Blk 38 Telok Blangah Rise — HDB resale prices
HDB resale prices, Bukit Merah · built 1975
last recorded sale · Jul 2024
no resale here in the 24 months to Sep 2026
Blk 38 Telok Blangah Rise is an HDB block in Bukit Merah (completed in 1975, 4 storeys, 28 units). 43 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×28
Median monthly rent at this block: $2,060/mo (5 rental contracts, last 12 months).
What the price model says
For a typical 3-room flat here, our price model estimates $361,633–$404,296 (central estimate $382,964). Recent sales — median $319,358 — sit below 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 |
|---|---|---|---|
| 2000 | $127,000 | $200,411 | 2 |
| 2001 | $110,000 | $171,843 | 3 |
| 2002 | $108,000 | $169,382 | 3 |
| 2003 | $158,000 | $246,596 | 2 |
| 2004 | $148,000 | $227,190 | 2 |
| 2005 | $124,000 | $189,452 | 5 |
| 2006 | $135,000 | $204,285 | 2 |
| 2007 | $146,000 | $216,365 | 3 |
| 2008 | $190,000 | $264,049 | 1 |
| 2009 | $216,000 | $298,427 | 7 |
| 2010 | $240,000 | $322,464 | 1 |
| 2011 | $295,000 | $376,585 | 1 |
| 2012 | $315,000 | $384,502 | 3 |
| 2013 | $349,000 | $416,166 | 2 |
| 2014 | $310,000 | $365,877 | 1 |
| 2015 | $358,000 | $424,750 | 1 |
| 2016 | $321,888 | $383,936 | 1 |
| 2018 | $260,000 | $306,994 | 1 |
| 2024 | $316,500 | $319,358 | 2 |
Records
| Record sale | $363,000 (3-Room, 2013-03) |
|---|---|
| First recorded sale | $129,000 (2000-03) |
| Busiest year | 2009 · 7 sales |
| 10-year change (real) | -13% (-1.4%/yr, 2014→2024) |
| Total transacted | $8.6M across 43 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2024-07 | 3-Room | 04–06 | 60 m² | $300,000 |
| 2024-02 | 3-Room | 01–03 | 60 m² | $333,000 |
| 2018-09 | 3-Room | 01–03 | 60 m² | $260,000 |
| 2016-08 | 3-Room | 04–06 | 60 m² | $321,888 |
| 2015-12 | 3-Room | 01–03 | 71 m² | $358,000 |
| 2014-09 | 3-Room | 01–03 | 60 m² | $310,000 |
| 2013-11 | 3-Room | 04–06 | 60 m² | $335,000 |
| 2013-03 | 3-Room | 04–06 | 60 m² | $363,000 |
| 2012-11 | 3-Room | 04–06 | 60 m² | $326,000 |
| 2012-06 | 3-Room | 01–03 | 60 m² | $302,000 |
| 2012-02 | 3-Room | 04–06 | 60 m² | $315,000 |
| 2011-03 | 3-Room | 01–03 | 60 m² | $295,000 |
| 2010-03 | 3-Room | 04–06 | 60 m² | $240,000 |
| 2009-10 | 3-Room | 01–03 | 71 m² | $246,000 |
| 2009-07 | 3-Room | 04–06 | 60 m² | $221,000 |
| 2009-07 | 3-Room | 04–06 | 60 m² | $220,000 |
| 2009-07 | 3-Room | 01–03 | 60 m² | $208,000 |
| 2009-06 | 3-Room | 01–03 | 60 m² | $210,000 |
| 2009-04 | 3-Room | 01–03 | 60 m² | $216,000 |
| 2009-03 | 3-Room | 04–06 | 60 m² | $203,000 |
Telok Blangah Rise blocks ranked by price
More blocks on Telok Blangah Rise
Quick answers
Is Blk 38 Telok Blangah Rise fairly priced?
For a typical 3-room flat here, our price model estimates $361,633–$404,296 (central estimate $382,964). Recent sales — median $319,358 — sit below that range.
What is the rent at Blk 38 Telok Blangah Rise?
The median monthly rent is $2,060/mo over the last 12 months (5 contracts).
How old is Blk 38 Telok Blangah Rise?
The block was completed in 1975 and its 99-year lease runs from 1976.