La Meyer
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.
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.
Location & Connectivity
LA MEYER is approximately 530m from Katong Park MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Katong Park | Thomson-East Coast Line | 530m |
| Tanjong Katong | Thomson-East Coast Line | 860m |
| Dakota | Circle Line | 1.2 km |
| Mountbatten | Circle Line | 1.2 km |
Schools & Education
13 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.3 km |
| Tao Nan School | Primary | 1.4 km |
| One World International School (Mountbatten) | International | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
| Haig Girls' School | Primary | 1.6 km |
| Broadrick Secondary School | Secondary | 1.6 km |
| EtonHouse International School (Broadrick) | International | 1.6 km |
| Geylang Methodist School (Secondary) | Secondary | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 2 | $1,787 psf | $2,172,500 |
| 4 BR | 2 | $1,677 psf | $2,515,000 |
Market Position
LA MEYER has recorded 4 sales at an average price of $2,343,750.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2022 | 1 | $1,538 psf | — |
| 2023 | 1 | $1,816 psf | ↑ 18.1% |
| 2024 | 2 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
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.
Best suited for
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?
Is LA MEYER freehold?
What is the rental yield for LA MEYER?
Which MRT is nearest to LA MEYER?
Sources & Next Steps
- LA MEYER Dashboard — Live charts and analytics
- URA — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
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.
Latest recorded data point: Jul 2024 · 4 records analysed · Source: URA private-sale caveats