District 15 · Marine Parade · RCR
The Seafront On Meyer
Meyer Road · Condominium · Freehold
Current PSF
$2,346
+34.2% vs district median
Gross yield
2.4%
median rent $7,725/mo
3-year gain
2.1%
Transactions · 5y
58
7 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 1,019.649m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+240% 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
+3.4%
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
Broadrick Secondary School · 1.1km
Food
Jalan Batu Blk 4a (Blk 4a Jalan Batu Hawker Centre/Market) · 798m
Green
Katong Pk · 208m - 5 parks within 1km
Mall
51 Old Airport Road Food Centre And Shopping Mall · 1.3km
Health
National Healthcare Group Polyclinics (Geylang Polyclinic) (polyclinic) · 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%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,341 psf - 5% above units on floors 1–5 ($2,234 psf).
Price trend average PSF by year
2021
$1,889
2022
$2,034
+7.7%
2023
$2,172
+6.8%
2024
$2,342
+7.8%
2025
$2,421
+3.4%
2026
$2,217
-8.4%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $4,800/mo | $4.57 | 2.3% | 80 |
| 3BR | $7,200/mo | $4.36 | 2.2% | 171 |
| 4BR | $9,400/mo | $4.37 | 2.2% | 126 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $3,880,000 | 1,604 | $2,419 | 01-05 |
| May 2026 | $2,728,000 | 1,066 | $2,560 | 06-10 |
| Mar 2026 | $4,120,000 | 1,981 | $2,080 | 01-05 |
| Feb 2026 | $2,550,000 | 1,410 | $1,808 | 01-05 |
| Aug 2025 | $5,280,000 | 2,110 | $2,503 | 16-20 |
| Aug 2025 | $4,168,000 | 1,604 | $2,599 | 06-10 |
| Aug 2025 | $2,610,000 | 1,066 | $2,449 | 21-25 |
| Jun 2025 | $4,800,000 | 2,088 | $2,299 | 06-10 |
| Apr 2025 | $5,520,000 | 2,314 | $2,385 | 16-20 |
| Apr 2025 | $4,208,000 | 1,604 | $2,624 | 21-25 |
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More in District 15
The HDB blocks next door
The entry point, measured: what the resale flats around The Seafront On Meyer actually sell for - this project trades at 4.0× the nearest block’s PSF.