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).
RPSResale Project Scorecard
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.