2-Room resale prices in Bukit Merah · 2020

Bukit Merah 2-room resale prices in 2020

Sales with a contract date in 2020 · single-unit sales only

What did 2-room flats in Bukit Merah sell for in 2020?

Median price in 2020

S$206,000S$194,500 – S$245,000

25th to 75th percentile · S$4,744 psm median (S$4,286 psm – S$5,943 psm) · from 27 recorded sales

27 recorded sales of Bukit Merah 2-room flats in 2020 had a median price of S$206,000 (25th to 75th percentile S$194,500 to S$245,000) and a median S$4,744 psm (S$4,286 psm to S$5,943 psm). Latest recorded sale Dec 2020. Indicative, from recorded HDB resale prices.

Against 2019 (27 sales, median S$215,000 and S$4,889 psm), the median price is −4.2% and the median psm −3.0%. 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 2020

Highest	S$508,000 · 67 sqm · S$7,582 psm	Nov 2020 · floor 1 to 3	Blk 44 Moh Guan Ter
Lowest	S$170,000 · 47 sqm · S$3,617 psm	May 2020 · floor 1 to 3	Blk 48 Lower Delta Rd

Median psm by quarter, 2020

Quarter	Sales	Median	25th to 75th percentile
Q1 2020	5	S$5,857 psm	S$4,149 psm – S$8,085 psm
Q2 2020	3	S$3,830 psm	S$3,723 psm – S$4,300 psm
Q3 2020	10	S$4,567 psm	S$4,292 psm – S$4,724 psm
Q4 2020	9	S$5,289 psm	S$4,792 psm – S$7,582 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.