Average Rental Yield Analysis
Source: URA, https://www.edgeprop.sg
*Based on transactions and rents in the past 6 months.
Mera Gardens
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
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Description
Mera Gardens is a leasehold (99 yrs from 1994) terrace house, detached house, semi-detached house. The development occupies a land area of 561 sqm. It consists of 122 units. According to records, buyers of this development are Singaporean 91.7%, PR 3.2%, Foreigner 0.9%, Company 0.9%.
MERA GARDENS is located along Almond Crescent in Bukit Panjang, in District 23. It is accessible through the nearest MRTs including Cashew DT2 and Hillview DT3.
Based on transaction data in the last 12 months, sale prices range from S$ 649 psf to S$ 1,705 psf at an average of S$ 1,132 psf. Its highest recorded transaction was S$ 1,705 psf in Mar 2024 for a 1,612-sqft unit. Its lowest recorded transaction was S$ 169 psf in Nov 1998 for a 11,862-sqft unit. Its current rental yield is at 3.0%. Other nearby amenities include: 2 Grocerie(s): HAO MART PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: Dairy Farm Mall.
Buyers and tenants are attracted to District 23, which covers Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang. Choa Chu Kang's name was derived from "kangchu", which refers to plantation owners in Teochew. Originally a kampung, the town has evolved into a modern neighbourhood with strong public transport links and two shopping malls. One of which is Lot One Shoppers’ Mall, a mall located next to the Choa Chu Kang MRT station offering various retail and dining options. Walking along Choa Chu Kang Park, visitors can also still see old fruit tree plantations. Bukit Batok is home to many natural landmarks, such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill and Little Guilin, which bears a resemblance of Guilin in China, offering a view of towering granite rock sitting within a lake. The main shopping mall is West Mall, which has a public library, post office and cinema within its compounds.
With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
MERA GARDENS is located along Almond Crescent in Bukit Panjang, in District 23. It is accessible through the nearest MRTs including Cashew DT2 and Hillview DT3.
Based on transaction data in the last 12 months, sale prices range from S$ 649 psf to S$ 1,705 psf at an average of S$ 1,132 psf. Its highest recorded transaction was S$ 1,705 psf in Mar 2024 for a 1,612-sqft unit. Its lowest recorded transaction was S$ 169 psf in Nov 1998 for a 11,862-sqft unit. Its current rental yield is at 3.0%. Other nearby amenities include: 2 Grocerie(s): HAO MART PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: Dairy Farm Mall.
Buyers and tenants are attracted to District 23, which covers Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang. Choa Chu Kang's name was derived from "kangchu", which refers to plantation owners in Teochew. Originally a kampung, the town has evolved into a modern neighbourhood with strong public transport links and two shopping malls. One of which is Lot One Shoppers’ Mall, a mall located next to the Choa Chu Kang MRT station offering various retail and dining options. Walking along Choa Chu Kang Park, visitors can also still see old fruit tree plantations. Bukit Batok is home to many natural landmarks, such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill and Little Guilin, which bears a resemblance of Guilin in China, offering a view of towering granite rock sitting within a lake. The main shopping mall is West Mall, which has a public library, post office and cinema within its compounds.
With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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Nearby Amenities
Source: URA, www.edgeprop.sg
All Nearby Amenities
Within 500m
Transport
School
Eat & Shop
Others
Bus Stops
8Size Distribution
Source: URA, https://www.edgeprop.sg
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Source: URA, https://www.edgeprop.sg
Sales Transaction of MERA GARDENS
Source: URA, https://www.edgeprop.sg
ALL SALES TRANSACTION (0)
PROFITABLE SALES (0)
UNPROFITABLE SALES (0)
ALL ABORTED TRANSACTION (0)
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Asking Price of MERA GARDENS
Source: URA, https://www.edgeprop.sg
For Sales
For Rent
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
Rental Transactions of MERA GARDENS
Source: URA, https://www.edgeprop.sg
Rental Trends
Source: URA, https://www.edgeprop.sg
Historical Quarterly Rental
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.
Nearby Land Sales
| Status | Street Name | Location | Land Attributes | Estimated Breakeven |
|---|---|---|---|---|
| - | ||||
Listings
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