Blk 128 Bt Merah View
BT MERAH VIEW · BUKIT MERAH · Singapore 150128 · D03
Median PSF · 12m
S$543
Median price · 12m
S$390K
Latest sale
S$380K
Sep 2026
1-year change
-1.5%
Sales · 12m
10
312 all time
Gross yield
9.50%
18 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
- +8.6%
- Annualised
- +2.4%
- Transactions
- 38
- 1 year
- -1.5%
- 3 years p.a.
- -0.4%
- 5 years p.a.
- +1.7%
- 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.
| Measure | Blk 128 Bt Merah View | D03 median | Difference |
|---|---|---|---|
| Median PSF | S$543 | S$968 | -43.9% |
| Median price | S$390K | S$888K | -56.1% |
| Gross rental yield | 9.50% | 6.30% | +3.2 pts |
| 1-year price change | -1.5% | +8.7% | -10.1 pts |
This development trades about 44% 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
18
Implied annual rent
S$38K
Gross yield
9.50%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 18 | S$3,200 |
Investment analysis
Investment score 63 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
63/100
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%85
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%34
Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 580 m.
- Supply riskweight 10%22
Upcoming units recorded in the same district. Higher score means less competing supply.
- Price momentumweight 18%8
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 apartmentsNovaterra Residential Pte Ltd · TOP 2030515 units780 m
- Residential apartmentsWee Hur Thomson Residential Pte Ltd596 units780 m
- Residential apartmentsSim Lian JV (Holland 2) Pte Ltd264 units780 m
- Residential apartmentsKingsford Southern Development Pte Ltd741 units780 m
- Residential apartmentsPhoenix Kallang Pte Ltd463 units780 m
- Residential apartmentsTimes Square Mall Pte Ltd/Polaris Time Square Residences Pte Ltd876 units780 m
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$380,000 | 700 sqft | S$543 | 01 TO 03 | 45 yr 10 mo |
| Sep 2026 | 3 ROOM | S$380,000 | 700 sqft | S$543 | 01 TO 03 | 45 yr 10 mo |
| Jul 2026 | 3 ROOM | S$433,000 | 700 sqft | S$619 | 04 TO 06 | 46 yrs |
| Jul 2026 | 3 ROOM | S$433,000 | 700 sqft | S$619 | 04 TO 06 | 46 yrs |
| Jul 2026 | 3 ROOM | S$390,000 | 818 sqft | S$477 | 01 TO 03 | 46 yr 1 mo |
| Jul 2026 | 3 ROOM | S$390,000 | 818 sqft | S$477 | 01 TO 03 | 46 yr 1 mo |
| Mar 2026 | 3 ROOM | S$350,000 | 700 sqft | S$500 | 19 TO 21 | 46 yr 5 mo |
| Mar 2026 | 3 ROOM | S$350,000 | 700 sqft | S$500 | 19 TO 21 | 46 yr 5 mo |
| Nov 2025 | 3 ROOM | S$418,000 | 700 sqft | S$597 | 04 TO 06 | 46 yr 9 mo |
| Nov 2025 | 3 ROOM | S$418,000 | 700 sqft | S$597 | 04 TO 06 | 46 yr 9 mo |
| Jun 2025 | 3 ROOM | S$450,888 | 818 sqft | S$551 | 19 TO 21 | 47 yr 2 mo |
