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Bukit Merah HDB Price Trends

Bukit Merah is a vibrant and matured estate located in the central part of Singapore. The estate is known for its diverse housing options, ranging from public housing to private condominiums, as well as its abundance of amenities and interesting places.

Bukit Merah is home to several public housing estates, including Bukit Merah View, Telok Blangah, and Tiong Bahru. These estates offer a range of flat types, from studio apartments to 5-room flats, and are popular among Singaporeans looking for affordable and convenient housing options.

One notable feature of these estates is the presence of several community facilities, such as hawker centres, wet markets, and community clubs, which provide residents with a range of services and activities. Bukit Merah is also home to several parks and green spaces, including Mount Faber Park, Labrador Nature Reserve, and Tiong Bahru Park, which offer a variety of recreational facilities.

In addition to public housing, Bukit Merah also has several private housing developments, such as Reflections at Keppel Bay and The Interlace. These developments offer a range of high-end facilities, such as swimming pools, tennis courts, and gyms, as well as close proximity to amenities such as shopping malls and schools.

Several amenities and attractions are also very close by Bukit Merah. These include:

  1. Tiong Bahru Estate: a historic and trendy neighbourhood that features a mix of Art Deco and modern architecture, as well as a range of trendy cafes, restaurants, and shops.
  2. Haw Par Villa: a unique theme park that showcases Chinese mythology and folklore through a range of statues and exhibits.
  3. Keppel Club: a recreational club that offers a range of facilities, including a golf course, swimming pool, and tennis courts.
  4. VivoCity: a large shopping mall that offers a range of retail, dining, and entertainment options, as well as a rooftop sky park and amphitheater.
  5. Singapore General Hospital: a leading healthcare institution that offers a range of medical services and specialties.

Bukit Merah is a vibrant and dynamic estate that offers a range of housing options, amenities, and attractions. From public housing to luxurious private developments, there is something for everyone in this bustling neighbourhood. Whether you're a resident or a visitor, Bukit Merah has plenty to offer in terms of convenience, comfort, and entertainment.

Bukit Merah comprises 1 room, 2 room, 3 room, 4 room and 5 room HDB units. Shown below are the transactions volume trend summary and graph, broken down by month.

Bukit Merah resale transactions trend

Resale volume summary

Type Trend
1 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
2 Room
3 Room
4 Room
5 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

In the last 3 years, the average monthly transacted resale price trend for 1 room, 2 room, 3 room, 4 room and 5 room units in Bukit Merah has been summarised as shown below.

Average resale price trend for Bukit Merah

Resale price summary

Type Trend
1 Room
2 Room
3 Room
4 Room
5 Room

Displayed in the figure below are the low-high transacted price ranges for each of the flat types in Bukit Merah. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average price is calculated based on all the transaction records collated for each flat type for Bukit Merah, for the selected period (last 3 years).

High / low / average resale price range for Bukit Merah
High / low / average price summary
Type Max $ Avg $ Min $
1 room $300,000 $244,067 $202,000
2 room $585,000 $322,368 $230,000
3 room $860,000 $480,412 $230,000
4 room $1,500,000 $799,123 $383,000
5 room $1,588,000 $928,457 $518,000

Here, we broke down the transacted prices (low, average and high) and the units sold over the last 3 years, and grouped by flat type and age of the properties for a comparison.

