Myra
Overview & Key Facts
Myra is an 85-unit freehold boutique condominium located at 9 Meyappa Chettiar Road in District 13, developed by Tiara Land Pte Ltd, a subsidiary of Selangor Dredging Berhad (SDB). Listed on the Kuala Lumpur Stock Exchange since 1964, SDB has built a long-standing reputation in property development across Singapore and Malaysia, with notable projects including The Residences at W Sentosa Cove and Jervois Prive. Myra was completed in 2022, rising 12 storeys as a single-tower development on a compact 30,689-sqft site.
The architectural design by JGP Architecture creates a slender, elegant tower that maximises the site’s potential through carefully considered unit orientations and generous communal landscaping at ground level. Each residence is fitted with premium finishes reflecting SDB’s commitment to quality craftsmanship — a hallmark of the developer’s boutique approach that distinguishes Myra from the mass-market fare in the surrounding Farrer Park precinct.
At an average transacted price of approximately $2,433 psf, Myra occupies a premium position for D13 — justified by its freehold tenure, boutique exclusivity, and doorstep proximity to Potong Pasir MRT. With 84% Singaporean buyers and a rental yield of approximately 3.2%, the development has attracted owner-occupiers and long-term investors who value the permanence of freehold ownership on Singapore’s city fringe.
Location & Connectivity
Myra enjoys an exceptional transit connection, sitting approximately 150 m from Potong Pasir MRT station (NE10) on the North-East Line — a genuine 2-minute walk. The NEL provides direct access to Dhoby Ghaut interchange (4 stops, under 12 minutes), Clarke Quay, Chinatown, and HarbourFront. The station’s position on the NEL means residents can reach the Orchard Road shopping belt and CBD within 15–20 minutes by train, making Myra a practical city-fringe address for professionals working in the central area.
The immediate neighbourhood centres around the Potong Pasir precinct — a mature residential area with character. The Venue Shoppes and The Poiz Centre provide nearby retail and dining options, while the stretch of Upper Serangoon Road offers a rich variety of local food establishments. Fairprice, Ang Mo Supermarket, and Sheng Siong supermarkets are all within walking distance for daily provisions. The area retains a village-like atmosphere that appeals to residents seeking a quieter alternative to the busier Farrer Park commercial strip.
The school catchment adds practical value for families. St. Andrew’s Junior School is within approximately 300 m (a 4-minute walk), and Bendemeer Primary School is within the 1 km priority-enrolment radius. The broader area includes St. Joseph’s Institution Junior, St. Margaret’s Primary, and Anglo-Chinese School (Junior) within 2 km, providing a strong range of educational options.
Schools & Education
1 primary school within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| Assumption Pathway School | secondary | Within 1 km |
| Stamford Primary School | primary | Within 1 km |
| Bendemeer Secondary School | secondary | ~1.1 km |
| Bendemeer Primary School | primary | ~1.1 km |
| Balestier Hill Primary School | primary | ~1.5 km |
| Red Swastika School | primary | ~1.5 km |
| De La Salle School | primary | ~1.6 km |
| Hong Wen School | primary | ~1.6 km |
Facilities
As an 85-unit boutique development, Myra’s facility provision is necessarily scaled to its compact footprint. The centrepiece is a 25-metre lap pool complemented by a hydro pool, aqua deck, and a pool-side dining pavilion. Ground-level amenities include a fully equipped gymnasium, a bar counter lounge area, a reflection garden, and lush tropical landscaping that creates a sense of seclusion despite the urban setting. The development features 24-hour security, CCTV coverage, and access-controlled lobby entry.
“For a small development, Myra punches above its weight in terms of finish quality. The lap pool is well-proportioned for morning swims, and the gym has proper equipment rather than the token machines you see in some boutique projects. The landscaping is beautiful — the reflection garden at ground level creates a genuine tropical retreat feel. With only 85 units, you rarely encounter crowds at any facility.”
