Meyer Blue is the project name for the Freehold Meyer Park, first launched for enbloc in July 2022 with a reserve price of $420m.
In their third and latest attempt, their collective sale has been relaunched at a lower price of $390m, which works out to approximately S$1,660 per sq ft per plot ratio.
And in Feb 2023, Meyer Park was successfully sold enbloc at $392.18 million, to United Venture Development (No 6), an 80/20 joint venture between UOL Group and Singapore Land Group.
For latest unit availability, please call Developer Hotline 61008108.
Meyer Blue's Official Developer Guide Prices are as follows:
🔹 FROM $2,9XX PSF
2BR Premium (667sqft)
from $1.9Xm
Mid Band 12-14th floor: $2.1Xm
2BR Premium + Study (710sqft)
from $2.1Xm
Mid Band 12-14th floor: $2.2Xm
3BR (990sqft)
from $2.9Xm
Mid Band 12-14th floor: $3.1Xm
3BR Premium (1141sqft)
from $3.3Xm
Mid Band 12-14th floor: $3.5Xm
4BR Premium (1518/1528sqft)
from $4.4Xm
Mid Band 12-14th floor $4.7Xm
4BR Premium + Study (1733sqft)
from $5.1Xm
Mid Band 12-14th floor $5.3Xm
5BR Suites (1905sqft)
from $5.6Xm
Mid Band 12-14th floor $6.0Xm
Penthouses (2949/2992sqft)
from $10.0Xm
The Meyer Blue Showflat is located along Holland Road, before Bukit Sedap Road.
Showflat visits are by appointment, do call hotline 61008108 to book an appointment before heading over!
Project Name | Meyer Blue |
Developer | United Venture Development (Meyer Blue) Pte Ltd. / JV between UOL & SingLand |
Location / Address | 83 Meyer Road, Singapore 437910 81 Meyer Road, Singapore 437908 (Management Office) |
Enbloc Details | Purchase Price : $392.18mil, Land Cost: $1,668psf ppr |
District | 15 |
Project Description | 29-Jan-2024 | Written Permission Proposed Residential Flat Development Comprising of 1 Block of 26-Storey Apartment (Total 226 units), 1 level of Basement Carpark, Swimming Pool, and Communal Facilities on Lot 04029P MK 25 at Meyer Road (Marine Parade Planning Area) |
Tenure | Freehold |
Land Size | 8,981.1sqm / 96,672sqft |
No. of Units | 226 units |
Building Height | A single 26-Storey Tower + Basement Parking |
Distance to MRT | 550m (5-6 mins) to Katong Park MRT 700m (7-8 mins) to Tanjong Katong MRT |
Project Architect | P & T Group Pte Ltd |
Landscape Architect | Henning Larsen (previously known as Ramboll Studio Dreiseitl Singapore) |
Project Interior Designer | Peter Tay Studio Index Design Pte Ltd |
Download the Meyer Blue Preliminary eBrochure here:
LAND SIZE (SQM) | 8,981 |
MASTER PLAN GFA (SQM) | 25,143 |
MASTER PLAN PLOT RATIO | 2.8 |
PROJECT NAME | MEYER PARK |
STREET NAME | MEYER ROAD |
PROPERTY TYPE | CONDOMINIUM |
TENURE | FREEHOLD |
DISTRICT / PLANNING AREA | D15 / MARINE PARADE |
COMPLETION | 1985 |
NUMBER OF UNITS | 60 UNITS |
Credit : EdgeProp
Credit : EdgeProp
Keen interest is expected in upcoming launches after dry spell, but take-up will hinge on pricing
SOME 2,300 new private homes are expected to be marketed in the third quarter of 2024, with up to nine project launches said to be lined up between now and end-September.
