Skip to content

Block 124B Bukit Merah View

4 Room · 5 Room · Built 1996 · 69 years remaining lease · Updated Apr 2026 MOP Cleared

Block 124B Bukit Merah View has 11 recorded HDB resale transactions since 2017. Latest sale: $903,000 (Apr 2026, 4 room, floors 16–18). Median $6,691/sqm. Prices up 26.3% over the past five years. Built 1996, 69 years lease remaining.

Latest Sale
$903,000
Apr 2026 · 4 ROOM · Floor 16-18
Median $/sqm
$6,691
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
▲ +26.3%
Median price change
Median Price ?
Top 26%
#94 / 360 Top 26%
Latest Sale ?
Top 25%
#90 / 360 Top 25%
Value ($/sqm) ?
Top 43%
#155 / 360 Top 43%
5-Year Growth ?
Top 42%
#120 / 286 Top 42%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+4.8%/yr
vs
Lease Decay
−0.35%/yr
Growth assumption
Based on this block’s +26.3% growth over 5 years
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 69 years remaining 99 years
69 years 6 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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). 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
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 3 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
3 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 124B 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
Apr 2026 16 TO 18 4 ROOM 107 sqm $903,000 $8,439
Oct 2023 07 TO 09 5 ROOM 133 sqm $1,090,000 $8,195
Aug 2023 01 TO 03 4 ROOM 108 sqm $750,000 $6,944
Aug 2022 04 TO 06 4 ROOM 109 sqm $770,000 $7,064
Apr 2022 01 TO 03 4 ROOM 109 sqm $680,888 $6,247
Nov 2021 07 TO 09 4 ROOM 107 sqm $715,000 $6,682
Jan 2021 01 TO 03 5 ROOM 132 sqm $860,000 $6,515
Aug 2020 10 TO 12 4 ROOM 107 sqm $703,888 $6,578
Nov 2019 16 TO 18 4 ROOM 107 sqm $715,888 $6,691
Jul 2019 07 TO 09 5 ROOM 133 sqm $890,000 $6,692
Jan 2019 07 TO 09 5 ROOM 132 sqm $830,000 $6,288
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124B Bukit Merah View

A flat at Block 124B Bukit Merah View in Bukit Merah has reached $1,090,000 (Oct 2023), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 19% above the Bukit Merah median, ahead of around 74% of the town's blocks. It has a relatively light resale record, with 11 transactions since 2017 across 4 room, 5 room flats priced from $680,888 to $1,090,000. The most recent transaction was a 4 room flat on storeys 16 TO 18 at $903,000 in Apr 2026, and the median works out to $6,691/sqm. Over five years, prices here are up about 26.3%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9085, equivalent to roughly 0.35% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 124B Bukit Merah View worth?

The most recent resale transaction at Block 124B Bukit Merah View was $903,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $6,691, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124B Bukit Merah View?

Block 124B Bukit Merah View was built in 1996 and has approximately 69 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 124B Bukit Merah View?

Block 124B Bukit Merah View in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $680,888 to $1,090,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124B Bukit Merah View gone up or down?

Resale prices at Block 124B Bukit Merah View have increased by approximately 26.3% over the past five years. The current median price is $770,000, with the most recent sale at $903,000 in 2026-04.

Link copied to clipboard