Blk 48 Lower Delta Rd
LOWER DELTA RD · BUKIT MERAH · Singapore 160048 · D03
Median PSF · 12m
S$617
Median price · 12m
S$282K
Latest sale
S$282K
May 2026
1-year change
-0.4%
Sales · 12m
10
87 all time
Gross yield
10.68%
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
- +27.9%
- Annualised
- +9.3%
- Transactions
- 30
- 1 year
- -0.4%
- 3 years p.a.
- +2.5%
- 5 years p.a.
- +5.0%
- Median size
- 463 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 48 Lower Delta Rd | D03 median | Difference |
|---|---|---|---|
| Median PSF | S$617 | S$968 | -36.3% |
| Median price | S$282K | S$888K | -68.2% |
| Gross rental yield | 10.68% | 6.30% | +4.4 pts |
| 1-year price change | -0.4% | +8.7% | -9.1 pts |
This development trades about 36% 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$2,950
Contracts · 12m
3
Implied annual rent
S$35K
Gross yield
10.68%
| Unit type | Contracts | Median rent |
|---|---|---|
| 2 ROOM | 3 | S$2,950 |
Investment analysis
Investment score 69 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
69/100
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.
- Rental yieldweight 20%100
Gross yield against every other development in its segment.
- Valuationweight 22%98
How its median price per square foot compares with its own district.
- Liquidityweight 15%85
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%48
Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 390 m.
- Price momentumweight 18%29
Three-year annualised change in median PSF, or one year where three is unavailable.
- Supply riskweight 10%22
Upcoming units recorded in the same district. Higher score means less competing supply.
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 MRT390 m
- Havelock MRT850 m
- Great World MRT940 m
- Redhill MRT1.0 km
Schools within 2 km
- Gan Eng Seng Schoolsecondary (s1-s5)280 m
- Alexandra Primary Schoolprimary290 m
- Zhangde Primary Schoolprimary580 m
- Crescent Girls' Schoolsecondary (s1-s4)1.1 km
- River Valley Primary Schoolprimary1.2 km
- Gan Eng Seng Primary Schoolprimary1.3 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- JERVOIS MANSIONKimen Realty Pte Ltd130 units470 m
- Zyon GrandCDL-MFA Altair Property Pte Ltd/CDL-MFA Vega Property Pte Ltd1,079 units860 m
- Residential apartmentsNovaterra Residential Pte Ltd · TOP 2030515 units880 m
- Residential apartmentsWee Hur Thomson Residential Pte Ltd596 units880 m
- Residential apartmentsSim Lian JV (Holland 2) Pte Ltd264 units880 m
- Residential apartmentsKingsford Southern Development Pte Ltd741 units880 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 |
|---|---|---|---|---|---|---|
| May 2026 | 2 ROOM | S$282,000 | 452 sqft | S$624 | 04 TO 06 | 42 yr 11 mo |
| May 2026 | 2 ROOM | S$282,000 | 452 sqft | S$624 | 04 TO 06 | 42 yr 11 mo |
| Apr 2026 | 2 ROOM | S$282,000 | 463 sqft | S$609 | 04 TO 06 | 43 yrs |
| Apr 2026 | 2 ROOM | S$282,000 | 463 sqft | S$609 | 04 TO 06 | 43 yrs |
| Mar 2026 | 2 ROOM | S$276,000 | 452 sqft | S$611 | 10 TO 12 | 43 yr 1 mo |
| Mar 2026 | 2 ROOM | S$276,000 | 452 sqft | S$611 | 10 TO 12 | 43 yr 1 mo |
| Dec 2025 | 2 ROOM | S$298,888 | 463 sqft | S$646 | 10 TO 12 | 43 yr 3 mo |