1 room
Avg $ Min $ Max $ Units sold Age
$244,067 $202,000 $300,000 28 51 to 55
2 room
Avg $ Min $ Max $ Units sold Age
$504,000 $470,000 $540,000 4 5 to 10
$484,667 $420,000 $523,000 9 11 to 15
$289,750 $230,000 $330,000 24 46 to 50
$308,593 $240,000 $585,000 27 51 to 55
$281,071 $230,000 $325,000 25 56 to 60
3 room
Avg $ Min $ Max $ Units sold Age
$685,655 $500,000 $860,000 175 5 to 10
$686,038 $525,000 $850,000 65 11 to 15
$655,154 $535,000 $738,000 40 16 to 20
$639,600 $590,000 $695,000 10 21 to 25
$416,111 $348,000 $482,000 9 36 to 40
$412,595 $305,000 $570,000 126 41 to 45
$402,299 $280,000 $650,000 227 46 to 50
$431,764 $286,000 $850,000 297 51 to 55
$331,214 $230,000 $480,000 111 56 to 60
4 room
Avg $ Min $ Max $ Units sold Age
$905,831 $655,000 $1,320,000 358 5 to 10
$930,734 $710,000 $1,168,000 118 11 to 15
$847,376 $600,000 $1,000,000 94 16 to 20
$833,994 $550,000 $1,030,000 300 21 to 25
$720,832 $560,000 $880,000 59 26 to 30
$822,778 $715,000 $890,000 9 31 to 35
$591,421 $480,000 $670,000 23 36 to 40
$624,622 $450,000 $770,000 71 41 to 45
$531,301 $383,000 $690,000 112 46 to 50
$531,714 $405,000 $1,500,000 35 51 to 55
$459,957 $415,000 $535,000 23 56 to 60
5 room
Avg $ Min $ Max $ Units sold Age
$1,376,282 $1,155,000 $1,588,000 28 5 to 10
$1,197,080 $1,038,000 $1,580,000 16 11 to 15
$897,676 $700,000 $1,148,000 35 16 to 20
$979,732 $733,000 $1,333,000 193 21 to 25
$901,952 $702,000 $1,303,000 68 26 to 30
$1,053,241 $912,000 $1,260,000 12 31 to 35
$692,979 $605,000 $815,000 15 36 to 40
$945,061 $675,000 $1,180,000 55 41 to 45
$770,575 $518,000 $920,000 136 46 to 50
$868,466 $660,000 $1,013,888 21 51 to 55

Here's a view of the transactional data collated. For Bukit Merah, there were a total of 2958 HDB resale transactions in the last 3 years, with the latest one recorded in Jan 2025.

