FreeholdRCRDistrict 8 (Kallang)

The Mergui

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 2007 (URA)
Quick Summary

The Mergui is a freehold apartment in District 8 (Kallang) that obtained TOP in 1988. Across 10 transactions on record, units have recently transacted around S$640k (S$538 psf, ~1,292 sqft).

Key facts about The Mergui
TenureFreehold
TOP year1988
District and areaDistrict 8 · Kallang · RCR
Nearest MRTFarrer Park MRT, 707 m (~11 min walk)
Latest median psfS$538 psf, last 10 URA caveats to Nov 2007
1

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

Key Takeaway

No units at The Mergui are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

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

Key Takeaway

Floor plans for The Mergui aren't in PropKaki's library yet. Across 10 URA caveats, units range from 829 sqft to 22,411 sqft, and the middle half are 1,292 sqft to 1,302 sqft.

3

What is the price and PSF at The Mergui?

Key Takeaway

Units have recently transacted around S$640k (S$538 psf) (URA caveat data).

Recent median price

S$640k

recent · 10 sales on record

Median PSF

S$538 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Source: URA caveat data, through Nov 2007.

4

What has recently sold at The Mergui?

Key Takeaway

The Mergui has 10 recorded sales; the most recent transacted at S$22,716,599 in Nov 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2007S$22,716,59922,411S$1,014 psf
Sept 2006S$420,0001,302S$322 psf
Nov 1999S$500,000829S$603 psf
Jun 1999S$595,0001,302S$457 psf
May 1999S$640,0001,302S$491 psf
Jun 1997S$795,0001,292S$615 psf
Jun 1997S$740,0001,292S$573 psf
Sept 1995S$568,000829S$685 psf
Jul 1995S$695,0001,292S$538 psf
Jun 1995S$670,0001,302S$514 psf

10 sales and 0 rentals on record since Jun 1995. Source: URA.

5

Are prices at The Mergui rising?

Key Takeaway

The median transacted PSF at The Mergui has fallen 9% over the past 4 years (19951999), from S$538 psf to S$491 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
1999S$491 psfS$595k3-14.3%
1997S$573 psfS$740k2+6.5%
1995S$538 psfS$670k3

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

6

Is The Mergui a good investment?

Key Takeaway

The Mergui has no resales on record yet, so it has no track record of its own. Across District 8, 90% of 4,242 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

District 8 sold for more

90%

of 4,242 private resales

Median gain

30%

gross, before costs

Median hold

5.1 years

bought to resold

The Mergui has fewer than 10 matched resales, so the figures are for District 8 as a whole. Check the odds for your unit size and holding period →

7

Where is The Mergui and what's nearby?

Key Takeaway

The Mergui is located in Kallang, in the Central Region of Singapore.

The Mergui is a freehold apartment completed in 1988.

THE MERGUI is located at 239 Rangoon Road, Singapore 218468. It is part of District 08, Little India, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Farrer Park MRT, approximately 706m away, around 11 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Pek Kio Market & Food Centre for food options, and Pek Kio Park for greenery and recreation. Facilities in the development include Basement car park, 24 hours security, and Squash court.

8

How far is The Mergui from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Mergui is Farrer Park MRT, about 707 m away (~11 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Northlight SchoolSecondary schoolwithin 1 km466 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority636 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority679 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority779 m
  • Bendemeer Secondary SchoolSecondary school1.3 km
  • Anglo-Chinese School (Junior)Primary school1.5 km
  • Bendemeer Primary SchoolPrimary school1.6 km
  • St. Margaret's School (Primary)Primary school1.7 km

Shops, food & parks

Mall: Square 2 · 891 mSupermarket: NTUC Fairprice Co-operative Ltd · 388 mHawker centre: Pek Kio Market & Food Centre · 266 mPark: Pek Kio Park · 317 m

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

9

What facilities does The Mergui have?

Key Takeaway

The Mergui has 3 facilities, including Basement car park, 24 hours security, Squash court.

Basement car park24 hours securitySquash court
10

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

Key Takeaway

Buying a unit at The Mergui (~S$640k) needs about S$4,685/mo in income and S$2,155/mo in repayments, after S$13,800 stamp duty and a S$160k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$640k) 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$13,800

BSD, tiered

Downpayment (25%)

S$160k

cash + CPF

Monthly instalment

S$2,155/mo

30y @ 3.5%

Income required

S$4,685/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around The Mergui?

Key Takeaway

3,678 CEA-registered agents closed at least one recorded deal in District 8 — where The Mergui sits — in the last 12 months, across all property types.

Active agents · 12mo

3,678

District 8 · closed ≥1 deal

Deals on record

13,194

all-time · all property types

Source: CEA public transaction records, attributed to District 8 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 Mergui? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about The Mergui

Is The Mergui freehold?

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

How old is The Mergui?

The Mergui was completed (obtained TOP) in 1988, so it is about 38 years old.

Is The Mergui a good investment?

The Mergui has no resales on record yet, so it has no track record of its own. Across District 8, 90% of 4,242 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

Is The Mergui an EC?

No. The Mergui is a private apartment development, not an executive condominium (EC).

What is the price of a condo at The Mergui?

Units at The Mergui have recently sold for around S$640k (S$538 psf), the median of the last 10 URA caveats to Nov 2007. The price depends on size, floor and facing.

Where is The Mergui located?

The Mergui is at 239 Rangoon Road, Singapore 218468, in Kallang (District 8). The nearest MRT station is Farrer Park MRT, about 707 m away.

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

For a unit around S$640k as a first home, you'd need roughly S$4,685/mo in income (assessed at the stress-test rate), with repayments near S$2,155/mo after a S$160k (25%) downpayment and S$13,800 Buyer's Stamp Duty.

Are prices at The Mergui going up?

The median price per square foot at The Mergui has fallen about 9% between 1995 and 1999, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Mergui?

Farrer Park Primary School, St. Joseph's Institution Junior, Hong Wen School are within 1 km of The Mergui. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.