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Block 115 Bukit Purmei Road

4 Room · 5 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$650,000
Apr 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$5,333
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +30.3%
Median price change
Median Price ?
Top 48%
#171 / 360 Top 48%
Latest Sale ?
Top 59%
#212 / 360 Top 59%
Value ($/sqm) ?
Top 81%
#293 / 360 Top 81%
5-Year Growth ?
Top 30%
#83 / 275 Top 30%
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
+5.4%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +30.3% growth over 5 years
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 58 years remaining 99 years
58 years
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/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 01 TO 03 4 ROOM 103 sqm $650,000 $6,311
Jul 2025 07 TO 09 4 ROOM 103 sqm $660,000 $6,408
Mar 2025 13 TO 15 5 ROOM 157 sqm $1,125,000 $7,166
Jan 2025 04 TO 06 4 ROOM 103 sqm $698,000 $6,777
Jan 2025 04 TO 06 5 ROOM 157 sqm $1,100,000 $7,006
Dec 2024 10 TO 12 4 ROOM 103 sqm $680,000 $6,602
Mar 2023 07 TO 09 4 ROOM 103 sqm $550,000 $5,340
Dec 2022 10 TO 12 4 ROOM 106 sqm $690,000 $6,509
Jul 2022 13 TO 15 5 ROOM 157 sqm $1,000,000 $6,369
Nov 2021 07 TO 09 5 ROOM 138 sqm $780,000 $5,652
Oct 2021 04 TO 06 4 ROOM 103 sqm $540,000 $5,243
Oct 2021 01 TO 03 4 ROOM 103 sqm $545,000 $5,291
Oct 2021 07 TO 09 5 ROOM 135 sqm $765,000 $5,667
Aug 2021 07 TO 09 4 ROOM 103 sqm $560,000 $5,437
Dec 2020 07 TO 09 4 ROOM 103 sqm $545,000 $5,291
Nov 2020 10 TO 12 4 ROOM 103 sqm $510,000 $4,951
Oct 2020 10 TO 12 4 ROOM 103 sqm $530,000 $5,146
Sep 2020 04 TO 06 5 ROOM 135 sqm $695,000 $5,148
Jul 2020 07 TO 09 5 ROOM 157 sqm $795,000 $5,064
Jan 2020 16 TO 18 5 ROOM 138 sqm $735,000 $5,326
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 115 Bukit Purmei Road

Block 115 at Bukit Purmei Road is a residential HDB block in Bukit Merah, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $475,000 to $1,125,000 based on 28 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $650,000 in 2026-04. The current median price per square metre is $5,333. Over the past five years, resale prices at this block have increased by approximately 30.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8640, with an annual lease decay rate of approximately 0.55%. 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 115 Bukit Purmei Road worth?

The most recent resale transaction at Block 115 Bukit Purmei Road was $650,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,333, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 115 Bukit Purmei Road?

Block 115 Bukit Purmei Road was built in 1985 and has approximately 58 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 115 Bukit Purmei Road?

Block 115 Bukit Purmei Road in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $475,000 to $1,125,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 115 Bukit Purmei Road gone up or down?

Resale prices at Block 115 Bukit Purmei Road have increased by approximately 30.3% over the past five years. The current median price is $655,000, with the most recent sale at $650,000 in 2026-04.

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