1992958
Date Resale PSM Type Location Floor Fl. Area Model Built
Jan 2025 $995,000 $8,728 5 Room Blk 87 Zion Road 5 Room / 114 sqm 19 to 21 114 sqm Improved 1974
Jan 2025 $850,000 $7,025 5 Room Blk 72 Telok Blangah Hts 5 Room / 121 sqm 16 to 18 121 sqm Standard 1978
Jan 2025 $858,000 $7,333 5 Room Blk 72 Telok Blangah Hts 5 Room / 117 sqm 16 to 18 117 sqm Standard 1978
Jan 2025 $810,000 $6,750 5 Room Blk 14A Telok Blangah Crescent 5 Room / 120 sqm 01 to 03 120 sqm Improved 1999
Jan 2025 $1,058,000 $9,200 5 Room Blk 120A Kim Tian Place 5 Room / 115 sqm 07 to 09 115 sqm Improved 2001
Jan 2025 $690,000 $5,897 5 Room Blk 113 Depot Road 5 Room / 117 sqm 01 to 03 117 sqm Standard 1976
Jan 2025 $1,100,000 $7,006 5 Room Blk 115 Bukit Purmei Road 5 Room / 157 sqm 04 to 06 157 sqm Model A 1985
Jan 2025 $688,000 $5,880 5 Room Blk 116 Bukit Merah Central 5 Room / 117 sqm 07 to 09 117 sqm Improved 1977
Jan 2025 $1,333,000 $11,591 5 Room Blk 4A Boon Tiong Road 5 Room / 115 sqm 28 to 30 115 sqm Improved 2005
Jan 2025 $988,000 $10,624 4 Room Blk 90A Telok Blangah Street 31 4 Room / 93 sqm 19 to 21 93 sqm Model A 2018
Jan 2025 $915,000 $9,839 4 Room Blk 70C Telok Blangah Hts 4 Room / 93 sqm 10 to 12 93 sqm Model A 2017
Jan 2025 $980,000 $10,538 4 Room Blk 70B Telok Blangah Hts 4 Room / 93 sqm 22 to 24 93 sqm Model A 2017
Jan 2025 $618,000 $6,717 4 Room Blk 51 Telok Blangah Drive 4 Room / 92 sqm 04 to 06 92 sqm New Generation 1978
Jan 2025 $990,000 $10,645 4 Room Blk 126C Kim Tian Road 4 Room / 93 sqm 13 to 15 93 sqm Model A 2013
Jan 2025 $770,000 $8,556 4 Room Blk 118D Jalan Membina 4 Room / 90 sqm 10 to 12 90 sqm Model A 2003
Jan 2025 $988,000 $10,978 4 Room Blk 22 Jalan Membina 4 Room / 90 sqm 22 to 24 90 sqm Model A 2003
Jan 2025 $690,000 $6,635 4 Room Blk 109 Jalan Bukit Merah 4 Room / 104 sqm 07 to 09 104 sqm Model A 1984
Jan 2025 $930,000 $10,449 4 Room Blk 54 Havelock Road 4 Room / 89 sqm 07 to 09 89 sqm Model A 2013
Jan 2025 $1,085,000 $11,543 4 Room Blk 58 Havelock Road 4 Room / 94 sqm 25 to 27 94 sqm Model A 2013
Jan 2025 $1,085,000 $12,191 4 Room Blk 54 Havelock Road 4 Room / 89 sqm 25 to 27 89 sqm Model A 2013
Jan 2025 $742,000 $7,420 4 Room Blk 103A Depot Road 4 Room / 100 sqm 01 to 03 100 sqm Model A 2002
Jan 2025 $775,000 $7,750 4 Room Blk 112A Depot Road 4 Room / 100 sqm 10 to 12 100 sqm Model A 2006
Jan 2025 $770,000 $8,462 4 Room Blk 3 Delta Avenue 4 Room / 91 sqm 04 to 06 91 sqm New Generation 1985
Jan 2025 $835,000 $11,133 4 Room Blk 13 Cantonment Close 4 Room / 75 sqm 01 to 03 75 sqm Model A 2003
Jan 2025 $915,000 $10,167 4 Room Blk 11 Cantonment Close 4 Room / 90 sqm 04 to 06 90 sqm Model A 2002
Jan 2025 $698,000 $6,777 4 Room Blk 115 Bukit Purmei Road 4 Room / 103 sqm 04 to 06 103 sqm Model A 1985
Jan 2025 $660,000 $6,346 4 Room Blk 104 Bukit Purmei Road 4 Room / 104 sqm 04 to 06 104 sqm Model A 1984
Jan 2025 $888,000 $9,867 4 Room Blk 2A Boon Tiong Road 4 Room / 90 sqm 01 to 03 90 sqm Model A 2001
Jan 2025 $1,250,000 $13,587 4 Room Blk 9A Boon Tiong Road 4 Room / 92 sqm 31 to 33 92 sqm Model A 2016
Jan 2025 $930,000 $9,300 4 Room Blk 6B Boon Tiong Road 4 Room / 100 sqm 01 to 03 100 sqm Model A 2005

The chart for the rental transactions trend is shown below, with the overall trend summarised.

Rental transactions trend for Bukit Merah

Rental volume summary

Type Trend
1 room
2 room
3 room
4 room
5 room
Executive

We show in this graph the average monthly rental price trend for each of the 1 room, 2 room, 3 room, 4 room and 5 room units in Bukit Merah, for the last 3 years.

Average rental price trend for Bukit Merah

Rental price summary

Type Trend
1 room
2 room
3 room
4 room
5 room
Executive

Displayed below are the low-high rental price ranges for each of the flat types in Bukit Merah. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average rental price is calculated based on all the rental transaction records collated for each flat type for the selected period (last 3 years).

