132 Jalan Bukit Merah 160132, Kampong Tiong Bahru, Central Region, Singapore
$350,000
This flat is a 3 Rooms HDB for rent with 1 Baths in 132 Jalan Bukit Merah, a stunning HDB Resale Flat in Singapore. Key features ☺︎ Move-in condition (New Fridge/Washing machine included) ☺︎ New paint and renovated ☺︎ Well-maintained and renovated condition ☺︎ Semi furnished unit ☺︎ Efficient layout ☺︎ Bright and airy Looking for a HDB for Rent 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. 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 Chua Pei Jing from 99.co @ +658799XXXX 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…
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$221,632
S$355 psf
Asking Price
S$350,000
S$561 psf
vs Market
+57.9%
vs Last Done
+18.9%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
2 comps
Nearest MRT
Tiong Bahru
851m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$508
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$355
Recent Comparable Transactions
2 shown · 2 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 +33.0% vs FV | 99yr from 1975 |
Sep 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$300,000 | ▲S$472 +33.0% vs FV | 99yr from 1975 |
May 2025 | Blk 132 JLN BT MERAH Floor 04 TO 06 | 635sqft | S$345,000 | ▲S$543 +53.0% vs FV | 99yr from 1975 |
Blk 132 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+33.0% vs FV
Blk 132 JLN BT MERAH
Sep 2025 · Floor 04 TO 06
+33.0% vs FV
Blk 132 JLN BT MERAH
May 2025 · Floor 04 TO 06
+53.0% 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 $221,632, translating to a price per square foot (PSF) of $355. This valuation is notably above the market baseline, exhibiting a significant variance of 57.9%. Such a premium suggests that this property may possess unique attributes or appeal that could justify its elevated price point, despite the inherent risks associated with a shorter lease duration.
It is essential to consider the model confidence level, which is categorized as low in this instance, indicating that the valuation is derived from limited data points—specifically, only two recent HDB resale transactions in the vicinity. This limited sample size may not fully represent the current market dynamics or the broader economic conditions impacting property values in Bukit Merah. As Singapore's real estate landscape continues to evolve, it is crucial for potential buyers and investors to remain vigilant and conduct thorough due diligence, particularly in areas with shorter lease terms where market fluctuations can significantly impact value perceptions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.