23/08/2018
The collective sale market continues to thrive, with the latest being Mayfair Gardens, snapped up by listed property developer Oxley Holdings for $311 million. The reserve price was $265 million.
Each owner stands to collect a gross sale price of around $1.7 million to $2.89 million once the deal goes through successfully.
The private residential estate is made up of six residential walk-up blocks with units ranging from 100 to 200 sq m and has a site area of 19,368 sq m. Located off Dunearn Road, it is near schools such as Methodist Girls' Primary & Secondary schools and Hwa Chong Junior College, and is a 300m walk from King Albert Park MRT station.
The collective sale market continues to thrive, with the latest being Mayfair Gardens located off Dunearn Road. Each owner stands to collect a gross sale price of around $1.7 million to $2.89 million. . Read more at straitstimes.com.
