MEYER BLUE CONDOMINIUM
Former Meyer Park . Freehold Luxury @ East Coast Singapore
Register for Showflat Viewing . By UOL + Singapore Land
Register for Showflat Viewing . By UOL + Singapore Land
UOL has launched the Meyer Blue condo for sale, the latest masterpiece collectible property in its Luxury Masterpiece Collection, in the likes of Nassim Park Residences, MeyerHouse, and Watten House. This new freehold project in Singapore’s East Coast offers luxury homes befitting its Meyer Road address, with wide sea and city skyline views.
It is being developed by a collaboration of UOL and Singapore Land, on the site of the former Meyer Park. The Meyer Park location is said to be the most upscale precinct of District 15. This district is zoned as Rest of Central Region, on the fringe of, and a short drive from the CBD.
UOL is no stranger to this location. In fact their last foray into Meyer Road itself was just a few doors away, where they launched MeyerHouse. This comprised only large-sized apartments that were claimed to set a new standard for “ultra luxury living in the East Coast”.
So much so that MeyerHouse won the “Design of the Year award” at the Singapore Institute of Architects’ Architectural Design Awards 2022.
Meyerhouse has since sold out. As UOL Group’s CEO, Liam Wee Sin noted then, “Meyer Road is a highly coveted address.”
Regarding their acquisition of the Meyer Park site to develop Meyer Blue, Mr Liam said, “This acquisition is a timely replenishment, especially with the recent 100% sellout of our MeyerHouse development. Given its freehold tenure and exclusive locale, we see the opportunity to develop this site into a luxury development with about 230 to 250 units in a high-rise block to capitalise on the unblocked views.”
He added, “Leveraging our experience in developing a luxury collection and the strong attributes of the site, we expect to see keen interest from both homebuyers and investors looking for a prime newly built high-rise residential development with freehold tenure, which is increasingly rare.”
Meyer Blue residence is also about seven minutes walk to Katong Park station on the Thomson-East Coast MRT Line.
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Design Concept . Luxury by the Coast
In UOL’s words:
“With its views over the ocean blue, MEYER BLUE is a rare freehold masterpiece that unfolds alongside breathtaking prospects on the horizon. Where treasured heritage meets experiential luxury, lies a home where every moment is an exquisite work of art, waiting to be discovered and cherished. In the open skyline, gather more time and space for life’s finer things, one generation to the next.”
From here, the coast is clear.
Facilities here will include two swimming pools and two gyms amongst other facilities inspired by Grand Beach clubs. One of the gyms will be at the 26th floor Sky Terrace, along with the Meyer Club and Sky Lounge.
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Register interest for updates or showflat viewing here.
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The Meyer Blue Condo Neighbourhood
The neighbourhood of this project holds a strong appeal to home owners for several reasons. To start with, it is almost purely a private residential estate, comprising high-end condominiums and landed homes.
Along Meyer Road, to the east and west of Meyer Blue Singapore, is a row of similar high-rise condos. Across Meyer Road to its north, is a low-rise landed housing estate that stretches for some distance.
And to its south, across the ECP (East Coast Parkway), it faces East Coast Park & Beach, and the sea.
Hence higher-floor residents should enjoy panoramic views. Either north over the landed estate, west to the city skyline, or south to the sea and park. There aren’t that many residential projects in Singapore offering this luxury of wide unblocked views and privacy.
In addition, there is an underpass nearby that links directly under the ECP, to East Coast Park and beach. Being within a short walk of the beach has its attractions too, especially for sea and beach lovers.
Besides the recreational facilities at East Coast Park, the site is also not far from some popular schools. Such as Tao Nan Primary, Kong Hwa School, Victoria Junior College, and Dunman High School.
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The Meyer Blue Residences Development
As for the Meyer Blue condo itself, one plus point is its very decent land size, for a freehold project. Typically for new freehold condo launches, there are more small ones, than bigger ones of over 100 units.
The land for freehold launches comes only from collective (en-bloc) sales, not from government land sales. A large proportion of these are small land parcels. So to have a plot of 96,000 sq ft of freehold land that can house over 200 units, is rarer, and generally sought after.
It is not only the fact that such a land size allows for the full range of facilities, besides gardens and landscaping. It is also allows for enough units to generate an appreciable volume of resale and rental transactions.
The more units there are, the more vibrant and active its resale and rental market. Transaction volume is crucial.
For prices to be pushed up in a rising market, there must be a flow of recent transactions. Bank loan valuations are computed from recent transacted prices. If transactions for the project are few and far between, valuations for it would not rise as fast.
Hence freehold launches of over 200 units that are generally rarer, like the Meyer Blue condo, command more interest.
