Block 122 Bukit Merah Lane 1
Block 122 Bukit Merah Lane 1 has 4 recorded HDB resale transactions since 2017. Latest sale: $450,000 (Feb 2022, 3 room, floors 04–06). Median $5,241/sqm. Built 1979, 56 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Merah average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $3,000 typically $2,700–$3,300 | 8.3% | Bukit Merah avg · block too thin |
No popular school is within 1 km, but 4sit in the 1–2 km second-priority band.
- 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 122 Bukit Merah Lane 1 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 |
|---|---|---|---|---|---|
| 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 Bukit Merah Lane 1 in Bukit Merah dates to 1979 and now has roughly 56 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 36% below the Bukit Merah median, cheaper than about 73% of the town's blocks. It has a relatively light resale record, with 4 transactions since 2017 across 3 room flats priced from $400,000 to $450,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $450,000 in Feb 2022, and the median works out to $5,241/sqm. All transaction data is sourced from data.gov.sg and 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.