Square Foot Research Singapore

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MAYFAIR MODERN

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Project Information

Project Name

MAYFAIR MODERN

Street Name

Rifle Range Road

Property Type

Condominium

Tenure

99 yrs FROM 2018

District / Planning Area

D21 / Bukit Timah

Completion

2022

Number of units

171 units

Indicative price range / Average*

S$ 2,147 - S$ 2,375 psf / S$ 2,290 psf

Indicative rental range / Average*

S$ 5.16 - S$ 7.45 psf pm / S$ 6.36 psf pm

Implied rental yield

3.33%

Historical high

S$ 2,404 psf in Mar 2023 for a 1,044-sqft unit

Indicative average price from historical high

-4.7%

Historical low

S$ 1,730 psf in Feb 2020 for a 635-sqft unit

Buyer profile by status#

Singaporean 81.9%, PR 7.3%, Foreigner 9.6%, Company 0.6%

Buyer profile by purchaser address#

HDB 28.9%, Private 71.1%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
MAYFAIR MODERN 99 yrs FROM 2018 2022 - 2,147 2,290 2,375 5.16 6.29 7.45 3.3
MAYFAIR GARDENS 99 yrs FROM 2018 2023 114 1,917 2,111 2,332 5.22 6.34 7.56 3.6
GARDENVISTA 99 yrs FROM 1999 2006 120 1,685 1,754 1,858 4.35 4.91 5.39 3.4
JARDIN Freehold 2012 147 1,793 1,886 2,001 3.84 4.60 5.58 2.9
1 KING ALBERT PARK Freehold 1997 160 1,819 1,819 1,819 3.33 4.11 4.93 2.7
THE BLOSSOMVALE 999 Yrs FROM 1884 1998 172 1,936 2,081 2,193 3.74 4.59 5.60 2.6
KAP RESIDENCES Freehold 2016 249 1,782 1,904 2,083 3.81 5.55 7.22 3.5
SHERWOOD TOWER 99 yrs FROM 1976 1980 344 905 1,008 1,135 2.26 3.20 4.31 3.8
CASA ESPERANZA Freehold 1992 391 1,754 1,754 1,754 3.91 4.23 4.35 2.9
MAPLE WOODS Freehold 1997 567 2,049 2,088 2,132 3.17 4.29 5.65 2.5

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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