Blk 16 Taman Ho Swee — HDB resale prices
HDB resale prices, Bukit Merah · 2-Room, 3-Room · built 1963
median resale price, last 24 months
5 sales in that window · as of Sep 2026
How it compares
Blk 16 Taman Ho Swee is an HDB block in Bukit Merah (completed in 1963, 9 storeys, 78 units). As of Sep 2026, its median resale price over the last 24 months is $358,000, about 55% below the Bukit Merah median, from 5 sales. 90 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 2-room ×9 · 3-room ×66 · 4-room ×3
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,550/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~8.5% (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 68% of Bukit Merah blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $332,461–$371,682 (central estimate $352,071). Recent sales — median $346,586 — 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 |
|---|---|---|---|
| 1990 | $23,000 | $43,059 | 2 |
| 1991 | $20,000 | $36,197 | 1 |
| 1993 | $68,000 | $117,673 | 1 |
| 1994 | $73,000 | $122,535 | 3 |
| 1995 | $97,000 | $160,059 | 5 |
| 1996 | $109,000 | $177,411 | 2 |
| 1997 | $168,500 | $268,817 | 4 |
| 1998 | $139,500 | $223,159 | 8 |
| 1999 | $155,000 | $247,895 | 1 |
| 2000 | $155,000 | $244,596 | 3 |
| 2001 | $127,000 | $198,400 | 3 |
| 2002 | $122,000 | $191,339 | 4 |
| 2003 | $118,500 | $184,947 | 4 |
| 2004 | $151,000 | $231,795 | 2 |
| 2005 | $152,000 | $232,231 | 5 |
| 2006 | $160,500 | $242,872 | 2 |
| 2007 | $183,000 | $271,197 | 2 |
| 2008 | $217,000 | $301,572 | 3 |
| 2009 | $230,000 | $317,770 | 3 |
| 2010 | $301,000 | $404,424 | 3 |
| 2011 | $340,000 | $434,030 | 3 |
| 2012 | $353,500 | $431,496 | 2 |
| 2013 | $347,000 | $413,781 | 3 |
| 2015 | $348,000 | $412,885 | 2 |
| 2017 | $310,000 | $367,636 | 3 |
| 2018 | $308,800 | $364,614 | 1 |
| 2019 | $295,000 | $346,354 | 2 |
| 2020 | $210,000 | $246,983 | 1 |
| 2021 | $304,000 | $349,444 | 2 |
| 2022 | $275,000 | $297,847 | 3 |
| 2023 | $325,000 | $335,772 | 1 |
| 2024 | $340,000 | $343,070 | 3 |
| 2025 | $359,000 | $359,000 | 2 |
| 2026 | $405,000 | $405,000 | 1 |
Records
| Record sale | $405,000 (3-Room, 2026-01) |
|---|---|
| First recorded sale | $26,000 (1990-04) |
| Busiest year | 1998 · 8 sales |
| Total transacted | $18.0M across 90 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-01 | 3-Room | 04–06 | 66 m² | $405,000 |
| 2025-04 | 3-Room | 07–09 | 54 m² | $360,000 |
| 2025-01 | 3-Room | 07–09 | 54 m² | $358,000 |
| 2024-11 | 3-Room | 01–03 | 54 m² | $340,000 |
| 2024-11 | 2-Room | 01–03 | 49 m² | $325,000 |
| 2024-06 | 3-Room | 01–03 | 54 m² | $348,888 |
| 2023-03 | 3-Room | 04–06 | 54 m² | $325,000 |
| 2022-11 | 3-Room | 04–06 | 54 m² | $320,000 |
| 2022-03 | 3-Room | 07–09 | 54 m² | $275,000 |
| 2022-03 | 3-Room | 01–03 | 54 m² | $230,000 |
| 2021-01 | 3-Room | 01–03 | 66 m² | $345,000 |
| 2021-01 | 3-Room | 04–06 | 54 m² | $263,000 |
| 2020-09 | 2-Room | 04–06 | 49 m² | $210,000 |
| 2019-05 | 3-Room | 07–09 | 54 m² | $315,000 |
| 2019-01 | 3-Room | 01–03 | 54 m² | $275,000 |
| 2018-06 | 3-Room | 01–03 | 54 m² | $308,800 |
| 2017-07 | 3-Room | 01–03 | 54 m² | $346,000 |
| 2017-07 | 3-Room | 04–06 | 54 m² | $310,000 |
| 2017-01 | 3-Room | 04–06 | 54 m² | $300,000 |
| 2015-12 | 3-Room | 04–06 | 54 m² | $350,000 |
Taman Ho Swee blocks ranked by price
More blocks on Taman Ho Swee
Quick answers
How much does a flat at Blk 16 Taman Ho Swee cost?
The median resale price over the last 24 months is $358,000 (5 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 16 Taman Ho Swee fairly priced?
For a typical 3-room flat here, our price model estimates $332,461–$371,682 (central estimate $352,071). Recent sales — median $346,586 — sit within that range.
What is the rent at Blk 16 Taman Ho Swee?
The median monthly rent is $2,550/mo over the last 12 months (2 contracts).
How old is Blk 16 Taman Ho Swee?
The block was completed in 1963 and its 99-year lease runs from 1970.