MERA SPRINGS

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Farrer Park / Serangoon Rd (D08)CondoTOP: 2008

Key facts

Property typeCondo
TenureFreehold
TOP2008
Total units129
DeveloperMCL Land Limited
Maintenance feeConfirm with MCST

Affordability

Est. stress-tested repayment

S$6,897 /mo

Loan amountS$1,444,697 (75%)
Stress rate4.00%
Loan tenure30 years
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Financing eligibility

Loan fit based on this listing price and current Singapore purchase rules.

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Maximum loan amount

S$1,444,697

Based on 75% LTV and valuation

Income needed (TDSR 55%)

S$12,500 /month

S$6,897 estimated instalment

Your affordability range

S$1,640,000

Buyer value

S$2,100,000

Recommended

S$2,270,000

Comfortable

Buyer stamp duty

S$74,600

Legal fees (est.)

S$3,500

Total cash needed

S$733,403

Kai insight

Based on this price, the Singpass-style estimate needs about S$12,500 monthly income before existing loan commitments.

Explore loan options

Estimate mirrors the Singpass/MyInfo calculator: NOA income, HDB loan instalments, MSR/TDSR, LTV, and a 4% stress rate. Final approval depends on verified buyer profile and lender assessment.

Floor plan

Configuration2 bed / 2 bath
Floor area1,066 sqft
LayoutRequest from agent

Price trend

Feb 2026

S$1,935/psf

Jul '21Mar '23Feb '26
Listing psfS$1,970 psf
Project avg psfS$1,807 psf
Market sample16 records

Transactions

Feb 2026Sale recordS$2,500,000(1,935 psf)
Feb 2025Sale recordS$2,700,000(2,090 psf)
May 2024Sale recordS$2,460,000(2,005 psf)
Apr 2024Sale recordS$2,500,888(1,936 psf)
Nov 2023Sale recordS$2,580,000(1,997 psf)
Aug 2023Sale recordS$2,840,000(1,832 psf)
Recent sale records16
Recent rental records139
Tenure / TOPFreehold / 2008