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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, 5 room and executive 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"/>
Executive

In the last 3 years, the average monthly transacted resale price trend for 1 room, 2 room, 3 room, 4 room, 5 room and executive 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
Executive

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 $242,457 $202,000
2 room $585,000 $319,503 $230,000
3 room $860,000 $474,043 $230,000
4 room $1,500,000 $790,194 $383,000
5 room $1,588,000 $921,134 $518,000
Executive $887,000 $887,000 $887,000

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
$242,457 $202,000 $300,000 26 46 to 50
2 room
Avg $ Min $ Max $ Units sold Age
$504,333 $470,000 $540,000 3 5 to 10
$484,667 $420,000 $523,000 9 11 to 15
$287,167 $230,000 $330,000 24 46 to 50
$298,318 $235,000 $585,000 37 51 to 55
$279,417 $230,000 $310,000 12 56 to 60
3 room
Avg $ Min $ Max $ Units sold Age
$679,986 $500,000 $860,000 171 5 to 10
$676,942 $525,000 $818,000 67 11 to 15
$648,028 $535,000 $738,000 38 16 to 20
$616,333 $498,000 $695,000 12 21 to 25
$390,600 $348,000 $425,000 5 31 to 35
$471,333 $405,000 $568,000 6 36 to 40
$426,525 $305,000 $650,000 157 41 to 45
$371,466 $275,000 $535,000 334 46 to 50
$453,911 $230,000 $800,888 207 51 to 55
$329,939 $255,000 $430,000 75 56 to 60
4 room
Avg $ Min $ Max $ Units sold Age
$899,652 $655,000 $1,320,000 361 5 to 10
$917,416 $710,000 $1,168,000 112 11 to 15
$859,297 $588,000 $1,030,000 182 16 to 20
$792,354 $545,000 $1,030,000 229 21 to 25
$739,318 $610,000 $890,000 60 26 to 30
$625,977 $480,000 $770,000 40 36 to 40
$588,160 $450,000 $738,000 48 41 to 45
$519,302 $383,000 $690,000 138 46 to 50
$507,912 $410,000 $1,500,000 34 51 to 55
$522,500 $510,000 $535,000 2 56 to 60
5 room
Avg $ Min $ Max $ Units sold Age
$1,378,737 $1,155,000 $1,588,000 27 5 to 10
$1,197,552 $1,038,000 $1,580,000 15 11 to 15
$977,306 $700,000 $1,313,000 82 16 to 20
$943,005 $700,000 $1,295,000 155 21 to 25
$938,978 $750,000 $1,303,000 74 26 to 30
$774,986 $605,000 $1,080,000 22 36 to 40
$905,505 $675,000 $1,150,000 54 41 to 45
$758,465 $518,000 $940,000 135 46 to 50
$939,444 $840,000 $1,013,888 11 51 to 55
Executive
Avg $ Min $ Max $ Units sold Age
$887,000 $887,000 $887,000 1 46 to 50

Here's a view of the transactional data collated. For Bukit Merah, there were a total of 2965 HDB resale transactions in the last 3 years, with the latest one recorded in Nov 2024.

