HDB Resale & Rent — Singapore

Blk 128 Bt Merah View — HDB resale prices

Blk 128 Bt Merah View is an HDB block in Bukit Merah (completed in 1973, 20 storeys, 300 units). As of Jul 2026, its median resale price over the last 24 months is $400,000, about 53% below the Bukit Merah median, from 8 sales. 291 resale transactions have been recorded here since 1990.

Explore this block on the interactive map →

Price history at a glance

$185K$371K$556K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownBukit Merah
Completed1973
Lease from1973
Storeys20
Dwelling units300
Unit mix (sold)3-room ×295 · 5-room ×4
Recorded resales291 since 1990

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

Flat typeMedian priceMedian $/m²Sales
3-Room$400,000$5,905/m²8

Median monthly rent at this block: $3,200/mo (21 rental contracts, last 12 months).

Estimated gross rental yield: ~9.6% (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 90% of Bukit Merah blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $400,478–$447,992 (central estimate $424,235). Recent sales — median $397,760 — sit below 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$45,750$85,6498
1991$45,500$82,3486
1992$61,750$109,3066
1993$80,000$138,4395
1994$91,000$152,7496
1995$120,000$198,01115
1996$174,000$283,20715
1997$170,000$271,2103
1998$154,000$246,35515
1999$141,000$225,50511
2000$162,500$256,43110
2001$157,000$245,26723
2002$176,000$276,03018
2003$195,000$304,34312
2004$210,000$322,36411
2005$192,500$294,10912
2006$202,000$305,6709
2007$237,000$351,22211
2008$290,000$403,0237
2009$291,000$402,0484
2010$342,000$459,51112
2011$385,000$491,4753
2012$423,888$517,4155
2013$440,000$524,6799
2014$390,000$460,2974
2015$365,000$433,0557
2016$363,500$433,5693
2017$360,000$426,9325
2018$323,900$382,4448
2019$286,500$336,3754
2020$325,000$382,2354
2021$350,000$402,3205
2022$345,000$373,6633
2023$378,500$391,0452
2024$382,000$385,4493
2025$423,000$423,0006
2026$350,000$350,0001

Records

Record sale$468,000 (3-Room, 2012-09)
First recorded sale$48,000 (1990-01)
Busiest year2001 · 23 sales
10-year change (real)-19% (-2.1%/yr, 2016→2026)
Total transacted$65.0M across 291 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-033-Room19 TO 2165$350,000
2025-113-Room04 TO 0665$418,000
2025-063-Room10 TO 1265$428,000
2025-063-Room19 TO 2176$450,888
2025-043-Room16 TO 1865$350,000
2025-043-Room16 TO 1865$431,000
2025-033-Room13 TO 1565$360,000
2024-103-Room19 TO 2165$382,000
2024-063-Room16 TO 1865$368,000
2024-023-Room16 TO 1876$400,000
2023-113-Room16 TO 1865$372,000
2023-083-Room19 TO 2165$385,000
2022-043-Room16 TO 1865$395,000
2022-033-Room01 TO 0365$312,000
2022-033-Room10 TO 1265$345,000
2021-103-Room16 TO 1865$356,000
2021-093-Room16 TO 1865$350,000
2021-063-Room16 TO 1865$380,088
2021-033-Room04 TO 0665$300,000
2021-033-Room13 TO 1565$330,000

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 124A Blk 124B Blk 125 Blk 126 Blk 129 Blk 130 · All of Bukit Merah

Quick answers

How much does a flat at Blk 128 Bt Merah View cost?

The median resale price over the last 24 months is $400,000 (8 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 128 Bt Merah View fairly priced?

For a typical 3-room flat here, our price model estimates $400,478–$447,992 (central estimate $424,235). Recent sales — median $397,760 — sit below that range.

What is the rent at Blk 128 Bt Merah View?

The median monthly rent is $3,200/mo over the last 12 months (21 contracts).

How old is Blk 128 Bt Merah View?

The block was completed in 1973 and its 99-year lease runs from 1973.