Block 116 Bukit Merah Central
Block 116 Bukit Merah Central has 17 recorded HDB resale transactions since 2017. Latest sale: $718,000 (Apr 2025, 5 room, floors 19–21). Median $5,368/sqm. Prices up 12.9% over the past five years. Built 1977, 51 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 5-Room | $4,000 typically $4,000–$4,000 | 6.8% | 5 rentals here |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 116 Bukit Merah Central in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Apr 2025 | 19 TO 21 | 5 ROOM | 117 sqm | $718,000 | $6,137 |
| Jan 2025 | 07 TO 09 | 5 ROOM | 117 sqm | $688,000 | $5,880 |
| Apr 2024 | 16 TO 18 | 5 ROOM | 117 sqm | $708,000 | $6,051 |
| Jan 2024 | 13 TO 15 | 5 ROOM | 117 sqm | $680,000 | $5,812 |
| Jun 2022 | 25 TO 27 | 5 ROOM | 117 sqm | $725,000 | $6,197 |
| Feb 2022 | 19 TO 21 | 5 ROOM | 117 sqm | $675,000 | $5,769 |
| Sep 2021 | 13 TO 15 | 5 ROOM | 117 sqm | $638,000 | $5,453 |
| Jul 2021 | 01 TO 03 | 5 ROOM | 117 sqm | $520,000 | $4,444 |
| Jan 2021 | 16 TO 18 | 5 ROOM | 117 sqm | $620,000 | $5,299 |
| Jan 2021 | 22 TO 24 | 5 ROOM | 117 sqm | $625,000 | $5,342 |
| Aug 2020 | 04 TO 06 | 5 ROOM | 121 sqm | $523,888 | $4,330 |
| Sep 2019 | 16 TO 18 | 5 ROOM | 117 sqm | $610,000 | $5,214 |
| May 2019 | 16 TO 18 | 5 ROOM | 117 sqm | $560,000 | $4,786 |
| Jan 2019 | 19 TO 21 | 5 ROOM | 121 sqm | $615,000 | $5,083 |
| Nov 2018 | 04 TO 06 | 5 ROOM | 117 sqm | $500,000 | $4,274 |
| Jul 2018 | 22 TO 24 | 5 ROOM | 117 sqm | $628,000 | $5,368 |
| Apr 2018 | 22 TO 24 | 5 ROOM | 117 sqm | $632,000 | $5,402 |
About Block 116 Bukit Merah Central
Block 116 Bukit Merah Central in Bukit Merah dates to 1977 and now has roughly 51 years of lease remaining, which makes lease decay the central consideration for buyers. Its $628,000 median tracks close to the Bukit Merah town median. It has a relatively light resale record, with 17 transactions since 2017 across 5 room flats priced from $500,000 to $725,000. The most recent transaction was a 5 room flat on storeys 19 TO 21 at $718,000 in Apr 2025, and the median works out to $5,368/sqm. Over five years, prices here are up about 12.9%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 116 Bukit Merah Central worth?
The most recent resale transaction at Block 116 Bukit Merah Central was $718,000 for a 5 room flat in 2025-04. The median price per square metre across all flat types is $5,368, based on 17 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 116 Bukit Merah Central?
Block 116 Bukit Merah Central was built in 1977 and has approximately 51 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.71%, meaning the leasehold value decreases by approximately 0.71% per year at the current remaining lease.
What flat types are available at Block 116 Bukit Merah Central?
Block 116 Bukit Merah Central in Bukit Merah contains 5 room flats. Resale prices range from $500,000 to $725,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 116 Bukit Merah Central gone up or down?
Resale prices at Block 116 Bukit Merah Central have increased by approximately 12.9% over the past five years. The current median price is $628,000, with the most recent sale at $718,000 in 2025-04.