We track 88 sales and 671 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE MAKENA dashboard.
- Average sale price: $2,662,154 across 88 transactions
- Estimated gross rental yield: 2.4%
- District 15 PSF ranking: Premium tier (top 19%)
- Freehold tenure · RCR · D15 · 504 units
About THE MAKENA
THE MAKENA is a freehold condominium, located at MEYER ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD, comprising 504 residential units, completed in 1998.
As a freehold property, THE MAKENA does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE MAKENA:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 8 | $1,963 psf | $1,817,250 |
| 3 BR | 29 | $1,887 psf | $2,261,854 |
| 4 BR | 50 | $1,841 psf | $2,942,756 |
| 5+ BR | 1 | $2,220 psf | $7,000,000 |
Sales Market Overview
THE MAKENA has recorded 88 sale transactions with an average transaction price of $2,662,154, ranging from $1,560,000 to $7,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 23 | $1,628 psf | $2,231,652 | — |
| 2022 | 17 | $1,791 psf | $2,527,706 | ↑ 10.0% |
| 2023 | 14 | $1,841 psf | $2,762,429 | ↑ 2.8% |
| 2024 | 13 | $1,964 psf | $2,971,285 | ↑ 6.7% |
| 2025 | 18 | $2,146 psf | $2,924,549 | ↑ 9.3% |
| 2026 | 3 | $2,297 psf | $3,342,667 | ↑ 7.0% |
THE MAKENA ranks in the top 19% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, THE MAKENA trades 8.7% below the segment benchmark.
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Rental Market Overview
THE MAKENA has recorded 671 rental transactions with monthly rents averaging $5,299/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 1 | $3,100/mo | $3,100/mo | $3,100/mo |
| 1 BR | 4 | $3,650/mo | $3,300/mo | $4,000/mo |
| 2 BR | 43 | $3,662/mo | $2,500/mo | $5,200/mo |
| 3 BR | 623 | $5,426/mo | $2,900/mo | $10,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 120 | $4,013/mo |
| 2022 | 133 | $4,987/mo |
| 2023 | 126 | $5,756/mo |
| 2024 | 124 | $5,713/mo |
| 2025 | 131 | $5,766/mo |
| 2026 | 37 | $5,992/mo |
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Investment Analysis
Based on average rents and sale prices, THE MAKENA 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 THE MAKENA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE MAKENA
- Tanjong Katong MRT
- Katong Park MRT
- Dakota MRT
- Marine Parade MRT
- Tanjong Katong Primary School
- CHIJ (Katong) Primary
- Tao Nan School
Nearby MRT Stations
THE MAKENA is 720m from Tanjong Katong MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 720m |
| Katong Park | TE24 | Thomson-East Coast Line | 1.1 km |
| Dakota | CC8 | Circle Line | 1.4 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.4 km |
Nearby Schools
There are 12 schools within 2 km of THE MAKENA.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.0 km |
| CHIJ (Katong) Primary | Primary | 1.1 km |
| Tao Nan School | Primary | 1.2 km |
| Broadrick Secondary School | Secondary | 1.3 km |
| EtonHouse International School (Broadrick) | International | 1.3 km |
| Canadian International School (Tanjong Katong) | International | 1.4 km |
| Haig Girls' School | Primary | 1.4 km |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| One World International School (Mountbatten) | International | 1.8 km |
| Geylang Methodist School (Secondary) | Secondary | 1.8 km |
| Geylang Methodist School (Primary) | Primary | 1.9 km |
| Kong Hwa School | Primary | 2.0 km |
FAQ
What is the average price for THE MAKENA?
What is the rental yield for THE MAKENA?
Is THE MAKENA 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: 88 transactions analysed
- Rental data: 671 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 THE MAKENA
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.