Block 115 Bukit Merah Central

5 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$694,388
Jan 2026 · 5 ROOM · #07-09
Median $/sqm
$5,470
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +21.4%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 50 years remaining 99 years
50 years 11 months
Remaining lease
↓ 0.73%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.73%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 07 TO 09 5 ROOM 117 sqm $694,388 $5,935
May 2025 16 TO 18 5 ROOM 117 sqm $685,000 $5,855
Dec 2024 10 TO 12 5 ROOM 117 sqm $670,000 $5,726
May 2024 04 TO 06 5 ROOM 117 sqm $655,000 $5,598
Jan 2024 22 TO 24 5 ROOM 117 sqm $720,000 $6,154
Aug 2023 13 TO 15 5 ROOM 117 sqm $715,000 $6,111
Jul 2022 22 TO 24 5 ROOM 117 sqm $700,000 $5,983
May 2022 13 TO 15 5 ROOM 117 sqm $660,000 $5,641
Feb 2021 07 TO 09 5 ROOM 117 sqm $568,000 $4,855
Dec 2020 07 TO 09 5 ROOM 121 sqm $573,000 $4,736
Nov 2020 04 TO 06 5 ROOM 117 sqm $560,000 $4,786
May 2020 07 TO 09 5 ROOM 117 sqm $570,000 $4,872
Nov 2019 16 TO 18 5 ROOM 117 sqm $600,000 $5,128
May 2019 22 TO 24 5 ROOM 117 sqm $590,000 $5,043
Dec 2018 19 TO 21 5 ROOM 117 sqm $600,000 $5,128
Jun 2017 01 TO 03 5 ROOM 117 sqm $618,000 $5,282
Apr 2017 13 TO 15 5 ROOM 117 sqm $640,000 $5,470
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 115 Bukit Merah Central

Block 115 at Bukit Merah Central is a residential HDB block in Bukit Merah, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $560,000 to $720,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $694,388 in 2026-01. The current median price per square metre is $5,470. Over the past five years, resale prices at this block have increased by approximately 21.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8265, with an annual lease decay rate of approximately 0.73%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 115 Bukit Merah Central worth?

The most recent resale transaction at Block 115 Bukit Merah Central was $694,388 for a 5 room flat in 2026-01. The median price per square metre across all flat types is $5,470, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 115 Bukit Merah Central?

Block 115 Bukit Merah Central was built in 1977 and has approximately 50 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.73%, meaning the leasehold value decreases by approximately 0.73% per year at the current remaining lease.

What flat types are available at Block 115 Bukit Merah Central?

Block 115 Bukit Merah Central in Bukit Merah contains 5 room flats. Resale prices range from $560,000 to $720,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 115 Bukit Merah Central gone up or down?

Resale prices at Block 115 Bukit Merah Central have increased by approximately 21.4% over the past five years. The current median price is $640,000, with the most recent sale at $694,388 in 2026-01.

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