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Brought to You by
UOL Group

Approximately 500 metres to
Upcoming Tanjong Katong MRT Station
Thomson East-Coast Line TEL

Please Register Here for
More Information and Updates!

PROJECT DETAILS

 
 

Meyerbank, nestled in the prestigious waterfront district of East Coast, along Meyer Road, is located in the Eastern Region of Singapore. Sitting at the former plot of land of Nanak Mansions, it has a land area of 109,631 sqft freehold land site has a plot ratio of 1.4 and it is set to give a distinctive difference among other developments in the vicinity. Meyerbank is about 400 metres distance to upcoming Tanjong Katong MRT Station on the Thomson East-Coast Line.

 

Meyerbank will have several features such as a well mixed communal swimming pool, tennis courts, BBQ area, a classy gymnasium, elevated deck, clubhouse, function room. Landscaping is taken into serious considerations for Meyerbank. A flower garden adds elegance to the the communal spaces in the condominium and this gives residents to unwind themselves over the weekends. Together, water features are blended nicely into the landscape. it offers a river-like feel to the surroundings. Resting areas will be uniquely build above some of the water features, hence taking relaxation to another level. The site’s landscapes are dazzling due to the presence of footpaths created alongside greenery gardens. Walkways and greenery are incorporated in the design of the surrounding landscape, bringing to life the traditional values of neighbourhood and community. They complement the condo’s exterior decor and amplify the environment within. On completion, Meyerbank will have well-maintained plantations where residents will have absolute relexation and feel with nature. Meyerbank will be constructed into a high-rise structure, consisting of 2 blocks of 14 storeys and 4 blocks of 15 storyes. with full facilities, distinctively comtemporary in details and carefull curated with finest materials and testures. Unit distribution ranges from 1 bedroom to 5 bedrooms with elegant, lavish interiors. According to the floor plan layout, each apartment will have comfortable spaces allocated to family rooms and dining area. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. At the kitchen, developers plan on equipping and mounting beautiful, durable cabinets on the wall as well as spice shelves. Attractive countertops will be fitted along and around the sink while the developers provide more segments below the surface. Additionally, branded and up-to-date applicances will blend well to ensure the convenience of the family members. On top of that, you will have an island to make and share meals with family. The homes are the ideal home for the 21st century lifestyle.

 

Meyerbank Condo- Functional layouts
Meyerbank floor plans are expected to be comprehensive and space efficient. Unit mixes is wide ranging from the more compact and popular 1 Bedroom and 2 Bedrooms for single professionals and young families start-ups and investors. There are also larger units for the home stayers from 3 Bedrooms, 4 bedrooms and 5 Bedrooms and Penthouses. Judging from UOL previous projects, their spaces are planned functionally where balconies are rightly sized, wardrobes and kitchen cabinets are nicely built onto the wall, to maximise usable area and lessen wastage on space.


** 29th Sept 2017- Former site of Nanak Mansions was sold for S$201.1 million, this translates to S$1429 per square feet per plot ratio, after factoring the development charges payable upon redevelopment

 

Residents will enjoy the location of Meyerbank and this includes the convenience for transportation with only short walking distance walk Tanjong Katong MRT Station serving the Thomson East-Coast Line (TEL)The Tanjong Katong MRT Station is also three stops to Gardens by the Bay and few stops to Marina Bay and Senton Way. 

 

Meyerbank Condo- Connectivity
Meyerbank is conveniently located approximately 500 m away from the upcoming Tanjong Katong 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 Meyerbank site (approximately 1.4 km). Set in the prime location, a 7 minutes’ drive will get Meyerbanks' future residents to the downtown Financial District and Marina Bay New Downtown. Meyerbanks' 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.

 

Meyerbank Condo- Amenities
In terms of accessing to dining, shopping and entertainment facilities, Meyerbanks' 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.


Meyerbank 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 Meyerbank.


Meyerbank Condo- Developer
UOL is Singapore leading developer with an extensive portfolio of developments and investment properties. UOL believes strongly in delivering product excellence and has several winning prestigious awards. It is one of the leading public listed property firms in Singapore.

