Overview & Key Facts
LE MERRITT is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by CRESCENDAS GROUP, comprising 23 units, completed in 2008.
Location & Connectivity
LE MERRITT is approximately 470m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 470m |
| Kembangan | East-West Line | 1.1 km |
| Marine Parade | Thomson-East Coast Line | 1.3 km |
| Siglap | Thomson-East Coast Line | 1.4 km |
Schools & Education
13 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 210m |
| Chung Cheng High School (Main) | Secondary | 980m |
| East Coast Primary School | Primary | 1.2 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| Canadian International School (Tanjong Katong) | International | 1.4 km |
| Canossa Catholic Primary School | Primary | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,679 psf | $1,590,000 |
| 3 BR | 4 | $1,607 psf | $1,591,750 |
| 4 BR | 1 | $1,644 psf | $2,300,000 |
Market Position
LE MERRITT has recorded 6 sales at an average price of $1,709,500.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at LE MERRITT typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,683/mo | $1,590,000 | 2.78% |
| 3 BR | $3,925/mo | $1,591,750 | 2.96% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 2 | $1,494 psf | — |
| 2024 | 4 | $1,691 psf | ↑ 13.2% |
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Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 23-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
yield-focused investors and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
LE MERRITT is a freehold development in District 15 (OCR), with 23 units, offering a gross yield of 2.7%.
Explore the full LE MERRITT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LE MERRITT against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (530m away), an upgrader gap of about $1,050,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $1,050,000
- Geylang — 4-room average $761,443 (1.5 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for LE MERRITT?
Is LE MERRITT freehold?
What is the rental yield for LE MERRITT?
Which MRT is nearest to LE MERRITT?
Sources & Next Steps
- LE MERRITT Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 6 transactions
- Rental data: 20 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2024 · 6 records analysed · Source: URA private-sale caveats