THE MERLOT
District 08 · KENG LEE ROAD
Overview
THE MERLOT is a freehold condominium in District 08, Singapore, completed in 2009 with 42 units. The average transacted price is $1,350/sqft based on 6 recorded transactions. Nearby MRT: NOVENA MRT STATION, FARRER PARK MRT STATION, LITTLE INDIA MRT STATION.
Price Trends
Price Data (SGD)
Developer:Fragrance Properties Pte Ltd
THE MERLOT
Property Summary
Location
101 Keng Lee Road, District 08
Tenure
Freehold
Units
42
Completion
2009
Developer
Fragrance Properties Pte Ltd
Floors/Blocks
15 floors, 1 block
Site Area
1,153 sqm
Information is subject to change and should be verified independently.
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Nearby Transport
- NOVENA MRT STATIONExit B0.89 km • 11 min walk
- FARRER PARK MRT STATIONExit E0.94 km • 11 min walk
- LITTLE INDIA MRT STATIONExit F0.95 km • 11 min walk
Nearby Transport
Nearby Transport
- NOVENA MRT STATIONExit B0.89 km • 11 min walk
- FARRER PARK MRT STATIONExit E0.94 km • 11 min walk
- LITTLE INDIA MRT STATIONExit F0.95 km • 11 min walk
Nearby Schools
Nearby Schools
- ST. JOSEPH'S INSTITUTION JUNIORPRIMARY0.41 km away
- FARRER PARK PRIMARY SCHOOLPRIMARY0.53 km away
- ANGLO-CHINESE SCHOOL (JUNIOR)PRIMARY0.81 km away
- NORTHLIGHT SCHOOLSECONDARY1.18 km away
- ANGLO-CHINESE SCHOOL (PRIMARY)PRIMARY1.28 km away
Nearby Supermarkets
Nearby Supermarkets
- FAIRPRICE0.55 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
- COLD STORAGE0.69 km away•COLD STORAGE SINGAPORE (1983) PTE LTD
- Mmmm!1.03 km away•WATER TIGER TRADING PTE. LTD.
- DON DON DONKI1.09 km away•PAN PACIFIC RETAIL MANAGEMENT (SINGAPORE) PTE. LTD.
- Sol Mart1.09 km away•SOL MART PTE. LTD.
Eligibility Check
Estimate stamp duty based on your buyer profile
Stamp duty data is currently unavailable for this property.
Neighbourhood Amenities
Transport
3- NOVENA MRT STATION
- FARRER PARK MRT STATION
- LITTLE INDIA MRT STATION
Education
10- ST. JOSEPH'S INSTITUTION JUNIOR
- FARRER PARK PRIMARY SCHOOL
- ANGLO-CHINESE SCHOOL (JUNIOR)
- +7 more nearby
Convenience
10- FAIRPRICE
- COLD STORAGE
- COLD STORAGE
- +7 more nearby
Rental Yield
Estimated gross yield for investors
Gross Yield
4.6%
AttractiveMonthly Rent
$3,800/mo
Median rental price
Annual Rental Income
$45,600/yr
Based on median rent
Recent Transactions
(6 of 6)| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-05 | THE MERLOT | KENG LEE ROAD | 82 sqm (883 sqft) | $1,320,000 | $1496/sqft | 06-10 | Apartment | RCR | 08 | Freehold |
| 2023-02 | THE MERLOT | KENG LEE ROAD | 48 sqm (517 sqft) | $800,000 | $1548/sqft | 11-15 | Apartment | RCR | 08 | Freehold |
| 2022-05 | THE MERLOT | KENG LEE ROAD | 82 sqm (883 sqft) | $998,000 | $1131/sqft | 06-10 | Apartment | RCR | 08 | Freehold |
| 2021-09 | THE MERLOT | KENG LEE ROAD | 48 sqm (517 sqft) | $710,000 | $1374/sqft | 01-05 | Apartment | RCR | 08 | Freehold |
| 2021-01 | THE MERLOT | KENG LEE ROAD | 48 sqm (517 sqft) | $740,000 | $1432/sqft | 11-15 | Apartment | RCR | 08 | Freehold |
| 2020-02 | THE MERLOT | KENG LEE ROAD | 82 sqm (883 sqft) | $988,000 | $1119/sqft | 01-05 | Apartment | RCR | 08 | Freehold |
Market Statistics
Properties For Sale (3)
Properties For Rent (4)
Frequently Asked Questions
What is the average price per square foot (PSF) for THE MERLOT?
The average transacted price for THE MERLOT is $1,350/sqft based on 6 recorded transactions.
Where is THE MERLOT located?
THE MERLOT is located in District 08, near NOVENA, FARRER PARK, LITTLE INDIA MRT, Singapore.
Is THE MERLOT freehold or leasehold?
THE MERLOT is a freehold property.
When was THE MERLOT completed?
THE MERLOT was completed in 2009.
What schools are near THE MERLOT?
Schools near THE MERLOT include ST. JOSEPH'S INSTITUTION JUNIOR, FARRER PARK PRIMARY SCHOOL, ANGLO-CHINESE SCHOOL (JUNIOR), NORTHLIGHT SCHOOL, ANGLO-CHINESE SCHOOL (PRIMARY).
Who developed THE MERLOT?
THE MERLOT was developed by Fragrance Properties Pte Ltd.
Who is eligible to buy at THE MERLOT?
THE MERLOT is a private property open to all buyers including foreigners. Singapore Citizens pay no Additional Buyer's Stamp Duty (ABSD) on their first property, while Permanent Residents pay 5% and foreigners pay 60% ABSD.
Is THE MERLOT a good investment?
THE MERLOT has recorded 6 transactions at an average of $1,350/sqft in District 08. Prospective investors should compare these figures with nearby developments and consider factors like lease tenure, unit size, and rental demand.
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