2-Room resale prices in Bukit Merah · 2019

Bukit Merah 2-room resale prices in 2019

Sales with a contract date in 2019 · single-unit sales only

What did 2-room flats in Bukit Merah sell for in 2019?

Median price in 2019

S$215,000S$200,000 – S$240,000

25th to 75th percentile · S$4,889 psm median (S$4,526 psm – S$5,163 psm) · from 27 recorded sales

27 recorded sales of Bukit Merah 2-room flats in 2019 had a median price of S$215,000 (25th to 75th percentile S$200,000 to S$240,000) and a median S$4,889 psm (S$4,526 psm to S$5,163 psm). Latest recorded sale Nov 2019. Indicative, from recorded HDB resale prices.

Against 2018 (32 sales, median S$223,500 and S$5,067 psm), the median price is −3.8% and the median psm −3.5%. 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 2019

Highest	S$402,000 · 47 sqm · S$8,553 psm	Aug 2019 · floor 13 to 15	Blk 127a Kim Tian Rd
Lowest	S$185,000 · 47 sqm · S$3,936 psm	Mar 2019 · floor 1 to 3	Blk 28 Jln Bt Merah

Median psm by quarter, 2019

Quarter	Sales	Median	25th to 75th percentile
Q1 2019	9	S$4,711 psm	S$4,255 psm – S$5,000 psm
Q2 2019	9	S$5,089 psm	S$5,000 psm – S$5,222 psm
Q3 2019	4	S$4,881 psm	S$4,625 psm – S$5,888 psm
Q4 2019	5	S$4,857 psm	S$4,400 psm – S$4,886 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.