28 Jalan Bukit Merah 152028, Alexandra Hill, Central Region, Singapore
$368,000
Don’t miss this rare opportunity to own a high-floor 3-room flat with a utility room in the highly convenient Bukit Merah / Alexandra area. Ideal for small families, couples, or investors looking for a well-located home close to MRT, amenities, and schools. Info on Property: - 3-Room Standard - Approx. 645 sqft / 60 sqm - comes with 2 Bedrooms and 1 Bathroom - High Floor with North-South Facing - Utility Room Included - No Extension Required - Renovated - Bright and well-ventilated layout Excellent Connectivity: - Short walk to Redhill MRT Station (EW18) - Minutes walk to nearby bus stops - Easy access to Alexandra Road, Tiong Bahru and CBD - Amenities at Your Doorstep Enjoy the convenience of living near coffeeshops, markets, supermarkets, restaurants, clinics, ATMs, parks, and shopping options. Schools Nearby: - Bukit Merah Secondary School - Gan Eng Seng Primary School - Queenstown Secondary School - Crescent Girls' School Perfect for buyers looking for a well-connected home in a mature estate with strong amenities and transport access. Contact Conrad now at 8786XXXX to arrange an exclusive viewing appointment.
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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$203,179
S$315 psf
Asking Price
S$368,000
S$570 psf
vs Market
+81.1%
vs Last Done
+14.2%
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
In the competitive landscape of Singapore's real estate, the valuation of this HDB 3-room unit in Bukit Merah reflects significant market dynamics. With an estimated value of $203,179, translating to $315 PSF, this property stands out as being priced above the market average, with a notable 81.1% difference from the baseline valuation. This premium pricing signals robust demand for residential properties in the Bukit Merah area, despite its remaining lease of 40 years, which typically exerts a downward pressure on property values.
The model confidence for this valuation is categorized as medium, based on an analysis of 15 recent HDB resale transactions within the vicinity. This indicates a moderate level of certainty in the valuation, factoring in recent market trends and demand fluctuations. The sustained interest in Bukit Merah, a well-established residential enclave, highlights its appeal despite the leasehold limitation. Investors and homeowners alike may find this property attractive, as it promises potential for future appreciation driven by ongoing urban development and infrastructural enhancements in the region.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.