HDB Bukit Merah Digest — March 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 92 transactions
  • Average price: $561,849
Avg Price
$561,849 -3.5% MoM
Sales
92

March 2019 Overview

Bukit Merah recorded 92 HDB resale transactions in March 2019 at an average price of $561,849.

Month-on-month, prices moved down 3.5% on higher volume (92 vs 56 deals).

By Flat Type

Bukit Merah resales by flat type, March 2019
Flat typeSalesAvg price
4 ROOM37$633,840
3 ROOM25$360,080
5 ROOM23$758,957
2 ROOM5$288,600
1 ROOM2$168,500

12-Month Trend

Bukit Merah trailing 12 months
MonthSalesAvg price
2018-0479$580,851
2018-0561$585,391
2018-0688$557,430
2018-0799$587,637
2018-0881$587,946
2018-0976$568,675
2018-1082$553,804
2018-1177$555,235
2018-1270$580,958
2019-0147$551,674
2019-0256$582,003
2019-0392$561,849

From the 2018-08 high, Bukit Merah resale prices have given back 4.4% — still 3.3% below the 2018-04 baseline.

FAQ

How many HDB resale transactions in Bukit Merah in March 2019?
Bukit Merah recorded 92 transactions in March 2019 at an average resale price of $561,849.
Did HDB resale prices in Bukit Merah rise or fall in March 2019?
The average resale price moved down 3.5% from the prior month, to $561,849.
Which flat type sold the most in Bukit Merah in March 2019?
4 ROOM flats led with 37 resales at an average of $633,840.

Methodology & Sources

Numbers in this article reflect March 2019 and update every month.

HDB resale and rental data from data.gov.sg.

Outlier-resistant medians anchor every PSF figure shown above. Volume counts are exact transaction tallies, not estimates.

Data as of March 2019

Latest recorded data point: Mar 2019 · 92 records analysed · Source: HDB resale transactions (data.gov.sg)