124 Bt Merah Lane 1

HDB Block · in Bukit Merah, Singapore · 99-year lease · Completed 1978

Data through 1 September 2023

Intro: 124 Bt Merah Lane 1 is an HDB block located along Bukit Merah Lane 1 within Bukit Merah with a 99-year lease commencing in 1978. It was completed in 1978 with 17 units in total. So far it has been transacted a total of 14 times.

HDBBukit Merah

124 Bt Merah Lane 1 project details

Street

Bukit Merah Lane 1

Postal Code

150124

Unit Types

3 Room

Completion

1978

Total Units

Unit Size

721 - 882 sqft

Lease Remaining

51 yrs

MRT and LRT stations near 124 Bt Merah Lane 1

Queenstown982 m MRTMRT

See details on nearby stations

124 Bt Merah Lane 1 price, PSF and transaction trends

01-08-1994

First Transacted

01-09-2023

Last Transacted

Total Transactions

124 Bt Merah Lane 1 transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for 124 Bt Merah Lane 1, the median price was S$249,000 and the median PSF was S$345 psf. The newest record shown is from 1 September 2023. The annual project median was 100.0% higher in 2023 than in 2004; unit mix can affect year-to-year comparisons.

Recent 124 Bt Merah Lane 1 transactions

Date	Flat type / storey	Price	PSF	Size
1 September 2023	3 Room · 04 To 06	S$380,000	S$527 psf	721 sqft
1 April 2022	3 Room · 01 To 03	S$400,000	S$465 psf	861 sqft
1 December 2021	3 Room · 01 To 03	S$384,000	S$533 psf	721 sqft
1 January 2014	3 Room · 04 To 06	S$385,000	S$534 psf	721 sqft
1 July 2010	3 Room · 04 To 06	S$302,000	S$419 psf	721 sqft

124 Bt Merah Lane 1 median transaction PSF (S$)

124 Bt Merah Lane 1 annual price trend

Year	Median price	Median PSF	Recorded sales
2023	S$380,000	S$527 psf	1
2022	S$400,000	S$465 psf	1
2021	S$384,000	S$533 psf	1
2014	S$385,000	S$534 psf	1
2010	S$302,000	S$419 psf	1
2009	S$247,000	S$343 psf	1
2008	S$251,000	S$348 psf	1
2004	S$190,000	S$264 psf	2

Profitable

Unprofitable

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Frequently asked questions about 124 Bt Merah Lane 1

How much do units at 124 Bt Merah Lane 1 cost?

The latest 12 recorded sales show a median price of S$249,000 and a median of S$345 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 124 Bt Merah Lane 1 freehold or leasehold?

124 Bt Merah Lane 1 has a tenure of 99-year lease.

When was 124 Bt Merah Lane 1 completed?

124 Bt Merah Lane 1 was completed in 1978 and the project has 17 units.

Which MRT or LRT station is nearest to 124 Bt Merah Lane 1?

Queenstown is the nearest station shown, at an estimated straight-line distance of 982 metres.

Data sources and methodology

Resale transaction records are based on HDB resale transaction data published on data.gov.sg. REALSMART calculates block-level medians, chart groupings, profitability indicators and straight-line distances. Data on this page runs through 1 September 2023. Figures are indicative and do not constitute financial advice.