{"id":74958,"date":"2017-12-20T10:10:36","date_gmt":"2017-12-20T03:10:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-meyfort-up-for-en-bloc-sale-for-340mil\/"},"modified":"2017-12-20T11:03:24","modified_gmt":"2017-12-20T04:03:24","slug":"casa-meyfort-up-for-en-bloc-sale-for-340mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-meyfort-up-for-en-bloc-sale-for-340mil\/","title":{"rendered":"Casa Meyfort up for en bloc sale for $340mil"},"content":{"rendered":"


\nCasa Meyfort, a 76-unit residential development along Meyer Road, has been put up for en bloc sale by tender, with a reserve price of $340 million, revealed Edmund Tie & Company.
\nThe price tag, which works out to a land rate of $1,616 psf per plot ratio (ppr), includes a development charge of around $46 million.
\nThe price may be pared down to $1,540 psf ppr \u201cif inclusive of 10 percent additional gross floor area for balcony area and an additional development charge of approximately $19 million\u201d.
\nNestled on an 85,249 sq ft site, the freehold development was built in the 1990s.
\nCasa Meyfort fronts Meyer Road, giving the site a good view of the sea, the Central Business District and the Mountbatten Road landed housing estate.
\nSituated within 600 metres to the upcoming Katong Park MRT Station on the Thomson-East Coast Line, the site is zoned residential with a gross plot ratio of 2.8 under the 2014 Master Plan.
\n\u201cCasa Meyfort is a rarely available freehold residential site along the iconic Meyer Road,\u201d said Tan Chun Ming, director of the investment advisory at Edmund Tie & Co (SEA).
\n\u201cIt\u2019s the perfect opportunity for the developer to create an upscale residential product, and may potentially set a new benchmark for the entire Meyer Road.\u201d
\nThe tender for Casa Meyfort closes on 17 January.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Casa Meyfort up for en bloc sale for 0mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Casa Meyfort, a 76-unit residential development along Meyer Road, has been put up for en...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-74958","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-jv0","jetpack-related-posts":[{"id":84896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-meyfort-and-landmark-tower-up-for-collective-sale\/","url_meta":{"origin":74958,"position":0},"title":"Casa Meyfort and Landmark Tower up for collective sale","date":"April 10, 2018","format":false,"excerpt":"\r The 139-unit Landmark Tower near Pearl\u2019s Hill City Park has a reserve price of $285 million, or $1,400 psf ppr. (Photo: JLL) Encouraged by the 3.8 percent hike in private home prices in the Outside Central Region as per the Urban Redevelopment Authority\u2019s quarterly flash estimates, the owners of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93603,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-acquires-casa-meyfort-for-s319-88mil\/","url_meta":{"origin":74958,"position":1},"title":"GuocoLand acquires Casa Meyfort for S$319.88mil","date":"July 11, 2018","format":false,"excerpt":"\r GuocoLand Limited, via its fully owned subsidiary First Meyer Development, has exercised the option to purchase Casa Meyfort condominium along Meyer Road through a collective sale for $319.88 million. Including an estimated development charge of $57.2 million, the price works out to about $1,580 per sq ft per plot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88041,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peak-court-sold-en-bloc-for-118-88m\/","url_meta":{"origin":74958,"position":2},"title":"Peak Court sold en bloc for $118.88m","date":"May 14, 2018","format":false,"excerpt":"\r The purchase price is higher than the asking price of $106 million. (Photo: ET&Co) Peak Court, a four-storey residential project at Thomson Road, has been sold via collective sale for $118.88 million, higher than the asking price of $106 million, marketing agent Edmund Tie & Company (ET&Co) said on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-sophia-relaunched-for-en-bloc-sale-at-lower-price\/","url_meta":{"origin":74958,"position":3},"title":"Casa Sophia relaunched for en bloc sale at lower price","date":"March 19, 2019","format":false,"excerpt":"\r Most of the owners agreed to a lower asking price of $30 million or $1,158 psf ppr, revealed marketing agent ERA. The 12-unit Casa Sophia has been relaunched for collective sale by private treaty, after most of the owners agreed to a lower asking price of $30 million or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-freehold-properties-launched-for-en-bloc-sale\/","url_meta":{"origin":74958,"position":4},"title":"Two freehold properties launched for en bloc sale","date":"May 3, 2018","format":false,"excerpt":"\r Holland Tower in District 10 was put up for sale with a reserve price of $65 million. (Photo: SRI) More homeowners are trying their luck at collective sales, with two freehold developments launched at a combined price of $103 million. The Holland Tower condominium in District 10 was put\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-sophia-finally-sold-en-bloc-for-29-million\/","url_meta":{"origin":74958,"position":5},"title":"Casa Sophia finally sold en bloc for $29 million","date":"January 14, 2020","format":false,"excerpt":"\r The price works out to a land rate of $1,200 per sq ft per plot ratio (psf ppr). Casa Sophia, a 12-unit freehold residential development located along Sophia Road, has been sold en bloc for $29 million, reported The Business Times. Including a development charge of around $2.2 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/74958"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=74958"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/74958\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=74958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=74958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=74958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}