GuocoLand’s freehold Meyer Mansion to preview on Sept 7

Singapore-listed GuocoLand will preview on Sept 7 the new Meyer Mansion, which will comprise 200 units in a 25-storey block (Credit: GuocoLand Singapore)
SINGAPORE (EDGEPROP) - Singapore-listed property firm GuocoLand will preview the 200-unit Meyer Mansion on Sept 7, with the official launch scheduled for Sept 13. The freehold development is the firm’s first condo project in two years. Its last launch was the 99-year leasehold Martin Modern at Martin Place.
Targeted for completion in 2024, Meyer Mansion will offer a range of units from 484-sq-ft, one-bedroom units to 2,142-sq-ft, four-bedroom premium units. The 25-storey residential tower will feature eight different layouts, each with only 25 units available.
With Meyer Mansion, GuocoLand intends to bring the luxury lifestyle it created in Martin Modern to District 15, according to Cheng Hsing Yao, group managing director of GuocoLand Singapore.
“It has been eight years since the last good-sized high-rise condominium launch along Meyer Road,” he says.
The living area of a three-bedroom showflat unit at Meyer Mansion (Credit: Samuel Isaac Chua/ EdgeProp Singapore)

Luxury holiday homes

The Meyer Mansion site is a redevelopment of the former Casa Meyfort. GuocoLand purchased the site in a collective sale in July last year for $319.8 million, including an estimated development charge of $57.2 million. This works out to be about $1,580 psf per plot ratio (ppr).
While the site could have yielded more units, Cheng states that the firm decided to build only 200 units to maintain the “feel of a holiday home”, considering that the site faces the sea. The idea of a holiday home was also inspired by Meyer Road’s history. In the 1800s, many affluent businessmen built their holiday mansions along the coast.
Some 80% of the 86,000-sq-ft site area has been dedicated to landscaping and amenities, with palms and frangipani trees expected to be a common sight on the grounds.
All units will have a view; the lower-floor units will have views of Meyer Mansion’s own gardens, while the higher-floor units will have unblocked panoramic views of the sea, the...