How Much Is a Flat at Block 129 Bt Merah View Worth?

3 Room, 5 Room · Built 1973 · 46 years 02 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$340,000

2026-05 · 3 Room

Median $/sqm

$5,395

Based on 53 txns

Total Txns

53

Since data available

5-Yr Trend

▲20.0%

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)

2 flats ⚡

AVG. DAYS TO OFFER

~90 days

Transaction density proxy

BUYER DEMAND

3.8 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 46 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 46 years of lease left. Buyers already face CPF usage limits and lower loan quantum when purchasing. This means fewer buyers qualify, and those who do will negotiate harder. Selling sooner gives you a larger buyer pool and a stronger sale price.

A specialist agent can target the right buyers and negotiate the best possible outcome for you.

Transaction History 53 total

Date Floor Type sqm Price $/sqm
2026-05 07 TO 09 3 Room 65 $340,000 $5,231
2026-01 13 TO 15 3 Room 65 $430,000 $6,615
2025-11 07 TO 09 3 Room 65 $415,000 $6,385
2025-07 19 TO 21 3 Room 65 $445,000 $6,846
2025-07 04 TO 06 3 Room 65 $405,000 $6,231
2024-12 04 TO 06 3 Room 76 $455,000 $5,987
2024-11 10 TO 12 3 Room 65 $456,000 $7,015
2024-10 04 TO 06 3 Room 76 $425,000 $5,592
2024-10 19 TO 21 3 Room 65 $435,000 $6,692
2024-09 07 TO 09 3 Room 65 $405,000 $6,231
2024-07 13 TO 15 3 Room 65 $413,000 $6,354
2024-05 07 TO 09 3 Room 65 $410,000 $6,308
2024-03 16 TO 18 5 Room 130 $840,000 $6,462
2023-08 07 TO 09 3 Room 65 $430,000 $6,615
2023-03 04 TO 06 3 Room 76 $428,000 $5,632
2022-12 16 TO 18 3 Room 76 $455,000 $5,987
2022-09 04 TO 06 3 Room 65 $345,000 $5,308
2022-08 10 TO 12 3 Room 65 $370,000 $5,692
2022-06 10 TO 12 3 Room 65 $362,000 $5,569
2021-12 13 TO 15 3 Room 76 $438,000 $5,763
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About Block 129 Bt Merah View

Flats at Block 129 Bt Merah View have been selling at a median of $6,615/sqm — up 2.0% over the last 6 months, mainly 3-room flats at $430,000 median, with 1 transaction recorded.

The block is a 14-minute walk from Tiong Bahru MRT Station (1166m) and is near Tiong Bahru Plaza mall (1243m, 15 min walk). It is also near Zhangde Primary School (1140m, 14 min walk), Alexandra Primary School (1320m, 16 min walk), and Gan Eng Seng Primary School (1384m, 17 min walk).

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

What's Near Block 129 Bt Merah View?

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

MRT / LRT

TIONG BAHRU MRT STATION 1166m · 14 min

Nearby Schools

ZHANGDE PRIMARY SCHOOL 1140m · 14 min

Hawker Centres

Bukit Merah View Blk 115 (Blk 115 Bukit Merah View Market and Food Centre) 597m · 8 min
Jalan Bukit Merah Blk 112 (Blk 112 Jalan Bukit Merah Market and Food Centre) 1104m · 14 min

Shopping Malls

Tiong Bahru Plaza 1243m · 15 min

Parks

TIONG BAHRU PK 976m · 12 min

Community Facilities

Henderson CC 579m · 7 min

Other Blocks on Bt Merah View

Frequently Asked Questions

How much is a flat at Block 129 Bt Merah View?

Based on 53 recorded transactions, the median resale price ranges from $370,000 (3 Room) to $840,000 (5 Room). The most recent sale was $340,000 in 2026-05.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $425,000
5 Room $840,000 (all-time)

What is my flat worth at Block 129?

The overall median resale price at Block 129 Bt Merah View is $425,000. Prices have risen 20.0% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 129?

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 129 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 129?

Block 129 has recorded 53 resale transactions — roughly 2.2 sales per month over the past 24 months. The latest transaction closed in 2026-05.

What flat types are available at Block 129?

Block 129 Bt Merah View has 3 Room, 5 Room units. Median prices range from $370,000 to $840,000.

How much can I unlock to upgrade if I sell my HDB at Block 129?

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 129?

Block 129 was built in 1973 with a 99-year lease. It has approximately 46 years 02 months remaining.

Does Block 129's remaining lease affect its resale value?

At 46 years remaining, CPF eligibility is increasingly age-dependent. Many buyers in their 30s and 40s face CPF pro-ration, reducing their effective purchasing power. Shorter bank loan tenures also raise monthly repayments for the same loan amount. Both effects narrow your buyer pool and tend to put downward pressure on price — selling sooner is worth considering.

When can I sell my flat at Block 129 Bt Merah View?

Flats at Block 129 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 $425,000 excl. levy $9,080 to $10,580