District 15 · Marine Parade · RCR
The Sovereign
Meyer Road · Condominium · Freehold · 87 units
Current PSF
$2,417
+38.9% vs district median
Gross yield
1.9%
median rent $11,000/mo
3-year gain
3.6%
Transactions · 5y
10
4 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 542.391m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+252% premium
HDB median $687 psf
Area income
$13,500/mo median
residential zone
En-bloc potential54 / 100
30 years old · 87 units · 37% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$2,215
2023
$2,332
+5.3%
2024
$2,519
+8%
2025
$2,417
-4%
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2025 | $8,400,000 | 3,305 | $2,542 | 21-25 |
| Jul 2025 | $6,500,000 | 2,637 | $2,465 | 16-20 |
| Jul 2025 | $6,150,000 | 2,637 | $2,332 | 01-05 |
| May 2025 | $7,700,000 | 3,305 | $2,330 | 01-05 |
| Oct 2024 | $8,600,000 | 3,305 | $2,602 | 21-25 |
| Sept 2024 | $6,200,000 | 2,637 | $2,351 | 06-10 |
| Jun 2024 | $8,600,000 | 3,305 | $2,602 | 11-15 |
| Nov 2023 | $6,500,000 | 2,637 | $2,465 | 06-10 |
| Oct 2023 | $5,800,000 | 2,637 | $2,199 | 26-30 |
| Dec 2021 | $5,840,000 | 2,637 | $2,215 | 21-25 |
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