Block 118B Jalan Membina
Block 118B Jalan Membina has 34 recorded HDB resale transactions since 2017. Latest sale: $915,000 (Nov 2024, 4 room, floors 10–12). Median $8,072/sqm. Built 2003, 77 years lease remaining.
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 | $4,050 typically $3,500–$4,300 | 5.3% | 8 rentals here |
| 5-Room | $4,250 typically $4,000–$4,500 | 4.7% | Bukit Merah avg · block too thin |
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.
- 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.
Other HDB blocks closest to Block 118B Jalan Membina in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2024 | 10 TO 12 | 4 ROOM | 85 sqm | $915,000 | $10,765 |
| Sep 2024 | 19 TO 21 | 5 ROOM | 110 sqm | $998,000 | $9,073 |
| Sep 2024 | 07 TO 09 | 5 ROOM | 110 sqm | $1,045,000 | $9,500 |
| May 2024 | 04 TO 06 | 5 ROOM | 110 sqm | $995,000 | $9,045 |
| Feb 2024 | 16 TO 18 | 4 ROOM | 85 sqm | $795,000 | $9,353 |
| Aug 2023 | 04 TO 06 | 4 ROOM | 91 sqm | $820,000 | $9,011 |
| May 2023 | 13 TO 15 | 5 ROOM | 110 sqm | $980,000 | $8,909 |
| Apr 2023 | 22 TO 24 | 4 ROOM | 91 sqm | $910,000 | $10,000 |
| Mar 2023 | 04 TO 06 | 4 ROOM | 91 sqm | $780,000 | $8,571 |
| Mar 2023 | 01 TO 03 | 5 ROOM | 110 sqm | $853,000 | $7,755 |
| Mar 2023 | 07 TO 09 | 5 ROOM | 110 sqm | $920,000 | $8,364 |
| Jan 2023 | 19 TO 21 | 5 ROOM | 110 sqm | $960,000 | $8,727 |
| Aug 2022 | 28 TO 30 | 4 ROOM | 85 sqm | $760,000 | $8,941 |
| Jun 2022 | 16 TO 18 | 5 ROOM | 110 sqm | $953,000 | $8,664 |
| Feb 2022 | 19 TO 21 | 5 ROOM | 110 sqm | $953,000 | $8,664 |
| Jan 2022 | 07 TO 09 | 4 ROOM | 85 sqm | $725,000 | $8,529 |
| Oct 2021 | 04 TO 06 | 5 ROOM | 110 sqm | $766,000 | $6,964 |
| Jul 2021 | 10 TO 12 | 5 ROOM | 110 sqm | $872,000 | $7,927 |
| Jul 2021 | 22 TO 24 | 5 ROOM | 110 sqm | $946,000 | $8,600 |
| May 2021 | 13 TO 15 | 5 ROOM | 110 sqm | $850,000 | $7,727 |
About Block 118B Jalan Membina
A flat at Block 118B Jalan Membina in Bukit Merah has reached $1,045,000 (Sep 2024), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 34% above the Bukit Merah median, ahead of around 88% of the town's blocks. It has a regular flow of resale activity, with 34 transactions since 2017 across 4 room, 5 room flats priced from $620,000 to $1,045,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $915,000 in Nov 2024, and the median works out to $8,072/sqm. Floor level matters here: units on the higher 22 TO 24 band have sold around 9% above those on the 04 TO 06 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9299, equivalent to roughly 0.26% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 118B Jalan Membina worth?
The most recent resale transaction at Block 118B Jalan Membina was $915,000 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $8,072, based on 34 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 118B Jalan Membina?
Block 118B Jalan Membina was built in 2003 and has approximately 77 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.26%, meaning the leasehold value decreases by approximately 0.26% per year at the current remaining lease.
What flat types are available at Block 118B Jalan Membina?
Block 118B Jalan Membina in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $620,000 to $1,045,000 based on historical transaction records from data.gov.sg.