Blk 18 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 $338,000, about 60% below the Bukit Merah median, from 2 sales. 72 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 | 72 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $338,000 | $6,259/m² | 2 |
Median monthly rent at this block: $2,550/mo (6 rental contracts, last 12 months).
Estimated gross rental yield: ~9.1% (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 79% of Bukit Merah blocks with recent sales.
For a typical 3-room flat here, our price model estimates $328,524–$367,502 (central estimate $348,013). Recent sales — median $341,422 — 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 | $32,000 | $59,908 | 1 |
| 1991 | $21,750 | $39,364 | 2 |
| 1992 | $30,000 | $53,104 | 1 |
| 1993 | $41,000 | $70,950 | 4 |
| 1995 | $111,500 | $183,985 | 2 |
| 1996 | $116,000 | $188,805 | 3 |
| 1997 | $188,000 | $299,927 | 3 |
| 1998 | $130,000 | $207,962 | 5 |
| 1999 | $108,500 | $173,527 | 2 |
| 2000 | $131,500 | $207,512 | 4 |
| 2001 | $117,000 | $182,778 | 3 |
| 2002 | $124,400 | $195,103 | 2 |
| 2003 | $93,000 | $145,148 | 3 |
| 2004 | $130,650 | $200,556 | 2 |
| 2005 | $137,000 | $209,314 | 2 |
| 2006 | $161,000 | $243,628 | 3 |
| 2007 | $160,000 | $237,112 | 3 |
| 2008 | $247,500 | $343,959 | 2 |
| 2009 | $235,000 | $324,678 | 6 |
| 2010 | $291,000 | $390,988 | 3 |
| 2011 | $333,500 | $425,732 | 2 |
| 2012 | $350,000 | $427,224 | 1 |
| 2013 | $315,000 | $375,623 | 2 |
| 2015 | $238,000 | $282,376 | 1 |
| 2016 | $358,000 | $427,009 | 1 |
| 2017 | $405,000 | $480,298 | 1 |
| 2018 | $302,500 | $357,176 | 2 |
| 2019 | $308,000 | $361,617 | 1 |
| 2020 | $240,000 | $282,266 | 1 |
| 2021 | $299,998 | $344,843 | 1 |
| 2022 | $342,000 | $370,413 | 1 |
| 2025 | $338,000 | $338,000 | 1 |
| 2026 | $338,000 | $338,000 | 1 |
| Record sale | $405,000 (3-Room, 2017-05) |
|---|---|
| First recorded sale | $32,000 (1990-01) |
| Busiest year | 2009 · 6 sales |
| 10-year change (real) | -21% (-2.3%/yr, 2016→2026) |
| Total transacted | $13.0M across 72 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-04 | 3-Room | 07 TO 09 | 54 | $338,000 |
| 2025-12 | 3-Room | 01 TO 03 | 54 | $338,000 |
| 2022-09 | 3-Room | 04 TO 06 | 54 | $342,000 |
| 2021-10 | 3-Room | 07 TO 09 | 54 | $299,998 |
| 2020-08 | 3-Room | 04 TO 06 | 54 | $240,000 |
| 2019-04 | 3-Room | 04 TO 06 | 66 | $308,000 |
| 2018-02 | 3-Room | 01 TO 03 | 54 | $295,000 |
| 2018-01 | 3-Room | 01 TO 03 | 54 | $310,000 |
| 2017-05 | 3-Room | 07 TO 09 | 54 | $405,000 |
| 2016-07 | 3-Room | 07 TO 09 | 54 | $358,000 |
| 2015-11 | 2-Room | 01 TO 03 | 49 | $238,000 |
| 2013-10 | 3-Room | 04 TO 06 | 54 | $338,000 |
| 2013-08 | 2-Room | 01 TO 03 | 49 | $292,000 |
| 2012-11 | 3-Room | 07 TO 09 | 54 | $350,000 |
| 2011-08 | 3-Room | 07 TO 09 | 54 | $330,000 |
| 2011-07 | 3-Room | 07 TO 09 | 54 | $337,000 |
| 2010-08 | 3-Room | 07 TO 09 | 54 | $291,000 |
| 2010-07 | 3-Room | 07 TO 09 | 54 | $310,000 |
| 2010-06 | 2-Room | 07 TO 09 | 49 | $220,000 |
| 2009-12 | 3-Room | 01 TO 03 | 54 | $223,000 |
| 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 $338,000 (2 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 $328,524–$367,502 (central estimate $348,013). Recent sales — median $341,422 — sit within that range.
The median monthly rent is $2,550/mo over the last 12 months (6 contracts).
The block was completed in 1963 and its 99-year lease runs from 1970.