MEYERHOUSE

MEYER ROAD
RESALE CONDODistrict 15
Tanjong Katong MRT · 6 min walk (471m)RCRFreehold
Total Units
56
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
2,706
▲ 18.9% QoQ
Total Sales
45
since 2021-03
Price Range
$4.9M–$14.2M
all-time
Unit Size
3,127 sqft
Floors 1–1
PSF MOVEMENT ALERT — 2024-Q1
Median PSF rose 18.9% quarter-on-quarter (from $2,628 in 2022-Q4 to $3,124 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

MEYERHOUSE on MEYER ROAD in District 15 (East Coast / Marine Parade) has seen zero caveated transactions over the past 24 months. With the District 15 median at $1,689 PSF, there is no recent data to confirm where MEYERHOUSE currently sits within the Rest of Central Region pricing hierarchy.

Freehold tenure is a structural positive, protecting against the lease-decay discount that erodes values in ageing leasehold estates nearby.

At 56 units, the development is small enough that extended quiet periods are normal, though prospective buyers should verify whether any en bloc potential exists.

For pricing context, EMERALD OF KATONG trades at $2,628 PSF and THE CONTINUUM at $2,869 PSF. These benchmarks suggest MEYERHOUSE would likely transact well below these newer developments, but the exact discount remains speculative until a deal clears.

Nearby Comparables

DevelopmentMedian PSFYield2Y 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

Quarterly
2,490
2021-Q2
2,450
2021-Q3
2,656
2021-Q4
2,541
2022-Q1
2,574
2022-Q2
2,608
2022-Q3
2,628
2022-Q4
3,124
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2024
DatePriceSizePSFFloor
Jan 2024$9,280,0002,971 sqft$3,12401-05
Dec 2022$7,552,0002,820 sqft$2,67801-05
Nov 2022$5,238,0901,873 sqft$2,79701-05
Nov 2022$8,355,0003,240 sqft$2,57901-05
Nov 2022$7,154,0002,820 sqft$2,53701-05
Sep 2022$7,852,0002,896 sqft$2,71201-05
Sep 2022$7,516,0802,820 sqft$2,66501-05
Sep 2022$7,300,0002,820 sqft$2,58801-05
Aug 2022$7,552,0002,896 sqft$2,60801-05
Jul 2022$8,355,0003,240 sqft$2,57901-05
Showing 10 of 45 transactions

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