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Block 137 Jalan Bukit Merah

3 Room · Built 1975 · 47 years remaining lease · Updated Jul 2026 MOP Cleared

Block 137 Jalan Bukit Merah has 17 recorded HDB resale transactions since 2017. Latest sale: $390,000 (Jul 2026, 3 room, floors 07–09). Median $4,661/sqm. Prices up 35.8% over the past five years. Built 1975, 47 years lease remaining.

Latest Sale
$390,000
Jul 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$4,661
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +35.8%
Median price change
Median Price ?
Top 94%
#340 / 360 Top 94%
Latest Sale ?
Top 86%
#311 / 360 Top 86%
Value ($/sqm) ?
Top 99%
#358 / 360 Top 99%
5-Year Growth ?
Top 14%
#40 / 289 Top 14%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.3%/yr
vs
Lease Decay
−0.84%/yr
Growth assumption
Based on this block’s +35.8% 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 47 years remaining 99 years
47 years 10 months
Remaining lease
↓ 0.84%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 47 years remaining, decay is gradual (~0.84%/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). This block has too few rentals on record, so figures shown are the Bukit Merah average.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,750–$3,300 8.4% Bukit Merah avg · block too thin
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 3 popular schools. 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.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 137 Jalan Bukit Merah in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Merah
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2026 07 TO 09 3 ROOM 70 sqm $390,000 $5,571
Jul 2025 01 TO 03 3 ROOM 59 sqm $360,000 $6,102
Jul 2025 07 TO 09 3 ROOM 70 sqm $405,000 $5,786
Jun 2025 10 TO 12 3 ROOM 59 sqm $350,000 $5,932
Feb 2025 07 TO 09 3 ROOM 59 sqm $348,000 $5,898
May 2024 07 TO 09 3 ROOM 70 sqm $398,000 $5,686
Jan 2024 10 TO 12 3 ROOM 59 sqm $373,000 $6,322
Jul 2022 07 TO 09 3 ROOM 59 sqm $380,000 $6,441
Nov 2021 07 TO 09 3 ROOM 59 sqm $270,000 $4,576
Jun 2021 10 TO 12 3 ROOM 59 sqm $260,000 $4,407
Mar 2021 04 TO 06 3 ROOM 59 sqm $256,000 $4,339
Mar 2021 07 TO 09 3 ROOM 70 sqm $310,000 $4,429
Nov 2020 04 TO 06 3 ROOM 59 sqm $240,888 $4,083
Aug 2020 10 TO 12 3 ROOM 59 sqm $245,000 $4,153
Aug 2017 04 TO 06 3 ROOM 59 sqm $262,000 $4,441
Apr 2017 04 TO 06 3 ROOM 59 sqm $260,000 $4,407
Feb 2017 04 TO 06 3 ROOM 59 sqm $275,000 $4,661
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 137 Jalan Bukit Merah

Block 137 Jalan Bukit Merah in Bukit Merah dates to 1975 and now has roughly 47 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 52% below the Bukit Merah median, cheaper than about 94% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 3 room flats priced from $240,888 to $405,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $390,000 in Jul 2026, and the median works out to $4,661/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 17% above the 04 TO 06 band. Over five years, prices here are up about 35.8%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 137 Jalan Bukit Merah worth?

The most recent resale transaction at Block 137 Jalan Bukit Merah was $390,000 for a 3 room flat in 2026-07. The median price per square metre across all flat types is $4,661, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 137 Jalan Bukit Merah?

Block 137 Jalan Bukit Merah was built in 1975 and has approximately 47 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.84%, meaning the leasehold value decreases by approximately 0.84% per year at the current remaining lease.

What flat types are available at Block 137 Jalan Bukit Merah?

Block 137 Jalan Bukit Merah in Bukit Merah contains 3 room flats. Resale prices range from $240,888 to $405,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 137 Jalan Bukit Merah gone up or down?

Resale prices at Block 137 Jalan Bukit Merah have increased by approximately 35.8% over the past five years. The current median price is $310,000, with the most recent sale at $390,000 in 2026-07.

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