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Block 114 Bukit Purmei Road

4 Room · 5 Room · Built 1985 · 57 years remaining lease · Updated Jun 2026 MOP Cleared

Block 114 Bukit Purmei Road has 21 recorded HDB resale transactions since 2017. Latest sale: $690,000 (Jun 2026, 4 room, floors 10–12). Median $5,922/sqm. Prices up 22.1% over the past five years. Built 1985, 57 years lease remaining.

Latest Sale
$690,000
Jun 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$5,922
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +22.1%
Median price change
Median Price ?
Top 45%
#162 / 360 Top 45%
Latest Sale ?
Top 56%
#203 / 360 Top 56%
Value ($/sqm) ?
Top 57%
#207 / 360 Top 57%
5-Year Growth ?
Top 59%
#170 / 286 Top 59%
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
+4.1%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +22.1% 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 57 years remaining 99 years
57 years 10 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.55%/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
4-Room $3,575 typically $3,100–$3,900 6.2% 6 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 2 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
2 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 114 Bukit Purmei Road 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
Jun 2026 10 TO 12 4 ROOM 103 sqm $690,000 $6,699
Jun 2025 01 TO 03 4 ROOM 106 sqm $635,000 $5,991
Jun 2025 10 TO 12 4 ROOM 103 sqm $650,000 $6,311
Mar 2025 16 TO 18 5 ROOM 135 sqm $1,000,000 $7,407
Feb 2025 04 TO 06 4 ROOM 103 sqm $670,000 $6,505
Nov 2024 04 TO 06 5 ROOM 132 sqm $930,000 $7,045
Jul 2024 13 TO 15 5 ROOM 157 sqm $970,000 $6,178
Jun 2024 10 TO 12 4 ROOM 103 sqm $708,888 $6,882
Apr 2024 01 TO 03 4 ROOM 103 sqm $610,000 $5,922
Apr 2024 13 TO 15 5 ROOM 138 sqm $965,000 $6,993
Feb 2023 07 TO 09 4 ROOM 103 sqm $635,000 $6,165
Jun 2021 01 TO 03 4 ROOM 103 sqm $500,000 $4,854
Jun 2021 10 TO 12 4 ROOM 106 sqm $580,888 $5,480
Dec 2020 10 TO 12 5 ROOM 132 sqm $750,000 $5,682
Nov 2020 13 TO 15 5 ROOM 135 sqm $735,000 $5,444
Jul 2020 10 TO 12 4 ROOM 103 sqm $508,000 $4,932
Jul 2020 04 TO 06 5 ROOM 135 sqm $695,000 $5,148
Mar 2020 10 TO 12 4 ROOM 103 sqm $560,000 $5,437
Dec 2018 01 TO 03 4 ROOM 103 sqm $490,000 $4,757
Sep 2018 01 TO 03 4 ROOM 103 sqm $478,000 $4,641
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 114 Bukit Purmei Road

Block 114 Bukit Purmei Road is a million-dollar HDB block: a flat here has sold for as much as $1,000,000 (Mar 2025), among the rare blocks in Bukit Merah to cross that mark. Its $670,000 median tracks close to the Bukit Merah town median. It has a regular flow of resale activity, with 21 transactions since 2017 across 4 room, 5 room flats priced from $478,000 to $1,000,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $690,000 in Jun 2026, and the median works out to $5,922/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 23% above the 01 TO 03 band. Over five years, prices here are up about 22.1%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8632, an annual lease decay of about 0.55%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 114 Bukit Purmei Road worth?

The most recent resale transaction at Block 114 Bukit Purmei Road was $690,000 for a 4 room flat in 2026-06. The median price per square metre across all flat types is $5,922, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 114 Bukit Purmei Road?

Block 114 Bukit Purmei Road was built in 1985 and has approximately 57 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 114 Bukit Purmei Road?

Block 114 Bukit Purmei Road in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $478,000 to $1,000,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 114 Bukit Purmei Road gone up or down?

Resale prices at Block 114 Bukit Purmei Road have increased by approximately 22.1% over the past five years. The current median price is $670,000, with the most recent sale at $690,000 in 2026-06.

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