Bukit Merah HDB Resale Price

Bukit Merah is one of Singapore’s most centrally located mature HDB towns, situated within District 3 along the southern city fringe near the Central Business District. Known for its strong MRT connectivity, established amenities, proximity to the city centre, and mix of both mature and newer housing projects, Bukit Merah has remained one of the most closely watched HDB resale markets in Singapore.

Over the years, Bukit Merah HDB resale prices have consistently ranked among the stronger-performing mature estates across Singapore. Areas such as Telok Blangah, Redhill, Tiong Bahru, Alexandra, Jalan Bukit Merah, and Henderson have continued attracting strong buyer demand due to their central location, accessibility, and relatively limited housing supply. Flats located near MRT stations, city-fringe employment hubs, and lifestyle districts have frequently achieved strong PSF levels and regular million-dollar resale transactions, particularly for high-floor units and newer lease projects.

One of Bukit Merah’s key strengths lies in its transport accessibility and strategic location near the city centre. Residents benefit from direct MRT connectivity via the East-West Line, North East Line, Circle Line, and Thomson-East Coast Line across different parts of the estate, providing relatively convenient access to Orchard Road, Marina Bay, HarbourFront, One-North, and the CBD. Major expressways such as the AYE and CTE further strengthen Bukit Merah’s appeal among working professionals and long-term homeowners.

Bukit Merah may also continue benefiting from long-term transformation plans linked to the Greater Southern Waterfront. The upcoming Keppel MRT station is expected to strengthen connectivity between the southern waterfront corridor, HarbourFront, Marina Bay, and surrounding city-fringe districts. Residents in areas such as Telok Blangah and the future Berlayar neighbourhood may benefit from shorter and more direct commuting routes without requiring multiple MRT transfers, potentially improving overall accessibility to key commercial and employment areas.

Resale flats located near Telok Blangah, HarbourFront, Pasir Panjang, and future Greater Southern Waterfront developments may continue attracting sustained buyer and tenant demand over time. Improved MRT connectivity, enhanced pedestrian infrastructure, and future lifestyle and commercial developments across the southern waterfront corridor could further strengthen the long-term attractiveness of Bukit Merah as both a residential and investment-focused HDB town.

Bukit Merah also benefits from a combination of mature-town amenities and comparatively limited future HDB supply within the estate itself. Established shopping centres, parks, healthcare facilities, schools, hawker centres, and lifestyle clusters contribute to sustained resale demand across different buyer segments. Flats located near MRT stations, park connectors, and city-fringe lifestyle areas have generally remained among the more closely monitored segments of the Bukit Merah resale market.

This page serves as the main Bukit Merah HDB resale price and market analysis hub by HDB Insights. Here, you can explore the latest Bukit Merah HDB resale prices, monthly transaction activity, PSF trends, flat type performance, million-dollar flat activity, lease profile patterns, MRT proximity trends, and record-setting resale transactions across the town.

May 2026 Bukit Merah HDB Resale Price Overview

This overview summarises the latest HDB resale transaction activity and pricing trends observed across Bukit Merah, located in District 03/04, Central Region.

Bukit Merah recorded 71 HDB resale transactions in May 2026. The average resale price was $762,579, while the median resale price was $755,000. On a PSF basis, the average price was approximately $819 PSF, while the median PSF was approximately $809 PSF.

The highest recorded resale transaction for the month was $1,530,000 at 50 Moh Guan Ter. This was a mid-floor Adjoined Flat 4-room flat with a floor area of 150 sqm, achieving an estimated $948 PSF. The flat was located approximately 280m from Telok Blangah MRT station.

The highest PSF transaction was recorded at 10A Boon Tiong Road, where a high-floor Model A 4-room flat achieved approximately $1,281 PSF. The flat was located approximately 290m from Tiong Bahru MRT station.

17 million-dollar HDB resale transactions were recorded in Bukit Merah during the month. The most active flat type was 4-room, with 30 transactions.

31 transactions were located within 500m of an MRT station during the month.

The data below highlights key resale price movements, transaction activity, and notable market trends observed across Bukit Merah.

Most Expensive HDB Flat Types Sold in Bukit Merah

This section tracks the highest recorded HDB resale prices by flat type in Bukit Merah, based on available resale transactions in the database.

