Block 128 Bukit Merah View

3 Room · Built 1973 · 46 years remaining lease MOP Cleared
Latest Sale
$418,000
Nov 2025 · 3 ROOM · #04-06
Median $/sqm
$5,243
Based on 40 transactions
Total Transactions
40
Since Jan 2017
5-Year Trend
▲ +20.9%
Median price change
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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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 46 years remaining 99 years
46 years 9 months
Remaining lease
↓ 0.88%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 46 years remaining, decay is gradual (~0.88%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2025 04 TO 06 3 ROOM 65 sqm $418,000 $6,431
Jun 2025 10 TO 12 3 ROOM 65 sqm $428,000 $6,585
Jun 2025 19 TO 21 3 ROOM 76 sqm $450,888 $5,933
Apr 2025 16 TO 18 3 ROOM 65 sqm $350,000 $5,385
Apr 2025 16 TO 18 3 ROOM 65 sqm $431,000 $6,631
Mar 2025 13 TO 15 3 ROOM 65 sqm $360,000 $5,538
Oct 2024 19 TO 21 3 ROOM 65 sqm $382,000 $5,877
Jun 2024 16 TO 18 3 ROOM 65 sqm $368,000 $5,662
Feb 2024 16 TO 18 3 ROOM 76 sqm $400,000 $5,263
Nov 2023 16 TO 18 3 ROOM 65 sqm $372,000 $5,723
Aug 2023 19 TO 21 3 ROOM 65 sqm $385,000 $5,923
Apr 2022 16 TO 18 3 ROOM 65 sqm $395,000 $6,077
Mar 2022 01 TO 03 3 ROOM 65 sqm $312,000 $4,800
Mar 2022 10 TO 12 3 ROOM 65 sqm $345,000 $5,308
Oct 2021 16 TO 18 3 ROOM 65 sqm $356,000 $5,477
Sep 2021 16 TO 18 3 ROOM 65 sqm $350,000 $5,385
Jun 2021 16 TO 18 3 ROOM 65 sqm $380,088 $5,848
Mar 2021 04 TO 06 3 ROOM 65 sqm $300,000 $4,615
Mar 2021 13 TO 15 3 ROOM 65 sqm $330,000 $5,077
Aug 2020 01 TO 03 3 ROOM 65 sqm $260,000 $4,000
Showing 20 of 40 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 128 Bukit Merah View

Block 128 at Bukit Merah View is a residential HDB block in Bukit Merah, Singapore, built in 1973 with approximately 46 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $260,000 to $450,888 based on 40 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $418,000 in 2025-11. The current median price per square metre is $5,243. Over the past five years, resale prices at this block have increased by approximately 20.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7998, with an annual lease decay rate of approximately 0.88%. 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 128 Bukit Merah View worth?

The most recent resale transaction at Block 128 Bukit Merah View was $418,000 for a 3 room flat in 2025-11. The median price per square metre across all flat types is $5,243, based on 40 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 128 Bukit Merah View?

Block 128 Bukit Merah View was built in 1973 and has approximately 46 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 0.88%, meaning the leasehold value decreases by approximately 0.88% per year at the current remaining lease.

What flat types are available at Block 128 Bukit Merah View?

Block 128 Bukit Merah View in Bukit Merah contains 3 room flats. Resale prices range from $260,000 to $450,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 128 Bukit Merah View gone up or down?

Resale prices at Block 128 Bukit Merah View have increased by approximately 20.9% over the past five years. The current median price is $350,000, with the most recent sale at $418,000 in 2025-11.

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