Meyer Park Enbloc Condos in Fort Worth, Texas

Whether you’re a first-time homebuyer, looking to relocate, or interested in investing, Meyer Park Enbloc Condos in Fort Worth, Texas are a great option. They’re located in a quiet neighborhood, but are only a few miles from the heart of Fort Worth, and offer affordable options for both buyers and renters.

Location

Located in District 15 of East Coast/ Marine Parade, Meyer Park is an en bloc mid-sized luxury high-rise development. It comprises 60 residential units across two residential blocks. The development is expected to achieve a temporary occupation permit in 2024. Its potential gross floor area is 270,676 sq ft.

Meyer Park is a freehold seafront residential site located in District 15. The site is zoned for residential use and has a maximum allowable gross floor area of 289,628 sq ft. The maximum building height control is 36 storeys. The site has 88 metres of sea frontage.

The project will also benefit from the proximity to East Coast Park. This park is a 185-hectare long coastal park that is home to numerous cafes, restaurants, and sandy beaches. It is also close to several schools, including Tanjong Katong Girls School. The upcoming Katong Park MRT station on the Thomson-East Coast Line is also within walking distance.

The project is also within close proximity to Katong Shopping Centre, Cold Storage Parkway Parade, and Jalan Tiga. It is also close to Katong V and Katong V East.

Price per square foot

Located at 81 Meyer Road in Marine Parade, Meyer Park is a freehold seafront condo development. The condominium has 60 residential units. The site has a land area of 96,672 sq ft. It is zoned for residential use and offers a panoramic view of the sea. The project is also close to the future Katong Park MRT Station.

The land rate of Meyer Park equates to S$1,720 per sq ft per plot ratio. This price includes the development charge of S$78.2 million. It also includes a 7% bonus floor area.

The site was built in the 1980s and is located at Marine Parade. The condominium has a total of 88 meters of frontage facing the sea. It also has a plot ratio of 2.8 and has the potential to house up to 251 units.

The last unit sold at Meyer Park was a 1,808 sq ft apartment. It was sold for $2.565 million on July 2020.

Schools in the area

Several schools are within close proximity to Meyer Park Enbloc Condo, including the Tanjong Katong Secondary School, Tanjong Katong Primary School and the Canadian International School. The development is also close to several shopping centers and cafes.

There are several shopping centers in the area, including Parkway Parade and the i12 Katong. There are also many restaurants in the area. A good location for those who want to live near the city.

Meyer Park is a mid-sized residential site. It is zoned for residential use and has a total land area of 96,672 square feet. The site is expected to accommodate 251 residential units. The maximum building height is 36 storeys. The site also includes a 7% bonus floor area.

It has a gross floor area of about 289,628 square feet, which is equivalent to about a third of the total land area. The site was built in the 1980s and offers panoramic views of the sea and Mountbatten’s bungalow enclave to the north.

Anti-enbloc residents

Several Meyer Park residents are anti-enbloc. They’re upset about the en bloc sale, and they’re not happy with how the proceeds were apportioned.

Some believe the en bloc process is damaging the community. Others claim that maintenance issues are left unfixed, and that the developers are putting off work in an effort to pressure residents. In the end, the developers have no real interest in the residents who don’t want to sell. In many cases, the residents end up paying a premium for a unit they didn’t really want, and are left to face maintenance costs that would be less expensive if they remained as condo owners.

Senior citizens and the elderly may not want to move after they’re 70. Their income may have dropped, or they may no longer meet the financing requirements. Regardless of their concerns, they can still take action. In some cases, developers change their minds and go back to their original plans.