ONE MEYER CONDOMINIUM
Here is a preview of One Meyer, a new freehold luxury condominium coming up for sale in the East Coast area of Singapore’s District 15. It is being developed on the site of the former The Albracca at the corner of Meyer Road and Meyer Place, near Fort Road.
Note: This is NOT an advertisement for sale. Project is pending approval from authorities.
The One Meyer condo occupies what has to be one of the choicest sites available. It is directly across Meyer Road to the doorstep of the upcoming Katong Park MRT station on the Thomson-East Coast Line, slated for completion around the same time as One Meyer.
It should also enjoy completely unblocked views across Katong Park, to East Coast Park. Higher floor units will get full sea views without directly fronting the ECP (East Coast Parkway) to do so, and so avoid the worse of the ECP traffic noise.
The Meyer Road neighbourhood has always drawn affluent and high-income buyers, as it is arguably the most exclusive location outside the central region. In the overall East Coast area, that already enjoys a strong following from both locals and expatriates, Meyer Road is ranked at the top.
About the One Meyer Singapore Neighbourhood
Meyer Road and its East Coast neighbourhood, is considered the most upscale district outside the Core Central Region, almost on par with it in fact. It is easy to see why this locality draws such a strong and loyal following from its residents.
Here we have all the convenience of easy and quick access to the Central Business District, combined with a more relaxed feel, without the hemmed-in feeling of city living. The One Meyer condo location, just off Fort Road, is barely 10 minutes drive from the Raffles Place and Marina Bay Financial Districts. It is also an easy direct 20 minute ride from Changi Airport.
This relaxed feel can perhaps be partly attributed to having East Coast Park and Beach in front of it, 10 minutes walk away. It can also be attributed to the special ambience hanging over this place, an intangible atmosphere compounded of a mix of landed houses, new condominiums, and old shophouses bustling with all sorts of culinary fare.
Homes in District 15 are among the priciest and most sought after, ranking just after those of the prime residential enclaves of the central areas.
ONE MEYER SINGAPORE · FACTSHEET
|Status||Condominium (No restrictions on ownership)|
|Address||1 Meyer Place, Singapore 437988|
|Site Area||2,174 m² (23,400 sq ft)|
|Floor Area||4,565.4 m² (49,141 sq ft)|
|No. of Units||65|
|Description||Private condominium development of 65 luxury apartments with communal facilities, pool and car park|
ONE MEYER FLOOR PLANS
The One Meyer floor plan layouts are pending final approvals. Please drop us a note through the Contact Form if you would like the One Meyer condo floor plans to be sent to you once ready.
ONE MEYER SINGAPORE SITE PLAN
The One Meyer condo will be a mid-rise condominium development situated within the high-end residential estate of Meyer Road. It sits on a small rectangular parcel of land bounded by Meyer Place on its east, and Meyer Road on its south and west. The orientation of the plot is almost directly north-south.
To the east of the One Meyer condo, across Meyer Place, a small new development called Meyer Melodia is being built. Behind One Meyer on its north is Meyer Residence. And beside it on its west is a row of 2 to 3 storey high houses.
Note that the land on which these houses are sited is also zoned at the same plot ratio, 2.1, so it could eventually be built up to the same height. These will front Fort Road, and in future provide an even stronger buffer between One Meyer and the main road.
To the south of the site, across Meyer Road we have Katong Park. This park is a fixture in the East Coast area, well loved by its residents and their dogs. Right now it is partly covered by the ongoing construction work for the Katong Park MRT station along its Meyer Road edge, but once that is completed, the park will go back to its peace and greenery.
The best thing about having the park on its doorstep, are the open views across to East Coast Park, and for high floor units, the sea views. Besides the likely winds and sea breezes.
ONE MEYER SHOWFLAT · VIEWING
The One Meyer showflat is not ready yet. Please drop us a line via the Contact Form if you wish to be kept posted when the One Meyer condo showflat is about to open.
ONE MEYER PRICES · UNIT TYPES
UNIT TYPES . SIZES
|Unit Description||Type||No. of Units||Strata Area
|Total Number of Units||65|
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
ONE MEYER PRICE RANGES
The One Meyer prices are not decided yet. Please register via the Contact Form if you wish to be kept posted on the indicative price when available.
BACKGROUND TO ONE MEYER PRICE ESTIMATES
The site was formerly occupied by The Albracca, that was sold to Sustained Land for $69.12 million, in an en-bloc deal in July 2017.
With the site spanning an area of 23,400 square feet and a plot ratio of 2.1, this works out to a permissible gross floor area of 49,141 sq ft. Hence the purchase price equates to a land rate of $1,409 per sq ft per plot ratio (PSF PPR), inclusive of development charges payable to maximise the use of the land.
After factoring in development costs of close to $600 PSF, the break even cost to Sustained Land would be close to $2,000 PSF.
The final selling price could be close to similar new freehold launches in the neighbourhood, that have ranged between $2,300 to $2,500 PSF.
