Mera Terrace

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,762 psf
Range
S$ 1,290 - 2,044 psf

Rental Price **

Average
S$ 2.5 psf pm
Range
S$ 2.1 - 3.4 psf pm

Rental Yield **

1.7%

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

Amenities

2.8
2.8

Convenience

3.7
3.7

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
1 Facilities Available
Playground
Playground
Description
Mera Terrace is a freehold terrace house. The development occupies a land area of 150 sqm. It consists of 124 units. According to records, buyers of this development are Singaporean 91.9%, PR 4.7%, Foreigner 0.0%, Company 0.0%.

MERA TERRACE is located along Seagull Walk in Tampines, in District 16. It is accessible through the nearest MRTs including Upper Changi DT34 and Simei EW3. The nearest schools are EAST SPRING PRIMARY SCHOOL and EAST SPRING SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,290 psf to S$ 2,044 psf at an average of S$ 1,762 psf. Its highest recorded transaction was S$ 2,044 psf in Oct 2021 for a 1,615-sqft unit. Its lowest recorded transaction was S$ 386 psf in Apr 1998 for a 4,349-sqft unit. Its current rental yield is at 1.7%.

Other nearby amenities include: 3 Childcare Centre(s): BLOOM EDUCARE PTE LTD, SAFARI HOUSE PRESCHOOL TAMPINES, CHANGI BETHANY SCHOOL-HOUSE, and 3 Kindergarten(s): Paper Scissors Stone Montessori Kindergarten, PCF SPARKLETOTS PRESCHOOL @ TAMPINES-CHANGKAT Blk 358 (KN), Creative Twinkles Preschool.

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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"Bus to JB from here"
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Google Review     |   23 Dec 2017
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Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data

Sales Transaction of MERA TERRACE (Limited to 10)

There are 136 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Address
Price(S$ psf)
Price (S$)
Property Type
Tenure
Type of Sale
Area(sqft)
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 MERA TERRACE
There are 61 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 (%)
1500 to 2000
3,900
1
-
-
-
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

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Listings

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11
$4,700,000

    • 4 beds
    • 5 baths
    • Corner Terrace
    • D16
    • Freehold
    • S$ 2,190 psf
    • Seagull Walk
    Ram (RAMALINGAM) Muthusamy
    send_enquiry

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