FreeholdRCRDistrict 15 (Marine Parade)

The Makena

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 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 921 transactions on record, units have recently transacted around S$2.68M (S$2,240 psf, ~1,152 sqft). There are 11 units for sale from S$2.90M to S$3.88M.

Key facts about The Makena
TenureFreehold
TOP year1998
DeveloperHONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD
Units504 in 3 blocks
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTTanjong Katong MRT, 457 m (~7 min walk)
Latest median psfS$2,240 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at The Makena?

Key Takeaway

The Makena has 11 units listed for sale, asking S$2.90M to S$3.88M (median S$2,351 psf), and 31 units for rent at a median of S$5,500 a month.

For sale

11 listings

S$2.90M – S$3.88M

For rent

31 listings

S$1,300 – S$20,000 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$3.88M–S$3.88M
3-bedroom10S$2.90M–S$3.88MS$2,351 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at The Makena?

Key Takeaway

Floor plans for The Makena aren't in PropKaki's library yet. Across 921 URA caveats, units range from 926 sqft to 3,154 sqft, and the middle half are 1,292 sqft to 1,636 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom1,636 sqftS$3.88M
3-bedroom1,152 sqft to 1,636 sqftS$2.90M · S$2,351 psf

Check the Floor Plan Finder for The Makena →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at The Makena?

Key Takeaway

Units have recently transacted around S$2.68M (S$2,240 psf), at a gross rental yield of about 1.7% (URA caveat data).

Recent median price

S$2.68M

recent · 921 sales on record

Median PSF

S$2,240 psf

recent transactions

Median rent (monthly)

S$3,867

3,808 rentals on record

Gross rental yield

1.7%

indicative, gross

Units currently for sale are asking a median of S$2,351 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at The Makena?

Key Takeaway

The Makena has 921 recorded sales; the most recent transacted at S$2,950,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,950,0001,518S$1,944 psf
Jul 2026S$2,650,0001,152S$2,301 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

921 sales and 3,808 rentals on record since Jan 1995. Source: URA.

5

Are prices at The Makena rising?

Key Takeaway

The median transacted PSF at The Makena has risen 75% over the past 9 years (20172026), from S$1,315 psf to S$2,301 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,301 psfS$2.95M5+7.1%
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.

6

Is The Makena a good investment?

Key Takeaway

Of 424 units at The Makena that were bought and later resold (bought from 1995, resold up to 2026), 75% sold for more than they were bought for, with a median gain of 24% over a median 7.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.7%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

75%

of 424 resales here

Median gain

24%

gross, before costs

Median hold

7.5 years

bought to resold

Every unit at The Makena with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around The Makena?

Key Takeaway

9,527 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

9,527

District 15 · closed ≥1 deal

Deals on record

60,936

all-time · all property types

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

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…
13

Frequently asked questions about The Makena

Is The Makena freehold?

Yes. The Makena is freehold, so ownership does not run out.

How old is The Makena?

The Makena was completed (obtained TOP) in 1998, so it is about 28 years old.

Is The Makena a good investment?

Of 424 units at The Makena that were bought and later resold (bought from 1995, resold up to 2026), 75% sold for more than they were bought for, with a median gain of 24% over a median 7.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.7%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Makena an EC?

No. The Makena is a private condominium, not an executive condominium (EC).

Who is the developer of The Makena?

The Makena was developed by HONG LEONG HOLDINGS & CITY DEVELOPMENTS LTD.

What is the price of a condo at The Makena?

Units at The Makena have recently sold for around S$2.68M (S$2,240 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 11 units are listed for sale from S$2.90M to S$3.88M.

Where is The Makena located?

The Makena is at 121 Meyer Road, Singapore 437932, in Marine Parade (District 15). The nearest MRT station is Tanjong Katong MRT, about 457 m away.

How many units are there in The Makena?

The Makena has 504 units in 3 blocks.

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.

Are prices at The Makena going up?

The median price per square foot at The Makena has risen about 75% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.