| Dec 2025 | 2 ROOM | S$298,888 | 463 sqft | S$646 | 10 TO 12 | 43 yr 3 mo |
| Nov 2025 | 2 ROOM | S$278,888 | 452 sqft | S$617 | 07 TO 09 | 43 yr 4 mo |
| Nov 2025 | 2 ROOM | S$278,888 | 452 sqft | S$617 | 07 TO 09 | 43 yr 4 mo |
| Oct 2025 | 2 ROOM | S$295,000 | 463 sqft | S$637 | 10 TO 12 | 43 yr 6 mo |
| Oct 2025 | 2 ROOM | S$295,000 | 463 sqft | S$637 | 10 TO 12 | 43 yr 6 mo |
| Jan 2025 | 2 ROOM | S$270,000 | 463 sqft | S$583 | 04 TO 06 | 44 yr 4 mo |
| Jan 2025 | 2 ROOM | S$270,000 | 463 sqft | S$583 | 04 TO 06 | 44 yr 4 mo |
| Nov 2024 | 2 ROOM | S$280,000 | 452 sqft | S$619 | 10 TO 12 | 44 yr 6 mo |
| Nov 2024 | 2 ROOM | S$280,000 | 452 sqft | S$619 | 10 TO 12 | 44 yr 6 mo |
| Sep 2024 | 2 ROOM | S$290,000 | 506 sqft | S$573 | 07 TO 09 | 44 yr 7 mo |
| Sep 2024 | 2 ROOM | S$290,000 | 506 sqft | S$573 | 07 TO 09 | 44 yr 7 mo |
| Jun 2024 | 2 ROOM | S$250,000 | 463 sqft | S$540 | 07 TO 09 | 44 yr 10 mo |
| Jun 2024 | 2 ROOM | S$250,000 | 463 sqft | S$540 | 07 TO 09 | 44 yr 10 mo |
| Apr 2024 | 2 ROOM | S$270,000 | 463 sqft | S$583 | 10 TO 12 | 44 yr 11 mo |
| Apr 2024 | 2 ROOM | S$270,000 | 463 sqft | S$583 | 10 TO 12 | 44 yr 11 mo |
| Mar 2024 | 2 ROOM | S$262,888 | 463 sqft | S$568 | 04 TO 06 | 45 yr 1 mo |
| Mar 2024 | 2 ROOM | S$262,888 | 463 sqft | S$568 | 04 TO 06 | 45 yr 1 mo |
| Jan 2024 | 2 ROOM | S$255,000 | 452 sqft | S$564 | 10 TO 12 | 45 yr 3 mo |
| Jan 2024 | 2 ROOM | S$255,000 | 452 sqft | S$564 | 10 TO 12 | 45 yr 3 mo |
| Mar 2023 | 2 ROOM | S$265,000 | 463 sqft | S$573 | 10 TO 12 | 46 yrs |
| Mar 2023 | 2 ROOM | S$265,000 | 463 sqft | S$573 | 10 TO 12 | 46 yrs |
| Oct 2021 | 2 ROOM | S$246,800 | 463 sqft | S$533 | 07 TO 09 | 47 yr 6 mo |
| Apr 2021 | 2 ROOM | S$218,000 | 452 sqft | S$482 | 04 TO 06 | 47 yr 11 mo |
| Nov 2020 | 2 ROOM | S$180,000 | 452 sqft | S$398 | 10 TO 12 | 48 yr 5 mo |
| Jul 2020 | 2 ROOM | S$180,000 | 463 sqft | S$389 | 10 TO 12 | 48 yr 8 mo |
| May 2020 | 2 ROOM | S$170,000 | 506 sqft | S$336 | 01 TO 03 | 48 yr 11 mo |
| Feb 2020 | 2 ROOM | S$175,000 | 463 sqft | S$378 | 04 TO 06 | 49 yr 1 mo |
| Oct 2019 | 2 ROOM | S$200,000 | 495 sqft | S$404 | 01 TO 03 | 49 yr 5 mo |
| Apr 2019 | 2 ROOM | S$240,000 | 463 sqft | S$519 | 10 TO 12 | 49 yr 11 mo |
| Apr 2019 | 2 ROOM | S$210,000 | 452 sqft | S$465 | 10 TO 12 | 49 yr 11 mo |
| Mar 2019 | 2 ROOM | S$200,000 | 463 sqft | S$432 | 04 TO 06 | 50 yrs |
| Nov 2018 | 2 ROOM | S$200,000 | 463 sqft | S$432 | 10 TO 12 | 50 yr 5 mo |
| Aug 2018 | 2 ROOM | S$208,000 | 452 sqft | S$460 | 10 TO 12 | 50 yr 7 mo |
Showing the 40 most recent of 87 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 46 Jln Bt Ho Swee
S$599
-7.0%4 sales8.6% yield
Blk 40 Beo Cres
S$630
+10.9%2 sales8.5% yield
Blk 36 Beo Cres
S$587
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Blk 34 Jln Bt Ho Swee
S$551
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Blk 77 Indus Rd
S$610
—12 sales8.3% yield
Blk 58 Havelock Rd
S$1,087
+2.2%14 sales4.7% yield
Blk 78 Indus Rd
S$693
+4.3%6 sales7.8% yield
Blk 52 Havelock Rd
S$1,091
+1.7%12 sales5.3% 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.