HDB Resale & Rent — Singapore

Blk 132 Jln Bt Merah — HDB resale prices

Blk 132 Jln Bt Merah is an HDB block in Bukit Merah (completed in 1975, 10 storeys, 130 units). As of Jul 2026, its median resale price over the last 24 months is $340,000, about 60% below the Bukit Merah median, from 4 sales. 152 resale transactions have been recorded here since 1990.

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Price history at a glance

$141K$283K$424K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownBukit Merah
Completed1975
Lease from1975
Storeys10
Dwelling units130
Unit mix (sold)3-room ×127 · 5-room ×1
Recorded resales152 since 1990

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

Flat typeMedian priceMedian $/m²Sales
3-Room$340,000$5,763/m²4

Median monthly rent at this block: $3,000/mo (5 rental contracts, last 12 months).

Estimated gross rental yield: ~10.6% (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 93% of Bukit Merah blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $356,347–$398,626 (central estimate $377,486). Recent sales — median $344,035 — 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$44,000$82,3735
1991$45,500$82,3486
1992$45,000$79,6566
1993$57,500$99,5034
1994$85,500$143,5164
1995$122,750$202,5498
1996$153,000$249,0275
1997$190,000$303,1175
1998$146,000$233,5573
1999$138,000$220,7074
2000$147,000$231,9725
2001$135,000$210,8987
2002$129,000$202,3173
2003$138,000$215,3815
2004$158,444$243,2226
2005$147,500$225,3568
2006$143,000$216,3906
2007$181,500$268,9744
2008$214,000$297,4037
2009$240,000$331,5869
2010$271,400$364,6534
2011$298,000$380,4145
2012$328,000$400,3704
2013$320,000$381,5853
2014$304,000$358,7962
2015$325,000$385,5973
2016$292,000$348,2871
2017$301,500$357,5562
2018$268,000$316,4401
2019$265,000$311,1321
2020$244,000$286,9702
2021$290,000$333,3513
2022$333,444$361,1472
2023$360,000$371,9321
2024$356,500$359,7196
2025$322,500$322,5002

Records

Record sale$408,000 (3-Room, 2024-03)
First recorded sale$40,000 (1990-01)
Busiest year2009 · 9 sales
10-year change (real)-16% (-1.8%/yr, 2015→2025)
Total transacted$28.5M across 152 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2025-093-Room04 TO 0659$300,000
2025-053-Room04 TO 0659$345,000
2024-113-Room01 TO 0359$373,000
2024-093-Room07 TO 0959$335,000
2024-053-Room01 TO 0359$340,000
2024-033-Room04 TO 0659$325,000
2024-033-Room01 TO 0370$380,888
2024-033-Room07 TO 0970$408,000
2023-043-Room07 TO 0959$360,000
2022-113-Room07 TO 0959$358,888
2022-013-Room07 TO 0959$308,000
2021-113-Room07 TO 0959$290,000
2021-103-Room07 TO 0959$290,000
2021-103-Room07 TO 0970$338,888
2020-073-Room01 TO 0359$243,000
2020-063-Room04 TO 0659$245,000
2019-043-Room07 TO 0959$265,000
2018-043-Room07 TO 0959$268,000
2017-103-Room04 TO 0659$260,000
2017-083-Room04 TO 0659$343,000

Jln Bt Merah blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 13$1,020,000$8,106/m²
2. Blk 12$922,888$8,222/m²
3. Blk 135$910,500$7,983/m²
4. Blk 14$866,000$8,660/m²
5. Blk 134$850,000$7,716/m²
6. Blk 143$780,000$6,667/m²
7. Blk 140$765,000$6,429/m²
8. Blk 139$725,000$6,651/m²
9. Blk 109$706,000$6,788/m²
10. Blk 146$665,000$6,520/m²
11. Blk 108$510,000$6,892/m²
12. Blk 144$435,000$6,493/m²
13. Blk 142$430,888$6,269/m²
14. Blk 145$420,000$6,269/m²
15. Blk 1$400,000$6,250/m²

Showing the top 15 of 26 blocks.

More blocks on Jln Bt Merah

Blk 1 Blk 2 Blk 12 Blk 13 Blk 14 Blk 28 Blk 107 Blk 108 Blk 109 Blk 113 Blk 131 Blk 133 · All of Bukit Merah

Quick answers

How much does a flat at Blk 132 Jln Bt Merah cost?

The median resale price over the last 24 months is $340,000 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 132 Jln Bt Merah fairly priced?

For a typical 3-room flat here, our price model estimates $356,347–$398,626 (central estimate $377,486). Recent sales — median $344,035 — sit below that range.

What is the rent at Blk 132 Jln Bt Merah?

The median monthly rent is $3,000/mo over the last 12 months (5 contracts).

How old is Blk 132 Jln Bt Merah?

The block was completed in 1975 and its 99-year lease runs from 1975.