We track 60 sales and 491 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the OPTIMA @ TANAH MERAH dashboard.
- Average sale price: $1,468,939 across 60 transactions
- Estimated gross rental yield: 3.1%
- District 16 PSF ranking: Above average (top 50%)
- 99 yrs lease commencing from 2008 · OCR · D16 · 297 units
About OPTIMA @ TANAH MERAH
OPTIMA @ TANAH MERAH is a 99 yrs lease commencing from 2008 condominium, located at TANAH MERAH KECHIL AVENUE in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) (Outside Central Region), developed by TID PTE LTD, comprising 297 residential units, completed in 2012.
With approximately 81 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at OPTIMA @ TANAH MERAH:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $1,442 psf | $698,333 |
| 1 BR | 4 | $1,403 psf | $913,500 |
| 2 BR | 21 | $1,408 psf | $1,215,286 |
| 3 BR | 23 | $1,429 psf | $1,625,494 |
| 4 BR | 8 | $1,302 psf | $1,985,000 |
| 5+ BR | 1 | $1,216 psf | $3,600,000 |
Sales Market Overview
OPTIMA @ TANAH MERAH has recorded 60 sale transactions with an average transaction price of $1,468,939, ranging from $660,000 to $3,600,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 11 | $1,227 psf | $1,271,909 | — |
| 2022 | 9 | $1,368 psf | $1,245,385 | ↑ 11.5% |
| 2023 | 16 | $1,428 psf | $1,419,868 | ↑ 4.4% |
| 2024 | 11 | $1,466 psf | $1,484,909 | ↑ 2.7% |
| 2025 | 9 | $1,431 psf | $1,946,667 | ↓ 2.4% |
| 2026 | 4 | $1,587 psf | $1,591,250 | ↑ 10.9% |
OPTIMA @ TANAH MERAH ranks in the top 50% of condos in District 16 by average PSF.
Compared to the OCR average of $1,550 psf, OPTIMA @ TANAH MERAH trades 9.7% below the segment benchmark.
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Rental Market Overview
OPTIMA @ TANAH MERAH has recorded 491 rental transactions with monthly rents averaging $3,782/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 92 | $2,629/mo | $1,950/mo | $3,300/mo |
| 2 BR | 283 | $3,645/mo | $2,500/mo | $5,000/mo |
| 3 BR | 98 | $4,843/mo | $3,200/mo | $7,000/mo |
| 4 BR | 18 | $6,048/mo | $4,400/mo | $8,450/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 92 | $3,036/mo |
| 2022 | 105 | $3,503/mo |
| 2023 | 86 | $4,330/mo |
| 2024 | 91 | $4,009/mo |
| 2025 | 94 | $4,075/mo |
| 2026 | 23 | $3,896/mo |
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Investment Analysis
Based on average rents and sale prices, OPTIMA @ TANAH MERAH delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 16
Side-by-side comparison against the most actively traded condos in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | — | $2,551 psf | 549 |
| VELA BAY | 99 years leasehold | — | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | 268 | $2,084 psf | 269 |
| THE BAYSHORE | 99-year leasehold | 1038 | $1,234 psf | 247 |
| THE GLADES | 99 yrs lease commencing from 2013 | 726 | $1,613 psf | 226 |
Location Map
Map shows OPTIMA @ TANAH MERAH (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- OPTIMA @ TANAH MERAH
- Tanah Merah MRT
- Sungei Bedok MRT
- Bedok South MRT
- Fengshan Primary School
- Bedok Green Primary School
- Bedok North Secondary School
Nearby MRT Stations
OPTIMA @ TANAH MERAH is 130m from Tanah Merah MRT (East-West Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanah Merah | EW4 | East-West Line | 130m |
| Sungei Bedok | TE31 | Thomson-East Coast Line | 900m |
| Bedok South | TE30 | Thomson-East Coast Line | 1.2 km |
Nearby Schools
There are 12 schools within 2 km of OPTIMA @ TANAH MERAH, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Fengshan Primary School | Primary | 330m |
| Bedok Green Primary School | Primary | 350m |
| Bedok North Secondary School | Secondary | 460m |
| Ping Yi Secondary School | Secondary | 460m |
| Bedok View Secondary School | Secondary | 590m |
| Casuarina Primary School | Primary | 680m |
| Yu Neng Primary School | Primary | 720m |
| Opera Estate Primary School | Primary | 1.1 km |
| Bedok South Secondary School | Secondary | 1.2 km |
| Park View Primary School | Primary | 1.2 km |
| Dunman High School | Secondary | 1.7 km |
| Dunman High School (JC) | Jc | 1.7 km |
FAQ
What is the average price for OPTIMA @ TANAH MERAH?
What is the rental yield for OPTIMA @ TANAH MERAH?
Is OPTIMA @ TANAH MERAH 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: 60 transactions analysed
- Rental data: 491 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 OPTIMA @ TANAH MERAH
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