3-Room resale prices in Bukit Merah · 2023

Bukit Merah 3-room resale prices in 2023

Sales with a contract date in 2023 · single-unit sales only

What did 3-room flats in Bukit Merah sell for in 2023?

Median price in 2023

S$425,000S$365,000 – S$670,000

25th to 75th percentile · S$6,186 psm median (S$5,643 psm – S$9,855 psm) · from 337 recorded sales

337 recorded sales of Bukit Merah 3-room flats in 2023 had a median price of S$425,000 (25th to 75th percentile S$365,000 to S$670,000) and a median S$6,186 psm (S$5,643 psm to S$9,855 psm). Latest recorded sale Dec 2023. Indicative, from recorded HDB resale prices.

Against 2022 (319 sales, median S$380,000 and S$5,707 psm), the median price is +11.8% and the median psm +8.4%. 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 2023

Highest	S$800,888 · 75 sqm · S$10,679 psm	Nov 2023 · floor 1 to 3	Blk 38 Kim Pong Rd
Lowest	S$255,000 · 53 sqm · S$4,811 psm	Mar 2023 · floor 10 to 12	Blk 37 Jln Rumah Tinggi

Median psm by quarter, 2023

Quarter	Sales	Median	25th to 75th percentile
Q1 2023	80	S$6,009 psm	S$5,613 psm – S$9,750 psm
Q2 2023	76	S$6,206 psm	S$5,618 psm – S$9,842 psm
Q3 2023	101	S$6,250 psm	S$5,714 psm – S$10,147 psm
Q4 2023	80	S$6,045 psm	S$5,661 psm – S$8,395 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.