| Jun 2025 | 3 ROOM | S$450,888 | 818 sqft | S$551 | 19 TO 21 | 47 yr 2 mo |
| Jun 2025 | 3 ROOM | S$428,000 | 700 sqft | S$612 | 10 TO 12 | 47 yr 2 mo |
| Jun 2025 | 3 ROOM | S$428,000 | 700 sqft | S$612 | 10 TO 12 | 47 yr 2 mo |
| Apr 2025 | 3 ROOM | S$431,000 | 700 sqft | S$616 | 16 TO 18 | 47 yr 4 mo |
| Apr 2025 | 3 ROOM | S$431,000 | 700 sqft | S$616 | 16 TO 18 | 47 yr 4 mo |
| Apr 2025 | 3 ROOM | S$350,000 | 700 sqft | S$500 | 16 TO 18 | 47 yr 4 mo |
| Apr 2025 | 3 ROOM | S$350,000 | 700 sqft | S$500 | 16 TO 18 | 47 yr 4 mo |
| Mar 2025 | 3 ROOM | S$360,000 | 700 sqft | S$515 | 13 TO 15 | 47 yr 5 mo |
| Mar 2025 | 3 ROOM | S$360,000 | 700 sqft | S$515 | 13 TO 15 | 47 yr 5 mo |
| Oct 2024 | 3 ROOM | S$382,000 | 700 sqft | S$546 | 19 TO 21 | 47 yr 10 mo |
| Oct 2024 | 3 ROOM | S$382,000 | 700 sqft | S$546 | 19 TO 21 | 47 yr 10 mo |
| Jun 2024 | 3 ROOM | S$368,000 | 700 sqft | S$526 | 16 TO 18 | 48 yr 2 mo |
| Jun 2024 | 3 ROOM | S$368,000 | 700 sqft | S$526 | 16 TO 18 | 48 yr 2 mo |
| Feb 2024 | 3 ROOM | S$400,000 | 818 sqft | S$489 | 16 TO 18 | 48 yr 6 mo |
| Feb 2024 | 3 ROOM | S$400,000 | 818 sqft | S$489 | 16 TO 18 | 48 yr 6 mo |
| Nov 2023 | 3 ROOM | S$372,000 | 700 sqft | S$532 | 16 TO 18 | 48 yr 9 mo |
| Nov 2023 | 3 ROOM | S$372,000 | 700 sqft | S$532 | 16 TO 18 | 48 yr 9 mo |
| Aug 2023 | 3 ROOM | S$385,000 | 700 sqft | S$550 | 19 TO 21 | 49 yrs |
| Aug 2023 | 3 ROOM | S$385,000 | 700 sqft | S$550 | 19 TO 21 | 49 yrs |
| Apr 2022 | 3 ROOM | S$395,000 | 700 sqft | S$565 | 16 TO 18 | 50 yr 4 mo |
| Apr 2022 | 3 ROOM | S$395,000 | 700 sqft | S$565 | 16 TO 18 | 50 yr 4 mo |
| Mar 2022 | 3 ROOM | S$345,000 | 700 sqft | S$493 | 10 TO 12 | 50 yr 5 mo |
| Mar 2022 | 3 ROOM | S$345,000 | 700 sqft | S$493 | 10 TO 12 | 50 yr 5 mo |
| Mar 2022 | 3 ROOM | S$312,000 | 700 sqft | S$446 | 01 TO 03 | 50 yr 5 mo |
| Mar 2022 | 3 ROOM | S$312,000 | 700 sqft | S$446 | 01 TO 03 | 50 yr 5 mo |
| Oct 2021 | 3 ROOM | S$356,000 | 700 sqft | S$509 | 16 TO 18 | 50 yr 10 mo |
| Sep 2021 | 3 ROOM | S$350,000 | 700 sqft | S$500 | 16 TO 18 | 50 yr 11 mo |
| Jun 2021 | 3 ROOM | S$380,088 | 700 sqft | S$543 | 16 TO 18 | 51 yr 2 mo |
| Mar 2021 | 3 ROOM | S$330,000 | 700 sqft | S$472 | 13 TO 15 | 51 yr 4 mo |
Showing the 40 most recent of 312 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 120 Bt Merah View
S$591
+10.6%2 sales7.7% yield
Blk 129 Bt Merah View
S$593
-2.4%10 sales8.9% yield
Blk 27A Jln Membina
S$998
-1.9%14 sales5.1% yield
Blk 27B Jln Membina
S$993
+3.3%6 sales4.7% yield
Blk 126 Bt Merah View
S$906
+3.2%4 sales4.3% yield
Blk 26C Jln Membina
S$1,086
+2.4%4 sales5.1% yield
Blk 26D Jln Membina
S$996
-0.6%12 sales5.3% yield
Blk 130 Bt Merah View
S$599
-2.5%8 sales8.5% 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.