District 15 · Marine Parade · RCR
Meier Suites
Margate Road · Condominium · Freehold
Current PSF
$2,112
+20.8% vs district median
Gross yield
2.4%
median rent $9,500/mo
3-year gain
21.0%
Transactions · 5y
8
1 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 992.232m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+206% premium
HDB median $690 psf
Area income
$13,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
2%
PSF dispersion within project
The neighbourhood
Secondary
Broadrick Secondary School · 932m
Food
Jalan Batu Blk 4a (Blk 4a Jalan Batu Hawker Centre/Market) · 648m
Green
Wilkinson Interim Pk · 331m - 7 parks within 1km
Mall
51 Old Airport Road Food Centre And Shopping Mall · 1.1km
Health
National Healthcare Group Polyclinics (Geylang Polyclinic) (polyclinic) · 2.3km
Who lives in Marine Parade
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
46,220
Median age
45 yrs
42% under 40 · getting older
Children 0–9
4,310
▼ 12% since 2015 · future P1 demand
Household size
3.2 avg
Homes
42% HDB
37% condo · 20% landed
Degree holders
48%
residents 15+
Commute
43% transit
37% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,697
2023
$1,745
+2.8%
2024
$2,036
+16.7%
2025
$2,113
+3.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $7,500/mo | $4.29 | 2.4% | 12 |
| 4BR | $9,500/mo | $4.22 | 2.4% | 44 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Aug 2025 | $4,660,000 | 2,207 | $2,112 | 06-10 |
| Apr 2025 | $3,800,000 | 1,798 | $2,114 | 11-15 |
| Dec 2024 | $4,528,000 | 2,207 | $2,052 | 11-15 |
| Sept 2024 | $4,500,000 | 2,228 | $2,020 | 06-10 |
| Oct 2023 | $6,700,000 | 4,166 | $1,608 | 16-20 |
| Oct 2023 | $4,150,000 | 2,207 | $1,881 | 06-10 |
| Dec 2021 | $3,180,000 | 1,798 | $1,769 | 06-10 |
| Oct 2021 | $3,880,000 | 2,207 | $1,758 | 11-15 |
| May 2021 | $3,668,000 | 2,228 | $1,646 | 06-10 |
| Mar 2021 | $3,600,000 | 2,228 | $1,616 | 06-10 |
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More in District 15
The HDB blocks next door
The entry point, measured: what the resale flats around Meier Suites actually sell for - this project trades at 3.6× the nearest block’s PSF.