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Check out more Transaction Price, Rents, Trends and Analysis Data for OPTIMA @ TANAH MERAH on EdgeProp Singapore.
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OPTIMA @ TANAH MERAH
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| 1. Unit Search Usage: '20-07', '20-' for storey 20, '-07' for stack 07 |
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2. Nearby amenities 
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Project Information
Project Name |
OPTIMA @ TANAH MERAH |
Street Name |
Tanah Merah Kechil Avenue |
Property Type |
Condominium |
Tenure |
99 Yrs FROM 2008 |
District / Planning Area |
D16 / Bedok |
Completion |
2012 |
Number of units |
297 units |
Indicative price range / Average* |
S$ 1,257 - S$ 1,538 psf / S$ 1,403 psf |
Indicative rental range / Average* |
S$ 2.59 - S$ 7.33 psf pm / S$ 4.47 psf pm |
Implied rental yield |
3.82% |
Historical high |
S$ 1,631 psf in Jan 2013 for a 484-sqft unit |
Indicative average price from historical high |
-14.0% |
Historical low |
S$ 586 psf in Aug 2009 for a 1,884-sqft unit |
Buyer profile by status# |
Singaporean 80.9%, PR 12.1%, Foreigner 5.2%, Company 1.9% |
Buyer profile by purchaser address# |
HDB 41.9%, Private 58.1% |
Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.
Location
Nearby properties
Price Comparison (Up to 10)
Source: URA, https://www.squarefoot.com.sg
Rental Comparison (Up to 10)
Source: URA, https://www.squarefoot.com.sg
Price and rental comparisons (Up to 10)
Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
| Marker | Project | Tenure | Completion | Distance (m) |
Lowest price* (S$ psf) |
Average price* (S$ psf) |
Highest price* (S$ psf) |
Lowest rental* (S$ psf pm) |
Average rental* (S$ psf pm) |
Highest rental* (S$ psf pm) |
Rental yield (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIMA @ TANAH MERAH | 99 Yrs FROM 2008 | 2012 | - | 1,257 | 1,403 | 1,538 | 2.65 | 4.58 | 7.33 | 3.9 | |
| THE GLADES | 99 yrs FROM 2013 | 2016 | 172 | 1,467 | 1,567 | 1,679 | 3.81 | 6.19 | 8.44 | 4.7 | |
| CASA MERAH | 99 yrs FROM 2006 | 2009 | 178 | 1,193 | 1,287 | 1,345 | 2.88 | 3.94 | 4.74 | 3.7 | |
| EAST MEADOWS | 99 yrs FROM 1998 | 2002 | 265 | 1,046 | 1,117 | 1,172 | 2.87 | 3.55 | 4.71 | 3.8 | |
| URBAN VISTA | 99 yrs FROM 2012 | 2016 | 280 | 1,187 | 1,503 | 1,637 | 1.73 | 5.16 | 7.78 | 4.1 | |
| GRANDEUR PARK RESIDENCES | 99 yrs FROM 2016 | 2020 | 359 | 1,678 | 1,831 | 1,924 | 4.92 | 6.69 | 8.44 | 4.4 | |
| EAST VILLAGE | Freehold | 2014 | 421 | 1,019 | 1,048 | 1,077 | 2.56 | 4.49 | 6.67 | 5.1 | |
| PALMWOODS | 99 yrs FROM 1996 | 1999 | 450 | 1,052 | 1,052 | 1,052 | 2.86 | 2.91 | 2.96 | 3.3 | |
| THE TANAMERA | 99 Yrs FROM 1990 | 1994 | 461 | 955 | 1,015 | 1,057 | 2.58 | 3.30 | 4.42 | 3.9 | |
| ECO | 99 Yrs FROM 2012 | 2017 | 582 | 1,007 | 1,418 | 1,545 | 2.94 | 5.15 | 6.92 | 4.4 |
Location of nearby properties
Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg
Nearby land sales / new launches
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The developer's estimated breakeven is for subscribers only. Subscribe now to see every bit of information!
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| Status | Name | Location | Land attributes | Estimated Breakeven | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| on 14 Feb 2012 | (Now known as ECO) |
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| on 22 Oct 2012 | (Now known as The Glades) |
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| on 6 Aug 2012 | (Now known as Urban Vista) |
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| on 26 Feb 2016 | (Now known as Grandeur Park Residences) |
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Disclaimer
This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute
financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial
circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as
authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree
that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot
Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no
representation that it is accurate or complete.