28 Jalan Bukit Merah 152028, Alexandra Hill, Central Region, Singapore
$388,000
| 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! || Eric Wong : 816.33.777 ERA Division Director
Loading map...
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
Automated Valuation based on 499 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$266,340
S$413 psf
Asking Price
S$388,000
S$602 psf
vs Market
+45.7%
vs Last Done
+1.2%
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
499 comps
Nearest MRT
Redhill
861m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
499 comparable transactions
S$708
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$413
Recent Comparable Transactions
10 shown · 499 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 36 BEO CRES Floor 04 TO 06 | 635sqft | S$378,000 | ▲S$595 +44.1% vs FV | 99yr from 1971 |
Mar 2026 | Blk 36 BEO CRES Floor 04 TO 06 | 635sqft | S$378,000 | ▲S$595 +44.1% vs FV | 99yr from 1971 |
Mar 2026 | Blk 128 BT MERAH VIEW Floor 19 TO 21 | 700sqft | S$350,000 | ▲S$500 +21.1% vs FV | 99yr from 1973 |
Mar 2026 | Blk 112 BT PURMEI RD Floor 13 TO 15 | 797sqft | S$528,000 | ▲S$663 +60.5% vs FV | 99yr from 1985 |
Mar 2026 | Blk 9 CANTONMENT CL Floor 25 TO 27 | 646sqft | S$720,000 | ▲S$1,115 +170.0% vs FV | 99yr from 2002 |
Mar 2026 | Blk 105A DEPOT RD Floor 01 TO 03 | 721sqft | S$630,000 | ▲S$874 +111.6% vs FV | 99yr from 2017 |
Mar 2026 | Blk 28 JLN BT MERAH Floor 01 TO 03 | 646sqft | S$322,000 | ▲S$499 +20.8% vs FV | 99yr from 1967 |
Mar 2026 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$330,000 | ▲S$511 +23.7% vs FV | 99yr from 1967 |
Mar 2026 | Blk 148 SILAT AVE Floor 13 TO 15 | 721sqft | S$468,000 | ▲S$649 +57.1% vs FV | 99yr from 1982 |
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 36 BEO CRES Floor 04 TO 06 | 635sqft | S$368,000 | ▲S$579 +40.2% vs FV | 99yr from 1971 |
Blk 36 BEO CRES
Mar 2026 · Floor 04 TO 06
+44.1% vs FV
Blk 36 BEO CRES
Mar 2026 · Floor 04 TO 06
+44.1% vs FV
Blk 128 BT MERAH VIEW
Mar 2026 · Floor 19 TO 21
+21.1% vs FV
Blk 112 BT PURMEI RD
Mar 2026 · Floor 13 TO 15
+60.5% vs FV
Blk 9 CANTONMENT CL
Mar 2026 · Floor 25 TO 27
+170.0% vs FV
Blk 105A DEPOT RD
Mar 2026 · Floor 01 TO 03
+111.6% vs FV
Blk 28 JLN BT MERAH
Mar 2026 · Floor 01 TO 03
+20.8% vs FV
Blk 28 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+23.7% vs FV
Blk 148 SILAT AVE
Mar 2026 · Floor 13 TO 15
+57.1% vs FV
Blk 60 TELOK BLANGAH HTS
Mar 2026 · Floor 04 TO 06
+43.6% vs FV
Blk 36 BEO CRES
Feb 2026 · Floor 04 TO 06
+40.2% vs FV
HELIOS AI Analysis
The HDB 3 Room property located in Bukit Merah, with a remaining lease of 40 years, presents a compelling investment opportunity within the Singapore housing market. With an estimated value of $266,340, equating to $413 per square foot, this property is currently positioned above market expectations, reflecting a notable 45.7% premium compared to the baseline valuation. This significant deviation from the average indicates strong demand dynamics in the area, which may be attributed to various socio-economic factors, including proximity to established amenities and transport links.
Our analysis, grounded in the evaluation of 499 recent HDB resale transactions in the vicinity, showcases a high model confidence level, underscoring the robustness of our valuation metrics. The remaining lease of 40 years is a crucial factor, as properties with longer leases typically command higher premiums, particularly in sought-after locales such as Bukit Merah. This trend underscores the resilience of the HDB market, where strategic positioning and finite land availability continue to drive property values upward, making this listing a noteworthy consideration for discerning investors seeking to capitalize on the vibrancy of Singapore's real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.