Meridian 38
Located in District 15 (Joo Chiat, Amber Road, Katong), Meridian 38 is a freehold condominium in the Outside Central Region (OCR). Completed in 2014, the development comprises 19 units. Sale and rental figures on this page are compiled from URA transaction records.
MERIDIAN 38
Over the 12 months to May 2026, Meridian 38 recorded 3 resale transactions at a median $1,587 psf (median price $1,828,000), and 6 rental contracts at a median $3,950/mo, a gross rental yield of 2.6%. Source: URA caveat data, as of May 2026.
Meridian 38's median of $1,587 psf over the trailing 12 months places its pricing below roughly 58% of District 15 condos; resale liquidity has been limited with 3 caveats lodged; the 2.6% 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 | $1,828,000 | $1,587 psf | 1,152 sqft | 01 to 05 | 3BR |
| Jan-26 | $1,850,000 | $1,606 psf | 1,152 sqft | 01 to 05 | 3BR |
| Oct-25 | $1,050,000 | $1,414 psf | 743 sqft | 01 to 05 | 2BR |
| Sep-21 | $1,675,000 | $1,353 psf | 1,238 sqft | 01 to 05 | 3BR |
| Jun-21 | $1,068,000 | $1,438 psf | 743 sqft | 01 to 05 | 2BR |
Can I afford Meridian 38?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,828,000.
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.