Le Merritt Price Trends & Market Analysis | Homejourney
Le Merritt in Lorong M Telok Kurau, District 15, shows steady price appreciation with current sale prices ranging from S$2,200 to S$2,800 PSF in 2026, driven by strong East Coast demand.
This cluster article on Le Merritt Price Trends and Market Analysis provides tactical insights for buyers and investors, linking back to our comprehensive pillar guide on Le Merritt D15: Units, Prices, Amenities & Investment Guide [Le Merritt D15: Units, Prices, Amenities & Investment Guide | Homejourney ">INTERNAL_LINK:blog-le-merritt-d15-units-prices-amenities-investment-guide-homejourney-202602031101]. Homejourney verifies all data for your safety, ensuring transparent decisions in Singapore's condo market.
Le Merritt Project Overview
Le Merritt is a freehold condominium development by a reputable developer, located at Lorong M Telok Kurau in Marine Parade, District 15 (East Coast). Completed with TOP in 2018, it offers 100 units across 1-4 bedroom layouts, catering to families and investors. Its prime position near East Coast Park enhances lifestyle appeal.
Unit sizes range from 500 sq ft for 1-bedroom to 1,800 sq ft for 4-bedroom penthouses. Facilities include a 50m lap pool, gym, BBQ pavilions, and 24-hour security with CCTV—key for Homejourney's user safety focus.
Current Price Trends in 2026
As of early 2026, Le Merritt condo prices average S$2,500 PSF for resale units, up 8% from 2024 per URA data. Absolute prices: 2-bedroom units (850-1,000 sq ft) sell at S$2.2M-S$2.6M; 3-bedroom (1,200 sq ft) at S$3.0M-S$3.5M. New launches nearby have pushed values higher due to limited supply.
Historical trends show 12% appreciation since TOP, outperforming D15 average of 9%. Insider tip: Units facing East Coast Park command 5-10% premium—check browse available units at Le Merritt on Homejourney for verified listings.
Price Comparison Table
| Unit Type | Size (sq ft) | 2026 Avg PSF | Absolute Price |
|---|---|---|---|
| 1-Bedroom | 500-700 | S$2,400 | S$1.2M-S$1.7M |
| 2-Bedroom | 850-1,000 | S$2,500 | S$2.2M-S$2.6M |
| 3-Bedroom | 1,200-1,400 | S$2,600 | S$3.0M-S$3.5M |
| 4-Bedroom/Penthouse | 1,500-1,800 | S$2,800 | S$4.2M-S$5.0M |
Disclaimer: Prices are estimates based on recent URA transactions; actual prices vary. Use Homejourney's verified data for accuracy.
Market Analysis: Factors Driving Le Merritt Prices
District 15's property investment appeal stems from proximity to Marine Parade MRT (Dakota station, 10-min walk) and ECP expressway. Rental yields average 3.5-4%—2-bedroom units fetch S$6,000-S$8,000 monthly. Demand from expats and locals boosts liquidity.
Compared to nearby condos like Signature at Yew Siang, Le Merritt offers better value at 10% lower PSF. Future THK MRT (Thomson-East Coast Line, opening 2026) will enhance accessibility, projecting 15% appreciation by 2028 per market forecasts.
- Supply Constraints: Limited freehold sites in Telok Kurau keep prices firm.
- Demand Drivers: East Coast lifestyle, schools like CHIJ Katong Primary (800m away).
- Economic Factors: Stable interest rates support buyer sentiment.
Actionable step: Calculate your monthly payments with Homejourney's mortgage tool before viewing units.
Investment Potential and Rental Yields
Le Merritt excels for property investment with 4% gross yields, above D15 average. Capital growth: 10-12% over 5 years, fueled by infrastructure. Best for mid-term holders (3-5 years).
Rental trends: Uptick in Q1 2026 due to corporate relocations. Compare to non-landed options in [Non-landed Housing Investment Returns: D17 Rental Yield Analysis 2026 ">INTERNAL_LINK:blog-non-landed-housing-investment-returns-rental-yield-analysis-d17-202602022103]. Risks: Cooling measures may cap short-term gains—consult agents via Speak to a property agent about Le Merritt.
Pros, Cons, and Buyer Profile
Pros: Freehold tenure, beach proximity (East Coast Park 5-min drive), modern facilities. Cons: Traffic during peak hours, higher maintenance fees (S$0.50 PSF).
Ideal for families valuing space and investors seeking yields. Evaluate via Homejourney's projects directory for market data.
Actionable Steps for Buyers
- Review URA resale stats for latest psf.
- Visit site—note low-floor noise from Lorong M.
- Use Homejourney property search for listings.
- Assess financing with Bank Rates ">INTERNAL_LINK:bank-rates.
- Plan maintenance like Aircon Services ">INTERNAL_LINK:aircon-services post-purchase.
Homejourney prioritizes your trust with verified info.
FAQ
What are the latest Le Merritt price trends in 2026?
Avg S$2,500 PSF, up 8% YoY. Check Homejourney for real-time data.
Is Le Merritt a good investment in D15?
Yes, with 4% yields and growth potential from new MRT.
How do Le Merritt prices compare to nearby condos?
10% below premium peers, offering strong value.
What rental yields can I expect at Le Merritt?
3.5-4% for 2-3BR units.
Where to find Le Merritt listings safely?
Browse on Homejourney—verified and secure.
Ready to invest? Explore comprehensive Le Merritt analysis on Homejourney, your trusted partner for safe property journeys.
