Issue 001June 8, 2026

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

Bukit Merah Pulse May 2026
Roncasa ▪ Town Pulse Bukit Merah · Central Region Verified as of 2 Aug 2026 May 2026
◆ Seller's Market◆ Premium Position◆ Stable Rental Market
Median PSF · May 2026
$810 ▲ +11.4% MoM
Resale Transactions
95
▲ 20.3% vs prior mth
vs Region Median
+12.5%
▲ $720 base
Town Rank
#4 / 9
Central region by PSF

Bukit Merah is trading about 12% above the wider region median — that gap is worth understanding before you make a move here.

Transaction volume picked up in Bukit Merah in May 2026, with 95 resale transactions compared to 79 in April. Month-on-month, the town median PSF edged up 11.4% to $810 — a constructive signal for sellers. The town sits above the regional median of $720 psf (+12.5%).

$810
Median PSF
95
Resale Transactions
#4
Town Rank (Central)

Verified as of 2 Aug 2026 · Latest resale data through May 2026 · Latest rental data through Jun 2026

01Town Context
$522$759$995MarAprMay2-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 $810
Central Region $720 -11.1%
Island Wide $602 -25.7%

Bukit Merah ranks #4 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 Dr 3 transactions $657
Telok Blangah Hts 3 transactions $914
Telok Blangah St 31 3 transactions $909
Taman Ho Swee 2 transactions $582
Henderson Rd 2 transactions $1,116

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 95 $466,000 $762,000 $985,000 $810
1-Room 1 $270,000 $270,000 $270,000 $809
2-Room 8 $279,500 $287,000 $317,250 $639
3-Room 30 $376,000 $507,500 $741,597 $651
4-Room 39 $714,444 $950,000 $1,014,000 $948
5-Room 17 $850,000 $1,035,000 $1,170,000 $822
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.

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

The $810 median PSF represents a 11.4% gain against April's $727. Transaction count rose 20% from 79 to 95. If you're a seller, this month's data supports holding asking price.

Telok Blangah Dr led with 3 transactions (3% of all town resale) at a median $657 psf — 19% below the town median. Telok Blangah Hts followed with 3 transactions.

4-Room flats led resale activity in May 2026, accounting for 39 of 95 transactions (41%) at a median $948 psf. That flat type's PSF moved 7.6% up month-on-month.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
50 Moh Guan Ter 4-Room 01 TO 03 1,615 $1,530,000 $948 45 years
09 months
9A Boon Tiong Rd 5-Room 07 TO 09 1,206 $1,500,000 $1,244 88 years
08 months
10A Boon Tiong Rd 4-Room 28 TO 30 990 $1,268,888 $1,281 88 years
08 months
96B Henderson Rd 4-Room 34 TO 36 1,001 $1,245,000 $1,244 92 years
01 month
25A Jln Membina 5-Room 04 TO 06 1,184 $1,200,000 $1,013 81 years
04 months
Block / Street Flat Type Storey Size Price PSF Lease Left
7 Telok Blangah Cres 1-Room 01 TO 03 334 $270,000 $809 47 years
11 months
Block / Street Flat Type Storey Size Price PSF Lease Left
45 Telok Blangah Dr 2-Room 10 TO 12 484 $350,000 $723 48 years
09 months
45 Telok Blangah Dr 2-Room 04 TO 06 484 $318,000 $657 48 years
08 months
45 Telok Blangah Dr 2-Room 07 TO 09 484 $317,000 $654 48 years
09 months
20 Jln Klinik 2-Room 04 TO 06 517 $292,000 $565 43 years
08 months
48 Lower Delta Rd 2-Room 04 TO 06 452 $282,000 $624 42 years
11 months
Block / Street Flat Type Storey Size Price PSF Lease Left
54 Havelock Rd 3-Room 22 TO 24 743 $865,000 $1,165 86 years
01 month
57 Havelock Rd 3-Room 25 TO 27 743 $835,000 $1,124 86 years
01 month
95B Henderson Rd 3-Room 31 TO 33 732 $830,000 $1,134 92 years
01 month
37 Lim Liak St 3-Room 01 TO 03 947 $790,000 $834 46 years
09 months
91A Telok Blangah St 31 3-Room 25 TO 27 732 $762,000 $1,041 91 years
07 months
Block / Street Flat Type Storey Size Price PSF Lease Left
50 Moh Guan Ter 4-Room 01 TO 03 1,615 $1,530,000 $948 45 years
09 months
10A Boon Tiong Rd 4-Room 28 TO 30 990 $1,268,888 $1,281 88 years
08 months
96B Henderson Rd 4-Room 34 TO 36 1,001 $1,245,000 $1,244 92 years
01 month
127D Kim Tian Rd 4-Room 37 TO 39 947 $1,188,000 $1,254 85 years
10 months
75C Redhill Rd 4-Room 10 TO 12 1,076 $1,110,000 $1,031 79 years
09 months
Block / Street Flat Type Storey Size Price PSF Lease Left
9A Boon Tiong Rd 5-Room 07 TO 09 1,206 $1,500,000 $1,244 88 years
08 months
25A Jln Membina 5-Room 04 TO 06 1,184 $1,200,000 $1,013 81 years
04 months
73A Redhill Rd 5-Room 10 TO 12 1,238 $1,190,000 $961 78 years
06 months
19 Cantonment Cl 5-Room 19 TO 21 1,184 $1,180,000 $997 75 years
08 months
20 Jln Membina 5-Room 16 TO 18 1,184 $1,170,000 $988 76 years
05 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

