The Merlot rent and sale price
D08 / Little India
Address 101 Keng Lee Road the Merlot Singapore 219261
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Apartment, Non-Landed Properties 75 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about The Merlot
The Merlot is a freehold apartment in D08 / Little India. The page currently tracks 70 rentals and 5 sales.
- Typical rent is $3,150 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $998,000, with median sale PSF at $1,382 psf and total recorded sale value of $5.0M.
- Rent is down 1.5% over the last 3 months. Sale PSF is up 19.4% over the last 3 months.
The Merlot Market Position
How this project compares with the wider D08 market before you read the detailed tables.
Rent vs D08 -17.1%
Rents below district median
The Merlot's median rent is $3,150 compared with the D08 median of $3,800. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D08 -24.7%
Sale PSF below district median
The Merlot's median sale PSF is $1,382 psf versus the D08 median of $1,835 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.79%
Rent support above district screen
Gross yield is roughly 3.79% versus a D08 screen of 2.99%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 59.8% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +22.2%
Activity is rising
11 recent transactions versus 9 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare The Merlot against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
The Merlot Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,150
Is the asking rent fair?
$3,000 to $3,300 is the first fair-rent band to check. Above $3,300 should have a visible reason.
Median sale PSF $1,382 psf
Is the purchase price fair?
$970,000 to $1,030,000 and $1,340 to $1,420 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,000
Are similar units renting for more?
1 bed and 500 to 600 sqft give the closest unit-size checks.
Rent stability 59.8% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +22.2%
Is activity rising?
Activity is rising. 11 recent transactions versus 9 in the prior 6-month view.
Run The Merlot numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,150/mo Test gross and net yield against typical rent. Buy vs rent $998.0K Compare ownership cost against renting. Mortgage $998.0K Estimate monthly payment from the sale price. Stamp duty $1,382 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
The Merlot Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 5 resale transactions
Total sold value $5.0M
The Merlot Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 70 Jun 2021 to May 2026
Sale transactions 5 Sept 2021 to Mar 2026
Rent trend -1.5% Last 3 months
Sale PSF trend 19.4% Last 3 months
The Merlot 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
NOVENA MRT STATION (NS20) 0.74 km away
FARRER PARK MRT STATION (NE8) 0.84 km away
LITTLE INDIA MRT STATION (DT12) 0.84 km away
Schools nearby
FARRER PARK PRIMARY SCHOOL 0.53 km away
ST. MARGARET'S SCHOOL (PRIMARY) 1.15 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 1.23 km away
ANGLO-CHINESE SCHOOL (PRIMARY) 1.28 km away
Amenities
PARKLANE SHOPPING MALL Mall / retail · 1.55 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 1.58 km away
WHAMPOA PARK CONNECTOR Park / green link · 1.59 km away
ENVIRONMENT BUILDING HAWKER CENTRE Food centre · 1.16 km away
The Merlot Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,725 29 rentals in view
Latest median sale PSF $1,382 psf 1 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 2 $3,725 0 - -
Mar 2026 2 $3,350 1 $1,382 psf $1,220,000
Feb 2026 2 $3,175 0 - -
Nov 2025 1 $4,750 0 - -
Aug 2025 2 $3,400 0 - -
Jul 2025 1 $2,800 0 - -
Mar 2025 3 $3,000 0 - -
Feb 2025 1 $3,150 0 - -
Jan 2025 1 $3,800 0 - -
Oct 2024 2 $4,525 0 - -
Sept 2024 1 $2,800 0 - -
Aug 2024 1 $3,150 0 - -
Projects Similar to The Merlot
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Studios @ Marne 1.2 km away 132 transactions
- Median rent
- $3,000
- Median sale PSF
- $1,434 psf
- Median rent
- $3,000
- Median sale PSF
- $1,383 psf
- Median rent
- $3,000
- Median sale PSF
- $1,435 psf
- Median rent
- $3,000
- Median sale PSF
- $1,527 psf
- Median rent
- $2,700
- Median sale PSF
- $1,401 psf
- Median rent
- $2,900
- Median sale PSF
- $1,455 psf
The Merlot Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,000 $2,874 41
2 bed $3,500 $3,370 22
3 bed $4,100 $4,086 7
The Merlot Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
500 to 600 sqft $3,000 $2,874 41
800 to 900 sqft $3,500 $3,370 22
1,000 to 1,100 sqft $4,100 $4,086 7
The Merlot Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $710,000 $1,374 psf 1
06 to 10 $1,220,000 $1,382 psf 3
11 to 15 $800,000 $1,548 psf 1
The Merlot 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 Merlot shows a typical monthly rent of $3,150 across 70 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,150
Rentals 70
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 Merlot point to a typical sale price of $998,000 and $1,382 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $998,000
Median PSF $1,382 psf
Sale signal Thin
- 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 Merlot has 5 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $5.0M
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 D08 to compare The Merlot 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 Merlot FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Merlot?
The Merlot has a median monthly rent of $3,150 across 70 rentals.
What is the typical sale price at The Merlot?
The median sale price for The Merlot is $998,000, based on 5 sales on this page.
What is the median sale PSF at The Merlot?
The median sale price per square foot for The Merlot is $1,382 psf. The average sale PSF is $1,386 psf.
Is The Merlot freehold or leasehold?
The Merlot is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Merlot located?
The Merlot is located at 101 Keng Lee Road the Merlot Singapore 219261 in D08 / Little India.
How current is the The Merlot 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.