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…
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Automated Valuation based on 15 HDB resale transactions (data.gov.sg)
Fair Value
S$205,367
S$318 psf
Asking Price
S$350,000
S$543 psf
vs Market
+70.4%
vs Last Done
-5.2%
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$546
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$318
Recent Comparable Transactions
10 shown · 15 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 28 JLN KLINIK Floor 10 TO 12 | 624sqft | S$358,000 | ▲S$573 +80.2% vs FV | 99yr from 1969 |
Apr 2026 | Blk 28 JLN KLINIK Floor 10 TO 12 | 624sqft | S$358,000 | ▲S$573 +80.2% vs FV | 99yr from 1969 |
Mar 2026 | Blk 28 JLN BT MERAH Floor 01 TO 03 | 646sqft | S$322,000 | ▲S$499 +56.9% vs FV | 99yr from 1967 |
Mar 2026 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$330,000 | ▲S$511 +60.7% vs FV | 99yr from 1967 |
Feb 2026 | Blk 28 JLN BT MERAH Floor 13 TO 15 | 646sqft | S$325,000 | ▲S$503 +58.2% vs FV | 99yr from 1967 |
Sep 2025 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$350,000 | ▲S$542 +70.4% vs FV | 99yr from 1967 |
Sep 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 646sqft | S$330,000 | ▲S$511 +60.7% vs FV | 99yr from 1967 |
Aug 2025 | Blk 28 JLN BT MERAH Floor 10 TO 12 | 646sqft | S$343,888 | ▲S$532 +67.3% vs FV | 99yr from 1967 |
Aug 2025 | Blk 28 JLN KLINIK Floor 10 TO 12 | 624sqft | S$415,000 | ▲S$665 +109.1% vs FV | 99yr from 1969 |
Jun 2025 | Blk 28 HOY FATT RD Floor 07 TO 09 | 646sqft | S$356,000 | ▲S$551 +73.3% vs FV | 99yr from 1967 |
Jun 2025 | Blk 28 TELOK BLANGAH RISE Floor 01 TO 03 | 753sqft | S$388,888 | ▲S$516 +62.3% vs FV | 99yr from 1976 |
Blk 28 JLN KLINIK
Apr 2026 · Floor 10 TO 12
+80.2% vs FV
Blk 28 JLN KLINIK
Apr 2026 · Floor 10 TO 12
+80.2% vs FV
Blk 28 JLN BT MERAH
Mar 2026 · Floor 01 TO 03
+56.9% vs FV
Blk 28 JLN BT MERAH
Mar 2026 · Floor 10 TO 12
+60.7% vs FV
Blk 28 JLN BT MERAH
Feb 2026 · Floor 13 TO 15
+58.2% vs FV
Blk 28 JLN BT MERAH
Sep 2025 · Floor 10 TO 12
+70.4% vs FV
Blk 28 JLN BT MERAH
Sep 2025 · Floor 07 TO 09
+60.7% vs FV
Blk 28 JLN BT MERAH
Aug 2025 · Floor 10 TO 12
+67.3% vs FV
Blk 28 JLN KLINIK
Aug 2025 · Floor 10 TO 12
+109.1% vs FV
Blk 28 HOY FATT RD
Jun 2025 · Floor 07 TO 09
+73.3% vs FV
Blk 28 TELOK BLANGAH RISE
Jun 2025 · Floor 01 TO 03
+62.3% vs FV
HELIOS AI Analysis
In the competitive landscape of Singapore's real estate, the valuation of the HDB 3 Room unit in Bukit Merah reflects intriguing market dynamics, particularly given its remaining lease of 40 years. With an estimated value of $205,367, equating to $318 PSF, this property is positioned above the prevailing market trends, showcasing a notable 70.4% divergence from the baseline. Such a premium valuation indicates a robust demand for properties in this region, despite the diminishing lease period, which often weighs heavily on buyer sentiment.
Analyzing the broader market signals, this valuation is derived from an assessment of 15 recent HDB resale transactions within the vicinity, reinforcing the model's confidence level as medium. Factors contributing to this above-market valuation may include the strategic location of Bukit Merah, proximity to essential amenities, and the area's overall desirability. As the landscape of HDB properties continues to evolve, prospective buyers and investors should consider the implications of lease duration alongside market shifts, ensuring informed decisions in an ever-changing real estate environment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.