ONE MEYER SINGAPORE · DEVELOPER
One Meyer Singapore is being developed by Sustained Land Pte Ltd. Sustained Land is a local company with its headquarters in Singapore, but work with a number of associates, subsidiaries, and joint venture partners to serve a diverse clientele.
Since its inception in 2006, Sustained Land’s mission is to develop homes of quality and style, that are also functional. They have a talent for spotting good sites and a penchant for acquiring scarce freehold land for their projects.
Its residential projects include 8M Residences in Margate Road and The Line at Fort Road (both near by to One Meyer), Regent Residences, Tre Residences at Aljunied MRT station, Suites de Laurel in Bukit Timah, Sturdee Residences, The Poiz Residences at Potong Pasir MRT station, Coastal Breeze Residences, Coastal View Residences, Casa Al Mare, to name but a few.
ONE MEYER CONDO LOCATION · FEATURES
Location. The One Meyer condo location is at 1 Meyer Place, in the Katong / East Coast district. This area is considered one of the most exclusive private residential neighbourhoods in Singapore, just after the prime Orchard Road / River Valley / Holland Road districts.
It is part of the line of private condominiums facing East Coast Park across the East Coast Parkway (ECP) . However One Meyer does not directly front the ECP, and so escapes the worst of the expressway noise.
F&B, Supermarkets, Shops and Banks. Parkway Parade is the focal point for the dining, shopping, and banking needs of the East Coast. Here you can get almost everything under one roof. Whether it be supermarkets (they have two), food court, cafes and restaurants, fast food, salons, fashion, electronics, lifestyle products and DIY shops. There is even a cinema, and branches of almost all the retail banks.
Parkway Parade will be linked directly to the upcoming Marine Parade MRT station. So it will be a simple matter in future of crossing the road to Katong Park station, hopping onto a train and riding 2 stops, and emerging directly into Parkway Parade.
For more dining options, whether local hawker fare or cosmopolitan, there is a wealth of lip-smacking alternatives lining the streets and various nooks and corners of Marine Parade and Katong, besides those of Joo Chiat and Siglap.
Sports and Recreation. Another attraction of One Meyer is that it is within walking distance of East Coast Park and Beach. As well as to the park connector and cycling path that links to Kallang Basin, Marina Bay and Gardens by the Bay. Some residents even cycle to or from work that way, combining exercise with a pleasant way of getting to work.
Nearest MRT Station. The One Meyer location is just opposite, about a minutes walk, to the upcoming Katong Park MRT station on the Thomson East Coast Line (TEL), that is slated to open in 2023, around the same time as the TOP date of this development.
Accessibility. One major reason that East Coast homes are so popular is their accessibility to the city. The One Meyer condo location is less than 2 minutes drive to / from the ECP via Fort Road, which links to the MCE (Marina Coastal Expressway) and expressway network.
It basically straddles two key points. The Marina Bay and Shenton Way Financial Districts westwards are less than 10 minutes ride off-peak. Eastwards, it takes roughly 20 minutes to drive to Changi International Airport.
- 1 to 3 Mins Walk to MRT
- 10 to 12 Mins Walk to MRT
- 13 to 15 Mins Walk to MRT
- 16 to 18 Mins Walk to MRT
- 19 to 21 Mins Walk to MRT
- 22 to 24 Mins Walk to MRT
- 25 to 27 Mins Walk to MRT
- 28 to 30 Mins Walk to MRT
- 31 to 33 Mins Walk to MRT
- 34 to 36 Mins Walk to MRT
- 37 to 39 Mins Walk to MRT
- 4 to 6 Mins Walk to MRT
- 7 to 9 Mins Walk to MRT
- Deferred Payment Scheme
- Dual Key Units
- Luxury High-End Project
- Near Park / Nature Reserve
- Near Reservoir
- Near Shopping Mall
- Near Sports Complex
- Near to City
- Payment Scheme
- Prime District
- Progressive Payment Scheme
- Proximity to Primary School
- Sea / Water Views
- Special Discounts
- Special Features
- Star Buys
- Walk to MRT
- Within 1KM of Ai Tong Primary School
- Within 1KM of Anglo Chinese Primary School (Barker Road)
- Within 1KM of Catholic High
- Within 1KM of Cedar Girls Primary School
- Within 1KM of Holy Innocents Primary School
- Within 1KM of Kong Hwa Primary School
- Within 1KM of Maris Stella
- Within 1km of Methodist Girls' Primary School
- Within 1KM of Nan Chiau Primary School
- Within 1KM of Nan Hua Primary School
- Within 1KM of Ngee Ann Primary School
- Within 1KM of Paya Lebar Methodist Girls' Primary School
- Within 1KM of Raffles Girls Primary School
- Within 1KM of River Valley Primary School
- Within 1KM of Rosyth Primary School
- Within 1KM of Singapore Chinese Girls' Primary School
- Within 1KM of SJI Junior
- Within 1KM of St Andrews Primary School
- Within 1KM of Tao Nan Primary School