homequant
apartment · 465527

Casa Merah

Project page · 99-year lease from 2006

Indicative value range
S$1,903,331 – S$1,989,081
Indicative mid S$1,965,812 · S$1,588 psf

Based on 7 sales in this project, last 6 months. Search did not need to widen. 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 2026Casa Merah01-051,550 sqftS$2,405,000S$1,552 psf×1.000S$1,552 psf
Jun 2026Casa Merah01-051,227 sqftS$1,800,000S$1,467 psf×1.000S$1,467 psf
Jun 2026Casa Merah01-051,345 sqftS$2,050,000S$1,524 psf×1.000S$1,524 psf
Jun 2026Casa Merah06-101,259 sqftS$2,000,000S$1,588 psf×1.000S$1,588 psf
Jun 2026Casa Merah06-10958 sqftS$1,550,000S$1,618 psf×1.000S$1,618 psf
Jun 2026Casa Merah06-10947 sqftS$1,520,000S$1,605 psf×1.000S$1,605 psf
May 2026Casa Merah06-101,345 sqftS$2,165,000S$1,609 psf×1.000S$1,609 psf

How accurate is this estimate for Casa Merah?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 22 sales in Casa Merah since.

Median error
2.2%

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

What the rent says

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

3.05% gross yield

S$60,000 of rent a year against the estimate above · 0.3 points below flats like it

Leases signed here within a quarter of this size run about S$5,000 a month, the middle of 91 of them.

In outside the central region, leasehold flats with 70 to 79 years of lease left yield 3.35%, from 48 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 20262100-2200 sqft4Non-landed PropertiesS$7,000
Q3 20262100-2200 sqft4Non-landed PropertiesS$7,000
Q3 20261500-1600 sqft4Non-landed PropertiesS$6,600
Q3 20261500-1600 sqft4Non-landed PropertiesS$6,600
Q3 20261500-1600 sqft4Non-landed PropertiesS$6,300
Q3 20261500-1600 sqft4Non-landed PropertiesS$6,300
Q3 20261500-1600 sqft4Non-landed PropertiesS$6,250
Q3 20261500-1600 sqft4Non-landed PropertiesS$6,250

median of 91 URA rental contracts at Casa Merah within a quarter of 115 sqm, since 2025Q4.

Buying or selling at S$1,965,812?

Buying: Stamp duty on S$1,965,812 · Cash and CPF needed on S$1,965,812 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,965,812.

