We track 10 sales and 61 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MEIER SUITES dashboard.
- Average sale price: $4,266,600 across 10 transactions
- Estimated gross rental yield: 2.5%
- District 15 PSF ranking: Premium tier (top 21%)
- Freehold tenure · RCR · D15 · 55 units
About MEIER SUITES
MEIER SUITES is a freehold condominium, located at MARGATE ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by SB (MEYER) DEVELOPMENT PTE LTD, comprising 55 residential units, completed in 2012.
As a freehold property, MEIER SUITES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MEIER SUITES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 2 | $1,942 psf | $3,490,000 |
| 5+ BR | 8 | $1,837 psf | $4,460,750 |
Sales Market Overview
MEIER SUITES has recorded 10 sale transactions with an average transaction price of $4,266,600, ranging from $3,180,000 to $6,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 4 | $1,697 psf | $3,582,000 | — |
| 2023 | 2 | $1,745 psf | $5,425,000 | ↑ 2.8% |
| 2024 | 2 | $2,036 psf | $4,514,000 | ↑ 16.7% |
| 2025 | 2 | $2,113 psf | $4,230,000 | ↑ 3.8% |
MEIER SUITES ranks in the top 21% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, MEIER SUITES trades 9.4% below the segment benchmark.
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Rental Market Overview
MEIER SUITES has recorded 61 rental transactions with monthly rents averaging $9,037/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 12 | $7,330/mo | $5,000/mo | $11,500/mo |
| 4 BR | 49 | $9,455/mo | $6,500/mo | $18,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 13 | $7,131/mo |
| 2022 | 10 | $8,720/mo |
| 2023 | 13 | $9,349/mo |
| 2024 | 10 | $10,745/mo |
| 2025 | 12 | $9,133/mo |
| 2026 | 3 | $10,917/mo |
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Investment Analysis
Based on average rents and sale prices, MEIER SUITES delivers an estimated gross rental yield of 2.5%. 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 MEIER SUITES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MEIER SUITES
- Katong Park MRT
- Tanjong Katong MRT
- Mountbatten MRT
- Dakota MRT
- Tanjong Katong Primary School
- One World International School (Mountbatten)
- Tao Nan School
Nearby MRT Stations
MEIER SUITES is 430m 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 | 430m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 850m |
| Mountbatten | CC7 | Circle Line | 1.0 km |
| Dakota | CC8 | Circle Line | 1.1 km |
Nearby Schools
There are 12 schools within 2 km of MEIER SUITES.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.3 km |
| One World International School (Mountbatten) | International | 1.3 km |
| Tao Nan School | Primary | 1.4 km |
| Haig Girls' School | Primary | 1.5 km |
| Geylang Methodist School (Secondary) | Secondary | 1.5 km |
| Geylang Methodist School (Primary) | Primary | 1.6 km |
| CHIJ (Katong) Primary | Primary | 1.6 km |
| Broadrick Secondary School | Secondary | 1.7 km |
| EtonHouse International School (Broadrick) | International | 1.7 km |
| Canadian International School (Tanjong Katong) | International | 1.7 km |
| Tanjong Katong Girls' School | Secondary | 1.8 km |
| Kong Hwa School | Primary | 1.8 km |
FAQ
What is the average price for MEIER SUITES?
What is the rental yield for MEIER SUITES?
Is MEIER SUITES 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: 10 transactions analysed
- Rental data: 61 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 MEIER SUITES
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