Type

Units

Min Area

Price Range

2 BR

883 sqft

S$2.6M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$2.6M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$510K on this acquisition.
Located 10 min (860 m) from TE25 Tanjong Katong MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

The Meyerise: Contemporary Living at Tanjong Katong

The Meyerise stands as a compelling residential offering in one of Singapore's most sought-after eastern precincts. Situated along Meyer Road in the heart of Katong, this development captures the essence of modern condominium living whilst maintaining proximity to some of the island's most vibrant cultural and culinary attractions. The location places residents within easy reach of established shopping, dining, and entertainment nodes, making it an increasingly attractive choice for both owner-occupiers and property investors.

Strategic Location and Transport Connectivity

One of the defining strengths of The Meyerise is its proximity to Tanjong Katong MRT station on the Circle Line. Located approximately 860 metres away—a mere ten-minute walk—the station provides seamless connectivity to the wider urban network. This accessibility transforms the development into a strategic hub for professionals working across multiple employment centres and for families seeking convenient access to schools, healthcare facilities, and recreational amenities throughout Singapore. The Circle Line's integration with the broader MRT network means residents can reach the central business district, major shopping malls, and cultural institutions with minimal friction.

The Katong Neighbourhood: Established Appeal

Katong has evolved into one of Singapore's most mature and desirable residential neighbourhoods, characterised by its eclectic architecture, thriving restaurant scene, and strong sense of community. The area maintains a distinctive personality that sets it apart from newer, more homogeneous developments elsewhere. Local favourites, independent retailers, and heritage shophouses coexist alongside contemporary retail spaces, creating an environment that appeals to discerning residents who value authenticity alongside modern convenience. The neighbourhood's established character translates into sustained demand for housing, as both local families and expatriate professionals recognise the unique appeal of the precinct.

Development Specifications and Unit Offerings

The Meyerise provides a range of thoughtfully designed apartments, with units commencing from S$2.55 million. The development incorporates modern construction standards and contemporary architectural principles, ensuring that every residence meets current expectations for comfort, functionality, and aesthetic appeal. Unit configurations reflect intelligent space planning, with layouts that maximise natural light and ventilation whilst accommodating diverse lifestyle requirements. Whether purchasing as a primary residence or as part of an investment portfolio, buyers will find floor plans that cater to their specific needs and aspirations.

Investment Dynamics and Market Position

The Eastern Region, and Katong in particular, has demonstrated consistent capital appreciation over the past decade. The Meyerise benefits from this broader market momentum, supported by sustained rental demand from professionals and families unable or unwilling to commit to longer lease terms. The development's proximity to Tanjong Katong MRT station enhances its appeal to tenants, particularly those reliant on public transport. Historical transaction data for comparable properties in the immediate vicinity suggests that well-maintained units in this location command competitive psf valuations and experience steady upward price pressure over medium to long timeframes.

Suitability for Diverse Buyer Profiles

The Meyerise caters to multiple buyer archetypes. For upgraders, the development offers a compelling alternative to ageing Housing and Development Board flats or smaller private apartments, providing enhanced space and contemporary amenities. High-net-worth individuals appreciate the location's prestige and the development's quality construction, viewing it as a solid core holding within a diversified real estate portfolio. First-time private property buyers find the entry point accessible, particularly those with substantial accumulated savings or family financial support. Investors recognise the stable rental pipeline in the eastern corridor and the development's strong positioning within that market segment.

Market Context and Supply Considerations

The Katong and surrounding Eastern Region market has experienced measured new supply in recent years, with competing developments launched across the broader district. However, the scarcity of large-scale new projects directly comparable to The Meyerise means that demand for quality apartments in this specific location remains robust. Buyers should evaluate The Meyerise alongside other recent launches in the area—such as developments across the broader East Coast and Marine Parade districts—to establish a comprehensive understanding of current market pricing and unit specifications. Such comparative analysis ensures that purchasing decisions reflect genuine value rather than assumption.

Practical Considerations for Purchasers

Prospective buyers must factor in Additional Buyer's Stamp Duty (ABSD) at the prevailing rate of 20% if acquiring The Meyerise as a second residential property. This duty applies to Singapore Citizens and must be accounted for within total acquisition costs. Financing considerations also warrant careful evaluation; typical property prices at The Meyerise may require substantial mortgage facilities, necessitating thorough assessment of Total Debt Service Ratio (TDSR) headroom and personal financial capacity. Engaging a qualified mortgage broker or financial advisor ensures that all funding arrangements remain prudent and sustainable across varying interest rate environments.

