RPS · Resale Project Scorecard
Mera Springs — Grade A
RPS score 7.11/10 · D08 · Farrer Park, Little India · 129 units · scored across 7 weighted factors — methodology published.
FH · MCL LAND (PROPERTY MANAGEMENT) PTE LTD · TOP 2008
Strong project with clear strengths. Standout strengths: tenure, capital appreciation. Key weaknesses: future transformation, total returns.
Factor breakdown
- Project's Historical Performance25% weight
- 9/10
- Primary School Effect20% weight
- 8/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +4.22% — top-quartile performance within its 2008-era cohort (80th percentile).
3 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.32km). Strong school proximity — a genuine advantage for young families.
129 units — boutique development. Lower transaction frequency and limited shared facilities.
0.68km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.
Rental yield of 2.58% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 0.99km, far enough that the impact on this project is modest.
Primary schools within 1km: ST. Joseph's Institution Junior, Farrer PARK Primary School, Anglo-Chinese School (Junior).
The verdict· Scores updated September 2026
Mera Springs scores 7.11 out of 10 on the TRIBE Resale Project Scorecard, Grade A, ranking 301st of 2,357 resale condos scored in Singapore and 5th of 70 in District 8 (Farrer Park, Little India). Its strongest factors are Tenure (10/10) and Project's Historical Performance (9/10); its weakest is Rental Yield (3/10). Strong project with clear strengths. Standout strengths: tenure, capital appreciation. Key weaknesses: future transformation, total returns.
See all 70 scored condos in District 8 (Farrer Park, Little India) →
RPS · Resale Project Scorecard
Recent resale transactions at Mera Springs
12 months to September 2026 (Oct 2025 – Sep 2026): 2 resale transactions, median $2,003 psf, median price $2.52M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | — | — | — |
| Jan–Mar 2026 | 1 | $1,935 psf | $2.50M |
| Apr–Jun 2026 | 1 | $2,070 psf | $2.54M |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 2 | $2,003 psf | $2.52M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Mera Springs: frequently asked questions
Answers generated from the scorecard data — RPS rank 301st of 2,357, scores updated September 2026.
- Is Mera Springs a good buy in 2026?
- Mera Springs scores 7.11/10 on the TRIBE Resale Project Scorecard (Grade A), which places it 301st of 2,357 Singapore resale condos and 5th of 70 in District 8 (Farrer Park, Little India). Strong project with clear strengths. Standout strengths: tenure, capital appreciation. Key weaknesses: future transformation, total returns. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Mera Springs?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 2 resale transactions at Mera Springs, at a median of $2,003 psf and a median price of $2.52M (range $1,935 psf to $2,070 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Mera Springs from the nearest MRT station?
- Mera Springs is about 680m from Novena MRT (NS20), scoring 7/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Mera Springs compare with Oxford Suites?
- Oxford Suites is the project scored next to Mera Springs on the District 8 ranking: 7.13 (Grade A) against Mera Springs's 7.11 (Grade A). Mera Springs scores higher on Project Size (5 vs 3) and Project's Historical Performance (9 vs 8); Oxford Suites scores higher on Primary School Effect (8 vs 10) and MRT Proximity (7 vs 8).
- Which primary schools are within 1km of Mera Springs?
- 3 primary schools are within 1km of Mera Springs: ST. Joseph's Institution Junior, Farrer PARK Primary School, Anglo-Chinese School (Junior). 3 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.32km). Strong school proximity — a genuine advantage for young families. Mera Springs scores 8/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Mera Springs, and how big is the project?
- Mera Springs is freehold, completed in 2008, has 129 units, developed by MCL LAND (PROPERTY MANAGEMENT) PTE LTD. Freehold tenure — no lease decay concerns, preserves long-term value. 129 units — boutique development. Lower transaction frequency and limited shared facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Mera Springs in Farrer Park, Little India
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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