PropHerald

THE MERCURY

SHANGHAI ROAD

Private development

At a glance

Tenure

Freehold

Median psf (12 mo)

S$2,218

Plot ratio

2.1 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP20032.1RESIDENTIAL
MP20082.1RESIDENTIAL
MP20142.1RESIDENTIAL
MP20192.1RESIDENTIAL
MP20252.1RESIDENTIAL

Location

Blocks in this development

38 Shanghai Road

Transactions

2 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Aug 2025Apartment06-10 59S$1,370,000 2157Resale
May 2025Apartment06-10 97S$2,380,000 2279Resale
May 2024Apartment06-10 59S$1,295,000 2039Resale
Mar 2024Apartment11-15 59S$1,320,000 2079Resale
Aug 2023Apartment01-05 59S$1,300,000 2047Resale
Jun 2023Apartment11-15 97S$2,188,888 2096Resale
Jul 2022Apartment01-05 59S$1,270,000 2000Resale
Jun 2022Apartment06-10 97S$1,980,000 1896Resale
Mar 2022Apartment11-15 59S$1,285,000 2023Resale
Feb 2022Apartment16-20 59S$1,340,000 2110Resale
Oct 2021Apartment11-15 97S$2,042,000 1956Resale

Price trend

S$1,900S$2,100S$2,300202120232025— median— average S$ psf2021 · S$1,956 average psf · 1 sales2022 · S$2,007 average psf · 4 sales2023 · S$2,072 average psf · 2 sales2024 · S$2,059 average psf · 2 sales2025 · S$2,218 average psf · 2 sales2021 · S$1,956 median psf · 1 sales2022 · S$2,012 median psf · 4 sales2023 · S$2,072 median psf · 2 sales2024 · S$2,059 median psf · 2 sales2025 · S$2,218 median psf · 2 salesS$2,218

This project trades ≈ 15% below the District 10 12-month median (S$ psf).

Median S$ psf is up ≈ 8% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment2 S$1,875,0002218

Median price by year

YearSalesMedian price
20252S$1,875,000
20242S$1,307,500
20232S$1,744,444
20224S$1,312,500
20211S$2,042,000