Blk 12 Taman Ho Swee is an HDB block in Bukit Merah (completed in 1963, 9 storeys, 79 units). As of Jul 2026, its median resale price over the last 24 months is $367,000, about 57% below the Bukit Merah median, from 4 sales. 79 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Merah |
|---|---|
| Completed | 1963 |
| Lease from | 1970 |
| Storeys | 9 |
| Dwelling units | 79 |
| Unit mix (sold) | 2-room ×9 · 3-room ×67 · 4-room ×2 |
| Recorded resales | 79 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 2-Room | $280,000 | $5,714/m² | 1 |
| 3-Room | $368,000 | $6,778/m² | 3 |
Median monthly rent at this block: $3,200/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~10.5% (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 80% of Bukit Merah blocks with recent sales.
For a typical 3-room flat here, our price model estimates $323,414–$361,785 (central estimate $342,600). Recent sales — median $344,846 — sit within 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 | $26,400 | $49,424 | 3 |
| 1991 | $26,000 | $47,056 | 1 |
| 1992 | $26,460 | $46,838 | 3 |
| 1993 | $75,000 | $129,787 | 1 |
| 1994 | $84,000 | $140,999 | 1 |
| 1995 | $80,000 | $132,007 | 2 |
| 1996 | $112,000 | $182,294 | 2 |
| 1997 | $175,000 | $279,187 | 3 |
| 1998 | $116,500 | $186,366 | 2 |
| 1999 | $125,000 | $199,916 | 6 |
| 2000 | $80,000 | $126,243 | 2 |
| 2001 | $115,000 | $179,654 | 5 |
| 2002 | $117,500 | $184,281 | 2 |
| 2003 | $108,000 | $168,559 | 2 |
| 2004 | $140,000 | $214,909 | 1 |
| 2005 | $146,000 | $223,064 | 2 |
| 2006 | $152,500 | $230,766 | 2 |
| 2007 | $155,000 | $229,702 | 1 |
| 2008 | $204,000 | $283,506 | 2 |
| 2009 | $215,000 | $297,046 | 5 |
| 2010 | $238,000 | $319,777 | 1 |
| 2011 | $303,000 | $386,797 | 1 |
| 2012 | $379,444 | $463,165 | 4 |
| 2013 | $357,000 | $425,706 | 1 |
| 2014 | $348,000 | $410,727 | 1 |
| 2016 | $272,500 | $325,028 | 2 |
| 2017 | $312,000 | $370,008 | 1 |
| 2018 | $289,000 | $341,236 | 2 |
| 2019 | $287,500 | $337,549 | 2 |
| 2020 | $265,000 | $311,669 | 5 |
| 2021 | $279,000 | $320,706 | 2 |
| 2022 | $334,000 | $361,749 | 2 |
| 2024 | $310,000 | $312,799 | 3 |
| 2025 | $366,000 | $366,000 | 1 |
| 2026 | $368,000 | $368,000 | 3 |
| Record sale | $406,000 (3-Room, 2012-08) |
|---|---|
| First recorded sale | $28,000 (1990-02) |
| Busiest year | 1999 · 6 sales |
| 10-year change (real) | +13% (+1.2%/yr, 2016→2026) |
| Total transacted | $15.3M across 79 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-05 | 2-Room | 07 TO 09 | 49 | $280,000 |
| 2026-05 | 3-Room | 07 TO 09 | 54 | $368,000 |
| 2026-01 | 3-Room | 04 TO 06 | 66 | $375,000 |
| 2025-06 | 3-Room | 07 TO 09 | 54 | $366,000 |
| 2024-07 | 2-Room | 04 TO 06 | 49 | $315,888 |
| 2024-05 | 3-Room | 07 TO 09 | 54 | $310,000 |
| 2024-01 | 3-Room | 04 TO 06 | 54 | $305,000 |
| 2022-09 | 3-Room | 04 TO 06 | 54 | $310,000 |
| 2022-08 | 3-Room | 01 TO 03 | 66 | $358,000 |
| 2021-12 | 3-Room | 04 TO 06 | 54 | $300,000 |
| 2021-08 | 3-Room | 04 TO 06 | 54 | $258,000 |
| 2020-10 | 3-Room | 07 TO 09 | 54 | $290,000 |
| 2020-09 | 3-Room | 07 TO 09 | 54 | $265,000 |
| 2020-07 | 3-Room | 01 TO 03 | 54 | $230,000 |
| 2020-06 | 3-Room | 04 TO 06 | 54 | $245,000 |
| 2020-04 | 3-Room | 07 TO 09 | 54 | $267,000 |
| 2019-06 | 3-Room | 07 TO 09 | 54 | $300,000 |
| 2019-06 | 3-Room | 01 TO 03 | 54 | $275,000 |
| 2018-10 | 3-Room | 01 TO 03 | 54 | $290,000 |
| 2018-04 | 3-Room | 01 TO 03 | 54 | $288,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 12 | $367,000 | $6,246/m² |
| 2. Blk 16 | $358,000 | $6,630/m² |
| 3. Blk 14 | $349,000 | $6,463/m² |
| 4. Blk 18 | $338,000 | $6,259/m² |
The median resale price over the last 24 months is $367,000 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $323,414–$361,785 (central estimate $342,600). Recent sales — median $344,846 — sit within that range.
The median monthly rent is $3,200/mo over the last 12 months (3 contracts).
The block was completed in 1963 and its 99-year lease runs from 1970.