Set on a rising slope where the plot of land is, this latest condo addition to the rifle range road will soon be the next sell-out development when it is open for sale. If you’re not aware, Oxley Holdings were also the very same developer for KAP Residences and in just 2 weeks of soft launch during then, all the residential units were snapped up by both investors and home purchasers alike.
Will Oxley look forward to reproduce the same response drawing from the previous success?
Why Mayfair Collection?
With such an excellent location off Dunearn Road, we couldn’t really say no to it and if you’re bothered by the presence of railway tracks, it is no longer in operation or causing any noise pollution to the nearby residence. Most of the tracks were already removed and converted to the current Greenway Corridor, a long and extended lush greenery walk, ushered by picturesque views along the way to different parts of the island.
With the closure of former KTM railway stations along with its glory, came the new King Albert Park MRT Station, a major transport network operating along our downtown line corridor. Running from Bukit Panjang – Sixth Avenue – Stevens – Bugis – Bayfront – Chinatown and all the way to Singapore Expo. Although it isn’t a critical factor as you probably own your vehicle, but it will definitely be a good to have rather than a must-have amenity for the residents.
Apart from having easy access to the train station and a 15 minutes’ drive to the city centre, Mayfair Collection will also be surrounded by plenty of other amenities such as neighbouring Sime Darby Centre where the Cold Storage Grocery shopping is, Bukit Timah Plaza, Bukit Timah Market and Food Centre with some of the best local delicacies, Beauty World and The Grandstand with their Giant Hypermarket and Pasarbella, a farmer’s market that houses fresh global cuisines.
If you’re a foreigner and unaware of the territory here, and having school-going children in the family, raising your child in Bukit Timah neighbourhood could be your best choice, we have the best education system and institutions for your child no matter where their current stage is, from toddler care to tertiary education, you name it, Bukit Timah has it and among the best ones out there for your kids. Ask anyone on the streets and you’ll have the same answer.
So How Do I Proceed?
Mayfair Collection will be launching in Q4 2018. If you’re interested to attend the showflat viewing once it is ready, kindly register your interest and we’ll keep you inform when the time comes. If you’re keen to explore further on the price, please indicate your preference while registering and we’ll release the official price guide to you prior to showflat opening.
Project Name: Mayfair Collection
Developer: Citrine Property (Oxley Holdings)
Development Type: Private Residential
Address: Rifle Range Road, Singapore
Site Area: 208,475 sq ft
Gross Floor Area (Max.): 291,865 sq ft
Plot Ratio: 1.4
No. of Blocks: To Be Advised
No. of units: To Be Advised
Expected T.O.P: To Be Advised