1992965
Date Resale PSM Type Location Floor Fl. Area Model Built
Nov 2024 $840,000 $7,368 5 Room Blk 37 Telok Blangah Rise 5 Room / 114 sqm 19 to 21 114 sqm Standard 1976
Nov 2024 $1,080,000 $9,391 5 Room Blk 75A Redhill Road 5 Room / 115 sqm 04 to 06 115 sqm Improved 2005
Nov 2024 $910,000 $9,785 4 Room Blk 90A Telok Blangah Street 31 4 Room / 93 sqm 04 to 06 93 sqm Model A 2018
Nov 2024 $878,000 $9,441 4 Room Blk 90A Telok Blangah Street 31 4 Room / 93 sqm 01 to 03 93 sqm Model A 2018
Nov 2024 $968,000 $10,522 4 Room Blk 118A Jalan Membina 4 Room / 92 sqm 16 to 18 92 sqm Model A 2003
Nov 2024 $915,000 $10,765 4 Room Blk 118B Jalan Membina 4 Room / 85 sqm 10 to 12 85 sqm Model A 2003
Nov 2024 $830,000 $7,830 4 Room Blk 13 Jalan Bukit Merah 4 Room / 106 sqm 10 to 12 106 sqm Model A 1996
Nov 2024 $1,060,000 $11,398 4 Room Blk 96A Henderson Road 4 Room / 93 sqm 04 to 06 93 sqm Model A 2019
Nov 2024 $450,000 $5,625 4 Room Blk 102 Henderson Crescent 4 Room / 80 sqm 07 to 09 80 sqm Standard 1970
Nov 2024 $539,000 $6,654 4 Room Blk 106 Henderson Crescent 4 Room / 81 sqm 07 to 09 81 sqm Improved 1975
Nov 2024 $1,000,000 $10,638 4 Room Blk 54 Havelock Road 4 Room / 94 sqm 07 to 09 94 sqm Model A 2013
Nov 2024 $945,000 $10,053 4 Room Blk 54 Havelock Road 4 Room / 94 sqm 19 to 21 94 sqm Model A 2013
Nov 2024 $880,888 $9,575 4 Room Blk 110A Depot Road 4 Room / 92 sqm 22 to 24 92 sqm Model A 2017
Nov 2024 $1,030,000 $11,444 4 Room Blk 16 Cantonment Close 4 Room / 90 sqm 16 to 18 90 sqm Model A 2003
Nov 2024 $738,000 $7,029 4 Room Blk 104 Bukit Purmei Road 4 Room / 105 sqm 10 to 12 105 sqm Model A 1984
Nov 2024 $928,000 $9,280 4 Room Blk 6B Boon Tiong Road 4 Room / 100 sqm 13 to 15 100 sqm Model A 2005
Nov 2024 $420,000 $5,753 3 Room Blk 62 Telok Blangah Hts 3 Room / 73 sqm 07 to 09 73 sqm New Generation 1976
Nov 2024 $405,000 $5,329 3 Room Blk 16 Telok Blangah Crescent 3 Room / 76 sqm 13 to 15 76 sqm Improved 1975
Nov 2024 $340,000 $6,296 3 Room Blk 16 Taman Ho Swee 3 Room / 54 sqm 01 to 03 54 sqm Standard 1970
Nov 2024 $440,000 $6,567 3 Room Blk 148 Silat Avenue 3 Room / 67 sqm 04 to 06 67 sqm New Generation 1982
Nov 2024 $378,888 $6,422 3 Room Blk 86 Redhill Close 3 Room / 59 sqm 04 to 06 59 sqm Improved 1973
Nov 2024 $618,888 $10,315 3 Room Blk 44 Moh Guan Terrace 3 Room / 60 sqm 01 to 03 60 sqm Standard 1973
Nov 2024 $690,000 $11,500 3 Room Blk 26B Jalan Membina 3 Room / 60 sqm 10 to 12 60 sqm Model A 2009
Nov 2024 $708,888 $11,815 3 Room Blk 26A Jalan Membina 3 Room / 60 sqm 25 to 27 60 sqm Model A 2008
Nov 2024 $395,000 $5,896 3 Room Blk 30 Jalan Klinik 3 Room / 67 sqm 07 to 09 67 sqm Standard 1969
Nov 2024 $373,000 $6,322 3 Room Blk 132 Jalan Bukit Merah 3 Room / 59 sqm 01 to 03 59 sqm Improved 1975
Nov 2024 $410,000 $6,406 3 Room Blk 22 Havelock Road 3 Room / 64 sqm 01 to 03 64 sqm Standard 1969
Nov 2024 $650,000 $7,558 3 Room Blk 7 Everton Park 3 Room / 86 sqm 10 to 12 86 sqm New Generation 1980
Nov 2024 $568,000 $7,676 3 Room Blk 112 Bukit Purmei Road 3 Room / 74 sqm 10 to 12 74 sqm Model A 1985
Nov 2024 $458,000 $7,046 3 Room Blk 119 Bukit Merah View 3 Room / 65 sqm 07 to 09 65 sqm Improved 1983

