The Meyer Place
Located in District 15 (Joo Chiat, Amber Road, Katong), The Meyer Place is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 1993 and comprises 24 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
THE MEYER PLACE is a freehold condominium at MEYER PLACE in District 15 (RCR), developed by NEST DEVELOPMENT PTE LTD, comprising 24 units, completed in 1993.
Location & Connectivity
THE MEYER PLACE is approximately 230m from Katong Park MRT station, with 5 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Katong Park | Thomson-East Coast Line | 230m |
| Mountbatten | Circle Line | 970m |
| Tanjong Katong | Thomson-East Coast Line | 1 km |
| Dakota | Circle Line | 1.1 km |
| Stadium | Circle Line | 1.4 km |
Schools & Education
13 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| One World International School (Mountbatten) | International | 1.3 km |
| Tanjong Katong Primary School | Primary | 1.5 km |
| Geylang Methodist School (Primary) | Primary | 1.6 km |
| Geylang Methodist School (Secondary) | Secondary | 1.6 km |
| Tao Nan School | Primary | 1.6 km |
| Olympiad International School | International | 1.6 km |
| Haig Girls' School | Primary | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.8 km |
Market Position
THE MEYER PLACE has recorded 2 sales at an average price of $2,825,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2024 | 1 | $1,865 psf | — |
| 2026 | 1 | $2,133 psf | ↑ 14.4% |
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Price Index Check
The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
What Could Work Against You
- With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 24-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 33+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, mrt-walkable commuters, international school families and en-bloc speculators. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
long-term hold (10+ yr), foreign / absd-aware buyers and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
THE MEYER PLACE is a freehold development in District 15 (RCR), with 24 units, offering a gross yield of 2.1%.
At ~$2,133 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full THE MEYER PLACE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE MEYER PLACE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (350m away), an upgrader gap of about $1,950,000
- Geylang — 4-room average $761,443 (850m away), an upgrader gap of about $2,050,000
FAQ
What is the average PSF for THE MEYER PLACE?
Is THE MEYER PLACE freehold?
What is the rental yield for THE MEYER PLACE?
Which MRT is nearest to THE MEYER PLACE?
Sources & Next Steps
- THE MEYER PLACE Dashboard — Live charts and analytics
- URA — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions
- Rental data: 48 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 2 records analysed · Source: URA private-sale caveats