How Much Is a Flat at Block 113 Jln Bt Merah Worth?

3 Room · Built 1969 · 43 years 04 months remaining MOP Cleared

Latest Sale

$350,000

2024-10 · 3 Room

Median $/sqm

$5,000

Based on 17 txns

Total Txns

17

Since data available

5-Yr Trend

▲19.6%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

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)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

2.6 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 43 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 43 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 17 total

Date Floor Type sqm Price $/sqm
2024-10 10 TO 12 3 Room 60 $350,000 $5,833
2024-09 07 TO 09 3 Room 60 $325,000 $5,417
2024-08 04 TO 06 3 Room 60 $342,000 $5,700
2024-04 07 TO 09 3 Room 60 $310,000 $5,167
2024-03 07 TO 09 3 Room 60 $318,000 $5,300
2024-02 07 TO 09 3 Room 71 $350,000 $4,930
2023-06 04 TO 06 3 Room 71 $360,000 $5,070
2022-11 04 TO 06 3 Room 60 $300,000 $5,000
2022-09 04 TO 06 3 Room 60 $320,000 $5,333
2022-06 10 TO 12 3 Room 71 $335,000 $4,718
2021-10 07 TO 09 3 Room 71 $323,000 $4,549
2021-10 01 TO 03 3 Room 60 $265,000 $4,417
2021-07 01 TO 03 3 Room 58 $265,000 $4,569
2019-01 07 TO 09 3 Room 60 $250,000 $4,167
2018-04 04 TO 06 3 Room 60 $270,000 $4,500
2017-12 07 TO 09 3 Room 60 $270,000 $4,500
2017-06 10 TO 12 3 Room 60 $308,000 $5,133
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About Block 113 Jln Bt Merah

Block 113 at Jln Bt Merah is a residential HDB block in Bukit Merah, Singapore, built in 1969 with approximately 42 years remaining on its 99-year lease. The block contains 3 Room flats. The most recent transaction was a 3 Room flat (storeys 10–12) that sold for $350,000 in Oct 2024. The current median price per square metre is $5,000. Over the past five years, resale prices have risen by approximately 19.6%.

With 42 years of lease remaining, buyers may face reduced CPF usage and lower bank loan limits. Selling sooner preserves your buyer pool and sale price.

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

Frequently Asked Questions

How much is a flat at Block 113 Jln Bt Merah?

Based on 17 recorded transactions, the median resale price is $333,500. The most recent sale was $350,000 in 2024-10.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $333,500

What is my flat worth at Block 113?

The overall median resale price at Block 113 Jln Bt Merah is $333,500. Prices have risen 19.6% over the past 5 years.

How active is the resale market at Block 113?

Block 113 has recorded 17 resale transactions — roughly 0.7 sales per month over the past 24 months. The latest transaction closed in 2024-10.

What flat types are available at Block 113?

Block 113 Jln Bt Merah has 3 Room units.

How much can I unlock to upgrade if I sell my HDB at Block 113?

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 113?

Block 113 was built in 1969 with a 99-year lease. It has approximately 43 years 04 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

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
Seller stamp duty None (after MOP)
Total (est.) on $333,500 $7,250 to $8,750