HDB Bukit Merah Digest — May 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 82 transactions
  • Average price: $541,457
Avg Price
$541,457 -3.0% MoM
Sales
82

May 2019 Overview

Bukit Merah recorded 82 HDB resale transactions in May 2019 at an average price of $541,457.

That average is down 3% from the prior month on lower volume (82 vs 83 deals).

By Flat Type

Bukit Merah resales by flat type, May 2019
Flat typeSalesAvg price
3 ROOM29$369,517
4 ROOM27$625,467
5 ROOM21$752,423
1 ROOM3$183,333
2 ROOM2$222,500

12-Month Trend

Bukit Merah trailing 12 months
MonthSalesAvg price
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
2019-0483$558,194
2019-0582$541,457

Bukit Merah resale prices have cooled 7.9% from the 2018-08 peak, yet remain 2.9% below where the series began in 2018-06.

FAQ

How many HDB resale transactions in Bukit Merah in May 2019?
Bukit Merah recorded 82 transactions in May 2019 at an average resale price of $541,457.
Did HDB resale prices in Bukit Merah rise or fall in May 2019?
The average resale price moved down 3% from the prior month, to $541,457.
Which flat type sold the most in Bukit Merah in May 2019?
3 ROOM flats led with 29 resales at an average of $369,517.

Methodology & Sources

Numbers in this article reflect May 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 May 2019

Latest recorded data point: May 2019 · 82 records analysed · Source: HDB resale transactions (data.gov.sg)