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Home/District 23 - Bukit Batok, Bukit Panjang/MERA GARDENS

MERA GARDENS

District 23OCR99 yrs lease commencing from 1994PropertyGuru

Project Details

Address
ALMOND STREET
Property Type
Detached
Total Units
N/A
Est. TOP
~1998
Tenure
99 yrs lease commencing from 1994
Price by Bedroom (median, 3yr)
5-Bed*
$3,850,000
8 txns
* Bedroom count estimated from floor area (this project is not catalogued on EdgeProp.sg).
Median PSF (3yr)
$1451
8 transactions
Lease too short to normalize meaningfully (under 40yr remaining).

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

Could not load schools, MRT, and supply data right now.

PSF Trend

Transaction prices per square foot

More projects in District 23 - Bukit Batok, Bukit Panjang ->
Last 3 years
  • MERA GARDENSOCR
    Dec 2025 · D23 · 5-Bed* · 5,966 sqft · fl -
    $6,500,000
    $1,089 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Jun 2025 · D23 · 5-Bed* · 1,657 sqft · fl -
    $2,800,000
    $1,690 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Sep 2024 · D23 · 5-Bed* · 5,933 sqft · fl -
    $3,850,000
    $649 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Mar 2024 · D23 · 5-Bed* · 1,612 sqft · fl -
    $2,750,000
    $1,705 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Feb 2024 · D23 · 5-Bed* · 7,444 sqft · fl -
    $5,250,000
    $705 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Nov 2023 · D23 · 5-Bed* · 1,871 sqft · fl -
    $2,750,000
    $1,470 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Aug 2023 · D23 · 5-Bed* · 1,640 sqft · fl -
    $2,380,000
    $1,451 psf
    — norm
    Resale
  • MERA GARDENSOCR
    Aug 2023 · D23 · 5-Bed* · 5,966 sqft · fl -
    $4,000,000
    $670 psf
    — norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
MERA GARDENS23OCR5*-5,966$6,500,000$1,089—Dec 2025Resale
MERA GARDENS23OCR5*-1,657$2,800,000$1,690—Jun 2025Resale
MERA GARDENS23OCR5*-5,933$3,850,000$649—Sep 2024Resale
MERA GARDENS23OCR5*-1,612$2,750,000$1,705—Mar 2024Resale
MERA GARDENS23OCR5*-7,444$5,250,000$705—Feb 2024Resale
MERA GARDENS23OCR5*-1,871$2,750,000$1,470—Nov 2023Resale
MERA GARDENS23OCR5*-1,640$2,380,000$1,451—Aug 2023Resale
MERA GARDENS23OCR5*-5,966$4,000,000$670—Aug 2023Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.