4-Room resale prices in Bukit Merah · 2018

Bukit Merah 4-room resale prices in 2018

Sales with a contract date in 2018 · single-unit sales only

What did 4-room flats in Bukit Merah sell for in 2018?

Median price in 2018

S$666,000S$568,888 – S$758,000

25th to 75th percentile · S$7,278 psm median (S$5,869 psm – S$8,180 psm) · from 321 recorded sales

321 recorded sales of Bukit Merah 4-room flats in 2018 had a median price of S$666,000 (25th to 75th percentile S$568,888 to S$758,000) and a median S$7,278 psm (S$5,869 psm to S$8,180 psm). Latest recorded sale Dec 2018. Indicative, from recorded HDB resale prices.

Against 2017 (302 sales, median S$685,000 and S$7,250 psm), the median price is −2.8% and the median psm +0.4%. 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 2018

Highest	S$1,018,000 · 93 sqm · S$10,946 psm	Sep 2018 · floor 34 to 36	Blk 10a Boon Tiong Rd
Lowest	S$360,000 · 82 sqm · S$4,390 psm	Oct 2018 · floor 7 to 9	Blk 23 Telok Blangah Cres

Median psm by quarter, 2018

Quarter	Sales	Median	25th to 75th percentile
Q1 2018	59	S$7,280 psm	S$5,458 psm – S$7,865 psm
Q2 2018	70	S$7,077 psm	S$6,024 psm – S$8,101 psm
Q3 2018	101	S$7,500 psm	S$5,944 psm – S$8,150 psm
Q4 2018	91	S$7,321 psm	S$5,879 psm – S$8,377 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.