New Launch Condo @ Rifle Range Road

New Launch Condo @ Rifle Range Road

Oxley Holding subsidiary Citrine Property has continued the progress of the en bloc fever sale with its recent purchase of the Mayfair Gardens condo for S$311 million.

Built in the 1980s, the 99-year leasehold condominium comprises six walk-up blocks of 124 units ranging from 100 sq m to 200 sq m (1,076 to 2,153 sq ft). The approximately 208,475 sq ft site is zoned residential with a gross plot ratio of 1.4 under the 2014 Master Plan.

S$265 million was the reserve price for the Mayfair Gardens en bloc bid. Over 84% of unit owners – 105 out of a total of 124 units – agreed to the collective sale. The public sale tender for the new condo launch @ Mayfair Gardens was open between the 23rd of October and the 16th of November.

The executive director and head of capital markets and investment at Knight Frank, Ian Loh, said that: New Launch Condo at Rifle Range Road have the potential for the construction up to 387 new residential units upon redevelopment. This number assumes an average apartment size of 70 square meters.

With the sale price for upcoming condo launch at Rifle Range Road of S$311 million taken into account, it is estimated that the breakeven price for any new development will be around S$1,780 per square foot.

New Launch Condo @ Rifle Range Road

New Launch Condo @ Rifle Range Road Details

Project NameTBA
AddressRifle Range Road
DeveloperOxley Holding
DescriptionTBA
TenureTBA
District21
Site Area208,475 sq ft
Gross Floor AreaTBA
No. of BlocksTBA
No. of StoreysTBA
No. of Units387
No. Carpark LotsTBA
TOPTBA

New Launch Condo @ Rifle Range Road Location

 

Situated just off Dunearn Road, the condominium is near a number of prestigious schools, including the Ha Chong Junior College and the Methodist Girls’ Primary and Secondary Schools. It is also just 300 meters from the King Albert Park MRT station.

 

Numerous bus services are available close to the development. Several local ad international schools, such as Ngee Ann Polytechnic and Swiss School, are located just a short bus ride away. Numerous restaurants are sprawled across the area and nearby shopping centres, such as Bukit Timah Plaza and Beauty World Centre, hosts a range of amenities including supermarkets and more eating establishments. Recreational facilities nearby include Green Fairways Golf Course & Driving Range and the enchanting Bukit Timah Nature Reserve. For vehicle owners, it takes 10-15 minutes to get to the business hub and the Orchard Road shopping district, via Ayer Rajah Expressway and Dunearn Road respectively.

 

 

Amenities Near New Launch Condo @ Rifle Range Road

 

Connectivity

MRT Station

King Albert Park – 0.46 km

Beauty World – 0.68 km

Sixth Avenue – 1.95 kms

 

Educational Institutes

Primary School

Pei Hwa Presbyterian Primary School – 0.59 km

Methodist Girls’ School (Primary) – 0.63 km

Bukit Timah Primary School – 1.62 km

 

Secondary School

Methodist Girls’ School (Secondary) – 0.63 km

Yusof Ishak Secondary School – 2.42 km

Nanyang Girls’ High School – 2.49 km

 

International School

Swiss School in Singapore – 1.2 km

Hollandse School – 1.3 km

Singapore Korean International School – 1.4 km

Hwa Chong International – 2.6 km

 

Shopping Mall

The Clementi Mall (3.1 km)

West Mall (3.8 km)

 

Supermarket

Cold Storage Sime Darby – 0.3 km

Giant Super Beauty World Centre – 0.8 km

 

New Launch Condo @ Rifle Range Road Site Plan / Facilities

To be updated soon!!

New Launch Condo @ Rifle Range Road Floor Plan

To be updated soon!!