Blk 131 Jln Bt Merah
JLN BT MERAH · BUKIT MERAH · Singapore 160131 · D03
Median PSF · 12m
S$513
Median price · 12m
S$420K
Latest sale
S$420K
Dec 2025
1-year change
-1.0%
Sales · 12m
1
132 all time
Gross yield
9.09%
3 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
- +18.2%
- Annualised
- +8.7%
- Transactions
- 11
- 1 year
- -1.0%
- 3 years p.a.
- -1.4%
- 5 years p.a.
- +3.4%
- 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 131 Jln Bt Merah | D03 median | Difference |
|---|---|---|---|
| Median PSF | S$513 | S$961 | -46.6% |
| Median price | S$420K | S$880K | -52.3% |
| Gross rental yield | 9.09% | 6.34% | +2.8 pts |
| 1-year price change | -1.0% | +8.0% | -9.0 pts |
This development trades about 47% 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
3
Implied annual rent
S$36K
Gross yield
9.09%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 3 | S$3,000 |
Investment analysis
Investment score 53 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
53/100
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%100
How its median price per square foot compares with its own district.
- Rental yieldweight 20%97
Gross yield against every other development in its segment.
- Supply riskweight 10%38
Upcoming units recorded in the same district. Higher score means less competing supply.
- Liquidityweight 15%22
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%21
Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 660 m.
- Price momentumweight 18%6
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 MRT660 m
- Havelock MRT1.1 km
- Cc30 MRT1.1 km
- Keppel MRT1.1 km
Schools within 2 km
- Zhangde Primary Schoolprimary510 m
- Gan Eng Seng Schoolsecondary (s1-s5)1.1 km
- Alexandra Primary Schoolprimary1.3 km
- Gan Eng Seng Primary Schoolprimary1.5 km
- Bukit Merah Secondary Schoolsecondary (s1-s5)1.7 km
- River Valley Primary Schoolprimary1.8 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 units330 m
- Residential apartmentsChuan Grove Pte Ltd1,056 units330 m
- Residential apartmentsHPL Properties Pte Ltd304 units330 m
- JERVOIS MANSIONKimen Realty Pte Ltd130 units1.5 km
- THE AVENIRCarmel Development Pte Ltd376 units1.8 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 |
|---|---|---|---|---|---|---|
| Dec 2025 | 3 ROOM | S$420,000 | 818 sqft | S$513 | 04 TO 06 | 49 yr 2 mo |
| Nov 2024 | 3 ROOM | S$330,000 | 700 sqft | S$472 | 01 TO 03 | 50 yr 3 mo |
| Oct 2024 | 3 ROOM | S$396,000 | 700 sqft | S$566 | 04 TO 06 | 50 yr 4 mo |
| Mar 2024 | 3 ROOM | S$360,000 | 700 sqft | S$515 | 04 TO 06 | 50 yr 11 mo |
| Jun 2023 | 3 ROOM | S$360,000 | 700 sqft | S$515 | 07 TO 09 | 51 yr 8 mo |
| Jan 2023 | 3 ROOM | S$390,000 | 700 sqft | S$557 | 07 TO 09 | 52 yr 1 mo |
| Aug 2022 | 3 ROOM | S$360,000 | 818 sqft | S$440 | 04 TO 06 | 52 yr 6 mo |
| Jun 2021 | 3 ROOM | S$315,000 | 700 sqft | S$450 | 10 TO 12 | 53 yr 8 mo |
| May 2021 | 3 ROOM | S$300,000 | 700 sqft | S$429 | 07 TO 09 | 53 yr 9 mo |