$98590+$1,12480-89$98170-79$80660-69$616under-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 $1,124 psf against $550 psf for the under-60 band, a 51% 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 1 Too few resale transactions in the past 5 years to report a reliable figure (1 in the trailing 12 months).
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 8 $287,000 $639
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 6 $746,944 $1,020
80-89 years 5 $750,000 $1,124
70-79 years 3 Too few resale transactions in the past 5 years to report a reliable figure (3 in the trailing 12 months).
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 19 $425,000 $550
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 13 $950,000 $949
80-89 years 8 $1,025,000 $1,029
70-79 years 6 $996,500 $1,017
60-69 years 1012-mo avg · 10 transactions $730,500 $747
under-60 years 11 $590,000 $593
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 1512-mo avg · 15 transactions $1,415,000 $1,153
70-79 years 8 $1,120,000 $945
60-69 years 912-mo avg · 9 transactions $1,230,000 $866
under-60 years 6 $869,000 $667
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 Last transacted: Jun 2021 · $447 psf
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: Jun 2026 · HDB rental lodgements typically lag ~1 month behind resale
Median Rent
$2,200/mo
Rent MoM
-17.0%
Leases This Month
5
Lease Volume MoM (vacancy proxy)
+25.0%

Rents softening (-17.0% MoM) on rising lease volume.

Top Streets — 2-Room Rentals

Street Leases Median Rent
Telok Blangah Dr 2 $2,375/mo
Havelock Rd 1 $1,000/mo
Jln Bt Ho Swee 1 $2,450/mo
Median Rent
$3,000/mo
Rent MoM
+0.0%
Leases This Month
59
Lease Volume MoM (vacancy proxy)
-14.5%

Rents holding steady (+0.0% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Top Streets — 3-Room Rentals

Street Leases Median Rent
Telok Blangah Dr 4 $2,900/mo
Bt Merah View 3 $3,150/mo
Havelock Rd 2 $3,000/mo
Median Rent
$4,000/mo
Rent MoM
+0.0%
Leases This Month
61
Lease Volume MoM (vacancy proxy)
-6.2%

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

Top Streets — 4-Room Rentals

Street Leases Median Rent
Telok Blangah Way 3 $3,500/mo
Henderson Cres 2 $3,900/mo
Henderson Cres 2 $3,475/mo
Median Rent
$4,400/mo
Rent MoM
-2.2%
Leases This Month
42
Lease Volume MoM (vacancy proxy)
+27.3%

Rents softening (-2.2% MoM) on rising lease volume.

