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GuocoLand bags Casa Meyfort for S$320m

Deal said to be signed before latest cooling measures and is below reserve price of S$340m

    Published Tue, Jul 10, 2018 · 09:50 PM

    Singapore

    GUOCOLAND on Tuesday announced that it has exercised the option to buy freehold condominium, Casa Meyfort along Meyer Road through a collective sale for S$319.88 million.

    The price works out to about S$1,580 per square foot per plot ratio (psf ppr), including an estimated development charge of S$57.2 million.

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