2-Room resale prices in Bukit Merah · 2022

Bukit Merah 2-room resale prices in 2022

Sales with a contract date in 2022 · single-unit sales only

What did 2-room flats in Bukit Merah sell for in 2022?

Median price in 2022

S$262,500S$245,750 – S$279,750

25th to 75th percentile · S$6,136 psm median (S$5,625 psm – S$7,235 psm) · from 26 recorded sales

26 recorded sales of Bukit Merah 2-room flats in 2022 had a median price of S$262,500 (25th to 75th percentile S$245,750 to S$279,750) and a median S$6,136 psm (S$5,625 psm to S$7,235 psm). Latest recorded sale Dec 2022. Indicative, from recorded HDB resale prices.

Against 2021 (29 sales, median S$245,000 and S$5,294 psm), the median price is +7.1% and the median psm +15.9%. 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 2022

Highest	S$560,000 · 64 sqm · S$8,750 psm	Mar 2022 · floor 1 to 3	Blk 48 Moh Guan Ter
Lowest	S$230,000 · 47 sqm · S$4,894 psm	Jul 2022 · floor 10 to 12	Blk 28 Hoy Fatt Rd

Median psm by quarter, 2022

Quarter	Sales	Median	25th to 75th percentile
Q1 2022	5	S$5,556 psm	S$5,306 psm – S$6,912 psm
Q2 2022	7	S$5,930 psm	S$5,540 psm – S$7,029 psm
Q3 2022	9	S$7,294 psm	S$6,250 psm – S$8,594 psm
Q4 2022	5	S$6,000 psm	S$5,745 psm – S$6,023 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.