129 Bukit Merah View 150129, Henderson Hill, Central Region, Singapore
$428,000
Extremely Great Value High Floor 3 Room HDB - Not to be missed! RARE! EXTREMELY HIGH FLOOR COME GRAB IT BEFORE IT IS SOLD Open to all Ethnic Groups Negotiable Extension WHY IS THIS UNIT FOR YOU? - High Floor, Above L15 - 1 Bus Stop to Tiong Bahru MRT - Sheltered Walk to Tiong Bahru MRT - Not 1 but 2 Hawkers & Wet Markets - 2 Bedroom + Utility Room - Many Primary schools around! HOUSE FEATURES - 700 sqft / 65 sqm - Great View - Main door faces West - Good size Kitchen & living room - Min Structural walls! Shape your house your way! - TOP in 1973, 46 years remaining CONVENIENCE - 1 Bus stop to Tiong Bahru Plaza - 2 mins walk to Bukit Merah View Hawker & Wet Market - Walkable to Red Hill Hawker & Market - Walk to Tiong Bahru Market & Cafe hotspots! - Polyclinic, Bukit Merah Swimming Complex nearby - 0.98km to SAFRA Mt Faber TRANSPORTATION - MSCP right downstairs - Bus Stop (Blk 129), 7 bus services - Walk or take 1 bus stop to Tiong Bahru MRT - Direct bus to VivoCity! - Direct Bus to Orchard! - Direct bus to CBD! - Quick drive to CTE SCHOOLS (<1KM) - Zhangde Primary School - Henderson Secondary School - Gan Eng Seng School - Alexandra Primary School - Chij St. Theresa's Convent - Gan Eng Seng Primary School - Radin Mas Primary School (Popular) Don't miss the opportunity to view this rare unit, enquire now for an earliest exclusive viewing! —— UNSURE which grant you are eligible for? UNSURE how much cash/CPF/loan to use? UNSURE how long about your buy/sell timeline? Drop me a call / text to be sure of what you are unsure of!
The following locations are within radius of this property, with distance shown in kilometers.
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…
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 4 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$292,138
S$418 psf
Asking Price
S$428,000
S$612 psf
vs Market
+46.5%
vs Last Done
-0.5%
Tenure
46 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
4 comps
Nearest MRT
Tiong Bahru
474m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$606
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.657
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$418
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 129 BT MERAH VIEW Floor 13 TO 15 | 700sqft | S$430,000 | ▲S$615 +47.1% vs FV | 99yr from 1973 |
Jan 2026 | Blk 129 BT MERAH VIEW Floor 13 TO 15 | 700sqft | S$430,000 | ▲S$615 +47.1% vs FV | 99yr from 1973 |
Nov 2025 | Blk 129 BT MERAH VIEW Floor 07 TO 09 | 700sqft | S$415,000 | ▲S$593 +41.9% vs FV | 99yr from 1973 |
Jul 2025 | Blk 129 BT MERAH VIEW Floor 19 TO 21 | 700sqft | S$445,000 | ▲S$636 +52.2% vs FV | 99yr from 1973 |
Jul 2025 | Blk 129 BT MERAH VIEW Floor 04 TO 06 | 700sqft | S$405,000 | ▲S$579 +38.5% vs FV | 99yr from 1973 |
Blk 129 BT MERAH VIEW
Jan 2026 · Floor 13 TO 15
+47.1% vs FV
Blk 129 BT MERAH VIEW
Jan 2026 · Floor 13 TO 15
+47.1% vs FV
Blk 129 BT MERAH VIEW
Nov 2025 · Floor 07 TO 09
+41.9% vs FV
Blk 129 BT MERAH VIEW
Jul 2025 · Floor 19 TO 21
+52.2% vs FV
Blk 129 BT MERAH VIEW
Jul 2025 · Floor 04 TO 06
+38.5% vs FV
HELIOS AI Analysis
The HDB 3-room property located in Bukit Merah presents a unique investment opportunity, albeit with certain inherent risks given its remaining lease of 46 years. Currently estimated at $292,138, or $418 per square foot, this valuation reflects a notable premium of 46.5% above the baseline market price. Such a significant markup suggests that the property is positioned in a desirable location, benefiting from the vibrant community and strategic accessibility that Bukit Merah offers. However, potential buyers should approach this valuation with caution, as the estimated market signal indicates a high deviation from typical price trends.
It is crucial to note that the model confidence for this valuation is categorized as low, which may stem from the limited dataset of only four recent HDB resale transactions within the vicinity. This lack of robust data could lead to volatility in future pricing and underscores the importance of conducting thorough due diligence. As the lease progressively diminishes, the impact on property value will become increasingly pronounced, particularly as buyers become more discerning regarding leasehold properties. Therefore, while this HDB unit exhibits strong potential, investors should weigh the current valuation against long-term lease sustainability and market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.