FreeholdRCRDistrict 8 (Kallang)

The Mergui

Reviewed by Nathan TangUpdated 10 August 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).

1

What are the key facts about The Mergui?

Key Takeaway

The Mergui is a freehold apartment in District 8 (Kallang) that obtained TOP in 1988.

Tenure
Freehold
TOP / Completion
1988
Developer
Total units
Blocks
District / Area
District 8 (Kallang)
Market segment
RCR
Median PSF
S$538 psf
Last transacted
Nov 2007
Remaining lease
Freehold
2

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.

3

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.

4

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.

5

How many property agents are active around The Mergui?

Key Takeaway

3,676 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

3,676

District 8 · closed ≥1 deal

Deals on record

13,173

all-time · all property types

Source: CEA public transaction records, attributed to District 8across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

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.

7

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.

8

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
9

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

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 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…
10

Frequently asked questions about The Mergui

How much does a unit at The Mergui cost?

Units at The Mergui have recently transacted around S$640k (S$538 psf), from 10 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 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 transacted PSF at The Mergui has fallen about 9% between 1995 and 1999, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Mergui freehold or leasehold?

The Mergui is freehold — ownership does not expire.

When was The Mergui built and who developed it?

The Mergui obtained TOP in 1988.

What is the nearest MRT to The Mergui?

The nearest MRT/LRT station to The Mergui is Farrer Park MRT, about 707 m away (~11 min walk).

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 qualify for Primary 1 (P1) registration priority.

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