Merawoods
Merawoods is a condominium in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,507 psf from 10 sales.
At a glance
- District
- District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
- Region
- Outside Central Region
- Type
- Condominium
- Tenure
- 999-year lease from 1885, about 858 years left
- Completed
- 1999, about 27 years old
What the prices say
The median home in Merawoods sold for S$2,039,000: the middle of 10 sales in the 12 months to August 2026.
That is about the same as the middle condo project in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) (S$1,526 psf, across 66 projects), within 2%. By price per square foot it ranks 27th of the 48 projects in the district that have a price to show, where 1st is the highest.
Year by year, the median was S$1,149 psf in 2021 (9 sales) and S$1,510 psf in 2025 (8 sales), up about 31%.
Floor made little difference: floors 6 to 10 sold at S$1,507 psf against S$1,479 psf on floors 1 to 5 (24 months).
Against similar projects in the district
This project and the three others in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) whose median over the last 12 months is closest to Merawoods' S$1,507 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.
Their middle figure is S$1,524 psf, about the same as Merawoods (within 2%).
| Project | Median price per sq ft | Sales |
|---|---|---|
| Merawoods | S$1,507 psf | 10 |
| The Rainforest | S$1,514 psf | 15 |
| Tree House | S$1,524 psf | 11 |
| Chantilly Rise | S$1,535 psf | 5 |
What sells here
10 homes sold in the last 12 months, up from 5 in the 12 months before.
The most common size was 1,200 to 1,499 sq ft, with 7 of the 15 sales in the last 24 months, close to half.
None of the 15 sales in the last 24 months were first sales of new units: all 15 were resales.
The first new sale in our records was in March 1996.
Rents and yield
Rental contracts that began in the 12 months to August 2026 had a median rent of S$4,300 a month (42 contracts). The district's median across every contract was S$3,800, so rents here ran noticeably above it: about 13% higher.
Over the 24 months the median rent was S$4,200 (86 contracts), about the same as the latest 12 months, within 3%.
By bedrooms: 2 bedrooms S$3,375 (14) and 3 bedrooms S$4,400 (25). The figure in brackets is the number of contracts.
Setting rent against price for 1,200 to 1,499 sq ft homes (23 rentals and 5 resale or sub-sale transactions) gives a gross yield estimate of 2.6%: a median rent of S$4,400 a month against a median price of S$2,050,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.
Age and lease
19 other projects in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) were completed within 5 years of Merawoods and have a price. Their middle price was S$1,184 psf, so Merawoods sold well above projects of a similar age: about 27% higher.
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in Merawoods. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in Merawoods?
S$1,507 psf in the 12 months to August 2026, from 10 sales. For the median home that is S$2,039,000.
How many homes sold in Merawoods?
10 in the last 12 months and 15 in the last 24 months, across all sale types.
What do homes in Merawoods rent for?
The median rent for contracts that began in the 12 months to August 2026 was S$4,300 a month, from 42 contracts.
What is the rental yield in Merawoods?
Between 2.6% and 2.6% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.
How much lease is left in Merawoods?
It is a 999-year lease from 1885, which leaves about 858 years at 2026.
Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$1,507 psf | S$2,039,000 | 10 |
| Last 24 months | S$1,497 psf | S$2,050,000 | 15 |
| Last 5 years | S$1,443 psf | S$1,931,500 | 30 |
Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2021 | S$1,149 psf | 9 |
| 2022 | S$1,375 psf | 7 |
| 2023 | S$1,428 psf | 5 |
| 2024 | S$1,448 psf | 5 |
| 2025 | S$1,510 psf | 8 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$1,479 psf | 8 |
| Floors 6 to 10 | S$1,507 psf | 7 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| 1,200 to 1,499 sq ft | S$1,507 psf | 7 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Rent against price for Merawoods, by size
Rents
| Period | Median rent | Contracts |
|---|---|---|
| Last 12 months | S$4,300 a month | 42 |
| Last 24 months | S$4,200 a month | 86 |
| Bedrooms | Median rent, 12 months | Contracts | Median rent, 24 months |
|---|---|---|---|
| 1 bedroom | Under 5 contracts | 0 | Under 5 contracts |
| 2 bedrooms | S$3,375 a month | 14 | S$3,350 a month |
| 3 bedrooms | S$4,400 a month | 25 | S$4,400 a month |
| 4 or more bedrooms | Under 5 contracts | 3 | S$6,000 a month |
Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
- Rents for every district, by size
- Rent against price for Merawoods, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in Merawoods, with a likely range and the recent sales behind it. Sign in is free.
Open Merawoods in Condo AtlasOther condos in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
- Mi Casa
- Midwood
- Mont Botanik Residence
- Montrosa
- Natura@hillview
- Nicon Gardens
- Northvale
- Palm Gardens
- Park Natura
- Parkview Apartments
- Phoenix Residences
- Regent Grove
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.