The Sovereign rent and sale price

D15 / Katong, Joo Chiat, Amber Road

The Sovereign market snapshot with median rent, sale price, sale PSF and transaction counts
Address 99 Meyer Road the Sovereign Singapore 437920
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Typical rent $10,000 78 rentals
Typical sale price $6,500,000 11 sales
Typical sale PSF $2,465 psf Average $2,426 psf
Estimated gross yield 1.8% Median annual rent / median sale
Condominium, Non-Landed Properties 89 transactions Freehold Latest records Jun 2026
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Quick summary about The Sovereign

The Sovereign is a freehold condominium in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 78 rentals and 11 sales.

The Sovereign Market Position

How this project compares with the wider D15 market before you read the detailed tables.

Rent vs D15 +127.3%

Rents above district median

The Sovereign's median rent is $10,000 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 +13.3%

Sale PSF above district median

The Sovereign's median sale PSF is $2,465 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.

Rent support 1.85%

Rent support below district screen

Gross yield is roughly 1.85% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.

Rent stability 65.5% spread

Rent is uneven

Recent median rents vary a lot, usually because unit mix differs month to month.

Market activity -50.0%

Activity is lighter

9 recent transactions versus 18 in the prior 6-month view.

Tenure lens Freehold

Freehold comparison needed

Freehold matters most on sale price. Compare The Sovereign against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.

The Sovereign Decision Snapshot

Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.

Median rent $10,000

Is the asking rent fair?

$9,500 to $10,500 is the first fair-rent band to check. Above $10,500 should have a visible reason.

Median sale PSF $2,465 psf

Is the purchase price fair?

$6,310,000 to $6,700,000 and $2,390 to $2,540 psf are the first sale checks before adjusting for floor, size, view and condition.

Unknown bedroom rent $10,000

Are similar units renting for more?

Unknown bedroom and 2,600 to 2,700 sqft give the closest unit-size checks.

Rent stability 65.5% spread

Is rent stable here?

Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.

Transaction volume -50.0%

Is activity rising?

Activity is lighter. 9 recent transactions versus 18 in the prior 6-month view.

Run The Sovereign numbers

Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.

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The Sovereign Project Facts

Project-level details from URA records and local enrichment.

Tenure Freehold
Property type Condominium, Non-Landed Properties
Sales 11 resale transactions
Total sold value $77.1M

The Sovereign Data Coverage

Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.

Rentals 78 Jun 2021 to May 2026
Sale transactions 11 Dec 2021 to Apr 2026
Rent trend 2.3% Last 3 months
Sale PSF trend -5.3% Last 3 months

The Sovereign Location

Nearest transport, schools and daily conveniences around the project.

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Project MRT School Amenities

Nearby

Approximate distance from the project. Walking, driving and transit routes may differ.

Closest MRT

TANJONG KATONG MRT STATION (TE25) 0.54 km away
KATONG PARK MRT STATION (TE24) 0.82 km away
DAKOTA MRT STATION 1.4 km away

Schools nearby

ETONHOUSE INTERNATIONAL RESEARCH PRE-SCHOOL 0.86 km away
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 0.9 km away
BRIGHTON MONTESSORI INTERNATIONAL PRE-SCHOOL @ FORT 0.93 km away
ETONHOUSE BROADRICK INTERNATIONAL SCHOOL & PRE-SCHOOL 1.11 km away

Amenities

51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.55 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 6 km away
GEYLANG PARK CONNECTOR Park / green link · 1.55 km away
JALAN BATU HAWKER CENTRE Food centre · 1.24 km away

Projects Similar to The Sovereign

Same district, ranked by similar rent, sale PSF and transaction depth.

View D15

The Sovereign Rent by Bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
Unknown $10,000 $10,505 78

The Sovereign Rent by Size

Monthly rent by recorded URA floor area band.

Area band Median rent Average rent Transactions
2,600 to 2,700 sqft $9,950 $9,875 50
3,300 to 3,400 sqft $11,750 $11,630 28

The Sovereign Sale PSF by Floor

Median sale price and PSF by recorded floor band.

Floor band Median sale Median PSF Transactions
01 to 05 $6,925,000 $2,331 psf 2
06 to 10 $6,500,000 $2,465 psf 3
11 to 15 $8,600,000 $2,602 psf 1
16 to 20 $6,500,000 $2,465 psf 1
21 to 25 $8,400,000 $2,542 psf 3
26 to 30 $5,800,000 $2,199 psf 1

The Sovereign Latest Transactions

Most recent URA rentals and sales for this project.

Rentals

$11,000 NA bed · 2,600 to 2,700 sqft · May 2026
$12,500 NA bed · 3,300 to 3,400 sqft · Apr 2026
$11,000 NA bed · 2,600 to 2,700 sqft · Apr 2026
$10,000 NA bed · 3,300 to 3,400 sqft · Mar 2026
$9,800 NA bed · 2,600 to 2,700 sqft · Feb 2026
$11,500 NA bed · 2,600 to 2,700 sqft · Dec 2025
$10,000 NA bed · 2,600 to 2,700 sqft · Dec 2025
$17,000 NA bed · 3,300 to 3,400 sqft · Aug 2025

Sales

$6,800,000 2,637 sqft · $2,579 psf · 06 to 10 · Apr 2026
$8,400,000 3,305 sqft · $2,542 psf · 21 to 25 · Jul 2025
$6,500,000 2,637 sqft · $2,465 psf · 16 to 20 · Jul 2025
$6,150,000 2,637 sqft · $2,332 psf · 01 to 05 · Jul 2025
$7,700,000 3,305 sqft · $2,330 psf · 01 to 05 · May 2025
$8,600,000 3,305 sqft · $2,602 psf · 21 to 25 · Oct 2024
$6,200,000 2,637 sqft · $2,351 psf · 06 to 10 · Sept 2024
$8,600,000 3,305 sqft · $2,602 psf · 11 to 15 · Jun 2024

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 signal Strong Good project-level rent anchor
Sale signal Moderate Useful, compare nearby projects
Rent negotiation

If you are renting

The Sovereign shows a typical monthly rent of $10,000 across 78 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $10,000
Rentals 78
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 Sovereign point to a typical sale price of $6,500,000 and $2,465 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $6,500,000
Median PSF $2,465 psf
Sale signal Moderate
  • 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 Sovereign has 11 sales on this page, so pricing should be checked against actual recent contracts before listing.

Sale signal Moderate
Total sold value $77.1M
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 Sovereign against the wider area.

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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 Sovereign FAQ

Quick answers for renters, buyers and owners comparing this project.

What is the typical rent at The Sovereign?

The Sovereign has a median monthly rent of $10,000 across 78 rentals.

What is the typical sale price at The Sovereign?

The median sale price for The Sovereign is $6,500,000, based on 11 sales on this page.

What is the median sale PSF at The Sovereign?

The median sale price per square foot for The Sovereign is $2,465 psf. The average sale PSF is $2,426 psf.

Is The Sovereign freehold or leasehold?

The Sovereign is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.

Where is The Sovereign located?

The Sovereign is located at 99 Meyer Road the Sovereign Singapore 437920 in D15 / Katong, Joo Chiat, Amber Road.

How current is the The Sovereign 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.