Optima @ Tanah Merah

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,326 psf
Range
S$ 1,239 - 1,388 psf

Rental Price **

Average
S$ 4.0 psf pm
Range
S$ 2.0 - 7.3 psf pm

Rental Yield **

3.6%

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

Amenities

3.9
3.9

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
Description
Optima @ Tanah Merah is a leasehold (99 yrs from 2008) condominium, apartment completed in 2012. It is developed by TID PTE LTD and designed by ADDP ARCHITECTS . The development occupies a land area of 9,876 sqm and a Gross Floor Area of 27,651 sqm. It consists of 297 units. According to records, buyers of this development are Singaporean 80.8%, PR 12.1%, Foreigner 5.2%, Company 1.9%.

OPTIMA @ TANAH MERAH is located along Tanah Merah Kechil Avenue in Bedok, in District 16. It is accessible through the nearest MRTs including Tanah Merah EW4 and Bedok South TE30. The nearest schools are BEDOK SOUTH SECONDARY SCHOOL and BEDOK VIEW SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,239 psf to S$ 1,388 psf at an average of S$ 1,326 psf. Its highest recorded transaction was S$ 1,631 psf in Jan 2013 for a 484-sqft unit. Its lowest recorded transaction was S$ 586 psf in Aug 2009 for a 1,884-sqft unit. Its current rental yield is at 3.6%.

Other nearby amenities include: 3 Childcare Centre(s): JEET'S LITTLE LEARNERS (BEDOK) PTE. LTD., DISCOVERY KIDZ PRESCHOOL PTE. LTD., PCF SPARKLETOTS PRESCHOOL @ FENGSHAN BLK 76 (CC), and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): Chatsworth Kindergarten (Bedok), Ripples Montessori Kindergarten, PCF SPARKLETOTS PRESCHOOL @ SIGLAP Blk 170 (KN), and 2 Shopping Mall(s): BEDOK MARKET PLACE COMPLEX, BEDOK SHOPPING COMPLEX.

Buyers and tenants are attracted to District 16, which comprises of Bedok and Upper East Coast Road. Properties in this district contain a mixture of public and private housing estates with industrial areas. This district is served by the Bedok, Tanah Merah and Kembangan MRT stations on the East-West Line and the Bedok North MRT and Bedok Reservoir MRT stations of the Downtown Line. Bedok is one of the most highly populated planning areas in Singapore due to the affordable public housing in the town. It is a modern neighbourhood with easy accessibility to natural landmarks, such as the Bedok Reservoir. The Outdoor Play Corridor completed in 2018 will also link Bedok Reservoir to East Coast Park via dedicated cycling and pedestrian paths. Shopping and dining options are available at Bedok Mall, a major shopping mall in the heart of Bedok. It is connected to Bedok Integrated Transport Hub, which houses Bedok MRT station and bus interchange.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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4.6
"Nice environment and conveniently located. "
c**********o@msn.com
Viewer     |   30 Jul 2019
4
"Optima @ Tanah Merah. Likewise the name "Optima", the most favorable situation or level for growth, reproduction, or success. One of a very beautiful condominium which doorstep to MRT station and next to an upcoming mixed development with retail mall. Nice pool and pool deck, a clubhouse with equipped gymnasium and tennis court on the roof terrace. Optima is a good place to stay and also a tenant sought after project for your choice list of your investment portfolio."
E**** K***
Google Review     |   11 Jan 2022
1
"The Condo is not bad; however, if you are a muslim, you might consider not to rent here as I have seen all the ceremonies here in that condo (Diwali fest- Chines new year- Christmas and Muslims Hari Raia) in all of these festivals you will see the condo put some decoration for them except for the muslims Hari Raia which I did not like and even my children did not feel the Hari Raia Ceremony with respect to this codo"
I**** F****
Google Review     |   03 May 2022
4
"Nice condo. Very good use of the space; making the living room relatively spacious. Ideal and great location, thats just a few mins away from MRT."
S*********
Google Review     |   23 Jan 2022
5
"- Super convenient at MRT hub doorstep - Well maintained facilities and look new - Plenty of open spaces - Not crowded and serene environment within the condo - Good underground parking"
C*** W** L**
Google Review     |   23 Dec 2019
5
"This place is awesome. Enjoyed staying here. Pool was great for adults and kids. Gym was good. Very near to Metro station, 1km for shopping mall."
R********** K
Google Review     |   29 Sep 2017
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Floor Plans
78
1
1

OPTIMA @ TANAH MERAH - 78 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of OPTIMA @ TANAH MERAH (Limited to 10)

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Date
Area(sqft)
Bedrooms
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 OPTIMA @ TANAH MERAH
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 (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
11
View to Offer
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,450 psf
  • 78 Tanah Merah Kechil Avenue
Celine Tong
send_enquiry
thumb-images
10
$1,450,000
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,320 psf
  • 88 Tanah Merah Kechil Avenue
Penny Lim
send_enquiry
thumb-images
11
$950,000
  • 39% Rental Volume

  • 1 bed
  • 1 bath
  • 9.5 Below Valuation
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,190 psf
  • 78 Tanah Merah Kechil Avenue
Jean Lim
send_enquiry
thumb-images
11
$2,727,200
  • 39% Rental Volume

  • 3 beds
  • 3 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,400 psf
  • 86 Tanah Merah Kechil Avenue
Bill Singh
send_enquiry
thumb-images
10
$1,501,500
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,500 psf
  • 78 Tanah Merah Kechil Avenue
Sulwyn Ong
send_enquiry
thumb-images
11
$1,500,000
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,420 psf
  • 80 Tanah Merah Kechil Avenue
Chieh Shih Jessie Tan
send_enquiry
thumb-images
11
$1,400,000
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,280 psf
  • 80 Tanah Merah Kechil Avenue
Anne Seah
send_enquiry
thumb-images
11
View to Offer
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,370 psf
  • 84 Tanah Merah Kechil Avenue
Aileen Yeo
send_enquiry
thumb-images
11
$1,288,000
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D16
  • 2012
  • 99 years
  • S$ 1,500 psf
  • 86 Tanah Merah Kechil Avenue
Julia Low
send_enquiry
thumb-images
11
$1,100,000
  • 39% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D16
  • 2012
  • 99 years
  • S$ 1,570 psf
  • 86 Tanah Merah Kechil Avenue
Dan Soon
send_enquiry

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FAQs about OPTIMA @ TANAH MERAH

What is the nearest MRT Station to OPTIMA @ TANAH MERAH ?
The nearest MRT Station from OPTIMA @ TANAH MERAH is Tanah Merah EW4 MRT

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