Meridian 38

Summary
Location & Amenities
Floor Plans
Sales Data
Rental Data
Unit Size
Nearby Properties
Land Sales
Listings

Summary

Location & Amenities

Floor Plans

Sales Data

Rental Data

Unit Size

Nearby Properties

Land Sales

Listings

  See All 3 Photos

Sale Price

Average
S$ 1,396 psf
Range
S$ 1,353 - 1,438 psf

Rental Price

Average
S$ 2.2 psf pm
Range
S$ 1.8 - 2.7 psf pm

Rental Yield

1.9%

Rental income expressed as a percentage of the property's value.

Amenities

3.2
3.2

Convenience

3.7
3.7

Connectivity

Details

No Data

Note: *Based on transactions in the last 12 months. #Based on the street rental data in the last 12 months, may not be representative.

Description
Meridian 38 is developed by JVA TELOK KURAU PTE LTD. Occupying a land size of 1,342 sqm and a gross floor area of 1,879 sqm, it is a freehold apartment property located at D15 / Bedok.

This development is built in 2015 and has 19 units.

Based on past property transactions, it is currently sold at a price range of S$ 1,353 - S$ 1,438 for an average of S$ 1,396 psf. Its highest recorded transaction was S$ 1,498 psf in Jan 2013 for a 1,163-sqft unit and its lowest recorded transaction was S$ 962 psf in Apr 2017 for a 2,099-sqft unit. Based on records, buyers of this development are Singaporean 52.4%, PR 19.0%, Foreigner 28.6%, Company 0.0%. Its current rental yield is at 1.9%.

The following are amenities within 500m of Meridian 38: 3 Childcare Centre(s), LITTLE FELLOW CHILDCARE, AMERICARE CHILD DEVELOPMENT CENTRE, LITTLE FAIRYLAND CHILD CARE & DEVELOPMENT CENTRE. 1 School, CHIJ (KATONG) PRIMARY.
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Floor Plans
38
2
1

MERIDIAN 38 - 38 - 2 - 1

Sales Transaction of MERIDIAN 38 (Limited to 10)

Unit Search
#
There are 11 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
No Data

Rental Trends

Rental Transactions of MERIDIAN 38
Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
No Data
Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
700 to 800
0
1
0
1
X.X
1100 to 1200
0
1
-
-
X.X
Historical Rental Along Lorong M Telok Kurau
Month
Street
Type
Lowest Rental (S$ PSF PM)
Rental 25th (S$ PSF PM)
Median Rental (S$ PSF PM)
Rental 75th (S$ PSF PM)
Highest Rental (S$ PSF PM)
Contracts
No Data
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
Estimated Unit Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Graph Data

Table Data

Unit Size (sqft)Estimated UnitsPercentage of Total
No Data
Unit Mix
Bedroom Type
2BR
Area
743 - 743 sqft
No. of Units
4
Bedroom Type
3BR
Area
1141 - 1238 sqft
No. of Units
11
Bedroom Type
4BR
Area
1152 - 2217 sqft
No. of Units
12
Bedroom Type
5BR
Area
1959 - 1959 sqft
No. of Units
1

Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JUL 2018
Lorong H Telok Kurau (En Bloc)
Site Use
Residential
Tenure
fh
Site Area (sqm)
2,234
Site GFA (sqm)
3,109
Highest Bid ($M)
37888000
Highest Bid ($PSF)
1132
Number of BIDS
-
Land ($M)
37.9
Construction ($M)
10
Land Financing ($M)
2.7
Profesional / Legal / Taxes ($M)
3.5
Marketing / Others ($M)
3.2
Estimated Total Cost ($M)
57.30
Estimated Breakeven ($psf ppr)
1,712.06
Sold On APR 2018
Katong Omega Apartments (en bloc)
Site Use
Residential
Tenure
fh
Site Area (sqm)
2,592
Site GFA (sqm)
3,629
Highest Bid ($M)
49010000
Highest Bid ($PSF)
1140.7
Number of BIDS
7
Land ($M)
49
Construction ($M)
11.7
Land Financing ($M)
3.4
Profesional / Legal / Taxes ($M)
4.3
Marketing / Others ($M)
4.1
Estimated Total Cost ($M)
72.62
Estimated Breakeven ($psf ppr)
1,858.96
Sold On MAY 2021
Ji Liang Gardens
Site Use
Residential
Tenure
fh
Site Area (sqm)
1,327
Site GFA (sqm)
1,859
Highest Bid ($M)
18600000
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
18.6
Construction ($M)
6.6
Land Financing ($M)
1.6
Profesional / Legal / Taxes ($M)
3
Marketing / Others ($M)
1.8
Estimated Total Cost ($M)
31.64
Estimated Breakeven ($psf ppr)
1,581.82

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FAQs about MERIDIAN 38
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