28 Jalan Bukit Merah 152028, Alexandra Hill, Central Region, Singapore
$350,000
| FOR SALE – 28 JLN BUKIT MERAH | ● Viewing by Appointment Only ● ● All Photos Attached Are Genuine, No AI Photos ● ------ New Exclusive Listing ------ Property Details: • D03 (Alexandra/Commonwealth) • 3Std 645sqft 60sqm • 2 Bed 1 Bath • High Floor • NS Facing • With Utility Room • No Extension Required • New Air Conditioners • Renovated 10yrs ago • Mins Walk to Bus Stops • Mins to Redhill MRT (EW 18) • Mins Walk to Food and Amenities (Coffeeshops, Market, Hawker, Food Centres, Fast Food, Restaurant, Malls, Supermarkets, ATMs, Clinics, Parks and many more) Schools Nearby: • Bukit Merah Secondary • Gan Eng Seng Primary • Queenstown Secondary • Crescent Girls’ School || Don't miss out on the opportunity to own this high floor house that's the perfect blend of comfort and convenience! || Shon Foong : 9.8008.999 E: Shonfoong@era.com.sg ERA Group Division Director Appointed Agency Senior Trainer As featured & Interviewed on Straits Times, Channel U, Channel 8 & The Sunday Times in 2010 and 2013 Click here----> bit.ly/1o4gjvw PS: It's not just about buying or selling your property, it's your path to financial success with the right judgement.
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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: L3008022J
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Automated Valuation based on 15 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$202,865
S$315 psf
Asking Price
S$350,000
S$543 psf
vs Market
+72.5%
vs Last Done
+8.8%
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
15 comps
Nearest MRT
Redhill
861m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
15 comparable transactions
S$540
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.571
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$315
Recent Comparable Transactions
10 shown · 15 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 28 JLN BT MERAH Floor 01 TO 03 | 646sqft | S$322,000 | ▲S$499 +58.4% vs FV | 99yr from 1967 |
Mar 2026 | Blk 28 JLN BT MERAH Floor 01 TO 03 | 646sqft | S$322,000 | ▲S$499 +58.4% vs FV | 99yr from 1967 |
Mar 2026 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$330,000 | ▲S$511 +62.2% vs FV | 99yr from 1967 |
Feb 2026 | Blk 28 JLN BT MERAH Floor 13 TO 15 | 646sqft | S$325,000 | ▲S$503 +59.7% vs FV | 99yr from 1967 |
Sep 2025 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$350,000 | ▲S$542 +72.1% vs FV | 99yr from 1967 |
Sep 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 646sqft | S$330,000 | ▲S$511 +62.2% vs FV | 99yr from 1967 |
Aug 2025 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$343,888 | ▲S$532 +68.9% vs FV | 99yr from 1967 |
Jun 2025 | Blk 28 HOY FATT RD Floor 07 TO 09 | 646sqft | S$356,000 | ▲S$551 +74.9% vs FV | 99yr from 1967 |
Jun 2025 | Blk 28 TELOK BLANGAH RISE Floor 01 TO 03 | 753sqft | S$388,888 | ▲S$516 +63.8% vs FV | 99yr from 1976 |
May 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 646sqft | S$376,000 | ▲S$582 +84.8% vs FV | 99yr from 1967 |
May 2025 | Blk 28 JLN KLINIK Floor 07 TO 09 | 624sqft | S$350,000 | ▲S$561 +78.1% vs FV | 99yr from 1969 |
Blk 28 JLN BT MERAH
Mar 2026 · Floor 01 TO 03
+58.4% vs FV
Blk 28 JLN BT MERAH
Mar 2026 · Floor 01 TO 03
+58.4% vs FV
Blk 28 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+62.2% vs FV
Blk 28 JLN BT MERAH
Feb 2026 · Floor 13 TO 15
+59.7% vs FV
Blk 28 JLN BT MERAH
Sep 2025 · Floor 10 TO 12
+72.1% vs FV
Blk 28 JLN BT MERAH
Sep 2025 · Floor 07 TO 09
+62.2% vs FV
Blk 28 JLN BT MERAH
Aug 2025 · Floor 10 TO 12
+68.9% vs FV
Blk 28 HOY FATT RD
Jun 2025 · Floor 07 TO 09
+74.9% vs FV
Blk 28 TELOK BLANGAH RISE
Jun 2025 · Floor 01 TO 03
+63.8% vs FV
Blk 28 JLN BT MERAH
May 2025 · Floor 07 TO 09
+84.8% vs FV
Blk 28 JLN KLINIK
May 2025 · Floor 07 TO 09
+78.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room unit in Bukit Merah, estimated at $202,865 with a price per square foot (PSF) of $315, reflects a notable market signal that is positioned above the prevailing market baseline by 72.5%. This considerable deviation underscores the competitive dynamics prevalent in this neighborhood, particularly in light of the remaining lease of 40 years. Such lease durations often play a pivotal role in influencing buyer sentiment and investment decisions, especially in a market like Singapore that highly values leasehold properties.
Analysis of 15 recent HDB resale transactions in the vicinity substantiates this valuation, showcasing a blend of demand factors that could be driving this upward pricing trend. Factors such as proximity to essential amenities, transportation links, and a vibrant community lifestyle contribute significantly to the desirability of Bukit Merah. However, the medium confidence level associated with this model suggests a degree of variability in market conditions, indicating that potential buyers should remain vigilant regarding ongoing fluctuations in the housing market as they consider this property.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.