According to GuocoLand Singapore, 21 units at the 200-unit Meyer Mansion were sold at an average price of $2,747 psf. Some units even crossed the 3,000 psf.
In fact, the one- and four-bedroom units were the most popular among buyers. The highest psf achieved was for a one-bedroom unit that fetched $3,185 psf. Meanwhile, four-bedroom units were sold for as high as $4.8 million ($2,781 psf).
“Many of the buyers also went for higher floor units for the spectacular views of the sea, the city or the landed housing area,” says Dora Chng, GuocoLand Singapore general manager (residential). Many of the buyers were buying for their own use, with the majority (90%) said to be local residents.
Dominic Lee, head of luxury team at PropNex, one of the joint marketing agencies for Meyer Mansion, considers it “the top-selling-project this weekend”.
The attraction of Meyer Mansion is its freehold tenure, its prestigious Meyer Road address, the “exceptional views” and a land area large enough to provide a “lush, beautiful garden setting”, adds GuocoLand’s Chng.
Meanwhile, about 18 units were sold at The Antares over the same weekend at an average price of $1,760 psf. The 265-unit residential development will have a covered linkway to the nearby Mattar MRT station on the Downtown Line.