RPS · Resale Project Scorecard
The View @ Meyer — Grade D
RPS score 4.53/10 · D15 · East Coast, Marine Parade · 45 units · scored across 7 weighted factors — methodology published.
FH · FIRST MEYER DEVELOPMENT PTE LTD · TOP 2009
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
- 1/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 0/10
Avg Ann. of +2.14% — near-median performance within its 2009-era cohort (43th percentile).
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
45 units — very small project; niche product with thin resale market.
110m from Katong Park Mrt Stn (TE24) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.07% — 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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RPSResale Project Scorecard
Scored either side of The View @ Meyer 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.