Blk 22 Havelock Rd

Bukit Merah1600223 ROOMLease balance: 42 yrs (from 1969)

5 sales in the last 12 months · ~1.8% of 280 units

Sales, last 12 months

5

25 recorded since Apr 2021

Median price

$388K

3 Room · 5 sales · last 12 months

Median PSF

$563

3 Room · 5 sales · last 12 months

Price range

$360K – $448K

3 Room · 5 sales · last 12 months

Latest sale

$388,000

Sep 2026 · 3 Room · #13-15

Can you use CPF for this flat?

42 years left on the 99, from 1969.

Short by 18 years. CPF capped at 70% of the price, loan at 75%.
35
$388K
$150K

CPF you can use

capped at 70% of the price (42 years of lease over the 60 you need)

$77,600

Maximum bank loan

75% of the price, over 25 years

$291,000

Cash you need

at least $19,400 of any purchase must be cash

$19,400

Monthly instalment

25 years at 3.5%

$1,457

CPF 20% Loan 75% Cash 5%

Indicative. Excludes stamp duty, legal fees and CPF accrued interest. Confirm with HDB and your banker. Rules as at 2026-09-17.

Market Insights

Supply

3 units

7 agent listings

Asking vs sold

+10.3%

$428K ask · $388K sold

3 Room · 5 sold, 7 asking

Price trend

-9.8%

6 months, 2 sales

12 months: +1.3% (5)

Turnover

1.8%

5 of 280 units, 12 months

What is my flat worth here?

High vs low floor: 3 Room flats above the 10th storey sell 6.1% above those on the 6th and lower at this block ($543 vs $512 psf, 15 and 6 sales).

Resale Price Trend

One flat type at a time, so a single larger sale cannot look like a price jump

Median price per month, 3 Room only, 25 sales

$310K$337K$364K$391K$418K2021-042021-092022-082023-062024-082025-022025-112026-09
Check your valuation today

Recent Resale Transactions

25 recorded · 5 in the last 12 months • Page 1 of 2

1 / 2

For Sale

3 units available · 7 agent listings

Sale

3 Room · 689 sqft

Likely the same unit · 5 agents · asking prices agree

$420K – $428K

For Rent

8 units available · 9 agent listings

Rent

1,400 sqft

Likely the same unit · 2 agents · asking prices agree

$10,500/mo

Frequently Asked Questions

Reviews

For Sellers

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Valuation

Median price by flat type

Last 12 months where there were sales, otherwise everything recorded

3 Room

5 sales, 12 months · 278 units

$388K

Data sourced from data.gov.sg HDB Resale Flat Prices. Updated regularly.