Top Streets — 5-Room Rentals

Street Leases Median Rent
Boon Tiong Rd 2 $4,600/mo
Boon Tiong Rd 2 $4,750/mo
Depot Rd 2 $4,150/mo

Last leased: Jul 2025 · $5,500/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

May 2026 was an active month for Bukit Merah — prices and volume moved up together. That's a stronger read than PSF gains on thin activity. When volume confirms price, it's real. Sellers can hold asking prices with reasonable confidence. Buyers chasing specific blocks should price in less negotiating room this month. That 51% 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
$309,572
vs Region Median PSF
-11.2%
Est. Gross Yield
~8.5%
Rental Range
$1,000–$2,450/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

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
$476,339
vs Region Median PSF
-9.6%
Est. Gross Yield
~7.6%
Rental Range
$2,700–$3,150/mo

Rising (+11.8% 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
$948,598
vs Region Median PSF
+31.6%
Est. Gross Yield
~5.1%
Rental Range
$3,600–$4,300/mo

Rising (+7.6% 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
$1,018,031
vs Region Median PSF
+14.2%
Est. Gross Yield
~5.2%
Rental Range
$4,025–$4,600/mo

Rising (+13.1% 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

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

Resale Transactions
8
Exit Price Est.
$309,572
Exit Median PSF
$639

Flat (+0.3% MoM) — anchor to recent comparables.

Rental softening, -17.0% MoM — price with that in mind (5 leases last month). Currently -11.2% vs the region median.

Get a Free Valuation
Resale Transactions
30
Exit Price Est.
$476,339
Exit Median PSF
$651

Rising (+11.8% MoM) — expect less room to negotiate on this flat type.

Rental steady, +0.0% MoM (59 leases last month). Currently -9.6% vs the region median.

Get a Free Valuation
Resale Transactions
39
Exit Price Est.
$948,598
Exit Median PSF
$948

Rising (+7.6% MoM) — expect less room to negotiate on this flat type.

Rental steady, +0.0% MoM (61 leases last month). Currently +31.6% vs the region median.

Get a Free Valuation
Resale Transactions
17
Exit Price Est.
$1,018,031
Exit Median PSF
$822

Rising (+13.1% MoM) — expect less room to negotiate on this flat type.

Rental softening, -2.2% MoM — price with that in mind (42 leases last month). Currently +14.2% vs the region median.

Get a Free Valuation

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

Median Rent
$2,200/mo
Low–High Range
$1,000–$2,450/mo
Est. Gross Yield
~8.5%

Rents softening (-17.0% MoM) on rising lease volume.

Street Leases Median Rent
Telok Blangah Dr 2 $2,375/mo
Havelock Rd 1 $1,000/mo
Jln Bt Ho Swee 1 $2,450/mo

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

Talk Rental Strategy
Median Rent
$3,000/mo
Low–High Range
$2,700–$3,150/mo
Est. Gross Yield
~7.6%

Rents holding steady (+0.0% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Street Leases Median Rent
Telok Blangah Dr 4 $2,900/mo
Bt Merah View 3 $3,150/mo
Havelock Rd 2 $3,000/mo

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

Talk Rental Strategy
Median Rent
$4,000/mo
Low–High Range
$3,600–$4,300/mo
Est. Gross Yield
~5.1%

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

Street Leases Median Rent
Telok Blangah Way 3 $3,500/mo
Henderson Cres 2 $3,900/mo
Henderson Cres 2 $3,475/mo

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

Talk Rental Strategy
Median Rent
$4,400/mo
Low–High Range
$4,025–$4,600/mo
Est. Gross Yield
~5.2%

Rents softening (-2.2% MoM) on rising lease volume.

Street Leases Median Rent
Boon Tiong Rd 2 $4,600/mo
Boon Tiong Rd 2 $4,750/mo
Depot Rd 2 $4,150/mo

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

Talk Rental Strategy

Last leased: Jul 2025 · $5,500/mo