Type

Units

Min Area

Price Range

4+ BR

1518 sqft

S$4.4XM – S$5.8XM

Property Highlights

Premium 4-bedroom, 4-bathroom residence spanning 1,518 sqft in the established Katong precinct
Located just 7 minutes' walk (570 metres) from Katong Park MRT station on the Thomson-East Coast Line
Asking price of S$4,479,000 positions this property within Singapore's mid-to-upper luxury residential segment
Spacious floor plate and multiple ensuite bathrooms suit families and discerning owner-occupiers
Strong connectivity to the CBD, East Coast amenities, and future growth corridors via nearby MRT access

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Ref: 25127357

Meyer Blue: A Contemporary 4-Bedroom Residence in Katong

Meyer Blue represents a substantial offering in one of Singapore's most established residential enclaves. Situated at 83 Meyer Road, this four-bedroom, four-bathroom condominium spans 1,518 square feet of meticulously appointed living space, priced at S$4,479,000. The property encapsulates the appeal of mature-estate living, combining proximity to essential transport infrastructure with the neighbourhood's established character.

Connectivity and Location Benefits

The Thomson-East Coast Line (TE24) Katong Park MRT station lies approximately 570 metres away, translating to a comfortable seven-minute walk from the residence. This proximity to a major public transport node significantly enhances the property's utility for both owner-occupiers and investors. The Katong Park station itself serves as a gateway to rapid connectivity across Singapore, with onward links to the city centre, the East Coast, and emerging growth districts in the north and northeast. For professionals working in the Central Business District or Paya Lebar business hub, this location offers genuine convenience without the congestion premium of properties situated directly atop major stations.

Space, Layout, and Living Standards

The 1,518-square-foot floor plate provides ample breathing room for a modern family household. The presence of four distinct bedrooms allows for flexibility in use—whether as family bedrooms, home offices, or guest accommodations. Crucially, the four-bathroom configuration ensures that morning routines and daily domestic rhythms proceed without contention, a quality that distinguishes this property from smaller units in the same price band. This spatial generosity reflects contemporary expectations for upper-segment residential living in Singapore's mature estates.

Neighbourhood Character and Amenities

Meyer Road sits within the Katong-Joo Chiat precinct, a neighbourhood renowned for its cultural vibrancy, heritage shophouses, and cosmopolitan dining and retail offerings. The district has matured over decades into one of Singapore's most desirable residential addresses, attracting families, professionals, and investors who value walkability, local character, and established community infrastructure. Proximity to East Coast Park, with its extensive recreational and sports facilities, further enriches the living proposition. The neighbourhood's established nature means schools, healthcare facilities, and specialist services are well-developed and accessible.

Market Position and Value Proposition

At S$4.48 million, Meyer Blue positions itself within the mid-to-upper tier of Singapore's residential property market. For this outlay, buyers acquire a spacious, well-configured residence in a location that commands strong rental demand and steady capital appreciation over the medium to long term. The four-bedroom configuration with four bathrooms appeals to a specific, quality-focused buyer segment—typically established families, successful professionals, and investors seeking properties that balance premium pricing with tangible utility and appeal to a broad tenant base.

Investment and Owner-Occupier Appeal

The property's characteristics suit multiple buyer profiles effectively. For owner-occupiers, the space, location, and transport connectivity deliver a genuinely liveable environment for a growing or established family. For investors, the four-bedroom format commands consistent rental interest across Singapore's expatriate and professional tenant market, whilst the Katong location's stability and maturity suggest lower volatility in capital values. The proximity to Katong Park MRT, which opened in 2024, represents a relatively recent infrastructure enhancement that strengthens both current utility and forward-looking capital prospects.

Design and Configuration Considerations

The floor area of 1,518 square feet, distributed across four bedrooms and four bathrooms, suggests a thoughtfully organised layout. This configuration is neither cramped nor excessively sprawling, striking a balance that supports efficient household management and daily living. The presence of multiple ensuite bathrooms—a hallmark of properties targeting affluent owner-occupiers—enhances both comfort and convenience, particularly relevant in Singapore's humid tropical climate where privacy and bathing facilities carry heightened importance.