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

Primary schools near 56 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
Casa Merah · 01-05 · Apartment · 78 years left
1,550 sqftS$2,405,000S$1,552 psf
Jun 2026
Casa Merah · 06-10 · Apartment · 79 years left
1,259 sqftS$2,000,000S$1,588 psf
Jun 2026
Casa Merah · 01-05 · Apartment · 79 years left
1,345 sqftS$2,050,000S$1,524 psf
Jun 2026
Casa Merah · 06-10 · Apartment · 79 years left
947 sqftS$1,520,000S$1,605 psf
Jun 2026
Casa Merah · 06-10 · Apartment · 79 years left
958 sqftS$1,550,000S$1,618 psf
Jun 2026
Casa Merah · 01-05 · Apartment · 79 years left
1,227 sqftS$1,800,000S$1,467 psf
May 2026
Casa Merah · 11-15 · Apartment · 79 years left
1,970 sqftS$2,320,000S$1,178 psf
May 2026
Casa Merah · 06-10 · Apartment · 79 years left
1,345 sqftS$2,165,000S$1,609 psf
Apr 2026
Casa Merah · 01-05 · Apartment · 79 years left
1,227 sqftS$1,860,000S$1,516 psf
Apr 2026
Casa Merah · 06-10 · Apartment · 79 years left
1,227 sqftS$1,900,000S$1,548 psf
Apr 2026
Casa Merah · 06-10 · Apartment · 79 years left
1,227 sqftS$1,980,000S$1,614 psf
Mar 2026
Casa Merah · 01-05 · Apartment · 79 years left
947 sqftS$1,430,000S$1,510 psf
Mar 2026
Casa Merah · 01-05 · Apartment · 79 years left
1,550 sqftS$2,380,000S$1,535 psf
Mar 2026
Casa Merah · 06-10 · Apartment · 79 years left
1,249 sqftS$1,970,000S$1,578 psf
Feb 2026
Casa Merah · 01-05 · Apartment · 79 years left
1,227 sqftS$1,880,000S$1,532 psf
Feb 2026
Casa Merah · 11-15 · Apartment · 79 years left
1,227 sqftS$1,908,000S$1,555 psf
Feb 2026
Casa Merah · 01-05 · Apartment · 79 years left
1,216 sqftS$1,800,000S$1,480 psf
Jan 2026
Casa Merah · 11-15 · Apartment · 79 years left
2,196 sqftS$2,750,000S$1,252 psf
Dec 2025
Casa Merah · 11-15 · Apartment · 79 years left
1,259 sqftS$1,957,745S$1,555 psf
Nov 2025
Casa Merah · 01-05 · Apartment · 79 years left
947 sqftS$1,370,000S$1,446 psf
Nov 2025
Casa Merah · 01-05 · Apartment · 79 years left
1,227 sqftS$1,860,000S$1,516 psf
Oct 2025
Casa Merah · 11-15 · Apartment · 79 years left
1,259 sqftS$1,930,000S$1,533 psf
Aug 2025
Casa Merah · 06-10 · Apartment · 79 years left
1,249 sqftS$1,920,000S$1,538 psf
Aug 2025
Casa Merah · 11-15 · Apartment · 79 years left
1,238 sqftS$2,050,000S$1,656 psf
Aug 2025
Casa Merah · 11-15 · Apartment · 79 years left
1,259 sqftS$1,960,000S$1,556 psf
Jul 2025
Casa Merah · 11-15 · Apartment · 80 years left
990 sqftS$1,488,000S$1,503 psf
Jul 2025
Casa Merah · 01-05 · Apartment · 80 years left
947 sqftS$1,320,000S$1,394 psf
Jun 2025
Casa Merah · 06-10 · Apartment · 80 years left
1,238 sqftS$1,900,000S$1,535 psf
Apr 2025
Casa Merah · 06-10 · Apartment · 80 years left
1,345 sqftS$2,119,000S$1,575 psf
Apr 2025
Casa Merah · 01-05 · Apartment · 80 years left
1,378 sqftS$1,972,888S$1,432 psf
Apr 2025
Casa Merah · 06-10 · Apartment · 80 years left
947 sqftS$1,358,000S$1,434 psf
Mar 2025
Casa Merah · 06-10 · Apartment · 80 years left
958 sqftS$1,430,000S$1,493 psf
Feb 2025
Casa Merah · 06-10 · Apartment · 80 years left
1,539 sqftS$2,328,000S$1,512 psf
Feb 2025
Casa Merah · 01-05 · Apartment · 80 years left
1,227 sqftS$1,850,000S$1,508 psf
Feb 2025
Casa Merah · 01-05 · Apartment · 80 years left
947 sqftS$1,290,000S$1,362 psf
Jan 2025
Casa Merah · 06-10 · Apartment · 80 years left
1,356 sqftS$2,035,000S$1,500 psf
Jan 2025
Casa Merah · 06-10 · Apartment · 80 years left
1,238 sqftS$1,958,000S$1,582 psf
Jan 2025
Casa Merah · 01-05 · Apartment · 80 years left
excluded: outlier
1,528 sqftS$2,108,000S$1,379 psf
Dec 2024
