Mera Gardens
ALMOND STREET · D23
Median PSF · 12m
S$1,393
Median price · 12m
S$4.63M
Latest sale
S$2.75M
Jul 2026
1-year change
-17.6%
Sales · 12m
2
18 all time
Gross yield
5.06%
1 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +89.9%
- Annualised
- +21.8%
- Transactions
- 18
- 1 year
- -17.6%
- 3 years p.a.
- +0.5%
- 5 years p.a.
- —
- Median size
- 1,800 sqft
Against the neighbourhood
How it compares within D23
Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. All figures are medians over the last 12 months for private homes in this district.
| Measure | Mera Gardens | D23 median | Difference |
|---|---|---|---|
| Median PSF | S$1,393 | S$1,486 | -6.3% |
| Median price | S$4.63M | S$1.40M | +230.4% |
| Gross rental yield | 5.06% | 3.96% | +1.1 pts |
| 1-year price change | -17.6% | +4.5% | -22.1 pts |
This development trades about 6% below the D23 median price per square foot.
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$11,800
Contracts · 12m
1
Implied annual rent
S$142K
Gross yield
5.06%
| Unit type | Contracts | Median rent |
|---|---|---|
| All units | 1 | S$11,800 |
Investment analysis
Investment score 58 / 100
Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.
58/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Rental yieldweight 20%96
Gross yield against every other development in its segment.
- Liquidityweight 15%69
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%61
Distance to the nearest rail station, plus schools within 1 km. Nearest is Pending LRT at 540 m.
- Valuationweight 22%53
How its median price per square foot compares with its own district.
- Supply riskweight 10%35
Upcoming units recorded in the same district. Higher score means less competing supply.
- Price momentumweight 18%25
Three-year annualised change in median PSF, or one year where three is unavailable.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Pending LRT540 m
- Bangkit LRT920 m
- Petir LRT930 m
- Cashew MRT1.0 km
Schools within 2 km
- Bukit Panjang Primary Schoolprimary430 m
- Assumption English Schoolsecondary (s1-s5)590 m
- Assumption Pathway Schoolsecondary (s1-s4)780 m
- Chij Our Lady Queen Of Peaceprimary810 m
- Zhenghua Primary Schoolprimary1.0 km
- Greenridge Secondary Schoolsecondary (s1-s5)1.1 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
No upcoming supply is recorded nearby. URA pipeline data requires an API key, which is not configured, so this section may be incomplete.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jul 2026 | Terrace | S$2,750,000 | 1,620 sqft | S$1,698 | - | 66 yr 6 mo |
| Dec 2025 | Detached | S$6,500,000 | 5,966 sqft | S$1,089 | - | 67 yr 1 mo |
| Jun 2025 | Terrace | S$2,800,000 | 1,657 sqft | S$1,690 | - | 67 yr 7 mo |
| Sep 2024 | Detached | S$3,850,000 | 5,933 sqft | S$649 | - | 68 yr 4 mo |
| Mar 2024 | Terrace | S$2,750,000 | 1,612 sqft | S$1,705 | - | 68 yr 10 mo |
| Feb 2024 | Detached | S$5,250,000 | 7,444 sqft | S$705 | - | 68 yr 11 mo |
| Nov 2023 | Terrace | S$2,750,000 | 1,871 sqft | S$1,470 | - | 69 yr 2 mo |
| Aug 2023 | Detached | S$4,000,000 | 5,966 sqft | S$670 | - | 69 yr 5 mo |
| Aug 2023 | Terrace | S$2,380,000 | 1,640 sqft | S$1,451 | - | 69 yr 5 mo |
| Jun 2023 | Terrace | S$2,370,000 | 1,729 sqft | S$1,371 | - | 69 yr 7 mo |
| May 2023 | Terrace | S$2,550,000 | 1,620 sqft | S$1,574 | - | 69 yr 8 mo |
| Mar 2023 | Detached | S$4,300,000 | 5,956 sqft | S$722 | - | 69 yr 10 mo |
| Oct 2022 | Terrace | S$2,300,000 | 1,668 sqft | S$1,379 | - | 70 yr 3 mo |
| Sep 2022 | Detached | S$4,250,000 | 7,815 sqft | S$544 | - | 70 yr 4 mo |
| Aug 2022 | Terrace | S$2,138,000 | 1,871 sqft | S$1,143 | - | 70 yr 5 mo |
| Apr 2022 | Terrace | S$2,250,000 | 1,729 sqft | S$1,302 | - | 70 yr 9 mo |
| Nov 2021 | Detached | S$3,980,000 | 5,920 sqft | S$672 | - | 71 yr 2 mo |
| Nov 2021 | Terrace | S$1,928,000 | 1,729 sqft | S$1,115 | - | 71 yr 2 mo |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Michaels' Residences
S$1,627
+4.7%3 sales
Green Hill Estate
S$1,504
+3.9%1 sales
Cashew Villas
S$1,898
-19.7%3 sales2.0% yield
Maysprings
S$1,200
+3.3%17 sales4.9% yield
Foresque Residences
S$1,601
+0.1%14 sales3.6% yield
Narra Residences
S$2,165
—211 sales
The Botany At Dairy Farm
S$2,172
—4 sales2.9% yield
Cashew Park Condominium
S$1,634
+21.4%1 sales3.0% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.