RPS · Resale Project Scorecard
The Meyer Place — Grade D
RPS score 4.43/10 · D15 · East Coast, Marine Parade · 24 units · scored across 7 weighted factors — methodology published.
FH · Nest Development Pte Ltd · TOP 1993
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
- 5/10
- 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% — but from only 1 resale sale in the last 10 years, too thin a sample to read capital appreciation reliably, so the score is discounted toward the cohort average.
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
24 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 1.77% — 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.
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The verdict· Scores updated September 2026
The Meyer Place scores 4.43 out of 10 on the TRIBE Resale Project Scorecard, Grade D, ranking 2194th of 2,357 resale condos scored in Singapore and 417th of 436 in District 15 (East Coast, Marine Parade). Its strongest factors are MRT Proximity (10/10) and Tenure (10/10); its weakest is Future Transformation (0/10). Weak project — significant gaps in multiple factors. Standout strengths: MRT access, tenure. Key weaknesses: total returns, future transformation.
See all 436 scored condos in District 15 (East Coast, Marine Parade) →
RPS · Resale Project Scorecard
Recent resale transactions at The Meyer Place
12 months to September 2026 (Oct 2025 – Sep 2026): 2 resale transactions, median $2,062 psf, median price $2.91M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | — | — | — |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | 1 | $2,133 psf | $3.10M |
| Jul–Sep 2026 | 1 | $1,990 psf | $2.72M |
| 12-month total | 2 | $2,062 psf | $2.91M |
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.
The Meyer Place: frequently asked questions
Answers generated from the scorecard data — RPS rank 2194th of 2,357, scores updated September 2026.
- Is The Meyer Place a good buy in 2026?
- The Meyer Place scores 4.43/10 on the TRIBE Resale Project Scorecard (Grade D), which places it 2194th of 2,357 Singapore resale condos and 417th of 436 in District 15 (East Coast, Marine Parade). Weak project — significant gaps in multiple factors. Standout strengths: MRT access, tenure. Key weaknesses: total returns, future transformation. 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 The Meyer Place?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 2 resale transactions at The Meyer Place, at a median of $2,062 psf and a median price of $2.91M (range $1,990 psf to $2,133 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is The Meyer Place from the nearest MRT station?
- The Meyer Place is about 90m from Katong Park MRT (TE24), scoring 10/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does The Meyer Place compare with East View?
- East View is the project scored next to The Meyer Place on the District 15 ranking: 4.43 (Grade D) against The Meyer Place's 4.43 (Grade D). The Meyer Place scores higher on Primary School Effect (2 vs 1); East View scores higher on Rental Yield (0 vs 2).
- What is the tenure of The Meyer Place, and how big is the project?
- The Meyer Place is freehold, completed in 1993, has 24 units, developed by Nest Development Pte Ltd. Freehold tenure — no lease decay concerns, preserves long-term value. 24 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
Ranked in: The 3 Condos We Won't Recommend in Marine Parade / East Coast
Scored either side of The Meyer Place in East Coast, Marine Parade
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