We track 53 sales and 355 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE MEYERISE dashboard.
- Average sale price: $3,066,221 across 53 transactions
- Estimated gross rental yield: 2.6%
- District 15 PSF ranking: Premium tier (top 6%)
- Freehold tenure · RCR · D15 · 239 units
About THE MEYERISE
THE MEYERISE 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 LIMITED, comprising 239 residential units, completed in 2016.
As a freehold property, THE MEYERISE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE MEYERISE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 16 | $2,346 psf | $2,055,313 |
| 3 BR | 28 | $2,421 psf | $3,134,596 |
| 4 BR | 1 | $2,764 psf | $5,028,000 |
| 5+ BR | 8 | $2,246 psf | $4,603,500 |
Sales Market Overview
THE MEYERISE has recorded 53 sale transactions with an average transaction price of $3,066,221, ranging from $1,620,000 to $5,200,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 14 | $2,180 psf | $3,009,214 | — |
| 2022 | 11 | $2,279 psf | $2,777,182 | ↑ 4.5% |
| 2023 | 8 | $2,361 psf | $3,312,375 | ↑ 3.6% |
| 2024 | 9 | $2,449 psf | $3,284,854 | ↑ 3.7% |
| 2025 | 7 | $2,640 psf | $2,932,571 | ↑ 7.8% |
| 2026 | 4 | $2,762 psf | $3,310,250 | ↑ 4.6% |
THE MEYERISE ranks in the top 6% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, THE MEYERISE trades 16% above the segment benchmark.
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Rental Market Overview
THE MEYERISE has recorded 355 rental transactions with monthly rents averaging $6,563/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 86 | $4,499/mo | $3,200/mo | $6,000/mo |
| 3 BR | 178 | $6,294/mo | $4,100/mo | $9,500/mo |
| 4 BR | 91 | $9,038/mo | $4,500/mo | $13,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 64 | $5,020/mo |
| 2022 | 78 | $6,252/mo |
| 2023 | 60 | $7,206/mo |
| 2024 | 66 | $7,026/mo |
| 2025 | 68 | $7,017/mo |
| 2026 | 19 | $7,767/mo |
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Investment Analysis
Based on average rents and sale prices, THE MEYERISE delivers an estimated gross rental yield of 2.6%. 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 MEYERISE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE MEYERISE
- Tanjong Katong MRT
- Katong Park MRT
- Dakota MRT
- Tanjong Katong Primary School
- Tao Nan School
- CHIJ (Katong) Primary
Nearby MRT Stations
THE MEYERISE is 820m from Tanjong Katong MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 820m |
| Katong Park | TE24 | Thomson-East Coast Line | 870m |
| Dakota | CC8 | Circle Line | 1.4 km |
Nearby Schools
There are 11 schools within 2 km of THE MEYERISE.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.2 km |
| Tao Nan School | Primary | 1.3 km |
| CHIJ (Katong) Primary | Primary | 1.3 km |
| Broadrick Secondary School | Secondary | 1.5 km |
| EtonHouse International School (Broadrick) | International | 1.5 km |
| Haig Girls' School | Primary | 1.5 km |
| Canadian International School (Tanjong Katong) | International | 1.5 km |
| Tanjong Katong Girls' School | Secondary | 1.6 km |
| One World International School (Mountbatten) | International | 1.7 km |
| Geylang Methodist School (Secondary) | Secondary | 1.8 km |
| Geylang Methodist School (Primary) | Primary | 1.9 km |
FAQ
What is the average price for THE MEYERISE?
What is the rental yield for THE MEYERISE?
Is THE MEYERISE 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: 53 transactions analysed
- Rental data: 355 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 MEYERISE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.