Meyer Park
Overview & Key Facts
Meyer Park is a 60-unit freehold condominium on Meyer Road in District 15 (RCR), developed by Capital Realty Pte Ltd and completed in 1985. Meyer Road is one of Singapore’s most prestigious D15 addresses — a private residential lane running along the East Coast seafront from Mountbatten Road toward the Tanjong Katong corridor, characterised by freehold seafront land, low-density bungalow and condominium development, and the proximity to East Coast Park’s 15km coastal recreational belt. Katong Park MRT (Thomson-East Coast Line) at just 150 metres is one of the closest TEL station positions in D15, making Meyer Park the rare combination of a seafront freehold address and a sub-200m TEL proximity.
The transaction data for Meyer Park carries an important contextual note: the single resale price of S$392,180,000 — nearly S$400 million — is not a standard unit transaction. This is an en-bloc collective sale of the entire development, where all 60 units were sold collectively to a developer for redevelopment. The resulting implied price per unit (approximately S$6.5M) reflects the collective en-bloc land value, not individual unit market pricing. Buyers seeking individual unit transactions must rely on the rental market data and active listing research.
The rental dataset — 43 transactions averaging S$5,470 and a median of S$5,500 — represents the individual unit rental market that preceded or continued alongside the en-bloc process. At S$5,500 median, Meyer Park attracts the upper-tier D15 professional rental segment: senior executives, expat families, and lifestyle-oriented tenants who value the Meyer Road seafront address and the Katong Park TEL access at essentially the doorstep.
Location & Connectivity
Meyer Road is a prestigious D15 residential lane running from Mountbatten Road westward along the East Coast seafront corridor, flanked by a mix of Good Class Bungalows, boutique private condominiums, and the green buffer of the East Coast Park seafront. The road’s character is defined by the low-traffic residential privacy of a seafront lane: it is not a through-road in the commercial sense, making it one of D15’s quietest and most exclusive addresses. The East Coast Park entry points — coastal cycling, BBQ pits, the East Coast Lagoon Food Village — are directly accessible from Meyer Road via the park connector.
Katong Park MRT (Thomson-East Coast Line) at 150 metres is essentially at the development’s doorstep — one of the closest sub-200m TEL positions in D15 RCR. The TEL from Katong Park connects toward Tanjong Katong, Marine Parade, Marine Terrace, and the northward TEL spine toward Orchard, Stevens, Newton, and the Marina Bay south corridor. Mountbatten MRT (Circle Line) at 1.00km extends multi-line reach to the CCL and southward Stadium/Dakota direction.
East Coast Park — accessible directly from Meyer Road via the park connector — provides Singapore’s premier coastal recreational infrastructure: 15km of cycling and jogging paths, beach areas, BBQ pits, and the East Coast Lagoon Food Village hawker centre. The One World International School (Mountbatten) at 1.29km caters to the international school segment. Tanjong Katong Primary, Haig Girls’ School, and Geylang Methodist are all within 1.5–2km for families requiring primary school access.
Schools & Education
| School | Type | Distance |
|---|---|---|
| One World International School (Mountbatten) | international | ~1.3 km |
| Tanjong Katong Primary School | primary | ~1.6 km |
| Geylang Methodist School (Primary) | primary | ~1.6 km |
| Geylang Methodist School (Secondary) | secondary | ~1.6 km |
| Tao Nan School | primary | ~1.7 km |
| Haig Girls' School | primary | ~1.7 km |
| CHIJ (Katong) Primary | primary | ~1.8 km |
| Broadrick Secondary School | secondary | ~1.9 km |
Facilities
At 60 units completed in 1985, Meyer Park is approximately 41 years old — a 1985-vintage development where the building infrastructure, pool systems, and common area facilities require comprehensive review. If the en-bloc collective sale has occurred and the site is under redevelopment, buyers may only be purchasing individual units that have been reserved or the current Meyer Park may no longer exist in its original form. Buyers must verify the current status of the development before proceeding — if the collective sale has settled and the site is being redeveloped, individual unit purchases are no longer possible in the original Meyer Park structure.
The Meyer Road seafront location and the Katong Park TEL positioning are the fundamental location assets that will survive any redevelopment. Any new development on the Meyer Park site would benefit from the same Katong Park TEL sub-200m access and the East Coast Park frontage, making the site one of the most valuable D15 RCR freehold redevelopment parcels in Singapore’s private residential market.
