Singapore-listed property company GuocoLand will trailer on Sept 7 the newest Meyer Mansion, its very first improvement in a couple of years.
The pricing has yet to be finalised, but they ought to breakeven in the area of $2,300 psf to $2,400 psf, says Dominic Lee, head of PropNex Luxury Team.
See more on Verdale psf pricing details.
The freehold Meyer Mansion includes 200 units at a 25-storey residential property, also supplies a variety of components from 484-sq-ft one-bedders, to 2,142-sq-ft, four-bedroom superior components. The development will comprise eight distinct layouts, each with only 25 units available.
Based on GuocoLand, 80 percent of the property area has been committed to making a spacious backyard, which was motivated by seafront mansions.
As the latest variant of GuocoLand’s set of luxury residential properties in prime districts, Meyer Mansion follows the success of projects including Goodwood Residence, Leedon Residence, Wallich Residence, and Martin Modern.
Meyer Mansion is a 450-metre walk through an underpass into East Coast Park, and the City in Addition to the Changi Airport are about 10 minutes away. Katong Park MRT Station on the Thomson-East Coast MRT Line will be a six minutes’ walk away as it opens at 2023.
“It’s been eight years since the last great sized high-rise condo launching along Meyer Road,” says Cheng Hsing Yao, group managing director of GuocoLand Singapore.
“It’s extremely rare to get a high-rise freehold website along Meyer Road to become available, and it’ll be increasingly so in the long run. An opportunity for example Meyer Mansion will probably be very tough to come by moving forward.”