homequant
condo · 465514

Optima @ Tanah Merah

Project page · 99-year lease from 2008

Indicative value range
S$1,501,855 – S$1,623,718
Indicative mid S$1,520,420 · S$1,569 psf

Based on 6 sales in this project, last 12 months. Search widened 1 of 4 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Aug 2026Optima @ Tanah Merah11-151,055 sqftS$1,828,888S$1,734 psf×1.000S$1,734 psf
May 2026Optima @ Tanah Merah06-101,259 sqftS$2,150,000S$1,707 psf×1.000S$1,707 psf
Apr 2026Optima @ Tanah Merah06-10872 sqftS$1,380,000S$1,583 psf×1.000S$1,583 psf
Jan 2026Optima @ Tanah Merah06-10861 sqftS$1,300,000S$1,510 psf×0.999S$1,508 psf
Jan 2026Optima @ Tanah Merah06-10990 sqftS$1,535,000S$1,550 psf×0.999S$1,548 psf
Nov 2025Optima @ Tanah Merah06-10840 sqftS$1,280,000S$1,525 psf×1.021S$1,556 psf

How accurate is this estimate for Optima @ Tanah Merah?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 8 sales in Optima @ Tanah Merah since.

Median error
4.0%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 8 sales, so read the figure as a hint, not a verdict.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

3.08% gross yield

S$46,800 of rent a year against the estimate above · 0.36 points below flats like it

Leases signed here within a quarter of this size run about S$3,900 a month, the middle of 61 of them.

In outside the central region, leasehold flats with 80 to 89 years of lease left yield 3.44%, from 146 projects.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 20261400-1500 sqft4Non-landed PropertiesS$6,500
Q3 20261400-1500 sqft4Non-landed PropertiesS$6,050
Q3 20261400-1500 sqft4Non-landed PropertiesS$6,050
Q3 20261100-1200 sqft3Non-landed PropertiesS$5,300
Q3 20261100-1200 sqft3Non-landed PropertiesS$5,000
Q3 20261100-1200 sqft3Non-landed PropertiesS$5,000
Q3 20261300-1400 sqft3Non-landed PropertiesS$4,950
Q3 20261300-1400 sqft3Non-landed PropertiesS$4,950

median of 61 URA rental contracts at Optima @ Tanah Merah within a quarter of 90 sqm, since 2025Q4.

Buying or selling at S$1,520,420?

Buying: Stamp duty on S$1,520,420 · Cash and CPF needed on S$1,520,420 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,520,420.

Each opens with this figure filled in; change anything there.

