District 15 · Marine Parade · RCR
The Makena
Meyer Road · Condominium · Freehold
Current PSF
$2,262
+29.4% vs district median
Gross yield
2.1%
median rent $6,000/mo
3-year gain
24.8%
Transactions · 5y
77
10 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 377.282m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+228% 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
-0.9%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
8%
PSF dispersion within project
The neighbourhood
Secondary
Tanjong Katong Secondary School · 1.3km
Food
Jalan Batu Blk 4a (Blk 4a Jalan Batu Hawker Centre/Market) · 1.3km
Green
Meyer Rd Pg · 122m - 6 parks within 1km
Mall
Katong Shopping Centre · 1.1km
Health
Parkway East Hospital (hospital) · 2.5km
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 floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,154 psf - 20% above units on floors 1–5 ($1,801 psf).
Price trend average PSF by year
2021
$1,625
2022
$1,790
+10.2%
2023
$1,841
+2.8%
2024
$1,964
+6.7%
2025
$2,146
+9.3%
2026
$2,297
+7%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,800/mo | $4.00 | 2.1% | 4 |
| 2BR | $4,000/mo | $4.21 | 2.2% | 40 |
| 3BR | $5,500/mo | $3.55 | 1.9% | 550 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| May 2026 | $3,848,000 | 1,636 | $2,352 | 21-25 |
| Feb 2026 | $3,500,000 | 1,582 | $2,212 | 06-10 |
| Feb 2026 | $2,680,000 | 1,152 | $2,327 | 21-25 |
| Dec 2025 | $2,610,000 | 1,152 | $2,266 | 11-15 |
| Oct 2025 | $3,400,000 | 1,518 | $2,240 | 06-10 |
| Sept 2025 | $3,700,000 | 1,647 | $2,247 | 26-30 |
| Sept 2025 | $3,515,000 | 1,636 | $2,148 | 06-10 |
| Sept 2025 | $2,510,000 | 1,152 | $2,179 | 06-10 |
| Sept 2025 | $2,250,000 | 926 | $2,431 | 11-15 |
| Sept 2025 | $2,050,000 | 926 | $2,215 | 06-10 |
HomeRadar AIlive
Ask anything about THE MAKENA
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.