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HDB · 152028

Blk 28 Jln Bt Merah

Project page · 99-year lease from 1967

Indicative value range
S$323,294 – S$326,007
Indicative mid S$324,521 · S$5,409 psm

Based on 4 sales in this block, last 12 months. Search did not need to widen. 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
Aug 2026Blk 2810 TO 1260 sqmS$325,000S$5,417 psm×1.000S$5,417 psm
Mar 2026Blk 2801 TO 0360 sqmS$322,000S$5,367 psm×0.997S$5,351 psm
Mar 2026Blk 2810 TO 1260 sqmS$330,000S$5,500 psm×0.997S$5,484 psm
Feb 2026Blk 2813 TO 1560 sqmS$325,000S$5,417 psm×0.997S$5,401 psm

How accurate is this estimate for Jln Bt Merah?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 46 sales in Jln Bt Merah since.

Median error
6.6%

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

What the rent says

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

11.09% gross yield

S$36,000 of rent a year against the estimate above · 3.05 points above flats like it

Homes like this rent for about S$3,000 a month, the middle of 99 approvals in the last year.

Across Singapore these flats yield 8.04%, from 594 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
Sept 202623 ROOMS$3,200
Sept 202613 ROOMS$3,000
Sept 20261333 ROOMS$3,000
Sept 202623 ROOMS$3,000
Aug 20261073 ROOMS$3,000
Aug 20261313 ROOMS$3,000
Aug 20261443 ROOMS$2,500
Aug 20261073 ROOMS$1,350

median of 99 HDB rental approvals for 3 ROOM on Jln Bt Merah since 2025-10.

Buying or selling at S$324,521?

Buying: Stamp duty on S$324,521 · Cash and CPF needed on S$324,521 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$324,521.

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

Primary schools near 28 Jln Bt Merah

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
Aug 2026
Blk 28 · 3 ROOM · 10 TO 12 · Standard · 40 years left
60 sqmS$325,000S$5,417 psm
Jul 2026
Blk 28 · 2 ROOM · 10 TO 12 · Standard · 40 years left
47 sqmS$310,000S$6,596 psm
Mar 2026
Blk 28 · 3 ROOM · 10 TO 12 · Standard · 40 years left
60 sqmS$330,000S$5,500 psm
Mar 2026
Blk 28 · 3 ROOM · 01 TO 03 · Standard · 40 years left
60 sqmS$322,000S$5,367 psm
Feb 2026
Blk 28 · 3 ROOM · 13 TO 15 · Standard · 40 years left
60 sqmS$325,000S$5,417 psm
Feb 2026
Blk 28 · 2 ROOM · 04 TO 06 · Standard · 40 years left
47 sqmS$255,000S$5,426 psm
Dec 2025
Blk 28 · 2 ROOM · 07 TO 09 · Standard · 41 years left
47 sqmS$280,000S$5,957 psm
Sept 2025
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 41 years left
60 sqmS$330,000S$5,500 psm
Sept 2025
Blk 28 · 3 ROOM · 10 TO 12 · Standard · 41 years left
60 sqmS$350,000S$5,833 psm
Aug 2025
Blk 28 · 3 ROOM · 10 TO 12 · Standard · 41 years left
60 sqmS$343,888S$5,731 psm
May 2025
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 41 years left
60 sqmS$376,000S$6,267 psm
Nov 2024
Blk 28 · 2 ROOM · 01 TO 03 · Standard · 42 years left
47 sqmS$300,000S$6,383 psm
Oct 2024
Blk 28 · 3 ROOM · 04 TO 06 · Standard · 42 years left
60 sqmS$364,000S$6,067 psm
Oct 2024
Blk 28 · 2 ROOM · 07 TO 09 · Standard · 42 years left
47 sqmS$310,000S$6,596 psm
May 2024
Blk 28 · 3 ROOM · 04 TO 06 · Standard · 42 years left
60 sqmS$310,000S$5,167 psm
Apr 2024
Blk 28 · 2 ROOM · 01 TO 03 · Standard · 42 years left
47 sqmS$270,000S$5,745 psm
Feb 2024
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 42 years left
60 sqmS$307,500S$5,125 psm
Feb 2024
Blk 28 · 3 ROOM · 13 TO 15 · Standard · 42 years left
60 sqmS$305,000S$5,083 psm
Jan 2024
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 43 years left
60 sqmS$315,000S$5,250 psm
Oct 2023
Blk 28 · 2 ROOM · 13 TO 15 · Standard · 43 years left
47 sqmS$300,000S$6,383 psm
Aug 2023
Blk 28 · 2 ROOM · 10 TO 12 · Standard · 43 years left
47 sqmS$290,000S$6,170 psm
Aug 2023
Blk 28 · 2 ROOM · 01 TO 03 · Standard · 43 years left
47 sqmS$290,000S$6,170 psm
Apr 2023
Blk 28 · 3 ROOM · 04 TO 06 · Standard · 43 years left
60 sqmS$300,000S$5,000 psm
Feb 2023
Blk 28 · 3 ROOM · 01 TO 03 · Standard · 43 years left
60 sqmS$328,000S$5,467 psm
Jan 2023
Blk 28 · 2 ROOM · 01 TO 03 · Standard · 43 years left
47 sqmS$270,000S$5,745 psm
Nov 2022
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 44 years left
60 sqmS$310,000S$5,167 psm
May 2022
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 44 years left
excluded: outlier
60 sqmS$320,000S$5,333 psm
Apr 2022
Blk 28 · 3 ROOM · 10 TO 12 · Standard · 44 years left
excluded: outlier
60 sqmS$320,000S$5,333 psm
Mar 2022
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 44 years left
excluded: outlier
60 sqmS$320,000S$5,333 psm
Dec 2021
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 45 years left
60 sqmS$255,000S$4,250 psm
Nov 2021
Blk 28 · 3 ROOM · 07 TO 09 · Standard · 45 years left
60 sqmS$288,000S$4,800 psm
Nov 2021
Blk 28 · 3 ROOM · 04 TO 06 · Standard · 45 years left
60 sqmS$272,000S$4,533 psm
See more

Showing 32 of 114.

Sale prices as filed in caveats.

Indicative estimate from comparable caveats. Not a formal valuation.