5-Room resale prices in Bukit Merah · 2023

Bukit Merah 5-room resale prices in 2023

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

What did 5-room flats in Bukit Merah sell for in 2023?

Median price in 2023

S$905,000S$832,500 – S$999,000

25th to 75th percentile · S$7,620 psm median (S$6,808 psm – S$8,778 psm) · from 159 recorded sales

159 recorded sales of Bukit Merah 5-room flats in 2023 had a median price of S$905,000 (25th to 75th percentile S$832,500 to S$999,000) and a median S$7,620 psm (S$6,808 psm to S$8,778 psm). Latest recorded sale Dec 2023. Indicative, from recorded HDB resale prices.

Against 2022 (226 sales, median S$870,000 and S$7,325 psm), the median price is +4.0% and the median psm +4.0%. 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$1,460,000 · 113 sqm · S$12,920 psm	Nov 2023 · floor 31 to 33	Blk 95c Henderson Rd
Lowest	S$630,000 · 122 sqm · S$5,164 psm	Jan 2023 · floor 1 to 3	Blk 50 Hoy Fatt Rd

Median psm by quarter, 2023

Quarter	Sales	Median	25th to 75th percentile
Q1 2023	37	S$6,870 psm	S$6,446 psm – S$8,409 psm
Q2 2023	38	S$7,353 psm	S$6,817 psm – S$8,716 psm
Q3 2023	47	S$7,878 psm	S$6,881 psm – S$9,109 psm
Q4 2023	37	S$7,873 psm	S$7,244 psm – S$9,045 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.