High / low / average rental price range for Bukit Merah
High / low / average rental summary
Type Max $ Avg $ Min $
1 room $2,100 $1,566 $800
2 room $4,000 $2,160 $500
3 room $6,300 $2,755 $700
4 room $6,200 $3,534 $750
5 room $6,200 $3,856 $600
Executive $2,700 $2,700 $2,700

Below are the transactional data collated for Bukit Merah. There were a total of 2958 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Dec 2024.

11925731
Date Rental Flat Type Location Town
Dec 2024 $3,000 3 Room Blk 28 Telok Blangah Rise 3 Room Bukit Merah
Dec 2024 $4,200 5 Room Blk 74A Redhill Road 5 Room Bukit Merah
Dec 2024 $3,100 4 Room Blk 23 Telok Blangah Crescent 4 Room Bukit Merah
Dec 2024 $3,200 3 Room Blk 28 Jalan Klinik 3 Room Bukit Merah
Dec 2024 $3,500 3 Room Blk 34 Jalan Bukit Ho Swee 3 Room Bukit Merah
Dec 2024 $3,700 3 Room Blk 90A Telok Blangah Street 31 3 Room Bukit Merah
Dec 2024 $3,600 4 Room Blk 27 Telok Blangah Way 4 Room Bukit Merah
Dec 2024 $3,500 4 Room Blk 58 Telok Blangah Hts 4 Room Bukit Merah
Dec 2024 $4,300 4 Room Blk 75A Redhill Road 4 Room Bukit Merah
Dec 2024 $4,000 4 Room Blk 17 Telok Blangah Crescent 4 Room Bukit Merah
Dec 2024 $4,100 4 Room Blk 16 Cantonment Close 4 Room Bukit Merah
Dec 2024 $3,150 4 Room Blk 40 Telok Blangah Rise 4 Room Bukit Merah
Dec 2024 $4,500 3 Room Blk 21 Lim Liak Street 3 Room Bukit Merah
Dec 2024 $4,500 3 Room Blk 27 Lim Liak Street 3 Room Bukit Merah
Dec 2024 $3,500 4 Room Blk 109 Jalan Bukit Merah 4 Room Bukit Merah
Dec 2024 $4,200 5 Room Blk 20 Jalan Membina 5 Room Bukit Merah
Dec 2024 $4,200 4 Room Blk 26D Jalan Membina 4 Room Bukit Merah
Dec 2024 $3,200 3 Room Blk 75 Telok Blangah Drive 3 Room Bukit Merah
Dec 2024 $3,300 3 Room Blk 21 Telok Blangah Crescent 3 Room Bukit Merah
Dec 2024 $3,800 4 Room Blk 17A Telok Blangah Crescent 4 Room Bukit Merah
Dec 2024 $3,300 3 Room Blk 129 Bukit Merah View 3 Room Bukit Merah
Dec 2024 $2,250 3 Room Blk 13 Telok Blangah Crescent 3 Room Bukit Merah
Dec 2024 $3,500 4 Room Blk 23 Telok Blangah Crescent 4 Room Bukit Merah
Dec 2024 $3,700 3 Room Blk 57 Havelock Road 3 Room Bukit Merah
Dec 2024 $3,100 3 Room Blk 40 Beo Crescent 3 Room Bukit Merah
Dec 2024 $2,900 3 Room Blk 31 Telok Blangah Rise 3 Room Bukit Merah
Dec 2024 $2,700 3 Room Blk 55 Telok Blangah Drive 3 Room Bukit Merah
Dec 2024 $3,000 3 Room Blk 31 Telok Blangah Rise 3 Room Bukit Merah
Dec 2024 $3,600 4 Room Blk 19 Cantonment Close 4 Room Bukit Merah
Dec 2024 $3,800 4 Room Blk 8 Cantonment Close 4 Room Bukit Merah
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