All the more so as there are few such freehold launches with units still available for sale in the vicinity. The most recent were Meyer Mansion next door, and the 99-year leasehold Liv@MB nearby, both of which have since sold out.
Like them, Meyer Blue also has the added attraction of being built by branded developers. Both UOL and Singapore Land are well-established home-grown firms, widely regarded as among Singapore’s most reputable property players.
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Meyer Blue Condo . About the East Coast
The East Coast of Singapore has long been regarded as one of the most prestigious and sought-after areas to live in near the city. Its appeal can be attributed to various factors, that make it a favourite amongst both home-owners and tenants.
View from 21st Floor of Site to Sea and City Skyline
One reason behind the East Coast’s desirability stems from its historical significance. During colonial times, town planning designated this region as an enclave for the influential and rich. It was a place where the elite built their bungalows and seaside retreats. Incidentally it was notorious for being where some of these affluent set up homes for their mistresses too. Back then, the East Coast enclave ranked on par with the Bukit Timah district.
Another key factor contributing to the appeal of this suburb is its proximity to the central business district. Conveniently located on the city fringe, this place is a 10-minute drive from prominent business hubs such as Shenton Way, Raffles Place, and the Marina Bay financial district. It does not hurt either that Changi Airport is easily and quickly accessible via a direct expressway link.
Besides these factors, the East Coast exudes a unique charm that sets it apart from other parts of Singapore. Unlike many rebuilt areas, the East Coast retains broad swathes of heritage shophouses and private landed housing estates. There are only a few small HDB precincts in the vicinity. This preservation of historical architecture creates a culturally rich environment, complemented by a vibrant food scene.
However, what truly distinguishes the Meyer Road area is its proximity to the East Coast Park and Beach, with the sea just beyond the East Coast Parkway (ECP) expressway. Meyer Blue boasts a beachfront location, offering residents unobstructed views of the sea.
The main drawback however, is that south-facing apartments get the traffic noise from the ECP. But that hasn’t stopped other developments here from being in demand still. Perhaps the draw of privacy and sea views compensates for it, especially when mitigated by acoustic treatment, as is the case here.
So all in all, this place could be a very nice one indeed to live in.
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Register interest for updates or showflat viewing here.
Project FactSheet
Name | MEYER BLUE |
Developer | United Venture Development (Meyer Blue) Pte Ltd (JV of UOL Group Limited and Singapore Land Group Limited) |
Status | Condominium (Foreigners eligible to buy) |
Address | 83 Meyer Road, Singapore 437910 81 Meyer Road, Singapore 437908 (Management Office) |
District | 15 |
Site Area | 8,981.1 m² (96,672 sq ft) |
Floor Area | 25,147 m² (270,683 sq ft) |
Plot Ratio | 2.8 |
Tenure | Estate in Fee Simple (Freehold) |
Expected NOVP Date | 31 December 2028 |
No. of Storeys | 26 |
No. of Blocks | One |
No. of Units | 226 |
Project Description | Residential Flat Development comprising 1 Block of 26-storey Apartments (total 226 Units), 1 Level of Basement Carpark, Swimming Pool and Communal Facilities, on Lot 04029P Mk 25 at Meyer Road (Marine Parade Planning Area) |
Architect | P&T Consultants Pte Ltd |
Landscape Consultant | Henning Larsen (Formerly Ramboll Studio Dreiseitl Singapore) |
Project ID | Peter Tay Studio Index Design Pte Ltd |
Sales Gallery ID | Peter Tay Studio Sujonohun |
Main Contractor | Unison Construction Pte Ltd |
Quantity Surveyor | ThreeSixty Cost Management Pte Ltd |
Developer Solicitor | Drew & Napier LLC |
Project Account | UNITED OVERSEAS BANK LIMITED FOR PROJECT ACCOUNT NO. 772-340-173-2 OF UNITED VENTURE DEVELOPMENT (MEYER) PTE. LTD. |
Meyer Blue Floor Plans
The Meyer Blue floor plan brochure is available. Kindly drop us a note below if you wish for a copy to be emailed / whatsapped to you.
The Meyer Blue Condo Site Plan
Meyer Blue Singapore will be a high-rise condominium within the private residential estate of Meyer Road. It occupies a trapezoid-shaped site, set in a roughly north / south direction.
It is one of a row of similar high-rise developments lining the south side of Meyer Road. Across on the north of Meyer Road is the low-rise landed housing estate of Mountbatten precinct.
The main entrance / exit of the site is via Meyer Road, on its north. To the south of the site, separated by a planting strip, is the East Coast Parkway (ECP). Beyond the ECP lies East Coast Beach and Park, and the sea off the south-east coast of Singapore.
