FreeholdRCRDistrict 15 (Bedok)

Meridian 38

Reviewed by Nathan TangUpdated 11 August 2026Data through May 2026 (URA)
Quick Summary

Meridian 38 is a freehold apartment in District 15 (Bedok) that obtained TOP in 2015, with 19 units across 1 block. Across 24 transactions on record, units have recently transacted around S$1.68M (S$1,353 psf, ~1,163 sqft). There are 2 units for sale from S$1.95M to S$1.95M.

1

What are the key facts about Meridian 38?

Key Takeaway

Meridian 38 is a freehold apartment in District 15 (Bedok) that obtained TOP in 2015, with 19 units across 1 block.

Tenure
Freehold
TOP / Completion
2015
Developer
JVA TELOK KURAU PTE LTD
Total units
19
Blocks
1
District / Area
District 15 (Bedok)
Market segment
RCR
Median PSF
S$1,353 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at Meridian 38?

Key Takeaway

Units have recently transacted around S$1.68M (S$1,353 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$1.68M

recent · 24 sales on record

Median PSF

S$1,353 psf

recent transactions

Median rent (monthly)

S$2,655

31 rentals on record

Gross rental yield

1.9%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at Meridian 38?

Key Takeaway

Meridian 38 has 24 recorded sales; the most recent transacted at S$1,828,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,828,0001,152S$1,587 psf
Jan 2026S$1,850,0001,152S$1,606 psf
Oct 2025S$1,050,000743S$1,414 psf
Sept 2021S$1,675,0001,238S$1,353 psf
Jun 2021S$1,068,000743S$1,438 psf
Apr 2019S$2,380,0002,217S$1,073 psf
Jan 2019S$2,300,0001,959S$1,174 psf
Oct 2017S$1,628,0001,238S$1,315 psf
Aug 2017S$1,580,0001,152S$1,372 psf
Apr 2017S$2,020,0002,099S$962 psf
Apr 2016S$1,750,0001,367S$1,280 psf
Feb 2015S$1,630,0001,163S$1,402 psf

24 sales and 31 rentals on record since Jan 2013. Source: URA.

4

Are prices at Meridian 38 rising?

Key Takeaway

The median transacted PSF at Meridian 38 has risen 8% over the past 13 years (20132026), from S$1,466 psf to S$1,587 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,587 psfS$1.83M2+17.3%
2021S$1,353 psfS$1.07M2+26.1%
2019S$1,073 psfS$2.30M2-18.4%
2017S$1,315 psfS$1.63M3-6.1%
2014S$1,400 psfS$1.59M5-4.5%
2013S$1,466 psfS$1.62M7

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Meridian 38?

Key Takeaway

9,527 CEA-registered agents closed at least one recorded deal in District 15 — where Meridian 38 sits — in the last 12 months, across all property types.

Active agents · 12mo

9,527

District 15 · closed ≥1 deal

Deals on record

60,936

all-time · all property types

Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Meridian 38?

Key Takeaway

Meridian 38 has 2 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom2S$1.95M–S$1.95M
7

Where is Meridian 38 and what's nearby?

Key Takeaway

Meridian 38 is located in Bedok, in the East Region of Singapore.

Meridian 38 is a freehold apartment completed in 2015. It was developed by JVA TELOK KURAU PTE LTD. The development has 19 residential units. It sits on a land area of 1,342 sqm and has a gross floor area of 1,879 sqm. The plot ratio is 1.4.

MERIDIAN 38 is located at 38 Lorong M Telok Kurau, Singapore 425317. It is part of District 15, Katong / Joo Chiat / Amber Road, Bedok. The project falls within the East Region and the RCR market segment.

The nearest rail connection is Marine Terrace MRT, approximately 626m away, around 10 minutes on foot. Nearby amenities include i12 Katong for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 50A Marine Terrace for food options, and Telok Kurau Lorong N Pk for greenery and recreation.

8

Who built Meridian 38 and how big is the development?

Key Takeaway

Meridian 38 was developed by JVA TELOK KURAU PTE LTD, with 19 units.

Developer
JVA TELOK KURAU PTE LTD
Blocks
1
Land area
1,342 sqm (14,445 sqft)
Gross floor area
1,879 sqm (20,225 sqft)
Plot ratio
1.40
9

How far is Meridian 38 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Meridian 38 is Marine Terrace MRT, about 626 m away (~10 min walk). 6 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority433 m
  • Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority571 m
  • St. Patrick's SchoolSecondary schoolwithin 1 km802 m
  • Chij Katong ConventSecondary schoolwithin 1 km824 m
  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority902 m
  • Ngee Ann Primary SchoolPrimary schoolwithin 1 km · P1 priority910 m
  • Victoria Junior CollegeJunior college1.1 km
  • St. Stephen's SchoolPrimary school1.2 km

Shops, food & parks

Mall: i12 Katong · 865 mSupermarket: NTUC Fairprice Co-operative Ltd · 387 mHawker centre: Blk 50A Marine Terrace · 748 mPark: Telok Kurau Lorong N Pk · 216 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What does it cost to own a unit at Meridian 38?

Key Takeaway

Buying a unit at Meridian 38 (~S$1.68M) needs about S$12,261/mo in income and S$5,641/mo in repayments, after S$53,350 stamp duty and a S$419k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.68M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$53,350

BSD, tiered

Downpayment (25%)

S$419k

cash + CPF

Monthly instalment

S$5,641/mo

30y @ 3.5%

Income required

S$12,261/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Meridian 38? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Meridian 38's own transactions.

PropKaki
Is Meridian 38 a good buy, and what are units selling for?

Recent units at Meridian 38 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Meridian 38

How much does a unit at Meridian 38 cost?

Units at Meridian 38 have recently transacted around S$1.68M (S$1,353 psf), from 24 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Meridian 38?

For a unit around S$1.68M as a first home, you'd need roughly S$12,261/mo in income (assessed at the stress-test rate), with repayments near S$5,641/mo after a S$419k (25%) downpayment and S$53,350 Buyer's Stamp Duty.

Is Meridian 38 a good investment?

Gross rental yield is about 1.9%; median PSF has risen about 8% since 2013. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Meridian 38 going up?

The median transacted PSF at Meridian 38 has risen about 8% between 2013 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Meridian 38 freehold or leasehold?

Meridian 38 is freehold — ownership does not expire.

When was Meridian 38 built and who developed it?

Meridian 38 obtained TOP in 2015, developed by JVA TELOK KURAU PTE LTD, with 19 units across 1 block.

How many units are for sale at Meridian 38?

There are 2 units for sale at Meridian 38, from S$1.95M to S$1.95M.

What is the nearest MRT to Meridian 38?

The nearest MRT/LRT station to Meridian 38 is Marine Terrace MRT, about 626 m away (~10 min walk).

Which primary schools are within 1 km of Meridian 38?

Chij (Katong) Primary, Tao Nan School, Haig Girls' School, Ngee Ann Primary School are within 1 km of Meridian 38 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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