CASA MERAH
TANAH MERAH KECHIL AVENUE · District 16 · 99 yrs lease commencing from 2006
Median Price
S$1.7M
Price Range
S$1.1M - S$2.8M
Tenure
Leasehold
Avg Rent
S$4.11 psf
What is the price of CASA MERAH?
The median transaction price at CASA MERAH is S$1,660,000, based on 115 URA-recorded transactions. Prices range from S$1.1M to S$2.8M. CASA MERAH is a leasehold development on TANAH MERAH KECHIL AVENUE in District 16 (Bedok). High-floor units cost 23% more than low-floor units. Average rent is S$4.11 per square foot per month.
CASA MERAH Price Analysis
CASA MERAH is a leasehold development on TANAH MERAH KECHIL AVENUE in District 16 (Bedok). According to URA transaction records, 115 private residential transactions have been recorded at this development, with a median price of S$1,660,000. Prices range from S$1.1M for the smallest units to S$2.8M for premium configurations.
The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,192,500. Larger units (5+ bed (170+ sqm)) trade at S$2,490,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at CASA MERAH. High-floor units (11-15) command a median of S$1,908,000, while low-floor units (01-05) sell for S$1,550,000. That is a 23% premium for higher floors, worth S$358K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, CASA MERAH commands an average of S$4.11 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.6%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$1.2M | 89 sqm | 34 |
| 3-Bed (100-130 sqm) | S$1.8M | 117 sqm | 60 |
| 4-Bed (130-170 sqm) | S$1.9M | 141 sqm | 18 |
| 5+ Bed (170+ sqm) | S$2.5M | 197 sqm | 3 |
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What is the average price of CASA MERAH?
The median transaction price at CASA MERAH is S$1,660,000, based on 115 URA-recorded transactions. Prices range from S$1.1M to S$2.8M.
Does floor level affect prices at CASA MERAH?
Yes. High-floor units (11-15) sell for a median of S$1,908,000, while low-floor units (01-05) sell for S$1,550,000. That is a 23% premium for higher floors.
What is the rental rate at CASA MERAH?
The average rental rate at CASA MERAH is approximately S$4.11 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.