The Merlot
Keng Lee Road · D08 · Rest of central region · Apartment
The median sale at The Merlot was $1,220,000 — $1,496 psf — across five transactions between May 2022 and Aug 2026. Freehold.
Figures here are based on just five sales, which is too few to call a market rate.
The Merlot saw two sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
What it costs per month of lease
The Merlot 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.
- 2022one sale$1131
- 2023two sales$1522
- 2026two sales$1502
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $998,000 | $1,131 psf | 1 |
| 2023 | $1,060,000 | $1,522 psf | 2 |
| 2026 | $1,500,000 | $1,502 psf | 2 |
Other developments in D08
- Piccadilly Grand · $2,160 psf
- Uptown @ Farrer · $1,958 psf
- Citylights · $1,844 psf
- City Square Residences · $1,992 psf
- Cityscape @Farrer Park · $1,634 psf
- Kerrisdale · $1,483 psf
- Sturdee Residences · $2,053 psf
- Forte Suites · $1,825 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.