Issue 001August 9, 2026

Bukit Merah Town Pulse | July 2026 | HDB Resale & Rental

Bukit Merah Pulse July 2026
Roncasa ▪ Town Pulse Bukit Merah · Central Region Verified as of 11 Aug 2026 July 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Landlord's Market
Median PSF · July 2026
$755 ▼ -14.8% MoM
Resale Transactions
93
▲ 13.4% vs prior mth
vs Region Median
+2.2%
▲ $739 base
Town Rank
#5 / 9
Central region by PSF

The top transaction this month hit $1,197 psf on Havelock Rd — 58% above the town median. One block, very different price point.

Transaction volume picked up in Bukit Merah in July 2026, with 93 resale transactions compared to 82 in June. Month-on-month, the town median PSF softened 14.8% to $755 — giving buyers a softer entry point. The town sits above the regional median of $739 psf (+2.2%).

$755
Median PSF
93
Resale Transactions
#5
Town Rank (Central)

Verified as of 11 Aug 2026 · Latest resale data through Jul 2026 · Latest rental data through Jul 2026

01Town Context
$558$794$1,030MayJunJul2-Room3-Room4-Room5-RoomExecutive

Bukit Merah median PSF by flat type (2/3/4/5-Room + Executive), last 3 months. Source: HDB Resale Transactions, data.gov.sg.

Scope Median PSF vs Bukit Merah
Bukit Merah $755
Central Region $739 -2.2%
Island Wide $594 -21.4%

Bukit Merah ranks #5 of 9 Central region towns by median resale PSF this month. Source: HDB Resale Transactions, data.gov.sg.

Top Streets by Volume

Street Transactions Median PSF
Telok Blangah St 31 5 transactions $947
Henderson Rd 3 transactions $1,079
Redhill Rd 3 transactions $1,034
Bt Merah View 2 transactions $548
Telok Blangah Hts 2 transactions $614

Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.

Share of Town HDB Stock Transacted
0.21%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 93 $530,888 $850,000 $965,000 $755
1-Room 0 No transactions this month
2-Room 5 $270,000 $310,000 $350,000 $638
3-Room 18 $374,750 $399,000 $434,500 $588
4-Room 52 $770,000 $919,000 $1,003,750 $918
5-Room 18 $892,500 $942,500 $1,113,250 $733
Executive 0 No transactions this month

Low/High = P25–P75 (APPROX_QUANTILES)
P25 (Low): 25% of flats sold below this price.
P50 (Median): The exact middle market price.
P75 (High): 75% of flats sold below this price.

July 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.

The $755 median PSF represents a 14.8% dip against June's $886. Transaction count rose 13% from 82 to 93. If you're a buyer, this is a reasonable window to negotiate.

Telok Blangah St 31 led with 5 transactions (5% of all town resale) at a median $947 psf — 25% above the town median. Henderson Rd followed with 3 transactions.

4-Room flats led resale activity in July 2026, accounting for 52 of 93 transactions (56%) at a median $918 psf. That flat type's PSF moved 6.4% down month-on-month.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
53 Havelock Rd 5-Room 31 TO 33 1,227 $1,468,888 $1,197 85 years
11 months
127D Kim Tian Rd 5-Room 31 TO 33 1,216 $1,350,000 $1,110 85 years
08 months
74A Redhill Rd 5-Room 25 TO 27 1,238 $1,319,000 $1,066 78 years
05 months
74A Redhill Rd 5-Room 07 TO 09 1,238 $1,280,000 $1,034 78 years
05 months
10A Boon Tiong Rd 4-Room 22 TO 24 990 $1,243,888 $1,256 88 years
06 months

No transactions this month for this flat type.

