RPS · Resale Project Scorecard
Meridian 38 — Grade B
RPS score 5.66/10 · D15 · East Coast, Marine Parade · 19 units · scored across 7 weighted factors — methodology published.
FH · JVA TELOK KURAU PTE LTD · TOP 2015
Solid, middle-of-the-pack project. Standout strengths: schools, tenure. Key weaknesses: total returns, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 10/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 2/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +0.37% — below-median performance vs same-vintage peers (32th percentile of 2015-era cohort).
4 primary schools within 1km (nearest: CHIJ (KATONG) PRIMARY at 0.43km). Exceptional school catchment — strong appeal for families with young children.
19 units — very small project; niche product with thin resale market.
0.62km from Marine Terrace Mrt Stn (TE27) — short walk to MRT, good transport convenience.
Rental yield of 2.43% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Paya Lebar Air Base redevelopment at 3.21km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: CHIJ (Katong) Primary, TAO NAN School, HAIG Girls' School, NGEE ANN Primary School.
RPSResale Project Scorecard
Scored either side of Meridian 38 in East Coast, Marine Parade
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.