Casa Merah · 06-10 · Apartment · 80 years left
1,238 sqftS$1,850,000S$1,495 psf
Dec 2024
Casa Merah · 01-05 · Apartment · 80 years left
1,281 sqftS$1,780,000S$1,390 psf
Dec 2024
Casa Merah · 11-15 · Apartment · 80 years left
1,959 sqftS$2,383,000S$1,216 psf
Dec 2024
Casa Merah · 06-10 · Apartment · 80 years left
1,259 sqftS$1,912,000S$1,518 psf
Nov 2024
Casa Merah · 06-10 · Apartment · 80 years left
958 sqftS$1,450,000S$1,514 psf
Nov 2024
Casa Merah · 01-05 · Apartment · 80 years left
1,249 sqftS$1,838,000S$1,472 psf
Sept 2024
Casa Merah · 06-10 · Apartment · 80 years left
947 sqftS$1,380,000S$1,457 psf
Aug 2024
Casa Merah · 01-05 · Apartment · 80 years left
1,292 sqftS$1,760,000S$1,363 psf
Aug 2024
Casa Merah · 11-15 · Apartment · 80 years left
1,238 sqftS$1,910,000S$1,543 psf
Aug 2024
Casa Merah · 01-05 · Apartment · 80 years left
947 sqftS$1,368,000S$1,444 psf
Aug 2024
Casa Merah · 06-10 · Apartment · 80 years left
1,238 sqftS$1,860,000S$1,503 psf
Jul 2024
Casa Merah · 11-15 · Apartment · 81 years left
1,227 sqftS$1,908,000S$1,555 psf
Jul 2024
Casa Merah · 06-10 · Apartment · 81 years left
990 sqftS$1,368,000S$1,381 psf
Jul 2024
Casa Merah · 06-10 · Apartment · 81 years left
990 sqftS$1,410,000S$1,424 psf
Jun 2024
Casa Merah · 01-05 · Apartment · 81 years left
1,249 sqftS$1,740,000S$1,394 psf
May 2024
Casa Merah · 01-05 · Apartment · 81 years left
1,227 sqftS$1,760,000S$1,434 psf
May 2024
Casa Merah · 06-10 · Apartment · 81 years left
1,345 sqftS$1,965,000S$1,460 psf
Apr 2024
Casa Merah · 01-05 · Apartment · 81 years left
1,227 sqftS$1,720,000S$1,402 psf
Apr 2024
Casa Merah · 06-10 · Apartment · 81 years left
990 sqftS$1,372,500S$1,386 psf
Apr 2024
Casa Merah · 06-10 · Apartment · 81 years left
1,259 sqftS$1,888,888S$1,500 psf
Mar 2024
Casa Merah · 06-10 · Apartment · 81 years left
958 sqftS$1,315,000S$1,373 psf
Feb 2024
Casa Merah · 06-10 · Apartment · 81 years left
1,227 sqftS$1,790,000S$1,459 psf
Feb 2024
Casa Merah · 11-15 · Apartment · 81 years left
2,196 sqftS$2,490,000S$1,134 psf
Dec 2023
Casa Merah · 06-10 · Apartment · 81 years left
1,572 sqftS$2,328,000S$1,481 psf
Nov 2023
Casa Merah · 11-15 · Apartment · 81 years left
958 sqftS$1,280,000S$1,336 psf
Oct 2023
Casa Merah · 01-05 · Apartment · 81 years left
1,249 sqftS$1,750,000S$1,402 psf
Sept 2023
Casa Merah · 11-15 · Apartment · 81 years left
1,345 sqftS$1,920,000S$1,427 psf
Sept 2023
Casa Merah · 01-05 · Apartment · 81 years left
1,550 sqftS$2,200,000S$1,419 psf
Aug 2023
Casa Merah · 11-15 · Apartment · 81 years left
1,227 sqftS$1,770,000S$1,442 psf
Aug 2023
Casa Merah · 01-05 · Apartment · 81 years left
1,227 sqftS$1,710,000S$1,394 psf
Aug 2023
Casa Merah · 01-05 · Apartment · 81 years left
1,550 sqftS$2,020,000S$1,303 psf
Jun 2023
Casa Merah · 01-05 · Apartment · 82 years left
1,561 sqftS$2,050,000S$1,313 psf
May 2023
Casa Merah · 01-05 · Apartment · 82 years left
980 sqftS$1,360,000S$1,388 psf
May 2023
Casa Merah · 06-10 · Apartment · 82 years left
1,238 sqftS$1,738,800S$1,405 psf
Apr 2023
Casa Merah · 06-10 · Apartment · 82 years left
1,227 sqftS$1,660,000S$1,353 psf
Apr 2023
Casa Merah · 06-10 · Apartment · 82 years left
1,389 sqftS$1,900,000S$1,368 psf
Apr 2023
Casa Merah · 01-05 · Apartment · 82 years left
1,227 sqftS$1,692,000S$1,379 psf
Mar 2023
Casa Merah · 01-05 · Apartment · 82 years left
1,528 sqftS$2,050,000S$1,341 psf
Jan 2023
Casa Merah · 01-05 · Apartment · 82 years left
947 sqftS$1,235,000S$1,304 psf
Dec 2022
Casa Merah · 01-05 · Apartment · 82 years left
1,281 sqftS$1,670,000S$1,304 psf
Nov 2022
