Blk 23 Jln Membina
JLN MEMBINA · BUKIT MERAH · Singapore 163023 · D03
Median PSF · 12m
S$1,005
Median price · 12m
S$1.04M
Latest sale
S$975K
Aug 2026
1-year change
+0.2%
Sales · 12m
6
75 all time
Gross yield
4.52%
9 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
- +23.0%
- Annualised
- +7.1%
- Transactions
- 20
- 1 year
- +0.2%
- 3 years p.a.
- +4.6%
- 5 years p.a.
- +5.4%
- Median size
- 969 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 23 Jln Membina | D03 median | Difference |
|---|---|---|---|
| Median PSF | S$1,005 | S$961 | +4.6% |
| Median price | S$1.04M | S$880K | +18.8% |
| Gross rental yield | 4.52% | 6.34% | -1.8 pts |
| 1-year price change | +0.2% | +8.0% | -7.8 pts |
This development trades about 5% above 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$4,100
Contracts · 12m
9
Implied annual rent
S$49K
Gross yield
4.52%
| Unit type | Contracts | Median rent |
|---|---|---|
| 5 ROOM | 5 | S$4,100 |
| 4 ROOM | 4 | S$4,100 |
Investment analysis
Investment score 46 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
46/100
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.
- Liquidityweight 15%92
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%70
Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 150 m.
- Price momentumweight 18%58
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.
- Valuationweight 22%31
How its median price per square foot compares with its own district.
- Rental yieldweight 20%5
Gross yield against every other development in its segment.
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 MRT150 m
- Havelock MRT870 m
- Redhill MRT1.2 km
- Great World MRT1.3 km
Schools within 2 km
- Zhangde Primary Schoolprimary120 m
- Gan Eng Seng Schoolsecondary (s1-s5)590 m
- Alexandra Primary Schoolprimary780 m
- Gan Eng Seng Primary Schoolprimary1.3 km
- Crescent Girls' Schoolsecondary (s1-s4)1.4 km
- River Valley Primary Schoolprimary1.4 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 units470 m
- Residential apartmentsChuan Grove Pte Ltd1,056 units470 m
- Residential apartmentsHPL Properties Pte Ltd304 units470 m
- JERVOIS MANSIONKimen Realty Pte Ltd130 units1.0 km
- THE AVENIRCarmel Development Pte Ltd376 units1.5 km
- GRANGE 1866Grange 1866 Pte Ltd60 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 |
|---|---|---|---|---|---|---|
| Aug 2026 | 4 ROOM | S$975,000 | 969 sqft | S$1,006 | 13 TO 15 | 76 yrs |
| Jul 2026 | 5 ROOM | S$1,115,000 | 1,184 sqft | S$942 | 04 TO 06 | 76 yr 2 mo |
| Apr 2026 | 5 ROOM | S$1,190,000 | 1,184 sqft | S$1,005 | 07 TO 09 | 76 yr 5 mo |
| Feb 2026 | 4 ROOM | S$780,000 | 969 sqft | S$805 | 01 TO 03 | 76 yr 7 mo |
| Jan 2026 | 5 ROOM | S$1,220,000 | 1,184 sqft | S$1,030 | 28 TO 30 | 76 yr 8 mo |
| Oct 2025 | 4 ROOM | S$948,000 | 969 sqft | S$979 | 04 TO 06 | 76 yr 10 mo |
| Sep 2025 | 5 ROOM | S$1,188,000 | 1,184 sqft | S$1,003 | 13 TO 15 | 76 yr 11 mo |
| Jul 2025 | 5 ROOM | S$1,160,000 | 1,184 sqft | S$980 | 16 TO 18 | 77 yr 2 mo |