Highest 2-room Resale Price

The current 2-room price record in Bukit Merah was set by a mid-floor Standard flat at 43 Moh Guan Ter, which sold for $585,000 in August 2023.

The transaction achieved approximately $811 PSF based on a floor area of 67 sqm. The flat was located approximately 600m from Harbourfront MRT station.

There have been 2 near-record attempts so far, with the closest sale reaching $578,000, about $7,000 below the existing record. The latest near-record attempt was recorded in June 2025.

Highest 3-room Resale Price

The current 3-room price record in Bukit Merah was set by a high-floor Model A flat at 10B Boon Tiong Road, which sold for $910,000 in January 2026.

The transaction achieved approximately $1,364 PSF based on a floor area of 62 sqm. The flat was located approximately 250m from Tiong Bahru MRT station.

There has been 1 near-record attempt so far, with the closest sale reaching $865,000, about $45,000 below the existing record. The latest near-record attempt was recorded in May 2026.

Highest 4-room Resale Price

The current 4-room price record in Bukit Merah was set by a mid-floor Adjoined Flat flat at 50 Moh Guan Ter, which sold for $1,530,000 in May 2026.

The transaction achieved approximately $948 PSF based on a floor area of 150 sqm. The flat was located approximately 290m from Telok Blangah MRT station.

There has been 1 near-record attempt so far, with the closest sale reaching $1,500,000, about $30,000 below the existing record. The latest near-record attempt was recorded in June 2023.

Highest 5-room Resale Price

The current 5-room price record in Bukit Merah was set by a high-floor Improved flat at 96A Henderson Road, which sold for $1,728,000 in April 2026.

The transaction achieved approximately $1,421 PSF based on a floor area of 113 sqm. The flat was located approximately 600m from Tiong Bahru MRT station.

There has been 1 near-record attempt so far, with the closest sale reaching $1,648,888, about $79,112 below the existing record. The latest near-record attempt was recorded in March 2026.

Highest Executive Resale Price

The current Executive price record in Bukit Merah was set by a mid-floor Adjoined Flat flat at 64 Telok Blangah Drive, which sold for $887,000 in December 2021.

The transaction achieved approximately $506 PSF based on a floor area of 163 sqm. The flat was located approximately 450m from Telok Blangah MRT station.

No near-record attempts have been recorded so far based on the current threshold.

Record levels may change as new resale transactions are recorded. Near-record attempts are useful because they show whether recent transactions are still testing the upper end of the town’s resale price range.

Bukit Merah HDB Resale Price Summary

What Is the Average HDB Resale Price in Bukit Merah?

Based on 71 recorded resale transactions in May 2026, the average HDB resale price in Bukit Merah was approximately $762,579, while the median resale price was approximately $755,000.

This suggests that resale prices were relatively evenly distributed, with the average and median prices pointing to a similar overall price level.

What Is the Average PSF in Bukit Merah?

In May 2026, Bukit Merah resale flats averaged approximately $819 PSF, while the median PSF stood at approximately $809 PSF. Actual PSF levels can vary depending on flat type, floor area, remaining lease, floor level, and proximity to MRT stations.

The average and median PSF were relatively close, suggesting that PSF levels were fairly balanced across the transactions recorded during the month.

Which Flat Type Had the Most Transactions?

4-room flats recorded the highest resale activity in Bukit Merah during May 2026, with 30 completed transactions.

This suggests that mainstream family-sized flats formed the core of resale demand during the month.

Which Flat Type Was the Most Expensive?

Among the tracked flat types, 5-room flats recorded the highest average resale price in May 2026 at approximately $1,023,750.

This suggests that larger flats continued to command the highest absolute prices in Bukit Merah, although PSF performance may still vary by project, lease, floor level, and location.

How Many Million-Dollar HDB Flats Were Sold?

Bukit Merah recorded 88 million-dollar HDB resale transactions year-to-date through May 2026. Over the rolling 12-month period from June 2025 to May 2026, the town recorded 212 million-dollar resale transactions.

This suggests that million-dollar resale activity is becoming more visible in Bukit Merah, although it is still likely concentrated among selected larger, newer, or better-located flats.

Bukit Merah HDB Resale Price FAQs