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A Successful En-Bloc of
Casa Meyfort

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Meyer Mansion Sales

PROJECT DETAILS

 
 

Meyer Masionis nestled in the prestigious waterfront residential district of East Coast, Meyer Road. A high end project by guocoLand, one of the most established developers in Singapore. Meyer Mansion is set to give a distinctive difference from its neighbours with its unique architecture

Other developments that are located in the vicinity of Meyer Mansion include, Hawaii Tower, The Seafront on Meyer, The Makena, Aalto and also the upcoming One Meyer and Meyerhouse. Meyer Mansion’s freehold site will have a total plot area of approximately  square feet. It is scheduled to be completed in end of 2023. Upon completion, Meyer Mansion will have 2 iconic residential blocks with each towering at 31 storeys. Those living at the higher floors units can expect the majestic sea views of the southern seas of Singapore.

Casa Meyfort image

 

Meyer Mansion- Connectivity
Meyer Mansion is conveniently located approximately 500 m away from the upcoming Katong Park MRT Station (Thomson East Coast Line) which will start operating in 2023. As of now, the current nearest Datoka Circle Line MRT station is just a short drive away from Meyer Mansion. Set in the prime location, a 7 minutes’ drive will get Meyer Mansion's future residents to the downtown Financial District and Marina Bay New Downtown. Meyer Mansion's residents can also take an 8 minutes’ drive down to the Orchard Shopping Belt for a weekend shopping spree. The nearby East Coast Parkway (ECP), Kallang Paya Lebar Expressway (KPE) and the Pan Island Expressway (PIE) makes island wide traveling a breeze.

 

Meyer Mansion- Amenities
In terms of accessing to dining, shopping and entertainment facilities, Meyer Manion's future residents can take a 5 minutes’ drive down to Katong Shopping Centre, The Odeon Katong, Paramount Shopping Complex, Roxy Square, Parkway Parade, 112 Katong and Leisure Park Kallang where useful amenities such as food courts, supermarkets, retail outlets, F&B outlets and departmental stores are located which will bring everyday conveniences in terms of their daily shopping and dining needs.


Meyer Mansion- Education
Local school such as Tanjong Katong Primary School, Kong Hwa School, Chung Cheng High School (Main), Dunman High School, Northlight School, Tanjong Katong Girls’ School, Tanjong Katong Technical Secondary School. Broadrick Secondary School and Tanjong Katong Secondary School are also located within 2 km away from Meyer Mansion.


Meyer Mansion- Developer


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First Hand Information

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Project  Meyer Mansion
Developer  Guocoland
Location  79, Meyer Road
District  15
Tenure  Freehold
Site Area  79,919 square metres/  85,249 square feet
GFA:  22,175 square metres/238,697 square feet
Plot Ratio  2.8
Expected TOP:
Total Units  Approximately residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigner can buy (No restriction)

LOCATION and AMENITIES

Amenities Near Meyer Mansion

Category Important Amenities Near Meyer Mansion Approximate Distance
Train Stations Dakota (CC8)
Katong Park (TE25) Thomson East Coast Line Due 2023
1.4km
0.6km
Bus Stop CP B1 (Bus: 401) 0.1km
Supermarkets Fairprice (Esso Mountbatten)
Cold Storage (Parkway Parade)
Giant (82 Marine Parade Central)
Sheng Siong (301 Geylang Road)
1.2km
1.5km
1.7km
2.4km
Shopping Malls Katong Shopping Centre
The Odeon Katong
Paramount Shopping Complex
Roxy Square
Parkway Parade
I12 Katong
Leisure Park Kallang
1.3km
1.4km
1.4km
1.5km
1.5km
1.7km
2.0km
Education Institutions Preschool
Montessori For Children (Broadrick Campus)
Schoolhouse By The Bay
PCF Mountbatten Blk 14
PCF Mountbatten Blk 51
Saint Hilda’s Church Kindergarten
Kinderland Preschool (Marine Parade)
Tung Ling Kindergarten
White Lodge Kindergarten (East Coast)
Holy Family Kindergarten
Chen Li Kindergarten
0.4km
1.0km
1.1km
1.5km
1.5km
1.6km
1.8km
1.9km
1.9km
2.0km
Primary
Tanjong Katong Primary School
Kong Hwa School
1.3km
1.7km
Secondary
Chung Cheng High School (Main)
Dunman High School
Northlight School
Tanjong Katong Girls’ School
Broadrick Secondary School
Tanjong Katong Secondary School
1.0km
1.2km
1.3km
1.3km
1.4km
1.4km
Junior College
Dunman High School 1.2km
Tertiary
Singapore Management University 4.8km
International
Canadian International School (Tanjong Katong Campus)
Chatsworth International School (East Campus)
1.0km
1.0km
Food Centre Jalan Batu Block 4A Market & Food Centre
Old Airport Road Block 51 Market & Food Centre
Kallang Estate Fresh Market & Food Centre
84 Marine Parade Central Market & Food Centre
Dunman Food Centre
1.2km
1.5km
1.6km
1.6km
1.8km
Lifestyle East Coast Park
Chinese Swimming Club
Singapore Swimming Club
The Eurasian Association
Kallang Cricket Ground
Kallang Netball Centre
Kallang Squash & Tennis Centre
0.8km
0.9km
1.3km
1.7km
1.7km
1.8km
1.8km

FACILITIES SITE PLAN E-BROCHURE

The Site and Floor plans of Meyer Mansion are currently seeking approval from relevant authorities.


If you would like to be updated on first hand information for Meyer Mansions, at the former site of Casa Meyfort
Please 
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RESIDENTIAL FLOOR PlANS E-BROCHURE- MEYER MANSIONS

Coastline Residences offers Unit Mixes of 

View Price and Available Units HERE

  • Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
  • Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
  • Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
  • Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.

AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF

View Site and Facilities Plans HERE

Like any other new launches, the prices of Meyer Mansion will only be announced on the sales day. Indicating pricing will be announced earlier. 

Meyer Mansion is a new condo, sitting on the site of former Casa Meyfort, where the site was sold to GuocoLand, for $   , as collective sale. The sale price of $   , plus the differential premium $ million, payable to the state for redevelopment of the site to a gross plot ratio of 2.1.works out to a land cost of about $1536 psf per plot ratio on the potential gross floor area.

Cost of Land

The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.

Construction Costs

The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.

Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.

Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.

  • Administrative expenses: Staff costs, office rents etc..
  • Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
  • Finance costs: interest expense paid to the finance institutions for financing the development.

Land Cost: $psf ppr
Construction Cost: S$400 psf
Marketing expense: S$200 psf
Profit margin: 20%
Estimated launch price: S$psf

WHY BUY MEYER MANSION NOW

After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.

In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.

Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and 
3) Foreigner purchases for investment.

The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.

Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.

Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.


Since Meyer Mansion new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.

After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Meyer Mansion new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.

Buying a Meyer Mansion condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Meyer Mansion is newly launch, but you will have to act fast because condominiums sell out pretty fast.

This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.

The developer’s marketing team will enlighten you regarding the all the particular details of Meyer Mansion such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.

Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Meyer Mansion in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.

But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Meyer Mansion is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Meyer Mansion also offer much better facilities than any other resale property.

Investing in a Meyer Mansion newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.

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Thank you for Your interest in Meyer Mansion

Be among the first to view and book Meyer Mansion, a new life-style in site of former Casa Meyfort, at the lowest pre-launch price

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  • Latest updates on the development
  • Priority unit choice and selection
  • Enjoy early-bird VVIP Discounts
  • Direct Developer price
  • No Commission payable

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