Condo Review: Meyer House
Updated: Jul 28, 2022
Meyer House - An ultra-luxury home in the East.
Located in the prestigious Meyer Road area in District 15, the freehold Meyer House is developed by a joint venture between Singapore-listed property firm UOL Group and privately-held property development and investment firm Kheng Leong Co.
They approached a trio of famous names in design to create this condominium in the East which can rival those in the traditional prime districts. This set a new benchmark at Meyer Road.
Based on the site's gross plot ratio of 1.4, the developers could have redeveloped the site into a new private condo of 203 units, with each apartment averaging about 700sqf in size.
However, there was a lack of high-end spacious units in the East Coast area. As such the developers opted to develop just 56 luxurious units at Meyer House.
"Nassim of the East" is thus born.
Verdict At A Glance
Location : 4.5/5
Transport Accessibility : 4.5/5
Surrounding Amenities : 4/5
Condo Facilities : 4.5/5
Finishing & Layout : 4.5/5
Price : 4/5
About This Condo
Location : 128 Meyer Road (Former site of Nanak Mansions)
Site Area : 109,631sqf
Developer : UOL Group & Kheng Leong Company
Tenure : Freehold
Expected TOP : 2023
Building Height : 5 Storeys
Total units : 56
Unit Types
3 Rooms - 8 units (1862 – 2013sqf)
3 Rooms Sky Unit - 2 units (2002sqf)
4 Rooms - 36 units (2820 – 3240sqf)
4 Rooms Sky Unit - 4 units (3305 - 3315sqf)
5 Rooms Penthouses - 6 units (5662 – 5683sqf)
Location
District 15 has always been a highly sought after location, both for own stay and for investment. According to an article by Edgeprop, District 15 is one of the Top 5 most-searched districts by property buyers.
Meyer road is the prime area of District 15. This is where rich businessmen have lived for many generations. A huge part of Meyer Road is reserved for landed properties, with a segment of it zoned only for bungalows.
For many die-hard East Coast fans, Meyer Road is definitely the most prestigious area in the East. It is no wonder developer UOL and Kheng Leong set their eyes only on Meyer Road when they want to build this ultra-luxury condo aka "Nassim Of The East".
Transport Accessibility
Thomson-East Coast Line (TEL) will be ready in 2023. There will be 6 stations serving the residents in District 15 - Tanjong Rhu, Katong Park, Tanjong Katong, Marine Parade, Marine Terrace and Siglap stations.
Residents can take a 5 minutes' walk to Tanjong Katong Station, which is located 450m away. They can also take 10 minutes walk to Katong Park station which is located 900m away.
It takes 6 MRT stops to reach Marina Bay station, and 9 stops to Changi Airport.
In terms of driving, Meyer House is just 2 minutes drive to ECP and 4 mins drive to MCE. It takes only 10 mins to reach the Central Business District (CBD) and 15mins to reach Changi Airport.
Transport is easily accessible for residents of Meyer House.
Surrounding Amenities
Meyer House is surrounded by greenery. Step out of the side gate and you will step into the Meyer Road Playground. Though this is a public playground, developers UOL and Kheng Leong are seeking approval to redevelop and enhance the public park at their own cost. They want to make the playground feels like an extension to the development's internal landscape garden.
Take a stroll along Meyer Road and you will reach Katong Park - one of the oldest parks in Singapore. Katong Park was once a fort to protect the southeastern coast of Singapore between 1879 to 1910. It has now become a popular place with playgrounds, fitness corners and even dog run corners!
Cycle through the lush greenery of Meyer Road and you will reach the famous East Coast Park in a few minutes via the underpass.
The popular shopping mall in the East, Parkway Parade is just one MRT stops or 5mins drive away. Kallang Wave Mall is also within 5mins drive.
Nearby local primary schools include Kong Hwa Primary School and Tanjong Katong Primary School. Dunman High Secondary School, Chung Cheng High Schools, Tanjong Katong Primary and Secondary Schools. Canadian International School is also nearby.
Condo Facilities
As an ultra-luxury property, Meyer House boasts itself to be the first residential property with a dedicated private lift lobby and direct lift access for every residence. While there are only 56 units, they are served by 64 lifts. This provides residents with the utmost privacy and a feeling of luxurious exclusivity.
The 4 bedrooms and penthouse unit also come with dedicated carpark space.
Like other high-end condos, there is an on-site concierge to provide convenient assistance with a personal touch.
Other facilities include a 30m lap pool, a gym and clubhouse.
Finishings & Layout
The 56 units at Meyer House are arranged in the shape of alphabet C. It is a joined block around a landscaped central courtyard and swimming pool. It has a sprawling garden and facing units on opposite ends are at least 45m apart.
Balcony
The balconies for all the units are designed as an extension to the living room. It is uniquely built as it uses an outer layer of venetian blinds to keep out sun or rain; and an inner layer that retains 95% of the air-conditioning.
Furnishings
The units are fully fitted with timber flooring in the living room and full marble bathrooms with Axor bathroom fittings,
In the kitchen, Miele kitchen appliances including double-door integrated refrigerator, washer and dryer will be provided.
Instead of the typical wet and dry kitchen concept, the units will have a generous-sized enclosed kitchen. There will also be a “library bar” with a sculptural, single-piece marble counter and wall display shelves. All these are custom-made by New York and Toronto-based interior design firm Yabu Pushelberg.
Pricing
The average price of units transacted in Meyer House is around $2,413psf. In terms of psf price, it is comparable to other new projects along Meyer Road area.
However, the units in Meyer House are of a generous size. According to the units transacted so far, the quantum price per unit starts from $4,446,000 for the 3 bedroom units.
Conclusion
Meyer House is a highly differentiated product and appeals to a niche group of buyers. It is akin to an art piece and is a trophy property that can be passed from generation to generation.
If you would like to have a professional opinion on investing in a property in the East Coast area or would love to look at a unit in Meyer House, I would love to share my views with you.
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Related Readings
1) District 15 - Meyer Road and Amber Road. Where Should I Invest?
3) Why Singapore's Property Market Remains Resilient Through Covid-19?
About The Author
Vivian is a highly experienced real estate agent who has been in the industry for 18 years.
Over the years, she has transacted numerous property deals including HDB and private properties. She is well-versed in policies and regulations involving the sale and purchase of residential properties. She has also handled many transactions involving complicated situations like contra, divorce, administration/probate cases, and decoupling / part-share purchase.
Vivian is also a mother to 2 boys. Being a real estate mom allows her to spend more time with her children as they were growing up. Both boys are avid footballers representing their schools and clubs. She loves watching their games and hardly misses a game whenever they play.
Vivian is an active real estate salesperson and team leader. Call her at 98577714 for your real estate matters, or if you are looking to join the real estate industry.