Blk 1 Jln Bt Merah
JLN BT MERAH · BUKIT MERAH · Singapore 150001 · D03
Median PSF · 12m
S$571
Median price · 12m
S$426K
Latest sale
S$443K
Sep 2026
1-year change
-1.6%
Sales · 12m
4
245 all time
Gross yield
8.85%
16 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +13.0%
- Annualised
- +3.8%
- Transactions
- 34
- 1 year
- -1.6%
- 3 years p.a.
- +2.0%
- 5 years p.a.
- +4.0%
- Median size
- 689 sqft
Against the neighbourhood
How it compares within D03
Queenstown, Tiong Bahru, Alexandra. All figures are medians over the last 12 months for HDB flats in this district.
| Measure | Blk 1 Jln Bt Merah | D03 median | Difference |
|---|---|---|---|
| Median PSF | S$571 | S$968 | -41.0% |
| Median price | S$426K | S$888K | -52.0% |
| Gross rental yield | 8.85% | 6.30% | +2.5 pts |
| 1-year price change | -1.6% | +8.7% | -10.3 pts |
This development trades about 41% below the D03 median price per square foot.
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$3,000
Contracts · 12m
16
Implied annual rent
S$36K
Gross yield
8.85%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 16 | S$3,000 |
Investment analysis
Investment score 55 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
55/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Valuationweight 22%99
How its median price per square foot compares with its own district.
- Rental yieldweight 20%96
Gross yield against every other development in its segment.
- Liquidityweight 15%42
Transactions in the last 12 months — how easily it trades.
- Price momentumweight 18%23
Three-year annualised change in median PSF, or one year where three is unavailable.
- Supply riskweight 10%22
Upcoming units recorded in the same district. Higher score means less competing supply.
- Locationweight 15%10
Distance to the nearest rail station, plus schools within 1 km. Nearest is Queenstown MRT at 1.0 km.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Queenstown MRT1.0 km
- Redhill MRT1.0 km
- Labrador Park MRT1.7 km
- Telok Blangah MRT1.8 km
Schools within 2 km
- Bukit Merah Secondary Schoolsecondary (s1-s5)580 m
- Gan Eng Seng Primary Schoolprimary820 m
- Queenstown Secondary Schoolsecondary (s1-s5)1.0 km
- Queenstown Primary Schoolprimary1.0 km
- Blangah Rise Primary Schoolprimary1.1 km
- Crescent Girls' Schoolsecondary (s1-s4)1.3 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- Terra HillHoi Hup Sunway Kent Ridge Pte Ltd270 units1.9 km
- JERVOIS MANSIONKimen Realty Pte Ltd130 units2.0 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Sep 2026 | 3 ROOM | S$442,888 | 807 sqft | S$549 | 07 TO 09 | 55 yr 7 mo |
| Sep 2026 | 3 ROOM | S$442,888 | 807 sqft | S$549 | 07 TO 09 | 55 yr 7 mo |
| Aug 2026 | 3 ROOM | S$408,888 | 689 sqft | S$594 | 10 TO 12 | 55 yr 8 mo |
| Aug 2026 | 3 ROOM | S$408,888 | 689 sqft | S$594 | 10 TO 12 | 55 yr 8 mo |
| Mar 2025 | 3 ROOM | S$415,000 | 689 sqft | S$602 | 07 TO 09 | 57 yr 2 mo |
| Mar 2025 | 3 ROOM | S$415,000 | 689 sqft | S$602 | 07 TO 09 | 57 yr 2 mo |
| Mar 2025 | 3 ROOM | S$395,000 | 689 sqft | S$573 | 04 TO 06 | 57 yr 1 mo |
