Blk 23 Jalan Membina — HDB resale prices
HDB resale prices, Bukit Merah · 4-Room, 5-Room · built 2001
median resale price, last 24 months
9 sales in that window · as of Sep 2026
How it compares
Blk 23 Jalan Membina is an HDB block in Bukit Merah (completed in 2001, 30 storeys, 156 units). As of Sep 2026, its median resale price over the last 24 months is $1,115,000, about 41% above the Bukit Merah median, from 9 sales. 75 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×69 · 5-room ×87
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $4,150/mo (10 rental contracts, last 12 months).
Estimated gross rental yield: ~4.5% (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 13% of Bukit Merah blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $792,554–$886,053 (central estimate $839,304). Recent sales — median $929,829 — 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
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2006 | $493,800 | $747,228 | 3 |
| 2007 | $490,000 | $726,155 | 7 |
| 2008 | $680,000 | $945,019 | 3 |
| 2009 | $566,000 | $781,990 | 8 |
| 2010 | $715,000 | $960,674 | 3 |
| 2011 | $765,000 | $976,567 | 5 |
| 2012 | $845,000 | $1,031,441 | 6 |
| 2013 | $829,000 | $988,544 | 4 |
| 2014 | $670,000 | $790,767 | 1 |
| 2015 | $738,000 | $875,602 | 1 |
| 2016 | $797,000 | $950,632 | 2 |
| 2017 | $792,500 | $939,843 | 2 |
| 2018 | $786,500 | $928,657 | 4 |
| 2019 | $786,888 | $923,871 | 3 |
| 2020 | $720,000 | $846,798 | 2 |
| 2021 | $830,000 | $954,073 | 6 |
| 2022 | $845,000 | $915,203 | 1 |
| 2023 | $885,000 | $914,332 | 4 |
| 2024 | $1,200,000 | $1,210,836 | 1 |
| 2025 | $1,134,444 | $1,134,444 | 4 |
| 2026 | $1,115,000 | $1,115,000 | 5 |
Records
| Record sale | $1,220,000 (5-Room, 2026-01) |
|---|---|
| First recorded sale | $493,800 (2006-06) |
| Busiest year | 2009 · 8 sales |
| 10-year change (real) | +17% (+1.6%/yr, 2016→2026) |
| Total transacted | $58.0M across 75 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 4-Room | 13–15 | 90 m² | $975,000 |
| 2026-07 | 5-Room | 04–06 | 110 m² | $1,115,000 |
| 2026-04 | 5-Room | 07–09 | 110 m² | $1,190,000 |
| 2026-02 | 4-Room | 01–03 | 90 m² | $780,000 |
| 2026-01 | 5-Room | 28–30 | 110 m² | $1,220,000 |
| 2025-10 | 4-Room | 04–06 | 90 m² | $948,000 |
| 2025-09 | 5-Room | 13–15 | 110 m² | $1,188,000 |
| 2025-07 | 5-Room | 16–18 | 110 m² | $1,160,000 |
| 2025-04 | 4-Room | 16–18 | 90 m² | $1,108,888 |
| 2024-08 | 5-Room | 19–21 | 110 m² | $1,200,000 |
| 2023-12 | 4-Room | 07–09 | 90 m² | $900,000 |
| 2023-11 | 4-Room | 19–21 | 90 m² | $945,000 |
| 2023-11 | 4-Room | 07–09 | 90 m² | $870,000 |
| 2023-01 | 4-Room | 07–09 | 90 m² | $850,000 |
| 2022-07 | 4-Room | 16–18 | 90 m² | $845,000 |
| 2021-12 | 5-Room | 01–03 | 110 m² | $700,000 |
| 2021-10 | 4-Room | 01–03 | 90 m² | $740,000 |
| 2021-08 | 5-Room | 16–18 | 110 m² | $955,000 |
| 2021-08 | 4-Room | 10–12 | 90 m² | $760,000 |
| 2021-07 | 5-Room | 19–21 | 110 m² | $938,000 |
Jalan Membina blocks ranked by price
Showing the top 15 of 17 priced blocks.
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Quick answers
How much does a flat at Blk 23 Jalan Membina cost?
The median resale price over the last 24 months is $1,115,000 (9 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 23 Jalan Membina fairly priced?
For a typical 4-room flat here, our price model estimates $792,554–$886,053 (central estimate $839,304). Recent sales — median $929,829 — sit above that range.
What is the rent at Blk 23 Jalan Membina?
The median monthly rent is $4,150/mo over the last 12 months (10 contracts).
How old is Blk 23 Jalan Membina?
The block was completed in 2001 and its 99-year lease runs from 2003.