Pricing & Market Position
Based on 1 recorded transactions, sale prices range from $392,180,000 to $392,180,000, averaging $392,180,000.
Rents range from $2,700 to $8,000 per month across 43 rental transactions. Current rental yield sits at approximately 0.0%.
Neighbourhood Comparison
D15 large-scale benchmarks: Grand Dunman (99yr, 1,008 units, $2,537 psf), Emerald of Katong (99yr, 846 units, $2,640 psf), The Continuum (FH, 816 units, $2,790 psf), and Amber Park (FH, 592 units, $2,540 psf). None of these developments has the Meyer Road seafront positioning or the Katong Park TEL sub-200m access.
The Meyer Park en-bloc at approximately S$6.5M per unit implied land cost will produce a new development priced materially above all current D15 benchmarks — reflecting the premium for the seafront-freehold-TEL combination that is now essentially unrepeatable in D15 RCR at this specific Meyer Road address. Buyers seeking to own at this address must wait for the new project launch rather than purchasing the en-bloc-resolved original Meyer Park.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| MEYER PARK | Freehold | 1985 | 60 | — |
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 2023 | 1,008 | $2,537 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 2024 | 846 | $2,640 |
| THE CONTINUUM | Freehold | 2023 | 816 | $2,790 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 2023 | 638 | $2,462 |
| AMBER PARK | Freehold | 2021 | 592 | $2,540 |
ShiokNest Scores
Our proprietary scoring system evaluates MEYER PARK across multiple dimensions.
What Residents Say
“Meyer Road is one of Singapore’s few remaining seafront-freehold residential lanes. Katong Park MRT is literally at the entrance, East Coast Park is across the road, and the TEL connects to Orchard in 5 stops. The en-bloc price of S$392M for 60 units tells you everything about how the market values this specific combination.”
— Meyer Road property analyst via EdgeProp market commentary
“Renting at Meyer Park before the en-bloc settled was one of the best D15 experiences I had. Cycling to East Coast Park every morning, S$5,500/month for a 3BR seafront address, Katong Park TEL outside the door. The new development will obviously be priced much higher.”
— Former Meyer Park tenant via Singapore Expats forum
Strengths & Weaknesses
- Katong Park MRT (Thomson-East Coast Line) at 150m — sub-200m TEL access in D15 RCR seafront
- Meyer Road freehold seafront address — one of Singapore's most prestigious D15 residential lanes
- 43 rental transactions at median S$5,500 — strong D15 premium rental demand confirmed
- East Coast Park directly accessible via park connector — 15km coastal cycling and beach access
- En-bloc collective sale at ~S$6.5M/unit implied — confirms extraordinary underlying land value
- Freehold seafront site with Katong Park TEL — uniquely scarce in D15 RCR market
- CRITICAL: En-bloc sale means the original Meyer Park may no longer accept individual unit purchases
- Verify development status before proceeding — site may be under redevelopment by the collective sale buyer
- S$392M en-bloc implies new project will be priced at significant premium to current D15 benchmarks
- 1985 vintage (41yr) — building infrastructure is aging; structural assessment required if still transacting
- Mountbatten MRT (CCL) at 1.00km — Circle Line access requires a 12-minute walk or bus
- East Coast seafront may require sea-view premium and storm/corrosion considerations for lower-floor units
Verdict
Meyer Park represents one of Singapore’s most distinctive D15 freehold residential propositions: a Meyer Road seafront freehold address, Katong Park MRT (TEL) at just 150 metres, 43 rental transactions confirming demand at S$5,500 median, and a site that has attracted an en-bloc collective sale at approximately S$6.5M per unit — among the highest en-bloc per-unit values in D15 RCR. The en-bloc event confirms the extraordinary underlying land value of this seafront-freehold-TEL-adjacent combination.
For buyers specifically targeting Meyer Road seafront and Katong Park TEL sub-200m access, the relevant action is to monitor the redevelopment project that will follow the en-bloc sale. The new developer project on the Meyer Park site will likely be launched at new-launch pricing reflecting the S$392M land cost, the seafront-TEL positioning premium, and the premium D15 RCR market. That new project — rather than the original Meyer Park — is the investable opportunity for buyers who value this specific Meyer Road-Katong Park TEL micro-location.