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Block 161 Bukit Merah Central

3 Room · Built 1980 · 54 years remaining lease MOP Cleared
Latest Sale
$410,000
May 2025 · 3 ROOM · #01-03
Median $/sqm
$5,706
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
▲ +7%
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 54 years remaining 99 years
54 years 3 months
Remaining lease
↓ 0.64%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.64%/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
May 2025 01 TO 03 3 ROOM 68 sqm $410,000 $6,029
May 2024 04 TO 06 3 ROOM 68 sqm $416,666 $6,127
Mar 2023 04 TO 06 3 ROOM 68 sqm $393,000 $5,779
Dec 2021 04 TO 06 3 ROOM 68 sqm $383,000 $5,632
Nov 2019 04 TO 06 3 ROOM 68 sqm $361,000 $5,309
Aug 2018 01 TO 03 3 ROOM 68 sqm $340,000 $5,000
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 161 Bukit Merah Central

Block 161 at Bukit Merah Central is a residential HDB block in Bukit Merah, Singapore, built in 1980 with approximately 54 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $340,000 to $416,666 based on 6 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $410,000 in 2025-05. The current median price per square metre is $5,706. Over the past five years, resale prices at this block have increased by approximately 7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8453, with an annual lease decay rate of approximately 0.64%. 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 161 Bukit Merah Central worth?

The most recent resale transaction at Block 161 Bukit Merah Central was $410,000 for a 3 room flat in 2025-05. The median price per square metre across all flat types is $5,706, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 161 Bukit Merah Central?

Block 161 Bukit Merah Central was built in 1980 and has approximately 54 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.64%, meaning the leasehold value decreases by approximately 0.64% per year at the current remaining lease.

What flat types are available at Block 161 Bukit Merah Central?

Block 161 Bukit Merah Central in Bukit Merah contains 3 room flats. Resale prices range from $340,000 to $416,666 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 161 Bukit Merah Central gone up or down?

Resale prices at Block 161 Bukit Merah Central have increased by approximately 7% over the past five years. The current median price is $388,000, with the most recent sale at $410,000 in 2025-05.

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