3-Room resale prices in Bukit Merah · 2018

Bukit Merah 3-room resale prices in 2018

Sales with a contract date in 2018 · single-unit sales only

What did 3-room flats in Bukit Merah sell for in 2018?

Median price in 2018

S$340,000S$300,000 – S$410,000

25th to 75th percentile · S$5,142 psm median (S$4,612 psm – S$5,975 psm) · from 272 recorded sales

272 recorded sales of Bukit Merah 3-room flats in 2018 had a median price of S$340,000 (25th to 75th percentile S$300,000 to S$410,000) and a median S$5,142 psm (S$4,612 psm to S$5,975 psm). Latest recorded sale Dec 2018. Indicative, from recorded HDB resale prices.

Against 2017 (303 sales, median S$360,117 and S$5,385 psm), the median price is −5.6% and the median psm −4.5%. 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 2018

Highest	S$700,000 · 88 sqm · S$7,955 psm	Jul 2018 · floor 4 to 6	Blk 42 Kim Cheng St
Lowest	S$200,000 · 59 sqm · S$3,390 psm	Dec 2018 · floor 4 to 6	Blk 32 Telok Blangah Rise

Median psm by quarter, 2018

Quarter	Sales	Median	25th to 75th percentile
Q1 2018	53	S$5,075 psm	S$4,618 psm – S$5,741 psm
Q2 2018	72	S$5,230 psm	S$4,615 psm – S$6,255 psm
Q3 2018	81	S$5,231 psm	S$4,769 psm – S$6,000 psm
Q4 2018	66	S$5,000 psm	S$4,333 psm – S$5,414 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.