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Mayfair Gardens sold en bloc for S$311 million

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Nisha Ramchandani

Nisha Ramchandani

Published Sun, Nov 19, 2017 · 09:50 PM

    Singapore

    THE en bloc train continues to chug along with Oxley Holdings' subsidiary, Citrine Property, clinching Mayfair Gardens for S$311 million.

    The sale price, with an additional lease top-up premium estimated at S$52 million to top up the lease to a fresh 99 years, translates to a land price of approximately S$1,244 per square foot per plot ratio (psf ppr), said marketing agent Knight Frank in a press release.

    oxley holdingsKnight Frank

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