Mayfair Gardens Price – Comparative Market Analysis

So would you be able to deduce the price of Mayfair Gardens new launch unit by looking at the pricing of other nearby condos?

Every Condo is different, so their psf are definitely different. However, by looking at other condos in the vicinity, should still give you a gauge roughly how much will Mayfair Gardens new launch price will be.

But first, let’s take a look at the property prices for District 21 over a period of 10 years.

Mayfair Gardens Price – Comparative Market Analysis: Property Sales Price for District 21 from 2008 to 2017

District 21 includes the following towns:
– Ulu Pandan,
– Clementi Park and
– Bukit Timah – where Mayfair Gardens new launch is located

New residential property Sale price was at an average of $1,693 psf in Feburary 2008. In 2017 December, it was only $1,460 psf.

This is about 14% drop in the average price. Surprised?

Actually this may not be a good representation of the market price in District 21, as the number of new launches is scare.

There are so many factor that affect the property prices, and a recent strong factor is ABSD. Being situated in Bukit Timah, Mayfair Gardens price will definitely be different to a similar condo but located in Ulu Pandan.

Anyway, by doing a Comparative Market Analysis of the condo nearby Mayfair Gardens New Launch may give some better insight to the Mayfair gardens price.

If you did not check out the video at the start of the post, here are the same content but in text.