JUST SOLD: Five-room flat in Bukit Merah sold for $900,000

By Metta Lee / The Edge Property | March 17, 2016 10:28 AM SGT
A 1,184 sq ft five-room HDB flat in Bukit Merah changed hands for $900,000 in February 2016. The high-floor unit is located at 118B Jalan Membina that was completed in 2003. This is the most-expensive five-room flat transaction in its immediate vicinity this year.
Prior to this transaction, two other deals at 120 Kim Tian Place and 131B Kim Tian Road, located within 500m from the block, have set the ceiling price this year. A 1,238 sq ft flat at 120 Kim Tian Place and a 1,184 sq ft flat in 131B Kim Tian Road were sold at a similar price of $850,000.
118B Jalan Membina is sited within 500m from Tiong Bahru Plaza and Tiong Bahru station of the East-West Line. Schools within 1km from the block include CHIJ (Kellock), Radin Mas Primary School and Zhangde Primary School.
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Five-room flat transactions in a 500m radius of 118B Jalan Membina in 2016
Street
Sale Price
Floor
Area (sqft)
Lease Start
Contract date
118B Jalan Membina
900,000
19 to 21
1,184
2003
29-Feb-16
27B Jalan Membina
840,000
07 to 09
1,184
2008
24-Feb-16
120 Kim Tian Place
850,000
10 to 12
1,238
2001
24-Feb-16
120 Kim Tian Place
820,000
13 to 15
1,238
2001
24-Feb-16
119D Kim Tian Road
820,000
22 to 24
1,184
2002
19-Feb-16
119B Kim Tian Road
818,000
25 to 27
1,184
2002
15-Feb-16
131B Kim Tian Road
850,000
25 to 27
1,184
2002
18-Jan-16

Source: HDB, The Edge Property

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