The corporate profiles of the company includes few of the best known property landmarks in Singapore, which include residential units, office towers and shopping mals, hotels and service suites. UOL, through their hotel subsidiary Pan Pacific Hotels Group Limited (PPHG), owns and/or manages over 30 hotels, resorts and serviced suites in Asia, Oceania and North America under two acclaimed brands, namely “Pan Pacific” and PARKROYAL. Its recent residential portfolios includes Principal Garden, Botanique at Bartley, Seventy Saint Patrick's, Riverbank at Fernvale.

Their unwavering commitment to architectural and quality excellence is reflected in all our developments, winning them prestigious awards such as the FIABCI Prix d’Excellence Award, Aga Khan Award for Architecture, Urban Land Institute Awards for Excellence and President’s Design Award.

 

UOL is proud to present you another of their quality condo development, Meyerbank. With a central location towards City and good connectivity, proximity to several good schools and lush greenery views around the site make it an excellent choice for own-stay. Residents will enjoy the location of Meyerbank and this includes the convenience for transportation with only short walking distance walk Tanjong Katong MRT Station serving the Thomson East-Coast Line (TEL)The Tanjong Katong MRT Station is also three stops to Gardens by the Bay and few stops to Marina Bay and Shenton Way. 


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First Hand Information

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Project  MeyerBank
Developer  UOL
Location  Meyer Road
District  16
Tenure  Freehold
Site Area  10,185 square metres/ 109,631 square feet
GFA:  14,258 quare metres/ 153,482 square feet
Plot Ratio  1.4
Expected TOP:
Total Units  Approximately 200 residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy
 
Meyerbank Condo Unit Mix Distribution
Unit TypeTypeArea (Square Feet)Total No. of Units
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA
Meyerbank Condo Facilities
TBA (Click HERE for More Info)
  • TBA
  • TBA
  • TBA 
Meyerbank Condo Price List
Unit TypeArea (Square Feet)PricingPSF
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA

WHY BUY MEYERBANK NOW?

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 Meyerbank 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 Meyerbank 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 Meyerbank 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 Meyerbank 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 Meyerbank 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 Meyerbank 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 Meyerbank 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. Meyerbank also offer much better facilities than any other resale property.

Investing in a Meyerbank 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.

LOCATION and AMENITIES- MEYERBANK

Nanak Mansions

Amenities Near Meyerbank

Category Important Amenities Near Meyerbank, former site of Nanak Mansions Approximate Distance
Train Stations Dakota (CC8)
Katong Park (TE25) Thomson East Coast Line Due 2023
1.4km
0.6km
Bus Stop CP B1 (Bus: 401) 0.1km
Supermarkets Fairprice (Esso Mountbatten)
Cold Storage (Parkway Parade)
Giant (82 Marine Parade Central)
Sheng Siong (301 Geylang Road)
1.2km
1.5km
1.7km
2.4km
Shopping Malls Katong Shopping Centre
The Odeon Katong
Paramount Shopping Complex
Roxy Square
Parkway Parade
I12 Katong
Leisure Park Kallang
1.3km
1.4km
1.4km
1.5km
1.5km
1.7km
2.0km
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
0.4km
1.0km
1.1km
1.5km
1.5km
1.6km
1.8km
1.9km
1.9km
2.0km
Primary
Tanjong Katong Primary School
Kong Hwa School
1.3km
1.7km
Secondary
Chung Cheng High School (Main)
Dunman High School
Northlight School
Tanjong Katong Girls’ School
Broadrick Secondary School
Tanjong Katong Secondary School
1.0km
1.2km
1.3km
1.3km
1.4km
1.4km
Junior College
Dunman High School 1.2km
Tertiary
Singapore Management University 4.8km
International
Canadian International School (Tanjong Katong Campus)
Chatsworth International School (East Campus)
1.0km
1.0km
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
1.2km
1.5km
1.6km
1.6km
1.8km
Lifestyle East Coast Park
Chinese Swimming Club
Singapore Swimming Club
The Eurasian Association
Kallang Cricket Ground
Kallang Netball Centre
Kallang Squash & Tennis Centre
0.8km
0.9km
1.3km
1.7km
1.7km
1.8km
1.8km

FACILITIES SITE PLAN E-BROCHURE- MEYERBANK

The Facilities and Site plan of Meyerbank are currently seeking approval from relevant authorities.

