PropKaki
FreeholdCCRDistrict 10 (Tanglin)

The Mercury

Reviewed by Nathan TangUpdated 20 June 2026Data through Aug 2025 (URA)
Quick Summary

The Mercury is a freehold apartment in District 10 (Tanglin) that obtained TOP in 2012, with 67 units across 1 block. Units have recently transacted around S$1.32M (S$2,039 psf), from 132 sales on record.

1

What are the key facts about The Mercury?

Key Takeaway

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
2

What is the price and PSF at The Mercury?

Key Takeaway

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$3,775

403 rentals on record

Gross rental yield

3.4%

indicative, gross

Source: URA caveat data, through Aug 2025.

3

What has recently sold at The Mercury?

Key Takeaway

The Mercury has 132 recorded sales; the most recent transacted at S$1,370,000 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2025S$1,370,000635S$2,157 psf
May 2025S$2,380,0001,044S$2,279 psf
May 2024S$1,295,000635S$2,039 psf
Mar 2024S$1,320,000635S$2,078 psf
Aug 2023S$1,300,000635S$2,047 psf
Jun 2023S$2,188,8881,044S$2,096 psf
Jul 2022S$1,270,000635S$2,000 psf
Jun 2022S$1,980,0001,044S$1,896 psf
Mar 2022S$1,285,000635S$2,023 psf
Feb 2022S$1,340,000635S$2,110 psf
Oct 2021S$2,042,0001,044S$1,956 psf
May 2021S$1,280,000635S$2,016 psf

132 sales and 403 rentals on record since Mar 2009. Source: URA.

4

Where is The Mercury and what's nearby?

Key Takeaway

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.

5

How far is The Mercury from MRT and schools?

Key Takeaway

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

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

Mall: Valley Point · 349 mSupermarket: NTUC Fairprice Co-operative Ltd · 349 mHawker centre: Zion Riverside Food Centre · 616 mPark: Ganges Ave Os · 788 m

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

6

What facilities does The Mercury have?

Key Takeaway

The Mercury has 4 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Swimming pool.

Barbeque AreaGymnasium roomJacuzziSwimming pool
7

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

Key Takeaway

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

8

Frequently asked questions about The Mercury

What is the price at The Mercury?

Units at The Mercury have recently transacted around S$1.32M (S$2,039 psf), from 132 sales on record (URA caveat data).

Is The Mercury freehold or leasehold?

The Mercury is freehold.

When was The Mercury built?

The Mercury obtained TOP in 2012, developed by FORTUNE SHANGHAI ROAD PTE LTD.

What is the rental yield at The Mercury?

Gross rental yield at The Mercury is about 3.4%, based on median current rents and prices.

How many units are in The Mercury?

The Mercury has 67 units across 1 block.

What facilities does The Mercury have?

The Mercury has 4 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Swimming pool.

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.

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