Blk 138 Jln Bt Merah
JLN BT MERAH · BUKIT MERAH · Singapore 160138 · D03
Median PSF · 12m
S$630
Median price · 12m
S$400K
Latest sale
S$400K
May 2026
1-year change
+3.5%
Sales · 12m
1
106 all time
Gross yield
8.29%
4 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
- +41.9%
- Annualised
- +19.1%
- Transactions
- 9
- 1 year
- +3.5%
- 3 years p.a.
- +6.6%
- 5 years p.a.
- +7.2%
- Median size
- 635 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 138 Jln Bt Merah | D03 median | Difference |
|---|---|---|---|
| Median PSF | S$630 | S$961 | -34.4% |
| Median price | S$400K | S$880K | -54.5% |
| Gross rental yield | 8.29% | 6.34% | +2.0 pts |
| 1-year price change | +3.5% | +8.0% | -4.5 pts |
This development trades about 34% 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$2,800
Contracts · 12m
4
Implied annual rent
S$34K
Gross yield
8.29%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 4 | S$2,800 |
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%98
How its median price per square foot compares with its own district.
- Rental yieldweight 20%93
Gross yield against every other development in its segment.
- Price momentumweight 18%84
Three-year annualised change in median PSF, or one year where three is unavailable.
- 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%10
Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 860 m.
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 MRT860 m
- Cc30 MRT1.0 km
- Keppel MRT1.0 km
- Cantonment MRT1.3 km
Schools within 2 km
- Zhangde Primary Schoolprimary640 m
- Gan Eng Seng Schoolsecondary (s1-s5)1.2 km
- Gan Eng Seng Primary Schoolprimary1.4 km
- Alexandra Primary Schoolprimary1.4 km
- Bukit Merah Secondary Schoolsecondary (s1-s5)1.6 km
- Crescent Girls' Schoolsecondary (s1-s4)1.9 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 units620 m
- Residential apartmentsChuan Grove Pte Ltd1,056 units620 m
- Residential apartmentsHPL Properties Pte Ltd304 units620 m
- JERVOIS MANSIONKimen Realty Pte Ltd130 units1.7 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 |
|---|---|---|---|---|---|---|
| May 2026 | 3 ROOM | S$400,000 | 635 sqft | S$630 | 01 TO 03 | 56 yr 4 mo |
| Apr 2025 | 3 ROOM | S$398,000 | 635 sqft | S$627 | 07 TO 09 | 57 yr 4 mo |
| Oct 2024 | 3 ROOM | S$375,000 | 635 sqft | S$590 | 07 TO 09 | 57 yr 11 mo |
| Mar 2024 | 5 ROOM | S$720,000 | 1,270 sqft | S$567 | 04 TO 06 | 58 yr 6 mo |
| Dec 2022 | 3 ROOM | S$330,000 | 635 sqft | S$520 | 01 TO 03 | 59 yr 10 mo |
| Aug 2022 | 3 ROOM | S$328,000 | 635 sqft | S$516 | 01 TO 03 | 60 yr 1 mo |
| Jun 2022 | 3 ROOM | S$321,888 | 635 sqft | S$507 | 04 TO 06 | 60 yr 3 mo |
| Aug 2021 | 3 ROOM | S$310,000 | 732 sqft | S$424 | 04 TO 06 | 61 yr 2 mo |
| Jul 2021 | 3 ROOM | S$295,000 | 635 sqft | S$465 | 07 TO 09 | 61 yr 2 mo |
