Meyer Residence

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 0
 0

Sale Price *

Average
S$ 2,171 psf
Range
S$ 2,171 - 2,171 psf

Rental Price **

Average
S$ 4.7 psf pm
Range
S$ 4.3 - 5.1 psf pm

Rental Yield **

2.6%

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

Amenities

2.6
2.6

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
Meyer Residence is a freehold apartment completed in 2009. It is developed by MEYER DEVELOPMENT PTE LTD and designed by HUAY ARCHITECTS. The development occupies a land area of 3,202 sqm and a Gross Floor Area of 6,727 sqm. It consists of 68 units. According to records, buyers of this development are Singaporean 84.9%, PR 9.4%, Foreigner 5.0%, Company 0.7%.

MEYER RESIDENCE is located along Meyer Place in Marine Parade, in District 15. It is accessible through the nearest MRTs including Katong Park TE24 and Mountbatten CC7.

Based on transaction data in the last 12 months, sale prices range from S$ 2,171 psf to S$ 2,171 psf at an average of S$ 2,171 psf. Its highest recorded transaction was S$ 2,171 psf in Jul 2022 for a 1,152-sqft unit. Its lowest recorded transaction was S$ 680 psf in Dec 2008 for a 1,152-sqft unit. Its current rental yield is at 2.6%.

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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4
"Nice place"
S** L**
Google Review     |   15 Jun 2022
1
"Alot of dust and noise from construction next door"
R** R**
Google Review     |   26 Jan 2021
1
"Meyer residence will be losing all of its currently unblocked sea view when one meyer comes up, next two years will be incessant construction noise from one meyer..."
E C
Google Review     |   18 Jan 2021
1
"There are two condos nearby en block which make a lot of noise and dust. Rats are easily spotted too. Once, there was no water supply for the entire building for whole day long. Furthermore, the management is not helpful to solve problems. One of the security guards acts very strangely and rudely. I don't recommend to stay at this condo."
J****** T**
Google Review     |   22 Sep 2019
4
"Nice environment, but has limited parking space."
E*** S**
Google Review     |   06 Feb 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

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Floor Plans
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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 MEYER RESIDENCE (Limited to 10)

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Source

Asking Price of MEYER RESIDENCE

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
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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 MEYER RESIDENCE

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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Listings

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10
$2,555,000

    • 3 beds
    • 3 baths
    • Apartment
    • D15
    • 2009
    • Freehold
    • S$ 2,400 psf
    • Meyer Place
    Kris Ng
    send_enquiry

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