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.
ADVERTISEMENT
REDISCOVER SINGAPORE - EDGEPROP SINGAPORE
Rediscover Bukit Merah Today!
#FINDYOURSPOT in our beloved city island
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

Interested in HDB flat near Tiong Bahru MRT station? Click here
Follow Us On
Our Sites
Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.
Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.
Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.
Web Version 4.5.113
Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.
On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.