Meyerhouse

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 5 Photos

Sale Price *

Average
S$ 2,591 psf
Range
S$ 2,389 - 2,800 psf

Rental Price **

Average
S$ 6.1 psf pm
Range
S$ 6.1 - 6.1 psf pm

Rental Yield **

2.8%

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

Amenities

2.9
2.9

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
No Data
Description
Meyerhouse is a freehold condominium completed in 2022. It is developed by SECURE VENTURE DEVELOPMENT (NO.1) PTE LTD. The development occupies a land area of 10,185 sqm and a Gross Floor Area of 14,241 sqm. It consists of 56 units. According to records, buyers of this development are Singaporean 50.0%, PR 15.2%, Foreigner 34.8%, Company 0.0%.

MEYERHOUSE is located along Meyer Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Amber TE25 and Katong Park TE24. The nearest schools are CHUNG CHENG HIGH SCHOOL (MAIN) and TANJONG KATONG PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 2,389 psf to S$ 2,800 psf at an average of S$ 2,591 psf. Its highest recorded transaction was S$ 2,800 psf in Nov 2021 for a 2,110-sqft unit. Its lowest recorded transaction was S$ 2,351 psf in Mar 2020 for a 3,240-sqft unit. Its current rental yield is at 2.8%.

Other nearby amenities include: 3 Childcare Centre(s): BLOSSOM GLITTERING CAMPUS PTE. LTD., OXFORD EDUCARE PTE LTD, BRIGHTON MONTESSORI CENTRES PTE. LTD., and 3 Grocerie(s): CHEE MIN KUAN, SIMON, JMD RETAIL PTE. LTD., FOODIE MARKET PLACE PTE. LTD., and 2 Kindergarten(s): MFC Kindergarten (Broadrick Road), Etonhouse International Research Preschool.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"Great location right beside the park. Easily accessible via public transport."
S*** Y
Google Review     |   15 Jun 2022
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Floor Plans
No Data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
3BR
Area
1862 - 3079 sqft
No. of Units
10
Bedroom Type
4BR
Area
2820 - 5683 sqft
No. of Units
33
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
13

Sales Transaction of MEYERHOUSE (Limited to 10)

Unit Search
#
There are 36 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

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of MEYERHOUSE
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

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 (%)
2900 to 3000
18,000
1
7,720,813
4
2.8
>3000
21,500
2
8,065,585
4
3.2
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
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2022
Jalan Tembusu
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1302
Number of BIDS
8
Land ($M)
768
Construction ($M)
194.5
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
115.5
Marketing / Others ($M)
68.7
Estimated Total Cost ($M)
1,213.96
Estimated Breakeven ($psf ppr)
2,059

Listings

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thumb-images
8
$7,300,000
  • 44% Sales Volume

  • 4 beds
  • 5 baths
  • 2.4 Below Valuation
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,590 psf
  • 2,820 sqft
  • Meyer Road
Susan LAM
send_enquiry
thumb-images
4
$5,291,000
  • 44% Sales Volume

  • 3 beds
  • 3 baths
  • 5.3 Below Valuation
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,820 psf
  • 128 Meyer Road
Jean Chua Siew Chin
send_enquiry
thumb-images
11
View to Offer
  • 44% Sales Volume

  • 4 beds
  • 4 baths
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,590 psf
  • 128 Meyer Road
PK Soh
send_enquiry
thumb-images
4
$7,300,000
  • 44% Sales Volume

  • 4 beds
  • 4 baths
  • 1.2 Below Valuation
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,590 psf
  • 128 Meyer Road
Justin Lim
send_enquiry
thumb-images
4
$8,480,000
  • 44% Sales Volume

  • 4 beds
  • 5 baths
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,620 psf
  • 128 Meyer Road
Justin Lim
send_enquiry
thumb-images
11
$8,300,000
  • 44% Sales Volume

  • 4 beds
  • 5 baths
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,560 psf
  • 128 Meyer Road
Evonne J.Y. Yeo
send_enquiry
thumb-images
11
$7,300,000
  • 44% Sales Volume

  • 4 beds
  • 5 baths
  • 1.2 Below Valuation
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,590 psf
  • 128 Meyer Road
Michelle Guo
send_enquiry
thumb-images
11
View to Offer
  • 44% Sales Volume

  • 4 beds
  • 5 baths
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,590 psf
  • 128 Meyer Road
Anna Tan
send_enquiry
thumb-images
11
View to Offer
  • 44% Sales Volume

  • 4 beds
  • 4 baths
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,480 psf
  • 128 Meyer Road
Patrick See Kok Yew
send_enquiry
thumb-images
53
$8,355,000
  • 44% Sales Volume

  • 4 beds
  • 5 baths
  • Condominium
  • D15
  • 2022
  • Freehold
  • S$ 2,580 psf
  • 128 Meyer Road
WILLY LIM
send_enquiry

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FAQs about MEYERHOUSE

What is the nearest MRT Station to MEYERHOUSE ?
The nearest MRT Station from MEYERHOUSE is Amber TE25 MRT