Meier Suites

D15 (OCR) Freehold

Located in District 15 (Joo Chiat, Amber Road, Katong), Meier Suites is a freehold condominium in the Rest of Central Region (RCR). Completed in 2012, the development comprises 55 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 15 · Freehold · Completed 2012
~$2,113Avg PSF (12-month)
55Total units
Category Ratings
Facilities
7.5
Unit size & layout
8.5
Value for money
6.5
Neighbourhood
8.5
MRT accessibility
8.0
Lease remaining
10.0

Overview & Key Facts

MEIER SUITES is a freehold condominium at MARGATE ROAD in District 15 (RCR), developed by SB (MEYER) DEVELOPMENT PTE LTD, comprising 55 units, completed in 2012.

Developer
SB (MEYER) DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
55
TOP year
2012
District
15 — RCR
Street
MARGATE ROAD

Location & Connectivity

MEIER SUITES is approximately 430m from Katong Park MRT station, with 4 stations within 1.5 km.

MRT stations near MEIER SUITES
StationLineDistance
Katong ParkThomson-East Coast Line430m
Tanjong KatongThomson-East Coast Line850m
MountbattenCircle Line1 km
DakotaCircle Line1.1 km

Schools & Education

13 schools within 2 km.

Schools near MEIER SUITES
SchoolTypeDistance
Tanjong Katong Primary SchoolPrimary1.3 km
One World International School (Mountbatten)International1.3 km
Tao Nan SchoolPrimary1.4 km
Haig Girls' SchoolPrimary1.5 km
Geylang Methodist School (Secondary)Secondary1.5 km
Geylang Methodist School (Primary)Primary1.6 km
CHIJ (Katong) PrimaryPrimary1.6 km
Broadrick Secondary SchoolSecondary1.7 km

Unit Mix & Pricing

Unit mix for MEIER SUITES
TypeSalesAvg PSFAvg Price
4 BR2$1,942 psf$3,490,000
5+ BR8$1,837 psf$4,460,750

Market Position

MEIER SUITES has recorded 10 sales at an average price of $4,266,600.

MEIER SUITES sits at the 78th percentile of District 15 condo PSF.
$2,113 psf
Avg PSF (12mo)
$4,266,600
Avg Price
2.5%
Gross Yield
10
Total Sales

Price Appreciation

PSF trend for MEIER SUITES
YearSalesAvg PSFChange
20214$1,697 psf
20232$1,745 psf↑ 2.8%
20242$2,036 psf↑ 16.7%
20252$2,113 psf↑ 3.8%

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MEIER SUITES prices sit at a fresh series high after a 3.8% gain on the prior period, now 24.5% above the 2021 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 1 transaction 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 55 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for empty nesters / downsizers, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.

young couples (no kids) and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

yield-focused investors should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

MEIER SUITES is a freehold development in District 15 (RCR), with 55 units, offering a gross yield of 2.5%.

At ~$2,113 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full MEIER SUITES dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (500m away), an upgrader gap of about $3,400,000
  • Geylang — 4-room average $761,443 (880m away), an upgrader gap of about $3,500,000
  • Marine Parade — 4-room average $648,065 (2 km away), an upgrader gap of about $3,600,000

FAQ

What is the average PSF for MEIER SUITES?
The 12-month average is approximately $2,113 psf.
Is MEIER SUITES freehold?
Yes, MEIER SUITES is a freehold property.
What is the rental yield for MEIER SUITES?
The estimated gross yield is 2.5%.
Which MRT is nearest to MEIER SUITES?
The nearest is Katong Park MRT at 430m.

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: 10 transactions
  • Rental data: 61 leases
  • Source: URA

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

Data as of August 2025

Latest recorded data point: Aug 2025 · 10 records analysed · Source: URA private-sale caveats