Blk 124 Bukit Merah Lane 1
About 124 Bt Merah Lane 1
124 Bukit Merah Lane 1 comprises 3 room HDB blocks and is located in Bukit Merah. It was completed in year 1978 and the lease commenced in 1979. The remaining lease period with HDB is therefore approximately 57 years.
The highest floor for this block is 4. The unit floor size are 67 and 80sqm, based on past transactions data. The latest resale transaction was in Sep 2023 and the highest transacted price was recorded in Apr 2022 for a 3 room unit at $400,000.
There are also 3 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $380,000 | $388,000 | $400,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $2,100 | $2,600 | $3,200 | 5 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 3 room units at 124 Bukit Merah Lane 1.
- 3 room sales : Stable or no visible trend
- 3 room price : Trending down
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 124 Bukit Merah Lane 1, with the latest one recorded in Sep 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Sep 2023 | $380,000 | $5,672 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1979 |
| Apr 2022 | $400,000 | $5,000 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room / 80 sqm | 01 to 03 | 80 sqm | New Generation | 1979 |
| Dec 2021 | $384,000 | $5,731 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1979 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room units at 124 Bukit Merah Lane 1.
- 3 room rental : Stable trend
- 3 room rental price : Trending up
Rental transaction details and prices
There were a total of 5 rental transactions in the last 3 years for units in block 124 Bukit Merah Lane 1. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $2,800 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room | Bukit Merah |
| Feb 2024 | $3,200 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room | Bukit Merah |
| Apr 2023 | $2,800 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room | Bukit Merah |
| Apr 2022 | $2,100 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room | Bukit Merah |
| Feb 2022 | $2,100 | 3 Room | Blk 124 Bukit Merah Lane 1 3 Room | Bukit Merah |
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Property information for 124 Bukit Merah Lane 1
| Block | : | 124 |
| Street | : | Bukit Merah Lane 1 |
| Building | : | |
| Postal code | : | 150124 |
| Town | : | Bukit Merah |
| Recorded transactions floor area | : | 67 sqm, 80 sqm |
| Recorded transactions flat types | : | 3 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1979 |
| Year completed | : | 1978 |
| Max. Floor | : | 4 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |