132 Jalan Bukit Merah 160132, Kampong Tiong Bahru, Central Region, Singapore
$380,000
This flat is a 3 Rooms HDB for sale with 2 Baths in 132 Jalan Bukit Merah, a stunning HDB Resale Flat in Singapore. Looking for a HDB for Sale in Singapore? Jalan Bukit Merah is the perfect property in Bukit Merah for you! Located in Bukit Merah HDB Estate, this development is part of District 3. Completed in 1975, Jalan Bukit Merah is a 99 year leasehold HDB Development with a total of 143 units. It has a total of 10 floors and is one of 45 HDB blocks on Jalan Bukit Merah. Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km ⭑ Nearby Bus stops • Blk 140 (133 m) - 2 mins walk • Opposite Blk 140 (194 m) - 3 mins walk • Blk 201 (248 m) - 4 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Kampong Fresh Chicken (266 m) - 4 mins walk • Lim & Siew Lan Fish Stall (294 m) - 5 mins walk • Lim Frozen Food (303 m) - 5 mins walk • 2 more walking distance grocery stores within 500 m ⭑ Nearby Schools • My First Skool at Blk 137 Jalan Bukit Merah (156 m) - 3 mins walk • PCF Sparkletots @ Tanjong Pagar-Tiong Bahru Blk 130 (224 m) - 4 mins walk • Star tots playgroup (244 m) - 4 mins walk • 6 more schools within 1 km ⭑ Nearby Parks • The Giving Garden @ Kim Tian West (288 m) - 4 mins walk • Jambu Trees @Jalan Bukit Merah (318 m) - 5 mins walk • Rail Corridor Access (108JBM) (354 m) - 5 mins walk • 7 more parks within 1 km Please call Henry Lim from 99.co @ +659233XXXX to arrange for a viewing.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008899K
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$237,311
S$374 psf
Asking Price
S$380,000
S$598 psf
vs Market
+60.1%
vs Last Done
+26.7%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
3 comps
Nearest MRT
Tiong Bahru
851m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$534
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$374
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$300,000 | ▲S$472 +26.2% vs FV | 99yr from 1975 |
Sep 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$300,000 | ▲S$472 +26.2% vs FV | 99yr from 1975 |
May 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$345,000 | ▲S$543 +45.2% vs FV | 99yr from 1975 |
Nov 2024 | Blk 132 JLN BT MERAH Floor 01 TO 03 | 635sqft | S$373,000 | ▲S$587 +57.0% vs FV | 99yr from 1975 |
Blk 132 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+26.2% vs FV
Blk 132 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+26.2% vs FV
Blk 132 JLN BT MERAH
May 2025 · Floor 04 TO 06
+45.2% vs FV
Blk 132 JLN BT MERAH
Nov 2024 · Floor 01 TO 03
+57.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room property located in Bukit Merah reflects a complex interplay of market dynamics and unique lease considerations. With an estimated value of $237,311, translating to $374 per square foot, this property is currently positioned significantly above the market baseline by 60.1%. Such a disparity indicates a strong demand for housing in this area, particularly given the remaining lease of 48 years, which traditionally influences buyer sentiment and pricing strategies in the HDB market.
Despite the attractive location and the potential for future appreciation, the model confidence for this valuation remains low, primarily due to the limited dataset derived from only three recent HDB resale transactions in the vicinity. This lack of comprehensive data may suggest volatility in pricing trends or varying buyer preferences. It is crucial for prospective buyers and investors to consider the implications of the remaining lease duration, as it may affect long-term investment viability and resale potential. In the evolving landscape of Singapore's real estate market, understanding these nuances is essential for making informed decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.