SINGAPORE (Oct 1): Developer Oxley Holdings says its Mayfair Gardens luxury condominium project, was 40% sold during its official launch weekend on Sept 29-30.

Althogether, 87 units out of the 215 units were snapped up by homebuyers. The average price for the 87 units sold was $1,900 psf. Units sold range from 1-bedroom to 4-bedroom apartments. In addition, three of the six penthouses were sold. The buyers comprise 85% Singaporeans while the other 15% was made up of permanent residents and foreigners.

Mayfair Gardens is designed by DP Architects, with inspiration from Georgian architecture. It is the most upscale development in Oxley’s portfolio to date. The project has 55 facilities, including a 75m swimming pool and three sky terraces. The strong sales results reflect the market’s demand for quality luxurious housing.

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