Resale prices by flat type
| Flat type | Deals 12m | Median price | Median psf | 12-month change | Oct 2026 median (deals) | Price range 12m |
|---|---|---|---|---|---|---|
| 1-room | 8 | $266,500 | $799 | -0.7% | no deals | $238,888 to $279,000 |
| 2-room | 34 | $289,444 | $612 | -6% | no deals | $243,000 to $550,000 |
| 3-room | 287 | $430,000 | $597 | -2.9% | $418,000 (1) | $280,000 to $910,000 |
| 4-room | 365 | $935,000 | $938 | +1.1% | $750,000 (3) | $448,000 to $1,530,000 |
| 5-room | 170 | $1,062,500 | $838 | +0.7% | $1,250,000 (1) | $610,000 to $1,728,000 |
| All flat types | 864 | $789,444 | $795 | +1.2% | $750,000 (5) | $238,888 to $1,728,000 |
Medians of registered resale transactions in the 12-month window; psf is on floor area. The change compares this window's median with the 12 months before it. Flat types with fewer than 5 deals are left out.
Monthly trend, all flat types
| Month | Deals | Median price | vs same month a year earlier |
|---|---|---|---|
| Nov 2024 | 72 | $699,444 | |
| Dec 2024 | 79 | $780,000 | |
| Jan 2025 | 91 | $742,000 | |
| Feb 2025 | 93 | $775,000 | |
| Mar 2025 | 70 | $762,500 | |
| Apr 2025 | 99 | $850,000 | |
| May 2025 | 74 | $780,000 | |
| Jun 2025 | 78 | $760,000 | |
| Jul 2025 | 87 | $730,000 | |
| Aug 2025 | 87 | $850,000 | |
| Sep 2025 | 68 | $809,000 | |
| Oct 2025 | 49 | $810,000 | |
| Nov 2025 | 67 | $780,000 | +11.5% |
| Dec 2025 | 70 | $737,500 | -5.4% |
| Jan 2026 | 74 | $704,000 | -5.1% |
| Feb 2026 | 70 | $782,500 | +1% |
| Mar 2026 | 80 | $812,500 | +6.6% |
| Apr 2026 | 79 | $740,000 | -12.9% |
| May 2026 | 94 | $767,000 | -1.7% |
| Jun 2026 | 82 | $862,500 | +13.5% |
| Jul 2026 | 92 | $850,000 | +16.4% |
| Aug 2026 | 74 | $810,000 | -4.7% |
| Sep 2026 | 77 | $790,000 | -2.3% |
| Oct 2026 | 5 | $750,000 | -7.4% |
The latest month is partial until registrations catch up (HDB registers a resale a few weeks after the deal), so read it with the deal count.
Rents by flat type
| Flat type | Median rent / month | Middle half | Approvals 12m | Change yoy | Gross yield on the median price |
|---|---|---|---|---|---|
| 2-room | $2,475 | $2,200 to $2,688 | 82 | -1% | 10.3% |
| 3-room | $3,000 | $2,750 to $3,300 | 926 | 0% | 8.4% |
| 4-room | $3,900 | $3,600 to $4,200 | 702 | -0.6% | 5% |
| 5-room | $4,225 | $3,963 to $4,500 | 382 | +0.6% | 4.8% |
Median monthly rents from HDB rental approvals, 12 months to Aug 2026. Gross yield = median rent x 12 / median resale price of the same flat type, before tax, vacancy and upkeep.
Bukit Merah against Singapore
| Measure | Bukit Merah | All towns | Difference |
|---|---|---|---|
| 3-room median | $430,000 | $440,000 | -2.3% |
| 4-room median | $935,000 | $630,000 | +48.4% |
| 5-room median | $1,062,500 | $740,000 | +43.6% |
| All-type median psf | $795 | $602 | +32.1% |
| All-type 12-month change | +1.2% | +0.8% |
Singapore recorded 1,777 resale flats at $1 million or more in the same 12 months.
Upgrading from Bukit Merah: the condo districts next door
| District | Resale median psf (deals) | 3-bedroom size, 1,100 sq ft | New launch median psf | Gap to a 4-room sale here |
|---|---|---|---|---|
| District 3 (Queenstown, Tiong Bahru, Alexandra) | $2,253 (568) | $2,590,000 | $2,933 | $1,655,000 |
| District 4 (Harbourfront, Telok Blangah, Sentosa) | $1,804 (278) | $1,990,000 | n/a | $1,055,000 |
The 3-bedroom figure is the district's median resale psf for units of 901 to 1,300 sq ft multiplied by 1,100 sq ft, rounded to $10,000. The gap is before the CPF refund with accrued interest, stamp duty and fees.
Read next
Get a free Home Report for your block: the recent deals on your street, where your flat type sits in the range, and what a sale releases.
Questions people ask
What is the median price of a 4-room HDB flat in Bukit Merah?
$935,000 across 365 resale deals registered between Nov 2025 to Oct 2026, which is +1.1% against the 12 months before. Individual flats ranged from $448,000 to $1,530,000.
How many HDB flats were resold in Bukit Merah in the last 12 months?
864 across all flat types, at a median of $789,444 and $795 psf.
Are HDB resale prices in Bukit Merah going up?
The all-type median moved +1.2% against the 12 months before, and the 4-room median +1.1%. The monthly table above shows the trend month by month; the latest month is partial until registrations catch up.
What does a 4-room flat in Bukit Merah rent for?
A median of $3,900 a month over 702 rental approvals in the last 12 months.
Where do these figures come from?
PropertyNet.SG computes them every month from the HDB resale flat prices dataset on data.gov.sg (registration date) and from HDB rental approvals. Medians are of registered transactions in a rolling 12-month window; psf is on floor area. See the methodology page for the full method.
Source: PropertyNet.SG analysis of HDB resale flat prices by registration date (data.gov.sg), Nov 2025 to Oct 2026; rents from HDB rental approvals. Figures are medians of registered transactions and change as registrations arrive. Methodology