GrowKaki.

Tanah Merah Mansion

Tanah Merah Kechil Road South · District 16 · Outside Central Region (OCR) · Freehold

Tanah Merah Mansion is a condominium development in District 16 (OCR). Based on 12 URA-recorded transactions from 20212026, its median price is $1,188,000, with prices moving about -1.5%/yr.

The verdict · for an investor

Tanah Merah Mansion · Condominium · District 16 · Freehold

Tanah Merah Mansion is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 11 min on foot; 3 supermarkets, 2 food & retail spots nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Bayshore precinct — a government-committed long-term catalyst.

What's holding it back

  • The 3-bed has lagged (−5.7%).
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

no rent record yet

Priced vs nearby

Above 1 of 7

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,106/sqft
3 sold here

What 904 sqft (3-bed) units go for here

$0.94Mmiddle ~$1.00M$1.06M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 904 sqft sales

Aug 2024904 sqft · fl 01-05$1.00M$1,106 psf
Jan 2024904 sqft · fl 01-05$1.14M$1,259 psf
Apr 2022904 sqft · fl 01-05$1.00M$1,106 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$4 psf/mo). Change it if you know better.

The rent you’d get

/mo
4.3% gross yield
Stronggenuinely rentable, and rare at this price. At a typical 75% loan, the rent fully covers the mortgage — it pays for itself.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.00M

Aim at the middle or below. A patient buyer has been getting closer to $0.96M.

If you’re selling

~$1.04M

List at the top of fair; realistic close is $1.00M–$1.01M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$1.34M
Paper gain+$0.34M

Our blunt read: ~$344k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.0%/yr), and past pace never promises the future.

Built from URA transactions for Tanah Merah Mansion — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Tanah Merah Mansion

Outside Central Region (OCR) · District 16 · ~$1,178 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Tanah Merah Mansion, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,178 psf, Tanah Merah Mansion is priced below similar new projects nearby — good value against its peers. Its own prices are only creeping up (~-1.5%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Tanah Merah Mansion)

Supports prices

Tanah Merah Mansion's own prices are still climbing — about +3% in the latest year of sales.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Supports prices

Not many new units are being built in this district (~515) — less new supply competing with you.

0.5k units
New launches selling

Supports prices

New launches in this district are selling well — 3 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,178 psf is ~27% below similar nearby projects (~$1,623). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Tanah Merah Mansion has grown ~-1.5%/yr over ~5 years. Similar nearby: Sceneca Residence 0.7%, The Bayshore 5.6%, The Glades 3.3%, Eco 3.2%, Urban Vista 2.8% — a 0.75.6%/yr spread (most around 3.2%).

market ~4.6%
Tanah -1.5%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~-1.5%/yr, ~$1,109/sqft by year 4 — still short of $1,350.
Likely hits it:at ~-1.5%/yr it’s not trending up — it may never reach $1,350 on its own.
Best case:if it ran like its best neighbour (The Bayshore, ~5.6%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,188,000

2021–2026 (URA)

Appreciation

-1.5%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Tanah Merah Mansion median price per sqft, by year

2021$1,204 psf
2022$1,140 psf-5.3%
2023$1,156 psf+1.4%
2024$1,181 psf+2.2%
2025$1,145 psf-3%
2026$1,178 psf+2.9%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Tanah Merah Mansion fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Tanah Merah Mansion

Questions people ask about Tanah Merah Mansion

Is Tanah Merah Mansion freehold or leasehold?

Tanah Merah Mansion is a freehold development in District 16 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does Tanah Merah Mansion cost per square foot?

Recent transactions at Tanah Merah Mansion are around $1,178 psf. Across its record, transacted prices range from $1,000,000 to $3,188,880.

Which primary schools are near Tanah Merah Mansion?

Within 1 km (top Primary 1 priority): Temasek Primary School (0.54 km). Within 1–2 km: Bedok Green Primary School, St. Anthony's Canossian Primary School, Fengshan Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Tanah Merah Mansion?

The nearest MRT is Tanah Merah MRT, about 580 m away (straight-line).

Has Tanah Merah Mansion gone up in value?

Across 12 URA-recorded transactions (2021–2026), prices at Tanah Merah Mansion have moved about -1.5% a year on average. That is a past record, not a forecast.

What condos are comparable to Tanah Merah Mansion?

Within a short walk: Eco, Bedok Court, Grandeur Park Residences, The Glades, Optima @ Tanah Merah. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Tanah Merah Mansion a good buy?

Tanah Merah Mansion sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

Other condos in District 16

Browse all Singapore condos →