MEYER PARK ENBLOC

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Meyer Park Enbloc

FREEHOLD

AWAITING SUCCESSFUL ENBLOC

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DISTRICT
D15 - MARINE PARADE
UNITS
Est 251
PROPERTY TYPE
CONDO
TENURE
FREEHOLD

Register for Updates on Meyer Park Enbloc!

The Freehold Meyer Park first launched for enbloc in July 2022 with a reserve price of $420m.

In their third and latest attempt, their collective sale has been relaunched at a lower price of $390m, which works out to approximately S$1,660 per sq ft per plot ratio.

Register today for latest updates on Meyer Park's enbloc attempts.

Near Katong Park MRT (est completion 2024) and also Tanjong Katong MRT
Amenities nearby include Parkway Parade and i12 Katong, retail heritage shophouses
Nearby schools include Tao Nan Primary School, Dunman High School, Victoria Junior College

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Meyer Park Project Information

LAND SIZE (SQM)8,981
MASTER PLAN GFA (SQM)25,143
MASTER PLAN PLOT RATIO2.8
PROJECT NAMEMEYER PARK
STREET NAMEMEYER ROAD
PROPERTY TYPECONDOMINIUM
TENUREFREEHOLD
DISTRICT / PLANNING AREAD15 / MARINE PARADE
COMPLETION1985
NUMBER OF UNITS60 UNITS
Meyer Park Photo

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Meyer Park Price Data

Meyer Park Historical Price TrendMeyer Park Price Comparison

Meyer Park Press Coverage 

Meyer Park en bloc sale relaunches at lower S$390m reserve price

17 Jan 2023

FREEHOLD sea-fronting Meyer Park has been relaunched for collective sale at a lower reserve price of S$390 million after its two previous attempts closed without a sale.

The District 15 condo was first launched on Jul 25 last year with a reserve price of S$420 million. It was relaunched at the same reserve price on Oct 13, with the tender again closing on Nov 2 without a deal.

Located at 81 & 83 Meyer Road, Meyer Park sits on a land area of approximately 96,672 square feet (sq ft). With an estimated land betterment charge of about S$90.9 million, the land rate at the current reserve price works out to approximately S$1,660 per sq ft per plot ratio (psf ppr), including a 7 per cent bonus floor area.

Reference

Meyer Park Press Coverage 

Meyer Park relaunched for en bloc sale at unchanged S$420m reserve price

13 Oct 2022

FREEHOLD sea-fronting Meyer Park has been relaunched for collective sale at the same reserve price of S$420 million after the previous attempt closed on Sep 9 without a sale.

The land betterment charge for the 96,672 square foot (sq ft) site at 81 and 83 Meyer Road is now about S$90.9 million, which works out to a land rate of around S$1,764 per sq ft per plot ratio (psf ppr), including a 7 per cent bonus floor area. This compares with a land rate of about S$1,720 psf ppr in its Jul 25 launch, when the development charge was a lower S$78.2 million.

Under Master Plan 2019, the site is zoned for residential use with a plot ratio of 2.8. Including the bonus floor area, the maximum allowable gross floor area works out to some 289,628 sq ft.

Reference

Meyer Park Press Coverage 

Meyer Park launched for collective sale at S$420m reserve price

25 Jul 2022

A FREEHOLD seafront residential site at 81 and 83 Meyer Road has been launched for collective sale at a reserve price of S$420 million.

This works out to a land rate of about S$1,720 per square feet per plot ratio (psf ppr) after factoring in a development charge of S$78.2 million, which factors in a 7 per cent bonus floor area.

Zoned "residential" with a plot ratio of 2.8 per cent, the District 15 site has a land area of about 96,672 sq feet (sq ft) with an 88-metre frontage facing the sea. Its maximum allowable gross floor area spans some 289,628 sq ft after factoring in a bonus floor area of 7 per cent.

Reference

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