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Blk 103B Depot Road

103B Depot Road comprises 4 room and 5 room HDB blocks and is located in Bukit Merah. It was completed in year 1999 and the lease commenced in 2002. The remaining lease period with HDB is therefore approximately 84 years 02 months.

The highest floor for this block is 20. The unit floor size are 100, 115 and 116sqm, based on past transactions data. The latest resale transaction was in Aug 2022 and the highest transacted price was recorded in Nov 2021 for a 5 room unit at $828,000.

In terms of accessibility to schools, there are several primary schools located within 1km of block 103B, including Gan Eng Seng Primary School and Blangah Rise Primary School.

For secondary education, the nearby schools include Bukit Merah Secondary School.

There are also 2 bus stops easily accessible from this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $655,000 $667,500 $680,000 2
5 room $740,000 $784,000 $828,000 2

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $2,400 $3,533 $4,200 3
5 room $2,500 $2,500 $2,500 1

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 103B Depot Road.

  • 4 room sales : Stable or no visible trend
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending down
  • 5 room price : Stable or no visible trend
Average resale price trend

Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Depot Heights. We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 16 blocks within this HDB project/estate. Block 103B has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

3 room
Block Avg $ Min $ Max $ Units sold
105A $579,363 $500,000 $661,888 19
110A $620,200 $555,000 $698,000 10
4 room
Block Avg $ Min $ Max $ Units sold
103A $598,200 $545,000 $700,000 5
103B $667,500 $655,000 $680,000 2
104A $633,750 $580,000 $680,000 4
104B $623,333 $560,000 $670,000 3
105A $777,041 $690,000 $833,000 19
106A $682,400 $620,000 $770,000 5
109A $674,000 $658,000 $695,000 4
109B $650,000 $650,000 $650,000 1
110A $762,132 $655,000 $818,888 15
111A $770,000 $770,000 $770,000 1
111B $760,500 $748,000 $773,000 2
112A $615,000 $615,000 $615,000 1
112B $616,667 $588,000 $662,000 3
5 room
Block Avg $ Min $ Max $ Units sold
103B $784,000 $740,000 $828,000 2
104A $805,000 $805,000 $805,000 1
104B $723,250 $620,000 $808,000 4
106A $790,000 $790,000 $790,000 1
106B $763,500 $702,000 $854,000 4
109A $740,888 $740,888 $740,888 1
109B $830,500 $750,000 $911,000 2
111A $806,500 $700,000 $900,000 5
111B $819,600 $768,000 $870,000 5
112A $744,000 $744,000 $744,000 1
112B $780,472 $730,000 $855,000 4
113 $595,000 $515,000 $680,000 5
114 $639,750 $570,000 $780,000 8

There were a total of 4 resale transactions in the last 3 years for units in block 103B Depot Road, with the latest one recorded in Aug 2022.

114
Date Resale PSM Type Location Floor Fl. Area Model Built
Aug 2022 $655,000 $6,550 4 Room Blk 103B Depot Road 4 Room / 100 sqm 13 to 15 100 sqm Model A 2002
Jun 2022 $680,000 $6,800 4 Room Blk 103B Depot Road 4 Room / 100 sqm 04 to 06 100 sqm Model A 2002
Nov 2021 $740,000 $6,435 5 Room Blk 103B Depot Road 5 Room / 115 sqm 19 to 21 115 sqm Improved 2002
Nov 2021 $828,000 $7,138 5 Room Blk 103B Depot Road 5 Room / 116 sqm 19 to 21 116 sqm Improved 2002

Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 103B Depot Road.

  • 4 room rental : Stable trend
  • 5 room rental : Stable trend
Rental transactions trend
  • 4 room rental price : Trending up
  • 5 room rental price : Stable trend
Average rental price trend

Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Depot Heights. We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 16 blocks within this HDB project/estate. Block 103B has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

3 room
Block Avg $ Min $ Max $ Units rented
105A $3,433 $3,300 $3,500 3
110A $3,650 $3,650 $3,650 1
4 room
Block Avg $ Min $ Max $ Units rented
103A $2,996 $2,500 $3,800 13
103B $3,533 $2,400 $4,200 3
104A $3,219 $2,450 $4,200 8
104B $2,936 $2,000 $4,100 7
105A $4,450 $4,000 $4,900 2
106A $2,425 $1,600 $3,500 8
106B $3,075 $2,600 $3,600 4
109A $2,200 $2,200 $2,200 2
109B $3,561 $2,450 $4,500 9
110A $4,433 $2,800 $6,000 3
111A $3,560 $2,800 $4,500 5
111B $3,192 $2,400 $3,800 6
112A $3,500 $2,600 $4,500 3
112B $2,433 $2,300 $2,600 3
5 room
Block Avg $ Min $ Max $ Units rented
103B $2,500 $2,500 $2,500 1
104A $4,300 $4,000 $4,600 2
104B $4,300 $2,600 $6,000 2
106A $3,800 $2,700 $4,500 5
106B $3,500 $3,500 $3,500 1
109A $3,311 $2,500 $4,500 14
109B $3,208 $2,650 $4,000 6
111A $3,900 $2,800 $4,700 5
111B $3,425 $2,200 $4,600 8
112A $3,075 $2,600 $4,200 8
112B $3,688 $2,700 $5,200 8
113 $3,433 $2,500 $5,200 9
114 $3,389 $2,300 $4,500 19

There were a total of 4 rental transactions in the last 3 years for units in block 103B Depot Road. The latest recorded one was in Aug 2023.

114
Date Rental Flat Type Location Town
Aug 2023 $4,000 4 Room Blk 103B Depot Road 4 Room Bukit Merah
Oct 2022 $4,200 4 Room Blk 103B Depot Road 4 Room Bukit Merah
Nov 2021 $2,400 4 Room Blk 103B Depot Road 4 Room Bukit Merah
Jun 2021 $2,500 5 Room Blk 103B Depot Road 5 Room Bukit Merah
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103B Depot Road

Block : 103B
Street : Depot Road
Building : Depot Heights
Postal code : 102103
Town : Bukit Merah
Recorded transactions floor area : 100 sqm, 115 sqm, 116 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Improved, Model A
Lease commencement : 2002
Year completed : 1999
Max. Floor : 20
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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