Melinia Court
Melinia Court is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Outside Central Region (OCR). The development comprises 11 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Over the 12 months to May 2022, Melinia Court recorded 1 rental contract at a median $3,500/mo. Source: URA caveat data, as of May 2022.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-22 | $910,000 | $1,243 psf | 732 sqft | 01 to 05 | 2BR |
| Jul-21 | $1,050,000 | $1,134 psf | 926 sqft | 01 to 05 | 2BR |
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.