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Le Merritt

Apartment · District 15 (Marine Parade / Katong / Joo Chiat) · Outside Central Region · Freehold · Updated Jul 2024 Freehold

Le Merritt is a freehold apartment development in District 15 (Marine Parade / Katong / Joo Chiat). It has 6 recorded private transactions. Latest sale: $1,708,000 (Jul 2024, 92 sqm, floors 01-05). Median $1,662/sqft. Prices up 13.7% over the period.

Latest Sale
$1,708,000
Jul 2024 · 92 sqm
Median Price
$1,662/sqft
$1,645,000 typical unit
Transactions
6
$1,435–$1,725 psf
Price Trend
▲ 13.7%
~5.6% a year

Where Le Merritt ranks in District 15

All 274 projects ›
Median psf
Top 48%
#131 / 274 Top 48%
Typical unit price
Top 58%
#160 / 274 Top 58%
Most recent sale
Top 62%
#169 / 274 Top 62%
Price growth
Top 64%
#131 / 205 Top 64%

Median psf over time

Estimate a unit at Le Merritt

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.6%/yr
Growth scenario
In 5 years

Freehold development — no lease decay applied. Projection is pure market growth. Past growth does not guarantee future performance. Not financial advice.

Recent transactions

DateFloorType AreaPricepsf
Jul 2024 01-05 Resale 92 sqm $1,708,000 $1,725
Jun 2024 01-05 Resale 130 sqm $2,300,000 $1,644
Apr 2024 01-05 Resale 88 sqm $1,590,000 $1,679
Feb 2024 01-05 Resale 92 sqm $1,700,000 $1,717
May 2022 01-05 Resale 92 sqm $1,421,000 $1,435
Mar 2022 01-05 Resale 92 sqm $1,538,000 $1,553
Showing 6 of 6 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Le Merritt is inside the 1 km Primary 1 priority zone for 4 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Le Merritt, with their median resale psf. Useful for comparing what Le Merritt costs per square foot against nearby developments.

More condos in District 15
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Le Merritt

Le Merritt in District 15 (Marine Parade / Katong / Joo Chiat) is a freehold apartment development in the Outside Central Region, a tenure that holds value without lease-decay drag. Its $1,662 psf median tracks close to the District 15 median. It has a relatively light transaction record, with 6 sales between 2022-03 and 2024-07, ranging from $1,421,000 to $2,300,000. The most recent transaction was a 92 sqm unit (floors 01-05) at $1,708,000 in Jul 2024, and the median is $1,662 psf. Over the data window, prices here are up about 13.7% (about 5.6% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Le Merritt cost?

The most recent transaction at Le Merritt was $1,708,000 for a 92 sqm unit in 2024-07. The median price is $1,662 per square foot across 6 transactions, ranging from $1,421,000 to $2,300,000. Data sourced from URA.

Is Le Merritt freehold or leasehold?

Le Merritt is freehold development, so it is not subject to meaningful lease decay.

What is the price per square foot (psf) at Le Merritt?

The median price at Le Merritt is $1,662 psf, with transactions ranging from $1,435 to $1,725 psf. This is based on 6 URA-recorded transactions in District 15.

Have prices at Le Merritt gone up or down?

Prices at Le Merritt have increased by approximately 13.7% over the data period (around 5.6% a year). The median price is currently $1,662 psf, with the most recent sale at $1,708,000 in 2024-07.