GuocoLand acquires Casa Meyfort for S$319.88m

The freehold condo of Casa Meyfort has been sold to GuocoLand at S$319.88 million. The land rate of the en bloc sale translates to S$1,580 per square foot per plot ratio (psf ppr).

A 76-unit District 15 condo located at 79 Meyer Road, Casa Meyfort was built on a site area of 85,249 square feet in 1992.

Under the 2014 URA Master Plan, the land plot has a plot ratio of 2.8, and will eventually be replaced by a 200-unit condominium named Meyer Mansion.

 

 

Source: https://www.businesstimes.com.sg/companies-markets/guocoland-acquires-casa-meyfort-for-s31988m

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