Still being constructed, Mayfair Gardens is anticipated to be finished by 2024. It’s a redevelopment of the former Mayfair Gardens, which Oxley purchased in an en bloc sale for about $311 million ($1,244 psf per plot ratio). In the prior Mayfair Gardens, two new jobs will likely arise, namely Mayfair Gardens and Mayfair Modern.
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“We wanted a powerful motif to make Mayfair stand out by the ton of forthcoming jobs,” says Oxley, which drew inspiration from Mayfair district at the West End of London, a prestigious address with elegant Georgian townhouses. Mayfair Gardens is a house for people that have a great sense of superior taste and sophisticated living”, Oxley adds. Mayfair Gardens was created by DP Architects.
Situated on Rifle Range Road from the prime Bukit Timah area in District 21, Mayfair Gardens features 1 – to four-bedroom apartments, and six penthouses ranging from 1,539 into 1,733 sq ft. Additionally, ground-floor units have a large ceiling height of 4.6m while penthouses have a ceiling height of 4.4m. According to Oxley, the”elegance” of this layout is due to finer details such as the intricate metal trimmings on the cabinets and handles. The bathroom is full of different subway tiles and patterned marble look-alike inlays.
There are more than 50 facilities at Mayfair Gardens, such as a 75m swimming pool and three skies gardens. The evolution, a five-minute walk from King Albert Park MRT Station on the Downtown , is also near reputable colleges. Oxley notes that as the website sits among sub-par landed possessions, it provides homeowners”unobstructed views” of their greenery. An integrated transport hub is planned at Beauty World, as emphasized in the Draft Master Plan 2019 released by the URA. Oxley notes that it has obtained more sales and enquiries about the evolution after the announcement.
What’s more, there are plans to get a Bukit Timah Community Building, that will have a site area of 218,600 sq ft. This integrated building will incorporate a community center, a redeveloped market and hawker center, an indoor sports hall, a library, and an older facility. At its launch on Sept 29 last year, 81 units, or 37.7percent of this undertaking, were marketed at the end of balloting.
The latest transaction was completed on October 11, when a 753 sq ft unit on the next floor was offered for about $ 1.5 million ($1,991 psf). This followed a transaction made on Sept 8, when another unit of the same size on the next floor was offered for about $ 1.48 million ($1,964 psf).
Data from URA Realis also proves that the average cost at the growth is currently $1,933 psf. “We need to place ourselves [as] one of the greatest developers in Singapore, by offering quality houses catered to [the] demands of aspiring homeowners, at a reasonable price,” says Oxley. “We’ll continue to integrate new technologies and innovation to existing and new improvements, to be in accord with the nation’s management of a smart nation.”