Blk 124 Bt Merah Lane 1
BT MERAH LANE 1 · BUKIT MERAH · Singapore 150124 · D03
Median PSF · 12m
—
Median price · 12m
—
Latest sale
S$380K
Sep 2023
1-year change
—
Sales · 12m
0
14 all time
Gross yield
—
2 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
- -1.0%
- Annualised
- -1.4%
- Transactions
- 3
- 1 year
- —
- 3 years p.a.
- —
- 5 years p.a.
- —
- Median size
- 721 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 124 Bt Merah Lane 1 | D03 median | Difference |
|---|---|---|---|
| Median PSF | — | S$962 | — |
| Median price | — | S$880K | — |
| Gross rental yield | — | 6.34% | — |
| 1-year price change | — | +8.2% | — |
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$3,050
Contracts · 12m
2
Implied annual rent
S$37K
Gross yield
—
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 2 | S$3,050 |
Investment analysis
Not enough to score this one
The investment score needs at least half its factors to be measurable, and this development does not clear that bar — nothing has traded here in the last 12 months. Rather than publish a low number that really means “we cannot tell”, no score is shown. The transaction history below is still complete.
Location
Nearby amenities
Rail stations
- Queenstown MRT1.0 km
- Labrador Park MRT1.5 km
- Redhill MRT1.6 km
- Pasir Panjang MRT1.7 km
Schools within 2 km
- Bukit Merah Secondary Schoolsecondary (s1-s5)1.1 km
- Queenstown Primary Schoolprimary1.2 km
- Blangah Rise Primary Schoolprimary1.2 km
- Gan Eng Seng Primary Schoolprimary1.3 km
- Queenstown Secondary Schoolsecondary (s1-s5)1.4 km
- New Town Primary Schoolprimary1.6 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- Terra HillHoi Hup Sunway Kent Ridge Pte Ltd270 units1.4 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 2023 | 3 ROOM | S$380,000 | 721 sqft | S$527 | 04 TO 06 | 55 yr 3 mo |
| Apr 2022 | 3 ROOM | S$400,000 | 861 sqft | S$465 | 01 TO 03 | 56 yr 8 mo |
| Dec 2021 | 3 ROOM | S$384,000 | 721 sqft | S$532 | 01 TO 03 | 57 yrs |
| Jan 2014 | 3 ROOM | S$385,000 | 721 sqft | S$534 | 04 TO 06 | 64 yrs |
| Jul 2010 | 3 ROOM | S$302,000 | 721 sqft | S$419 | 04 TO 06 | 67 yr 6 mo |
| Sep 2009 | 3 ROOM | S$247,000 | 721 sqft | S$342 | 01 TO 03 | 68 yr 4 mo |
| Oct 2008 | 3 ROOM | S$251,000 | 721 sqft | S$348 | 04 TO 06 | 69 yr 3 mo |
| Oct 2004 | 3 ROOM | S$210,000 | 721 sqft | S$291 | 01 TO 03 | 73 yr 3 mo |
| Jan 2004 | 3 ROOM | S$170,000 | 721 sqft | S$236 | 01 TO 03 | 74 yrs |
| May 2003 | 3 ROOM | S$148,000 | 721 sqft | S$205 | 01 TO 03 | 74 yr 8 mo |
| Oct 2002 | 3 ROOM | S$153,000 | 721 sqft | S$212 | 01 TO 03 | 75 yr 3 mo |
| May 2001 | 3 ROOM | S$164,000 | 883 sqft | S$186 | 01 TO 03 | 76 yr 8 mo |
| Feb 1998 | 3 ROOM | S$170,000 | 721 sqft | S$236 | 01 TO 03 | 79 yr 11 mo |
| Aug 1994 | 3 ROOM | S$113,000 | 721 sqft | S$157 | 04 TO 06 | 83 yr 5 mo |
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%5 sales8.9% yield
Blk 168A Queensway
S$584
+8.0%1 sales8.0% yield
Blk 12 Jln Bt Merah
S$715
-7.2%2 sales4.9% yield
Blk 13 Jln Bt Merah
S$770
+4.1%1 sales4.4% yield
Blk 168 Stirling Rd
S$548
+3.5%4 sales9.7% yield
Blk 167 Stirling Rd
S$500
-10.3%3 sales9.9% yield
Blk 14 Jln Bt Merah
S$805
—1 sales5.3% yield
Blk 169 Stirling Rd
S$585
+4.7%8 sales9.7% 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.