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Optima @ Tanah Merah

Condominium · District 16 (Bedok / Upper East Coast / Siglap) · Outside Central Region · 99-year lease (81 yrs left) · Last sale Aug 2026·Data as of Sep 2026

Optima @ Tanah Merah is a 99-year lease (81 yrs left) condominium development in District 16 (Bedok / Upper East Coast / Siglap). It has 54 recorded private transactions. Latest sale: $1,828,888 (Aug 2026, 98 sqm, floors 11-15). Median $1,465/sqft. Prices up 16.2% over the period. 81 years lease remaining.

Latest Sale
$1,828,888
Aug 2026 · 98 sqm
Median Price
$1,465/sqft
$1,425,000 typical unit
Transactions
54
$1,140–$1,748 psf
Price Trend
▲ 16.2%
~3.1% a year

Where Optima @ Tanah Merah ranks in District 16

All 58 projects ›
Median psf
Top 48%
#28 / 58 Top 48%
Typical unit price
Top 66%
#38 / 58 Top 66%
Most recent sale
Top 47%
#27 / 58 Top 47%
Price growth
Top 70%
#37 / 53 Top 70%

Median psf over time

Estimate a unit at Optima @ Tanah Merah

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
—
Project forward
▲ Market growth +3.1%/yr
▼ Lease decay −0.23%/yr
Growth scenario
In 5 years
—

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

81 yrs
Remaining lease
0.23%
Annual decay (Bala's Table)
2008
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.23% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,392 19
06-10 $1,476 19
11-15 $1,447 16

Recent transactions

DateFloorType AreaPricepsf
Aug 2026 11-15 Resale 98 sqm $1,828,888 $1,734
Jul 2026 11-15 Resale 121 sqm $2,180,000 $1,674
Jul 2026 11-15 Resale 93 sqm $1,750,000 $1,748
May 2026 06-10 Resale 117 sqm $2,150,000 $1,707
Apr 2026 06-10 Resale 81 sqm $1,380,000 $1,583
Jan 2026 06-10 Resale 80 sqm $1,300,000 $1,510
Jan 2026 06-10 Resale 92 sqm $1,535,000 $1,550
Nov 2025 06-10 Resale 78 sqm $1,280,000 $1,525
Oct 2025 06-10 Resale 93 sqm $1,540,000 $1,538
Aug 2025 01-05 Resale 80 sqm $1,280,000 $1,486
Jun 2025 11-15 Resale 275 sqm $3,600,000 $1,216
Jun 2025 01-05 Resale 175 sqm $2,400,000 $1,274
May 2025 01-05 Resale 133 sqm $2,250,000 $1,572
May 2025 01-05 Resale 81 sqm $1,310,000 $1,503
Mar 2025 06-10 Resale 90 sqm $1,430,000 $1,476
Mar 2025 01-05 Resale 175 sqm $2,430,000 $1,290
Dec 2024 06-10 Resale 102 sqm $1,610,000 $1,466
Nov 2024 06-10 Resale 78 sqm $1,188,000 $1,415
Oct 2024 01-05 Resale 117 sqm $2,100,000 $1,667
Oct 2024 06-10 Resale 65 sqm $1,046,000 $1,495
Sep 2024 06-10 Resale 78 sqm $1,230,000 $1,465
Aug 2024 11-15 Resale 65 sqm $1,020,000 $1,458
Jun 2024 01-05 Resale 102 sqm $1,410,000 $1,284
Jun 2024 01-05 Resale 88 sqm $1,470,000 $1,552
May 2024 01-05 Resale 117 sqm $2,000,000 $1,588
Showing 25 of 54 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Optima @ Tanah Merah is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Optima @ Tanah Merah, with their median resale psf. Useful for comparing what Optima @ Tanah Merah costs per square foot against nearby developments.

More condos in District 16
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Optima @ Tanah Merah

Optima @ Tanah Merah is a leasehold condominium development in District 16 (Bedok / Upper East Coast / Siglap), within the Outside Central Region of Singapore. Its $1,465 psf median tracks close to the District 16 median. It has a regular flow of transactions, with 54 sales between 2021-10 and 2026-08, ranging from $660,000 to $3,600,000. The most recent transaction was a 98 sqm unit (floors 11-15) at $1,828,888 in Aug 2026, and the median is $1,465 psf. Over the data window, prices here are up about 16.2% (about 3.1% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 81 years remaining is 0.9384, an annual lease decay of about 0.23%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Optima @ Tanah Merah cost?

The most recent transaction at Optima @ Tanah Merah was $1,828,888 for a 98 sqm unit in 2026-08. The median price is $1,465 per square foot across 54 transactions, ranging from $660,000 to $3,600,000. Data sourced from URA.

Is Optima @ Tanah Merah freehold or leasehold?

Optima @ Tanah Merah is on a 99-year lease commencing in 2008, with approximately 81 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.23%.

What is the price per square foot (psf) at Optima @ Tanah Merah?

The median price at Optima @ Tanah Merah is $1,465 psf, with transactions ranging from $1,140 to $1,748 psf. This is based on 54 URA-recorded transactions in District 16.

Have prices at Optima @ Tanah Merah gone up or down?

Prices at Optima @ Tanah Merah have increased by approximately 16.2% over the data period (around 3.1% a year). The median price is currently $1,465 psf, with the most recent sale at $1,828,888 in 2026-08.