One Meyer Review – A rare find in the East Coast (updated in 2019)

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Searching for One Meyer? In this review, I will show you some facts and analysis. Please follow Quick Links or feel free to contact us for latest movement or register your interest.

One Meyer showflat is expected to open in mid Feb 2019. At the moment, information are partially available. I will keep this post updated. Stay tuned!

One meyer logo

One Meyer Overview

one meyer perspective sea

The most highly-anticipated new launch of Q1/2019 has finally arrived! Introducing One Meyer, a super rare freehold luxury condo project located right in the heart of East Coast (Meyer Road) in District 15, one of the most prestigious and upmarket districts in Singapore. Not only that, this project is also one of the few condos in the area where residents can enjoy vantage sea view without the traffic noise coming from ECP, thanks to the Katong Park in front.

Proudly brought to you by Sustained Land, One Meyer sits on the former freehold condo The Albracca which was sold en bloc in July 2017 for $69.1m.

Albracca
Existing Albracca Condo

Top 5 reasons why you should consider One Meyer

one meyer perspective

1. One Meyer is located along Meyer Road in District 15, one of the most sought after and priciest private residential areas in Singapore.

2. Currently under construction, when Thomson-East Coast Line becomes fully operational in 2023, One Meyer will see a major potential upside as Katong Park station is just at the doorstep.

3. Be awed by the superb panoramic unblocked views of East Coast Park and Sea.

4. With its modern glass façade, One Meyer will stand out amongst the many older developments as a new icon in Meyer Road/Katong area.

5. With The Albracca being the first development sold en bloc within the past three years, this gives One Meyer a first mover advantage as the developer can offer buyers a lower and more attractive property price. (more elaboration in the competitive market analysis below)

Location

one meyer location

One Meyer is located at the junction of Meyer Place and Meyer Road in Katong, an area exclusive to private condominiums.

You can get to One Meyer via a variety of transport options, both public and private. Long travelling time by bus to other parts Singapore will be shortened with the completion of Thomson-East Coast Line in 2023. One Meyer will be served by Katong Park MRT, right at the doorstep.

Carbon footprint is significantly reduced with both East Coast Park and Geylang Park Connectors in close proximity. This is good news for cycling enthusiasts.

Driving to major places of interest in Singapore is also not a long journey with Singapore Sports Hub no more than 7 minutes and CBD/Changi Airport no more than 15 mins via ECP.

one meyer amenities
One Meyer Amenities

A wide-ranging choice of reputable education facilities from pre-school to tertiary institutions is also available within 2km from One Meyer. Within walking distance sees pre-schools Montessori and EtonHouse in Mountbatten, and SAP/IP school Dunman High in Tanjong Rhu. Other reputable schools include Kong Hwa School, Chung Cheng High School and Tanjong Katong Girls’ School.

Doorstep to upcoming Thomson Line ready by 2023.

Katong Park MRT Construction Site
Katong Park MRT Construction Site

One Meyer situated at quiet Meyer place neighborhood.

One Meyer Place

Site Plan

one meyer site plan

While 23,400 sq ft is not a big condo project, what One Meyer offers is privacy and exclusivity. This one block condo featuring a glass façade look will definitely be the stunning jewel in Mayer Road.

For those living in level 11, the view is already stunning as all units face East Coast Park/ECP. Furthermore, if you stay above level 12, you get to enjoy unblocked views of the sea and East Coast Park. As Katong Park is a zoned for “park” usage by URA, it is an assurance that no new project will be built in front of One Meyer.

Project Details

Project Details One Meyer
Location 1 Meyer Place SIngapore 437988
District 15
Developer SL Capital Pte Ltd
Site Area 23,685sq ft / 2,200 sqm
Architect Ronny Chin Architects Pte Ltd
No. of Blocks 1 block
No. of Storeys 19 storeys
Payment Scheme Normal Progressive
Site Use Residential Flat Developement
Tenure Freehold
Total No. of Units 66 Units
No. of Car Park Lots 66 Lots + 2 Barrier Free
Expected Date of TOP Est. 2023
Expected Date of Legal Completion Est. 2026
Security 24 Hours Security Guard

One Meyer Price, Unit Types, Sizes

*Estimated. Subject to change.

