5-Room resale prices in Bukit Merah · 2022

Bukit Merah 5-room resale prices in 2022

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

What did 5-room flats in Bukit Merah sell for in 2022?

Median price in 2022

S$870,000S$747,666 – S$978,000

25th to 75th percentile · S$7,325 psm median (S$6,169 psm – S$8,450 psm) · from 226 recorded sales

226 recorded sales of Bukit Merah 5-room flats in 2022 had a median price of S$870,000 (25th to 75th percentile S$747,666 to S$978,000) and a median S$7,325 psm (S$6,169 psm to S$8,450 psm). Latest recorded sale Dec 2022. Indicative, from recorded HDB resale prices.

Against 2021 (245 sales, median S$833,000 and S$6,897 psm), the median price is +4.4% and the median psm +6.2%. 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 2022

Highest	S$1,400,000 · 113 sqm · S$12,389 psm	May 2022 · floor 40 to 42	Blk 96a Henderson Rd
Lowest	S$520,000 · 114 sqm · S$4,561 psm	Mar 2022 · floor 7 to 9	Blk 113 Depot Rd

Median psm by quarter, 2022

Quarter	Sales	Median	25th to 75th percentile
Q1 2022	48	S$6,932 psm	S$5,764 psm – S$8,052 psm
Q2 2022	64	S$7,409 psm	S$6,187 psm – S$8,371 psm
Q3 2022	63	S$7,254 psm	S$6,272 psm – S$8,260 psm
Q4 2022	51	S$8,022 psm	S$6,420 psm – S$8,652 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.