The Meyer Place

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  3
 2
 0

Sale Price *

Average
S$ 1,865 psf
Range
S$ 1,865 - 1,865 psf

Rental Price **

Average
S$ 3.8 psf pm
Range
S$ 3.6 - 4.1 psf pm

Rental Yield **

2.4%

Rental income expressed as a percentage of the property's value.

Amenities

2.6
2.6

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
The Meyer Place is a freehold apartment completed in 1993. The development occupies a land area of 2,617 sqm and a Gross Floor Area of 5,495 sqm. It consists of 24 units. According to records, buyers of this development are Singaporean 78.6%, PR 7.1%, Foreigner 7.1%, Company 7.1%.

THE MEYER PLACE is located along Meyer Place in Marine Parade, in District 15. It is accessible through the nearest MRTs including Katong Park TE24 and Mountbatten CC7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,865 psf to S$ 1,865 psf at an average of S$ 1,865 psf. Its highest recorded transaction was S$ 1,865 psf in Apr 2024 for a 1,367-sqft unit. Its lowest recorded transaction was S$ 527 psf in Dec 2002 for a 1,367-sqft unit. Its current rental yield is at 2.4%.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
Eat & ShopEat & Shop
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Floor Plans
6
1
2

THE MEYER PLACE - 6 - 1 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of THE MEYER PLACE

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of THE MEYER PLACE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of THE MEYER PLACE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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5
$2,999,000
  • 37% Rental Volume

  • 3 beds
  • 2 baths
  • Apartment
  • D15
  • 1993
  • Freehold
  • S$ 2,190 psf
  • Meyer Place
Teo Wee Cheng
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FAQs about THE MEYER PLACE

What is the nearest MRT Station to THE MEYER PLACE ?
The nearest MRT Station from THE MEYER PLACE is Katong Park TE24 MRT

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