2-Room resale prices in Bukit Merah · 2018

Bukit Merah 2-room resale prices in 2018

Sales with a contract date in 2018 · single-unit sales only

What did 2-room flats in Bukit Merah sell for in 2018?

Median price in 2018

S$223,500S$208,000 – S$241,250

25th to 75th percentile · S$5,067 psm median (S$4,808 psm – S$5,543 psm) · from 32 recorded sales

32 recorded sales of Bukit Merah 2-room flats in 2018 had a median price of S$223,500 (25th to 75th percentile S$208,000 to S$241,250) and a median S$5,067 psm (S$4,808 psm to S$5,543 psm). Latest recorded sale Dec 2018. Indicative, from recorded HDB resale prices.

Against 2017 (22 sales, median S$255,000 and S$5,731 psm), the median price is −12.4% and the median psm −11.6%. That compares the medians of what happened to sell in each year, not a price index: a different mix of units moves it too.

Highest and lowest sale in 2018

Highest	S$418,000 · 47 sqm · S$8,894 psm	May 2018 · floor 19 to 21	Blk 127a Kim Tian Rd
Lowest	S$193,000 · 44 sqm · S$4,386 psm	Dec 2018 · floor 1 to 3	Blk 76 Telok Blangah Dr

Median psm by quarter, 2018

Quarter	Sales	Median	25th to 75th percentile
Q1 2018	5	S$5,333 psm	S$5,333 psm – S$6,118 psm
Q2 2018	8	S$5,447 psm	S$5,067 psm – S$6,066 psm
Q3 2018	8	S$4,885 psm	S$4,465 psm – S$4,992 psm
Q4 2018	11	S$4,844 psm	S$4,659 psm – S$5,386 psm

How this is worked out

Every figure is HDB resales of this flat type in the town, from 2017 with a contract date in the calendar year, leaving out sales flagged at ingest as unrepresentative (such as related-party and bulk transfers) and any caveat filed for several units together. A year is published only with at least 10 such sales; the current year is published as it stands, so far. The previous-year change is given only when that year also has enough sales of its own, and is left out where the records begin inside that previous year, so a whole year is never set against a few months.