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Block 117 Bukit Merah Central

5 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$728,800
Apr 2026 · 5 ROOM · Floor 25-27
Median $/sqm
$5,205
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 55%
#199 / 360 Top 55%
Latest Sale ?
Top 50%
#180 / 360 Top 50%
Value ($/sqm) ?
Top 87%
#313 / 360 Top 87%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.74%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 50 years remaining 99 years
50 years 8 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 25 TO 27 5 ROOM 117 sqm $728,800 $6,229
Nov 2024 13 TO 15 5 ROOM 117 sqm $718,000 $6,137
Mar 2023 07 TO 09 5 ROOM 117 sqm $670,000 $5,726
Nov 2022 13 TO 15 5 ROOM 117 sqm $665,000 $5,684
Oct 2022 19 TO 21 5 ROOM 117 sqm $760,000 $6,496
Aug 2019 04 TO 06 5 ROOM 121 sqm $570,000 $4,711
Jul 2019 22 TO 24 5 ROOM 117 sqm $650,000 $5,556
Apr 2019 04 TO 06 5 ROOM 117 sqm $540,000 $4,615
Oct 2018 16 TO 18 5 ROOM 117 sqm $590,000 $5,043
Aug 2018 19 TO 21 5 ROOM 117 sqm $600,000 $5,128
Dec 2017 04 TO 06 5 ROOM 117 sqm $575,000 $4,915
Nov 2017 04 TO 06 5 ROOM 117 sqm $618,000 $5,282
Oct 2017 07 TO 09 5 ROOM 117 sqm $580,000 $4,957
Mar 2017 13 TO 15 5 ROOM 117 sqm $600,000 $5,128
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 117 Bukit Merah Central

Block 117 at Bukit Merah Central is a residential HDB block in Bukit Merah, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $540,000 to $760,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 25 TO 27 sold for $728,800 in 2026-04. The current median price per square metre is $5,205. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8250, with an annual lease decay rate of approximately 0.74%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 117 Bukit Merah Central worth?

The most recent resale transaction at Block 117 Bukit Merah Central was $728,800 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,205, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 117 Bukit Merah Central?

Block 117 Bukit Merah Central was built in 1977 and has approximately 50 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 117 Bukit Merah Central?

Block 117 Bukit Merah Central in Bukit Merah contains 5 room flats. Resale prices range from $540,000 to $760,000 based on historical transaction records from data.gov.sg.

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