This offers higher-floor south-facing units wide unobstructed views of the park, sea, and perhaps the Marina Bay skyline. North-facing units get pretty unblocked views too, serene vistas of the landed homes, with its gardens and peaceful surroundings. Anyway whichever side it is, there should be plenty of natural light, and refreshing winds.
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Meyer Blue Condo Showflat · Viewing
The Meyer Blue showflat started previews in September 2024. Sales commenced from 4 October 2024.
Please drop us a line below if you wish to book a slot to view the showflat.
Showflat Unit Types
✤ 2 Bedroom Premium . Type BP1 . 62 sq m / 667 sq ft
✤ 3 Bedroom Premium . Type CP1 . 106 sq m / 1,141 sq ft
✤ 4 Bedroom Premium + Study (with Private Lift) . Type DPS1 . 161 sq m / 1,733 sq ft
Meyer Blue Prices · Unit Types
UNIT TYPES . SIZES
Unit Desc | Type | No. of Units |
Strata Area (sq m) |
Strata Area (sq ft) |
2 Bedroom Premium | BP1 | 50 | 62 | 667 |
2 Bedroom Premium + Study | BPS1 | 25 | 66 | 710 |
3 Bedroom | C1 | 25 | 92 | 990 |
3 Bedroom Premium | CP1 | 24 | 106 | 1,141 |
4 Bedroom Premium (Pte Lift) | DP1 | 25 | 142 | 1,528 |
4 Bedroom Premium (Pte Lift) | DP2 | 25 | 141 | 1,518 |
4BR Premium + Study (Pte Lift) | DPS1 | 25 | 161 | 1,733 |
5 Bedroom Suite (Pte Lift) | E1 | 25 | 177 | 1,905 |
Penthouse | PH1 | 1 | 278 | 2,992 |
Penthouse | PH2 | 1 | 274 | 2,949 |
Total Number of Units | 226 |
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
THE MEYER BLUE PRICE RANGES
Please drop us a note below if you wish to know pricing of any particular unit type, and their availability.
BREAKDOWN OF MEYER BLUE PRICING
The Meyer Blue site, located at 81 and 83 Meyer Road, was formerly that of Meyer Park. This land parcel of 8,981.1 square metres was put up for collective enbloc sale, and sold in February 2023.
United Venture Development (No 6), an 80/20 joint venture of UOL Group and Singapore Land Group, paid SGD$392.18 million to acquire the site. Both UOL and Singapore Land are separately listed entities under the Wee family, who own and run United Overseas Bank.
Under URA’s Master Plan, the site is zoned for residential use at a plot ratio of 2.8. It could therefore be rebuilt up to gross floor area of 25,147 square metres (270,683 square feet).
Including a land betterment charge of around SGD$90.9 million, the land rate works out to about $1,668 per square foot per plot ratio (PSF PPR), after factoring in 7% bonus balcony area.
That is for the land cost alone. On top of that will be all the other development, financing, and overhead costs and charges. Which could add up to anywhere from $2,600 to $2,800 PSF PPR. So the selling price is likely to be north of that.
About the Developer
Meyer Blue Singapore will be developed by United Venture Development (No 6) Pte Ltd. This is an 80:20 joint venture of UOL Group with Singapore Land Group.
Both are local companies that are actually related, and among Singapore’s most well-regarded developers. Each comes with a long track record and reputation for quality, both in the mass market as well as higher end real estate sectors.
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UOL Group Limited (“UOL” or the “Group”)
Since its establishment in 1963, the Group has continuously shown a strong commitment to architectural merit and quality work. With a remarkable portfolio of award-winning projects, it has solidified its position as one of Singapore’s most reputable property developers.
UOL’s pursuit of architectural merit and commitment to excellence resonates through its projects. This has earned it international recognition, and accolades such as the coveted FIABCI Prix d’Excellence Award, the Aga Khan Award for Architecture, and the Singapore President’s Design Award.
Beyond its residential projects, the Group has expanded its reach into the hospitality industry and commercial realm. It manages and/or runs over 30 resorts, hotels, and serviced suites across North America, Asia & Oceania under brands like Pan Pacific, ParkRoyal, and the ParkRoyal Collection.
Crafting Masterpiece Homes: Central to UOL’s vision is the creation of elegant “masterpiece” homes. Each such development is thoughtfully designed to harmoniously blend with its surroundings and is set amidst beautifully landscaped grounds. By meticulously curating every aspect of the living experience, UOL hopes to provide residents with homes that are meet their lifestyle needs.