| Mar 2025 | 3 ROOM | S$395,000 | 689 sqft | S$573 | 04 TO 06 | 57 yr 1 mo |
| Jan 2025 | 3 ROOM | S$405,000 | 689 sqft | S$588 | 10 TO 12 | 57 yr 4 mo |
| Jan 2025 | 3 ROOM | S$405,000 | 689 sqft | S$588 | 10 TO 12 | 57 yr 4 mo |
| Dec 2024 | 3 ROOM | S$355,000 | 689 sqft | S$515 | 01 TO 03 | 57 yr 6 mo |
| Dec 2024 | 3 ROOM | S$355,000 | 689 sqft | S$515 | 01 TO 03 | 57 yr 6 mo |
| Jul 2024 | 3 ROOM | S$375,888 | 689 sqft | S$546 | 07 TO 09 | 57 yr 9 mo |
| Jul 2024 | 3 ROOM | S$375,888 | 689 sqft | S$546 | 07 TO 09 | 57 yr 9 mo |
| Jun 2024 | 3 ROOM | S$434,888 | 689 sqft | S$631 | 10 TO 12 | 57 yr 11 mo |
| Jun 2024 | 3 ROOM | S$434,888 | 689 sqft | S$631 | 10 TO 12 | 57 yr 11 mo |
| Mar 2024 | 3 ROOM | S$400,000 | 689 sqft | S$581 | 13 TO 15 | 58 yr 1 mo |
| Mar 2024 | 3 ROOM | S$400,000 | 689 sqft | S$581 | 13 TO 15 | 58 yr 1 mo |
| Mar 2024 | 3 ROOM | S$355,500 | 689 sqft | S$516 | 01 TO 03 | 58 yr 3 mo |
| Mar 2024 | 3 ROOM | S$355,500 | 689 sqft | S$516 | 01 TO 03 | 58 yr 3 mo |
| Dec 2023 | 3 ROOM | S$370,000 | 689 sqft | S$537 | 07 TO 09 | 58 yr 4 mo |
| Dec 2023 | 3 ROOM | S$370,000 | 689 sqft | S$537 | 07 TO 09 | 58 yr 4 mo |
| Oct 2023 | 3 ROOM | S$392,000 | 689 sqft | S$569 | 10 TO 12 | 58 yr 7 mo |
| Oct 2023 | 3 ROOM | S$392,000 | 689 sqft | S$569 | 10 TO 12 | 58 yr 7 mo |
| Jan 2023 | 3 ROOM | S$320,000 | 689 sqft | S$465 | 04 TO 06 | 59 yr 4 mo |
| Jan 2023 | 3 ROOM | S$320,000 | 689 sqft | S$465 | 04 TO 06 | 59 yr 4 mo |
| Dec 2022 | 3 ROOM | S$371,100 | 689 sqft | S$539 | 10 TO 12 | 59 yr 5 mo |
| Dec 2022 | 3 ROOM | S$371,100 | 689 sqft | S$539 | 10 TO 12 | 59 yr 5 mo |
| Sep 2022 | 3 ROOM | S$350,000 | 689 sqft | S$508 | 10 TO 12 | 59 yr 8 mo |
| Sep 2022 | 3 ROOM | S$350,000 | 689 sqft | S$508 | 10 TO 12 | 59 yr 8 mo |
| Jun 2022 | 3 ROOM | S$355,000 | 689 sqft | S$515 | 13 TO 15 | 59 yr 10 mo |
| Jun 2022 | 3 ROOM | S$355,000 | 689 sqft | S$515 | 13 TO 15 | 59 yr 10 mo |
| Oct 2021 | 3 ROOM | S$298,000 | 689 sqft | S$433 | 04 TO 06 | 60 yr 6 mo |
| Sep 2021 | 3 ROOM | S$348,000 | 689 sqft | S$505 | 07 TO 09 | 60 yr 7 mo |
| Oct 2020 | 3 ROOM | S$308,000 | 689 sqft | S$447 | 07 TO 09 | 61 yr 6 mo |
| May 2020 | 3 ROOM | S$300,000 | 689 sqft | S$435 | 10 TO 12 | 62 yrs |
| Mar 2020 | 3 ROOM | S$290,000 | 689 sqft | S$421 | 01 TO 03 | 62 yr 1 mo |
| Mar 2020 | 3 ROOM | S$265,000 | 689 sqft | S$385 | 04 TO 06 | 62 yr 2 mo |
| Sep 2019 | 3 ROOM | S$300,000 | 689 sqft | S$435 | 07 TO 09 | 62 yr 7 mo |
| Aug 2019 | 3 ROOM | S$290,000 | 689 sqft | S$421 | 04 TO 06 | 62 yr 8 mo |
Showing the 40 most recent of 245 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 2 Jln Bt Merah
S$554
+2.0%10 sales8.9% yield
Blk 28 Jln Bt Merah
S$503
-7.1%14 sales10.7% yield
Blk 14 Jln Bt Merah
S$805
—2 sales5.2% yield
Blk 13 Jln Bt Merah
S$770
+4.1%2 sales4.4% yield
Blk 12 Jln Bt Merah
S$715
-7.2%4 sales4.9% yield
Blk 28 Hoy Fatt Rd
S$514
-10.8%6 sales9.9% yield
Blk 36 Jln Rumah Tinggi
S$702
+3.1%4 sales5.3% yield
Blk 8 Jln Rumah Tinggi
S$643
+7.6%4 sales5.6% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.