| Mar 2021 | 3 ROOM | S$308,000 | 700 sqft | S$440 | 07 TO 09 | 53 yr 10 mo |
| Jan 2021 | 3 ROOM | S$300,000 | 700 sqft | S$429 | 07 TO 09 | 54 yr 1 mo |
| Sep 2020 | 3 ROOM | S$290,000 | 700 sqft | S$414 | 04 TO 06 | 54 yr 4 mo |
| Jan 2020 | 3 ROOM | S$298,000 | 818 sqft | S$364 | 07 TO 09 | 55 yrs |
| Sep 2019 | 3 ROOM | S$288,000 | 700 sqft | S$412 | 01 TO 03 | 55 yr 4 mo |
| Jul 2019 | 3 ROOM | S$295,000 | 700 sqft | S$422 | 04 TO 06 | 55 yr 6 mo |
| Apr 2019 | 3 ROOM | S$235,000 | 700 sqft | S$336 | 01 TO 03 | 55 yr 10 mo |
| Mar 2019 | 3 ROOM | S$280,000 | 700 sqft | S$400 | 07 TO 09 | 55 yr 10 mo |
| Jun 2018 | 3 ROOM | S$315,000 | 700 sqft | S$450 | 04 TO 06 | 56 yr 8 mo |
| Jun 2018 | 3 ROOM | S$300,000 | 700 sqft | S$429 | 07 TO 09 | 56 yr 8 mo |
| Apr 2018 | 3 ROOM | S$300,000 | 700 sqft | S$429 | 04 TO 06 | 56 yr 9 mo |
| Dec 2017 | 3 ROOM | S$333,000 | 700 sqft | S$476 | 04 TO 06 | 57 yr 1 mo |
| Sep 2017 | 3 ROOM | S$340,000 | 700 sqft | S$486 | 07 TO 09 | 57 yr 5 mo |
| May 2017 | 3 ROOM | S$300,000 | 700 sqft | S$429 | 04 TO 06 | 57 yr 8 mo |
| Jan 2017 | 3 ROOM | S$353,000 | 700 sqft | S$505 | 07 TO 09 | 58 yrs |
| Jan 2017 | 3 ROOM | S$322,000 | 700 sqft | S$460 | 01 TO 03 | 58 yrs |
| Oct 2016 | 3 ROOM | S$338,000 | 700 sqft | S$483 | 10 TO 12 | 58 yrs |
| Jun 2016 | 3 ROOM | S$363,000 | 700 sqft | S$519 | 07 TO 09 | 58 yrs |
| Apr 2016 | 3 ROOM | S$385,000 | 700 sqft | S$550 | 07 TO 09 | 58 yrs |
| Aug 2014 | 3 ROOM | S$400,000 | 700 sqft | S$572 | 07 TO 09 | 60 yr 5 mo |
| Aug 2014 | 3 ROOM | S$348,000 | 700 sqft | S$497 | 01 TO 03 | 60 yr 5 mo |
| Dec 2013 | 3 ROOM | S$385,000 | 700 sqft | S$550 | 07 TO 09 | 61 yr 1 mo |
| Jul 2012 | 3 ROOM | S$386,000 | 700 sqft | S$552 | 07 TO 09 | 62 yr 6 mo |
| Aug 2011 | 3 ROOM | S$450,000 | 818 sqft | S$550 | 07 TO 09 | 63 yr 5 mo |
| Aug 2011 | 3 ROOM | S$358,000 | 700 sqft | S$512 | 01 TO 03 | 63 yr 5 mo |
| Jul 2011 | 3 ROOM | S$408,000 | 700 sqft | S$583 | 10 TO 12 | 63 yr 6 mo |
| May 2011 | 3 ROOM | S$365,000 | 700 sqft | S$522 | 07 TO 09 | 63 yr 8 mo |
| Apr 2011 | 3 ROOM | S$400,000 | 818 sqft | S$489 | 07 TO 09 | 63 yr 9 mo |
| Oct 2010 | 3 ROOM | S$380,000 | 700 sqft | S$543 | 07 TO 09 | 64 yr 3 mo |
| Jun 2010 | 3 ROOM | S$336,000 | 700 sqft | S$480 | 04 TO 06 | 64 yr 7 mo |
| May 2010 | 3 ROOM | S$350,000 | 700 sqft | S$500 | 07 TO 09 | 64 yr 8 mo |
Showing the 40 most recent of 132 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 131C Kim Tian Rd
S$910
+21.3%2 sales5.5% yield
Blk 131B Kim Tian Rd
S$836
-8.0%4 sales4.9% yield
Blk 133 Jln Bt Merah
S$585
+0.0%5 sales9.7% yield
Blk 130 Kim Tian Rd
S$586
-0.4%1 sales8.9% yield
Blk 119B Kim Tian Rd
S$884
-3.2%1 sales5.0% yield
Blk 119C Kim Tian Rd
S$946
+1.8%4 sales4.9% yield
Blk 119D Kim Tian Rd
S$932
+2.2%6 sales5.1% yield
Blk 139 Jln Bt Merah
S$727
+17.6%2 sales5.4% 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.