Meraprime
Located in District 3 (Tiong Bahru, Queenstown), Meraprime is a 99-year leasehold condominium in the Rest of Central Region (RCR). The development was completed in 2006 and comprises 213 units, on a lease that commenced in 2003. Sale and rental figures on this page are compiled from URA transaction records.
MERAPRIME
Over the 12 months to May 2026, Meraprime recorded 3 resale transactions at a median $2,155 psf (median price $2,830,000), and 49 rental contracts at a median $6,800/mo, a gross rental yield of 2.9%. Source: URA caveat data, as of May 2026.
Meraprime's median of $2,155 psf over the trailing 12 months places its pricing below roughly 55% of District 3 condos; resale liquidity has been limited with 3 caveats lodged; the 2.9% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $3,020,000 | $2,300 psf | 1,313 sqft | 06 to 10 | 3BR |
| Feb-26 | $2,830,000 | $2,155 psf | 1,313 sqft | 31 to 35 | 3BR |
| Aug-25 | $2,350,000 | $2,140 psf | 1,098 sqft | 16 to 20 | 3BR |
| Jun-25 | $2,288,888 | $2,085 psf | 1,098 sqft | 21 to 25 | 3BR |
| Apr-25 | $2,388,000 | $2,035 psf | 1,173 sqft | 11 to 15 | 3BR |
| Feb-25 | $2,700,000 | $2,056 psf | 1,313 sqft | 26 to 30 | 3BR |
| Dec-24 | $2,268,000 | $2,026 psf | 1,119 sqft | 16 to 20 | 3BR |
| Dec-24 | $2,308,000 | $1,967 psf | 1,173 sqft | 01 to 05 | 3BR |
Can I afford Meraprime?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,830,000.
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.