We track 17 sales and 113 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MERA SPRINGS dashboard.
- Average sale price: $2,318,758 across 17 transactions
- Estimated gross rental yield: 2.5%
- District 8 PSF ranking: Premium tier (top 12%)
- Freehold tenure · RCR · D8 · 129 units
About MERA SPRINGS
MERA SPRINGS is a freehold condominium, located at CARLISLE ROAD in District 8 (Little India) (Rest of Central Region), developed by MCL LAND (PROPERTY MANAGEMENT) PTE LTD, comprising 129 residential units, completed in 2008.
As a freehold property, MERA SPRINGS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MERA SPRINGS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 15 | $1,819 psf | $2,245,259 |
| 4 BR | 2 | $1,852 psf | $2,870,000 |
Sales Market Overview
MERA SPRINGS has recorded 17 sale transactions with an average transaction price of $2,318,758, ranging from $1,620,000 to $2,900,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,571 psf | $1,879,333 | — |
| 2022 | 4 | $1,679 psf | $1,957,500 | ↑ 6.9% |
| 2023 | 5 | $1,903 psf | $2,650,000 | ↑ 13.4% |
| 2024 | 2 | $1,970 psf | $2,480,444 | ↑ 3.5% |
| 2025 | 1 | $2,090 psf | $2,700,000 | ↑ 6.1% |
| 2026 | 2 | $2,003 psf | $2,520,000 | ↓ 4.2% |
MERA SPRINGS ranks in the top 12% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, MERA SPRINGS trades 11.1% below the segment benchmark.
Loading chart data...
Rental Market Overview
MERA SPRINGS has recorded 113 rental transactions with monthly rents averaging $4,754/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 37 | $4,104/mo | $2,600/mo | $4,850/mo |
| 3 BR | 60 | $4,863/mo | $3,500/mo | $6,600/mo |
| 4 BR | 16 | $5,844/mo | $4,700/mo | $6,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 13 | $3,615/mo |
| 2022 | 32 | $4,338/mo |
| 2023 | 20 | $5,195/mo |
| 2024 | 19 | $5,226/mo |
| 2025 | 22 | $5,157/mo |
| 2026 | 7 | $4,957/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, MERA SPRINGS delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 8
Side-by-side comparison against the most actively traded condos in District 8 (Little India):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | 407 | $2,168 psf | 426 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | 600 | $1,767 psf | 133 |
| CITY SQUARE RESIDENCES | Freehold | 910 | $1,894 psf | 115 |
| STURDEE RESIDENCES | 99 yrs lease commencing from 2015 | 305 | $1,999 psf | 107 |
| KERRISDALE | 99 yrs lease commencing from 1998 | 481 | $1,398 psf | 91 |
Location Map
Map shows MERA SPRINGS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MERA SPRINGS
- Novena MRT
- Farrer Park MRT
- Newton MRT
- Newton MRT
- Little India MRT
- St. Margaret'
- St. Margaret'
- CHIJ Our Lady Queen of Peace
Nearby MRT Stations
MERA SPRINGS is 700m from Novena MRT (North-South Line), with 8 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 700m |
| Farrer Park | NE8 | North-East Line | 880m |
| Newton | NS21 | North-South Line | 960m |
| Newton | DT11 | Downtown Line | 960m |
| Little India | NE7 | North-East Line | 980m |
| Little India | DT12 | Downtown Line | 980m |
| Rochor | DT13 | Downtown Line | 1.4 km |
| Jalan Besar | DT22 | Downtown Line | 1.4 km |
Nearby Schools
There are 17 schools within 2 km of MERA SPRINGS, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| St. Margaret's Secondary School | Secondary | 320m |
| St. Margaret's Primary School | Primary | 390m |
| CHIJ Our Lady Queen of Peace | Primary | 510m |
| Farrer Park Primary School | Primary | 1.1 km |
| LASALLE College of the Arts | Tertiary | 1.1 km |
| Singapore Chinese Girls' School (Primary) | Primary | 1.2 km |
| ACS (Junior) | Primary | 1.2 km |
| Anglo-Chinese School (Primary) | Primary | 1.3 km |
| St. Joseph's Institution | Secondary | 1.5 km |
| St. Anthony's Primary School | Primary | 1.6 km |
| St. Andrew's Secondary School | Secondary | 1.7 km |
| St. Andrew's Junior College | Jc | 1.7 km |
FAQ
What is the average price for MERA SPRINGS?
What is the rental yield for MERA SPRINGS?
Is MERA SPRINGS 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: 17 transactions analysed
- Rental data: 113 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 MERA SPRINGS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.