The Mercury
The Mercury is a freehold apartment in District 10 (Tanglin) that obtained TOP in 2012, with 67 units across 1 block. Across 132 transactions on record, units have recently transacted around S$1.32M (S$2,039 psf, ~635 sqft). There are 3 units for sale from S$1.47M to S$1.50M.
What are the key facts about The Mercury?
The Mercury is a freehold apartment in District 10 (Tanglin) that obtained TOP in 2012, with 67 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2012
- Developer
- FORTUNE SHANGHAI ROAD PTE LTD
- Total units
- 67
- Blocks
- 1
- District / Area
- District 10 (Tanglin)
- Market segment
- CCR
- Median PSF
- S$2,039 psf
- Last transacted
- Aug 2025
- Remaining lease
- Freehold
What is the price and PSF at The Mercury?
Units have recently transacted around S$1.32M (S$2,039 psf), at a gross rental yield of about 3.4% (URA caveat data).
Recent median price
S$1.32M
recent · 132 sales on record
Median PSF
S$2,039 psf
recent transactions
Median rent (monthly)
S$3,773
404 rentals on record
Gross rental yield
3.4%
indicative, gross
Source: URA caveat data, through Aug 2025.
What has recently sold at The Mercury?
The Mercury has 132 recorded sales; the most recent transacted at S$1,370,000 in Aug 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2025 | S$1,370,000 | 635 | S$2,157 psf |
| May 2025 | S$2,380,000 | 1,044 | S$2,279 psf |
| May 2024 | S$1,295,000 | 635 | S$2,039 psf |
| Mar 2024 | S$1,320,000 | 635 | S$2,078 psf |
| Aug 2023 | S$1,300,000 | 635 | S$2,047 psf |
| Jun 2023 | S$2,188,888 | 1,044 | S$2,096 psf |
| Jul 2022 | S$1,270,000 | 635 | S$2,000 psf |
| Jun 2022 | S$1,980,000 | 1,044 | S$1,896 psf |
| Mar 2022 | S$1,285,000 | 635 | S$2,023 psf |
| Feb 2022 | S$1,340,000 | 635 | S$2,110 psf |
| Oct 2021 | S$2,042,000 | 1,044 | S$1,956 psf |
| May 2021 | S$1,280,000 | 635 | S$2,016 psf |
132 sales and 404 rentals on record since Mar 2009. Source: URA.
Are prices at The Mercury rising?
The median transacted PSF at The Mercury has risen 25% over the past 10 years (2015–2025), from S$1,724 psf to S$2,157 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$2,157 psf | S$1.37M | 2 | +5.8% |
| 2024 | S$2,039 psf | S$1.29M | 2 | -0.4% |
| 2023 | S$2,047 psf | S$1.30M | 2 | +2.4% |
| 2022 | S$2,000 psf | S$1.28M | 4 | +0.0% |
| 2021 | S$2,000 psf | S$1.28M | 3 | +13.8% |
| 2020 | S$1,757 psf | S$1.83M | 5 | -0.2% |
| 2019 | S$1,760 psf | S$1.85M | 3 | +2.7% |
| 2017 | S$1,713 psf | S$1.09M | 3 | +11.0% |
| 2016 | S$1,543 psf | S$980k | 2 | -10.5% |
| 2015 | S$1,724 psf | S$1.80M | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around The Mercury?
8,469 CEA-registered agents closed at least one recorded deal in District 10 — where The Mercury sits — in the last 12 months, across all property types.
Active agents · 12mo
8,469
District 10 · closed ≥1 deal
Deals on record
67,594
all-time · all property types
Source: CEA public transaction records, attributed to District 10across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at The Mercury?
The Mercury has 3 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 1 | S$1.50M–S$1.50M | — |
| 2-bedroom | 2 | S$1.47M–S$1.49M | — |
Where is The Mercury and what's nearby?
The Mercury is located in Tanglin, in the Central Region of Singapore.
The Mercury is a freehold apartment completed in 2012. It was developed by FORTUNE SHANGHAI ROAD PTE LTD. The development has 67 residential units. It sits on a land area of 2,194 sqm and has a gross floor area of 4,608 sqm. The plot ratio is 2.1.