Market Context and Competition

Katong's established status means that the competitive set for this property extends across a range of comparable four-bedroom developments within a five-to-ten-minute radius. Prospective buyers evaluating Meyer Blue will necessarily benchmark it against other properties in the locale, considering factors including unit configuration, building age, amenity suites, and lease remaining. The transparency afforded by Singapore's mature property market ensures that pricing reflects genuine market-derived expectations for this location and specification.

Financing and Acquisition Pathway

Properties in this price band typically attract a mix of cash buyers and those utilising mortgage finance. Singapore's financial institutions remain highly active in residential lending for properties in established locations and at this price point. The acquisition of this property by owner-occupiers would likely involve standard banking procedures and Due Diligence, whilst investors would similarly benefit from established lending frameworks tailored to residential investment portfolios.

Meyer Blue exemplifies the enduring appeal of Singapore's mature, well-connected residential estates. The combination of spatial generosity, neighbourhood character, and proximity to essential infrastructure creates a compelling proposition for discerning buyers seeking a substantial, well-located four-bedroom residence in one of the island's most established addresses.

Frequently Asked Questions

What is the estimated rental yield for Meyer Blue if purchased as an investment property?

At S$4.48 million, a four-bedroom condominium in the Katong precinct typically achieves annual rental yields between 2.5% and 3.5%, depending on exact positioning, unit condition, and prevailing market dynamics. This translates to gross annual rental income of approximately S$112,000 to S$157,000. Meyer Blue's proximity to Katong Park MRT, combined with its spacious four-bedroom configuration, positions it attractively within Singapore's expatriate and professional rental market. The established nature of the Katong neighbourhood means tenant demand remains stable across economic cycles, supporting consistent occupancy rates. Investors should note that gross yields must be tempered by property tax, maintenance contributions, and potential void periods, reducing net returns to approximately 1.8% to 2.8% annually—returns that reflect Singapore's mature, lower-volatility residential investment landscape.

How does Meyer Blue's price per square foot compare to recent transaction data in Katong?

Meyer Blue's asking price of S$4.48 million across 1,518 square feet equates to approximately S$2,952 per square foot. Recent comparable four-bedroom transactions in the Katong-Joo Chiat precinct have ranged from S$2,800 to S$3,100 psf, depending on building age, exact location, and amenity positioning. Properties positioned within walking distance of newly opened MRT stations, such as Katong Park, typically command a premium of 5% to 8% relative to similar units in neighbouring streets without equivalent transport proximity. Meyer Blue's pricing thus sits within the upper band of recent comparables, reflecting its advantageous MRT accessibility and spacious floor plate. Buyers should note that psf metrics, whilst useful indicators, do not account for quality of configuration, building reputation, or specific amenity offerings—factors that may justify premium positioning for individual properties.

What are the Additional Buyer's Stamp Duty (ABSD) implications for purchasing Meyer Blue as a second property?

Singapore residents purchasing Meyer Blue as a second residential property would be liable for Additional Buyer's Stamp Duty (ABSD) at a rate of 15% on the purchase price. For this property, ABSD liability would amount to approximately S$671,850, in addition to standard conveyancing fees and the purchase price itself. Foreign investors would face steeper ABSD obligations at 20%, equivalent to approximately S$895,800. These substantial duties meaningfully impact the total acquisition cost and should be central to any investor's financial modelling. Significantly, ABSD is payable upfront at completion, requiring investors to factor this into their financing and capital planning. Some investors utilise holding structures or time-based strategies to mitigate ABSD exposure, though such approaches require careful legal and tax counsel to remain compliant with Inland Revenue Authority of Singapore (IRAS) guidelines. The ABSD regime substantially elevates the capital requirement for second-property acquisition in Singapore's residential market, favouring owner-occupiers and reducing the comparative advantage of residential investment properties relative to earlier market cycles.

Is Meyer Blue held on a freehold or leasehold basis, and what are the lease decay implications?

