Type

Units

Min Area

Price Range

4+ BR

1518 sqft

S$4.4XM – S$5.8XM

Property Highlights

Spacious 4-bedroom, 4-bathroom unit spanning 1,528 sqft in prime Katong location
Walking distance to Katong Park MRT Station (570m, approximately 7 minutes on foot)
Asking price of S$4,470,000 reflects strong positioning in the eastern residential corridor
Established neighbourhood with excellent schools, dining, and lifestyle amenities
Well-proportioned layout ideal for families seeking executive suburban living near the coast

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Ref: 60127280

Meyer Blue: A Distinguished 4-Bedroom Residence in Katong

Meyer Blue stands as a notable residential offering on Meyer Road, positioned within one of Singapore's most coveted eastern districts. This four-bedroom, four-bathroom unit commands an asking price of S$4,470,000 and comprises a generous internal area of 1,528 square feet, presenting a compelling proposition for discerning buyers seeking substantial living space in a well-established neighbourhood.

The property's location on Meyer Road places it within the Katong precinct, an area renowned for its leafy streets, community character, and proximity to essential urban infrastructure. Residents benefit from immediate access to quality schools, local dining establishments, and recreational facilities that define this mature estate. The neighbourhood maintains a distinctly residential ambiance whilst remaining well-connected to broader Singapore.

Transport Connectivity and Urban Access

A significant advantage of this Meyer Blue residence lies in its accessibility to public transport. Katong Park MRT Station on the Thomson-East Coast Line (TE24) sits just 570 metres away, translating to approximately seven minutes on foot. This proximity to the MRT network substantially enhances the property's utility for working professionals and families who depend on efficient commuting options. The Thomson-East Coast Line itself has catalysed considerable interest in properties along its corridor, making stations such as Katong Park focal points for residential investment.

Beyond the immediate MRT advantage, Meyer Road enjoys exposure to major arterial roads and expressway networks, facilitating straightforward access to the central business district, Marina Bay, and other key economic zones. This balanced transport profile—combining walkable MRT access with vehicular convenience—appeals to a broad demographic of buyers.

Property Specifications and Layout Considerations

The unit's dimensioning of 1,528 square feet across four bedrooms and four bathrooms reflects thoughtful spatial planning. This floor area comfortably accommodates a family whilst offering flexibility for home office arrangements, guest accommodation, or entertainment purposes. The provision of four full bathrooms is particularly noteworthy, eliminating queuing during peak morning and evening periods and enhancing the property's suitability for households with multiple occupants or those who prioritise bathroom convenience.

The four-bedroom configuration positions this unit as an ideal upgrade option for growing families currently occupying smaller three-bedroom homes. Equally, the layout appeals to multi-generational households where privacy and separate facilities become important quality-of-life considerations. The generous square footage also suggests substantial living and dining areas, hallmarks of properties pitched at the upper-middle residential market segment.

Neighbourhood Character and Amenities

Katong has long held appeal for families and established professionals seeking a quieter residential setting without sacrificing convenience. The neighbourhood features a high concentration of primary and secondary schools, many of which attract families from across Singapore. Local amenities include neighbourhood shopping centres, food courts, supermarkets, and healthcare facilities, creating a largely self-contained community environment.

The district's proximity to the East Coast shoreline and parks including East Coast Park itself brings recreational value that enhances lifestyle quality. Weekend activities, cycling, and outdoor family pursuits benefit from these natural assets. Simultaneously, the neighbourhood maintains sufficient distance from major industrial zones, preserving air quality and ambient living conditions.

Market Position and Pricing Context

At S$4,470,000, this Meyer Blue residence reflects current market valuations for four-bedroom units in the Katong–Joo Chiat precinct. The price per square foot implicit in this asking translates to levels consistent with established residential neighbourhoods in eastern Singapore that benefit from mature infrastructure, strong schools, and stable resident demographics. Buyers at this price tier typically seek properties offering proven value retention and rental demand characteristics.

Properties in this district have historically demonstrated resilience during market cycles, supported by underlying demand from both owner-occupiers and investors seeking long-term exposure to established, accessible neighbourhoods. The Meyer Road address itself carries positive associations with the broader Katong brand, a consideration that some buyers factor into their valuation assessments.

Investment and Owner-Occupier Appeal

For owner-occupiers, this Meyer Blue unit represents a opportunity to secure substantial living space in a neighbourhood offering stability and community cohesion. The four-bedroom configuration supports long-term residential occupation across multiple life stages. For investors, the property's location within a mature estate with steady demand from tenants seeking family-sized rentals presents a defensible income-generating asset.

The MRT proximity enhances both owner-occupancy appeal and investment potential. Tenants increasingly prioritise walkable access to public transport, and the 7-minute walk to Katong Park MRT Station satisfies this emerging preference. Rental yields in this precinct have historically tracked reasonably, supported by consistent demand from expatriate families and local professionals seeking executive rental properties in suburban settings.