Bedroom Type No of Units Size Sqft min Price Min.
2 Bedroom 32 614 $1.54M
3 Bedroom 17 915 $2.28M
3 Bedroom Premium 17 1,033 $2.47M
Total 66

One Meyer Floor Plan

Consisting of only 2 and 3-bedrooms units, all units are North-South facing with balconies facing Meyer Road, giving residents on higher levels a wide-angle panoramic view of East Coast Park and even Riau Islands, Indonesia on clear days.

Looking at 3-bedroom Type B, a private foyer separates the door entrance and the living/dining areas. This gives resident the best privacy possible from the corridor/lift lobby.

The unit provides great ventilation with a window opening at the foyer which will let the air flow through kitchen and another small opening in the dining area which link through the whole dining & living area towards balcony.

Contrary to what traditional three bedroom layout which usually comes with long corridors, this design looks much more efficient with almost no wastage of space in between all the rooms.

one meyer 3bed
One Meyer 3 bedroom
One Meyer 2 bedroom
One Meyer 2 bedroom

As with every high-end condo projects, One Meyer will also feature luxurious furnishings to complement its glass façade building.

All the doors are fitted by Italian brand Fenix. Its nanotechnological material is characterised by its anti-fingerprint and fireproof capabilities while making it opaque and extremely durable. Securing your home is a top priority and Samsung, with its latest smart digital door locks, is the peace of mind you need.

Marble floorings will run throughout the unit for the opulent look you have been dreaming: Milas Pearl Marble from Turkey for living/dining areas and balcony, Grigio Carnico Marble from Italy for Master bedrooms, its white veins against a dark background add beauty to the bathrooms. Bedroom furnishings are made of solid walnut timber, a strong and durable hardwood that can lasts a lifetime with proper care and maintenance.

One Meyer Price Comparison

One Meyer CMA

With reference to price list of 2-bedrooms, One Meyer is considered a good buy if launch price is around $2300-2400 based on competitive market analysis. Seaside Residences, a 99 year leasehold project, transacted at average of $1900psf, is located in Bayshore, right at the opposite end of East Coast.

2-bedrooms supply in the areas are very limited with healthy take up rate for developer sales. At the time of writing, there's only last three units available in The Line @ Tanjong Rhu from 1.66M up, and last two units left with Amber 45 from $1.76M.

Moreover, One Meyer has an edge over The Line @ Tanjong Rhu and Amber 45, the un-obstructed sea view. With that in mind, it makes even more sense to invest in One Meyer should launching price be in the same range.

D15 Upcoming 2019 Launches
D15 Upcoming 2019 Launches

Taking stock of the upcoming new launches in 2019, One Meyer being one of the lowest land price project, will be able to offer investors pricing advantage over other projects. And in terms of closeness to MRT & town, panoramic sea view, One Meyer also stands out strongly among all.

Check out other East Coast new launches in 2019, Click Here.

Some thoughts on One Meyer

1. Being a small condo project means One Meyer will not get to include fancy mega facilities that other bigger projects offer, notably The Waterside and The Belvedere nearby.

2. Although many prestigious educational institutions can be found near One Meyer, unfortunately none of them are within 1km radius.

3. One Meyer has good attribute for rental because of readily available good schools from pre-schools to tertiary institution and its proximity to downtown core area. The locality is a shoo-in for local and international families, and expats. However, with no MRT at the moment, a typical 2-bedroom unit now can only fetch around $2500/month or 2% yield, rental situation is expected to be improved when the Thomson Line is ready by 2023.

New Launch Guru will continuously update this review. Keep in touch for the latest movement!

Related News

Meyer Road condo sold en bloc for $69m

The End

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