Merawoods rent and sale price
D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang
Address 136a Hillview Avenue Merawoods Singapore 669606
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Condominium, Non-Landed Properties 249 transactions 999-year leasehold from 1885 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Merawoods
Merawoods is a 999-year leasehold condominium in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. The page currently tracks 220 rentals and 29 sales.
- Typical rent is $3,700 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,900,000, with median sale PSF at $1,425 psf and total recorded sale value of $58.4M.
- Rent is up 14.7% over the last 3 months. Sale PSF is up 2.6% over the last 3 months.
Merawoods Market Position
How this project compares with the wider D23 market before you read the detailed tables.
Rent vs D23 +5.7%
Rents near district median
Merawoods's median rent is $3,700 compared with the D23 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D23 -4.1%
Sale PSF near district median
Merawoods's median sale PSF is $1,425 psf versus the D23 median of $1,486 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.34%
Rent support below district screen
Gross yield is roughly 2.34% versus a D23 screen of 2.92%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 38.9% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -28.6%
Activity is lighter
25 recent transactions versus 35 in the prior 6-month view.
Tenure lens 999-year leasehold
Leasehold comparison needed
999-year leasehold from 1885 matters most on sale price. Compare Merawoods against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Merawoods Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,700
Is the asking rent fair?
$3,500 to $3,900 is the first fair-rent band to check. Above $3,900 should have a visible reason.
Median sale PSF $1,425 psf
Is the purchase price fair?
$1,840,000 to $1,960,000 and $1,380 to $1,470 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,200
Are similar units renting for more?
3 bed and 1,300 to 1,400 sqft give the closest unit-size checks.
Rent stability 38.9% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -28.6%
Is activity rising?
Activity is lighter. 25 recent transactions versus 35 in the prior 6-month view.
Run Merawoods numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,700/mo Test gross and net yield against typical rent. Buy vs rent $1.9M Compare ownership cost against renting. Mortgage $1.9M Estimate monthly payment from the sale price. Stamp duty $1,425 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Merawoods Project Facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1885
Property type Condominium, Non-Landed Properties
Sales 29 resale transactions
Total sold value $58.4M
Merawoods Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 220 Jun 2021 to May 2026
Sale transactions 29 Jul 2021 to Feb 2026
Rent trend 14.7% Last 3 months
Sale PSF trend 2.6% Last 3 months
Merawoods Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
BUKIT GOMBAK MRT STATION (NS3) 0.88 km away
HUME MRT STATION (DT4) 1.12 km away
HILLVIEW MRT STATION (DT3) 1.18 km away
Schools nearby
LIANHUA PRIMARY SCHOOL 0.58 km away
HILLGROVE SECONDARY SCHOOL 0.76 km away
KEMING PRIMARY SCHOOL 1.17 km away
KNOWLEDGE PARK EDUCARE PTE LTD (KEMING PRIMARY SCHOOL) 1.24 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 9.5 km away
FAIRPRICE HUB Daily needs · 9.58 km away
HILLVIEW PARK CONNECTOR Park / green link · 0.35 km away
BUKIT BATOK WEST HAWKER CENTRE Food centre · 1.89 km away
Merawoods Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,300 68 rentals in view
Latest median sale PSF $1,506 psf 9 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 7 $4,300 0 - -
Apr 2026 5 $4,500 0 - -
Mar 2026 5 $3,350 0 - -
Feb 2026 1 $4,500 1 $1,506 psf $3,080,000
Jan 2026 1 $3,500 0 - -
Dec 2025 4 $3,750 1 $1,562 psf $2,220,000
Nov 2025 2 $4,525 2 $1,505 psf $1,775,000
Oct 2025 4 $4,500 3 $1,507 psf $2,028,000
Sept 2025 3 $5,000 0 - -
Aug 2025 4 $4,175 0 - -
Jul 2025 5 $3,600 2 $1,469 psf $2,500,000
Jun 2025 10 $4,150 0 - -
Projects Similar to Merawoods
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2014 Sol Acres 2.5 km away 839 transactions
- Median rent
- $3,500
- Median sale PSF
- $1,399 psf
- Median rent
- $3,725
- Median sale PSF
- $1,402 psf
- Median rent
- $3,400
- Median sale PSF
- $1,398 psf
- Median rent
- $3,800
- Median sale PSF
- $1,423 psf
- Median rent
- $3,800
- Median sale PSF
- $1,535 psf
- Median rent
- $3,400
- Median sale PSF
- $1,483 psf
Merawoods Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,225 $3,187 78
3 bed $4,200 $3,998 124
4 bed $6,000 $5,658 18
Merawoods Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
1,000 to 1,100 sqft $3,200 $3,136 67
1,300 to 1,400 sqft $4,200 $3,957 108
1,400 to 1,500 sqft $4,450 $4,525 10
1,500 to 1,600 sqft $3,550 $3,413 10
1,600 to 1,700 sqft $4,150 $3,925 4
1,700 to 1,800 sqft $3,900 $3,900 2
1,800 to 1,900 sqft $4,000 $4,000 1
1,900 to 2,000 sqft $5,900 $5,593 7
Merawoods Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,855,000 $1,367 psf 14
06 to 10 $1,918,000 $1,446 psf 15
Merawoods Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Merawoods shows a typical monthly rent of $3,700 across 220 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,700
Rentals 220
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Merawoods point to a typical sale price of $1,900,000 and $1,425 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,900,000
Median PSF $1,425 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1885 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Merawoods has 29 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $58.4M
Latest record May 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D23 to compare Merawoods against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Merawoods FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Merawoods?
Merawoods has a median monthly rent of $3,700 across 220 rentals.
What is the typical sale price at Merawoods?
The median sale price for Merawoods is $1,900,000, based on 29 sales on this page.
What is the median sale PSF at Merawoods?
The median sale price per square foot for Merawoods is $1,425 psf. The average sale PSF is $1,398 psf.
Is Merawoods freehold or leasehold?
Merawoods is listed as 999-year leasehold from 1885. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Merawoods located?
Merawoods is located at 136a Hillview Avenue Merawoods Singapore 669606 in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.
How current is the Merawoods transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.