2-Room resale prices in Bukit Merah · 2023

Bukit Merah 2-room resale prices in 2023

Sales with a contract date in 2023 · single-unit sales only

What did 2-room flats in Bukit Merah sell for in 2023?

Median price in 2023

S$291,500S$282,000 – S$416,250

25th to 75th percentile · S$6,551 psm median (S$5,980 psm – S$8,424 psm) · from 26 recorded sales

26 recorded sales of Bukit Merah 2-room flats in 2023 had a median price of S$291,500 (25th to 75th percentile S$282,000 to S$416,250) and a median S$6,551 psm (S$5,980 psm to S$8,424 psm). Latest recorded sale Dec 2023. Indicative, from recorded HDB resale prices.

Against 2022 (26 sales, median S$262,500 and S$6,136 psm), the median price is +11.0% and the median psm +6.8%. 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 2023

Highest	S$585,000 · 67 sqm · S$8,731 psm	Aug 2023 · floor 1 to 3	Blk 43 Moh Guan Ter
Lowest	S$255,000 · 34 sqm · S$7,500 psm	Mar 2023 · floor 4 to 6	Blk 2 Jln Bt Ho Swee

Median psm by quarter, 2023

Quarter	Sales	Median	25th to 75th percentile
Q1 2023	5	S$5,833 psm	S$5,745 psm – S$6,163 psm
Q2 2023	3	S$6,622 psm	S$6,334 psm – S$8,375 psm
Q3 2023	14	S$6,629 psm	S$6,255 psm – S$9,443 psm
Q4 2023	4	S$6,151 psm	S$5,908 psm – S$7,660 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.