HDB Bukit Merah Digest — November 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 59 transactions
  • Average price: $556,296
Avg Price
$556,296 +10.4% MoM
Sales
59

November 2019 Overview

Bukit Merah recorded 59 HDB resale transactions in November 2019 at an average price of $556,296.

That average is up 10.4% from the prior month on lower volume (59 vs 100 deals).

By Flat Type

Bukit Merah resales by flat type, November 2019
Flat typeSalesAvg price
4 ROOM25$675,716
3 ROOM23$341,204
5 ROOM10$786,589
2 ROOM1$215,000

12-Month Trend

Bukit Merah trailing 12 months
MonthSalesAvg price
2018-1270$580,958
2019-0147$551,674
2019-0256$582,003
2019-0392$561,849
2019-0483$558,194
2019-0582$541,457
2019-0662$584,140
2019-0777$599,716
2019-0887$552,586
2019-0972$595,565
2019-10100$504,053
2019-1159$556,296

Bukit Merah resale prices have cooled 7.2% from the 2019-07 peak, yet remain 4.2% below where the series began in 2018-12. The most recent period recovered 10.4%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Bukit Merah in November 2019?
Bukit Merah recorded 59 transactions in November 2019 at an average resale price of $556,296.
Did HDB resale prices in Bukit Merah rise or fall in November 2019?
The average resale price moved up 10.4% from the prior month, to $556,296.
Which flat type sold the most in Bukit Merah in November 2019?
4 ROOM flats led with 25 resales at an average of $675,716.

Methodology & Sources

Numbers in this article reflect November 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 November 2019

Latest recorded data point: Nov 2019 · 59 records analysed · Source: HDB resale transactions (data.gov.sg)