Blk 48 Moh Guan Terrace — HDB resale prices
HDB resale prices, Bukit Merah · 2-Room · built 1949
median resale price, last 24 months
1 sale in that window · as of Sep 2026
How it compares
Blk 48 Moh Guan Terrace is an HDB block in Bukit Merah (completed in 1949, 4 storeys, 15 units). As of Sep 2026, its median resale price over the last 24 months is $578,000, about 27% below the Bukit Merah median, from 1 sales. 26 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 2-room ×8 · 3-room ×7
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,750/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~7.8% (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 36% of Bukit Merah blocks with recent sales.
What the price model says
For a typical 2-room flat here, our price model estimates $375,718–$420,042 (central estimate $397,880). Recent sales — median $578,000 — 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 |
|---|---|---|---|
| 1990 | $30,000 | $56,163 | 1 |
| 1996 | $79,500 | $129,396 | 2 |
| 1998 | $132,000 | $211,161 | 3 |
| 1999 | $134,000 | $214,310 | 2 |
| 2000 | $198,000 | $312,452 | 1 |
| 2004 | $209,000 | $320,829 | 2 |
| 2009 | $408,000 | $563,696 | 3 |
| 2010 | $280,000 | $376,208 | 1 |
| 2011 | $515,000 | $657,428 | 2 |
| 2015 | $613,000 | $727,295 | 1 |
| 2016 | $630,000 | $751,441 | 1 |
| 2019 | $606,000 | $711,494 | 1 |
| 2021 | $640,000 | $735,671 | 3 |
| 2022 | $496,000 | $537,208 | 2 |
| 2025 | $578,000 | $578,000 | 1 |
Records
| Record sale | $640,000 (3-Room, 2021-12) |
|---|---|
| First recorded sale | $30,000 (1990-03) |
| Busiest year | 1998 · 3 sales |
| 10-year change (real) | -21% (-2.3%/yr, 2015→2025) |
| Total transacted | $9.3M across 26 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-06 | 2-Room | 01–03 | 67 m² | $578,000 |
| 2022-06 | 2-Room | 01–03 | 44 m² | $432,000 |
| 2022-03 | 2-Room | 01–03 | 64 m² | $560,000 |
| 2021-12 | 3-Room | 04–06 | 77 m² | $640,000 |
| 2021-11 | 3-Room | 04–06 | 77 m² | $640,000 |
| 2021-08 | 3-Room | 01–03 | 77 m² | $628,000 |
| 2019-02 | 3-Room | 01–03 | 77 m² | $606,000 |
| 2016-07 | 3-Room | 01–03 | 77 m² | $630,000 |
| 2015-05 | 3-Room | 01–03 | 60 m² | $613,000 |
| 2011-08 | 3-Room | 01–03 | 77 m² | $550,000 |
| 2011-08 | 2-Room | 01–03 | 64 m² | $480,000 |
| 2010-04 | 2-Room | 01–03 | 45 m² | $280,000 |
| 2009-10 | 2-Room | 01–03 | 67 m² | $333,000 |
| 2009-05 | 3-Room | 04–06 | 77 m² | $408,000 |
| 2009-02 | 3-Room | 04–06 | 77 m² | $410,000 |
| 2004-12 | 2-Room | 01–03 | 64 m² | $148,000 |
| 2004-01 | 3-Room | 01–03 | 77 m² | $270,000 |
| 2000-11 | 3-Room | 04–06 | 77 m² | $198,000 |
| 1999-08 | 2-Room | 01–03 | 45 m² | $70,000 |
| 1999-06 | 3-Room | 04–06 | 77 m² | $198,000 |
Moh Guan Terrace blocks ranked by price
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Quick answers
How much does a flat at Blk 48 Moh Guan Terrace cost?
The median resale price over the last 24 months is $578,000 (1 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 48 Moh Guan Terrace fairly priced?
For a typical 2-room flat here, our price model estimates $375,718–$420,042 (central estimate $397,880). Recent sales — median $578,000 — sit above that range.
What is the rent at Blk 48 Moh Guan Terrace?
The median monthly rent is $3,750/mo over the last 12 months (2 contracts).
How old is Blk 48 Moh Guan Terrace?
The block was completed in 1949 and its 99-year lease runs from 1973.