HDB Town
Bukit Merah
Mature Estate
Median Price
$785K
Avg PSF
$813
Transactions (12m)
801
Estate Type
Mature
Price by Flat Type
4 Room
$930K
3 Room
$435K
5 Room
$1.11M
2 Room
$295K
1 Room
$270K
Recent Transactions
| Address | Flat Type | Price | PSF | Area (sqft) | Month |
|---|---|---|---|---|---|
| 21 Telok Blangah Cres | 3 Room | $432K | $528 | 818 | 2026-01 |
| 93b Telok Blangah St 31 | 3 Room | $758K | $1,036 | 732 | 2026-01 |
| 118d Jln Membina | 4 Room | $930K | $949 | 980 | 2026-01 |
| 27 Telok Blangah Way | 4 Room | $485K | $549 | 883 | 2026-01 |
| 96a Henderson Rd | 5 Room | $1.53M | $1,258 | 1,216 | 2026-01 |
| 36 Beo Cres | 2 Room | $278K | $478 | 581 | 2026-01 |
| 54 Havelock Rd | 3 Room | $780K | $1,050 | 743 | 2026-01 |
| 57 Havelock Rd | 3 Room | $840K | $1,131 | 743 | 2026-01 |
| 16 Taman Ho Swee | 3 Room | $405K | $570 | 710 | 2026-01 |
| 120a Kim Tian Pl | 4 Room | $950K | $883 | 1,076 | 2026-01 |
HDB Projects
BTO vs Resale in Bukit Merah
Bukit Merah is a mature estate. BTO launches are highly competitive — first-timer success rate for 4-room flats is ~18%.
| Factor | BTO (New) | Resale |
|---|---|---|
| Price Range | From ~$100K (2-room) to ~$600K+ (5-room) | Median $785K |
| Waiting Time | 4–5 years (under construction) | Immediate (move in upon completion) |
| Location Choice | Limited to BTO launch sites | Any HDB block in any town |
| Ballot Success (4-room, 1st timer) | ~18% chance | No ballot needed |
| First-Timer Priority | 95% of units reserved | No priority system |
| Grants Available | EHG (up to $80K) | EHG + Family/Singles Grant + Proximity Grant |
| Renovation | Full renovation needed (bare unit) | May need partial renovation |
| Lease | Fresh 99-year lease | Remaining lease varies (40–90+ years) |
BTO success rates based on HDB data 2020–2025. Resale median based on 12-month transactions.
HDB Grants You May Qualify For
Select your purchase type and applicant status to see available grants. Amounts shown are approximate maximums — actual amounts depend on income.
Enhanced CPF Housing Grant (EHG)
Income-tiered grant for first-time buyers. Amount decreases as income increases.
CPF Housing Grant (Family)
For families buying resale HDB. First-timers receive higher amounts.
Proximity Housing Grant (PHG)
For buying a resale flat near parents or children. Living with: higher amount.
Step-Up CPF Housing Grant
For upgrading from 2-room Flexi to a larger resale flat.
Grant amounts are approximate maximums as of 2025. Eligibility depends on citizenship, income, property ownership history, and other factors. Refer to HDB.gov.sg for the latest rates.