We track 1 sales and 48 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE MEYER PLACE dashboard.
- Average sale price: $2,550,000 across 1 transactions
- Estimated gross rental yield: 2.3%
- District 15 PSF ranking: Premium tier (top 20%)
- Freehold tenure · RCR · D15 · 24 units
About THE MEYER PLACE
THE MEYER PLACE is a freehold condominium, located at MEYER PLACE in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by NEST DEVELOPMENT PTE LTD, comprising 24 residential units, completed in 1993.
As a freehold property, THE MEYER PLACE does not face lease decay concerns.
Sales Market Overview
THE MEYER PLACE has recorded 1 sale transactions with an average transaction price of $2,550,000, ranging from $2,550,000 to $2,550,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2024 | 1 | $1,865 psf | $2,550,000 | — |
THE MEYER PLACE ranks in the top 20% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, THE MEYER PLACE trades 9% below the segment benchmark.
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Rental Market Overview
THE MEYER PLACE has recorded 48 rental transactions with monthly rents averaging $4,890/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 48 | $4,890/mo | $2,800/mo | $8,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 7 | $3,250/mo |
| 2022 | 8 | $4,375/mo |
| 2023 | 9 | $4,856/mo |
| 2024 | 10 | $5,660/mo |
| 2025 | 11 | $5,177/mo |
| 2026 | 3 | $6,567/mo |
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Investment Analysis
Based on average rents and sale prices, THE MEYER PLACE delivers an estimated gross rental yield of 2.3%. 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 MEYER PLACE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE MEYER PLACE
- 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
THE MEYER PLACE is 230m 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 | 230m |
| Mountbatten | CC7 | Circle Line | 970m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 1.0 km |
| Dakota | CC8 | Circle Line | 1.1 km |
| Stadium | CC6 | Circle Line | 1.4 km |
Nearby Schools
There are 12 schools within 2 km of THE MEYER PLACE.
| School | Type | Distance |
|---|---|---|
| One World International School (Mountbatten) | International | 1.3 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 | 1.6 km |
| Haig Girls' School | Primary | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.8 km |
| Broadrick Secondary School | Secondary | 1.8 km |
| EtonHouse International School (Broadrick) | International | 1.8 km |
| Kong Hwa School | Primary | 1.9 km |
| Canadian International School (Tanjong Katong) | International | 1.9 km |
| Tanjong Katong Girls' School | Secondary | 1.9 km |
FAQ
What is the average price for THE MEYER PLACE?
What is the rental yield for THE MEYER PLACE?
Is THE MEYER PLACE 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: 1 transactions analysed
- Rental data: 48 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 MEYER PLACE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.