5-Room resale prices in Bukit Merah · 2018

Bukit Merah 5-room resale prices in 2018

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

What did 5-room flats in Bukit Merah sell for in 2018?

Median price in 2018

S$788,888S$695,000 – S$860,000

25th to 75th percentile · S$6,563 psm median (S$5,824 psm – S$7,500 psm) · from 185 recorded sales

185 recorded sales of Bukit Merah 5-room flats in 2018 had a median price of S$788,888 (25th to 75th percentile S$695,000 to S$860,000) and a median S$6,563 psm (S$5,824 psm to S$7,500 psm). Latest recorded sale Dec 2018. Indicative, from recorded HDB resale prices.

Against 2017 (166 sales, median S$746,500 and S$6,238 psm), the median price is +5.7% and the median psm +5.2%. 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$1,150,000 · 112 sqm · S$10,268 psm	Dec 2018 · floor 37 to 39	Blk 9a Boon Tiong Rd
Lowest	S$540,000 · 114 sqm · S$4,737 psm	Mar 2018 · floor 7 to 9	Blk 39 Telok Blangah Rise

Median psm by quarter, 2018

Quarter	Sales	Median	25th to 75th percentile
Q1 2018	31	S$6,356 psm	S$5,882 psm – S$7,514 psm
Q2 2018	58	S$6,575 psm	S$5,862 psm – S$7,489 psm
Q3 2018	51	S$6,748 psm	S$6,144 psm – S$7,689 psm
Q4 2018	45	S$6,107 psm	S$5,658 psm – S$7,391 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.