Over the years, the Group has gained a reputation for delivering quality and showcasing an understanding of the market. This is a result of the Group’s attention to detail, innovation, and steadfast commitment to meeting the evolving needs of homeowners.
Among the many local residential developments that UOL has undertaken, are ones like Duchess Residences, MeyerHouse, Spottiswoode Residences, Nassim Park Residences, Southbank, Newton Suites, One-North Residences, Amber45, Waterbank @ Dakota, Principal Garden, Meadows @ Pierce, The Tre Ver, and Seventy St Patricks.
To find out more on UOL, see the website at https://www.uol.com.sg (opens in new window).
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Singapore Land Group Limited (“SingLand” or “the Group”)
Listed on the SRX since 1971, SingLand is a leading home-grown real estate company. It was formerly named as United Industrial Corporation (UIC), and is a unit of the UOL Group. Both have collaborated on projects several times, and leveraged on each other’s strengths in doing so.
SingLand oversees a diverse property portfolio involving retail, residential, commercial, and hotel real estate. These span both key overseas markets, as well as Singapore itself.
Within Singapore, the commercial holdings currently hover around 1 million square feet of retail real estate and 2.5 million square feet of office space. Some are located in places like The Gateway, Marina Square, SGX Centre, Clifford Centre, ABACUS Plaza, Singapore Land Tower, Tampines Plaza, and West Mall.
Overall, the Group seeks to create environments that empower business, community, and people to work and thrive together.
SingLand’s projects, some developed in conjunction with UOL, include Clavon at Clementi, V on Shenton, The Tre Ver, Clement Canopy, and Avenue South Residence.
Meyer Blue Condo Location · Features
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Location. The Meyer Blue condo location lies along Meyer Road, within the East Coast / Katong area. This is an exclusively private residential estate, in the historically upmarket District 15. District 15 has traditionally been ranked just after the Orchard Road / Bukit Timah / Newton districts.
The site fronts the East Coast Parkway (ECP), as well as the East Coast Park and Beach. It therefore enjoys sweeping sea views, with angled views to the CBD skyline.
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Supermarkets, Dining, Shops, Banks. The nearest big mall is Parkway Parade at Marine Parade. That’s the go-to place for the shopping needs of most East Coast residents. There are other smaller malls in the vicinity too, like I12. But Parkway Parade offers the most complete shopping experience.
Besides cafes, fast food joints, restaurants, supermarkets, pharmacies, cinema and a food court, it boasts a wide selection of shops. Interestingly, Marine Parade is one of only two places in Singapore where you can find branches of almost every major retail bank within a 5 minute walk radius.
Though Marine Parade is not within a short walk of the Meyer Blue location, it will be directly linked to the Marine Parade MRT station that is two stops after Katong Park station. Actually for that matter, once onto the train network, plenty of other shopping centres are within easy access too.
And of course, the East Coast / Katong area is justly famed for its many food haunts. They offer a wide variety of food choices, scattered among old shophouses, and lining the backlanes. Ranging all the way from old time hawker favourites to fusion cuisine, from cosmopolitan to eclectic.
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Schools & Academic Institutions. There are no primary schools within a one km radius. Kong Hwa Primary and Tanjong Katong Primary are likely within 2KM radius.
Other academic institutions in the vicinity include Tao Nan Primary, Dunman High, Chung Cheng High, and Victoria Junior College. The Chatsworth International School (East Campus), and Canadian International School (Tanjong Katong Campus) may serve the expat community in the area.
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Sports, Leisure, Recreation. The appeal of East Coast homes fronting the ECP is that they are a short walk from East Coast Park. With the park comes the East Coast beach, lagoon, sea, and the cycling path and park connector. This joins the park connector that runs past Kallang, Marina Bay, and on to Gardens by the Bay. An underpass near the Meyer Blue location makes it easy to cross the ECP safely, to get to the beach.
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MRT Network. The Meyer Blue location is about 550m, or 7 minutes walk, to the Katong Park MRT station. This station on the Thomson East Coast Line is due to open this year, in 2024. From there it is about 15 minutes ride, or 6 stops, to Raffles Place and the CBD.
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Accessibility. Another reason for the strong appeal of East Coast homes, is their proximity to the CBD. The Meyer Blue condo location is about 3 minutes drive to the ECP. Once onto the ECP, it takes just 5 minutes to get on the MCE (Marina Coastal Expressway) towards town, or the KPE (Kallang Paya Lebar Expressway) northwards.
Off peak, it is a 15 minute drive to Raffles Place and the Marina Bay financial district. It is also a 15 to 20 minute drive to Changi International Airport in the other direction.