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Block 113 Jalan Bukit Merah

3 Room · Built 1969 · 43 years remaining lease · Updated Oct 2024 MOP Cleared

Block 113 Jalan Bukit Merah has 18 recorded HDB resale transactions since 2017. Latest sale: $350,000 (Oct 2024, 3 room, floors 10–12). Median $5,000/sqm. Built 1969, 43 years lease remaining.

Latest Sale
$350,000
Oct 2024 · 3 ROOM · Floor 10-12
Median $/sqm
$5,000
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 93%
#335 / 360 Top 93%
Latest Sale ?
Top 90%
#325 / 360 Top 90%
Value ($/sqm) ?
Top 94%
#340 / 360 Top 94%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−1.02%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 43 years remaining 99 years
43 years 4 months
Remaining lease
↓ 1.02%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.02%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
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 $2,900 typically $2,800–$3,000 10.2% 6 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 3 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
3 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 113 Jalan Bukit Merah 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
Oct 2024 10 TO 12 3 ROOM 60 sqm $350,000 $5,833
Sep 2024 07 TO 09 3 ROOM 60 sqm $325,000 $5,417
Aug 2024 04 TO 06 3 ROOM 60 sqm $342,000 $5,700
Apr 2024 07 TO 09 3 ROOM 60 sqm $310,000 $5,167
Mar 2024 07 TO 09 3 ROOM 60 sqm $300,000 $5,000
Mar 2024 07 TO 09 3 ROOM 60 sqm $318,000 $5,300
Feb 2024 07 TO 09 3 ROOM 71 sqm $350,000 $4,930
Jun 2023 04 TO 06 3 ROOM 71 sqm $360,000 $5,070
Nov 2022 04 TO 06 3 ROOM 60 sqm $300,000 $5,000
Sep 2022 04 TO 06 3 ROOM 60 sqm $320,000 $5,333
Jun 2022 10 TO 12 3 ROOM 71 sqm $335,000 $4,718
Oct 2021 01 TO 03 3 ROOM 60 sqm $265,000 $4,417
Oct 2021 07 TO 09 3 ROOM 71 sqm $323,000 $4,549
Jul 2021 01 TO 03 3 ROOM 58 sqm $265,000 $4,569
Jan 2019 07 TO 09 3 ROOM 60 sqm $250,000 $4,167
Apr 2018 04 TO 06 3 ROOM 60 sqm $270,000 $4,500
Dec 2017 07 TO 09 3 ROOM 60 sqm $270,000 $4,500
Jun 2017 10 TO 12 3 ROOM 60 sqm $308,000 $5,133
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 113 Jalan Bukit Merah

Block 113 Jalan Bukit Merah in Bukit Merah dates to 1969 and now has roughly 43 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 51% below the Bukit Merah median, cheaper than about 93% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 3 room flats priced from $250,000 to $360,000. The most recent transaction was a 3 room flat on storeys 10 TO 12 at $350,000 in Oct 2024, and the median works out to $5,000/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 113 Jalan Bukit Merah worth?

The most recent resale transaction at Block 113 Jalan Bukit Merah was $350,000 for a 3 room flat in 2024-10. The median price per square metre across all flat types is $5,000, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 113 Jalan Bukit Merah?

Block 113 Jalan Bukit Merah was built in 1969 and has approximately 43 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.02%, meaning the leasehold value decreases by approximately 1.02% per year at the current remaining lease.

What flat types are available at Block 113 Jalan Bukit Merah?

Block 113 Jalan Bukit Merah in Bukit Merah contains 3 room flats. Resale prices range from $250,000 to $360,000 based on historical transaction records from data.gov.sg.

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