Oxley previews UK-inspired luxury condo Mayfair Gardens

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/ EdgeProp Singapore
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September 14, 2018 9:00 PM SGT
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On the weekend of Sept 15 and 16, Singapore-listed developer Oxley Holdings will be previewing the 215- unit luxury condominium Mayfair Gardens.
Located on Rifle Range Road in the prime Bukit Timah area, the project comprises a good mix of one- to four-bedroom apartments, and six penthouses ranging from 1,539 to 1,733 sq ft. Units on the ground level have a ceiling height of 4.6m, while penthouses have a ceiling height of 4.4m.
Ching (right, with Low): Mayfair Gardens is the project of the decade for Oxley (Credit: Albert Chua/ The Edge Singapore)

‘Priced to sell’

Prices range from $938,000 ($1,853 psf) for a 506 sq ft, one-bedroom unit to $2.308 million ($1,898 psf) for a 1,216 sq ft, four-bedroom unit. The average price is said to be $1,900 psf. Ching Chiat Kwong, Oxley Holdings’ executive chairman and CEO, says the units are “priced to sell”.
Mayfair Gardens is a redevelopment of a private residential property in District 21 bearing the same name. Last November, Oxley purchased the original 124-unit condo development in an en bloc deal for $311 million ($1,244 psf per plot ratio), 14.8% more than the reserve price of $265 million. The former Mayfair Gardens, occupying a 208,480 sq ft site, will be developed into two new projects — Mayfair Gardens and Mayfair Modern. The redeveloped Mayfair Gardens will sit on a 116,130 sq ft site, while Mayfair Modern will be a smaller development with about 171 units.
The design of the 215-unit Mayfair Gardens on Rifle Range Road was inspired by British Georgian architecture (Credit: Albert Chua/ The Edge Singapore)
The new Mayfair Gardens is designed by DP Architects, with inspiration from Georgian architecture. “Mayfair Gardens is the project of the decade for Oxley,” says Ching. He is confident that...