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Block 120 Bukit Merah View

4 Room · Built 1973 · 45 years remaining lease · Updated May 2026 MOP Cleared

Block 120 Bukit Merah View has 19 recorded HDB resale transactions since 2017. Latest sale: $560,000 (May 2026, 4 room, floors 07–09). Median $5,455/sqm. Built 1973, 45 years lease remaining.

Latest Sale
$560,000
May 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$5,455
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 68%
#243 / 360 Top 68%
Latest Sale ?
Top 68%
#243 / 360 Top 68%
Value ($/sqm) ?
Top 78%
#279 / 360 Top 78%
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
−0.91%/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 45 years remaining 99 years
45 years 9 months
Remaining lease
↓ 0.91%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 45 years remaining, decay is gradual (~0.91%/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
4-Room $3,300 typically $3,000–$3,500 7.1% 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 4 popular schools. 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
4 schools 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 120 Bukit Merah View 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
May 2026 07 TO 09 4 ROOM 88 sqm $560,000 $6,364
Jul 2025 04 TO 06 4 ROOM 88 sqm $555,000 $6,307
Feb 2025 01 TO 03 4 ROOM 88 sqm $505,000 $5,739
Nov 2024 01 TO 03 4 ROOM 88 sqm $508,000 $5,773
Feb 2024 01 TO 03 4 ROOM 88 sqm $410,000 $4,659
Nov 2023 07 TO 09 4 ROOM 88 sqm $550,000 $6,250
Mar 2023 07 TO 09 4 ROOM 88 sqm $505,000 $5,739
Oct 2022 07 TO 09 4 ROOM 88 sqm $510,000 $5,795
Sep 2022 13 TO 15 4 ROOM 88 sqm $505,000 $5,739
Jun 2022 13 TO 15 4 ROOM 88 sqm $455,000 $5,170
Feb 2022 16 TO 18 4 ROOM 88 sqm $500,000 $5,682
Jan 2022 04 TO 06 4 ROOM 88 sqm $480,000 $5,455
Aug 2019 07 TO 09 4 ROOM 88 sqm $422,000 $4,795
Jul 2019 10 TO 12 4 ROOM 88 sqm $446,000 $5,068
Jan 2019 07 TO 09 4 ROOM 88 sqm $412,000 $4,682
Jul 2018 16 TO 18 4 ROOM 88 sqm $455,000 $5,170
May 2018 01 TO 03 4 ROOM 88 sqm $383,500 $4,358
Aug 2017 04 TO 06 4 ROOM 88 sqm $435,000 $4,943
Apr 2017 04 TO 06 4 ROOM 88 sqm $420,000 $4,773
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 120 Bukit Merah View

Block 120 Bukit Merah View is an ageing-lease HDB block in Bukit Merah, built in 1973 with about 45 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 26% below the Bukit Merah median, cheaper than about 67% of the town's blocks. It has a relatively light resale record, with 19 transactions since 2017 across 4 room flats priced from $383,500 to $560,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $560,000 in May 2026, and the median works out to $5,455/sqm. Floor level matters here: units on the higher 07 TO 09 band have sold around 11% above those on the 01 TO 03 band. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 120 Bukit Merah View worth?

The most recent resale transaction at Block 120 Bukit Merah View was $560,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $5,455, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 120 Bukit Merah View?

Block 120 Bukit Merah View was built in 1973 and has approximately 45 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.91%, meaning the leasehold value decreases by approximately 0.91% per year at the current remaining lease.

What flat types are available at Block 120 Bukit Merah View?

Block 120 Bukit Merah View in Bukit Merah contains 4 room flats. Resale prices range from $383,500 to $560,000 based on historical transaction records from data.gov.sg.

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