The Makena
Meyer Road · D15 · Rest of central region · Condominium
The median sale at The Makena was $2,720,000 — $1,912 psf — across 71 transactions between Oct 2021 and Oct 2026. Freehold.
What it costs per month of lease
The Makena is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021three sales$1680
- 202217 sales$1801
- 202314 sales$1864
- 202413 sales$1968
- 202518 sales$2154
- 2026six sales$2297
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,550,000 | $1,680 psf | 3 |
| 2022 | $2,680,000 | $1,801 psf | 17 |
| 2023 | $2,815,000 | $1,864 psf | 14 |
| 2024 | $2,625,000 | $1,968 psf | 13 |
| 2025 | $2,779,000 | $2,154 psf | 18 |
| 2026 | $3,225,000 | $2,297 psf | 6 |
What it rents for
URA’s median of rental contracts lodged at The Makena in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D15
- The Continuum · $2,789 psf
- Arina East Residences · $2,784 psf
- Grand Dunman · $2,524 psf
- Mandarin Gardens · $1,285 psf
- Seaside Residences · $2,251 psf
- Tembusu Grand · $2,450 psf
- Amber House · $3,060 psf
- Silversea · $2,044 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.