Block 2 Jalan Bukit Merah

3 Room · 5 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$350,000
Feb 2026 · 3 ROOM · #07-09
Median $/sqm
$4,810
Based on 43 transactions
Total Transactions
43
Since Jan 2017
5-Year Trend
▲ +31%
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 5 months
Remaining lease
↓ 0.82%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.82%/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
Feb 2026 07 TO 09 3 ROOM 63 sqm $350,000 $5,556
Jan 2026 07 TO 09 3 ROOM 63 sqm $380,000 $6,032
Dec 2025 04 TO 06 3 ROOM 63 sqm $390,000 $6,190
Jun 2025 04 TO 06 3 ROOM 63 sqm $380,000 $6,032
May 2025 04 TO 06 3 ROOM 63 sqm $357,000 $5,667
Feb 2025 04 TO 06 3 ROOM 63 sqm $355,000 $5,635
Jan 2025 13 TO 15 3 ROOM 63 sqm $390,000 $6,190
Dec 2024 01 TO 03 3 ROOM 63 sqm $335,000 $5,317
Dec 2024 13 TO 15 3 ROOM 63 sqm $385,000 $6,111
Aug 2024 04 TO 06 3 ROOM 63 sqm $345,000 $5,476
Nov 2023 07 TO 09 3 ROOM 63 sqm $325,000 $5,159
Oct 2023 10 TO 12 3 ROOM 63 sqm $349,000 $5,540
Oct 2023 07 TO 09 3 ROOM 63 sqm $378,000 $6,000
Sep 2023 10 TO 12 3 ROOM 63 sqm $318,888 $5,062
Jan 2023 13 TO 15 3 ROOM 63 sqm $315,000 $5,000
Oct 2022 10 TO 12 3 ROOM 63 sqm $312,888 $4,966
Sep 2022 04 TO 06 3 ROOM 63 sqm $290,000 $4,603
Aug 2022 13 TO 15 3 ROOM 63 sqm $305,000 $4,841
Feb 2022 10 TO 12 5 ROOM 126 sqm $668,888 $5,309
Dec 2021 13 TO 15 3 ROOM 63 sqm $303,000 $4,810
Showing 20 of 43 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 2 Jalan Bukit Merah

Block 2 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, 5 room flats, with resale prices ranging from $240,000 to $668,888 based on 43 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $350,000 in 2026-02. The current median price per square metre is $4,810. Over the past five years, resale prices at this block have increased by approximately 31%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8109, with an annual lease decay rate of approximately 0.82%. 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 2 Jalan Bukit Merah worth?

The most recent resale transaction at Block 2 Jalan Bukit Merah was $350,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $4,810, based on 43 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 2 Jalan Bukit Merah?

Block 2 Jalan Bukit Merah was built in 1975 and has approximately 48 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.82%, meaning the leasehold value decreases by approximately 0.82% per year at the current remaining lease.

What flat types are available at Block 2 Jalan Bukit Merah?

Block 2 Jalan Bukit Merah in Bukit Merah contains 3 room, 5 room flats. Resale prices range from $240,000 to $668,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 2 Jalan Bukit Merah gone up or down?

Resale prices at Block 2 Jalan Bukit Merah have increased by approximately 31% over the past five years. The current median price is $312,888, with the most recent sale at $350,000 in 2026-02.

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