Meyer Blue Review — Katong / East Coast · D15
HuatScore: 66/100 — Good
Is Meyer Blue a good buy?
HuatScore rates Meyer Blue 66/100 — a "Good" verdict. That makes it a conditional buy for value-focused buyers comfortable with the location tradeoff and patient own-stay owners. Strongest card: 3-bedder × investment — appreciation sweet spot. Main watch-out: District price gap is wide. Negotiate hard — pricing leaves little margin of safety.
Last updated 2026-08-20 · scored against URA caveat data.
Key facts
- Verdict: Good
- Region: Rest of Central Region
- Tenure: Freehold
- Expected TOP: 2028
- Units: 226
- Developer: UOL Group & Singapore Land
- Avg PSF: ~$3,205 psf
- Price from: S$2.12M
Live market data
- Resale transactions (12mo): 3
- Recent resale PSF: ~$3,170 psf
What works in its favour
- 3-bedder × investment — appreciation sweet spot: Sells into the deepest pool — owner-occupier families. That demand floor drives durable capital appreciation. The investor default for total return, not just headline yield.
What to watch out for
- District price gap is wide: New launch PSF is +30% above the 5–10 year resale median in Katong / East Coast. Market needs ~6 years of growth to match the entry price.
- Thin transaction volume: Only 3 resale deals in the past year. Equity trap risk — when you want to exit, very few buyers to anchor against.
- Quiet resale demand: Demand pulse 27/100 — only 1.6% annual turnover (3 resales/12mo). Thin secondary-market activity; exits can be slow.
Who Meyer Blue suits
- Value-focused buyers comfortable with the location tradeoff
- Own-stay buyers or patient long-term investors not dependent on yield
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers who need a margin of safety — pricing is full and leaves little room for error
- Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
- Families for whom P1 school access is the primary criterion
Huat Kueh says
2021 buyers sitting on 51% — late but not too late. Only 3 deals the whole year — sell also must queue.