Casa Merah · 01-05 · Apartment · 82 years left
947 sqftS$1,130,000S$1,193 psf
Oct 2022
Casa Merah · 11-15 · Apartment · 82 years left
1,249 sqftS$1,680,000S$1,345 psf
Oct 2022
Casa Merah · 06-10 · Apartment · 82 years left
1,539 sqftS$2,038,000S$1,324 psf
Oct 2022
Casa Merah · 06-10 · Apartment · 82 years left
1,238 sqftS$1,600,000S$1,293 psf
Sept 2022
Casa Merah · 06-10 · Apartment · 82 years left
947 sqftS$1,180,000S$1,246 psf
Sept 2022
Casa Merah · 01-05 · Apartment · 82 years left
1,227 sqftS$1,600,000S$1,304 psf
Aug 2022
Casa Merah · 01-05 · Apartment · 82 years left
excluded: outlier
980 sqftS$1,180,000S$1,205 psf
Aug 2022
Casa Merah · 01-05 · Apartment · 82 years left
1,335 sqftS$1,650,000S$1,236 psf
Aug 2022
Casa Merah · 06-10 · Apartment · 82 years left
1,345 sqftS$1,720,000S$1,278 psf
Jul 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,249 sqftS$1,548,000S$1,240 psf
Jul 2022
Casa Merah · 01-05 · Apartment · 83 years left
excluded: outlier
947 sqftS$1,185,000S$1,251 psf
Jun 2022
Casa Merah · 06-10 · Apartment · 83 years left
1,227 sqftS$1,500,000S$1,222 psf
Jun 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,432 sqftS$1,900,000S$1,327 psf
May 2022
Casa Merah · 01-05 · Apartment · 83 years left
excluded: outlier
947 sqftS$1,130,000S$1,193 psf
May 2022
Casa Merah · 06-10 · Apartment · 83 years left
1,281 sqftS$1,638,000S$1,279 psf
May 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,249 sqftS$1,538,000S$1,232 psf
May 2022
Casa Merah · 01-05 · Apartment · 83 years left
excluded: outlier
947 sqftS$1,118,888S$1,181 psf
Apr 2022
Casa Merah · 01-05 · Apartment · 83 years left
947 sqftS$1,140,000S$1,204 psf
Apr 2022
Casa Merah · 06-10 · Apartment · 83 years left
1,227 sqftS$1,438,000S$1,172 psf
Apr 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,550 sqftS$1,980,000S$1,277 psf
Apr 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,227 sqftS$1,430,000S$1,165 psf
Mar 2022
Casa Merah · 11-15 · Apartment · 83 years left
1,227 sqftS$1,550,000S$1,263 psf
Mar 2022
Casa Merah · 11-15 · Apartment · 83 years left
958 sqftS$1,200,000S$1,253 psf
Mar 2022
Casa Merah · 01-05 · Apartment · 83 years left
947 sqftS$1,184,000S$1,250 psf
Feb 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,292 sqftS$1,488,000S$1,152 psf
Feb 2022
Casa Merah · 06-10 · Apartment · 83 years left
1,259 sqftS$1,520,000S$1,207 psf
Feb 2022
Casa Merah · 01-05 · Apartment · 83 years left
947 sqftS$1,165,000S$1,230 psf
Jan 2022
Casa Merah · 11-15 · Apartment · 83 years left
1,259 sqftS$1,580,000S$1,255 psf
Jan 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,249 sqftS$1,560,000S$1,249 psf
Jan 2022
Casa Merah · 01-05 · Apartment · 83 years left
1,227 sqftS$1,410,000S$1,149 psf
Jan 2022
Casa Merah · 06-10 · Apartment · 83 years left
1,259 sqftS$1,380,000S$1,096 psf
Oct 2021
Casa Merah · 06-10 · Apartment · 83 years left
958 sqftS$1,175,000S$1,227 psf
Oct 2021
Casa Merah · 01-05 · Apartment · 83 years left
1,528 sqftS$1,800,000S$1,178 psf
Oct 2021
Casa Merah · 06-10 · Apartment · 83 years left
958 sqftS$1,170,000S$1,221 psf
See more

Showing 112 of 115.

Sale prices as filed in caveats.

Where the lease takes this

About 78 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 years73 yearsS$1,863,386S$2,057,328S$2,267,094S$2,331,020
10 years68 yearsS$1,821,822S$2,220,791S$2,696,742S$2,850,969
20 years58 yearsS$1,642,424S$2,440,556S$3,598,754S$4,022,149

On a flat market the lease alone costs 16% over 20 years. Prices would need to rise about 0.9% 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.