CASA MERAH Review

Condo Review 5 min read Terakhir disemak
District 16 · 99 yrs lease commencing from 2006 · Completed 2009
~$1,514Avg PSF (12-month)
556Total units
Category Ratings
Walkability
5.8
Investment
6.8
En-Bloc Potential
3.1
ShiokNest Score
4.7

Overview & Key Facts

CASA MERAH is a 99 yrs lease commencing from 2006 condominium at TANAH MERAH KECHIL AVENUE in District 16 (OCR), developed by NTUC CHOICE HOMES, WING TAI HOLDINGS, comprising 556 units, completed in 2009.

Developer
NTUC CHOICE HOMES, WING TAI HOLDINGS
Tenure
99 yrs lease commencing from 2006
Total units
556
TOP year
2009
District
16 — OCR
Street
TANAH MERAH KECHIL AVENUE
Lease remaining
~79 years (of 99)

Location & Connectivity

CASA MERAH is approximately 190m from Tanah Merah MRT station, with 3 stations within 1.5 km.

MRT stations near CASA MERAH
StationLineDistance
Tanah MerahEast-West Line190m
Sungei BedokThomson-East Coast Line970m
Bedok SouthThomson-East Coast Line1.2 km

Schools & Education

15 schools within 2 km (7 within 1 km priority zone).

Schools near CASA MERAH
SchoolTypeDistance
Fengshan Primary SchoolPrimary390m
Bedok Green Primary SchoolPrimary410m
Bedok North Secondary SchoolSecondary420m
Ping Yi Secondary SchoolSecondary500m
Casuarina Primary SchoolPrimary610m
Bedok View Secondary SchoolSecondary660m
Yu Neng Primary SchoolPrimary770m
Opera Estate Primary SchoolPrimary1.1 km

Unit Mix & Pricing

Unit mix for CASA MERAH
TypeSalesAvg PSFAvg Price
2 BR21$1,281 psf$1,213,789
3 BR79$1,392 psf$1,673,088
4 BR22$1,290 psf$1,935,677
5+ BR3$1,201 psf$2,541,000

Market Position

CASA MERAH has recorded 125 sales at an average price of $1,662,971.

CASA MERAH sits at the 42nd percentile of District 16 condo PSF.
$1,514 psf
Avg PSF (12mo)
$1,662,971
Avg Price
3.3%
Gross Yield
125
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at CASA MERAH typically rent harder per dollar of purchase price:

Per-bedroom gross yield at CASA MERAH
TypeAvg RentAvg PriceGross Yield
2 BR$3,685/mo$1,213,7893.64%
3 BR$4,705/mo$1,673,0883.37%
4 BR$5,893/mo$1,935,6773.65%

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Price Appreciation

PSF trend for CASA MERAH
YearSalesAvg PSFYoY
202120$1,148 psf
202232$1,237 psf↑ 7.8%
202316$1,379 psf↑ 11.5%
202423$1,427 psf↑ 3.5%
202520$1,500 psf↑ 5.2%
202614$1,533 psf↑ 2.2%

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CASA MERAH prices sit at a fresh series high after a 2.2% gain on the prior period, now 33.6% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 16 competitors
CondoTenureAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf551
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021$2,085 psf270
THE BAYSHORE99-year leasehold$1,237 psf251
THE GLADES99 yrs lease commencing from 2013$1,615 psf230

Lease Analysis

With 79 years remaining on its 99-year lease, CASA MERAH still qualifies for full bank financing and CPF usage.

Who This Actually Suits

The profile fits families with young children, mrt-walkable commuters, yield-focused investors and cpf-only buyers best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

CASA MERAH is a 99 yrs lease commencing from 2006 development in District 16 (OCR), with 556 units, offering a gross yield of 3.3%.

At ~$1,514 psf, it represents a competitive entry point in the OCR segment.

Explore the full CASA MERAH dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CASA MERAH against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (420m away), an upgrader gap of about $1,000,000
  • Tampines — 4-room average $683,199 (1.1 km away), an upgrader gap of about $1,000,000

FAQ

What is the average PSF for CASA MERAH?
The 12-month average is approximately $1,514 psf.
Is CASA MERAH freehold?
CASA MERAH has a 99 yrs lease commencing from 2006 tenure with ~79 years remaining.
What is the rental yield for CASA MERAH?
The estimated gross yield is 3.3%.
Which MRT is nearest to CASA MERAH?
The nearest is Tanah Merah MRT at 190m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 125 transactions
  • Rental data: 628 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 125 records analysed · Source: URA private-sale caveats

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