124 Bt Merah Lane 1

HDB · Bukit Merah · built 1979 · Queenstown MRT 12 min · 52 yrs left

HDB block in Bukit Merah · lease from 1979 · 55 years of lease left at its latest sale, in September 2023

No flat here was resold in the 12 months to October 2026. The last resale was a 3-room flat in September 2023, for $380,000.

3-room price per ft², by year

$460$480$500$520$5402021202220232024202520262021: $5322022: $4652023: $527$527$460$480$500$520$540’21’22’23’24’25’262021: $5322022: $4652023: $527$527

Median of each year's 3-room resales. No 3-room flat here was resold in 2024, 2025, 2026, so the line breaks. 2026 is January to October.

Latest sales

MonthFlat typeFloorsSizePricePer ft²
Sep 2023Sep ’233-room4–667 m²$380,000$527
Apr 2022Apr ’223-room1–380 m²$400,000$465
Dec 2021Dec ’213-room1–367 m²$384,000$532

Rents

Flat typeMedian rentApprovals
3-room$3,050 a month2

HDB's approvals to rent out a whole flat of the type most let in this block, over the 12 months to September 2026. The map has every flat type and five years of rents.

Gross yield of a 3-room flat here: about 7.7% a year, the median rent over the median resale price from the sales of blocks of a like age in the town, before any costs.

Nearby

The nearest stations, hawker centre and supermarket, in a straight line from the block:

  • Queenstown MRT980 m
  • Labrador Park MRT1.5 km
  • Bukit Merah Lane 1 Blk 120 (Alexandra Village Food Centre)120 m
  • Cold Storage · Anchor Point350 m

Primary schools within 2 km (0 within 1 km):

  • Queenstown Primary School1.2 km
  • Blangah Rise Primary School1.2 km
  • Gan Eng Seng Primary School1.3 km
  • New Town Primary School1.6 km

Also on Bukit Merah Lane 1

BlockLease fromResold, last 12 months4-room median
122 Bukit Merah Lane 119790—
124 Bukit Merah Lane 1this block19790—

All of Bukit Merah's 360 blocks.

Housing by Platform.SG