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Block 128 Bukit Merah View

3 Room · Built 1973 · 46 years remaining lease · Updated Mar 2026 MOP Cleared

Block 128 Bukit Merah View has 41 recorded HDB resale transactions since 2017. Latest sale: $350,000 (Mar 2026, 3 room, floors 19–21). Median $5,263/sqm. Prices up 19.4% over the past five years. Built 1973, 46 years lease remaining.

How this block compares

  • 3 Room$384,000
    −10.8%vs town(−$46k)−13.7%vs national(−$61k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$350,000
Mar 2026 · 3 ROOM · Floor 19-21
Median $/sqm
$5,263
Based on 41 transactions
Total Transactions
41
Since Jan 2017
5-Year Trend
▲ +19.4%
Median price change
Median Price ?
Top 82%
#296 / 360 Top 82%
Latest Sale ?
Top 90%
#324 / 360 Top 90%
Value ($/sqm) ?
Top 85%
#305 / 360 Top 85%
5-Year Growth ?
Top 73%
#208 / 286 Top 73%
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
+3.6%/yr
vs
Lease Decay
−0.89%/yr
Growth assumption
Based on this block’s +19.4% 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 46 years remaining 99 years
46 years 5 months
Remaining lease
↓ 0.89%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 46 years remaining, decay is gradual (~0.89%/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
3-Room $3,150 typically $2,850–$3,350 9.8% 25 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 128 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
Mar 2026 19 TO 21 3 ROOM 65 sqm $350,000 $5,385
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
Showing 20 of 41 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 128 Bukit Merah View

Block 128 Bukit Merah View is an ageing-lease HDB block in Bukit Merah, built in 1973 with about 46 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 46% below the Bukit Merah median, cheaper than about 82% of the town's blocks. It has a regular flow of resale activity, with 41 transactions since 2017 across 3 room flats priced from $260,000 to $450,888. The most recent transaction was a 3 room flat on storeys 19 TO 21 at $350,000 in Mar 2026, and the median works out to $5,263/sqm. Floor level matters here: units on the higher 19 TO 21 band have sold around 28% above those on the 04 TO 06 band. Over five years, prices here are up about 19.4%. All transaction data is sourced from data.gov.sg and 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 $350,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,263, based on 41 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 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.89%, meaning the leasehold value decreases by approximately 0.89% 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 19.4% over the past five years. The current median price is $350,000, with the most recent sale at $350,000 in 2026-03.

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