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Block 129 Bukit Merah View

3 Room · 5 Room · Built 1973 · 46 years remaining lease · Updated May 2026 MOP Cleared

Block 129 Bukit Merah View has 53 recorded HDB resale transactions since 2017. Latest sale: $340,000 (May 2026, 3 room, floors 07–09). Median $5,395/sqm. Prices up 11.4% over the past five years. Built 1973, 46 years lease remaining.

How this block compares

  • 3 Room$415,000
    −3.6%vs town(−$15k)−6.7%vs national(−$30k)

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
$340,000
May 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$5,395
Based on 53 transactions
Total Transactions
53
Since Jan 2017
5-Year Trend
▲ +11.4%
Median price change
Median Price ?
Top 79%
#284 / 360 Top 79%
Latest Sale ?
Top 92%
#332 / 360 Top 92%
Value ($/sqm) ?
Top 79%
#285 / 360 Top 79%
5-Year Growth ?
Top 90%
#257 / 286 Top 90%
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
+2.2%/yr
vs
Lease Decay
−0.90%/yr
Growth assumption
Based on this block’s +11.4% 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 2 months
Remaining lease
↓ 0.90%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 46 years remaining, decay is gradual (~0.90%/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 $3,000 typically $2,700–$3,400 8.7% 15 rentals here
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 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 129 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 3 ROOM 65 sqm $340,000 $5,231
Jan 2026 13 TO 15 3 ROOM 65 sqm $430,000 $6,615
Nov 2025 07 TO 09 3 ROOM 65 sqm $415,000 $6,385
Jul 2025 19 TO 21 3 ROOM 65 sqm $445,000 $6,846
Jul 2025 04 TO 06 3 ROOM 65 sqm $405,000 $6,231
Dec 2024 04 TO 06 3 ROOM 76 sqm $455,000 $5,987
Nov 2024 10 TO 12 3 ROOM 65 sqm $456,000 $7,015
Oct 2024 04 TO 06 3 ROOM 76 sqm $425,000 $5,592
Oct 2024 19 TO 21 3 ROOM 65 sqm $435,000 $6,692
Sep 2024 07 TO 09 3 ROOM 65 sqm $405,000 $6,231
Jul 2024 13 TO 15 3 ROOM 65 sqm $413,000 $6,354
May 2024 07 TO 09 3 ROOM 65 sqm $410,000 $6,308
Mar 2024 16 TO 18 5 ROOM 130 sqm $840,000 $6,462
Aug 2023 07 TO 09 3 ROOM 65 sqm $430,000 $6,615
Mar 2023 04 TO 06 3 ROOM 76 sqm $428,000 $5,632
Dec 2022 16 TO 18 3 ROOM 76 sqm $455,000 $5,987
Sep 2022 04 TO 06 3 ROOM 65 sqm $345,000 $5,308
Aug 2022 10 TO 12 3 ROOM 65 sqm $370,000 $5,692
Jun 2022 10 TO 12 3 ROOM 65 sqm $362,000 $5,569
Dec 2021 13 TO 15 3 ROOM 76 sqm $438,000 $5,763
Showing 20 of 53 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 129 Bukit Merah View

Block 129 Bukit Merah View in Bukit Merah dates to 1973 and now has roughly 46 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 43% below the Bukit Merah median, cheaper than about 79% of the town's blocks. It has a busy resale history, with 53 transactions since 2017 across 3 room, 5 room flats priced from $275,000 to $840,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $340,000 in May 2026, and the median works out to $5,395/sqm. Prices have risen around 11.4% over five years. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 129 Bukit Merah View worth?

The most recent resale transaction at Block 129 Bukit Merah View was $340,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $5,395, based on 53 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 129 Bukit Merah View?

Block 129 Bukit Merah View was built in 1973 and has approximately 46 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.90%, meaning the leasehold value decreases by approximately 0.90% per year at the current remaining lease.

What flat types are available at Block 129 Bukit Merah View?

Block 129 Bukit Merah View in Bukit Merah contains 3 room, 5 room flats. Resale prices range from $275,000 to $840,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 129 Bukit Merah View gone up or down?

Resale prices at Block 129 Bukit Merah View have increased by approximately 11.4% over the past five years. The current median price is $370,000, with the most recent sale at $340,000 in 2026-05.

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