Meyer Park
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Luxury development with about 230 to 250 units in a high-rise block to capitalise on the unblocked views.
SITE AREA
96,672 sqft
TENURE
Freehold
ESTIMATED LAUNCH
2024
PLOT RATIO
2:8
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Meyer Park overlooks a two-storey landed housing estate with a sweeping sea view and is well-connected to several expressways, including the Marina Coastal Expressway.
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Developed by United Venture Development – one of Singapore’s leading public-listed property companies with an extensive portfolio of development.
ABOUT MEYER PARK
Meyer Park was completed in the 1980s, and houses 60 apartments. Amenities in its vicinity include malls such as Parkway Parade and i12 Katong, as well as heritage shophouses housing both retail and food and beverage businesses. Nearby schools range from Tao Nan Primary School to Dunman High School and Victoria Junior College, among others.
BACKGROUND
NEARBY FACILITIES
Mayer Park is located within the region of Singapore which is known for its numerous plantations, schools, churches and other facilities catering to diverse needs sprung up. Now a days District 15 is one of the top choices for investing in properties as it proposes a wide array of residential preferences ranging from HDB apartments to private residences. This condo offers superior value for its close proximity to the city, and it is within walking distance to prominent local schools. Meyer Park has the full condo facilities, such as swimming pool, covered car park, 24 hours security, tennis and squash courts, steam bath, and badminton court. Renowned and well established schools are nearby and this condo is within the close proximity of Orchard Shopping Belt, Parkland Golf Driving Range and the East Coast Park as well.
ACCESSIBILITIES
Meyer Park’s unique location lets the inhabitants benefitted from close proximity to the Central Business District, and it can be accessed through Dakota MRT Station which is only a few minutes away. Other closest MRTs are Katong Park MRT Station and Mountbatten MRT Station which are just a short walking distance. Via East Coast Parkway, it is easily accessible to the Central Business District, Changi International Airport and all parts of Singapore. A few feeder bus services are available near Meyer Park. It is also a short drive away to the numerous amenities available at East Coast Road, Marine Parade Road and Parkway Parade Shopping Mall. Driving from Meyer Park to either the business hub or the vibrant Orchard Road shopping district East Coast Parkway takes about 15 minutes. Meyer Park is easily accessible via Marina Coastal Expressway and Nicoll Highway.
THE HISTORY OF MEYER PARK
Built in 1985 by Captial Realty Pte Ltd, Meyer Park is located at 81 Meyer Road, Singapore 437908, in District 15. It is a place for a refuge within a magnificent metropolis and in an ingenious ecstasy, all in one desirable address. It is a modern freehold condominium comprises 60 elegant units offer the advantage of tranquil city fringe living.
The current Meyer Park was completed in 1985 and developed by Capital Realty Pte. Ltd. It is a local and emerging property developer, a Private Company Limited by Shares, incorporated on 2 October 1972 in Singapore with registered office at 19 New Bridge Road, Singapore. The company has been dissolved recently as the members’ voluntary winding.
In February 2023, Meyer Park was sold to UOL-Singapore Land Group JV for S$392.18 million in third en bloc attempt.
Calling the acquisition a “timely replenishment”, UOL group chief executive Liam Wee Sin said: “Given its freehold tenure and exclusive locale, we see the opportunity to develop this site into a luxury development with about 230 to 250 units in a high-rise block to capitalise on the unblocked views.”
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BY UOL GROUP LIMITED & SINGAPORE LAND LIMITED
The freehold sea-fronting residential property was sold to United Venture Development (No 6), an 80/20 joint-venture (JV) company between UOL Group and Singapore Land Group.
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Copyright 2023 | Meyer Park
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