— Owner-occupier, 2-bedroom unit (Home & Decor Singapore)
The trade-off inherent in boutique developments applies here: Myra lacks the breadth of facilities found in larger condominiums — there is no tennis court, no function room, and no children’s playground. Families with young children may find the facility set limiting, though the compact scale means maintenance fees are relatively contained for a freehold D13 address. The emphasis is on quality over quantity, with the premium finishes and intimate scale creating an experience oriented toward adult residents and couples rather than large families.
Unit Sizes & Layout
Myra offers 85 units ranging from one-bedroom (approximately 484 sqft) to four-bedroom configurations (approximately 1,442 sqft), with 24 distinct floor plan types across the 12-storey single tower. The unit mix is weighted toward compact configurations — one- and two-bedroom units predominate, reflecting the development’s city-fringe positioning and appeal to young professionals and couples. The four-bedroom units at the top of the range are limited in number, catering to a select buyer segment seeking a freehold family home at this location.
The single-tower configuration means all units benefit from outward-facing orientations without the internal-courtyard views that plague some larger developments. Higher-floor units enjoy open sightlines over the surrounding low-rise residential fabric, while the tower’s slender profile ensures good natural ventilation across all stacks. The two-bedroom units (approximately 667–872 sqft) offer the most competitive space-to-price ratio and have been the most actively transacted configuration.
| Bedrooms | Transactions | Avg PSF | Avg Price |
|---|---|---|---|
| 0 BR | 21 | $2,279 | $1,079,396 |
| 1 BR | 17 | $2,403 | $1,622,435 |
| 2 BR | 17 | $2,159 | $1,717,129 |
| 3 BR | 16 | $2,197 | $2,900,660 |
Pricing & Market Position
Based on 71 recorded transactions, sale prices range from $1,004,800 to $3,200,000, averaging $1,772,542 (~$2,429 psf).
Rents range from $3,000 to $6,500 per month across 62 rental transactions. Current rental yield sits at approximately 2.9%.
Price Appreciation
From 2021 to 2026, the average PSF has appreciated by 12.6% (from $2,153 to $2,425 psf).
Neighbourhood Comparison
Myra ($2,433 psf, 85 units, freehold) competes in the city-fringe boutique segment around the Potong Pasir-Farrer Park corridor. The Poiz Residences ($1,800–$2,100 psf, 731 units, 99-year from 2013) at Potong Pasir MRT is the volume alternative — an integrated development with a mall and significantly more facilities, but on a leasehold tenure. For buyers prioritising MRT integration and retail convenience at a lower PSF, The Poiz is the pragmatic choice, though the lease differential becomes increasingly significant over a 20+ year hold.
Uptown @ Farrer ($2,078 psf, 116 units, 99-year from 2019) nearby on Perumal Road offers a similar boutique scale at a lower PSF, with the advantage of proximity to Farrer Park MRT and City Square Mall, but on a 99-year lease. Sturdee Residences ($2,000–$2,300 psf, 305 units, 99-year from 2016) on Jalan Besar is another leasehold competitor with a larger facility set. Myra’s clear differentiator is the freehold tenure — in a corridor where 99-year developments dominate, permanent ownership is a genuine rarity that justifies the PSF premium for long-horizon buyers.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| MYRA | Freehold | 2021 | 85 | $2,429 |
| THE WOODLEIGH RESIDENCES | 99 yrs lease commencing from 2017 | 2021 | 667 | $2,229 |
| THE TRE VER | 99 yrs lease commencing from 2018 | 2021 | 729 | $1,919 |
| BARTLEY RIDGE | 99 yrs lease commencing from 2012 | 2018 | 868 | $1,708 |
| PARK COLONIAL | 99 yrs lease commencing from 2017 | 2021 | 805 | $2,145 |
| THE POIZ RESIDENCES | 99 yrs lease commencing from 2014 | 2019 | 731 | $1,867 |
ShiokNest Scores
Our proprietary scoring system evaluates MYRA across multiple dimensions.
