3-Room resale prices in Bukit Merah · 2019

Bukit Merah 3-room resale prices in 2019

Sales with a contract date in 2019 · single-unit sales only

What did 3-room flats in Bukit Merah sell for in 2019?

Median price in 2019

S$312,500S$283,750 – S$391,000

25th to 75th percentile · S$4,788 psm median (S$4,332 psm – S$5,715 psm) · from 280 recorded sales

280 recorded sales of Bukit Merah 3-room flats in 2019 had a median price of S$312,500 (25th to 75th percentile S$283,750 to S$391,000) and a median S$4,788 psm (S$4,332 psm to S$5,715 psm). Latest recorded sale Dec 2019. Indicative, from recorded HDB resale prices.

Against 2018 (272 sales, median S$340,000 and S$5,142 psm), the median price is −8.1% and the median psm −6.9%. 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 2019

Highest	S$690,000 · 62 sqm · S$11,129 psm	Dec 2019 · floor 22 to 24	Blk 10b Boon Tiong Rd
Lowest	S$208,000 · 65 sqm · S$3,200 psm	May 2019 · floor 1 to 3	Blk 21 Telok Blangah Cres

Median psm by quarter, 2019

Quarter	Sales	Median	25th to 75th percentile
Q1 2019	53	S$4,746 psm	S$4,385 psm – S$5,750 psm
Q2 2019	69	S$4,915 psm	S$4,400 psm – S$5,692 psm
Q3 2019	76	S$4,773 psm	S$4,333 psm – S$5,780 psm
Q4 2019	82	S$4,692 psm	S$4,284 psm – S$5,336 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.