How Much Is a Flat at Block 124B Bt Merah View Worth?

4 Room, 5 Room · Built 1996 · 69 years 06 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$903,000

2026-04 · 4 Room

Median $/sqm

$6,691

Based on 11 txns

Total Txns

11

Since data available

5-Yr Trend

▼8.4%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

1.9 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Watch
0 yrs 69 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 69 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 11 total

Date Floor Type sqm Price $/sqm
2026-04 16 TO 18 4 Room 107 $903,000 $8,439
2023-10 07 TO 09 5 Room 133 $1,090,000 $8,195
2023-08 01 TO 03 4 Room 108 $750,000 $6,944
2022-08 04 TO 06 4 Room 109 $770,000 $7,064
2022-04 01 TO 03 4 Room 109 $680,888 $6,247
2021-11 07 TO 09 4 Room 107 $715,000 $6,682
2021-01 01 TO 03 5 Room 132 $860,000 $6,515
2020-08 10 TO 12 4 Room 107 $703,888 $6,578
2019-11 16 TO 18 4 Room 107 $715,888 $6,691
2019-07 07 TO 09 5 Room 133 $890,000 $6,692
2019-01 07 TO 09 5 Room 132 $830,000 $6,288
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About Block 124B Bt Merah View

Flats at Block 124B Bt Merah View have been selling at a median of $8,439/sqm, mainly 4-room flats at $903,000 median, with 1 transaction recorded.

The block is a 14-minute walk from Tiong Bahru MRT Station (1101m) and is near Tiong Bahru Plaza mall (1176m, 15 min walk). It is also near Zhangde Primary School (1158m, 14 min walk), Alexandra Primary School (1084m, 14 min walk), and Gan Eng Seng Primary School (1375m, 17 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 124B Bt Merah View?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

TIONG BAHRU MRT STATION 1101m · 14 min
REDHILL MRT STATION 1221m · 15 min

Nearby Schools

ZHANGDE PRIMARY SCHOOL 1158m · 14 min
ALEXANDRA PRIMARY SCHOOL 1084m · 14 min

Hawker Centres

Bukit Merah View Blk 115 (Blk 115 Bukit Merah View Market and Food Centre) 363m · 5 min
Redhill Lane Blk 85 (Redhill Food Centre) 1125m · 14 min
Redhill Lane Blk 79 (Redhill Market) 1171m · 15 min

Shopping Malls

Tiong Bahru Plaza 1176m · 15 min

Parks

TIONG BAHRU PK 741m · 9 min

Community Facilities

Henderson CC 340m · 5 min

Other Blocks on Bt Merah View

Frequently Asked Questions

How much is a flat at Block 124B Bt Merah View?

Based on 11 recorded transactions, the median resale price ranges from $715,888 (4 Room) to $875,000 (5 Room). The most recent sale was $903,000 in 2026-04.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $903,000
5 Room $875,000 (all-time)

What is my flat worth at Block 124B?

The overall median resale price at Block 124B Bt Merah View is $903,000. Prices have fallen 8.4% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 124B?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 124B prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 124B?

Block 124B has recorded 11 resale transactions — roughly 0.5 sales per month over the past 24 months. The latest transaction closed in 2026-04.

What flat types are available at Block 124B?

Block 124B Bt Merah View has 4 Room, 5 Room units. Median prices range from $715,888 to $875,000.

How much can I unlock to upgrade if I sell my HDB at Block 124B?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 124B?

Block 124B was built in 1996 with a 99-year lease. It has approximately 69 years 06 months remaining.

Does Block 124B's remaining lease affect its resale value?

At 69 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 124B Bt Merah View?

Flats at Block 124B Bt Merah View have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $903,000 excl. levy $18,640 to $20,140