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Block 132 Jalan Bukit Merah

3 Room · Built 1975 · 48 years remaining lease · Updated Sep 2025 MOP Cleared

Block 132 Jalan Bukit Merah has 20 recorded HDB resale transactions since 2017. Latest sale: $300,000 (Sep 2025, 3 room, floors 04–06). Median $5,331/sqm. Prices up 11.2% over the past five years. Built 1975, 48 years lease remaining.

Latest Sale
$300,000
Sep 2025 · 3 ROOM · Floor 04-06
Median $/sqm
$5,331
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +11.2%
Median price change
Median Price ?
Top 87%
#314 / 360 Top 87%
Latest Sale ?
Top 96%
#346 / 360 Top 96%
Value ($/sqm) ?
Top 83%
#298 / 360 Top 83%
5-Year Growth ?
Top 90%
#254 / 283 Top 90%
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
+2.1%/yr
vs
Lease Decay
−0.81%/yr
Growth assumption
Based on this block’s +11.2% 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 48 years remaining 99 years
48 years 8 months
Remaining lease
↓ 0.81%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.81%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,950–$3,000 12% 6 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2025 04 TO 06 3 ROOM 59 sqm $300,000 $5,085
May 2025 04 TO 06 3 ROOM 59 sqm $345,000 $5,847
Nov 2024 01 TO 03 3 ROOM 59 sqm $373,000 $6,322
Sep 2024 07 TO 09 3 ROOM 59 sqm $335,000 $5,678
May 2024 01 TO 03 3 ROOM 59 sqm $340,000 $5,763
Mar 2024 04 TO 06 3 ROOM 59 sqm $325,000 $5,508
Mar 2024 01 TO 03 3 ROOM 70 sqm $380,888 $5,441
Mar 2024 07 TO 09 3 ROOM 70 sqm $408,000 $5,829
Apr 2023 07 TO 09 3 ROOM 59 sqm $360,000 $6,102
Nov 2022 07 TO 09 3 ROOM 59 sqm $358,888 $6,083
Jan 2022 07 TO 09 3 ROOM 59 sqm $308,000 $5,220
Nov 2021 07 TO 09 3 ROOM 59 sqm $290,000 $4,915
Oct 2021 07 TO 09 3 ROOM 59 sqm $290,000 $4,915
Oct 2021 07 TO 09 3 ROOM 70 sqm $338,888 $4,841
Jul 2020 01 TO 03 3 ROOM 59 sqm $243,000 $4,119
Jun 2020 04 TO 06 3 ROOM 59 sqm $245,000 $4,153
Apr 2019 07 TO 09 3 ROOM 59 sqm $265,000 $4,492
Apr 2018 07 TO 09 3 ROOM 59 sqm $268,000 $4,542
Oct 2017 04 TO 06 3 ROOM 59 sqm $260,000 $4,407
Aug 2017 04 TO 06 3 ROOM 59 sqm $343,000 $5,814
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 132 Jalan Bukit Merah

Block 132 at Jalan Bukit Merah is a residential HDB block in Bukit Merah, Singapore, built in 1975 with approximately 48 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $243,000 to $408,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $300,000 in 2025-09. The current median price per square metre is $5,331. Over the past five years, resale prices at this block have increased by approximately 11.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8125, with an annual lease decay rate of approximately 0.81%. 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 132 Jalan Bukit Merah worth?

The most recent resale transaction at Block 132 Jalan Bukit Merah was $300,000 for a 3 room flat in 2025-09. The median price per square metre across all flat types is $5,331, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 132 Jalan Bukit Merah?

Block 132 Jalan Bukit Merah was built in 1975 and has approximately 48 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 0.81%, meaning the leasehold value decreases by approximately 0.81% per year at the current remaining lease.

What flat types are available at Block 132 Jalan Bukit Merah?

Block 132 Jalan Bukit Merah in Bukit Merah contains 3 room flats. Resale prices range from $243,000 to $408,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 132 Jalan Bukit Merah gone up or down?

Resale prices at Block 132 Jalan Bukit Merah have increased by approximately 11.2% over the past five years. The current median price is $330,000, with the most recent sale at $300,000 in 2025-09.

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