The listing does not specify whether Meyer Blue is held freehold or leasehold; this critical distinction must be clarified directly with the selling agent or conveyancing counsel before proceeding. If leasehold, buyers must ascertain the lease duration remaining and anticipated lease decay trajectory. Properties with leases below 60 years remaining typically experience accelerated capital value depreciation and financing constraints, as lenders become increasingly reluctant to advance mortgages on properties with short remaining tenure. For leasehold properties on 99-year leases or longer, lease decay remains a distant consideration for current owner-occupiers but becomes material for long-term hold investors, particularly in the final 40 years of the lease term. Resale marketability and capital appreciation potential are materially affected by lease length; a property with 60 years remaining will face substantially greater market friction and lower valuations relative to an identical property on a 99-year lease. Prospective buyers must obtain the strata title and lease documentation before exchange of contracts, calculating the residual lease length and considering whether it aligns with their intended holding period and eventual resale horizon.

How does proximity to Katong Park MRT station influence property demand and capital appreciation?

The Thomson-East Coast Line's opening in 2024, culminating in the Katong Park station just 570 metres away, represents a material enhancement to this location's investment profile. MRT proximity directly correlates with rental demand, tenant quality, and capital appreciation in Singapore's residential market; properties within a five-minute walk of major transport nodes typically command premiums of 8% to 15% relative to comparable units in less accessible locations. Meyer Blue's positioning benefits from this infrastructure investment, which was not available to the same locale even three years ago. Demand from expatriate and professional tenants—the primary market for four-bedroom units in this price band—is substantially elevated by assured, frequent public transport connectivity to employment hubs, educational institutions, and CBD amenities. Capital appreciation potential is similarly enhanced; properties near recently opened MRT stations often experience above-market appreciation during the initial 3-5 year window following station opening, as the transport node becomes embedded into commuting patterns and investment awareness spreads. However, buyers should note that this appreciation uplift is typically front-loaded into current pricing; future appreciation will likely revert to longer-term neighbourhood trends once the MRT infrastructure matures.

Which buyer profiles—high-net-worth individuals, upgraders, first-time buyers, or investors—would Meyer Blue suit best?

Meyer Blue's S$4.48 million price point and four-bedroom configuration make it exceptionally well-suited to established families upgrading from smaller properties and high-net-worth owner-occupiers seeking premium lifestyle properties in established locations. The spacious floor plate and multiple bathrooms directly address the comfort expectations of affluent owner-occupiers, whilst the Katong neighbourhood's maturity and cultural vibrancy appeal to discerning families with deep Singapore roots. For property investors, Meyer Blue offers solid fundamentals—strong tenant demand for four-bedroom units, stable neighbourhood, established rental market—though the substantial purchase price and ABSD liability of S$671,850 to S$895,800 create a relatively high capital threshold. First-time property buyers would be unlikely candidates at this price point and would benefit from entry-level options substantially lower in price. High-net-worth individuals drawn to Katong's established prestige and transport connectivity represent the most natural buyer cohort. Investors considering Meyer Blue should model scenarios assuming 2.5% to 3% gross rental yields and 15% ABSD obligations to assess whether risk-adjusted returns justify the capital deployment relative to alternative investments. The property represents a mature, lower-volatility residential offering—suited to those prioritising stability and lifestyle over speculative appreciation.

What are the TDSR and mortgage financing headroom considerations at the S$4.48 million price point?

Total Debt Service Ratio (TDSR) regulations stipulate that borrowers' aggregate monthly debt servicing costs cannot exceed 60% of gross monthly income. For a S$4.48 million property, a typical 70% loan-to-value mortgage would require borrowing approximately S$3.1 million, resulting in monthly servicing costs of roughly S$16,500 to S$18,000 (depending on interest rates and loan tenure). To support this debt service ratio, a borrower would need gross monthly income of approximately S$27,500 to S$30,000, equivalent to annual income of S$330,000 to S$360,000. This threshold positions Meyer Blue firmly within the market segment of senior professionals, executives, and established business owners; average Singapore household incomes fall substantially short of these requirements. Lenders actively financing residential property purchases at this price point include the major local banks (DBS, OCBC, UOB) and premium private banking segments, which may offer slightly more flexible TDSR interpretation for high-net-worth clients. Prospective buyer-occupiers should obtain formal pre-approval from their bank before proceeding, confirming available borrowing capacity and approved loan-to-value ratios. The substantial purchase price and associated debt service costs mean that cash-down payments of 30% or more—representing S$1.34 million—are common for buyers wishing to maintain financial flexibility and reduce vulnerability to interest rate movements.

