Meyerhouse
Details
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*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
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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.
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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Floor Plans
No Data
Size Distribution
Source: URA, https://www.edgeprop.sg
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Source: URA, https://www.edgeprop.sg
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)
Source: URA, https://www.edgeprop.sg
Unit Search
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ALL SALES TRANSACTION (0)
PROFITABLE SALES (0)
UNPROFITABLE SALES (0)
ALL ABORTED TRANSACTION (0)
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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
Rental Transactions of MEYERHOUSE
Source: URA, https://www.edgeprop.sg
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Rental Trends
Source: URA, https://www.edgeprop.sg
Average Rental Yield Analysis
Source: URA, https://www.edgeprop.sg
*Based on transactions and rents in the past 6 months.
Historical Quarterly Rental
Source: URA, https://www.edgeprop.sg
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.
Source: URA, https://www.edgeprop.sg
Graph Data
Table Data
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Nearby Land Sales
Status | Street Name | Location | Land Attributes | Estimated 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 |
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