Block / Street Flat Type Storey Size Price PSF Lease Left
127A Kim Tian Rd 2-Room 07 TO 09 506 $550,000 $1,087 85 years
07 months
34 Jln Bt Ho Swee 2-Room 04 TO 06 549 $350,000 $638 43 years
07 months
28 Jln Bt Merah 2-Room 10 TO 12 506 $310,000 $613 40 years
45 Telok Blangah Dr 2-Room 01 TO 03 484 $270,000 $557 48 years
06 months
10 Jln Bt Ho Swee 2-Room 04 TO 06 377 $265,000 $703 44 years
Block / Street Flat Type Storey Size Price PSF Lease Left
46 Seng Poh Rd 3-Room 01 TO 03 947 $850,000 $897 45 years
07 months
27 Lim Liak St 3-Room 01 TO 03 807 $760,000 $941 45 years
06 months
60 Telok Blangah Hts 3-Room 04 TO 06 721 $440,000 $610 49 years
02 months
20 Jln Klinik 3-Room 04 TO 06 732 $439,000 $600 43 years
06 months
61 Telok Blangah Hts 3-Room 10 TO 12 721 $435,000 $603 49 years
03 months
Block / Street Flat Type Storey Size Price PSF Lease Left
10A Boon Tiong Rd 4-Room 22 TO 24 990 $1,243,888 $1,256 88 years
06 months
95C Henderson Rd 4-Room 34 TO 36 1,001 $1,208,000 $1,207 91 years
10 months
6B Boon Tiong Rd 4-Room 19 TO 21 1,076 $1,200,000 $1,115 78 years
04 months
57 Havelock Rd 4-Room 28 TO 30 958 $1,110,000 $1,159 85 years
11 months
9 Cantonment Cl 4-Room 25 TO 27 969 $1,110,000 $1,146 75 years
05 months
Block / Street Flat Type Storey Size Price PSF Lease Left
53 Havelock Rd 5-Room 31 TO 33 1,227 $1,468,888 $1,197 85 years
11 months
127D Kim Tian Rd 5-Room 31 TO 33 1,216 $1,350,000 $1,110 85 years
08 months
74A Redhill Rd 5-Room 25 TO 27 1,238 $1,319,000 $1,066 78 years
05 months
74A Redhill Rd 5-Room 07 TO 09 1,238 $1,280,000 $1,034 78 years
05 months
23 Jln Membina 5-Room 04 TO 06 1,184 $1,115,000 $942 76 years
02 months

No transactions this month for this flat type.

Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.

Lease Decay Comparison

$98790+$1,11580-89$93070-79$82760-69$600under-60

Median PSF by remaining lease band, blended across 2/3/4/5-Room and Executive flats. Detail by flat type below. Source: HDB Resale Transactions, data.gov.sg.

3-Room flats in Bukit Merah show a real lease-decay gap — units with 80-89 years remaining trade at $1,115 psf against $588 psf for the under-60 band, a 47% spread. That's the clearest single number in this report for anyone deciding how much a shorter lease should actually discount a flat.

Unit Type Breakdown

Lease Band N (Txn this mth) Median Price Median PSF
90+ years 1 Too few resale transactions in the past 5 years to report a reliable figure (1 in the trailing 12 months).
80-89 years 2 Last transacted: Jul 2026 · $1,087 psf
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 3312-mo avg · 33 transactions $290,000 $612
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 3412-mo avg · 34 transactions $740,000 $1,011
80-89 years 3312-mo avg · 33 transactions $780,000 $1,115
70-79 years 4 Too few resale transactions in the past 5 years to report a reliable figure (4 in the trailing 12 months).
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 18 $399,000 $588
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 13 $965,000 $964
80-89 years 10 $974,444 $1,006
70-79 years 12 $940,000 $965
60-69 years 1012-mo avg · 10 transactions $843,444 $768
under-60 years 13 $665,000 $587
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 7 Too few resale transactions in the past 5 years to report a reliable figure (7 in the trailing 12 months).
80-89 years 1712-mo avg · 17 transactions $1,408,888 $1,148
70-79 years 7 $1,108,000 $895
60-69 years 1112-mo avg · 11 transactions $1,230,000 $887
under-60 years 8 $864,000 $661
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 0 Last transacted: Dec 2021 · $506 psf

Lease Bands: Remaining years on the lease. Low Volumes: If under 5 sales, data expands.
Fallback 1: Uses 12-month average (flagged). Fallback 2: Uses 5-year transaction history.

Data Source: HDB Resale Transactions, data.gov.sg.

03Rental MarketLatest available: Jul 2026 · HDB rental lodgements typically lag ~1 month behind resale
Median Rent
$2,725/mo
Rent MoM
+23.9%
Leases This Month
6
Lease Volume MoM (vacancy proxy)
+20.0%

Rents firming (+23.9% MoM) on rising lease volume.

Top Streets — 2-Room Rentals

Street Leases Median Rent
Telok Blangah Dr 3 $2,600/mo
Kim Tian Rd 1 $2,800/mo
Kim Tian Rd 1 $2,800/mo
Median Rent
$3,050/mo
Rent MoM
+1.7%
Leases This Month
89
Lease Volume MoM (vacancy proxy)
+50.8%

Rents holding steady (+1.7% MoM) on rising lease volume.

Top Streets — 3-Room Rentals

Street Leases Median Rent
Havelock Rd 4 $3,075/mo
Bt Merah View 3 $3,200/mo
Jln Bt Merah 3 $3,000/mo
Median Rent
$4,000/mo
Rent MoM
+0.0%
Leases This Month
77
Lease Volume MoM (vacancy proxy)
+26.2%

Rents holding steady (+0.0% MoM) on rising lease volume.

