New Launch- Former site of Albracca
Brought to You by
Sustained Land Capital
A Freehold Development, at
Almost a 99 years leasehold price,
Standing next to
Katong Park MRT Station
Please call +65 90070868 or
Please Register HERE with
DEVELOPER'S SALES TEAM to
View ONE MEYER Showflat!
One Meyer is located at the corner of Meyer Road and Meyer Place, at the door-steps of upcoming Katong Park MRT Station. This station is part of the Thomson East-Coast Line (TEL), slated to be ready around 2023. As part of the MRT plan, Katong Park Station would be only four stops away from Marina Bay and five stops away from Raffles Place and Shenton Way. Aside from MRT connectivity, residents may also cycle to work in the CBD via the cycling track at the beach, as Singapore transits into a car-light society.
Enjoy Door-step MRT service
Only 2 Stations to Gardens by the Bay and 4 Stations to Marina Bay
Get the Best of Coastal Living with Great Outdoor Experiential
One Meyer has a glass facade look, which will be the stunning jewel in Meyer Road.
**28th November 2018- One Meyer Showflat Gallery opening in January 2019 REGISTER HERE for VVIP Pass and Discounts
**20th November 2018- REGISTER HERE for information pertaining to One Meyer
**21th July 2017- Albracca Condo was sold for S$69.1 million, this translates to a land rate of S$1409 per square foot per plot ratio
Contact Us Now The Developer's Sales Team to View One Meyer showflat!
Or Talk to Us at +65 90070868
A Freehold Development at Almost a 99 years leasehold price
Pricing for One Meyer New Condo
2 Bedroom 614sqft from S$1.54 million
3 Bedroom 915sqft from S$2.28 million
3 Bedroom 1033 sqft from S$2.47 million
An Overview on Why Buy One Meyer
- Door-step to upcoming Katong Park MRT Station serving the Thomson-East Coast Line (TEL), 2 and 4 Stations to Gardens by the Bay and Marina Bay respectively.
- Availability of recreational facilities which include Chinese Swimming Club and East Coast Parkway
- Easy convenience to many shopping malls, grocery shops, restaurants, cafes and food centres
- Close proximity to reputable schools which include Toa Nan School, Ngee Ann Primary School, Tanjong Katong Girls', Chung Cheng High School (Main), Dunman High School and Victoria Junior College
- Short drive to Marina Bay, City Centre and Changi Airport
- Easy access to ECP Highway to bring residents to different parts of Singapore
One Meyer New Condo will be constructed with facilities, functional layouts with top notch fittings, elegant furnishings, and dashing interior and exterior decors. Residents will enjoy the deep and stunning vistas of the sea here.
Unit distribution ranges from two bedroom to three bedrooms. The units will have very roomy layouts which will create a perfect ambience many years for the residents. The units in One Meyer are unobstructed to maximise the brightness of the apartments and also, bring better breeze to the units. From exqusite furnishing, pictureque views, thoughtful layouts to smallest details to match your lifestyle, One Meyer is the perfect place to meet your dreams.
Residents can get to enjoy a pool, an indoor gym, playground, BBQ Pits and a conceirge security. Units are either facing the views of the City Skyline ot the East Coast Park with the borderless sea views.
View Unit Prices and Available Units HERE
Contact Us Now The Developer's Sales Team to View One Meyer's Showflat!
or Talk to Us at +65 90070868
One Meyer Condo- Connectivity
One Meyer is conveniently located next to the upcoming Katong Park MRT Station (Thomson East Coast Line) which will start operating in 2023. As of now, the current nearest Datoka Circle Line MRT station is just a short drive away from One Meyer site (approximately 1.4 km). Set in the prime location, a 7 minutes’ drive will get future residents to the downtown Financial District and Marina Bay New Downtown. One Meyer's residents can also take an 8 minutes’ drive down to the Orchard Shopping Belt for a weekend shopping spree. The nearby East Coast Parkway (ECP), Kallang Paya Lebar Expressway (KPE) and the Pan Island Expressway (PIE) makes island wide traveling a breeze.
One Meyer Condo- Amenities
In terms of accessing to dining, shopping and entertainment facilities, One Meyer’s future residents can take a 5 minutes’ drive down to Katong Shopping Centre, The Odeon Katong, Paramount Shopping Complex, Roxy Square, Parkway Parade, 112 Katong and Leisure Park Kallang where useful amenities such as food courts, supermarkets, retail outlets, F&B outlets and departmental stores are located which will bring everyday conveniences in terms of their daily shopping and dining needs.
