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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 $243,353 $202,000
2 room $585,000 $323,305 $230,000
3 room $860,000 $480,934 $230,000
4 room $1,500,000 $802,192 $383,000
5 room $1,588,000 $933,706 $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
$243,353 $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
$293,960 $230,000 $395,000 25 46 to 50
$307,828 $240,000 $585,000 29 51 to 55
$281,949 $230,000 $325,000 24 56 to 60
3 room
Avg $ Min $ Max $ Units sold Age
$688,226 $500,000 $860,000 176 5 to 10
$695,769 $525,000 $850,000 63 11 to 15
$656,736 $535,000 $738,000 41 16 to 20
$645,091 $590,000 $700,000 11 21 to 25
$416,111 $348,000 $482,000 9 36 to 40
$413,871 $305,000 $570,000 126 41 to 45
$402,864 $280,000 $650,000 229 46 to 50
$429,149 $286,000 $850,000 301 51 to 55
$331,989 $230,000 $480,000 111 56 to 60
4 room
Avg $ Min $ Max $ Units sold Age
$909,666 $688,000 $1,320,000 360 5 to 10
$937,266 $710,000 $1,188,000 123 11 to 15
$850,251 $600,000 $1,000,000 93 16 to 20
$838,965 $550,000 $1,030,000 295 21 to 25
$720,902 $560,000 $880,000 60 26 to 30
$823,300 $715,000 $890,000 10 31 to 35
$591,570 $480,000 $670,000 24 36 to 40
$630,202 $450,000 $770,000 74 41 to 45
$533,962 $383,000 $690,000 114 46 to 50
$532,083 $405,000 $1,500,000 36 51 to 55
$459,957 $415,000 $535,000 23 56 to 60
5 room
Avg $ Min $ Max $ Units sold Age
$1,387,962 $1,180,000 $1,588,000 29 5 to 10
$1,206,552 $1,038,000 $1,580,000 15 11 to 15
$904,963 $700,000 $1,148,000 36 16 to 20
$983,696 $733,000 $1,333,000 191 21 to 25
$908,399 $702,000 $1,303,000 72 26 to 30
$1,053,241 $912,000 $1,260,000 12 31 to 35
$699,263 $625,000 $815,000 14 36 to 40
$945,685 $675,000 $1,180,000 56 41 to 45
$773,151 $518,000 $920,000 135 46 to 50
$878,444 $660,000 $1,013,888 20 51 to 55

Here's a view of the transactional data collated. For Bukit Merah, there were a total of 2978 HDB resale transactions in the last 3 years, with the latest one recorded in Feb 2025.

11002978
Date Resale PSM Type Location Floor Fl. Area Model Built
Feb 2025 $1,000,000 $9,009 5 Room Blk 87 Telok Blangah Hts 5 Room / 111 sqm 25 to 27 111 sqm Improved 2003
Feb 2025 $860,000 $6,992 5 Room Blk 48 Telok Blangah Drive 5 Room / 123 sqm 19 to 21 123 sqm Standard 1976
Feb 2025 $1,160,000 $9,206 5 Room Blk 81 Redhill Lane 5 Room / 126 sqm 10 to 12 126 sqm Improved 1996
Feb 2025 $1,003,630 $9,124 5 Room Blk 119B Kim Tian Road 5 Room / 110 sqm 22 to 24 110 sqm Improved 2002
Feb 2025 $1,100,000 $9,565 5 Room Blk 121A Kim Tian Place 5 Room / 115 sqm 07 to 09 115 sqm Improved 2001
Feb 2025 $1,070,000 $8,106 5 Room Blk 13 Jalan Bukit Merah 5 Room / 132 sqm 04 to 06 132 sqm Model A 1996
Feb 2025 $980,000 $8,305 5 Room Blk 94 Havelock Road 5 Room / 118 sqm 04 to 06 118 sqm Improved 1983
Feb 2025 $790,000 $6,870 5 Room Blk 106A Depot Road 5 Room / 115 sqm 01 to 03 115 sqm Improved 2000
Feb 2025 $1,420,000 $12,679 5 Room Blk 9A Boon Tiong Road 5 Room / 112 sqm 10 to 12 112 sqm Improved 2016
Feb 2025 $940,000 $10,108 4 Room Blk 92B Telok Blangah Street 31 4 Room / 93 sqm 16 to 18 93 sqm Model A 2018
Feb 2025 $965,000 $10,376 4 Room Blk 90A Telok Blangah Street 31 4 Room / 93 sqm 10 to 12 93 sqm Model A 2018
Feb 2025 $1,090,000 $11,720 4 Room Blk 80C Telok Blangah Street 31 4 Room / 93 sqm 34 to 36 93 sqm Premium Apartment 2013
Feb 2025 $691,500 $7,516 4 Room Blk 87 Telok Blangah Hts 4 Room / 92 sqm 01 to 03 92 sqm Model A 2003
Feb 2025 $975,000 $10,484 4 Room Blk 70C Telok Blangah Hts 4 Room / 93 sqm 19 to 21 93 sqm Model A 2017
Feb 2025 $1,010,000 $10,860 4 Room Blk 70B Telok Blangah Hts 4 Room / 93 sqm 16 to 18 93 sqm Model A 2017
Feb 2025 $540,000 $6,585 4 Room Blk 24 Telok Blangah Crescent 4 Room / 82 sqm 10 to 12 82 sqm Improved 1975
Feb 2025 $975,000 $9,750 4 Room Blk 75A Redhill Road 4 Room / 100 sqm 25 to 27 100 sqm Model A 2005
Feb 2025 $828,000 $7,738 4 Room Blk 125 Kim Tian Road 4 Room / 107 sqm 07 to 09 107 sqm Model A 1995
Feb 2025 $1,000,000 $10,753 4 Room Blk 127C Kim Tian Road 4 Room / 93 sqm 22 to 24 93 sqm Model A 2013
Feb 2025 $988,000 $10,624 4 Room Blk 127C Kim Tian Road 4 Room / 93 sqm 07 to 09 93 sqm Model A 2013
Feb 2025 $1,000,000 $10,753 4 Room Blk 126C Kim Tian Road 4 Room / 93 sqm 19 to 21 93 sqm Model A 2013
Feb 2025 $1,010,000 $10,860 4 Room Blk 126A Kim Tian Road 4 Room / 93 sqm 34 to 36 93 sqm Model A 2013
Feb 2025 $968,000 $10,756 4 Room Blk 26C Jalan Membina 4 Room / 90 sqm 13 to 15 90 sqm Model A 2009
Feb 2025 $665,000 $6,520 4 Room Blk 146 Jalan Bukit Merah 4 Room / 102 sqm 04 to 06 102 sqm New Generation 1981
Feb 2025 $595,000 $7,083 4 Room Blk 50 Hoy Fatt Road 4 Room / 84 sqm 01 to 03 84 sqm Simplified 1987
Feb 2025 $1,050,000 $12,651 4 Room Blk 96B Henderson Road 4 Room / 83 sqm 37 to 39 83 sqm Model A 2019
Feb 2025 $888,000 $9,652 4 Room Blk 110A Depot Road 4 Room / 92 sqm 16 to 18 92 sqm Model A 2017
Feb 2025 $918,000 $10,200 4 Room Blk 17 Cantonment Close 4 Room / 90 sqm 04 to 06 90 sqm Model A 2003
Feb 2025 $670,000 $6,505 4 Room Blk 114 Bukit Purmei Road 4 Room / 103 sqm 04 to 06 103 sqm Model A 1985
Feb 2025 $688,888 $6,624 4 Room Blk 110 Bukit Purmei Road 4 Room / 104 sqm 04 to 06 104 sqm Model A 1984

