La Meyer

D15 (OCR) Freehold

Located in District 15 (Joo Chiat, Amber Road, Katong), La Meyer is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 1994 and comprises 30 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 15 · Freehold · Completed 1994
Avg PSF (12-month)
30Total units
Category Ratings
Facilities
5.0
Unit size & layout
6.5
Value for money
5.5
Neighbourhood
8.5
MRT accessibility
8.5
Lease remaining
10.0

Overview & Key Facts

LA MEYER is a freehold condominium at MEYER ROAD in District 15 (RCR), developed by CONTECH-MEYER DEVELOPMENT PTE LTD, comprising 30 units, completed in 1994.

Developer
CONTECH-MEYER DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
30
TOP year
1994
District
15 — RCR
Street
MEYER ROAD

Location & Connectivity

LA MEYER is approximately 530m from Katong Park MRT station, with 4 stations within 1.5 km.

MRT stations near LA MEYER
StationLineDistance
Katong ParkThomson-East Coast Line530m
Tanjong KatongThomson-East Coast Line860m
DakotaCircle Line1.2 km
MountbattenCircle Line1.2 km

Schools & Education

13 schools within 2 km.

Schools near LA MEYER
SchoolTypeDistance
Tanjong Katong Primary SchoolPrimary1.3 km
Tao Nan SchoolPrimary1.4 km
One World International School (Mountbatten)International1.5 km
CHIJ (Katong) PrimaryPrimary1.5 km
Haig Girls' SchoolPrimary1.6 km
Broadrick Secondary SchoolSecondary1.6 km
EtonHouse International School (Broadrick)International1.6 km
Geylang Methodist School (Secondary)Secondary1.7 km

Unit Mix & Pricing

Unit mix for LA MEYER
TypeSalesAvg PSFAvg Price
3 BR2$1,787 psf$2,172,500
4 BR2$1,677 psf$2,515,000

Market Position

LA MEYER has recorded 4 sales at an average price of $2,343,750.

LA MEYER sits at the 70th percentile of District 15 condo PSF.
Avg PSF (12mo)
$2,343,750
Avg Price
2.3%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for LA MEYER
YearSalesAvg PSFChange
20221$1,538 psf
20231$1,816 psf↑ 18.1%
20242$1,787 psf↓ 1.6%

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LA MEYER prices are holding within 1.6% of the 2023 peak, 16.2% above the 2022 starting level.

Price Index Check

The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% 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 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf913
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf783
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf645
AMBER PARKFreehold$2,549 psf397

What Could Work Against You

  • Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 30 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
  • Completed in 1994, the development is over 32 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

This is a strong match for car-owning households, en-bloc speculators, freehold / generational hold and boutique low-density (<100 units). Parking and arterial road access matter more here than walking-distance MRT.

long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for families with young children and yield-focused investors — other options likely serve them better. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

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


Verdict

LA MEYER is a freehold development in District 15 (RCR), with 30 units, offering a gross yield of 2.3%.

Explore the full LA MEYER dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (670m away), an upgrader gap of about $1,450,000
  • Geylang — 4-room average $761,443 (1.1 km away), an upgrader gap of about $1,600,000
  • Marine Parade — 4-room average $648,065 (1.9 km away), an upgrader gap of about $1,700,000

FAQ

What is the average PSF for LA MEYER?
PSF data is not yet available.
Is LA MEYER freehold?
Yes, LA MEYER is a freehold property.
What is the rental yield for LA MEYER?
The estimated gross yield is 2.3%.
Which MRT is nearest to LA MEYER?
The nearest is Katong Park MRT at 530m.

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: 4 transactions
  • Rental data: 46 leases
  • Source: URA

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

Data as of July 2024

Latest recorded data point: Jul 2024 · 4 records analysed · Source: URA private-sale caveats