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Block 87 Redhill Close

5 Room · Built 1995 · 67 years remaining lease · Updated May 2026 MOP Cleared

Block 87 Redhill Close has 24 recorded HDB resale transactions since 2017. Latest sale: $1,000,000 (May 2026, 5 room, floors 01–03). Median $7,066/sqm. Built 1995, 67 years lease remaining.

How this block compares

  • 5 Room$1,240,000
    +14.8%vs town(+$160k)+67.6%vs national(+$500k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$1,000,000
May 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$7,066
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 8%
#27 / 360 Top 8%
Latest Sale ?
Top 18%
#63 / 360 Top 18%
Value ($/sqm) ?
Top 38%
#136 / 360 Top 38%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.38%/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 67 years remaining 99 years
67 years 9 months
Remaining lease
↓ 0.38%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
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
5-Room $4,500 typically $4,200–$5,500 4.4% 5 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 87 Redhill Close 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
May 2026 01 TO 03 5 ROOM 129 sqm $1,000,000 $7,752
Mar 2026 07 TO 09 5 ROOM 132 sqm $1,230,000 $9,318
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
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 87 Redhill Close

A flat at Block 87 Redhill Close in Bukit Merah has reached $1,260,000 (Nov 2025), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 40% above the Bukit Merah median, ahead of around 93% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across 5 room flats priced from $750,000 to $1,260,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $1,000,000 in May 2026, and the median works out to $7,066/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9028, equivalent to roughly 0.38% 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 87 Redhill Close worth?

The most recent resale transaction at Block 87 Redhill Close was $1,000,000 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $7,066, based on 24 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 67 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.38%, meaning the leasehold value decreases by approximately 0.38% 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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