MEYER MANSION
UrbanLens Analysis
At $2,971 PSF, MEYER MANSION prices 76% above the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 7% premium that buyers need to justify. The 7-minute walk to Katong Park MRT (550m) is workable, though not the kind of proximity that commands a premium on its own.
The 11.9% gain in two years signals steady demand -- solid, not speculative. With 14 deals in two years, the pricing data has reasonable statistical weight. For context, GRAND DUNMAN has gained 0.4% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Gross yield of 3.1% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
At 200 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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