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 < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
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 $1,576 $800
2 room $4,000 $2,158 $500
3 room $6,300 $2,778 $700
4 room $6,200 $3,562 $750
5 room $6,200 $3,893 $600
Executive $2,700 $2,700 $2,700

Below are the transactional data collated for Bukit Merah. There were a total of 2978 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Jan 2025.

11925760
Date Rental Flat Type Location Town
Jan 2025 $3,200 3 Room Blk 107 Bukit Purmei Road 3 Room Bukit Merah
Jan 2025 $2,500 3 Room Blk 20 Jalan Klinik 3 Room Bukit Merah
Jan 2025 $3,000 3 Room Blk 46 Jalan Bukit Ho Swee 3 Room Bukit Merah
Jan 2025 $2,800 3 Room Blk 31 Telok Blangah Rise 3 Room Bukit Merah
Jan 2025 $3,100 3 Room Blk 129 Bukit Merah View 3 Room Bukit Merah
Jan 2025 $3,600 4 Room Blk 50 Telok Blangah Drive 4 Room Bukit Merah
Jan 2025 $4,400 5 Room Blk 75A Redhill Road 5 Room Bukit Merah
Jan 2025 $2,200 3 Room Blk 22 Havelock Road 3 Room Bukit Merah
Jan 2025 $4,200 4 Room Blk 83 Redhill Lane 4 Room Bukit Merah
Jan 2025 $3,000 3 Room Blk 15 Telok Blangah Crescent 3 Room Bukit Merah
Jan 2025 $4,250 4 Room Blk 75C Redhill Road 4 Room Bukit Merah
Jan 2025 $2,800 3 Room Blk 103 Bukit Purmei Road 3 Room Bukit Merah
Jan 2025 $3,500 3 Room Blk 55 Havelock Road 3 Room Bukit Merah
Jan 2025 $3,600 4 Room Blk 63B Lengkok Bahru 4 Room Bukit Merah
Jan 2025 $4,300 4 Room Blk 26D Jalan Membina 4 Room Bukit Merah
Jan 2025 $2,200 3 Room Blk 6 Everton Park 3 Room Bukit Merah
Jan 2025 $2,800 3 Room Blk 130 Bukit Merah View 3 Room Bukit Merah
Jan 2025 $4,000 3 Room Blk 10B Boon Tiong Road 3 Room Bukit Merah
Jan 2025 $2,000 3 Room Blk 16 Telok Blangah Crescent 3 Room Bukit Merah
Jan 2025 $4,800 5 Room Blk 9A Boon Tiong Road 5 Room Bukit Merah
Jan 2025 $4,200 4 Room Blk 27A Jalan Membina 4 Room Bukit Merah
Jan 2025 $3,600 3 Room Blk 30 Jalan Klinik 3 Room Bukit Merah
Jan 2025 $3,800 4 Room Blk 110A Depot Road 4 Room Bukit Merah
Jan 2025 $3,400 4 Room Blk 111B Depot Road 4 Room Bukit Merah
Jan 2025 $3,500 5 Room Blk 114 Depot Road 5 Room Bukit Merah
Jan 2025 $4,300 4 Room Blk 10B Boon Tiong Road 4 Room Bukit Merah
Jan 2025 $3,300 4 Room Blk 17 Telok Blangah Crescent 4 Room Bukit Merah
Jan 2025 $4,300 4 Room Blk 92B Telok Blangah Street 31 4 Room Bukit Merah
Jan 2025 $4,500 5 Room Blk 112B Depot Road 5 Room Bukit Merah
Jan 2025 $3,200 3 Room Blk 131 Jalan Bukit Merah 3 Room Bukit Merah
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