If you would like to be updated on first hand information for this upcoming Meyerbank, walking distance to Tanjong Katong MRT Station. Please
Register with Us
for More information!

comingsoon

RESIDENTIAL FLOOR PLANS E-BROCHURE- MEYERBANK

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for your E-Brochure, Floor Plans and Pricing Here when available!!

comingsoon

  • Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
  • Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
  • Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
  • Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.

AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF- MEYERBANK

comingsoon

Like any other new launches, the prices of Meyerbank will only be announced on the sales day. Indicating pricing will be announced earlier. 

Meyerbank is a new condo at the former site of Nanak Mansions, and was sold to UOL Group.

Developers are in the business of building houses for people, they want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. If we look at a property parts the most expensive component will be the land, followed by the construction costs. This is similar to Cost of Goods Sold (COGS) in accounting terms. 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 $350 psf for a mass market condominum.

  • Administrative expenses: Staff costs, office rents etc..
  • Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
  • Finance costs: interest expense paid to the finance institutions for financing the development.

30% of the base cost that cover the construction and other expences will be the profits. Add them all up and you will get the estimate launch price.

Land Cost: $

Construction Cost: 

Marketing expense:

Profit margin: 

Estimated launch price: 

AFFORDABILITY and SINGAPORE PROPERTY PRICES, SUPPLY PIPELINE and VACANCY RATES

Residential property prices in Singapore are relatively affordable compared with major economies in the region and the world.




According to URA, the residential property price indexes has a decline for the past 15 quarters since mid 2013. The index has fallen approximately 10% since then and has bounced back in the 3rd quarter of 2017.


 

Many several analysts reported this is a turning point for the residential market in Singapore, considering the amount of liquidity available to the eb-bloc owners, low residential housing supply and increase in the value of land in Singapore. 


 

While many will prefer to wait and watch the market whether this recovery is strong and stable, sellers and developers would have raised the prices above the present prices at this moment due to further inflation. 


Register HERE for a presentation to understand why the property market is heading towards an upward trend.

DEMAND, RENTAL YIELDS and PRICES IN AMBER

THOMSON EAST COAST MRT LINE TO BE COMPLETED IN 2024

Thomson-East-Coast-Line

The Thomson-East Coast Line (TEL) is a joint line between the Thomson Line and the Eastern Region Line.

The 43km TEL will add 31 new stations to the existing rail network, with 7 interchange stations, which will link to the East-West Line, North-South Line, North-East Line, Circle Line and the Downtown Line.

The 13km eastern stretch will run through the neighbourhoods of Tanjong Rhu, Katong Park, Amber, Marine Parade, Marine Terrace, Siglap, Bayshore, Bedok South and Sungei Bedok. The first seven stations, from Tanjong Rhu to Bayshore, will be ready in 2023. The stations in Bedok South and Sungei Bedok will be ready in 2024.

MRT Lines

When the 43km-long TEL is completed in 2024, a trip from East Coast Park to Orchard is expected to take just 45 minutes, compared to 75 minutes. Commuters travelling from Marine Parade to the Central Business District will halve their travel time from 40 minutes to 20 minutes.

The TEL will also connect with the upcoming Downtown Line which will have a new extension consisting of the Xilin station and the Sungei Bedok interchange station. This is to improve public transport accessibility to the Changi Business Park and Expo areas, he said.

The 31 stations of the TEL are expected to serve about half a million commuters daily in the initial years and twice that in the long term. To make way for the construction of the eastern stretch of the line however, six landed properties along Amber Road and a three-storey apartment along Tanjong Katong Road will be acquired.

The world's first four-in-one train and bus depot will also be built with the TEL. It will house buses and trains for the TEL, East-West Line and Downtown Line. The 36ha depot can house about 220 trains and 550 buses and integrating the depot for both buses and trains will help to save close to 60 football fields of land space.

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