3-Room resale prices in Bukit Merah · 2020

Bukit Merah 3-room resale prices in 2020

Sales with a contract date in 2020 · single-unit sales only

What did 3-room flats in Bukit Merah sell for in 2020?

Median price in 2020

S$320,000S$289,000 – S$521,500

25th to 75th percentile · S$4,892 psm median (S$4,462 psm – S$6,357 psm) · from 275 recorded sales

275 recorded sales of Bukit Merah 3-room flats in 2020 had a median price of S$320,000 (25th to 75th percentile S$289,000 to S$521,500) and a median S$4,892 psm (S$4,462 psm to S$6,357 psm). Latest recorded sale Dec 2020. Indicative, from recorded HDB resale prices.

Against 2019 (280 sales, median S$312,500 and S$4,788 psm), the median price is +2.4% and the median psm +2.2%. 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 2020

Highest	S$723,000 · 75 sqm · S$9,640 psm	Jul 2020 · floor 1 to 3	Blk 50 Moh Guan Ter
Lowest	S$200,000 · 60 sqm · S$3,333 psm	Jun 2020 · floor 7 to 9	Blk 28 Hoy Fatt Rd

Median psm by quarter, 2020

Quarter	Sales	Median	25th to 75th percentile
Q1 2020	60	S$4,937 psm	S$4,508 psm – S$7,838 psm
Q2 2020	36	S$4,731 psm	S$4,505 psm – S$5,971 psm
Q3 2020	88	S$4,829 psm	S$4,433 psm – S$6,914 psm
Q4 2020	91	S$4,932 psm	S$4,515 psm – S$5,690 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.