Block 87 Redhill Close

5 Room · Built 1995 · 68 years remaining lease MOP Cleared
Latest Sale
$1,260,000
Nov 2025 · 5 ROOM · #10-12
Median $/sqm
$7,063
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
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Insufficient data
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 68 years remaining 99 years
68 years 3 months
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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
Nov 2025 10 TO 12 5 ROOM 132 sqm $1,260,000 $9,545
Sep 2025 10 TO 12 5 ROOM 137 sqm $1,250,000 $9,124
Jun 2025 10 TO 12 5 ROOM 137 sqm $1,210,000 $8,832
May 2025 13 TO 15 5 ROOM 132 sqm $1,180,000 $8,939
May 2024 16 TO 18 5 ROOM 126 sqm $1,028,000 $8,159
Oct 2023 10 TO 12 5 ROOM 126 sqm $992,000 $7,873
Sep 2023 16 TO 18 5 ROOM 126 sqm $965,000 $7,659
Aug 2022 04 TO 06 5 ROOM 129 sqm $912,000 $7,070
Mar 2022 19 TO 21 5 ROOM 129 sqm $945,000 $7,326
Jan 2022 04 TO 06 5 ROOM 126 sqm $858,888 $6,817
Jan 2022 19 TO 21 5 ROOM 126 sqm $888,000 $7,048
Aug 2020 16 TO 18 5 ROOM 137 sqm $891,000 $6,504
Aug 2020 07 TO 09 5 ROOM 132 sqm $858,000 $6,500
Jan 2020 07 TO 09 5 ROOM 126 sqm $830,000 $6,587
Oct 2019 19 TO 21 5 ROOM 137 sqm $895,000 $6,533
Mar 2019 04 TO 06 5 ROOM 137 sqm $860,000 $6,277
Jul 2018 16 TO 18 5 ROOM 126 sqm $890,000 $7,063
May 2018 16 TO 18 5 ROOM 126 sqm $890,000 $7,063
Apr 2018 13 TO 15 5 ROOM 126 sqm $830,000 $6,587
Sep 2017 10 TO 12 5 ROOM 126 sqm $823,000 $6,532
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 87 Redhill Close

Block 87 at Redhill Close is a residential HDB block in Bukit Merah, Singapore, built in 1995 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $750,000 to $1,260,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $1,260,000 in 2025-11. The current median price per square metre is $7,063. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9044, with an annual lease decay rate of approximately 0.37%. 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 87 Redhill Close worth?

The most recent resale transaction at Block 87 Redhill Close was $1,260,000 for a 5 room flat in 2025-11. The median price per square metre across all flat types is $7,063, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 87 Redhill Close?

Block 87 Redhill Close was built in 1995 and has approximately 68 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 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 87 Redhill Close?

Block 87 Redhill Close in Bukit Merah contains 5 room flats. Resale prices range from $750,000 to $1,260,000 based on historical transaction records from data.gov.sg.

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