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.
Overview & Key Facts
LE MERRITT is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by CRESCENDAS GROUP, comprising 23 units, completed in 2008.
Location & Connectivity
LE MERRITT is approximately 470m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 470m |
| Kembangan | East-West Line | 1.1 km |
| Marine Parade | Thomson-East Coast Line | 1.3 km |
| Siglap | Thomson-East Coast Line | 1.4 km |
Schools & Education
13 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 210m |
| Chung Cheng High School (Main) | Secondary | 980m |
| East Coast Primary School | Primary | 1.2 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| Canadian International School (Tanjong Katong) | International | 1.4 km |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| Canossa Catholic Primary School | Primary | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,679 psf | $1,590,000 |
| 3 BR | 4 | $1,607 psf | $1,591,750 |
| 4 BR | 1 | $1,644 psf | $2,300,000 |
Market Position
LE MERRITT has recorded 6 sales at an average price of $1,709,500.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at LE MERRITT typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 2 BR | $3,683/mo | $1,590,000 | 2.78% | $232/mo |
| 3 BR | $3,925/mo | $1,591,750 | 2.96% | $247/mo |
Loading chart data...
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2022 | 2 | $1,494 psf | — |
| 2024 | 4 | $1,691 psf | ↑ 13.2% |
Loading chart data...
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.
Loading chart data...
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
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 23-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
yield-focused investors and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
LE MERRITT is a freehold development in District 15 (OCR), with 23 units, offering a gross yield of 2.7%.
Explore the full LE MERRITT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LE MERRITT against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (530m away), an upgrader gap of about $1,050,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $1,050,000
- Geylang — 4-room average $761,443 (1.5 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for LE MERRITT?
Is LE MERRITT freehold?
What is the rental yield for LE MERRITT?
Which MRT is nearest to LE MERRITT?
Sources & Next Steps
- LE MERRITT 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: 6 transactions
- Rental data: 20 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2024 · 6 records analysed · Source: URA private-sale caveats