05 Jun 2018
Collective sale of Mayfair Gardens
Partner Norman Ho, supported by Associates Marco Low and Dexter Ye, acted in the collective sale of Mayfair Gardens, a residential development comprising 124 strata lots and situated at 2, 4, 6, 8, 10, 12 and 14 Rifle Range Road, Singapore, for a purchase consideration of S$311 million. The sale to Citrine Property Pte. Ltd., a wholly-owned subsidiary of Oxley Holdings Limited, garnered over 90% consensus amongst all the registered proprietors of the development, and involved the application to the Strata Titles Boards under the Land Titles (Strata) Act, with the sale sanctioned by the Board.