No. | Project Name | Developer | Location | District | Tenure | Est Units | Est Launch |
1 | Kassia | Hong Leong Holdings, CDL and TID | Flora Drive | 17 | Freehold | 276 | Jul-24 |
2 | Sora | SingHaiyi, CEL Development and KSH Holdings | Yuan Ching Road | 22 | 99 | 440 | Jul-24 |
3 | Arina East Residences | ZACD Group | Tanjong Rhu Road | 15 | Freehold | 107 | Q3 2024 |
4 | Bagnall Haus | Roxy Pacific Holdings | Upper East Coast Road | 16 | Freehold | 113 | Q3 2024 |
5 | Bukit Timah Link | Bukit Sembawang | Bukit Timah Link | 21 | 99 | 160 | Q3 2024 |
6 | Meyer Blue | UOL and SingLand | Meyer Road | 15 | Freehold | 226 | Q3 2024 |
7 | Emerald Of Katong | Sim Lian | Jalan Tembusu | 15 | 99 | 847 | Q3/Q4 2024 |
8 | Pine Grove (Parcel B) | MCL Land and Sinarmas Land | Pine Grove | 21 | 99 | 552 | Q3/Q4 2024 |
9 | The Chuan Park | Kingsford Development and MCC Land | Lorong Chuan | 19 | 99 | 916 | Q3/Q4 2024 |
10 | The Green Collection | Garcha Group | Cove Drive | 4 | 99 | 20 | Q3/Q4 2024 |
11 | Union Square Residences | CDL | Keng Cheow Street | 1 | 99 | 366 | Q3/Q4 2024 |
12 | Aurea | Far East Organization, Perennial Holdings and Sino Land | Beach Road | 7 | 99 | 186 | Q4 2024 |
13 | Champions Way | CDL | Champions Way | 25 | 99 | 348 | Q4 2024 |
14 | Marina Gardens Lane | Kingsford-led consortium | Marina Gardens Lane | 1 | 99 | 790 | Q4 2024 |
15 | Marina View Residences | IOI Properties | Marina View | 1 | 99 | 683 | Q4 2024 |
16 | Tampines Ave 11 | UOL, SingLand and CapitaLand | Tampines Ave 11 | 18 | 99 | 1,195 | Q4 2024 |
17 | The Collective at One Sophia | SingHaiyi, CEL Development and KSH Holdings | Sophia Road | 9 | 99 | 367 | Q4 2024 |
Total | 7,591 |
10 Feb 2023
Third time’s the charm for Meyer Park, which has been sold for $392.18 million, a notch higher than its guide price of $390 million.
The freehold sea-fronting residential property was sold to United Venture Development (No 6), an 80/20 joint venture between UOL Group and Singapore Land Group.
Depending on the apartment size, each unit stands to receive approximately $5.25 million to $7.26 million from the collective sale, sole marketing agent Edmund Tie said on Thursday evening.
Located at 81 and 83 Meyer Road, Meyer Park sits on a land area of approximately 8,981.1 sq m, with 60 apartment units.
Including a land betterment charge of about $90.9 million, the land rate works out to approximately $1,668 per sq ft per plot ratio, which factors in a 7 per cent bonus floor area.
“The tender award demonstrates that sites with strategic location and exceptional attributes, coupled with a reasonable asking price, will garner strong interest from developers that are understandably becoming selective in their site acquisitions,” said Ms Swee Shou Fern, head of investment advisory at Edmund Tie.
17 Jan 2023
FREEHOLD sea-fronting Meyer Park has been relaunched for collective sale at a lower reserve price of S$390 million after its two previous attempts closed without a sale.
The District 15 condo was first launched on Jul 25 last year with a reserve price of S$420 million. It was relaunched at the same reserve price on Oct 13, with the tender again closing on Nov 2 without a deal.
Located at 81 & 83 Meyer Road, Meyer Park sits on a land area of approximately 96,672 square feet (sq ft). With an estimated land betterment charge of about S$90.9 million, the land rate at the current reserve price works out to approximately S$1,660 per sq ft per plot ratio (psf ppr), including a 7 per cent bonus floor area.
13 Oct 2022
FREEHOLD sea-fronting Meyer Park has been relaunched for collective sale at the same reserve price of S$420 million after the previous attempt closed on Sep 9 without a sale.
The land betterment charge for the 96,672 square foot (sq ft) site at 81 and 83 Meyer Road is now about S$90.9 million, which works out to a land rate of around S$1,764 per sq ft per plot ratio (psf ppr), including a 7 per cent bonus floor area. This compares with a land rate of about S$1,720 psf ppr in its Jul 25 launch, when the development charge was a lower S$78.2 million.
Under Master Plan 2019, the site is zoned for residential use with a plot ratio of 2.8. Including the bonus floor area, the maximum allowable gross floor area works out to some 289,628 sq ft.
25 Jul 2022
A FREEHOLD seafront residential site at 81 and 83 Meyer Road has been launched for collective sale at a reserve price of S$420 million.
This works out to a land rate of about S$1,720 per square feet per plot ratio (psf ppr) after factoring in a development charge of S$78.2 million, which factors in a 7 per cent bonus floor area.
Zoned "residential" with a plot ratio of 2.8 per cent, the District 15 site has a land area of about 96,672 sq feet (sq ft) with an 88-metre frontage facing the sea. Its maximum allowable gross floor area spans some 289,628 sq ft after factoring in a bonus floor area of 7 per cent.