Why The Meyerise Merits Consideration

The Meyerise represents a well-executed residential development in a location that combines established neighbourhood character with modern urban connectivity. The development's proximity to Tanjong Katong MRT station, combined with Katong's reputation as a vibrant, mature precinct, positions it favourably within the competitive Singapore property market. For those seeking exposure to the Eastern Region's sustained demand dynamics, coupled with a lifestyle environment that transcends generic suburban developments, The Meyerise offers a compelling proposition. The combination of quality construction, intelligent space planning, strategic location, and market positioning makes it worthy of serious consideration within a balanced property acquisition strategy.

Frequently Asked Questions

What is the estimated rental yield for units at The Meyerise if purchased as an investment property?

Rental yields for apartments in the Katong and Eastern Region typically range from 2.5% to 3.5% per annum, depending on exact unit configuration, floor level, and market cycle timing. The Meyerise's proximity to Tanjong Katong MRT station enhances its appeal to tenants, particularly expatriate professionals and younger families reliant on public transport. Conservative investors should model yields at the lower end of this spectrum (2.5% to 3%) when stress-testing investment returns, as rental markets can soften during economic downturns; however, historical data suggests that well-maintained apartments in this location attract consistent tenant enquiries and command stable rents across market cycles.

How does The Meyerise's pricing compare to recent per-square-foot transactions in the Katong and East Coast area?

Comparable recent transactions in the Katong precinct and immediate Eastern Region suggest psf price points ranging from approximately S$2,800 to S$3,200 for quality apartments in well-located developments. The Meyerise's pricing structure positions units within this competitive band, reflecting the development's location advantage and contemporary specification standards. Purchasers should request detailed comparable transaction data from their conveyancing solicitor or property consultant to verify that The Meyerise's per-square-foot valuation aligns with recent arm's-length sales in the immediate area; such due diligence ensures that acquisition prices reflect fair market value rather than premium pricing reflecting marketing or promotional positioning.

What are the ABSD implications for Singapore Citizens purchasing at The Meyerise as a second residential property?

Singapore Citizens acquiring a second residential property at The Meyerise will incur Additional Buyer's Stamp Duty (ABSD) at the rate of 20% of the purchase price. For a property valued at S$2.55 million, this equates to approximately S$510,000 in ABSD, substantially increasing total acquisition costs beyond the base purchase price. First-time property buyers are exempt from ABSD; however, those replacing an existing residential property must carefully evaluate whether the 20% duty can be accommodated within their total budget and financing capacity. Purchasers should consult the Inland Revenue Authority of Singapore (IRAS) or engage a qualified tax adviser to clarify personal ABSD liability before committing to a transaction.

What is the lease tenure at The Meyerise, and how does lease decay affect long-term resale value?

The Meyerise is a freehold development, meaning that units carry unlimited ownership duration with no lease decay risk. Freehold status eliminates concerns about declining property values as a lease approaches expiry, a significant advantage over leasehold properties that experience accelerating value depreciation below the 30-year threshold. This indefinite ownership tenure enhances capital preservation and makes The Meyerise particularly attractive for long-term holders and estate planning purposes. Freehold status also simplifies future refinancing and sale transactions, as mortgagees and purchasers encounter no lease-expiry complications that otherwise restrict lending appetite or buyer pools for leasehold properties in their final decades.

How does the proximity to Tanjong Katong MRT station impact demand and capital appreciation prospects for The Meyerise?

MRT proximity is among the strongest determinants of residential demand and price appreciation in Singapore; properties within 800-1,000 metres of MRT stations typically command measurable premiums over equivalently-sized apartments in car-dependent locations. The Meyerise's 860-metre walk to Tanjong Katong station positions it firmly within the 'highly accessible' category, enhancing appeal to tenants and owner-occupiers alike. This transport advantage has historically translated into sustained capital appreciation, with Eastern Region properties experiencing average annual gains of 2-4% per annum across medium-term holding periods (5-10 years). The Circle Line's integration into the broader MRT network, coupled with ongoing transport infrastructure projects across Singapore, suggests that transport accessibility will remain a critical value driver, underpinning long-term appreciation momentum for The Meyerise.

