1 Meragi Close

Terrace House · in Tampines, District 16, Singapore · 999 yrs from 06/07/1885 · Completed 1997

Data through 19 April 2012

Intro: 1 Meragi Close is a terrace house located along Meragi Close within District 16 with a 999-year lease commencing on 6 July 1885. It was completed in 1997. So far it has been transacted a total of 3 times, amounting to $4.5M+ in total.

D16OCREastTampines

1 Meragi Close project details

Street

Meragi Close

Property Type

Terrace

Completion

1997

Total Units

-1

Unit Size

1,707 sqft

Tenure

999 yrs from 06/07/1885

Lease Remaining

858 yrs

Postal Sector

MRT and LRT stations near 1 Meragi Close

Upper Changi148 m MRTDT34
Simei717 m MRTEW3
Expo778 m MRTDT35CG1

See details on nearby stations

Primary schools near 1 Meragi Close

Changkat Primary School939 m

See details on nearby schools

1 Meragi Close price, PSF and transaction trends

67%

HDB Buyers

$4.5M+

Total Transacted

01-05-1999

First Transacted

19-04-2012

Last Transacted

Total Transactions

1 Meragi Close transaction volume

New SaleSub SaleResale

Among the latest 3 recorded sales for 1 Meragi Close, the median price was S$1,180,000 and the median PSF was S$691 psf. The newest record shown is from 19 April 2012. The annual project median was 94.9% higher in 2012 than in 1999; unit mix can affect year-to-year comparisons.

Recent 1 Meragi Close transactions

Date	Sale type	Price	PSF	Size
19 April 2012	Resale	S$2,300,000	S$1,347 psf	1,707 sqft
15 August 2006	Resale	S$1,050,000	S$615 psf	1,707 sqft
1 May 1999	New Sale	S$1,180,000	S$691 psf	1,707 sqft

1 Meragi Close median transaction PSF (S$)

1 Meragi Close annual price trend

Year	Median price	Median PSF	Recorded sales
2012	S$2,300,000	S$1,347 psf	1
2006	S$1,050,000	S$615 psf	1
1999	S$1,180,000	S$691 psf	1

50.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.5 yrs

Avg Holding

$1.1M

Total Profits

1 Meragi Close annualized profit %

View full details

Frequently asked questions about 1 Meragi Close

How much do units at 1 Meragi Close cost?

The latest 3 recorded sales show a median price of S$1,180,000 and a median of S$691 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 1 Meragi Close freehold or leasehold?

1 Meragi Close has a tenure of 999 yrs from 06/07/1885.

When was 1 Meragi Close completed?

1 Meragi Close was completed in 1997.

Which MRT or LRT station is nearest to 1 Meragi Close?

Upper Changi is the nearest station shown, at an estimated straight-line distance of 148 metres.

Which primary schools are near 1 Meragi Close?

The primary schools shown within the page’s one-kilometre search are Changkat Primary School (939 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 19 April 2012. Figures are indicative and do not constitute financial advice.