FreeholdRCRDistrict 15 (Marine Parade)

The Makena

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026 (URA)
Quick Summary

The Makena is a freehold condominium in District 15 (Marine Parade) that obtained TOP in 1998, with 504 units across 3 blocks. Across 919 transactions on record, units have recently transacted around S$2.68M (S$2,215 psf, ~1,152 sqft). There are 5 units for sale from S$2.70M to S$3.88M.

1

What are the key facts about The Makena?

Key Takeaway

The Makena is a freehold condominium in District 15 (Marine Parade) that obtained TOP in 1998, with 504 units across 3 blocks.

Tenure
Freehold
TOP / Completion
1998
Developer
HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD
Total units
504
Blocks
3
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$2,215 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at The Makena?

Key Takeaway

Units have recently transacted around S$2.68M (S$2,215 psf), at a gross rental yield of about 1.7% (URA caveat data).

Recent median price

S$2.68M

recent · 919 sales on record

Median PSF

S$2,215 psf

recent transactions

Median rent (monthly)

S$3,843

3,798 rentals on record

Gross rental yield

1.7%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at The Makena?

Key Takeaway

The Makena has 919 recorded sales; the most recent transacted at S$3,848,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$3,848,0001,636S$2,352 psf
Feb 2026S$3,500,0001,582S$2,212 psf
Feb 2026S$2,680,0001,152S$2,327 psf
Dec 2025S$2,610,0001,152S$2,266 psf
Oct 2025S$3,400,0001,518S$2,240 psf
Sept 2025S$3,700,0001,647S$2,247 psf
Sept 2025S$2,250,000926S$2,431 psf
Sept 2025S$2,050,000926S$2,215 psf
Sept 2025S$3,515,0001,636S$2,148 psf
Sept 2025S$2,510,0001,152S$2,179 psf
Jun 2025S$3,450,0001,636S$2,109 psf
Jun 2025S$2,000,000926S$2,161 psf

919 sales and 3,798 rentals on record since Jan 1995. Source: URA.

4

Are prices at The Makena rising?

Key Takeaway

The median transacted PSF at The Makena has risen 77% over the past 9 years (20172026), from S$1,315 psf to S$2,327 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,327 psfS$3.50M3+8.3%
2025S$2,148 psfS$2.76M18+9.1%
2024S$1,968 psfS$2.63M13+5.6%
2023S$1,864 psfS$2.80M14+3.5%
2022S$1,801 psfS$2.68M17+11.9%
2021S$1,610 psfS$2.28M24+3.0%
2020S$1,563 psfS$2.22M14+0.6%
2019S$1,554 psfS$1.88M11-1.1%
2018S$1,572 psfS$2.09M8+19.5%
2017S$1,315 psfS$2.10M29

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 The Makena?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where The Makena sits — in the last 12 months, across all property types.

Active agents · 12mo

9,526

District 15 · closed ≥1 deal

Deals on record

60,896

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 The Makena?

Key Takeaway

The Makena has 5 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$3.88M–S$3.88M
3-bedroom4S$2.70M–S$3.88M
7

Where is The Makena and what's nearby?

Key Takeaway

The Makena is located in Marine Parade, in the Central Region of Singapore.

The Makena is a freehold condominium completed in 1998. It was developed by HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD. The development has 504 residential units. It sits on a land area of 34,012 sqm and has a gross floor area of 95,251 sqm. The plot ratio is 2.8.

THE MAKENA is located at 121 Meyer Road, Singapore 437932. It is part of District 15, Katong / Joo Chiat / Amber Road, Marine Parade. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Tanjong Katong MRT, approximately 457m away, around 7 minutes on foot. Nearby amenities include Katong V for shopping, CHEE MIN KUAN, SIMON for groceries, and Meyer Rd Pg for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Gymnasium room, Mini-Mart, Playground, and 24 hours security.

8

Who built The Makena and how big is the development?

Key Takeaway

The Makena was developed by HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD, with 504 units.

Developer
HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD
Blocks
3
Land area
34,012 sqm (366,102 sqft)
Gross floor area
95,251 sqm (1,025,272 sqft)
Plot ratio
2.80
9

How far is The Makena from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Makena is Tanjong Katong MRT, about 457 m away (~7 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Chung Cheng High School (Main)Secondary schoolwithin 1 km974 m
  • Tanjong Katong Primary SchoolPrimary school1.2 km
  • Tanjong Katong Girls' SchoolSecondary school1.3 km
  • Dunman High SchoolMixed-level school1.3 km
  • Tanjong Katong Secondary SchoolSecondary school1.4 km
  • Broadrick Secondary SchoolSecondary school1.4 km
  • Kong Hwa SchoolPrimary school1.7 km
  • Haig Girls' SchoolPrimary school2.0 km

Shops, food & parks

Mall: Katong V · 1.3 kmSupermarket: Chee Min Kuan, Simon · 822 mPark: Meyer Rd Pg · 207 m

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

10

What facilities does The Makena have?

Key Takeaway

The Makena has 10 facilities, including Barbeque Area, Covered car park, Gymnasium room, Mini-Mart, and more.

Barbeque AreaCovered car parkGymnasium roomMini-MartPlayground24 hours securitySquash courtSwimming poolTennis courtsWading pool
11

What does it cost to own a unit at The Makena?

Key Takeaway

Buying a unit at The Makena (~S$2.68M) needs about S$19,618/mo in income and S$9,026/mo in repayments, after S$103,600 stamp duty and a S$670k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.68M) 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$103,600

BSD, tiered

Downpayment (25%)

S$670k

cash + CPF

Monthly instalment

S$9,026/mo

30y @ 3.5%

Income required

S$19,618/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 The Makena? Ask before you commit.

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

PropKaki
Is The Makena a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about The Makena

How much does a unit at The Makena cost?

Units at The Makena have recently transacted around S$2.68M (S$2,215 psf), from 919 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Makena?

For a unit around S$2.68M as a first home, you'd need roughly S$19,618/mo in income (assessed at the stress-test rate), with repayments near S$9,026/mo after a S$670k (25%) downpayment and S$103,600 Buyer's Stamp Duty.

Is The Makena a good investment?

Gross rental yield is about 1.7%; median PSF has risen about 77% since 2017. 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 The Makena going up?

The median transacted PSF at The Makena has risen about 77% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Makena freehold or leasehold?

The Makena is freehold — ownership does not expire.

When was The Makena built and who developed it?

The Makena obtained TOP in 1998, developed by HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD, with 504 units across 3 blocks.

How many units are for sale at The Makena?

There are 5 units for sale at The Makena, from S$2.70M to S$3.88M.

What is the nearest MRT to The Makena?

The nearest MRT/LRT station to The Makena is Tanjong Katong MRT, about 457 m away (~7 min walk).

Are there schools near The Makena?

1 school is within 1 km of The Makena, including Chung Cheng High School (Main).

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