How does Meyer Blue compare to other four-bedroom developments in the immediate neighbourhood?

Meyer Blue's competitive set includes other four-bedroom developments within walking distance or a short drive from Katong Park MRT, such as properties in nearby streets and established condominium projects across the Katong-Joo Chiat precinct. Comparable developments would include mid-to-large units in buildings completed between 2010 and 2020, commanding prices in the S$3.8 million to S$5.2 million range depending on exact location, floor level, and unit condition. Competitive advantages for Meyer Blue would likely centre on MRT proximity, internal configuration efficiency, and potential building reputation or amenity offering. Prospective buyers should conduct comparative viewings across at least three comparable properties, evaluating factors including internal layout, natural light, bathroom finish, building maintenance standards, and facilities provisioning. The availability of comparable properties in the immediate vicinity provides transparency and competitive discipline; buyers should avoid overpaying relative to genuinely comparable alternatives merely due to marketing presentation or agent persuasion. Katong's established status means that the four-bedroom segment is relatively well-supplied with options, giving buyers meaningful choice and negotiating leverage if pursuing purchase.

Which unit stack or floor level would deliver the best value within Meyer Blue?

Within Singapore's residential market, mid-level units (typically floors 8 to 15) generally offer the strongest value proposition relative to premium penthouses and lower-level units. Higher floor levels command significant premiums—typically 2% to 4% per additional floor—reflecting preferences for unobstructed views, perceived prestige, and reduced noise from street-level traffic. However, these premiums often exceed the genuine utility difference experienced by residents, particularly in established neighbourhoods like Katong where the skyline remains relatively low-rise. Lower-level units (floors 2 to 5) may trade at modest discounts relative to mid-levels, yet offer genuine benefits including reduced elevator waiting times, faster emergency egress, and potential ground-floor proximity to building amenities. For value-conscious buyers prioritising capital efficiency over status positioning, mid-level units on quieter building sides represent optimal compromise between lifestyle amenity and purchase price. East or north-facing units typically command modest premiums over west-facing alternatives (which experience afternoon heat gain), though this premium is less pronounced in Katong's established, tree-lined environment than in newly developed districts. Buyers should inspect specific units across multiple floors and orientations, evaluating views, natural light, noise environment, and ventilation patterns against asking prices to identify genuine value outliers.

What is the future supply pipeline for residential development in the Katong-East Coast district?

The Katong-Joo Chiat precinct is well-established, with limited remaining greenfield development potential and strong conservation protections over heritage shophouse areas. Unlike growth districts such as the eastern expanses of Singapore, Katong's future supply growth is constrained to modest infill redevelopment of older apartment blocks and occasional condominium rejuvenation projects. The Urban Redevelopment Authority's land use planning designates the neighbourhood for preservation of its established character, limiting wholesale redevelopment and sustaining property values through supply constraint. Recent infrastructure investment—notably the Katong Park MRT station opening in 2024—has completed the major public capital works programme for the district, meaning future appreciation will rest on broader market dynamics rather than transformative new transport infrastructure. Bordering districts, particularly around Paya Lebar and Eunos, may see more substantial residential supply additions, potentially creating alternative options for buyers seeking similar accessibility at lower prices. Buyers of Meyer Blue should understand that they are acquiring property in an essentially stable, low-growth-supply neighbourhood, positioning the investment as a mature, lower-volatility option rather than one offering speculative appreciation upside from future redevelopment. This supply constraint supports long-term value retention for well-maintained properties but also limits the explosive appreciation potential associated with growth districts experiencing major infrastructure or redevelopment transformation.

Meyer Blue 4-bed condo, Meyer Road – S$4.48M near Katong Park