RPS · Resale Project Scorecard
Meyer Melodia — Grade D
RPS score 3.93/10 · D15 · East Coast, Marine Parade · 16 units · scored across 7 weighted factors — methodology published.
FH · Unknown · TOP 2017
Weak project — significant gaps in multiple factors. Standout strengths: MRT access, tenure. Key weaknesses: total returns, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 3/10
- Primary School Effect20% weight
- 2/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 10/10
- Rental Yield10% weight
- 0/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 0/10
Avg Ann. of +0.00% — below-median performance vs same-vintage peers (26th percentile of 2017-era cohort).
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
16 units — very small project; niche product with thin resale market.
90m from Katong Park Mrt Stn (TE24) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 1.23% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
No URA Masterplan transformation zone or upcoming MRT station within 3.5km of this project — minimal forward-looking infrastructure tailwind.
RPSResale Project Scorecard
Ranked in: The 3 Condos We Won't Recommend in Marine Parade / East Coast
Scored either side of Meyer Melodia 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.