Blk 114 Depot Road — HDB resale prices
HDB resale prices, Bukit Merah · 5-Room · built 1976
median resale price, last 24 months
6 sales in that window · as of Sep 2026
How it compares
Blk 114 Depot Road is an HDB block in Bukit Merah (completed in 1976, 25 storeys, 96 units). As of Sep 2026, its median resale price over the last 24 months is $725,000, about 8% below the Bukit Merah median, from 6 sales. 136 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 5-room ×96
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,825/mo (8 rental contracts, last 12 months).
Estimated gross rental yield: ~6.3% (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 80% of Bukit Merah blocks with recent sales.
What the price model says
For a typical 5-room flat here, our price model estimates $686,274–$767,235 (central estimate $726,755). Recent sales — median $720,000 — 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 |
|---|---|---|---|
| 1990 | $143,000 | $267,712 | 3 |
| 1991 | $145,000 | $262,429 | 5 |
| 1992 | $162,000 | $286,762 | 2 |
| 1993 | $215,500 | $372,920 | 4 |
| 1994 | $300,000 | $503,567 | 7 |
| 1995 | $340,000 | $561,031 | 7 |
| 1996 | $430,000 | $699,879 | 8 |
| 1997 | $471,000 | $751,412 | 6 |
| 1998 | $395,000 | $631,884 | 9 |
| 1999 | $384,500 | $614,940 | 8 |
| 2000 | $396,750 | $626,087 | 4 |
| 2001 | $365,000 | $570,206 | 7 |
| 2002 | $365,000 | $572,448 | 3 |
| 2004 | $312,500 | $479,708 | 6 |
| 2005 | $321,500 | $491,200 | 8 |
| 2007 | $410,000 | $607,599 | 6 |
| 2008 | $525,500 | $730,305 | 2 |
| 2010 | $540,000 | $725,544 | 5 |
| 2011 | $621,500 | $793,381 | 6 |
| 2012 | $651,000 | $794,637 | 2 |
| 2013 | $710,000 | $846,642 | 3 |
| 2014 | $685,500 | $809,060 | 2 |
| 2015 | $695,000 | $824,584 | 2 |
| 2016 | $632,500 | $754,423 | 2 |
| 2018 | $568,000 | $670,664 | 1 |
| 2019 | $575,000 | $675,097 | 1 |
| 2020 | $550,000 | $646,859 | 1 |
| 2021 | $579,000 | $665,552 | 6 |
| 2022 | $570,000 | $617,356 | 1 |
| 2023 | $730,000 | $754,195 | 3 |
| 2025 | $704,000 | $704,000 | 2 |
| 2026 | $740,000 | $740,000 | 4 |
Records
| Record sale | $780,000 (5-Room, 2023-10) |
|---|---|
| First recorded sale | $143,000 (1990-03) |
| Busiest year | 1998 · 9 sales |
| 10-year change (real) | -2% (-0.2%/yr, 2016→2026) |
| Total transacted | $59.0M across 136 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-09 | 5-Room | 10–12 | 117 m² | $760,000 |
| 2026-09 | 5-Room | 10–12 | 114 m² | $730,000 |
| 2026-06 | 5-Room | 01–03 | 114 m² | $690,000 |
| 2026-02 | 5-Room | 19–21 | 117 m² | $750,000 |
| 2025-10 | 5-Room | 22–24 | 117 m² | $688,000 |
| 2025-09 | 5-Room | 07–09 | 117 m² | $720,000 |
| 2023-10 | 5-Room | 10–12 | 117 m² | $780,000 |
| 2023-06 | 5-Room | 16–18 | 117 m² | $730,000 |
| 2023-02 | 5-Room | 04–06 | 117 m² | $680,000 |
| 2022-05 | 5-Room | 04–06 | 119 m² | $570,000 |
| 2021-11 | 5-Room | 07–09 | 119 m² | $590,000 |
| 2021-09 | 5-Room | 22–24 | 119 m² | $588,000 |
| 2021-08 | 5-Room | 13–15 | 117 m² | $610,000 |
| 2021-06 | 5-Room | 22–24 | 114 m² | $570,000 |
| 2021-02 | 5-Room | 16–18 | 119 m² | $568,000 |
| 2021-01 | 5-Room | 01–03 | 117 m² | $535,000 |
| 2020-07 | 5-Room | 10–12 | 117 m² | $550,000 |
| 2019-12 | 5-Room | 25–27 | 119 m² | $575,000 |
| 2018-11 | 5-Room | 19–21 | 117 m² | $568,000 |
| 2016-11 | 5-Room | 19–21 | 114 m² | $610,000 |
Depot Road blocks ranked by price
More blocks on Depot Road
Quick answers
How much does a flat at Blk 114 Depot Road cost?
The median resale price over the last 24 months is $725,000 (6 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 114 Depot Road fairly priced?
For a typical 5-room flat here, our price model estimates $686,274–$767,235 (central estimate $726,755). Recent sales — median $720,000 — sit within that range.
What is the rent at Blk 114 Depot Road?
The median monthly rent is $3,825/mo over the last 12 months (8 contracts).
How old is Blk 114 Depot Road?
The block was completed in 1976 and its 99-year lease runs from 1976.