Top Streets — 4-Room Rentals

Street Leases Median Rent
Telok Blangah Rise 6 $3,450/mo
Jln Membina 3 $4,000/mo
Telok Blangah St 31 3 $4,500/mo
Median Rent
$4,500/mo
Rent MoM
+2.3%
Leases This Month
26
Lease Volume MoM (vacancy proxy)
-38.1%

Rents firming (+2.3% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Top Streets — 5-Room Rentals

Street Leases Median Rent
Redhill Cl 2 $5,000/mo
Telok Blangah Rise 2 $4,450/mo
Boon Tiong Rd 1 $4,800/mo

Last leased: Jul 2026 · $5,600/mo

HDB leases lodged with HDB / data.gov.sg. Excludes private residential. No vacancy_supply table equivalent exists for HDB — lease-volume MoM is used here as the vacancy proxy signal. Source: HDB Rental Transactions, data.gov.sg.

Ron's Read

PSF softened 14.8% in July 2026 while transaction count held reasonably steady. Price softness without a volume collapse is sellers adjusting, not distress. For buyers, this is a window — softening PSF is the better entry setup. Don't wait for the market to confirm the bottom. That 47% 3-Room lease-decay spread between the 80-89 and under-60 bands is the number to anchor any negotiation on a shorter-lease unit here — don't let a seller price a thinning lease like a fresh one.

05What It Means For You
What It Means For You
Typical Entry Price
$322,549
vs Region Median PSF
-13.7%
Est. Gross Yield
~10.1%
Rental Range
$2,612–$2,800/mo

Rising (+2.9% MoM) — expect less room to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$417,630
vs Region Median PSF
-20.5%
Est. Gross Yield
~8.8%
Rental Range
$2,900–$3,350/mo

Softening (-7.0% MoM) — a reasonable window to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$918,997
vs Region Median PSF
+24.2%
Est. Gross Yield
~5.2%
Rental Range
$3,500–$4,300/mo

Softening (-6.4% MoM) — a reasonable window to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$915,283
vs Region Median PSF
-0.8%
Est. Gross Yield
~5.9%
Rental Range
$4,100–$4,675/mo

Softening (-14.6% MoM) — a reasonable window to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation

Last transacted: Dec 2021 · $887,000 ($506 psf)

Resale Transactions
5
Exit Price Est.
$322,549
Exit Median PSF
$638

Rising (+2.9% MoM) — expect less room to negotiate on this flat type.

Rental strong, +23.9% MoM — supports pricing (6 leases last month). Currently -13.7% vs the region median.

Get a Free Valuation
Resale Transactions
18
Exit Price Est.
$417,630
Exit Median PSF
$588

Softening (-7.0% MoM) — buyers may push back on this flat type.

Rental steady, +1.7% MoM (89 leases last month). Currently -20.5% vs the region median.

Get a Free Valuation
Resale Transactions
52
Exit Price Est.
$918,997
Exit Median PSF
$918

Softening (-6.4% MoM) — buyers may push back on this flat type.

Rental steady, +0.0% MoM (77 leases last month). Currently +24.2% vs the region median.

Get a Free Valuation
Resale Transactions
18
Exit Price Est.
$915,283
Exit Median PSF
$733

Softening (-14.6% MoM) — buyers may push back on this flat type.

Rental strong, +2.3% MoM — supports pricing (26 leases last month). Currently -0.8% vs the region median.

Get a Free Valuation

Last transacted: Dec 2021 · $887,000 ($506 psf)

Median Rent
$2,725/mo
Low–High Range
$2,612–$2,800/mo
Est. Gross Yield
~10.1%

Rents firming (+23.9% MoM) on rising lease volume.

Street Leases Median Rent
Telok Blangah Dr 3 $2,600/mo
Kim Tian Rd 1 $2,800/mo
Kim Tian Rd 1 $2,800/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,050/mo
Low–High Range
$2,900–$3,350/mo
Est. Gross Yield
~8.8%

Rents holding steady (+1.7% MoM) on rising lease volume.

Street Leases Median Rent
Havelock Rd 4 $3,075/mo
Bt Merah View 3 $3,200/mo
Jln Bt Merah 3 $3,000/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,000/mo
Low–High Range
$3,500–$4,300/mo
Est. Gross Yield
~5.2%

Rents holding steady (+0.0% MoM) on rising lease volume.

Street Leases Median Rent
Telok Blangah Rise 6 $3,450/mo
Jln Membina 3 $4,000/mo
Telok Blangah St 31 3 $4,500/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,500/mo
Low–High Range
$4,100–$4,675/mo
Est. Gross Yield
~5.9%

Rents firming (+2.3% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Street Leases Median Rent
Redhill Cl 2 $5,000/mo
Telok Blangah Rise 2 $4,450/mo
Boon Tiong Rd 1 $4,800/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy

Last leased: Jul 2026 · $5,600/mo