Meraprime
Meraprime is a 99-year lease (76 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 31 recorded private transactions. Latest sale: $3,020,000 (May 2026, 122 sqm, floors 06-10). Median $1,906/sqft. Prices up 30.6% over the period. 76 years lease remaining.
Where Meraprime ranks in District 03
All 35 projects ›Median psf over time
Estimate a unit at Meraprime
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.28% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,804 | 3 |
| 06-10 | $1,906 | 3 |
| 11-15 | $1,721 | 4 |
| 16-20 | $1,967 | 7 |
| 21-25 | $2,068 | 6 |
| 26-30 | $1,942 | 2 |
| 31-35 | $1,858 | 6 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| May 2026 | 06-10 | Resale | 122 sqm | $3,020,000 | $2,300 |
| Feb 2026 | 31-35 | Resale | 122 sqm | $2,830,000 | $2,155 |
| Aug 2025 | 16-20 | Resale | 102 sqm | $2,350,000 | $2,140 |
| Jun 2025 | 21-25 | Resale | 102 sqm | $2,288,888 | $2,085 |
| Apr 2025 | 11-15 | Resale | 109 sqm | $2,388,000 | $2,035 |
| Feb 2025 | 26-30 | Resale | 122 sqm | $2,700,000 | $2,056 |
| Dec 2024 | 01-05 | Resale | 109 sqm | $2,308,000 | $1,967 |
| Dec 2024 | 16-20 | Resale | 104 sqm | $2,268,000 | $2,026 |
| Oct 2024 | 16-20 | Resale | 122 sqm | $2,626,000 | $2,000 |
| Sep 2024 | 21-25 | Resale | 122 sqm | $2,580,000 | $1,965 |
| Apr 2024 | 21-25 | Resale | 104 sqm | $2,330,000 | $2,081 |
| Dec 2023 | 21-25 | Resale | 78 sqm | $1,808,000 | $2,153 |
| Nov 2023 | 21-25 | Resale | 104 sqm | $2,300,000 | $2,055 |
| Jul 2023 | 16-20 | Resale | 102 sqm | $2,160,000 | $1,967 |
| Apr 2023 | 06-10 | Resale | 78 sqm | $1,600,000 | $1,906 |
| Feb 2023 | 31-35 | Resale | 122 sqm | $2,530,000 | $1,927 |
| Nov 2022 | 01-05 | Resale | 78 sqm | $1,515,000 | $1,804 |
| Oct 2022 | 31-35 | Resale | 109 sqm | $2,115,888 | $1,803 |
| Oct 2022 | 16-20 | Resale | 109 sqm | $2,098,000 | $1,788 |
| Aug 2022 | 31-35 | Resale | 102 sqm | $2,040,000 | $1,858 |
| Aug 2022 | 26-30 | Resale | 122 sqm | $2,400,000 | $1,828 |
| Jul 2022 | 16-20 | Resale | 102 sqm | $1,900,000 | $1,731 |
| Jul 2022 | 16-20 | Resale | 102 sqm | $1,960,000 | $1,785 |
| Jul 2022 | 11-15 | Resale | 102 sqm | $1,980,000 | $1,803 |
| Jul 2022 | 01-05 | Resale | 107 sqm | $1,850,000 | $1,606 |
About Meraprime
Meraprime is a 99-year leasehold development with its lease commencing in 2003 and about 76 years remaining in District 03 (Tiong Bahru / Alexandra / Queenstown), within the Rest of Central Region of Singapore. It sees regular transaction activity, with 31 recorded condominium transactions between 2021-07 and 2026-05, ranging from $1,515,000 to $3,020,000. The most recent transaction was a 122 sqm unit (floors 06-10) sold for $3,020,000 in 2026-05, and the median price is $1,906 per square foot. Prices here have risen sharply, by about 30.6% over the period (around 5.7% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 76 years remaining is 0.9268, an annual lease decay of about 0.28%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Meraprime cost?
The most recent transaction at Meraprime was $3,020,000 for a 122 sqm unit in 2026-05. The median price is $1,906 per square foot across 31 transactions, ranging from $1,515,000 to $3,020,000. Data sourced from URA.
Is Meraprime freehold or leasehold?
Meraprime is on a 99-year lease commencing in 2003, with approximately 76 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.28%.
What is the price per square foot (psf) at Meraprime?
The median price at Meraprime is $1,906 psf, with transactions ranging from $1,583 to $2,300 psf. This is based on 31 URA-recorded transactions in District 03.
Have prices at Meraprime gone up or down?
Prices at Meraprime have increased by approximately 30.6% over the data period (around 5.7% a year). The median price is currently $1,906 psf, with the most recent sale at $3,020,000 in 2026-05.