HDB Blocks on Hoy Fatt Rd, Bukit Merah

3 blocks · built 1967–1987 · 40–60 yrs lease left

6 sales in the last 12 months · ~1.6% of 368 units

Blocks

3

368 units

Median price

$855K

5 Room · 2 sales · last 12 months

Median PSF

$651

5 Room · last 12 months

Asking vs sold

+3.9%

$888K ask · $855K sold

Compare the blocks

Medians are for each block's most traded flat type, last 12 months where there were sales.

BlockLease leftMedianPSFFor saleFor rent
Blk 282 Room40 yrs$272K2 sales, 12 mo$5375 units7 listings2 units
Blk 494 Room59 yrs$585K3 sales, 12 mo$6482 units4 listings2 units
Blk 505 Room60 yrs$885K1 sale, 12 mo$6741 unit2 listings–

Can you use CPF for this flat?

40 years left on the 99, from 1967.

Short by 20 years. CPF capped at 67% of the price, loan at 75%.
35
$855K
$150K

CPF you can use

capped at 67% of the price (40 years of lease over the 60 you need)

$150,000

Maximum bank loan

75% of the price, over 25 years

$641,250

Cash you need

at least $42,750 of any purchase must be cash

$63,750

Monthly instalment

25 years at 3.5%

$3,210

CPF 18% Loan 75% Cash 7%

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

About Hoy Fatt Rd

Hoy Fatt Rd has 3 HDB blocks in Bukit Merah, built between 1967 and 1987, with 40 to 60 years left on the lease. 6 flats changed hands here in the last 12 months. 2 primary schools sit within 1km, which is the band that gives priority in the P1 ballot.

Questions about Hoy Fatt Rd

Around this street

Primary schools within 1km

  • Gan Eng Seng Primary School (0.53km)
  • Queenstown Primary School (1km)

Inside 1km gives priority in the P1 registration ballot.

Resale prices from data.gov.sg. School locations from OneMap.

HDB Blocks on Hoy Fatt Rd, Bukit Merah