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HDB · 150115

Blk 115 Bt Merah Ctrl

Project page · 99-year lease from 1977

Indicative value range
S$660,001 – S$692,339
Indicative mid S$670,001 · S$5,727 psm

Based on 5 sales in this street, last 12 months. Search widened 1 of 3 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Sept 2026Blk 11713 TO 15117 sqmS$670,000S$5,727 psm×1.000S$5,727 psm
Sept 2026Blk 11701 TO 03117 sqmS$660,000S$5,641 psm×1.000S$5,641 psm
Jul 2026Blk 11616 TO 18117 sqmS$610,000S$5,214 psm×1.000S$5,214 psm
Apr 2026Blk 11725 TO 27117 sqmS$728,800S$6,229 psm×1.000S$6,229 psm
Jan 2026Blk 11507 TO 09117 sqmS$694,388S$5,935 psm×0.997S$5,917 psm

How accurate is this estimate for Bt Merah Ctrl?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 5 sales in Bt Merah Ctrl since.

Median error
4.8%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 5 sales, so read the figure as a hint, not a verdict.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

7.25% gross yield

S$48,600 of rent a year against the estimate above · 1.48 points above flats like it

Homes like this rent for about S$4,050 a month, the middle of 12 approvals in the last year.

Across Singapore these flats yield 5.77%, from 234 blocks. Too few blocks share this flat's remaining lease to measure that separately, so this figure covers every lease length.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Aug 20261155 ROOMS$3,500
Jul 20261155 ROOMS$4,550
Jul 20261175 ROOMS$4,100
May 20261165 ROOMS$4,100
Apr 20261175 ROOMS$4,200
Apr 20261175 ROOMS$4,200
Apr 20261175 ROOMS$3,800
Feb 20261165 ROOMS$4,000

median of 12 HDB rental approvals for 5 ROOM on Bt Merah Ctrl since 2025-10.

Buying or selling at S$670,001?

Buying: Stamp duty on S$670,001 · Cash and CPF needed on S$670,001 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$670,001.

Each opens with this figure filled in; change anything there.

Primary schools near 115 Bt Merah Ctrl

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Jan 2026
Blk 115 · 5 ROOM · 07 TO 09 · Improved · 51 years left
117 sqmS$694,388S$5,935 psm
May 2025
Blk 115 · 5 ROOM · 16 TO 18 · Improved · 52 years left
117 sqmS$685,000S$5,855 psm
Dec 2024
Blk 115 · 5 ROOM · 10 TO 12 · Improved · 52 years left
117 sqmS$670,000S$5,727 psm
May 2024
Blk 115 · 5 ROOM · 04 TO 06 · Improved · 53 years left
117 sqmS$655,000S$5,598 psm
Jan 2024
Blk 115 · 5 ROOM · 22 TO 24 · Improved · 53 years left
117 sqmS$720,000S$6,154 psm
Aug 2023
Blk 115 · 5 ROOM · 13 TO 15 · Improved · 53 years left
117 sqmS$715,000S$6,111 psm
Jul 2022
Blk 115 · 5 ROOM · 22 TO 24 · Improved · 54 years left
117 sqmS$700,000S$5,983 psm
May 2022
Blk 115 · 5 ROOM · 13 TO 15 · Improved · 55 years left
117 sqmS$660,000S$5,641 psm
See more

Showing 8 of 42.

Sale prices as filed in caveats.

Where the lease takes this

About 49 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years44 yearsS$630,970S$696,642S$754,477S$767,672
10 years39 yearsS$589,002S$717,990S$842,153S$871,867

On a flat market the lease alone costs 12% over 10 years. Prices would need to rise about 1.3% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.