Mera East

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 2
 0

Sale Price *

Average
S$ 1,261 psf
Range
S$ 1,261 - 1,261 psf

Rental Price **

Average
S$ 3.9 psf pm
Range
S$ 3.0 - 4.4 psf pm

Rental Yield **

3.7%

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

*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
Mera East is a freehold apartment completed in 2007. It is developed by MCL LAND (SERANGOON) PTE LTD. The development occupies a land area of 2,703 sqm and a Gross Floor Area of 3,784 sqm. It consists of 52 units. According to records, buyers of this development are Singaporean 81.5%, PR 10.2%, Foreigner 8.3%, Company 0.0%.

MERA EAST is located along Changi Road in Bedok, in District 14. It is accessible through the nearest MRTs including Kembangan EW6 and Eunos EW7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,261 psf to S$ 1,261 psf at an average of S$ 1,261 psf. Its highest recorded transaction was S$ 1,265 psf in Mar 2022 for a 1,281-sqft unit. Its lowest recorded transaction was S$ 402 psf in Mar 2004 for a 2,185-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): MOHAMAD DAMAR HULAN BIN OSMAN, NTUC FAIRPRICE CO-OPERATIVE LTD, THE ALASKA GUYS PTE. LTD., and 1 Shopping Mall: KEMBANGAN PLAZA.

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

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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5
"Beautiful condo, nice facilities and friendly neighbours. Lots of great food in the area too!"
C****** P*****
Google Review     |   08 May 2019
3
"not so old residential area"
A***** H
Google Review     |   27 Apr 2019
5
"Good"
M****** I*********
Google Review     |   17 May 2018
4
"Great condominium with nice and cozy 3 BHK apartments. It has five storeys, comes with an elevator and is wheelchair accessible. The condo has a decently sized gym and a swimming pool. It has two gates for entrance. Although the address says 338 Changi Road, it is easier to access through the entrance on Lor 110 Changi Road, which is guarded in the day time. The guard at the gate is very rude."
S***** N****
Google Review     |   04 May 2018
3
"One way 4 lanes traffic with not enough traffic lights for pedestrians to cross"
L**** H***
Google Review     |   02 Nov 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
Eat & ShopEat & Shop
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Floor Plans
336
1
1

MERA EAST - 336 - 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 MERA EAST (Limited to 10)

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Source

Asking Price of MERA EAST

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

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 EAST

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

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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