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Singapore Property News, Insights and Analysis

Completed 1993

The Sovereign

D15 · East Coast / Marine Parade · 99 Meyer Road

An 87-unit freehold condo in D15, completed in 1993. Developed by Thakral Land Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
$2,579
Avg $psf, 12 months
1
Sales, 12 months
1993
Completed

What brings you to The Sovereign?

Buying here? Get a second opinion. A 4-bedder here sold for $6.8M in the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

The Sovereign prices

Last 12 months
1
Sale
$2,579
Average $psf
$6.8M
Price
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
4-Bedroom8 sales$2,475 psf$6.15M – $8.6M2,637–3,305 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

Average $psf by year
In 2025, sales here averaged $2,417 psf, 13% above the D15 average of $2,132 psf for private homes (condos, apartments and ECs).
This condoD15 average
Show as a table
YearThis condoD15 average
2026$2,579$2,176
2025$2,417$2,132
2024$2,518$2,320
2023$2,332$2,227
2021$2,214$1,695
2018$1,966$1,465
2017$1,687$1,458
2016$1,421$1,280
2015$1,672$1,298
2014$1,816$1,343
2013$1,951$1,350
2012$1,721$1,300
Sales by year
81 sales since 2007; the busiest year was 2010 with 16. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202611
202544
202433
202322
202200
202111
202000
201900
201833
201744
201633
201511
201411
201322
201255
201199
20101616
20091111
200833
20071212
Sales in the last two years
5 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
6 Apr 2026#10-XX2,637 sq ft · 4-Bedroom$6.8M$2,579 psfResale
28 Jul 2025#22-XX3,305 sq ft · 4-Bedroom$8.4M$2,542 psfResale
24 Jul 2025#16-XX2,637 sq ft · 4-Bedroom$6.5M$2,465 psfResale
14 Jul 2025#04-XX2,637 sq ft · 4-Bedroom$6.15M$2,332 psfResale
22 May 2025#05-XX3,305 sq ft · 4-Bedroom$7.7M$2,330 psfResale
Compared with nearby condos
Compared with D15 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

The Sovereign rent

Leases starting Sep 2025–Aug 2026
8
Leases
$11,000
Median rent a month

D15 median rent: $4,600 a month; est. gross yield 2.1%.

Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

The Sovereign floor plans by bedroom type

2 layouts, from a 2,637 sq ft 4-bedroom to a 3,305 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near The Sovereign

MRT stations
TE Tanjong Katong 660 m · 8 min walk
TE Katong Park 1.6 km · 19 min walk
TE Marine Parade 1.9 km · 23 min walk
CC Dakota 2.5 km · 30 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 2 km
Tanjong Katong Primary School 1.2 km · 19 min walk
Kong Hwa SchoolPopular 1.7 km · 34 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park East Coast Park 260 m · 3 min
Clinic East Coast Family Clinic 1.0 km · 12 min
Supermarket Angliss 1.5 km · 17 min
Hawker centre Blk 4A Jalan Batu Hawker Centre/Market 2.2 km · 26 min
Map of the area around The Sovereign, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around The Sovereign

Upcoming supply
Tanjong Rhu Close1.8 km · about 478 units · 1.23 ha Upcoming
Tanjong Rhu Road1.9 km · about 503 units · 1.22 ha Awarded · $15,662 psm GFA · Feb 2026
East Coast Road2.6 km · about 98 units · 0.55 ha Open for tender

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about The Sovereign

9 more articles mention The Sovereign.

Source: Stacked Homes editorial

08 — FAQ

Questions about The Sovereign

Is The Sovereign freehold?

Yes. The Sovereign is a freehold condo.

When was The Sovereign completed?

1993.

How many units does The Sovereign have?

87 units, up to 30 storeys.

What sizes are the 4-bedroom units?

2,637 to 3,305 sq ft across two layouts.

What is the price psf at The Sovereign?

1 sale in the last 12 months averaged $2,579 psf.

What did the latest sale go for?

A 2,637 sq ft unit sold for $6.8M ($2,579 psf) on 6 Apr 2026.

How much is the rent at The Sovereign?

Leases starting Sep 2025–Aug 2026 had a median rent of $11,000 a month.

What is the nearest MRT station?

Tanjong Katong (TE), an 8-minute walk (660 m). Katong Park (TE) is 1.6 km away.

Who developed The Sovereign?

Thakral Land Pte Ltd.

Answers generated from the data on this page, Nov 2026