District 15 · Marine Parade · RCR
Meyerhouse
Meyer Road · Condominium · Freehold
Current PSF
$0
-100.0% vs district median
Gross yield
-
median rent $24,500/mo
3-year gain
0.0%
Transactions · 5y
35
0 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 455.551m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
-
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
-
flip ratio, last 24 months
Price spread
-
PSF dispersion within project
The neighbourhood
Secondary
Broadrick Secondary School · 1.2km
Food
Jalan Batu Blk 4a (Blk 4a Jalan Batu Hawker Centre/Market) · 1.2km
Green
Meyer Rd Pg · 92m - 6 parks within 1km
Mall
Katong Shopping Centre · 1.1km
Health
National Healthcare Group Polyclinics (Geylang Polyclinic) (polyclinic) · 2.4km
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%
What the record shows
The early buyer’s position
Buyers who bought from the developer in 2021 paid an average of $2,553 psf (16 sales). At today’s $0 psf, they are down 100% on paper.
Price trend average PSF by year
2021
$2,553
2022
$2,595
+1.6%
2024
$3,124
+20.4%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 4BR | $19,500/mo | $6.84 | - | 20 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jan 2024 | $9,280,000 | 2,971 | $3,124 | 01-05 |
| Dec 2022 | $7,552,000 | 2,820 | $2,678 | 01-05 |
| Nov 2022 | $8,355,000 | 3,240 | $2,579 | 01-05 |
| Nov 2022 | $7,154,000 | 2,820 | $2,537 | 01-05 |
| Nov 2022 | $5,238,090 | 1,873 | $2,797 | 01-05 |
| Sept 2022 | $7,852,000 | 2,895 | $2,712 | 01-05 |
| Sept 2022 | $7,516,080 | 2,820 | $2,665 | 01-05 |
| Sept 2022 | $7,300,000 | 2,820 | $2,589 | 01-05 |
| Aug 2022 | $7,552,000 | 2,895 | $2,608 | 01-05 |
| Jul 2022 | $8,355,000 | 3,240 | $2,579 | 01-05 |
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