THE MERCURY is located at 38 Shanghai Road, Singapore 248201. It is part of District 10, Ardmore / Bukit Timah / Holland Road / Tanglin, Tanglin. The project falls within the Central Region and the CCR market segment.
The nearest rail connection is Great World MRT, approximately 767m away, around 12 minutes on foot. Nearby amenities include Valley Point for shopping, NTUC Fairprice Co-operative Ltd for groceries, Zion Riverside Food Centre for food options, and Ganges Ave Os for greenery and recreation. Facilities in the development include Barbeque Area, Gymnasium room, Jacuzzi, and Swimming pool.
Who built The Mercury and how big is the development?
The Mercury was developed by FORTUNE SHANGHAI ROAD PTE LTD, designed by RONNY CHIN ARCHITECTS PTE LTD, with 67 units over up to 18 storeys.
- Developer
- FORTUNE SHANGHAI ROAD PTE LTD
- Architect
- RONNY CHIN ARCHITECTS PTE LTD
- Main contractor
- INTERPRO CONSTRUCTION PTE LTD
- Floors
- 18 storeys
- Blocks
- 1
- Land area
- 2,194 sqm (23,616 sqft)
- Gross floor area
- 4,608 sqm (49,600 sqft)
- Plot ratio
- 2.10
How far is The Mercury from MRT and schools?
The nearest MRT/LRT to The Mercury is Great World MRT, about 767 m away (~12 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Great World MRT767 m · ~12 min
- Orchard Boulevard MRT787 m · ~12 min
- Orchard MRT787 m · ~12 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Alexandra Primary SchoolPrimary schoolwithin 1 km · P1 priority620 m
- Gan Eng Seng SchoolSecondary schoolwithin 1 km879 m
- River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority983 m
- Crescent Girls' SchoolSecondary school1.1 km
- Zhangde Primary SchoolPrimary school1.3 km
- Queenstown Secondary SchoolSecondary school1.6 km
- Gan Eng Seng Primary SchoolPrimary school1.7 km
- Bukit Merah Secondary SchoolSecondary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Mercury have?
The Mercury has 4 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Swimming pool.
What does it cost to own a unit at The Mercury?
Buying a unit at The Mercury (~S$1.32M) needs about S$9,663/mo in income and S$4,446/mo in repayments, after S$37,400 stamp duty and a S$330k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.32M) 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$37,400
BSD, tiered
Downpayment (25%)
S$330k
cash + CPF
Monthly instalment
S$4,446/mo
30y @ 3.5%
Income required
S$9,663/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 →
Thinking about The Mercury? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from The Mercury's own transactions.
PropKakiRecent units at The Mercury sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Mercury
How much does a unit at The Mercury cost?⌄
Units at The Mercury have recently transacted around S$1.32M (S$2,039 psf), from 132 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 Mercury?⌄
For a unit around S$1.32M as a first home, you'd need roughly S$9,663/mo in income (assessed at the stress-test rate), with repayments near S$4,446/mo after a S$330k (25%) downpayment and S$37,400 Buyer's Stamp Duty.
Is The Mercury a good investment?⌄
Gross rental yield is about 3.4%; median PSF has risen about 25% since 2015. 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 Mercury going up?⌄
The median transacted PSF at The Mercury has risen about 25% between 2015 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is The Mercury freehold or leasehold?⌄
The Mercury is freehold — ownership does not expire.
When was The Mercury built and who developed it?⌄
The Mercury obtained TOP in 2012, developed by FORTUNE SHANGHAI ROAD PTE LTD, with 67 units across 1 block.
How many units are for sale at The Mercury?⌄
There are 3 units for sale at The Mercury, from S$1.47M to S$1.50M.
What is the nearest MRT to The Mercury?⌄
The nearest MRT/LRT station to The Mercury is Great World MRT, about 767 m away (~12 min walk).
Which primary schools are within 1 km of The Mercury?⌄
Alexandra Primary School, River Valley Primary School are within 1 km of The Mercury — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.