HDB Resale & Rent — Singapore

Blk 117 Bt Merah Ctrl — HDB resale prices

Blk 117 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 $723,400, about 15% below the Bukit Merah median, from 2 sales. 113 resale transactions have been recorded here since 1990.

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Price history at a glance

$296K$592K$888K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownBukit Merah
Completed1977
Lease from1977
Storeys25
Dwelling units96
Unit mix (sold)5-room ×96
Recorded resales113 since 1990

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

Flat typeMedian priceMedian $/m²Sales
5-Room$723,400$6,183/m²2

Median monthly rent at this block: $4,200/mo (5 rental contracts, last 12 months).

Estimated gross rental yield: ~7.0% (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 82% of Bukit Merah blocks with recent sales.

What the price model says

For a typical 5-room flat here, our price model estimates $684,902–$766,161 (central estimate $725,531). Recent sales — median $724,484 — 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
1990$154,000$288,3054
1991$180,000$325,7746
1992$210,000$371,7284
1993$300,000$519,1463
1994$360,000$604,2807
1995$430,000$709,5393
1996$500,000$813,8139
1997$493,500$787,3086
1998$426,000$681,4749
1999$407,500$651,72510
2000$420,000$662,7771
2001$393,000$613,9485
2002$375,000$588,1327
2003$365,000$569,6681
2004$380,000$583,3251
2007$453,000$671,3234
2008$520,000$722,6615
2009$510,000$704,6203
2010$616,500$828,3294
2011$630,000$804,2321
2014$681,000$803,7492
2015$669,000$793,7362
2016$702,500$837,9162
2017$590,000$699,6944
2018$595,000$702,5442
2019$570,000$669,2273
2022$712,500$771,6952
2023$670,000$692,2061
2024$718,000$724,4841
2026$728,800$728,8001

Records

Record sale$760,000 (5-Room, 2022-10)
First recorded sale$142,000 (1990-07)
Busiest year1999 · 10 sales
10-year change (real)-13% (-1.4%/yr, 2016→2026)
Total transacted$50.3M across 113 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-045-Room25 TO 27117$728,800
2024-115-Room13 TO 15117$718,000
2023-035-Room07 TO 09117$670,000
2022-115-Room13 TO 15117$665,000
2022-105-Room19 TO 21117$760,000
2019-085-Room04 TO 06121$570,000
2019-075-Room22 TO 24117$650,000
2019-045-Room04 TO 06117$540,000
2018-105-Room16 TO 18117$590,000
2018-085-Room19 TO 21117$600,000
2017-125-Room04 TO 06117$575,000
2017-115-Room04 TO 06117$618,000
2017-105-Room07 TO 09117$580,000
2017-035-Room13 TO 15117$600,000
2016-065-Room07 TO 09117$675,000
2016-025-Room22 TO 24117$730,000
2015-095-Room04 TO 06117$628,000
2015-045-Room13 TO 15117$710,000
2014-125-Room10 TO 12117$650,000
2014-035-Room16 TO 18117$712,000

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 115 Blk 116 Blk 161 · All of Bukit Merah

Quick answers

How much does a flat at Blk 117 Bt Merah Ctrl cost?

The median resale price over the last 24 months is $723,400 (2 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 117 Bt Merah Ctrl fairly priced?

For a typical 5-room flat here, our price model estimates $684,902–$766,161 (central estimate $725,531). Recent sales — median $724,484 — sit within that range.

What is the rent at Blk 117 Bt Merah Ctrl?

The median monthly rent is $4,200/mo over the last 12 months (5 contracts).

How old is Blk 117 Bt Merah Ctrl?

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