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138 Jln Bt Merah

HDB Block · in Bukit Merah, Singapore · 99-year lease · Completed 1975

Data through 1 May 2026

Intro: 138 Jln Bt Merah is an HDB block located along Jalan Bukit Merah within Bukit Merah with a 99-year lease commencing in 1975. It was completed in 1975 with 88 units in total. So far it has been transacted a total of 106 times.

HDBBukit Merah
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs
Annual Returns
Avg annualized profit (past 1y)
6.0%

138 Jln Bt Merah project details

Street
Jalan Bukit Merah
Postal Code
160138
Unit Types
3 Room, 5 Room
Completion
1975
Total Units
88
Unit Size
635 - 1,270 sqft
Lease Remaining
48 yrs

MRT and LRT stations near 138 Jln Bt Merah

  • Tiong Bahru821 m · MRTEW17
See details on nearby stations

Primary schools near 138 Jln Bt Merah

  • Chij (Kellock)449 m
  • Radin Mas Primary School452 m
  • Zhangde Primary School651 m
See details on nearby schools

138 Jln Bt Merah price, PSF and transaction trends

01-05-1990
First Transacted
01-05-2026
Last Transacted
106
Total Transactions

138 Jln Bt Merah transaction volume

138 Jln Bt Merah transaction volume01232018 · Resale: 120182019 · Resale: 220192020 · Resale: 220202021 · Resale: 220212022 · Resale: 320222024 · Resale: 220242025 · Resale: 120252026 · Resale: 12026
New SaleSub SaleResale

Among the latest 12 recorded sales for 138 Jln Bt Merah, the median price was S$324,944 and the median PSF was S$512 psf. The newest record shown is from 1 May 2026. The annual project median was 35.4% higher in 2026 than in 2018; unit mix can affect year-to-year comparisons.

Recent 138 Jln Bt Merah transactions

DateFlat type / storeyPricePSFSize
1 May 20263 Room · 01 To 03S$400,000S$630 psf635 sqft
1 April 20253 Room · 07 To 09S$398,000S$627 psf635 sqft
1 October 20243 Room · 07 To 09S$375,000S$591 psf635 sqft
1 March 20245 Room · 04 To 06S$720,000S$567 psf1,270 sqft
1 December 20223 Room · 01 To 03S$330,000S$520 psf635 sqft

138 Jln Bt Merah median transaction PSF (S$)

138 Jln Bt Merah median transaction PSF (S$)02004006008002018 · Median PSF: 46520182019 · Median PSF: 43420192020 · Median PSF: 41520202021 · Median PSF: 44420212022 · Median PSF: 51720222024 · Median PSF: 57920242025 · Median PSF: 62720252026 · Median PSF: 6302026

138 Jln Bt Merah annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$400,000S$630 psf1
2025S$398,000S$627 psf1
2024S$547,500S$579 psf2
2022S$328,000S$517 psf3
2021S$302,500S$444 psf2
2020S$263,500S$415 psf2
2019S$295,000S$434 psf2
2018S$340,000S$465 psf1
62.0%
% Profitable
60
Profitable
35
Unprofitable

138 Jln Bt Merah annualized profit %

138 Jln Bt Merah annualized profit %-5.0%0.0%5.0%10.0%2018 · Average Annualized Profit: 5.5%20182019 · Average Annualized Profit: 2.5%20192020 · Average Annualized Profit: -3.9%20202021 · Average Annualized Profit: -2.2%20212022 · Average Annualized Profit: 7.6%20222024 · Average Annualized Profit: 7.7%20242025 · Average Annualized Profit: 6.1%20252026 · Average Annualized Profit: 5.8%2026
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Frequently asked questions about 138 Jln Bt Merah

How much do units at 138 Jln Bt Merah cost?

The latest 12 recorded sales show a median price of S$324,944 and a median of S$512 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 138 Jln Bt Merah freehold or leasehold?

138 Jln Bt Merah has a tenure of 99-year lease.

When was 138 Jln Bt Merah completed?

138 Jln Bt Merah was completed in 1975 and the project has 88 units.

Which MRT or LRT station is nearest to 138 Jln Bt Merah?

Tiong Bahru is the nearest station shown, at an estimated straight-line distance of 821 metres.

Which primary schools are near 138 Jln Bt Merah?

The primary schools shown within the page’s one-kilometre search are Chij (Kellock) (449 m), Radin Mas Primary School (452 m), and Zhangde Primary School (651 m). Distances are estimates and do not determine school-admission eligibility.

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 May 2026. Figures are indicative and do not constitute financial advice.

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