3-Room resale prices in Bukit Merah · 2022

Bukit Merah 3-room resale prices in 2022

Sales with a contract date in 2022 · single-unit sales only

What did 3-room flats in Bukit Merah sell for in 2022?

Median price in 2022

S$380,000S$331,000 – S$566,000

25th to 75th percentile · S$5,707 psm median (S$5,237 psm – S$7,983 psm) · from 319 recorded sales

319 recorded sales of Bukit Merah 3-room flats in 2022 had a median price of S$380,000 (25th to 75th percentile S$331,000 to S$566,000) and a median S$5,707 psm (S$5,237 psm to S$7,983 psm). Latest recorded sale Dec 2022. Indicative, from recorded HDB resale prices.

Against 2021 (397 sales, median S$350,000 and S$5,288 psm), the median price is +8.6% and the median psm +7.9%. 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 2022

Highest	S$800,000 · 62 sqm · S$12,903 psm	Oct 2022 · floor 19 to 21	Blk 10a Boon Tiong Rd
Lowest	S$260,000 · 53 sqm · S$4,906 psm	Jun 2022 · floor 7 to 9	Blk 37 Jln Rumah Tinggi

Median psm by quarter, 2022

Quarter	Sales	Median	25th to 75th percentile
Q1 2022	80	S$5,804 psm	S$5,208 psm – S$8,278 psm
Q2 2022	78	S$5,575 psm	S$5,209 psm – S$6,860 psm
Q3 2022	89	S$5,627 psm	S$5,250 psm – S$6,418 psm
Q4 2022	72	S$5,979 psm	S$5,506 psm – S$9,303 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.