Block 124A Bukit Merah View
Block 124A Bukit Merah View has 8 recorded HDB resale transactions since 2017. Latest sale: $1,045,000 (Jul 2024, 5 room, floors 01–03). Median $7,109/sqm. Built 1996, 71 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 |
|---|---|---|---|
| 4-Room | $3,900 typically $3,600–$4,200 | 5% | Bukit Merah avg · block too thin |
| 5-Room | $4,250 typically $4,000–$4,500 | 4.7% | Bukit Merah avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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 124A Bukit Merah View 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 |
|---|---|---|---|---|---|
| Jul 2024 | 01 TO 03 | 5 ROOM | 127 sqm | $1,045,000 | $8,228 |
| May 2024 | 16 TO 18 | 5 ROOM | 127 sqm | $1,170,000 | $9,213 |
| Jan 2024 | 10 TO 12 | 5 ROOM | 127 sqm | $1,086,000 | $8,551 |
| Dec 2022 | 07 TO 09 | 4 ROOM | 108 sqm | $775,777 | $7,183 |
| Sep 2022 | 04 TO 06 | 5 ROOM | 127 sqm | $893,500 | $7,035 |
| Dec 2018 | 10 TO 12 | 4 ROOM | 109 sqm | $702,000 | $6,440 |
| Oct 2018 | 07 TO 09 | 4 ROOM | 109 sqm | $685,000 | $6,284 |
| May 2017 | 04 TO 06 | 4 ROOM | 109 sqm | $696,000 | $6,385 |
About Block 124A Bukit Merah View
Block 124A Bukit Merah View is a million-dollar HDB block: a flat here has sold for as much as $1,170,000 (May 2024), among the rare blocks in Bukit Merah to cross that mark. Its median runs about 29% above the Bukit Merah median, ahead of around 83% of the town's blocks. It has a relatively light resale record, with 8 transactions since 2017 across 4 room, 5 room flats priced from $685,000 to $1,170,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $1,045,000 in Jul 2024, and the median works out to $7,109/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9138, an annual lease decay of about 0.33%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 124A Bukit Merah View worth?
The most recent resale transaction at Block 124A Bukit Merah View was $1,045,000 for a 5 room flat in 2024-07. The median price per square metre across all flat types is $7,109, based on 8 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 124A Bukit Merah View?
Block 124A Bukit Merah View was built in 1996 and has approximately 71 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 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.
What flat types are available at Block 124A Bukit Merah View?
Block 124A Bukit Merah View in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $685,000 to $1,170,000 based on historical transaction records from data.gov.sg.