132 Jalan Bukit Merah 160132, Kampong Tiong Bahru, Central Region, Singapore
$380,000
This flat is a 3 Rooms HDB for sale with 2 Baths in 132 Jalan Bukit Merah, a stunning HDB Resale Flat in Singapore. Looking for a HDB for Sale in Singapore? Jalan Bukit Merah is the perfect property in Bukit Merah for you! Located in Bukit Merah HDB Estate, this development is part of District 3. Completed in 1975, Jalan Bukit Merah is a 99 year leasehold HDB Development with a total of 143 units. It has a total of 10 floors and is one of 45 HDB blocks on Jalan Bukit Merah. Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km ⭑ Nearby Bus stops • Blk 140 (133 m) - 2 mins walk • Opposite Blk 140 (194 m) - 3 mins walk • Blk 201 (248 m) - 4 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Kampong Fresh Chicken (266 m) - 4 mins walk • Lim & Siew Lan Fish Stall (294 m) - 5 mins walk • Lim Frozen Food (303 m) - 5 mins walk • 2 more walking distance grocery stores within 500 m ⭑ Nearby Schools • My First Skool at Blk 137 Jalan Bukit Merah (156 m) - 3 mins walk • PCF Sparkletots @ Tanjong Pagar-Tiong Bahru Blk 130 (224 m) - 4 mins walk • Star tots playgroup (244 m) - 4 mins walk • 6 more schools within 1 km ⭑ Nearby Parks • The Giving Garden @ Kim Tian West (288 m) - 4 mins walk • Jambu Trees @Jalan Bukit Merah (318 m) - 5 mins walk • Rail Corridor Access (108JBM) (354 m) - 5 mins walk • 7 more parks within 1 km Please call Henry Lim from 99.co @ +659233XXXX to arrange for a viewing.
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…


License: L3008899K
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$237,311
S$374 psf
Asking Price
S$380,000
S$598 psf
vs Market
+60.1%
vs Last Done
+26.7%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
3 comps
Nearest MRT
Tiong Bahru
851m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$534
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$374
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$300,000 | ▲S$472 +26.2% vs FV | 99yr from 1975 |
Sep 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$300,000 | ▲S$472 +26.2% vs FV | 99yr from 1975 |
May 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$345,000 | ▲S$543 +45.2% vs FV | 99yr from 1975 |
Nov 2024 | Blk 132 JLN BT MERAH Floor 01 TO 03 | 635sqft | S$373,000 | ▲S$587 +57.0% vs FV | 99yr from 1975 |
Blk 132 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+26.2% vs FV
Blk 132 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+26.2% vs FV
Blk 132 JLN BT MERAH
May 2025 · Floor 04 TO 06
+45.2% vs FV
Blk 132 JLN BT MERAH
Nov 2024 · Floor 01 TO 03
+57.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room property located in Bukit Merah, with a remaining lease of 48 years, stands at an estimated value of $237,311, translating to $374 PSF. This valuation indicates a significant market signal, being assessed at 60.1% above the baseline. Such an increase suggests that this property is priced above the prevailing market trends, reflecting a heightened demand for housing in this strategic location. Bukit Merah, known for its rich cultural heritage and proximity to the Central Business District, continues to attract buyers, thereby pushing valuations upward despite the relatively short remaining lease term.
However, the model confidence for this valuation is categorized as low, primarily derived from an analysis of only three recent HDB resale transactions in the immediate vicinity. This limited dataset could imply variability in market conditions that may not fully encapsulate the broader trends influencing property values in the area. Investors and potential buyers should approach this valuation with caution, considering both the implications of the remaining lease period and the uniqueness of the Bukit Merah market dynamics. As such, while the property exhibits strong potential due to its advantageous location, further due diligence is recommended to understand the sustainability of the current valuation amidst fluctuating market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.