124 Bukit Merah Lane 1 150124, Alexandra Hill, Central Region, Singapore
$500 /month

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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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Estimated sale value based on 164 HDB resale transactions (data.gov.sg) · 10 outliers removed (IQR)
Fair Value
S$49,531
S$413 psf
Asking Price
S$500
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
51 yrs
99-year Leasehold · Balance remaining
Confidence
High
164 comps
Nearest MRT
Queenstown
982m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
164 comparable transactions
S$555
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.729
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$413
Recent Comparable Transactions
10 shown · 164 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 141 JLN BT MERAH Floor 10 TO 12 | 883sqft | S$401,000 | ▲S$454 +9.9% vs FV | 99yr from 1979 |
Mar 2026 | Blk 141 JLN BT MERAH Floor 10 TO 12 | 883sqft | S$401,000 | ▲S$454 +9.9% vs FV | 99yr from 1979 |
Mar 2026 | Blk 2 JLN BT MERAH Floor 01 TO 03 | 678sqft | S$330,000 | ▲S$487 +17.9% vs FV | 99yr from 1975 |
Mar 2026 | Blk 10 TELOK BLANGAH CRES Floor 07 TO 09 | 775sqft | S$425,000 | ▲S$548 +32.7% vs FV | 99yr from 1975 |
Mar 2026 | Blk 12 TELOK BLANGAH CRES Floor 10 TO 12 | 753sqft | S$405,000 | ▲S$538 +30.3% vs FV | 99yr from 1975 |
Mar 2026 | Blk 44 TELOK BLANGAH DR Floor 07 TO 09 | 818sqft | S$463,000 | ▲S$566 +37.0% vs FV | 99yr from 1976 |
Mar 2026 | Blk 55 TELOK BLANGAH DR Floor 07 TO 09 | 786sqft | S$505,000 | ▲S$643 +55.7% vs FV | 99yr from 1978 |
Mar 2026 | Blk 54 TELOK BLANGAH DR Floor 07 TO 09 | 786sqft | S$470,888 | ▲S$599 +45.0% vs FV | 99yr from 1978 |
Mar 2026 | Blk 60 TELOK BLANGAH HTS Floor 04 TO 06 | 721sqft | S$428,000 | ▲S$593 +43.6% vs FV | 99yr from 1976 |
Feb 2026 | Blk 2 JLN BT MERAH Floor 07 TO 09 | 678sqft | S$350,000 | ▲S$516 +24.9% vs FV | 99yr from 1975 |
Feb 2026 | Blk 6 TELOK BLANGAH CRES Floor 10 TO 12 | 700sqft | S$350,000 | ▲S$500 +21.1% vs FV | 99yr from 1975 |
Blk 141 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+9.9% vs FV
Blk 141 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+9.9% vs FV
Blk 2 JLN BT MERAH
Mar 2026 · Floor 01 TO 03
+17.9% vs FV
Blk 10 TELOK BLANGAH CRES
Mar 2026 · Floor 07 TO 09
+32.7% vs FV
Blk 12 TELOK BLANGAH CRES
Mar 2026 · Floor 10 TO 12
+30.3% vs FV
Blk 44 TELOK BLANGAH DR
Mar 2026 · Floor 07 TO 09
+37.0% vs FV
Blk 55 TELOK BLANGAH DR
Mar 2026 · Floor 07 TO 09
+55.7% vs FV
Blk 54 TELOK BLANGAH DR
Mar 2026 · Floor 07 TO 09
+45.0% vs FV
Blk 60 TELOK BLANGAH HTS
Mar 2026 · Floor 04 TO 06
+43.6% vs FV
Blk 2 JLN BT MERAH
Feb 2026 · Floor 07 TO 09
+24.9% vs FV
Blk 6 TELOK BLANGAH CRES
Feb 2026 · Floor 10 TO 12
+21.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit located in Bukit Merah, with a remaining lease of 51 years, stands at an estimated value of $49,531, translating to an indicative price per square foot (PSF) of $413. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment for HDB properties in the area. Such stability can be attributed to consistent demand coupled with a limited supply of resale units, positioning this property as a competitive offering in the current market landscape.
The model's confidence in this valuation is markedly high, bolstered by an analysis of 164 recent HDB resale transactions within the vicinity. This robust data set underscores the reliability of the estimated value, aligning with prevailing market trends. As Bukit Merah continues to evolve as a sought-after residential enclave, the remaining lease of 51 years presents a unique dynamic; potential buyers may consider the longevity of occupancy against the backdrop of future urban developments, thereby influencing their purchasing decisions. Overall, this HDB unit exemplifies the intersection of value, market stability, and the intrinsic appeal of living in a vibrant community.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.