The Makena rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 121 Meyer Road the Makena Singapore 437932
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Condominium, Non-Landed Properties 730 transactions Freehold Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about The Makena
The Makena is a freehold condominium in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 651 rentals and 79 sales. The Makena is near TANJONG KATONG MRT STATION (TE25), about 0.37 km away.
For rent checks, start with the project median of $5,300 per month and compare it with the observed size-band range of $3,100 to $5,500. For sale checks, start with the median sale price of $2,680,000 and median sale PSF of $1,858 psf, then compare floor-band evidence from $2,390,000 to $3,700,000 and PSF from $1,762 psf to $2,220 psf.
- Typical rent is $5,300 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,680,000, with median sale PSF at $1,858 psf and total recorded sale value of $214.9M.
- Rent is up 5.0% over the last 3 months. Sale PSF is up 2.5% over the last 3 months.
The Makena Market Position
How this project compares with the wider D15 market before you read the detailed tables.
Rent vs D15 +20.5%
Rents above district median
The Makena's median rent is $5,300 compared with the D15 median of $4,400. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D15 -14.6%
Sale PSF below district median
The Makena's median sale PSF is $1,858 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.37%
Rent support near district screen
Gross yield is roughly 2.37% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 28.7% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -14.5%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare The Makena against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
The Makena Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $5,300
Is the asking rent fair?
$5,050 to $5,550 is the first fair-rent band to check. Above $5,550 should have a visible reason.
Median sale PSF $1,858 psf
Is the purchase price fair?
$2,600,000 to $2,760,000 and $1,800 to $1,910 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $5,500
Are similar units renting for more?
3 bed and 1,600 to 1,700 sqft give the closest unit-size checks.
Rent stability 28.7% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -14.5%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run The Makena numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $5,300/mo Test gross and net yield against typical rent. Buy vs rent $2.7M Compare ownership cost against renting. Mortgage $2.7M Estimate monthly payment from the sale price. Stamp duty $1,858 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
The Makena Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Condominium, Non-Landed Properties
Sales 79 resale transactions
Total sold value $214.9M
The Makena Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 651 Jun 2021 to May 2026
Sale transactions 79 Jun 2021 to May 2026
Rent trend 5.0% Last 3 months
Sale PSF trend 2.5% Last 3 months
The Makena 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
TANJONG KATONG MRT STATION (TE25) 0.37 km away
KATONG PARK MRT STATION (TE24) 0.92 km away
MARINE PARADE MRT STATION (TE26) 1.29 km away
Schools nearby
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 0.73 km away
ETONHOUSE INTERNATIONAL RESEARCH PRE-SCHOOL 0.91 km away
BRIGHTON MONTESSORI INTERNATIONAL PRE-SCHOOL @ FORT 1 km away
ETONHOUSE BROADRICK INTERNATIONAL SCHOOL & PRE-SCHOOL 1.04 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.52 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 6.1 km away
GEYLANG PARK CONNECTOR Park / green link · 1.47 km away
JALAN BATU HAWKER CENTRE Food centre · 1.28 km away
The Makena Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,850 186 rentals in view
Latest median sale PSF $2,352 psf 25 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 9 $4,850 1 $2,352 psf $3,848,000
Apr 2026 7 $6,300 0 - -
Mar 2026 12 $6,575 0 - -
Feb 2026 7 $5,100 2 $2,270 psf $3,090,000
Jan 2026 11 $6,000 0 - -
Dec 2025 15 $6,100 1 $2,266 psf $2,610,000
Nov 2025 8 $6,250 0 - -
Oct 2025 11 $5,600 1 $2,240 psf $3,400,000
Sept 2025 13 $6,000 5 $2,215 psf $2,510,000
Aug 2025 9 $6,300 0 - -
Jul 2025 17 $5,600 0 - -
Jun 2025 10 $5,675 2 $2,135 psf $2,725,000
Projects Similar to The Makena
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2001 Cote D'Azur 1.1 km away 756 transactions
- Median rent
- $5,200
- Median sale PSF
- $1,714 psf
- Median rent
- $4,850
- Median sale PSF
- $1,810 psf
- Median rent
- $5,200
- Median sale PSF
- $1,902 psf
- Median rent
- $6,000
- Median sale PSF
- $1,843 psf
- Median rent
- $4,950
- Median sale PSF
- $1,907 psf
- Median rent
- $4,900
- Median sale PSF
- $1,851 psf
The Makena Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,650 $3,650 4
2 bed $4,000 $3,725 42
3 bed $5,500 $5,495 604
Unknown $3,100 $3,100 1
The Makena Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $4,000 $3,757 36
1,000 to 1,100 sqft $3,400 $3,580 10
1,100 to 1,200 sqft $4,600 $4,433 120
1,200 to 1,300 sqft $4,800 $4,660 69
1,300 to 1,400 sqft $5,050 $5,050 2
1,400 to 1,500 sqft $5,100 $4,900 3
1,500 to 1,600 sqft $5,900 $5,528 166
1,600 to 1,700 sqft $6,200 $6,045 182
The Makena Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,390,000 $1,762 psf 19
06 to 10 $2,700,000 $1,871 psf 23
11 to 15 $2,648,000 $1,879 psf 14
16 to 20 $2,850,000 $1,968 psf 9
21 to 25 $3,100,000 $2,001 psf 11
26 to 30 $3,700,000 $2,220 psf 3
The Makena 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
The Makena shows a typical monthly rent of $5,300 across 651 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $5,300
Rentals 651
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 The Makena point to a typical sale price of $2,680,000 and $1,858 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,680,000
Median PSF $1,858 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold 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. The Makena has 79 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $214.9M
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 D15 to compare The Makena 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.
The Makena FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Makena?
The Makena has a median monthly rent of $5,300 across 651 rentals.
What is the typical sale price at The Makena?
The median sale price for The Makena is $2,680,000, based on 79 sales on this page.
What is the median sale PSF at The Makena?
The median sale price per square foot for The Makena is $1,858 psf. The average sale PSF is $1,901 psf.
Is The Makena freehold or leasehold?
The Makena is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Makena located?
The Makena is located at 121 Meyer Road the Makena Singapore 437932 in D15 / Katong, Joo Chiat, Amber Road.
How current is the The Makena 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.