HDB Resale & Rent — Singapore

Blk 115 Bt Merah Ctrl — HDB resale prices

Blk 115 Bt Merah Ctrl is an HDB block in Bukit Merah (completed in 1977, 25 storeys, 96 units). As of Jul 2026, its median resale price over the last 24 months is $685,000, about 19% below the Bukit Merah median, from 3 sales. 110 resale transactions have been recorded here since 1990.

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Price history at a glance

$298K$596K$894K1995200020052010201520202025nominalreal (today's $)

Block facts

TownBukit Merah
Completed1977
Lease from1977
Storeys25
Dwelling units96
Unit mix (sold)5-room ×96
Recorded resales110 since 1990

Prices by flat type — last 24 months (as of Jul 2026)

Flat typeMedian priceMedian $/m²Sales
5-Room$685,000$5,855/m²3

Median monthly rent at this block: $2,950/mo (2 rental contracts, last 12 months).

Estimated gross rental yield: ~5.2% (Bukit Merah average: ~5.2%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 92% of Bukit Merah blocks with recent sales.

What the price model says

For a typical 5-room flat here, our price model estimates $700,379–$783,475 (central estimate $741,927). Recent sales — median $704,610 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.

Median resale price by year

YearMedian (nominal)Median (today's $)Sales
1991$137,500$248,8552
1992$183,000$323,9351
1993$260,900$451,4844
1994$337,500$566,51210
1995$387,500$639,4106
1996$518,000$843,1107
1997$500,000$797,6777
1998$434,000$694,2724
1999$398,000$636,5316
2000$425,000$670,6674
2001$380,000$593,6395
2002$403,000$632,0453
2003$355,000$554,0604
2004$345,500$530,3662
2005$345,000$527,1043
2006$353,000$534,1672
2007$378,000$560,1774
2008$536,000$744,8971
2009$513,500$709,4562
2010$618,000$830,3457
2011$628,000$801,6795
2012$615,000$750,6941
2014$600,000$708,1491
2015$694,000$823,3982
2017$629,000$745,9452
2018$600,000$708,4481
2019$595,000$698,5792
2020$570,000$670,3823
2021$568,000$652,9081
2022$680,000$736,4952
2023$715,000$738,6981
2024$670,000$676,0503
2025$685,000$685,0001
2026$694,388$694,3881

Records

Record sale$720,000 (5-Room, 2024-01)
First recorded sale$130,000 (1991-01)
Busiest year1994 · 10 sales
Total transacted$50.9M across 110 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-015-Room07 TO 09117$694,388
2025-055-Room16 TO 18117$685,000
2024-125-Room10 TO 12117$670,000
2024-055-Room04 TO 06117$655,000
2024-015-Room22 TO 24117$720,000
2023-085-Room13 TO 15117$715,000
2022-075-Room22 TO 24117$700,000
2022-055-Room13 TO 15117$660,000
2021-025-Room07 TO 09117$568,000
2020-125-Room07 TO 09121$573,000
2020-115-Room04 TO 06117$560,000
2020-055-Room07 TO 09117$570,000
2019-115-Room16 TO 18117$600,000
2019-055-Room22 TO 24117$590,000
2018-125-Room19 TO 21117$600,000
2017-065-Room01 TO 03117$618,000
2017-045-Room13 TO 15117$640,000
2015-115-Room07 TO 09117$690,000
2015-085-Room19 TO 21117$698,000
2014-115-Room01 TO 03117$600,000

Bt Merah Ctrl blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 117$723,400$6,183/m²
2. Blk 116$703,000$6,009/m²
3. Blk 115$685,000$5,855/m²
4. Blk 161$410,000$6,029/m²

More blocks on Bt Merah Ctrl

Blk 116 Blk 117 Blk 161 · All of Bukit Merah

Quick answers

How much does a flat at Blk 115 Bt Merah Ctrl cost?

The median resale price over the last 24 months is $685,000 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 115 Bt Merah Ctrl fairly priced?

For a typical 5-room flat here, our price model estimates $700,379–$783,475 (central estimate $741,927). Recent sales — median $704,610 — sit within that range.

What is the rent at Blk 115 Bt Merah Ctrl?

The median monthly rent is $2,950/mo over the last 12 months (2 contracts).

How old is Blk 115 Bt Merah Ctrl?

The block was completed in 1977 and its 99-year lease runs from 1977.