Which buyer profiles are best suited to purchasing at The Meyerise?

The Meyerise appeals to multiple buyer archetypes with distinct motivations. Upgraders seeking to transition from HDB flats or smaller private apartments find compelling value in the contemporary specifications and mature neighbourhood setting. High-net-worth individuals view the development as a stable, liquid core holding offering modest but reliable appreciation and attractive rental yields as supplementary income. First-time private property buyers benefit from attainable entry prices (relative to comparable locations) and the development's strong transport connectivity, which typically supports faster tenant turnover and lower vacancy risk should owner-occupancy prove impractical. Property investors recognise the Eastern Region's sustained rental demand and appreciate the freehold status, which eliminates future lease complications affecting asset longevity.

What TDSR and financing headroom considerations apply to typical The Meyerise purchase prices?

For a S$2.55 million purchase at The Meyerise, typical mortgage facilities may range from S$1.53 million to S$1.91 million (assuming 60-75% loan-to-value financing), requiring buyers to furnish S$640,000 to S$1.02 million in cash downpayment and acquisition costs. TDSR regulations limit monthly debt servicing obligations to 60% of gross household income; for a S$1.7 million mortgage financed across 25-30 years at current interest rates (~3.5-4%), monthly instalments typically approximate S$8,000-S$9,000. Purchasers must ensure household gross monthly income exceeds approximately S$13,300-S$15,000 to remain comfortably within TDSR limits and maintain headroom for other committed debts. Prudent buyers should engage mortgage brokers to stress-test financing scenarios across rising interest rate environments, ensuring that repayment capacity remains sustainable even if rates climb 1-2 percentage points above current levels.

How does The Meyerise compare to competing developments in the broader Katong and East Coast district?

The Eastern Region has witnessed measured new supply across recent years, with competing developments dispersed across the broader Katong, East Coast, and Marine Parade precincts. The Meyerise's core competitive strengths centre on its direct MRT proximity, freehold status, and Meyer Road location within the most vibrant Katong neighbourhood nodes. Other developments in the district may offer larger floor plates or more extensive common facilities; however, few rival The Meyerise's combination of location desirability and transport accessibility. Prospective purchasers benefit from undertaking comparative site inspections across competing projects, evaluating unit layouts, architectural coherence, maintenance standards, and management track records. Such comparative assessment ensures that The Meyerise is selected on merit relative to genuine alternatives, rather than on basis of marketing persuasion or isolated pricing snapshots.

Which unit stacks or floor levels at The Meyerise typically offer the best value proposition?

Lower floor units (typically storeys 3-8) often attract slight psf discounts relative to mid-level apartments, reflecting buyer preferences for higher vantage points and reduced ambient noise from ground-level activity. Mid-storey units (storeys 10-18) commonly command the highest per-square-foot valuations, balancing privacy with practical accessibility and perceived prestige. However, lower-floor units frequently deliver superior rental yields, as tenants often prioritise convenience and lease cost over elevated views, meaning lower-storey apartments attract more consistent tenant enquiries and typically command tighter rental spreads. Investment-focused purchasers should evaluate lower-floor units as potential value sources, particularly where substantial discounts offset modest prestige reduction. Conversely, owner-occupiers may justify mid-storey premium pricing based on personal lifestyle preferences and long-term ownership satisfaction.

What is the future supply pipeline for residential developments in the broader Katong and Eastern Region, and how might this affect The Meyerise's appreciation prospects?

The Eastern Region, including Katong and surrounding precincts, has experienced increasingly constrained land availability, with most viable development sites either already built-upon or reserved for non-residential uses (industrial, commercial, conservation). Recent Government Land Sales (GLS) releases in the district have slowed markedly compared to earlier development cycles, suggesting that large-scale new residential supply will remain limited across the foreseeable future. This supply constraint, combined with sustained demand from both owner-occupiers and investors, positions The Meyerise favourably for continued appreciation momentum. However, buyers should monitor Government and Urban Redevelopment Authority announcements regarding potential GLS releases or area-wide rejuvenation initiatives that might alter the competitive landscape. Over medium to long timeframes (7-10+ years), restricted new supply should provide a supportive backdrop for capital preservation and appreciation, particularly if Singapore's population and immigration policies remain aligned with historical trends.

Condominium At 93 Meyer Road — From S$2.6M