Can you provide information about Meragi Close

Meragi Terrace Overview

Meragi Terrace is a landed property enclave located in Tampines, Singapore, specifically within District 16. This area is part of a broader residential zone that includes both private landed homes and public housing estates, providing a mix of housing options for residents.

Accessibility and Location

The area enjoys proximity to several MRT stations, enhancing its connectivity:

- Nearest MRT Stations: Upper Changi (Downtown Line DT34) and Simei (East-West Line EW3) are the closest train stations, making it convenient for daily commutes.
- Bus Connectivity: There are approximately 18–19 bus stops within a 500-meter radius of Meragi Terrace, supporting ease of local transport.

Amenities

Residents have access to a range of amenities within walking distance:

- Shopping: Eastpoint Mall and Changi City Point offer retail, dining, and entertainment options.
- Groceries: FairPrice supermarkets are available nearby.
- Recreation: Residents benefit from parks, cycling paths, and outdoor spaces, with the Outdoor Play Corridor linking Bedok Reservoir to East Coast Park for active lifestyles.

Property Characteristics

Meragi Terrace primarily consists of landed homes, which may include terrace houses. The units tend to be spacious, with historical sales pointing to floor areas that can exceed 2,000 sqft for larger properties.

Price Insights

Based on recent EdgeProp Singapore data, landed properties in this area—such as Golden Shower Park, which is along Meragi Terrace—have seen sale prices ranging from mid to high S$1,000 per sqft in the last year, with higher prices for larger or more premium units. Rental yields in the vicinity are around 3.1%, making these properties attractive for both owner-occupiers and investor-landlords.

Neighborhood and Development

District 16, encompassing Bedok and Upper East Coast, is a modern neighborhood with a balance of residential comfort and economic activity. The region is home to major employers in aviation, manufacturing, and business parks, and benefits from government plans for further job creation in high-tech sectors. The area is also well-served by green spaces and is undergoing infrastructure enhancements, including new MRT lines for improved connectivity across Singapore.

Availability and Listings

For up-to-date information on available units, sale prices, and rental transactions for Meragi Terrace or nearby developments like Golden Shower Park, please refer to EdgeProp Singapore for comprehensive listings, detailed transaction histories, and full property reports.