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Block 117 Bukit Merah Central

5 Room · Built 1977 · 50 years remaining lease · Updated Apr 2026 MOP Cleared

Block 117 Bukit Merah Central has 14 recorded HDB resale transactions since 2017. Latest sale: $728,800 (Apr 2026, 5 room, floors 25–27). Median $5,205/sqm. Built 1977, 50 years lease remaining.

Latest Sale
$728,800
Apr 2026 · 5 ROOM · Floor 25-27
Median $/sqm
$5,205
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 55%
#199 / 360 Top 55%
Latest Sale ?
Top 51%
#185 / 360 Top 51%
Value ($/sqm) ?
Top 89%
#319 / 360 Top 89%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.74%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 50 years remaining 99 years
50 years 8 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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 $4,200 typically $4,200–$4,200 6.9% 5 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 117 Bukit Merah Central in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Merah
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 25 TO 27 5 ROOM 117 sqm $728,800 $6,229
Nov 2024 13 TO 15 5 ROOM 117 sqm $718,000 $6,137
Mar 2023 07 TO 09 5 ROOM 117 sqm $670,000 $5,726
Nov 2022 13 TO 15 5 ROOM 117 sqm $665,000 $5,684
Oct 2022 19 TO 21 5 ROOM 117 sqm $760,000 $6,496
Aug 2019 04 TO 06 5 ROOM 121 sqm $570,000 $4,711
Jul 2019 22 TO 24 5 ROOM 117 sqm $650,000 $5,556
Apr 2019 04 TO 06 5 ROOM 117 sqm $540,000 $4,615
Oct 2018 16 TO 18 5 ROOM 117 sqm $590,000 $5,043
Aug 2018 19 TO 21 5 ROOM 117 sqm $600,000 $5,128
Dec 2017 04 TO 06 5 ROOM 117 sqm $575,000 $4,915
Nov 2017 04 TO 06 5 ROOM 117 sqm $618,000 $5,282
Oct 2017 07 TO 09 5 ROOM 117 sqm $580,000 $4,957
Mar 2017 13 TO 15 5 ROOM 117 sqm $600,000 $5,128
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 117 Bukit Merah Central

Block 117 Bukit Merah Central is an ageing-lease HDB block in Bukit Merah, built in 1977 with about 50 years left on its 99-year lease, so remaining lease is the dominant price factor here. At $609,000, its median sits roughly in line with the Bukit Merah town median. It has a relatively light resale record, with 14 transactions since 2017 across 5 room flats priced from $540,000 to $760,000. The most recent transaction was a 5 room flat on storeys 25 TO 27 at $728,800 in Apr 2026, and the median works out to $5,205/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 117 Bukit Merah Central worth?

The most recent resale transaction at Block 117 Bukit Merah Central was $728,800 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,205, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 117 Bukit Merah Central?

Block 117 Bukit Merah Central was built in 1977 and has approximately 50 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 117 Bukit Merah Central?

Block 117 Bukit Merah Central in Bukit Merah contains 5 room flats. Resale prices range from $540,000 to $760,000 based on historical transaction records from data.gov.sg.

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