One Meyer Condo- Education
Local school such as Tanjong Katong Primary School, Kong Hwa School, Chung Cheng High School (Main), Dunman High School, Northlight School, Tanjong Katong Girls’ School, Tanjong Katong Technical Secondary School. Broadrick Secondary School and Tanjong Katong Secondary School are also located within 2 km away from One Meyer.
One Meyer Condo- Developer
Sustained Land is a reputable Property Developer that has build its name over the years from the past projects that they had delivered with quality and value for money services. Over the years, Sustained Land continue to grow from strength to strength to push over the boundaries for excellence, distinctive and luxury high end lifestyle living. They pride themself on developing iconic developments with blending form and functionaliy that is innovative and well designed.
Going forward, Sustained Land continue their strive to be the one of the most preferred Property Developer by delivery innovation, value for money services and quality finishes that many families deserved. Some of the past projects includes 833 MB Residences, Suites De Laurel, 38 iSuites, Tivoli Grande, Sturdee Residences.
One Meyer is surrounded by private residences and near to the beach and sea, giving its future residents to enjoy a peaceful and tranquil stay, an urban oasis where all can seek calm, rest and build a family.
For Pleasure of Ownership,
Please Register HERE and
we will contact you soonest!
Project | One Meyer Condo at former site of Albracca |
Developer | Sustained Land (SL Capital Pte Ltd) |
Location | 1 Meyer Road Singapore (Marine Parade Planning Area) |
District | 15 |
Tenure | Freehold |
Site Area | 2,174 square metres/ 23,6850 square feet |
GFA: | 4,564 square metres/ 49,130 square feet |
Plot Ratio | 2.1 |
Expected TOP Date: | 28th November 2023 |
Total Units | 66 residential apartments |
Total Carpark | 46 basement car-park lots and 20 surface car-park lots with 2 handicapp car-parks |
Development | Condo comprising of communal facilities |
Unit Type: | 2 Bedrooms and 3 Bedrooms |
Architect | Ronny Chin Architects Pte Ltd |
Eligibility | SC, SPR and Foreigner can buy |
One Meyer Condo Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
2 Bedroom | A | 614 | 16 |
2 Bedroom | A1 | 614 | 16 |
3 Bedroom | B | 1033 | 17 |
3 Bedroom | C | 915 | 17 |
TBA | TBA | ||
|
TBA |
|
TBA |
One Meyer Condo Facilities | |||
2nd storey
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One Meyer Condo Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
2 Bedroom | 614 | TBA | TBA |
2 Bedroom | 614 | TBA | TBA |
3 Bedroom | 1033 | TBA | TBA |
3 Bedroom | 915 | TBA | TBA |
TBA | TBA | TBA | |
TBA | TBA |
TBA |
|
One Meyer Condo is located in prime district 15 Tanjong Rhu, bounded by Meyer Place and Meyer Road, directly in front of Katong Park MRT Station, serving the Thomson East-Coast Line, which is slated to complete by 2023, this is about the same time One Meyer will complete. One Meyer is well connected to Marina Bay Financial Centre (MBFC), Central Business District (CBD), Changi Business District. It is also nearby to Singapore popular attractions that include Gardens by the Bay and Singapore Indoor Stadium
Amenities Near One Meyer Condo
Category | Important Amenities Near One Meyer Condo | Approximate Distance |
Train Stations | Dakota (CC8) Katong Park (TE24) Thomson East Coast Line Due 2023 |
km 0.2km |
Bus Stop | CP B1 (Bus: 401) | km |
Supermarkets | Fairprice (Esso Mountbatten) Cold Storage (Parkway Parade) Giant (82 Marine Parade Central) Sheng Siong (301 Geylang Road) |
km km km km |
Shopping Malls | Katong Shopping Centre The Odeon Katong Paramount Shopping Complex Roxy Square Parkway Parade I12 Katong Leisure Park Kallang |
km km km km km km km |
Education Institutions | Preschool | |
Montessori For Children (Broadrick Campus) Schoolhouse By The Bay PCF Mountbatten Blk 14 PCF Mountbatten Blk 51 Saint Hilda’s Church Kindergarten Kinderland Preschool (Marine Parade) Tung Ling Kindergarten White Lodge Kindergarten (East Coast) Holy Family Kindergarten Chen Li Kindergarten |
km |
|
Primary | ||
Tanjong Katong Primary School Kong Hwa School |
km km |
|
Secondary | ||
Chung Cheng High School (Main) Dunman High School Northlight School Tanjong Katong Girls’ School Broadrick Secondary School Tanjong Katong Secondary School |
km km km km km km |
|
Junior College | ||
Dunman High School | km | |
Tertiary | ||
Singapore Management University | km | |
International | ||
Canadian International School (Tanjong Katong Campus) Chatsworth International School (East Campus) |
km km |
|
Food Centre | Jalan Batu Block 4A Market & Food Centre Old Airport Road Block 51 Market & Food Centre Kallang Estate Fresh Market & Food Centre 84 Marine Parade Central Market & Food Centre Dunman Food Centre |
km km km km km |
Lifestyle | East Coast Park Chinese Swimming Club Singapore Swimming Club The Eurasian Association Kallang Cricket Ground Kallang Netball Centre Kallang Squash & Tennis Centre |
km km km km km km km |
The units are North-South facing with balconies facing Meyer Road, giving residents a wide angle panoramic view of East Coast Park, sea views and greenery views.
