Block 137 Jalan Bukit Merah

3 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$360,000
Jul 2025 · 3 ROOM · #01-03
Median $/sqm
$4,619
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +34%
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 48 years remaining 99 years
48 years 11 months
Remaining lease
↓ 0.80%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.80%/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
Jul 2025 01 TO 03 3 ROOM 59 sqm $360,000 $6,102
Jul 2025 07 TO 09 3 ROOM 70 sqm $405,000 $5,786
Jun 2025 10 TO 12 3 ROOM 59 sqm $350,000 $5,932
Feb 2025 07 TO 09 3 ROOM 59 sqm $348,000 $5,898
May 2024 07 TO 09 3 ROOM 70 sqm $398,000 $5,686
Jan 2024 10 TO 12 3 ROOM 59 sqm $373,000 $6,322
Jul 2022 07 TO 09 3 ROOM 59 sqm $380,000 $6,441
Nov 2021 07 TO 09 3 ROOM 59 sqm $270,000 $4,576
Jun 2021 10 TO 12 3 ROOM 59 sqm $260,000 $4,407
Mar 2021 04 TO 06 3 ROOM 59 sqm $256,000 $4,339
Mar 2021 07 TO 09 3 ROOM 70 sqm $310,000 $4,429
Nov 2020 04 TO 06 3 ROOM 59 sqm $240,888 $4,083
Aug 2020 10 TO 12 3 ROOM 59 sqm $245,000 $4,153
Aug 2017 04 TO 06 3 ROOM 59 sqm $262,000 $4,441
Apr 2017 04 TO 06 3 ROOM 59 sqm $260,000 $4,407
Feb 2017 04 TO 06 3 ROOM 59 sqm $275,000 $4,661
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 137 Jalan Bukit Merah

Block 137 at Jalan Bukit Merah is a residential HDB block in Bukit Merah, Singapore, built in 1975 with approximately 48 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $240,888 to $405,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $360,000 in 2025-07. The current median price per square metre is $4,619. Over the past five years, resale prices at this block have increased by approximately 34%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8141, with an annual lease decay rate of approximately 0.80%. 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 137 Jalan Bukit Merah worth?

The most recent resale transaction at Block 137 Jalan Bukit Merah was $360,000 for a 3 room flat in 2025-07. The median price per square metre across all flat types is $4,619, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 137 Jalan Bukit Merah?

Block 137 Jalan Bukit Merah was built in 1975 and has approximately 48 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.80%, meaning the leasehold value decreases by approximately 0.80% per year at the current remaining lease.

What flat types are available at Block 137 Jalan Bukit Merah?

Block 137 Jalan Bukit Merah in Bukit Merah contains 3 room flats. Resale prices range from $240,888 to $405,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 137 Jalan Bukit Merah gone up or down?

Resale prices at Block 137 Jalan Bukit Merah have increased by approximately 34% over the past five years. The current median price is $292,500, with the most recent sale at $360,000 in 2025-07.

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