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The Merlot

Apartment · in Kallang, District 8, Singapore · Freehold · Completed 2009

Data through 28 August 2026

The Merlot property photo and location

The Merlot property photo 1 in Singapore
The MerlotView in map

Intro: The Merlot is a boutique 42-unit freehold residence in District 8 that offers a compact, functional living space within easy reach of both Novena and Farrer Park MRT stations 🚆.
Good to know: St. Joseph's Institution Junior is located within a 1km radius 🏫; Features a balanced unit mix with an equal split of 1, 2, and 3-bedroom layouts; Completed in 2009 and situated in the central Kallang planning area 📍.
Practical note: while the location is highly accessible, the project's scale is modest, so residents should expect a more private, low-key environment rather than a facility-heavy lifestyle 🏢.

D8RCRCentralKallang
On this pageProperty photoProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs
REALSCOREⓘ
Profitability rank across Singapore
2.3
Annual Returns
Avg annualized profit (past 1y)
4.0%
< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Top 20
Schools
Mega
Development
< 10y
Property Age
100%
Profitable
50+
Deals Past Yr

The Merlot project details

Street
Keng Lee Road
Developer
Fragrance Properties Pte Ltd
Property Type
Apartment
Completion
2009
Total Units
42
Plot Ratio
2.8
Unit Size
517 - 1,098 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
21

MRT and LRT stations near The Merlot

  • Novena711 m · MRTNS20
  • Farrer Park749 m · MRTNE8
  • Little India761 m · MRTDT12NE7
See details on nearby stations

Primary schools near The Merlot

  • St. Joseph'S Institution Junior365 m
  • Farrer Park Primary School547 m
  • Anglo-Chinese School (Junior)810 m
See details on nearby schools

The Merlot price, PSF and transaction trends

41%
HDB Buyers
$72.7M+
Total Transacted
17-09-2006
First Transacted
28-08-2026
Last Transacted
93
Total Transactions

The Merlot transaction volume

The Merlot transaction volume023462017 · Resale: 320172018 · Resale: 620182019 · Resale: 120192020 · Resale: 120202021 · Resale: 220212022 · Resale: 120222023 · Resale: 220232026 · Resale: 22026
New SaleSub SaleResale

Among the latest 12 recorded sales for The Merlot, the median price was S$1,024,000 and the median PSF was S$1,378 psf. The newest record shown is from 28 August 2026. The annual project median was 10.8% higher in 2026 than in 2017; unit mix can affect year-to-year comparisons.

Recent The Merlot transactions

DateSale typePricePSFSize
28 August 2026ResaleS$1,780,000S$1,621 psf1,098 sqft
11 March 2026ResaleS$1,220,000S$1,382 psf883 sqft
12 May 2023ResaleS$1,320,000S$1,495 psf883 sqft
1 February 2023ResaleS$800,000S$1,548 psf517 sqft
24 May 2022ResaleS$998,000S$1,131 psf883 sqft

The Merlot median transaction PSF (S$)

The Merlot median transaction PSF (S$)05001.0K1.5K2.0K2017 · Median PSF: 1.4K20172018 · Median PSF: 1.2K20182019 · Median PSF: 1.5K20192020 · Median PSF: 1.1K20202021 · Median PSF: 1.4K20212022 · Median PSF: 1.1K20222023 · Median PSF: 1.5K20232026 · Median PSF: 1.5K2026

The Merlot annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$1,500,000S$1,502 psf2
2023S$1,060,000S$1,522 psf2
2022S$998,000S$1,131 psf1
2021S$725,000S$1,403 psf2
2020S$988,000S$1,119 psf1
2019S$790,000S$1,529 psf1
2018S$1,070,000S$1,212 psf6
2017S$750,000S$1,355 psf3
94.1%
% Profitable
48
Profitable
3
Unprofitable
22
> 6% Annualized
5.7 yrs
Avg Holding
$11.8M
Total Profits

The Merlot annualized profit %

The Merlot annualized profit %0.0%1.0%2.0%3.0%4.0%2017 · Average Annualized Profit: 2.3%20172018 · Average Annualized Profit: 3.5%20182019 · Average Annualized Profit: 1.9%20192020 · Average Annualized Profit: 3.5%20202021 · Average Annualized Profit: 2.8%20212022 · Average Annualized Profit: 0.5%20222023 · Average Annualized Profit: 2.9%20232026 · Average Annualized Profit: 4.0%2026
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The Merlot rental prices and estimated yield

Past 1 month
$4.95
Avg PSF Rental
10
No. of Rentals
4.0%
Est. Rental Yield

Among the latest 12 recorded rental contracts for The Merlot, the median monthly rent was S$3,200, with records ranging from S$2,800 to S$4,700.

Recent The Merlot rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 August 20263 BRS$4,700S$4 psf1000-1100
1 August 20261 BRS$3,200S$6 psf500-600
1 July 20261 BRS$2,800S$5 psf500-600
1 July 20261 BRS$2,900S$5 psf500-600
1 June 20261 BRS$3,100S$6 psf500-600

The Merlot rental volume

The Merlot rental volume01020302019 · Rentals: 1220192020 · Rentals: 1420202021 · Rentals: 1020212022 · Rentals: 2120222023 · Rentals: 1320232024 · Rentals: 1420242025 · Rentals: 820252026 · Rentals: 122026
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Frequently asked questions about The Merlot

How much do units at The Merlot cost?

The latest 12 recorded sales show a median price of S$1,024,000 and a median of S$1,378 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The Merlot?

The latest recorded median monthly rent is S$3,200 and the estimated rental yield based on the past six months is 4.0%. Rental yield is indicative and can vary by unit and costs.

Is The Merlot freehold or leasehold?

The Merlot has a tenure of Freehold.

When was The Merlot completed and who developed it?

The Merlot was completed in 2009, the developer is Fragrance Properties Pte Ltd, and the project has 42 units.

Which MRT or LRT station is nearest to The Merlot?

Novena is the nearest station shown, at an estimated straight-line distance of 711 metres.

Which primary schools are near The Merlot?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (365 m), Farrer Park Primary School (547 m), and Anglo-Chinese School (Junior) (810 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 28 August 2026. Figures are indicative and do not constitute financial advice.

Compare The Merlot with similar properties

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