Meraprime
Meraprime is a 99-year lease (76 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 31 recorded private transactions. Latest sale: $3,020,000 (May 2026, 122 sqm, floors 06-10). Median $1,906/sqft. Prices up 30.6% over the period. 76 years lease remaining.
Where Meraprime ranks in District 03
All 35 projects ›Median psf over time
Estimate a unit at Meraprime
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.28% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,804 | 3 |
| 06-10 | $1,906 | 3 |
| 11-15 | $1,721 | 4 |
| 16-20 | $1,967 | 7 |
| 21-25 | $2,068 | 6 |
| 26-30 | $1,942 | 2 |
| 31-35 | $1,858 | 6 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| May 2026 | 06-10 | Resale | 122 sqm | $3,020,000 | $2,300 |
| Feb 2026 | 31-35 | Resale | 122 sqm | $2,830,000 | $2,155 |
| Aug 2025 | 16-20 | Resale | 102 sqm | $2,350,000 | $2,140 |
| Jun 2025 | 21-25 | Resale | 102 sqm | $2,288,888 | $2,085 |
| Apr 2025 | 11-15 | Resale | 109 sqm | $2,388,000 | $2,035 |
| Feb 2025 | 26-30 | Resale | 122 sqm | $2,700,000 | $2,056 |
| Dec 2024 | 01-05 | Resale | 109 sqm | $2,308,000 | $1,967 |
| Dec 2024 | 16-20 | Resale | 104 sqm | $2,268,000 | $2,026 |
| Oct 2024 | 16-20 | Resale | 122 sqm | $2,626,000 | $2,000 |
| Sep 2024 | 21-25 | Resale | 122 sqm | $2,580,000 | $1,965 |
| Apr 2024 | 21-25 | Resale | 104 sqm | $2,330,000 | $2,081 |
| Dec 2023 | 21-25 | Resale | 78 sqm | $1,808,000 | $2,153 |
| Nov 2023 | 21-25 | Resale | 104 sqm | $2,300,000 | $2,055 |
| Jul 2023 | 16-20 | Resale | 102 sqm | $2,160,000 | $1,967 |
| Apr 2023 | 06-10 | Resale | 78 sqm | $1,600,000 | $1,906 |
| Feb 2023 | 31-35 | Resale | 122 sqm | $2,530,000 | $1,927 |
| Nov 2022 | 01-05 | Resale | 78 sqm | $1,515,000 | $1,804 |
| Oct 2022 | 31-35 | Resale | 109 sqm | $2,115,888 | $1,803 |
| Oct 2022 | 16-20 | Resale | 109 sqm | $2,098,000 | $1,788 |
| Aug 2022 | 31-35 | Resale | 102 sqm | $2,040,000 | $1,858 |
| Aug 2022 | 26-30 | Resale | 122 sqm | $2,400,000 | $1,828 |
| Jul 2022 | 16-20 | Resale | 102 sqm | $1,900,000 | $1,731 |
| Jul 2022 | 16-20 | Resale | 102 sqm | $1,960,000 | $1,785 |
| Jul 2022 | 11-15 | Resale | 102 sqm | $1,980,000 | $1,803 |
| Jul 2022 | 01-05 | Resale | 107 sqm | $1,850,000 | $1,606 |
Meraprime is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Private condos and apartments closest to Meraprime, with their median resale psf. Useful for comparing what Meraprime costs per square foot against nearby developments.
About Meraprime
Meraprime in District 03 (Tiong Bahru / Alexandra / Queenstown) has been a strong performer, with median psf up roughly 30.6% over the period (about 5.7% a year). Its $1,906 psf median sits about 9% below the District 03 median, cheaper than about 60% of projects there. It has a regular flow of transactions, with 31 sales between 2021-07 and 2026-05, ranging from $1,515,000 to $3,020,000. The most recent transaction was a 122 sqm unit (floors 06-10) at $3,020,000 in May 2026, and the median is $1,906 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 76 years remaining is 0.9268, an annual lease decay of about 0.28%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Meraprime cost?
The most recent transaction at Meraprime was $3,020,000 for a 122 sqm unit in 2026-05. The median price is $1,906 per square foot across 31 transactions, ranging from $1,515,000 to $3,020,000. Data sourced from URA.
Is Meraprime freehold or leasehold?
Meraprime is on a 99-year lease commencing in 2003, with approximately 76 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.28%.
What is the price per square foot (psf) at Meraprime?
The median price at Meraprime is $1,906 psf, with transactions ranging from $1,583 to $2,300 psf. This is based on 31 URA-recorded transactions in District 03.
Have prices at Meraprime gone up or down?
Prices at Meraprime have increased by approximately 30.6% over the data period (around 5.7% a year). The median price is currently $1,906 psf, with the most recent sale at $3,020,000 in 2026-05.