D08 - Kallang
Novena MRT
1 January 2009
Small (42 units)
42 units
1 Block, 15 Floors
Fragrance Properties Pte Ltd
The Merlot has a total of 42 units, from 1 Bed - 1 Bath to 3 Bed - 2 Bath units. There are 5 types of floor plans from 517 sqft to 1,098 sqft.
The Merlot has 1 block and up to 15 storeys.
The Merlot is a freehold Condo Apartment located in Kallang, District 8. Completed in 2009, it has a total of 1 blocks within the development and comprises a total of 42 units. It is within walking distance to MRT stations such as Novena MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, The Merlot is also close to schools like Educare Schools Services Pte. Ltd., St. Joseph's Institution Junior and St. Joseph's Institution Junior. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage - Novena and FairPrice Cambridge Road for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Edgedale Medical Clinic (Cambridge). Newton Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Cambridge Park, to enjoy some fresh air.
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Total Transactions
5
Average Price
S914K
Total Value
S4.6M
Calculating fair value from URA transaction data…


License: L3008022J
Automated Valuation based on 509 URA transactions
Fair Value
S$2.19M
S$1,993 psf
Asking Price
S$2.20M
S$2,003 psf
vs Market
+0.5%
vs Last Done
+38.0%
Tenure
Freehold
No lease decay
Confidence
High
509 comps
Nearest MRT
Novena
737m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
509 comparable transactions
S$1,973
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,993
Recent Comparable Transactions
10 shown · 509 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | HERTFORD ROAD Floor 01-05 | 786sqft | S$1,140,000 | ▼S$1,451 -27.2% vs FV | Freehold |
Aug 2025 | HERTFORD ROAD Floor 01-05 | 786sqft | S$1,140,000 | ▼S$1,451 -27.2% vs FV | Freehold |
Aug 2025 | SURREY ROAD Floor 16-20 | 1,981sqft | S$4,380,000 | ▲S$2,211 +10.9% vs FV | Freehold |
Aug 2025 | LINCOLN ROAD Floor 26-30 | 1,421sqft | S$3,750,000 | ▲S$2,639 +32.4% vs FV | Freehold |
Jul 2025 | SURREY ROAD Floor 06-10 | 1,841sqft | S$4,200,000 | ▲S$2,282 +14.5% vs FV | Freehold |
Jul 2025 | KENG LEE ROAD Floor 06-10 | 1,356sqft | S$2,580,000 | ▼S$1,902 -4.6% vs FV | 99 yrs lease commencing from 2008 |
Jul 2025 | CAMBRIDGE ROAD Floor 01-05 | 1,550sqft | S$2,250,000 | ▼S$1,452 -27.1% vs FV | Freehold |
Jul 2025 | LINCOLN ROAD Floor 21-25 | 1,410sqft | S$2,980,000 | ▲S$2,113 +6.0% vs FV | Freehold |
Jul 2025 | DERBYSHIRE ROAD Floor 06-10 | 936sqft | S$2,350,000 | ▲S$2,509 +25.9% vs FV | Freehold |
Jul 2025 | NEWTON ROAD Floor 06-10 | 958sqft | S$2,070,000 | ▲S$2,161 +8.4% vs FV | 99 yrs lease commencing from 1997 |
Jul 2025 | NEWTON ROAD Floor 21-25 | 1,259sqft | S$2,850,000 | ▲S$2,263 +13.5% vs FV | 99 yrs lease commencing from 1997 |
HERTFORD ROAD
Aug 2025 · Floor 01-05
-27.2% vs FV
HERTFORD ROAD
Aug 2025 · Floor 01-05
-27.2% vs FV
SURREY ROAD
Aug 2025 · Floor 16-20
+10.9% vs FV
LINCOLN ROAD
Aug 2025 · Floor 26-30
+32.4% vs FV
SURREY ROAD
Jul 2025 · Floor 06-10
+14.5% vs FV
KENG LEE ROAD
Jul 2025 · Floor 06-10
-4.6% vs FV
CAMBRIDGE ROAD
Jul 2025 · Floor 01-05
-27.1% vs FV
LINCOLN ROAD
Jul 2025 · Floor 21-25
+6.0% vs FV
DERBYSHIRE ROAD
Jul 2025 · Floor 06-10
+25.9% vs FV
NEWTON ROAD
Jul 2025 · Floor 06-10
+8.4% vs FV
NEWTON ROAD
Jul 2025 · Floor 21-25
+13.5% vs FV
HELIOS AI Analysis
Based on 509 URA transactions (0 outliers removed), adjusted for: MRT Novena 737m away (+1%)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.