One Meyer Condo is bounded by Meyer Place and Meyer Road and it is in front of the upcoming Katong Park MRT Station. To the east of One Meyer across Meyer Road is Meyer Melodia, and on its North is Meyer Residences. To its west is a row of low rise houses and uner Singapore Master Plan 2014, has a plot ratio of 2.1, so they have the potential of building to the same height as One Meyer and higher.
On the South of One Meyer, across Meyer Road, is Katong Park Garden where residents can rest and enjoy. Beyond this Park is the Singapore Straits. So residents can get unblocked seaview beyond this stretch of greenery.
One Meyer offers Unit Mixes of 2 bedrooms and 3 Bedrooms types, with Unblocked Park and Sea Views! There are total of 4 layouts for your choice. All Units in One Meyer will enjoy Unobstructed Sea Views and Greenery Views
View Price and Available Units HERE
Looking at 3 Bedroom Type B and C, a private foyer seperates the door entrance and the living/ dining areas. This gives the residents very good privacy possible from the corridor and lift lobby. The unit provides great ventilation with window opening from the foyer allowing air-flowing from the kitchen to the unit. Another window at the dining area will allow air-flow from the dining area towards the balcony.
The layouts are very efficient with no corridor, hence no wastage of space in between all the rooms.
As with every high-end projects, One Meyer features luxurious finishings to complement its glass facade building.
All the doors are fitted with Fenix from Italy, with its nanotechnological material being characterised by its anti-fingerprint and fireproof capabilities while making it opaque and extremely durable. Securing homes is a top priority. With the latest smart digital door-locks from Samsung, residents will find a peace of mind.
Marble floorings will be laid throughout the unit. With luxurious marble Milas Pearl from Turkey for the living and dining area and balcony and Griglo Carnico from Italy for the master bedrooms. The other bedrooms are laid with solid walnut timber. With these in combinations, will add beauty to the whole entire house.
One Meyer Floor Plan 3 Bedroom, 914 square feet Stack 2
View Site and Facilities Plans HERE
Like any other new launches, the prices of One Meyer will only be announced on the sales day. Indicating pricing will be announced earlier.
One Meyer is a new condo, sitting on the site of former Albracca, where the site was sold to Sustained Land, for $69.12 million, as collective sale. The sale price of $69.12 million, plus the differential premium payable to the state for redevelopment of the site to a gross plot ratio of 2.1.works out to a land cost of about $1409 psf per plot ratio on the potential gross floor area.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.
Land Cost: $1409 psf ppr
Construction Cost: S$400 psf
Marketing expense: S$200 psf
Profit margin: 20%
Estimated launch price: S$2410 psf
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Since One Meyer new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about One Meyer new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a One Meyer condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since One Meyer is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of One Meyer such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive One Meyer in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about One Meyer is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. One Meyer also offer much better facilities than any other resale property.
Investing in a One Meyer newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
If you wish to visit One Meyer Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of One Meyer Condominium.
Get in touch with One Meyer Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about One Meyer units today!
One Meyer Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make One Meyer their dream home.
Do register early to book your One Meyer Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting One Meyer Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase One Meyer Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to One Meyer. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
You are only one-step away from owning a unit in One Meyer.
Thank you for Your interest in One Meyer.
Be among the first to view and book One Meyer a new life-style at former site of Albracca, at the lowest pre-launch price
Enjoy attractive prices before the official public launch. Be the first to secure your choice unit
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