THE ATRIA AT MEYER
How is this worked out? — this project’s 5 sub-scores, from its own data
The Atria At Meyer is a freehold project in D15 Marine Parade with 2.0% gross yield, thin liquidity. It sits ~2.1 km from the Kallang Alive / Kampong Bugis growth node (under construction).
- Capital growth buyers
- pure rental-yield investors
- Confirm the exact unit stack, facing and floor — our figures are project medians.
- Stress-test cashflow at +1–2% interest in the calculator below.
Investment report
A plain-language read on The Atria At Meyer — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.
- In the Kallang Alive / Kampong Bugis URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
- Active rental market — 41 recent lease contracts at a healthy ~2.0% gross yield.
- Well-sized 158-unit project — larger developments trade at firmer $psf and resell faster.
- Katong Park MRT Station MRT within ~349 m — walkable transit underpins rent and resale.
- Freehold — no lease decay, so strong long-horizon holding power.
- Entry $psf sits ~50% above nearby projects (within ~2.0 km) — a location/quality premium that has to keep being earned.
- Thin liquidity (4 sales/12 mo) — a slower, choppier exit and a softer price signal.
- High quantum (typical unit ~$3,192,712) narrows the resale buyer pool.
- Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
How The Atria At Meyer compares in D15
The nearest comparable D15 condos — matched on size, age, MRT distance and building height. Our fair-value model puts The Atria At Meyer at about $2,405 psf; it trades at $2,515 psf, ~5% above that — Above fair value.
| The Seafront On Meyer327 units · 2010 · comparable | $2,507 psf |
| Hawaii Tower135 units · 1984 · comparable | $2,095 psf |
| The Belvedere167 units · 2007 · comparable | $2,690 psf |
| The Atria At Meyer — this project | $2,515 psf |
Comparables trade near their own fair value, so they anchor the level. A gap is a research lead, not a valuation — see the full screen.
Fair-value range
Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.
| Recent project median $psfexcludes ground & top-floor units | $2,494 psf |
| Same-size, recent compsfloor of ±25% size band, recency-weighted | $2,372 psf |
| Nearby projectsmedian $psf of projects within ~2.0 km | $1,665 psf |
| Rental-yield-supportedrent $psf × 12 ÷ 3.4% target gross yield | $1,454 psf |
| HomeVestor fair range | $1,728–$2,244 psf ≈ $2,325,888–$3,020,424 for a ~1,346 sqft unit |
See the D15 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).
How is this worked out? — the value bases & combined range
Buy · Watch · Avoid
Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.
Price trend
6-month rolling median $psf · excludes ground & top floor
Long-run trend — project vs. market
Indexed to 100 at 2021 · 2021–2026
Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.
Popular schools nearby
Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.
Location & neighbourhood
Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.
Nearest MRT: Katong Park MRT Station · ~349 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.
About this project
| Project Name | THE ATRIA AT MEYER |
| Street Name | Meyer Road |
| Property Type | Condominium |
| Tenure | Freehold |
| District / Planning Area | D15 / Marine Parade |
| Completion | 1996 |
| Number of units | 158 units |
| Highest floor in the project | 24 |
| Developer | — |
| Land Area (sqm) | 12,047 |
| Master Plan Plot Ratio | 2.8 |
All transactions (26)
Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.
| Date ↕ | Address ↕ | Size (sqft) ↕ | $psf ↕ | Price ↕ |
|---|
Rental transactions (215)
Individual private-residential lease contracts, newest first — official URA Data Service. Size is URA’s banded floor area (sqft); the unit number and floor are not disclosed. Click any column heading to sort.
6-month rolling median $psf/month · from individual URA rental contracts
| Lease date ↕ | Size (sqft) ↕ | Beds ↕ | Monthly rent ↕ | $psf/mo ↕ |
|---|