141 Jalan Bukit Merah 160141, Kampong Tiong Bahru, Central Region, Singapore
$388,000
◆ HDB For Sale ◆ Blk 141 Jalan Bukit Merah 3-Room Flat (3NG) 【 Unit Details 】 - Well Maintained unit. - Floor Area: 67sqm | 721 sqft - 2 Bedroom 2 Bath - Asking $388,000 - Lease Starts 1979 - Remaining Lease: 54years - Ethnic Quota: None for the month of Feb 2024 - HIP done - Require 3months Extension - Genuine Sellers - Efficient, Spacious, Functional and Squarish layout - Bright and Windy - Quiet Environment - Suitable for Singles or Small Family Superb Location (Nearby to City & Amenities) Nearby Schools - CHIJ (KELLOCK) - 0.27 km - RADIN MAS PRIMARY SCHOOL - 0.57 km - ZHANGDE PRIMARY SCHOOL - 0.84 km - CHIJ ST. THERESA'S CONVENT (Secondary) - 0.71 km Hawker Centers - Jalan Bukit Merah Blk 112 (Blk 112 Jalan Bukit Merah Market and Food Centre) - 0.42 km - Telok Blangah Rise Blk 36 (Telok Blangah Rise Market) - 0.87 km - Tiong Bahru Market (Seng Poh Road) - 0.97 km Shopping Mall - Tiong Bahru Plaza - 1.04 km Childcare Centers - STAR LEARNERS @ BUKIT MERAH PTE. LTD. - 0.20 km - MY FIRST SKOOL - 0.21 km - Little Footprints Preschool Group Pte Ltd - 0.33 km Contact me @+658832XXXX- Jerome Lim R068222G
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…
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Automated Valuation based on 5 HDB resale transactions (data.gov.sg)
Fair Value
S$264,788
S$367 psf
Asking Price
S$388,000
S$538 psf
vs Market
+46.5%
vs Last Done
+18.5%
Tenure
51 yrs
99-year Leasehold · Balance remaining
Confidence
Low
5 comps
Nearest MRT
Tiong Bahru
1034m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
5 comparable transactions
S$504
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.729
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$367
Recent Comparable Transactions
5 shown · 5 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 +23.7% vs FV | 99yr from 1979 |
Mar 2026 | Blk 141 JLN BT MERAH Floor 10 TO 12 | 883sqft | S$401,000 | ▲S$454 +23.7% vs FV | 99yr from 1979 |
Jan 2026 | Blk 141 JLN BT MERAH Floor 04 TO 06 | 721sqft | S$360,000 | ▲S$499 +36.0% vs FV | 99yr from 1979 |
Sep 2025 | Blk 141 JLN BT MERAH Floor 04 TO 06 | 721sqft | S$382,000 | ▲S$530 +44.4% vs FV | 99yr from 1979 |
Aug 2025 | Blk 141 JLN BT MERAH Floor 01 TO 03 | 721sqft | S$360,000 | ▲S$499 +36.0% vs FV | 99yr from 1979 |
Jul 2025 | Blk 141 JLN BT MERAH Floor 10 TO 12 | 721sqft | S$388,000 | ▲S$538 +46.6% vs FV | 99yr from 1979 |
Blk 141 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+23.7% vs FV
Blk 141 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+23.7% vs FV
Blk 141 JLN BT MERAH
Jan 2026 · Floor 04 TO 06
+36.0% vs FV
Blk 141 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+44.4% vs FV
Blk 141 JLN BT MERAH
Aug 2025 · Floor 01 TO 03
+36.0% vs FV
Blk 141 JLN BT MERAH
Jul 2025 · Floor 10 TO 12
+46.6% vs FV
HELIOS AI Analysis
In the dynamic landscape of Singapore’s HDB market, the valuation of a 3-room unit in Bukit Merah presents intriguing insights into current housing trends. With a remaining lease of 51 years, the estimated value of $264,788, equating to $367 per square foot, positions this property significantly above the market baseline by 46.5%. This premium valuation indicates a robust demand for properties in Bukit Merah, which is likely fueled by the area's strategic location and amenities, making it an attractive choice for both homeowners and investors alike.
However, the model confidence for this valuation is categorized as low, suggesting that the estimated value may be subject to volatility influenced by local market dynamics. The analysis is derived from a limited dataset of only five recent HDB resale transactions in the vicinity, which may not fully encapsulate broader market trends. As such, potential buyers are advised to conduct comprehensive due diligence and consider the implications of the remaining lease length, as it could impact future resale value and marketability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.