2-Room resale prices in Bukit Merah · 2021

Bukit Merah 2-room resale prices in 2021

Sales with a contract date in 2021 · single-unit sales only

What did 2-room flats in Bukit Merah sell for in 2021?

Median price in 2021

S$245,000S$230,000 – S$270,000

25th to 75th percentile · S$5,294 psm median (S$4,898 psm – S$5,930 psm) · from 29 recorded sales

29 recorded sales of Bukit Merah 2-room flats in 2021 had a median price of S$245,000 (25th to 75th percentile S$230,000 to S$270,000) and a median S$5,294 psm (S$4,898 psm to S$5,930 psm). Latest recorded sale Nov 2021. Indicative, from recorded HDB resale prices.

Against 2020 (27 sales, median S$206,000 and S$4,744 psm), the median price is +18.9% 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 2021

Highest	S$510,000 · 67 sqm · S$7,612 psm	Jan 2021 · floor 1 to 3	Blk 44 Moh Guan Ter
Lowest	S$200,000 · 45 sqm · S$4,444 psm	Feb 2021 · floor 1 to 3	Blk 45 Telok Blangah Dr

Median psm by quarter, 2021

Quarter	Sales	Median	25th to 75th percentile
Q1 2021	6	S$4,949 psm	S$4,558 psm – S$5,750 psm
Q2 2021	12	S$5,178 psm	S$4,766 psm – S$5,289 psm
Q3 2021	6	S$5,832 psm	S$5,418 psm – S$8,424 psm
Q4 2021	5	S$5,740 psm	S$5,625 psm – S$8,029 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.