4-Room resale prices in Bukit Merah · 2023

Bukit Merah 4-room resale prices in 2023

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

What did 4-room flats in Bukit Merah sell for in 2023?

Median price in 2023

S$850,000S$710,000 – S$910,888

25th to 75th percentile · S$9,118 psm median (S$7,556 psm – S$9,807 psm) · from 405 recorded sales

405 recorded sales of Bukit Merah 4-room flats in 2023 had a median price of S$850,000 (25th to 75th percentile S$710,000 to S$910,888) and a median S$9,118 psm (S$7,556 psm to S$9,807 psm). Latest recorded sale Dec 2023. Indicative, from recorded HDB resale prices.

Against 2022 (335 sales, median S$761,800 and S$8,242 psm), the median price is +11.6% and the median psm +10.6%. 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$1,500,000 · 176 sqm · S$8,523 psm	Jun 2023 · floor 4 to 6	Blk 50 Moh Guan Ter
Lowest	S$425,000 · 82 sqm · S$5,183 psm	Mar 2023 · floor 1 to 3	Blk 24 Telok Blangah Cres

Median psm by quarter, 2023

Quarter	Sales	Median	25th to 75th percentile
Q1 2023	101	S$8,810 psm	S$7,556 psm – S$9,710 psm
Q2 2023	103	S$9,109 psm	S$7,553 psm – S$9,829 psm
Q3 2023	104	S$9,255 psm	S$7,768 psm – S$9,804 psm
Q4 2023	97	S$9,247 psm	S$7,500 psm – S$10,000 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.