THE MEYERISE
UrbanLens Analysis
THE MEYERISE trades at $2,583 PSF, sitting 53% above the District 15 median of $1,689 PSF. At 7 minutes from Tanjong Katong MRT (572m), transit access is passable but not a differentiator. MEYER BLUE fetches $3,205 PSF nearby -- that 19% gap frames THE MEYERISE's relative value proposition.
A 10.0% appreciation over two years is healthy without looking frothy. With 16 deals in two years, the pricing data has reasonable statistical weight. For context, THE CONTINUUM has gained 5.0% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. The 2.6% yield trails the RCR average of 3.5%. At $6,872/month median rent, this is a capital-appreciation bet, not an income play.
With 239 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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