We track 4 sales and 45 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the LA MEYER dashboard.
- Average sale price: $2,343,750 across 4 transactions
- Estimated gross rental yield: 2.3%
- District 15 PSF ranking: Above average (top 29%)
- Freehold tenure · RCR · D15 · 30 units
About LA MEYER
LA MEYER is a freehold condominium, located at MEYER ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by CONTECH-MEYER DEVELOPMENT PTE LTD, comprising 30 residential units, completed in 1994.
As a freehold property, LA MEYER does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at LA MEYER:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 2 | $1,787 psf | $2,172,500 |
| 4 BR | 2 | $1,677 psf | $2,515,000 |
Sales Market Overview
LA MEYER has recorded 4 sale transactions with an average transaction price of $2,343,750, ranging from $2,080,000 to $2,580,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 1 | $1,538 psf | $2,450,000 | — |
| 2023 | 1 | $1,816 psf | $2,580,000 | ↑ 18.1% |
| 2024 | 2 | $1,787 psf | $2,172,500 | ↓ 1.6% |
LA MEYER ranks in the top 29% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, LA MEYER trades 15.5% below the segment benchmark.
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Rental Market Overview
LA MEYER has recorded 45 rental transactions with monthly rents averaging $4,537/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 45 | $4,537/mo | $2,800/mo | $6,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 6 | $3,267/mo |
| 2022 | 10 | $4,005/mo |
| 2023 | 10 | $4,970/mo |
| 2024 | 9 | $5,167/mo |
| 2025 | 8 | $4,913/mo |
| 2026 | 2 | $4,500/mo |
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Investment Analysis
Based on average rents and sale prices, LA MEYER delivers an estimated gross rental yield of 2.3%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows LA MEYER (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- LA MEYER
- Katong Park MRT
- Tanjong Katong MRT
- Dakota MRT
- Mountbatten MRT
- Tanjong Katong Primary School
- Tao Nan School
- One World International School (Mountbatten)
Nearby MRT Stations
LA MEYER is 530m from Katong Park MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Katong Park | TE24 | Thomson-East Coast Line | 530m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 860m |
| Dakota | CC8 | Circle Line | 1.2 km |
| Mountbatten | CC7 | Circle Line | 1.2 km |
Nearby Schools
There are 12 schools within 2 km of LA MEYER.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.3 km |
| Tao Nan School | Primary | 1.4 km |
| One World International School (Mountbatten) | International | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
| Haig Girls' School | Primary | 1.6 km |
| Broadrick Secondary School | Secondary | 1.6 km |
| EtonHouse International School (Broadrick) | International | 1.6 km |
| Geylang Methodist School (Secondary) | Secondary | 1.7 km |
| Geylang Methodist School (Primary) | Primary | 1.7 km |
| Canadian International School (Tanjong Katong) | International | 1.7 km |
| Tanjong Katong Girls' School | Secondary | 1.8 km |
| Kong Hwa School | Primary | 1.9 km |
FAQ
What is the average price for LA MEYER?
What is the rental yield for LA MEYER?
Is LA MEYER freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 4 transactions analysed
- Rental data: 45 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for LA MEYER
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.