Optima @ Tanah Merah
Optima @ Tanah Merah is a 99-year lease (81 yrs left) condominium development in District 16 (Bedok / Upper East Coast / Siglap). It has 56 recorded private transactions. Latest sale: $2,150,000 (May 2026, 117 sqm, floors 06-10). Median $1,444/sqft. Prices up 19.7% over the period. 81 years lease remaining.
Where Optima @ Tanah Merah ranks in District 16
All 61 projects ›Median psf over time
Estimate a unit at Optima @ Tanah Merah
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 0.23% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,379 | 20 |
| 06-10 | $1,467 | 22 |
| 11-15 | $1,416 | 14 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| May 2026 | 06-10 | Resale | 117 sqm | $2,150,000 | $1,707 |
| Apr 2026 | 06-10 | Resale | 81 sqm | $1,380,000 | $1,583 |
| Jan 2026 | 06-10 | Resale | 80 sqm | $1,300,000 | $1,510 |
| Jan 2026 | 06-10 | Resale | 92 sqm | $1,535,000 | $1,550 |
| Nov 2025 | 06-10 | Resale | 78 sqm | $1,280,000 | $1,525 |
| Oct 2025 | 06-10 | Resale | 93 sqm | $1,540,000 | $1,538 |
| Aug 2025 | 01-05 | Resale | 80 sqm | $1,280,000 | $1,486 |
| Jun 2025 | 11-15 | Resale | 275 sqm | $3,600,000 | $1,216 |
| Jun 2025 | 01-05 | Resale | 175 sqm | $2,400,000 | $1,274 |
| May 2025 | 01-05 | Resale | 133 sqm | $2,250,000 | $1,572 |
| May 2025 | 01-05 | Resale | 81 sqm | $1,310,000 | $1,503 |
| Mar 2025 | 06-10 | Resale | 90 sqm | $1,430,000 | $1,476 |
| Mar 2025 | 01-05 | Resale | 175 sqm | $2,430,000 | $1,290 |
| Dec 2024 | 06-10 | Resale | 102 sqm | $1,610,000 | $1,466 |
| Nov 2024 | 06-10 | Resale | 78 sqm | $1,188,000 | $1,415 |
| Oct 2024 | 01-05 | Resale | 117 sqm | $2,100,000 | $1,667 |
| Oct 2024 | 06-10 | Resale | 65 sqm | $1,046,000 | $1,495 |
| Sep 2024 | 06-10 | Resale | 78 sqm | $1,230,000 | $1,465 |
| Aug 2024 | 11-15 | Resale | 65 sqm | $1,020,000 | $1,458 |
| Jun 2024 | 01-05 | Resale | 102 sqm | $1,410,000 | $1,284 |
| Jun 2024 | 01-05 | Resale | 88 sqm | $1,470,000 | $1,552 |
| May 2024 | 01-05 | Resale | 117 sqm | $2,000,000 | $1,588 |
| May 2024 | 01-05 | Resale | 104 sqm | $1,380,000 | $1,233 |
| Feb 2024 | 06-10 | Resale | 116 sqm | $1,880,000 | $1,506 |
| Dec 2023 | 11-15 | Resale | 127 sqm | $2,060,000 | $1,507 |
Optima @ Tanah Merah is inside the 1 km Primary 1 priority zone for 1 primary school. 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 Optima @ Tanah Merah, with their median resale psf. Useful for comparing what Optima @ Tanah Merah costs per square foot against nearby developments.
About Optima @ Tanah Merah
Optima @ Tanah Merah is a leasehold condominium development in District 16 (Bedok / Upper East Coast / Siglap), within the Outside Central Region of Singapore. Its $1,444 psf median tracks close to the District 16 median. It has a regular flow of transactions, with 56 sales between 2021-07 and 2026-05, ranging from $660,000 to $3,600,000. The most recent transaction was a 117 sqm unit (floors 06-10) at $2,150,000 in May 2026, and the median is $1,444 psf. Over the data window, prices here are up about 19.7% (about 3.8% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 81 years remaining is 0.9384, an annual lease decay of about 0.23%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Optima @ Tanah Merah cost?
The most recent transaction at Optima @ Tanah Merah was $2,150,000 for a 117 sqm unit in 2026-05. The median price is $1,444 per square foot across 56 transactions, ranging from $660,000 to $3,600,000. Data sourced from URA.
Is Optima @ Tanah Merah freehold or leasehold?
Optima @ Tanah Merah is on a 99-year lease commencing in 2008, with approximately 81 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.23%.
What is the price per square foot (psf) at Optima @ Tanah Merah?
The median price at Optima @ Tanah Merah is $1,444 psf, with transactions ranging from $1,140 to $1,707 psf. This is based on 56 URA-recorded transactions in District 16.
Have prices at Optima @ Tanah Merah gone up or down?
Prices at Optima @ Tanah Merah have increased by approximately 19.7% over the data period (around 3.8% a year). The median price is currently $1,444 psf, with the most recent sale at $2,150,000 in 2026-05.