The Makena
The Makena is a commercial building in District 15 · Marine Parade, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 4 transactions are on record since 1995, most recently in Jun 2013. ACRA records 39 live company registrations at this address.
What are the key facts about The Makena?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
- Tenure
- Freehold
- District / Area
- District 15 · Marine Parade
- Address
- 121 Meyer Road
- Land area
- 34,023 sqm
- Transactions on record
- 4 (records start 1995)
- Live listings
- None
- ACRA registrations
- 39
About The Makena
The Makena is a mixed-use building in Marine Parade (District 15). It is located along Meyer Road, Singapore 437932.
Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.
The site is freehold. It occupies roughly 34,023 sqm of land with about 95,264 sqm of gross floor area.
4 transactions have been recorded here, at a median of S$1,292 psf. The most recent was in June 2013.
39 businesses are currently registered at this address with ACRA.
The nearest MRT is Tanjong Katong MRT, 372 m away (about a 6-minute walk). The closest bus stop (Tg Katong Flyover) is 308 m away (about a 5-minute walk).
What is The Makena zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
What has The Makena sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2013 | Retail | S$340k | 194 sqft | $1,755 |
| Jun 1999 | Retail | S$295k | 269 sqft | $1,096 |
| May 1999 | Retail | S$848k | 689 sqft | $1,231 |
| Apr 1998 | Retail | S$262k | 194 sqft | $1,352 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near The Makena?
Indicative area yield — District 15 retail
An INDICATIVE AREA yield for District 15 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 15 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $60.00 | $91.67 | $123.00 |
| B1 & Below · 30 & Below | $75.81 | $109.64 | $243.47 |
| Level 2 & 3 · 30 & Below | $68.24 | $125.48 | $215.03 |
| Level 4 & Above · >30 - 100 | $50.75 | $55.22 | $59.76 |
| Level 1 · >30 - 100 | $89.55 | $111.66 | $176.50 |
| Level 2 & 3 · >30 - 100 | $74.56 | $115.04 | $179.95 |
| B1 & Below · >30 - 100 | $96.86 | $112.98 | $285.03 |
| Level 1 · >100 - 300 | $100.81 | $136.47 | $176.70 |
URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.
What is near The Makena?
Getting around
- Tanjong Katong MRT372 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at The Makena?
- Live registrations
- 39
- Registered last 3 years
- 14
- Most common type
- Local Company
Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.
Frequently asked questions about The Makena
Where is The Makena?⌄
The Makena is at 121 Meyer Road, Singapore 437932, in the Marine Parade planning area.
What is The Makena zoned as?⌄
The Makena sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.
What is the tenure of The Makena?⌄
The Makena is freehold.
What have units at The Makena sold for?⌄
Across 4 recorded transactions, the median price is S$1,292 psf. The latest was in June 2013.
What is the nearest MRT station to The Makena?⌄
Tanjong Katong MRT is the closest, 372 m away (about a 6-minute walk).
How many businesses are registered at The Makena?⌄
39 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on The Makena.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project The Makena.