Block 122 Bukit Merah Lane 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Feb 2022 | 04 TO 06 | 3 ROOM | 83 sqm | $450,000 | $5,422 |
| Jun 2020 | 01 TO 03 | 3 ROOM | 83 sqm | $400,000 | $4,819 |
| Jul 2019 | 01 TO 03 | 3 ROOM | 83 sqm | $420,000 | $5,060 |
| Jan 2017 | 04 TO 06 | 3 ROOM | 67 sqm | $405,000 | $6,045 |
About Block 122 Bukit Merah Lane 1
Block 122 at Bukit Merah Lane 1 is a residential HDB block in Bukit Merah, Singapore, built in 1979 with approximately 56 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $400,000 to $450,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $450,000 in 2022-02. The current median price per square metre is $5,241. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8585, with an annual lease decay rate of approximately 0.58%. 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 122 Bukit Merah Lane 1 worth?
The most recent resale transaction at Block 122 Bukit Merah Lane 1 was $450,000 for a 3 room flat in 2022-02. The median price per square metre across all flat types is $5,241, based on 4 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 122 Bukit Merah Lane 1?
Block 122 Bukit Merah Lane 1 was built in 1979 and has approximately 56 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.58%, meaning the leasehold value decreases by approximately 0.58% per year at the current remaining lease.
What flat types are available at Block 122 Bukit Merah Lane 1?
Block 122 Bukit Merah Lane 1 in Bukit Merah contains 3 room flats. Resale prices range from $400,000 to $450,000 based on historical transaction records from data.gov.sg.