Block 28 Jalan Bukit Merah
Block 28 Jalan Bukit Merah has 47 recorded HDB resale transactions since 2017. Latest sale: $322,000 (Mar 2026, 3 room, floors 01–03). Median $5,167/sqm. Prices up 25.7% over the past five years. Built 1967, 40 years lease remaining.
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 |
|---|---|---|---|
| 2-Room | $2,475 typically $2,200–$2,650 | 10.2% | Bukit Merah avg · block too thin |
| 3-Room | $3,000 typically $2,700–$3,300 | 8.2% | Bukit Merah avg · block too thin |
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Mar 2026 | 01 TO 03 | 3 ROOM | 60 sqm | $322,000 | $5,367 |
| Mar 2026 | 10 TO 12 | 3 ROOM | 60 sqm | $330,000 | $5,500 |
| Feb 2026 | 04 TO 06 | 2 ROOM | 47 sqm | $255,000 | $5,426 |
| Feb 2026 | 13 TO 15 | 3 ROOM | 60 sqm | $325,000 | $5,417 |
| Dec 2025 | 07 TO 09 | 2 ROOM | 47 sqm | $280,000 | $5,957 |
| Sep 2025 | 10 TO 12 | 3 ROOM | 60 sqm | $350,000 | $5,833 |
| Sep 2025 | 07 TO 09 | 3 ROOM | 60 sqm | $330,000 | $5,500 |
| Aug 2025 | 10 TO 12 | 3 ROOM | 60 sqm | $343,888 | $5,731 |
| May 2025 | 07 TO 09 | 3 ROOM | 60 sqm | $376,000 | $6,267 |
| Nov 2024 | 01 TO 03 | 2 ROOM | 47 sqm | $300,000 | $6,383 |
| Oct 2024 | 07 TO 09 | 2 ROOM | 47 sqm | $310,000 | $6,596 |
| Oct 2024 | 04 TO 06 | 3 ROOM | 60 sqm | $364,000 | $6,067 |
| May 2024 | 04 TO 06 | 3 ROOM | 60 sqm | $310,000 | $5,167 |
| Apr 2024 | 01 TO 03 | 2 ROOM | 47 sqm | $270,000 | $5,745 |
| Feb 2024 | 13 TO 15 | 3 ROOM | 60 sqm | $305,000 | $5,083 |
| Feb 2024 | 07 TO 09 | 3 ROOM | 60 sqm | $307,500 | $5,125 |
| Jan 2024 | 07 TO 09 | 3 ROOM | 60 sqm | $315,000 | $5,250 |
| Oct 2023 | 13 TO 15 | 2 ROOM | 47 sqm | $300,000 | $6,383 |
| Aug 2023 | 01 TO 03 | 2 ROOM | 47 sqm | $290,000 | $6,170 |
| Aug 2023 | 10 TO 12 | 2 ROOM | 47 sqm | $290,000 | $6,170 |
About Block 28 Jalan Bukit Merah
Block 28 at Jalan Bukit Merah is a residential HDB block in Bukit Merah, Singapore, built in 1967 with approximately 40 years remaining on its 99-year lease. The block contains 2 room, 3 room flats, with resale prices ranging from $180,000 to $376,000 based on 47 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $322,000 in 2026-03. The current median price per square metre is $5,167. Over the past five years, resale prices at this block have increased by approximately 25.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7503, with an annual lease decay rate of approximately 1.16%. 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 28 Jalan Bukit Merah worth?
The most recent resale transaction at Block 28 Jalan Bukit Merah was $322,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,167, based on 47 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 28 Jalan Bukit Merah?
Block 28 Jalan Bukit Merah was built in 1967 and has approximately 40 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 1.16%, meaning the leasehold value decreases by approximately 1.16% per year at the current remaining lease.
What flat types are available at Block 28 Jalan Bukit Merah?
Block 28 Jalan Bukit Merah in Bukit Merah contains 2 room, 3 room flats. Resale prices range from $180,000 to $376,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 28 Jalan Bukit Merah gone up or down?
Resale prices at Block 28 Jalan Bukit Merah have increased by approximately 25.7% over the past five years. The current median price is $290,000, with the most recent sale at $322,000 in 2026-03.