Primary schools near 80 Tanah Merah Kechil Avenue

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Aug 2026
Optima @ Tanah Merah · 11-15 · Condominium · 80 years left
1,055 sqftS$1,828,888S$1,734 psf
Jul 2026
Optima @ Tanah Merah · 11-15 · Condominium · 81 years left
excluded: outlier
1,001 sqftS$1,750,000S$1,748 psf
Jul 2026
Optima @ Tanah Merah · 11-15 · Condominium · 81 years left
1,302 sqftS$2,180,000S$1,674 psf
May 2026
Optima @ Tanah Merah · 06-10 · Condominium · 81 years left
1,259 sqftS$2,150,000S$1,707 psf
Apr 2026
Optima @ Tanah Merah · 06-10 · Condominium · 81 years left
872 sqftS$1,380,000S$1,583 psf
Jan 2026
Optima @ Tanah Merah · 06-10 · Condominium · 81 years left
990 sqftS$1,535,000S$1,550 psf
Jan 2026
Optima @ Tanah Merah · 06-10 · Condominium · 81 years left
861 sqftS$1,300,000S$1,510 psf
Nov 2025
Optima @ Tanah Merah · 06-10 · Condominium · 81 years left
840 sqftS$1,280,000S$1,525 psf
Oct 2025
Optima @ Tanah Merah · 06-10 · Condominium · 81 years left
1,001 sqftS$1,540,000S$1,538 psf
Aug 2025
Optima @ Tanah Merah · 01-05 · Condominium · 81 years left
861 sqftS$1,280,000S$1,486 psf
Jun 2025
Optima @ Tanah Merah · 01-05 · Condominium · 82 years left
1,884 sqftS$2,400,000S$1,274 psf
Jun 2025
Optima @ Tanah Merah · 11-15 · Condominium · 82 years left
2,960 sqftS$3,600,000S$1,216 psf
May 2025
Optima @ Tanah Merah · 01-05 · Condominium · 82 years left
872 sqftS$1,310,000S$1,503 psf
May 2025
Optima @ Tanah Merah · 01-05 · Condominium · 82 years left
1,432 sqftS$2,250,000S$1,572 psf
Mar 2025
Optima @ Tanah Merah · 01-05 · Condominium · 82 years left
1,884 sqftS$2,430,000S$1,290 psf
Mar 2025
Optima @ Tanah Merah · 06-10 · Condominium · 82 years left
969 sqftS$1,430,000S$1,476 psf
Dec 2024
Optima @ Tanah Merah · 06-10 · Condominium · 82 years left
1,098 sqftS$1,610,000S$1,466 psf
Nov 2024
Optima @ Tanah Merah · 06-10 · Condominium · 82 years left
840 sqftS$1,188,000S$1,415 psf
Oct 2024
Optima @ Tanah Merah · 06-10 · Condominium · 82 years left
700 sqftS$1,046,000S$1,495 psf
Oct 2024
Optima @ Tanah Merah · 01-05 · Condominium · 82 years left
1,259 sqftS$2,100,000S$1,667 psf
Sept 2024
Optima @ Tanah Merah · 06-10 · Condominium · 82 years left
840 sqftS$1,230,000S$1,465 psf
Aug 2024
Optima @ Tanah Merah · 11-15 · Condominium · 82 years left
700 sqftS$1,020,000S$1,458 psf
Jun 2024
Optima @ Tanah Merah · 01-05 · Condominium · 83 years left
947 sqftS$1,470,000S$1,552 psf
Jun 2024
Optima @ Tanah Merah · 01-05 · Condominium · 83 years left
excluded: outlier
1,098 sqftS$1,410,000S$1,284 psf
May 2024
Optima @ Tanah Merah · 01-05 · Condominium · 83 years left
excluded: outlier
1,119 sqftS$1,380,000S$1,233 psf
May 2024
Optima @ Tanah Merah · 01-05 · Condominium · 83 years left
1,259 sqftS$2,000,000S$1,588 psf
Feb 2024
Optima @ Tanah Merah · 06-10 · Condominium · 83 years left
1,249 sqftS$1,880,000S$1,506 psf
Dec 2023
Optima @ Tanah Merah · 11-15 · Condominium · 83 years left
1,367 sqftS$2,060,000S$1,507 psf
Oct 2023
Optima @ Tanah Merah · 06-10 · Condominium · 83 years left
1,173 sqftS$1,718,000S$1,464 psf
Oct 2023
Optima @ Tanah Merah · 01-05 · Condominium · 83 years left
915 sqftS$1,250,000S$1,366 psf
Oct 2023
Optima @ Tanah Merah · 11-15 · Condominium · 83 years left
969 sqftS$1,420,000S$1,466 psf
Sept 2023
Optima @ Tanah Merah · 11-15 · Condominium · 83 years left
1,001 sqftS$1,448,888S$1,447 psf
Aug 2023
Optima @ Tanah Merah · 06-10 · Condominium · 83 years left
1,367 sqftS$2,040,000S$1,492 psf
Aug 2023
Optima @ Tanah Merah · 06-10 · Condominium · 83 years left
840 sqftS$1,210,000S$1,441 psf
Aug 2023
Optima @ Tanah Merah · 11-15 · Condominium · 83 years left
861 sqftS$1,300,000S$1,510 psf
Jul 2023
Optima @ Tanah Merah · 11-15 · Condominium · 84 years left
1,302 sqftS$1,800,000S$1,382 psf
Jun 2023
Optima @ Tanah Merah · 01-05 · Condominium · 84 years left
797 sqftS$908,000S$1,140 psf
May 2023
Optima @ Tanah Merah · 06-10 · Condominium · 84 years left
872 sqftS$1,280,000S$1,468 psf
Apr 2023
Optima @ Tanah Merah · 11-15 · Condominium · 84 years left
850 sqftS$1,230,000S$1,446 psf
Mar 2023
Optima @ Tanah Merah · 01-05 · Condominium · 84 years left
861 sqftS$1,280,000S$1,486 psf
Mar 2023
Optima @ Tanah Merah · 01-05 · Condominium · 84 years left
1,173 sqftS$1,633,000S$1,392 psf
Mar 2023
Optima @ Tanah Merah · 11-15 · Condominium · 84 years left
1,001 sqftS$1,430,000S$1,429 psf
Jan 2023
Optima @ Tanah Merah · 01-05 · Condominium · 84 years left
506 sqftS$710,000S$1,403 psf
Dec 2022
Optima @ Tanah Merah · 01-05 · Condominium · 84 years left
484 sqftS$745,000S$1,538 psf
Dec 2022
Optima @ Tanah Merah · 11-15 · Condominium · 84 years left
1,055 sqftS$1,478,888S$1,402 psf
Nov 2022
Optima @ Tanah Merah · 06-10 · Condominium · 84 years left
840 sqftS$1,055,000S$1,257 psf
Nov 2022
Optima @ Tanah Merah · 01-05 · Condominium · 84 years left
1,195 sqftS$1,588,888S$1,330 psf
Jul 2022
Optima @ Tanah Merah · 06-10 · Condominium · 85 years left
1,195 sqftS$1,611,800S$1,349 psf
May 2022
Optima @ Tanah Merah · 11-15 · Condominium · 85 years left
1,302 sqftS$1,788,888S$1,374 psf
May 2022
Optima @ Tanah Merah · 01-05 · Condominium · 85 years left
484 sqftS$660,000S$1,363 psf
Apr 2022
Optima @ Tanah Merah · 06-10 · Condominium · 85 years left
850 sqftS$1,180,000S$1,388 psf
Apr 2022
Optima @ Tanah Merah · 11-15 · Condominium · 85 years left
840 sqftS$1,100,000S$1,310 psf
Dec 2021
Optima @ Tanah Merah · 11-15 · Condominium · 85 years left
969 sqftS$1,200,000S$1,239 psf
Oct 2021
Optima @ Tanah Merah · 01-05 · Condominium · 85 years left
700 sqftS$878,000S$1,255 psf

Sale prices as filed in caveats.

Where the lease takes this

About 80 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from private resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearPrices 4% a yearThis market's record, 4.58% a yearmeasured
5 years75 yearsS$1,395,687S$1,540,951S$1,698,066S$1,745,947
10 years70 yearsS$1,322,966S$1,612,689S$1,958,314S$2,070,309
20 years60 yearsS$1,237,455S$1,838,793S$2,711,416S$3,030,415

On a flat market the lease alone costs 19% over 20 years. Prices would need to rise about 1.03% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 4.58% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.