What Residents Say
“We chose Myra because we wanted a freehold home near an MRT that did not feel like living in a hotel corridor with 500 other units. The build quality is excellent — SDB clearly invested in the finishes, and the timber flooring in the bedrooms is a nice touch. Potong Pasir MRT is literally across the road, and we can be at Dhoby Ghaut in under 12 minutes. For a couple without children, this is the perfect size development.”
— Owner-occupier, 1-bedroom unit (PLB Insights)
“The freehold tenure was the deciding factor for us. We compared Myra against several 99-year options in the Farrer Park and Potong Pasir area, and while the PSF premium was significant, we felt the long-term value of perpetual ownership justified the price. The unit layouts are well designed — our two-bedroom feels larger than the floor area suggests because there is virtually no wasted space. The neighbourhood has great local food and a genuine village feel.”
— Buyer, 2-bedroom unit (PropertyGuru review)
“My only gripe is the limited facilities — no playground means our toddler has to use the nearby parks instead, and there is no function room for larger gatherings. But the pool is rarely crowded, the gym is adequate, and the overall maintenance of the development is excellent. The concierge service adds a personal touch that you do not get in larger developments. For the price, the finish quality and freehold tenure make it worthwhile.”
— Owner-occupier, 3-bedroom unit (99.co review)
Strengths & Weaknesses
- Freehold tenure — increasingly rare for a city-fringe condominium near an MRT station
- Doorstep MRT access — Potong Pasir station (NEL) approximately 150 m away, 2-minute walk
- Boutique 85-unit scale provides privacy, low density, and minimal facility crowding
- Premium finishes by SDB — engineered timber, branded appliances, quality sanitary fittings
- Efficient squarish layouts with minimal corridor waste maximise usable living space
- Strong school catchment — St. Andrew's Junior School within 300 m
- City-fringe convenience — Dhoby Ghaut interchange reachable in under 12 minutes by NEL
- Established neighbourhood with village character, local food options, and multiple supermarkets
- JGP Architecture design with 3.15 m ceiling heights in selected units
- Premium PSF of ~$2,433 — significantly above leasehold alternatives in the same corridor
- Limited facilities — no tennis court, no function room, no children's playground
- Modest 3.2% rental yield — not ideal for yield-focused investors
- Compact unit sizes typical of boutique urban developments — not suited for large families
- Small 85-unit development means higher per-unit maintenance cost concentration
- Limited resale liquidity — boutique developments with fewer transactions can be harder to exit
- No integrated retail or F&B — residents depend on surrounding neighbourhood for daily needs
Verdict
Myra is a carefully crafted boutique proposition for buyers who value the trifecta of freehold tenure, city-fringe location, and intimate scale. At approximately $2,433 psf, it commands a premium over leasehold neighbours, but that premium purchases something genuinely rare in Singapore — permanent ownership within a 2-minute walk of an MRT station on the North-East Line. For owner-occupiers planning a long-term hold, the absence of lease decay is a fundamental advantage that compounds over decades.
The development’s strengths align closely with its target buyer: professionals and couples who want quality finishes, a private residential experience, and the convenience of city-fringe living without the noise and density of the CBD. The 85-unit scale means Myra will never feel like a resort mega-development, but for many buyers that restraint is precisely the appeal. The 84% Singaporean buyer profile confirms that the local market values the freehold proposition here.
The limitations are predictable for a project of this scale. The facility set lacks breadth, and families with multiple children may find the development’s orientation toward compact urban living constraining. The 3.2% rental yield is modest for the entry quantum, and investors seeking yield-driven returns may find better opportunities in larger leasehold developments with lower PSF entry points. Myra is best understood as a long-term owner-occupier play where freehold tenure and locational convenience are the primary value drivers — not a yield-maximisation vehicle.