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 < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive

We show in this graph the average monthly rental price trend for each of the 1 room, 2 room, 3 room, 4 room, 5 room and executive 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 $1,533 $800
2 room $4,000 $2,109 $500
3 room $6,300 $2,699 $700
4 room $6,200 $3,470 $750
5 room $6,200 $3,791 $600
Executive $2,700 $2,700 $2,700

Below are the transactional data collated for Bukit Merah. There were a total of 2965 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Oct 2024.

11935775
Date Rental Flat Type Location Town
Oct 2024 $3,800 4 Room Blk 76A Redhill Road 4 Room Bukit Merah
Oct 2024 $3,800 4 Room Blk 8 Cantonment Close 4 Room Bukit Merah
Oct 2024 $2,000 3 Room Blk 105 Bukit Purmei Road 3 Room Bukit Merah
Oct 2024 $3,800 4 Room Blk 58 Havelock Road 4 Room Bukit Merah
Oct 2024 $3,500 3 Room Blk 62 Telok Blangah Hts 3 Room Bukit Merah
Oct 2024 $3,300 3 Room Blk 130 Bukit Merah View 3 Room Bukit Merah
Oct 2024 $3,800 4 Room Blk 75 Telok Blangah Drive 4 Room Bukit Merah
Oct 2024 $4,200 4 Room Blk 127D Kim Tian Road 4 Room Bukit Merah
Oct 2024 $4,150 4 Room Blk 77A Redhill Road 4 Room Bukit Merah
Oct 2024 $3,200 4 Room Blk 26B Jalan Membina 4 Room Bukit Merah
Oct 2024 $4,600 4 Room Blk 105A Depot Road 4 Room Bukit Merah
Oct 2024 $2,200 2 Room Blk 28 Jalan Bukit Merah 2 Room Bukit Merah
Oct 2024 $3,000 4 Room Blk 40 Telok Blangah Rise 4 Room Bukit Merah
Oct 2024 $4,900 4 Room Blk 9B Boon Tiong Road 4 Room Bukit Merah
Oct 2024 $2,900 3 Room Blk 132 Jalan Bukit Merah 3 Room Bukit Merah
Oct 2024 $3,000 3 Room Blk 22 Telok Blangah Crescent 3 Room Bukit Merah
Oct 2024 $4,000 4 Room Blk 131B Kim Tian Road 4 Room Bukit Merah
Oct 2024 $3,800 5 Room Blk 86 Telok Blangah Hts 5 Room Bukit Merah
Oct 2024 $2,800 3 Room Blk 105 Henderson Crescent 3 Room Bukit Merah
Oct 2024 $3,300 4 Room Blk 115 Bukit Purmei Road 4 Room Bukit Merah
Oct 2024 $2,450 3 Room Blk 32 Telok Blangah Rise 3 Room Bukit Merah
Oct 2024 $2,000 4 Room Blk 4 Delta Avenue 4 Room Bukit Merah
Oct 2024 $3,200 3 Room Blk 28 Jalan Klinik 3 Room Bukit Merah
Oct 2024 $3,850 4 Room Blk 58 Telok Blangah Hts 4 Room Bukit Merah
Oct 2024 $2,800 3 Room Blk 102 Bukit Purmei Road 3 Room Bukit Merah
Oct 2024 $3,200 4 Room Blk 40 Telok Blangah Rise 4 Room Bukit Merah
Oct 2024 $3,500 4 Room Blk 119D Kim Tian Road 4 Room Bukit Merah
Oct 2024 $3,800 4 Room Blk 28 Jalan Klinik 4 Room Bukit Merah
Oct 2024 $4,700 4 Room Blk 6 Kim Tian Road 4 Room Bukit Merah
Oct 2024 $3,700 4 Room Blk 40 Telok Blangah Rise 4 Room Bukit Merah
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