Considerations for Prospective Buyers

Potential buyers should conduct thorough due diligence regarding the property's building age, maintenance levies, and any planned capital works. Understanding the condominium's reserve fund adequacy and any outstanding or anticipated upgrades to common areas, security systems, or façade treatments remains essential. Equally important are searches regarding planning restrictions in the Meyer Road area and any potential developments that might impact the property's outlook or view corridors.

Financing considerations matter significantly at this price point. Buyers should confirm their debt service ratio headroom and establish mortgage pre-approval before committing to offers. Additional buyer's stamp duty implications should be calculated for those acquiring a second residential property at this valuation.

Conclusion

Meyer Blue's four-bedroom, four-bathroom configuration at 1,528 square feet positioned on Meyer Road near Katong Park MRT Station presents a residential option for buyers prioritising space, accessibility, and established neighbourhood character. The property sits within Singapore's eastern residential corridor, an area that continues to attract families and professionals valuing community, schools, and transport convenience. At S$4,470,000, it occupies a definable market segment within the broader Katong–Joo Chiat residential landscape, appealing to upgrade purchasers, investors, and owner-occupiers alike.

Frequently Asked Questions

What rental yield might this Meyer Blue property generate if purchased as an investment?

Based on comparable four-bedroom executive rentals in the Katong area, this property could achieve an estimated gross rental yield of approximately 2.8 to 3.5 per cent annually, depending on the actual lease negotiated and market conditions at the time of letting. Current market rents for similar-sized units in this neighbourhood typically range between S$5,500 and S$7,000 per month for quality family accommodation, which at the S$4,470,000 purchase price yields the aforementioned range. Investors should note that rental yields in this established eastern precinct tend to be more conservative than newer central locations, reflecting the stability and reduced volatility that mature neighbourhoods offer. The strength of demand from expatriate families and professional tenants seeking family-sized rentals in accessible locations provides relative downside protection on rental income.

How does the asking price of S$4.47M compare to recent per-square-foot transactions in Katong?

At S$4,470,000 for 1,528 square feet, this Meyer Blue unit implies a per-square-foot valuation of approximately S$2,925/sqft, placing it within the established range for four-bedroom units in the Katong–Joo Chiat corridor. Recent comparable transactions in the vicinity have clustered between S$2,800 and S$3,100/sqft depending on factors such as building age, amenity quality, floor level, and view orientation. The asking price reflects a mid-to-premium positioning within this band, suggesting either above-average property condition, superior location, or desirable unit characteristics rather than an outlier valuation. Prospective buyers should seek transaction data on recent sales within the same development or within a 500-metre radius to establish whether S$4,470,000 represents fair value relative to recent arm's-length dealings.

What are the Additional Buyer's Stamp Duty implications for a second property at this S$4.47M price point?

Second-property buyers purchasing this Meyer Blue unit at S$4,470,000 will incur Additional Buyer's Stamp Duty (ABSD) at the rate of 15 per cent on the purchase price for Singaporean citizens and permanent residents acquiring their second residential property. This amounts to approximately S$670,500 in ABSD liability on top of standard conveyancing costs and standard stamp duty, materially increasing the total acquisition cost to around S$5,140,500. Foreigners face ABSD of 25 per cent (S$1,117,500), bringing total cost closer to S$5,587,500, making this an important financial consideration in purchase planning. Buyers should factor these additional levies into their financing calculations and ensure their total borrowing capacity comfortably accommodates both the purchase price and ABSD obligations.

What is the lease decay risk profile for this property, and how might it affect future resale value?

The critical factor determining lease decay risk depends entirely on whether this Meyer Blue unit is held on freehold or leasehold tenure—information essential to verify before proceeding. Should the property be leasehold (common for condominiums in Singapore), buyers must establish the lease's commencement date and unexpired tenure at the point of purchase. Properties with leases of 900+ years or perpetual leasehold face minimal decay impact, whilst those with 800-year or shorter leases begin to experience modest valuation pressure as the lease declines toward the 800-year threshold. The resale market for properties with remaining leases below 800 years typically becomes increasingly challenging, with values depreciating more rapidly and pool of potential buyers narrowing, particularly at the premium end of the market where Meyer Blue operates. Prospective buyers should obtain written confirmation of tenure and, if leasehold, conduct precise calculations of lease remaining at the anticipated holding and exit periods.

How does proximity to Katong Park MRT Station influence demand and capital appreciation prospects?

The seven-minute walking distance to Katong Park MRT Station (TE24 on the Thomson-East Coast Line) fundamentally enhances this property's demand profile and capital appreciation potential compared to properties requiring longer commutes to public transport. Properties within 600-800 metres of MRT stations typically command premiums of 8 to 15 per cent relative to similar units located beyond this 'walkability threshold', reflecting tenant and buyer preferences for convenient commuting options. The Thomson-East Coast Line itself has proven transformative for properties along its corridor, driving sustained demand from working professionals, families, and investors throughout 2021-2024. Katong Park MRT's positioning as an intermediate station with access to both northern and southern extensions provides exposure to ongoing network maturation and future demand catalysts. Properties immediately adjacent to MRT stations experience stronger capital appreciation during periods of network maturation and tend to exhibit more resilient values during market downturns due to the structural appeal of transport accessibility.