| Apr 2025 | 4 ROOM | S$1,108,888 | 969 sqft | S$1,145 | 16 TO 18 | 77 yr 5 mo |
| Aug 2024 | 5 ROOM | S$1,200,000 | 1,184 sqft | S$1,013 | 19 TO 21 | 78 yrs |
| Dec 2023 | 4 ROOM | S$900,000 | 969 sqft | S$929 | 07 TO 09 | 78 yr 8 mo |
| Nov 2023 | 4 ROOM | S$945,000 | 969 sqft | S$975 | 19 TO 21 | 78 yr 9 mo |
| Nov 2023 | 4 ROOM | S$870,000 | 969 sqft | S$898 | 07 TO 09 | 78 yr 10 mo |
| Jan 2023 | 4 ROOM | S$850,000 | 969 sqft | S$877 | 07 TO 09 | 79 yr 7 mo |
| Jul 2022 | 4 ROOM | S$845,000 | 969 sqft | S$872 | 16 TO 18 | 80 yr 1 mo |
| Dec 2021 | 5 ROOM | S$700,000 | 1,184 sqft | S$591 | 01 TO 03 | 80 yr 9 mo |
| Oct 2021 | 4 ROOM | S$740,000 | 969 sqft | S$764 | 01 TO 03 | 80 yr 11 mo |
| Aug 2021 | 5 ROOM | S$955,000 | 1,184 sqft | S$807 | 16 TO 18 | 81 yr 1 mo |
| Aug 2021 | 4 ROOM | S$760,000 | 969 sqft | S$785 | 10 TO 12 | 81 yr 2 mo |
| Jul 2021 | 5 ROOM | S$938,000 | 1,184 sqft | S$792 | 19 TO 21 | 81 yr 2 mo |
| Jan 2021 | 5 ROOM | S$900,000 | 1,184 sqft | S$760 | 16 TO 18 | 81 yr 8 mo |
| Nov 2020 | 5 ROOM | S$760,000 | 1,184 sqft | S$642 | 04 TO 06 | 81 yr 10 mo |
| Oct 2020 | 4 ROOM | S$680,000 | 969 sqft | S$702 | 04 TO 06 | 81 yr 10 mo |
| Oct 2019 | 4 ROOM | S$699,000 | 969 sqft | S$722 | 04 TO 06 | 82 yr 10 mo |
| Aug 2019 | 4 ROOM | S$786,888 | 969 sqft | S$812 | 19 TO 21 | 83 yrs |
| May 2019 | 5 ROOM | S$920,000 | 1,184 sqft | S$777 | 13 TO 15 | 83 yr 3 mo |
| Oct 2018 | 5 ROOM | S$898,000 | 1,184 sqft | S$758 | 13 TO 15 | 83 yr 10 mo |
| Oct 2018 | 4 ROOM | S$785,000 | 969 sqft | S$810 | 19 TO 21 | 83 yr 10 mo |
| Oct 2018 | 4 ROOM | S$770,000 | 969 sqft | S$795 | 16 TO 18 | 83 yr 10 mo |
| Jul 2018 | 4 ROOM | S$788,000 | 969 sqft | S$813 | 16 TO 18 | 84 yr 1 mo |
| Dec 2017 | 5 ROOM | S$825,000 | 1,184 sqft | S$697 | 01 TO 03 | 84 yr 8 mo |
| Feb 2017 | 4 ROOM | S$760,000 | 969 sqft | S$785 | 19 TO 21 | 85 yr 6 mo |
| Dec 2016 | 5 ROOM | S$870,000 | 1,184 sqft | S$735 | 13 TO 15 | 85 yrs |
| Apr 2016 | 4 ROOM | S$724,000 | 969 sqft | S$747 | 04 TO 06 | 86 yrs |
| Aug 2015 | 4 ROOM | S$738,000 | 969 sqft | S$762 | 16 TO 18 | 87 yrs |
| Feb 2014 | 4 ROOM | S$670,000 | 969 sqft | S$692 | 01 TO 03 | 87 yr 11 mo |
| Apr 2013 | 4 ROOM | S$778,000 | 969 sqft | S$803 | 28 TO 30 | 88 yr 9 mo |
| Apr 2013 | 4 ROOM | S$710,000 | 969 sqft | S$733 | 04 TO 06 | 88 yr 9 mo |
| Mar 2013 | 5 ROOM | S$880,000 | 1,184 sqft | S$743 | 13 TO 15 | 88 yr 10 mo |
| Jan 2013 | 5 ROOM | S$945,000 | 1,184 sqft | S$798 | 25 TO 27 | 89 yrs |
Showing the 40 most recent of 75 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 22 Jln Membina
S$1,017
-0.9%3 sales5.0% yield
Blk 19 Jln Membina
S$1,017
-1.7%2 sales4.6% yield
Blk 21 Jln Membina
S$988
+0.4%4 sales5.3% yield
Blk 20 Jln Membina
S$1,005
+1.7%4 sales4.8% yield
Blk 25A Jln Membina
S$1,013
-0.6%1 sales4.4% yield
Blk 125 Kim Tian Rd
S$862
+19.8%2 sales4.9% yield
Blk 8 Kim Tian Pl
S$844
+7.2%1 sales5.0% yield
Blk 120A Kim Tian Pl
S$890
+4.2%4 sales4.9% 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.