Optima @TANAH Merah
REALSCOREⓘ
Profitability rank across Singapore
3.1
User Score
User ratings for this property
4.0
Annual Returns
Avg annualized profit (past 1y)
3.8%
Optima @Tanah Merah offers a highly accessible living environment in Bedok that places you just steps from Tanah Merah MRT station for effortless travel across the island 🚆.
Good to know: Completed in 2012 with 297 units across 14 storeys 🏢; Offers a diverse unit mix ranging from compact studios to expansive sky villas; Located within 1km of several schools including Bedok Green Primary and Anglican High 🏫.
Practical note: While the immediate proximity to the MRT station is a major plus for commuters, residents may find the surrounding area busier due to the high-traffic transport node.
< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Mega
Development
< 10y
Property Age
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Tanah Merah Kechil Avenue
Developer
Tid Pte Ltd
Property Type
Condominium
Completion
2012
Total Units
297
Plot Ratio
2.8
Unit Size
484 - 4,036 sqft
Tenure
99 yrs from 09/12/2008
Lease Remaining
81 yrs
Postal Sector
46
GLS Site
Land Use
Residential (Non-Landed)
Development Type
Residential
Site Area
9875.50
Plot Ratio
2.80
Permissible GFA
27652.00
GLS Launch
15-07-2008
Tender Closed
09-09-2008
Awarded
10-09-2008
Awarded To
TID Pte. Ltd.
Bids
7
Winning Tender
84000000.00
Land Rate (GFA)
3037.75
Land Rate (ppr)
282.22
Max GFA (Est.)
27652.00
Estimated Units
250
Nearby Stations
- Tanah MerahEW4
Nearby Primary Schools
- St. Anthony'S Canossian Primary School
- Bedok Green Primary School
Transaction
44%
Sold At Launch
40%
HDB Buyers
$545.8M+
Total Transacted
01-08-2009
First Transacted
01-07-2026
Last Transacted
523
Total Transactions
Transaction Volume
New SaleSub SaleResale
93.5%
% Profitable
215
Profitable
15
Unprofitable
112
> 6% Annualized
5.7 yrs
Avg Holding
$65.7M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| Studio | 32 | 10.77% | 484 - 797 sqft |
| 2 BR | 78 | 26.26% | 700 - 1,163 sqft |
| 2 BR + Study | 67 | 22.56% | 915 - 1,292 sqft |
| 3 BR | 65 | 21.89% | 1,195 - 1,948 sqft |
| 3 BR + Study | 13 | 4.38% | 1,259 - 1,948 sqft |
| 4 BR | 24 | 8.08% | 1,421 - 1,539 sqft |
| Penthouse | 16 | 5.39% | 1,346 - 2,336 sqft |
| Sky Villa | 2 | 0.67% | 2,960 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 88 | 465518 | 100.0% | 7.5% |
| 86 | 465517 | 93.5% | 7.9% |
| 78 | 465538 | 92.3% | 7.4% |
| 80 | 465514 | 91.9% | 7.6% |
| 82 | 465515 | 90.0% | 7.4% |
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