Blk 87 Redhill Close — HDB resale prices
HDB resale prices, Bukit Merah · 5-Room · built 1993
median resale price, last 24 months
6 sales in that window · as of Sep 2026
How it compares
Blk 87 Redhill Close is an HDB block in Bukit Merah (completed in 1993, 25 storeys, 114 units). As of Sep 2026, its median resale price over the last 24 months is $1,220,000, about 54% above the Bukit Merah median, from 6 sales. 118 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 5-room ×114
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $5,050/mo (8 rental contracts, last 12 months).
Estimated gross rental yield: ~5.0% (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 31% of Bukit Merah blocks with recent sales.
What the price model says
For a typical 5-room flat here, our price model estimates $947,076–$1,058,803 (central estimate $1,002,939). Recent sales — median $1,024,878 — 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 |
|---|---|---|---|
| 1998 | $502,500 | $803,852 | 8 |
| 1999 | $500,000 | $799,662 | 29 |
| 2000 | $530,000 | $836,361 | 5 |
| 2001 | $501,500 | $783,447 | 4 |
| 2002 | $512,000 | $802,996 | 7 |
| 2003 | $468,000 | $730,423 | 5 |
| 2004 | $455,000 | $698,455 | 5 |
| 2005 | $467,500 | $714,264 | 4 |
| 2006 | $476,000 | $720,293 | 8 |
| 2007 | $530,000 | $785,433 | 3 |
| 2008 | $610,000 | $847,738 | 5 |
| 2009 | $638,500 | $882,157 | 4 |
| 2010 | $750,000 | $1,007,700 | 1 |
| 2011 | $860,488 | $1,098,463 | 1 |
| 2014 | $840,000 | $991,409 | 3 |
| 2015 | $868,000 | $1,029,840 | 2 |
| 2017 | $823,000 | $976,014 | 3 |
| 2018 | $890,000 | $1,050,864 | 3 |
| 2019 | $877,500 | $1,030,257 | 2 |
| 2020 | $858,000 | $1,009,101 | 3 |
| 2022 | $900,000 | $974,772 | 4 |
| 2023 | $978,500 | $1,010,931 | 2 |
| 2024 | $1,028,000 | $1,037,283 | 1 |
| 2025 | $1,230,000 | $1,230,000 | 4 |
| 2026 | $1,115,000 | $1,115,000 | 2 |
Records
| Record sale | $1,260,000 (5-Room, 2025-11) |
|---|---|
| First recorded sale | $480,000 (1998-11) |
| Busiest year | 1999 · 29 sales |
| Total transacted | $73.4M across 118 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-05 | 5-Room | 01–03 | 129 m² | $1,000,000 |
| 2026-03 | 5-Room | 07–09 | 132 m² | $1,230,000 |
| 2025-11 | 5-Room | 10–12 | 132 m² | $1,260,000 |
| 2025-09 | 5-Room | 10–12 | 137 m² | $1,250,000 |
| 2025-06 | 5-Room | 10–12 | 137 m² | $1,210,000 |
| 2025-05 | 5-Room | 13–15 | 132 m² | $1,180,000 |
| 2024-05 | 5-Room | 16–18 | 126 m² | $1,028,000 |
| 2023-10 | 5-Room | 10–12 | 126 m² | $992,000 |
| 2023-09 | 5-Room | 16–18 | 126 m² | $965,000 |
| 2022-08 | 5-Room | 04–06 | 129 m² | $912,000 |
| 2022-03 | 5-Room | 19–21 | 129 m² | $945,000 |
| 2022-01 | 5-Room | 19–21 | 126 m² | $888,000 |
| 2022-01 | 5-Room | 04–06 | 126 m² | $858,888 |
| 2020-08 | 5-Room | 16–18 | 137 m² | $891,000 |
| 2020-08 | 5-Room | 07–09 | 132 m² | $858,000 |
| 2020-01 | 5-Room | 07–09 | 126 m² | $830,000 |
| 2019-10 | 5-Room | 19–21 | 137 m² | $895,000 |
| 2019-03 | 5-Room | 04–06 | 137 m² | $860,000 |
| 2018-07 | 5-Room | 16–18 | 126 m² | $890,000 |
| 2018-05 | 5-Room | 16–18 | 126 m² | $890,000 |
Redhill Close blocks ranked by price
More blocks on Redhill Close
Quick answers
How much does a flat at Blk 87 Redhill Close cost?
The median resale price over the last 24 months is $1,220,000 (6 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 87 Redhill Close fairly priced?
For a typical 5-room flat here, our price model estimates $947,076–$1,058,803 (central estimate $1,002,939). Recent sales — median $1,024,878 — sit within that range.
What is the rent at Blk 87 Redhill Close?
The median monthly rent is $5,050/mo over the last 12 months (8 contracts).
How old is Blk 87 Redhill Close?
The block was completed in 1993 and its 99-year lease runs from 1995.