Block 1 Jalan Bukit Merah

3 Room · Built 1983 · 57 years remaining lease MOP Cleared
Latest Sale
$415,000
Mar 2025 · 3 ROOM · #07-09
Median $/sqm
$5,547
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +25.4%
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 57 years remaining 99 years
57 years 2 months
Remaining lease
↓ 0.57%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.57%/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
Mar 2025 07 TO 09 3 ROOM 64 sqm $415,000 $6,484
Mar 2025 04 TO 06 3 ROOM 64 sqm $395,000 $6,172
Jan 2025 10 TO 12 3 ROOM 64 sqm $405,000 $6,328
Dec 2024 01 TO 03 3 ROOM 64 sqm $355,000 $5,547
Jul 2024 07 TO 09 3 ROOM 64 sqm $375,888 $5,873
Jun 2024 10 TO 12 3 ROOM 64 sqm $434,888 $6,795
Mar 2024 01 TO 03 3 ROOM 64 sqm $355,500 $5,555
Mar 2024 13 TO 15 3 ROOM 64 sqm $400,000 $6,250
Dec 2023 07 TO 09 3 ROOM 64 sqm $370,000 $5,781
Oct 2023 10 TO 12 3 ROOM 64 sqm $392,000 $6,125
Jan 2023 04 TO 06 3 ROOM 64 sqm $320,000 $5,000
Dec 2022 10 TO 12 3 ROOM 64 sqm $371,100 $5,798
Sep 2022 10 TO 12 3 ROOM 64 sqm $350,000 $5,469
Jun 2022 13 TO 15 3 ROOM 64 sqm $355,000 $5,547
Oct 2021 04 TO 06 3 ROOM 64 sqm $298,000 $4,656
Sep 2021 07 TO 09 3 ROOM 64 sqm $348,000 $5,438
Oct 2020 07 TO 09 3 ROOM 64 sqm $308,000 $4,813
May 2020 10 TO 12 3 ROOM 64 sqm $300,000 $4,688
Mar 2020 04 TO 06 3 ROOM 64 sqm $265,000 $4,141
Mar 2020 01 TO 03 3 ROOM 64 sqm $290,000 $4,531
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Jalan Bukit Merah

Block 1 at Jalan Bukit Merah is a residential HDB block in Bukit Merah, Singapore, built in 1983 with approximately 57 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $265,000 to $434,888 based on 24 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $415,000 in 2025-03. The current median price per square metre is $5,547. Over the past five years, resale prices at this block have increased by approximately 25.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8601, with an annual lease decay rate of approximately 0.57%. 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 1 Jalan Bukit Merah worth?

The most recent resale transaction at Block 1 Jalan Bukit Merah was $415,000 for a 3 room flat in 2025-03. The median price per square metre across all flat types is $5,547, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Jalan Bukit Merah?

Block 1 Jalan Bukit Merah was built in 1983 and has approximately 57 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 0.57%, meaning the leasehold value decreases by approximately 0.57% per year at the current remaining lease.

What flat types are available at Block 1 Jalan Bukit Merah?

Block 1 Jalan Bukit Merah in Bukit Merah contains 3 room flats. Resale prices range from $265,000 to $434,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 1 Jalan Bukit Merah gone up or down?

Resale prices at Block 1 Jalan Bukit Merah have increased by approximately 25.4% over the past five years. The current median price is $355,000, with the most recent sale at $415,000 in 2025-03.

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