Blk 48 Moh Guan Ter is an HDB block in Bukit Merah (completed in 1949, 4 storeys, 15 units). As of Jul 2026, its median resale price over the last 24 months is $578,000, about 32% below the Bukit Merah median, from 1 sales. 26 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Merah |
|---|---|
| Completed | 1949 |
| Lease from | 1973 |
| Storeys | 4 |
| Dwelling units | 15 |
| Unit mix (sold) | 2-room ×8 · 3-room ×7 |
| Recorded resales | 26 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 2-Room | $578,000 | $8,627/m² | 1 |
Median monthly rent at this block: $4,000/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~8.3% (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 34% of Bukit Merah blocks with recent sales.
For a typical 2-room flat here, our price model estimates $374,533–$418,970 (central estimate $396,751). 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.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-06 | 2-Room | 01 TO 03 | 67 | $578,000 |
| 2022-06 | 2-Room | 01 TO 03 | 44 | $432,000 |
| 2022-03 | 2-Room | 01 TO 03 | 64 | $560,000 |
| 2021-12 | 3-Room | 04 TO 06 | 77 | $640,000 |
| 2021-11 | 3-Room | 04 TO 06 | 77 | $640,000 |
| 2021-08 | 3-Room | 01 TO 03 | 77 | $628,000 |
| 2019-02 | 3-Room | 01 TO 03 | 77 | $606,000 |
| 2016-07 | 3-Room | 01 TO 03 | 77 | $630,000 |
| 2015-05 | 3-Room | 01 TO 03 | 60 | $613,000 |
| 2011-08 | 2-Room | 01 TO 03 | 64 | $480,000 |
| 2011-08 | 3-Room | 01 TO 03 | 77 | $550,000 |
| 2010-04 | 2-Room | 01 TO 03 | 45 | $280,000 |
| 2009-10 | 2-Room | 01 TO 03 | 67 | $333,000 |
| 2009-05 | 3-Room | 04 TO 06 | 77 | $408,000 |
| 2009-02 | 3-Room | 04 TO 06 | 77 | $410,000 |
| 2004-12 | 2-Room | 01 TO 03 | 64 | $148,000 |
| 2004-01 | 3-Room | 01 TO 03 | 77 | $270,000 |
| 2000-11 | 3-Room | 04 TO 06 | 77 | $198,000 |
| 1999-08 | 2-Room | 01 TO 03 | 45 | $70,000 |
| 1999-06 | 3-Room | 04 TO 06 | 77 | $198,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 50 | $777,000 | $10,200/m² |
| 2. Blk 44 | $618,888 | $10,315/m² |
| 3. Blk 48 | $578,000 | $8,627/m² |
| 4. Blk 47 | $449,888 | $9,780/m² |
The median resale price over the last 24 months is $578,000 (1 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 2-room flat here, our price model estimates $374,533–$418,970 (central estimate $396,751). Recent sales — median $578,000 — sit above that range.
The median monthly rent is $4,000/mo over the last 12 months (1 contracts).
The block was completed in 1949 and its 99-year lease runs from 1973.