We track 13 sales and 70 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MEYER RESIDENCE dashboard.
- Average sale price: $2,241,523 across 13 transactions
- Estimated gross rental yield: 2.4%
- District 15 PSF ranking: Premium tier (top 12%)
- Freehold tenure · RCR · D15 · 68 units
About MEYER RESIDENCE
MEYER RESIDENCE is a freehold condominium, located at MEYER PLACE in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by MEYER DEVELOPMENT PTE LTD, comprising 68 residential units, completed in 2009.
As a freehold property, MEYER RESIDENCE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MEYER RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 4 | $2,057 psf | $1,859,500 |
| 3 BR | 9 | $2,113 psf | $2,411,311 |
Sales Market Overview
MEYER RESIDENCE has recorded 13 sale transactions with an average transaction price of $2,241,523, ranging from $1,720,000 to $2,670,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,898 psf | $2,026,667 | — |
| 2022 | 5 | $2,029 psf | $2,140,000 | ↑ 6.9% |
| 2024 | 1 | $2,301 psf | $2,451,800 | ↑ 13.4% |
| 2025 | 2 | $2,314 psf | $2,379,000 | ↑ 0.6% |
| 2026 | 2 | $2,236 psf | $2,575,000 | ↓ 3.4% |
MEYER RESIDENCE ranks in the top 12% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, MEYER RESIDENCE trades 2.3% above the segment benchmark.
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Rental Market Overview
MEYER RESIDENCE has recorded 70 rental transactions with monthly rents averaging $4,443/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 35 | $4,228/mo | $3,000/mo | $5,200/mo |
| 3 BR | 35 | $4,657/mo | $3,300/mo | $6,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 15 | $3,396/mo |
| 2022 | 12 | $4,046/mo |
| 2023 | 15 | $4,830/mo |
| 2024 | 10 | $5,120/mo |
| 2025 | 14 | $4,889/mo |
| 2026 | 4 | $4,850/mo |
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Investment Analysis
Based on average rents and sale prices, MEYER RESIDENCE delivers an estimated gross rental yield of 2.4%. 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 MEYER RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MEYER RESIDENCE
- Katong Park MRT
- Mountbatten MRT
- Tanjong Katong MRT
- Dakota MRT
- Stadium MRT
- One World International School (Mountbatten)
- Tanjong Katong Primary School
- Geylang Methodist School (Primary)
Nearby MRT Stations
MEYER RESIDENCE is 190m from Katong Park MRT (Thomson-East Coast Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Katong Park | TE24 | Thomson-East Coast Line | 190m |
| Mountbatten | CC7 | Circle Line | 920m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 1.1 km |
| Dakota | CC8 | Circle Line | 1.1 km |
| Stadium | CC6 | Circle Line | 1.3 km |
Nearby Schools
There are 12 schools within 2 km of MEYER RESIDENCE.
| School | Type | Distance |
|---|---|---|
| One World International School (Mountbatten) | International | 1.2 km |
| Tanjong Katong Primary School | Primary | 1.5 km |
| Geylang Methodist School (Primary) | Primary | 1.6 km |
| Geylang Methodist School (Secondary) | Secondary | 1.6 km |
| Tao Nan School | Primary | 1.7 km |
| Haig Girls' School | Primary | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.8 km |
| Kong Hwa School | Primary | 1.9 km |
| Broadrick Secondary School | Secondary | 1.9 km |
| EtonHouse International School (Broadrick) | International | 1.9 km |
| Canadian International School (Tanjong Katong) | International | 2.0 km |
| Tanjong Katong Girls' School | Secondary | 2.0 km |
FAQ
What is the average price for MEYER RESIDENCE?
What is the rental yield for MEYER RESIDENCE?
Is MEYER RESIDENCE 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: 13 transactions analysed
- Rental data: 70 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 MEYER RESIDENCE
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