Le Merritt
Le Merritt is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Outside Central Region (OCR). Completed in 2008, the development comprises 23 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
LE MERRITT
Over the 12 months to Jul 2024, Le Merritt recorded 5 rental contracts at a median $4,300/mo. Source: URA caveat data, as of Jul 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-24 | $1,708,000 | $1,725 psf | 990 sqft | 01 to 05 | 3BR |
| Jun-24 | $2,300,000 | $1,644 psf | 1,399 sqft | 01 to 05 | 4BR |
| Apr-24 | $1,590,000 | $1,679 psf | 947 sqft | 01 to 05 | 2BR |
| Feb-24 | $1,700,000 | $1,717 psf | 990 sqft | 01 to 05 | 3BR |
| May-22 | $1,421,000 | $1,435 psf | 990 sqft | 01 to 05 | 3BR |
| Mar-22 | $1,538,000 | $1,553 psf | 990 sqft | 01 to 05 | 3BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.