HDB Bukit Merah Digest — December 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 62 transactions
  • Average price: $559,301
Avg Price
$559,301 +0.5% MoM
Sales
62

December 2019 Overview

Bukit Merah recorded 62 HDB resale transactions in December 2019 at an average price of $559,301.

That average is up 0.5% from the prior month on higher volume (62 vs 59 deals).

By Flat Type

Bukit Merah resales by flat type, December 2019
Flat typeSalesAvg price
3 ROOM28$392,702
4 ROOM24$672,583
5 ROOM10$753,900

12-Month Trend

Bukit Merah trailing 12 months
MonthSalesAvg price
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
2019-1262$559,301

Bukit Merah resale prices have cooled 6.7% from the 2019-07 peak, yet remain 1.4% above where the series began in 2019-01. The most recent period recovered 0.5%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Bukit Merah in December 2019?
Bukit Merah recorded 62 transactions in December 2019 at an average resale price of $559,301.
Did HDB resale prices in Bukit Merah rise or fall in December 2019?
The average resale price moved up 0.5% from the prior month, to $559,301.
Which flat type sold the most in Bukit Merah in December 2019?
3 ROOM flats led with 28 resales at an average of $392,702.

Methodology & Sources

Numbers in this article reflect December 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 December 2019

Latest recorded data point: Dec 2019 · 62 records analysed · Source: HDB resale transactions (data.gov.sg)