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SG Property Intel
HDB99-yearBuilt 1973Rest of Central RegionInvestment score 64

Blk 128 Bt Merah View

BT MERAH VIEW · BUKIT MERAH · Singapore 150128 · D03

Median PSF · 12m

S$549

Median price · 12m

S$404K

Latest sale

S$433K

Jul 2026

1-year change

+0.0%

Sales · 12m

4

293 all time

Gross yield

9.43%

19 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
+9.5%
Annualised
+2.6%
Transactions
19
1 year
+0.0%
3 years p.a.
-0.1%
5 years p.a.
+2.5%
Median size
700 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.

District analytics
MeasureBlk 128 Bt Merah ViewD03 medianDifference
Median PSFS$549S$961-42.9%
Median priceS$404KS$880K-54.1%
Gross rental yield9.43%6.34%+3.1 pts
1-year price change+0.0%+8.0%-7.9 pts

This development trades about 43% 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$3,200

Contracts · 12m

19

Implied annual rent

S$38K

Gross yield

9.43%

Unit typeContractsMedian rent
3 ROOM19S$3,200

Investment analysis

Investment score 64 / 100

Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.

64/100

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%98

    Gross yield against every other development in its segment.

  • Liquidityweight 15%79

    Transactions in the last 12 months — how easily it trades.

  • Supply riskweight 10%38

    Upcoming units recorded in the same district. Higher score means less competing supply.

  • Locationweight 15%34

    Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 580 m.

  • Price momentumweight 18%9

    Three-year annualised change in median PSF, or one year where three is unavailable.

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

  • Tiong Bahru MRT580 m
  • Redhill MRT1.0 km
  • Havelock MRT1.3 km
  • Cc30 MRT1.6 km

Schools within 2 km

  • Zhangde Primary Schoolprimary340 m
  • Gan Eng Seng Schoolsecondary (s1-s5)720 m
  • Gan Eng Seng Primary Schoolprimary930 m
  • Alexandra Primary Schoolprimary1.0 km
  • Bukit Merah Secondary Schoolsecondary (s1-s5)1.1 km
  • Crescent Girls' Schoolsecondary (s1-s4)1.4 km

Distances are straight-line. Proximity does not determine school admission eligibility.

Supply

Upcoming competition

  • Residential apartmentsTimes Square Mall Pte Ltd/Polaris Time Square Residences Pte Ltd876 units780 m
  • Residential apartmentsChuan Grove Pte Ltd1,056 units780 m
  • Residential apartmentsHPL Properties Pte Ltd304 units780 m
  • JERVOIS MANSIONKimen Realty Pte Ltd130 units1.2 km
  • THE AVENIRCarmel Development Pte Ltd376 units2.0 km

High upcoming supply nearby may increase competition for tenants and buyers.

The record

Transactions at this development

Browse all transactions
MonthTypePriceSizePSFFloorLease left
Jul 20263 ROOMS$433,000700 sqftS$61904 TO 0646 yrs
Jul 20263 ROOMS$390,000818 sqftS$47701 TO 0346 yr 1 mo
Mar 20263 ROOMS$350,000700 sqftS$50019 TO 2146 yr 5 mo
Nov 20253 ROOMS$418,000700 sqftS$59704 TO 0646 yr 9 mo
Jun 20253 ROOMS$450,888818 sqftS$55119 TO 2147 yr 2 mo
Jun 20253 ROOMS$428,000700 sqftS$61210 TO 1247 yr 2 mo
Apr 20253 ROOMS$431,000700 sqftS$61616 TO 1847 yr 4 mo
Apr 20253 ROOMS$350,000700 sqftS$50016 TO 1847 yr 4 mo
Mar 20253 ROOMS$360,000700 sqftS$51513 TO 1547 yr 5 mo
Oct 20243 ROOMS$382,000700 sqftS$54619 TO 2147 yr 10 mo
Jun 20243 ROOMS$368,000700 sqftS$52616 TO 1848 yr 2 mo
Feb 20243 ROOMS$400,000818 sqftS$48916 TO 1848 yr 6 mo
Nov 20233 ROOMS$372,000700 sqftS$53216 TO 1848 yr 9 mo
Aug 20233 ROOMS$385,000700 sqftS$55019 TO 2149 yrs
Apr 20223 ROOMS$395,000700 sqftS$56516 TO 1850 yr 4 mo
Mar 20223 ROOMS$345,000700 sqftS$49310 TO 1250 yr 5 mo
Mar 20223 ROOMS$312,000700 sqftS$44601 TO 0350 yr 5 mo
Oct 20213 ROOMS$356,000700 sqftS$50916 TO 1850 yr 10 mo
Sep 20213 ROOMS$350,000700 sqftS$50016 TO 1850 yr 11 mo
Jun 20213 ROOMS$380,088700 sqftS$54316 TO 1851 yr 2 mo
Mar 20213 ROOMS$330,000700 sqftS$47213 TO 1551 yr 4 mo
Mar 20213 ROOMS$300,000700 sqftS$42904 TO 0651 yr 4 mo
Aug 20203 ROOMS$260,000700 sqftS$37201 TO 0351 yr 11 mo
Jun 20203 ROOMS$350,000818 sqftS$42807 TO 0952 yr 3 mo
Apr 20203 ROOMS$300,000700 sqftS$42907 TO 0952 yr 4 mo
Feb 20203 ROOMS$380,000818 sqftS$46513 TO 1552 yr 6 mo
Oct 20193 ROOMS$272,000700 sqftS$38904 TO 0652 yr 9 mo
Aug 20193 ROOMS$330,000700 sqftS$47219 TO 2152 yr 11 mo
Mar 20193 ROOMS$295,000700 sqftS$42204 TO 0653 yr 4 mo
Mar 20193 ROOMS$278,000700 sqftS$39713 TO 1553 yr 4 mo
Dec 20183 ROOMS$325,000700 sqftS$46507 TO 0953 yr 7 mo
Nov 20183 ROOMS$330,000700 sqftS$47216 TO 1853 yr 9 mo
Oct 20183 ROOMS$327,000700 sqftS$46716 TO 1853 yr 9 mo
Oct 20183 ROOMS$322,800700 sqftS$46113 TO 1553 yr 9 mo
Oct 20183 ROOMS$295,000700 sqftS$42204 TO 0653 yr 10 mo
Sep 20183 ROOMS$310,000700 sqftS$44307 TO 0953 yr 11 mo
Aug 20183 ROOMS$320,000700 sqftS$45707 TO 0954 yrs
Jul 20183 ROOMS$378,000818 sqftS$46216 TO 1854 yrs
Nov 20173 ROOMS$355,000700 sqftS$50713 TO 1554 yr 8 mo
Aug 20173 ROOMS$396,888818 sqftS$48513 TO 1554 yr 11 mo

Showing the 40 most recent of 293 recorded transactions.

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.