Blk 116 Bukit Merah View — HDB resale prices
HDB resale prices, Bukit Merah · 3-Room · built 1973
median resale price, last 24 months
4 sales in that window · as of Sep 2026
How it compares
Blk 116 Bukit Merah View is an HDB block in Bukit Merah (completed in 1973, 5 storeys, 73 units). As of Sep 2026, its median resale price over the last 24 months is $383,000, about 52% below the Bukit Merah median, from 4 sales. 55 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×72 · 5-room ×1
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,750/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~8.6% (Bukit Merah average: ~5.3%) — 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 3-room flat here, our price model estimates $364,290–$407,265 (central estimate $385,777). Recent sales — median $383,000 — 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
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1993 | $62,500 | $108,155 | 1 |
| 1994 | $82,500 | $138,481 | 2 |
| 1995 | $133,000 | $219,462 | 1 |
| 1996 | $173,000 | $281,579 | 2 |
| 1998 | $152,000 | $243,155 | 1 |
| 1999 | $133,750 | $213,910 | 2 |
| 2000 | $140,250 | $221,320 | 4 |
| 2001 | $128,000 | $199,963 | 1 |
| 2002 | $135,000 | $211,727 | 1 |
| 2003 | $137,000 | $213,821 | 1 |
| 2004 | $161,500 | $247,913 | 2 |
| 2005 | $156,500 | $239,107 | 2 |
| 2006 | $152,500 | $230,766 | 2 |
| 2007 | $152,000 | $225,256 | 5 |
| 2008 | $245,000 | $340,485 | 1 |
| 2009 | $243,500 | $336,422 | 2 |
| 2010 | $280,000 | $376,208 | 3 |
| 2013 | $345,000 | $411,396 | 3 |
| 2015 | $318,000 | $377,292 | 3 |
| 2016 | $315,944 | $376,846 | 2 |
| 2017 | $288,000 | $341,546 | 5 |
| 2019 | $284,000 | $333,439 | 2 |
| 2020 | $225,000 | $264,624 | 1 |
| 2022 | $340,000 | $368,247 | 1 |
| 2024 | $400,000 | $403,612 | 1 |
| 2025 | $383,000 | $383,000 | 4 |
Records
| Record sale | $420,000 (3-Room, 2013-02) |
|---|---|
| First recorded sale | $62,500 (1993-02) |
| Busiest year | 2007 · 5 sales |
| 10-year change (real) | +2% (+0.2%/yr, 2015→2025) |
| Total transacted | $12.7M across 55 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-12 | 3-Room | 01–03 | 59 m² | $340,000 |
| 2025-10 | 3-Room | 04–06 | 70 m² | $418,000 |
| 2025-10 | 3-Room | 04–06 | 59 m² | $388,000 |
| 2025-03 | 3-Room | 01–03 | 59 m² | $378,000 |
| 2024-09 | 3-Room | 04–06 | 70 m² | $400,000 |
| 2022-09 | 3-Room | 01–03 | 59 m² | $340,000 |
| 2020-07 | 3-Room | 01–03 | 59 m² | $225,000 |
| 2019-10 | 3-Room | 04–06 | 59 m² | $288,000 |
| 2019-02 | 3-Room | 04–06 | 59 m² | $280,000 |
| 2017-12 | 3-Room | 04–06 | 59 m² | $288,000 |
| 2017-07 | 3-Room | 01–03 | 59 m² | $270,000 |
| 2017-05 | 3-Room | 01–03 | 59 m² | $268,000 |
| 2017-03 | 3-Room | 01–03 | 59 m² | $315,000 |
| 2017-01 | 3-Room | 04–06 | 59 m² | $350,000 |
| 2016-04 | 3-Room | 01–03 | 59 m² | $316,888 |
| 2016-01 | 3-Room | 04–06 | 59 m² | $315,000 |
| 2015-09 | 3-Room | 04–06 | 59 m² | $318,000 |
| 2015-03 | 3-Room | 01–03 | 59 m² | $326,000 |
| 2015-01 | 3-Room | 04–06 | 59 m² | $315,000 |
| 2013-09 | 3-Room | 01–03 | 59 m² | $326,000 |
Bukit Merah View blocks ranked by price
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Quick answers
How much does a flat at Blk 116 Bukit Merah View cost?
The median resale price over the last 24 months is $383,000 (4 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 116 Bukit Merah View fairly priced?
For a typical 3-room flat here, our price model estimates $364,290–$407,265 (central estimate $385,777). Recent sales — median $383,000 — sit within that range.
What is the rent at Blk 116 Bukit Merah View?
The median monthly rent is $2,750/mo over the last 12 months (1 contracts).
How old is Blk 116 Bukit Merah View?
The block was completed in 1973 and its 99-year lease runs from 1974.