HDB Resale & Rent — Singapore

Blk 124A Bt Merah View — HDB resale prices

Blk 124A Bt Merah View is an HDB block in Bukit Merah (completed in 1995, 20 storeys, 80 units). 50 resale transactions have been recorded here since 1990.

Explore this block on the interactive map →

Price history at a glance

$387K$774K$1.2M20002005201020152020nominalreal (today's $)

Block facts

TownBukit Merah
Completed1995
Lease from1996
Storeys20
Dwelling units80
Unit mix (sold)4-room ×42 · 5-room ×38
Recorded resales50 since 1990

Median monthly rent at this block: $3,600/mo (4 rental contracts, last 12 months).

What the price model says

For a typical 5-room flat here, our price model estimates $924,117–$1,033,758 (central estimate $978,937). Recent sales — median $1,075,121 — sit above 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
2000$405,000$639,1069
2001$455,000$710,8053
2002$406,500$637,5356
2003$428,000$667,9942
2004$384,000$589,4663
2005$368,000$562,2442
2006$357,500$540,9762
2008$512,000$711,5443
2009$554,000$765,4114
2010$686,500$922,3812
2011$631,500$806,1472
2012$740,000$903,2741
2015$747,500$886,8732
2016$828,000$987,6081
2017$696,000$825,4021
2018$693,500$818,8472
2022$834,638$903,9802
2024$1,086,000$1,095,8073

Records

Record sale$1,170,000 (5-Room, 2024-05)
First recorded sale$585,000 (2000-06)
Busiest year2000 · 9 sales
Total transacted$27.9M across 50 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2024-075-Room01 TO 03127$1,045,000
2024-055-Room16 TO 18127$1,170,000
2024-015-Room10 TO 12127$1,086,000
2022-124-Room07 TO 09108$775,777
2022-095-Room04 TO 06127$893,500
2018-124-Room10 TO 12109$702,000
2018-104-Room07 TO 09109$685,000
2017-054-Room04 TO 06109$696,000
2016-065-Room07 TO 09127$828,000
2015-105-Room10 TO 12128$820,000
2015-084-Room07 TO 09109$675,000
2012-015-Room07 TO 09127$740,000
2011-095-Room01 TO 03127$675,000
2011-024-Room07 TO 09109$588,000
2010-085-Room16 TO 18127$683,000
2010-085-Room13 TO 15127$690,000
2009-124-Room01 TO 03109$523,000
2009-115-Room01 TO 03127$585,000
2009-115-Room07 TO 09127$585,000
2009-074-Room10 TO 12109$484,000

Bt Merah View blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 126$1,225,000$9,523/m²
2. Blk 124B$903,000$8,439/m²
3. Blk 120$531,500$6,040/m²
4. Blk 130$430,000$6,462/m²
5. Blk 129$427,500$6,308/m²
6. Blk 119$424,000$6,523/m²
7. Blk 128$400,000$5,905/m²
8. Blk 116$388,000$5,971/m²

More blocks on Bt Merah View

Blk 116 Blk 119 Blk 120 Blk 124B Blk 125 Blk 126 Blk 128 Blk 129 Blk 130 · All of Bukit Merah

Quick answers

Is Blk 124A Bt Merah View fairly priced?

For a typical 5-room flat here, our price model estimates $924,117–$1,033,758 (central estimate $978,937). Recent sales — median $1,075,121 — sit above that range.

What is the rent at Blk 124A Bt Merah View?

The median monthly rent is $3,600/mo over the last 12 months (4 contracts).

How old is Blk 124A Bt Merah View?

The block was completed in 1995 and its 99-year lease runs from 1996.