homequant

Bukit Merah 3-room resale prices in 2021

Sales with a contract date in 2021 · single-unit sales only

What did 3-room flats in Bukit Merah sell for in 2021?

Median price in 2021
S$350,000S$305,888 – S$480,000

25th to 75th percentile · S$5,288 psm median (S$4,769 psm – S$6,443 psm) · from 397 recorded sales

397 recorded sales of Bukit Merah 3-room flats in 2021 had a median price of S$350,000 (25th to 75th percentile S$305,888 to S$480,000) and a median S$5,288 psm (S$4,769 psm to S$6,443 psm). Latest recorded sale Dec 2021. Indicative, from recorded HDB resale prices.

Against 2020 (275 sales, median S$320,000 and S$4,892 psm), the median price is +9.4% and the median psm +8.1%. 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 2021

HighestS$780,000 · 88 sqm · S$8,864 psmNov 2021 · floor 1 to 3Blk 46 Seng Poh Rd
LowestS$226,000 · 55 sqm · S$4,109 psmApr 2021 · floor 1 to 3Blk 6 Jln Bt Ho Swee

Median psm by quarter, 2021

QuarterSalesMedian25th to 75th percentile
Q1 202187S$5,188 psmS$4,593 psm – S$6,460 psm
Q2 202197S$5,149 psmS$4,701 psm – S$5,932 psm
Q3 2021105S$5,259 psmS$4,769 psm – S$6,373 psm
Q4 2021108S$5,518 psmS$4,915 psm – S$6,824 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.