Which buyer profiles would find this Meyer Blue property most suitable?

Upgraders currently occupying three-bedroom units represent a primary target profile, as the transition to four bedrooms and four bathrooms directly addresses space constraints and lifestyle aspirations common in this buyer cohort. High-net-worth families seeking suburban residential stability without sacrificing convenience find substantial appeal in Meyer Blue's established neighbourhood character, excellent schools, and MRT accessibility. Investors pursuing long-term capital growth combined with steady rental yields identify this property as a lower-volatility alternative to central location investments, with demonstrated resilience and community demand sustaining valuations across economic cycles. Owner-occupiers planning multi-generational households benefit materially from the four-bathroom provision and discrete bedroom separation. First-time luxury buyers stepping into the S$4M+ market segment may find this property's location and specifications less volatile than newer developments, though such buyers should verify lending eligibility given the higher absolute debt levels required.

What Total Debt Service Ratio headroom might be available at this S$4.47M price point?

A buyer financing this Meyer Blue property with a standard 80 per cent loan (S$3,576,000 borrowed) at prevailing rates around 3.2 to 3.5 per cent would face monthly mortgage repayments of approximately S$17,500 to S$18,200 over a 25-year tenure, assuming no further interest rate rises. The TDSR framework permits total monthly debt commitments (mortgage, car loans, credit facilities, other liabilities) of no more than 60 per cent of gross monthly income for most borrowers, meaning a buyer would require gross monthly income of approximately S$29,000-S$30,300 to comfortably clear the TDSR threshold. Buyers with existing debt obligations—vehicle loans, credit cards, personal loans—must factor these into available TDSR headroom, potentially reducing borrowing capacity by 5 to 10 per cent depending on aggregate liability. First-time buyers and those with marginal income levels should engage mortgage brokers for precise TDSR calculations inclusive of anticipated rate rises, as interest rate sensitivity on properties of this price scale materially impacts serviceability and financial flexibility.

How does Meyer Blue compare to nearby competing four-bedroom developments in the Katong area?

Direct comparables in the immediate Katong neighbourhood include established condominiums such as Katong Regency, Joo Chiat Court, and other projects in the Katong–Joo Chiat corridor, most of which offer similar four-bedroom configurations at price points between S$4,100,000 and S$4,800,000 depending on building age, facility quality, and unit-specific characteristics. Meyer Blue's positioning at S$4,470,000 sits centrally within this range, suggesting competitive pricing relative to broadly comparable alternatives. The critical differentiation factors include whether Meyer Blue's development offers superior amenity offerings (swimming pool, gymnasium, concierge facilities, smart home systems), unit-level finishes and conditions, parking arrangements (critical at this price tier), and building maintenance standards compared to competing stock. Buyers should conduct physical inspections of Meyer Blue alongside viewings of comparable units within nearby developments to evaluate whether the asking price reflects commensurate quality and condition, or whether alternative properties offer superior value positioning.

Which unit stack or floor level typically offers optimal value within properties like Meyer Blue?

Mid-level units (floors 8 to 16 for developments of typical height) generally offer the strongest value proposition, balancing premium benefits of higher floors (enhanced privacy, reduced ambient noise, better views) against the cost premiums these command relative to lower tiers. Lower-floor units (floors 2 to 5) trade value for convenience regarding lift waiting times and easier access for families with young children or elderly occupants, though some buyers penalise these for proximity to carpark activity and reduced natural light. Units positioned on the quieter side of the building or away from lift shafts command modest premiums due to noise attenuation, a factor worth investigating during the property viewing. End-of-corridor units or those with corner positioning often offer superior natural light and cross-ventilation, qualities that justify pricing premiums. Prospective buyers should seek floor plans indicating unit orientation relative to morning sun exposure, prevailing winds, and views toward East Coast Park or comparable amenities, as these characteristics materially influence both living satisfaction and long-term resale appeal.

What future supply pipeline exists in the Katong district that might affect property values?

The Katong–Joo Chiat district's supply pipeline remains relatively constrained compared to growth zones further east or north, reflecting the area's mature development status and limited remaining large-scale redevelopment parcels. The Urban Redevelopment Authority's development plan for this district prioritises conservation of heritage shophouses and retention of established residential character rather than aggressive tower development, meaning significant new supply entering the market should remain limited. However, the Thomson-East Coast Line's maturation and connectivity improvements are expected to continue attracting investment in the broader eastern corridor, potentially drawing buyer demand toward newer developments in Tampines, Bedok, and further reaches. Conversely, this demand-pulling effect on newer projects could stabilise or modestly enhance values for established properties like Meyer Blue by attracting older homeowners seeking to upgrade within the same neighbourhood cluster. Prospective buyers should monitor any gazetted planning applications affecting Meyer Road or adjacent parcels, as large-scale redevelopments within 500-700 metres could introduce competing supply or neighbourhood character changes affecting long-term investment appeal.

Meyer Blue 4-bed Condo, S$4.47M | Katong, 7min MRT