Block 138 Jalan Bukit Merah
Block 138 Jalan Bukit Merah has 16 recorded HDB resale transactions since 2017. Latest sale: $400,000 (May 2026, 3 room, floors 01–03). Median $5,127/sqm. Prices up 31.9% over the past five years. Built 1983, 56 years lease remaining.
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 | $2,750 typically $2,650–$2,800 | 8.3% | 7 rentals here |
| 5-Room | $4,200 typically $4,000–$4,500 | 4.6% | Bukit Merah avg · block too thin |
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| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2026 | 01 TO 03 | 3 ROOM | 59 sqm | $400,000 | $6,780 |
| Apr 2025 | 07 TO 09 | 3 ROOM | 59 sqm | $398,000 | $6,746 |
| Oct 2024 | 07 TO 09 | 3 ROOM | 59 sqm | $375,000 | $6,356 |
| Mar 2024 | 04 TO 06 | 5 ROOM | 118 sqm | $720,000 | $6,102 |
| Dec 2022 | 01 TO 03 | 3 ROOM | 59 sqm | $330,000 | $5,593 |
| Aug 2022 | 01 TO 03 | 3 ROOM | 59 sqm | $328,000 | $5,559 |
| Jun 2022 | 04 TO 06 | 3 ROOM | 59 sqm | $321,888 | $5,456 |
| Aug 2021 | 04 TO 06 | 3 ROOM | 68 sqm | $310,000 | $4,559 |
| Jul 2021 | 07 TO 09 | 3 ROOM | 59 sqm | $295,000 | $5,000 |
| Jul 2020 | 01 TO 03 | 3 ROOM | 59 sqm | $272,000 | $4,610 |
| Jul 2020 | 04 TO 06 | 3 ROOM | 59 sqm | $255,000 | $4,322 |
| May 2019 | 01 TO 03 | 3 ROOM | 59 sqm | $290,000 | $4,915 |
| May 2019 | 10 TO 12 | 3 ROOM | 68 sqm | $300,000 | $4,412 |
| Nov 2018 | 04 TO 06 | 3 ROOM | 68 sqm | $340,000 | $5,000 |
| Apr 2017 | 07 TO 09 | 3 ROOM | 68 sqm | $295,000 | $4,338 |
| Mar 2017 | 07 TO 09 | 3 ROOM | 59 sqm | $310,000 | $5,254 |
About Block 138 Jalan Bukit Merah
Block 138 at Jalan Bukit Merah is a residential HDB block in Bukit Merah, Singapore, built in 1983 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $255,000 to $720,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $400,000 in 2026-05. The current median price per square metre is $5,127. Over the past five years, resale prices at this block have increased by approximately 31.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8560, with an annual lease decay rate of approximately 0.59%. 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 138 Jalan Bukit Merah worth?
The most recent resale transaction at Block 138 Jalan Bukit Merah was $400,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $5,127, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 138 Jalan Bukit Merah?
Block 138 Jalan Bukit Merah was built in 1983 and has approximately 56 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.
What flat types are available at Block 138 Jalan Bukit Merah?
Block 138 Jalan Bukit Merah in Bukit Merah contains 3 room, 5 room flats. Resale prices range from $255,000 to $720,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 138 Jalan Bukit Merah gone up or down?
Resale prices at Block 138 Jalan Bukit Merah have increased by approximately 31.9% over the past five years. The current median price is $315,944, with the most recent sale at $400,000 in 2026-05.