| Jul 2020 | 3 ROOM | S$272,000 | 635 sqft | S$428 | 01 TO 03 | 62 yr 1 mo |
| Jul 2020 | 3 ROOM | S$255,000 | 635 sqft | S$402 | 04 TO 06 | 62 yr 1 mo |
| May 2019 | 3 ROOM | S$300,000 | 732 sqft | S$410 | 10 TO 12 | 63 yr 3 mo |
| May 2019 | 3 ROOM | S$290,000 | 635 sqft | S$457 | 01 TO 03 | 63 yr 3 mo |
| Nov 2018 | 3 ROOM | S$340,000 | 732 sqft | S$465 | 04 TO 06 | 63 yr 9 mo |
| Apr 2017 | 3 ROOM | S$295,000 | 732 sqft | S$403 | 07 TO 09 | 65 yr 4 mo |
| Mar 2017 | 3 ROOM | S$310,000 | 635 sqft | S$488 | 07 TO 09 | 65 yr 5 mo |
| Nov 2016 | 3 ROOM | S$280,000 | 635 sqft | S$441 | 04 TO 06 | 65 yrs |
| Sep 2016 | 3 ROOM | S$288,000 | 635 sqft | S$453 | 04 TO 06 | 65 yrs |
| Oct 2015 | 3 ROOM | S$295,000 | 635 sqft | S$465 | 07 TO 09 | 66 yrs |
| Jul 2015 | 3 ROOM | S$320,000 | 635 sqft | S$504 | 07 TO 09 | 67 yrs |
| Mar 2015 | 3 ROOM | S$333,000 | 635 sqft | S$524 | 07 TO 09 | 67 yrs |
| Mar 2015 | 3 ROOM | S$295,000 | 635 sqft | S$465 | 04 TO 06 | 67 yrs |
| Mar 2015 | 3 ROOM | S$282,000 | 635 sqft | S$444 | 01 TO 03 | 67 yrs |
| Jun 2014 | 3 ROOM | S$308,000 | 635 sqft | S$485 | 07 TO 09 | 67 yr 7 mo |
| Jan 2014 | 3 ROOM | S$330,000 | 635 sqft | S$520 | 10 TO 12 | 68 yrs |
| Jul 2013 | 3 ROOM | S$324,000 | 635 sqft | S$510 | 10 TO 12 | 68 yr 6 mo |
| Sep 2012 | 3 ROOM | S$322,000 | 635 sqft | S$507 | 04 TO 06 | 69 yr 4 mo |
| Sep 2012 | 3 ROOM | S$312,000 | 635 sqft | S$491 | 01 TO 03 | 69 yr 4 mo |
| Feb 2011 | 3 ROOM | S$284,000 | 635 sqft | S$447 | 01 TO 03 | 70 yr 11 mo |
| Jan 2011 | 3 ROOM | S$275,000 | 635 sqft | S$433 | 01 TO 03 | 71 yrs |
| Nov 2010 | 3 ROOM | S$287,000 | 635 sqft | S$452 | 10 TO 12 | 71 yr 2 mo |
| Sep 2010 | 3 ROOM | S$291,000 | 635 sqft | S$458 | 01 TO 03 | 71 yr 4 mo |
| Jan 2010 | 3 ROOM | S$258,000 | 635 sqft | S$406 | 04 TO 06 | 72 yrs |
| Oct 2009 | 3 ROOM | S$250,000 | 635 sqft | S$394 | 04 TO 06 | 72 yr 3 mo |
| Aug 2009 | 3 ROOM | S$226,000 | 635 sqft | S$356 | 04 TO 06 | 72 yr 5 mo |
| Apr 2009 | 3 ROOM | S$222,000 | 635 sqft | S$350 | 04 TO 06 | 72 yr 9 mo |
| Jul 2008 | 3 ROOM | S$248,000 | 635 sqft | S$391 | 01 TO 03 | 73 yr 6 mo |
| Jan 2008 | 3 ROOM | S$170,500 | 635 sqft | S$268 | 07 TO 09 | 74 yrs |
| Jan 2007 | 3 ROOM | S$152,500 | 635 sqft | S$240 | 07 TO 09 | 75 yrs |
| Dec 2006 | 3 ROOM | S$160,000 | 635 sqft | S$252 | 04 TO 06 | 75 yr 1 mo |
Showing the 40 most recent of 106 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 137 Jln Bt Merah
S$518
-5.8%1 sales9.3% yield
Blk 139 Jln Bt Merah
S$727
+17.6%2 sales5.4% yield
Blk 135 Jln Bt Merah
S$678
-15.8%1 sales5.6% yield
Blk 109 Jln Bt Merah
S$650
+7.1%3 sales5.8% yield
Blk 108 Jln Bt Merah
S$603
-5.9%3 sales6.0% yield
Blk 133 Jln Bt Merah
S$585
+0.0%5 sales9.7% yield
Blk 107 Jln Bt Merah
S$513
-6.5%3 sales10.2% yield
Blk 142 Jln Bt Merah
S$595
+1.6%2 sales8.6% 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.