How Much Is a Flat at Block 132 Jln Bt Merah Worth?

3 Room · Built 1975 · 48 years 08 months remaining MOP Cleared

Latest Sale

$300,000

2025-09 · 3 Room

Median $/sqm

$5,441

Based on 19 txns

Total Txns

19

Since data available

5-Yr Trend

▲29.5%

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

3.1 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 48 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 48 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 19 total

Date Floor Type sqm Price $/sqm
2025-09 04 TO 06 3 Room 59 $300,000 $5,085
2025-05 04 TO 06 3 Room 59 $345,000 $5,847
2024-11 01 TO 03 3 Room 59 $373,000 $6,322
2024-09 07 TO 09 3 Room 59 $335,000 $5,678
2024-05 01 TO 03 3 Room 59 $340,000 $5,763
2024-03 04 TO 06 3 Room 59 $325,000 $5,508
2024-03 07 TO 09 3 Room 70 $408,000 $5,829
2024-03 01 TO 03 3 Room 70 $380,888 $5,441
2023-04 07 TO 09 3 Room 59 $360,000 $6,102
2022-11 07 TO 09 3 Room 59 $358,888 $6,083
2022-01 07 TO 09 3 Room 59 $308,000 $5,220
2021-11 07 TO 09 3 Room 59 $290,000 $4,915
2021-10 07 TO 09 3 Room 70 $338,888 $4,841
2020-07 01 TO 03 3 Room 59 $243,000 $4,119
2020-06 04 TO 06 3 Room 59 $245,000 $4,153
2019-04 07 TO 09 3 Room 59 $265,000 $4,492
2018-04 07 TO 09 3 Room 59 $268,000 $4,542
2017-10 04 TO 06 3 Room 59 $260,000 $4,407
2017-08 04 TO 06 3 Room 59 $343,000 $5,814
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About Block 132 Jln Bt Merah

Block 132 at Jln Bt Merah is a residential HDB block in Bukit Merah, Singapore, built in 1975 with approximately 48 years remaining on its 99-year lease. The block contains 3 Room flats. The most recent transaction was a 3 Room flat (storeys 04–06) that sold for $300,000 in Sep 2025. The current median price per square metre is $5,441. Over the past five years, resale prices have risen by approximately 29.5%.

With 48 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 132 Jln Bt Merah?

Based on 19 recorded transactions, the median resale price is $340,000. The most recent sale was $300,000 in 2025-09.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $340,000

What is my flat worth at Block 132?

The overall median resale price at Block 132 Jln Bt Merah is $340,000. Prices have risen 29.5% over the past 5 years.

How active is the resale market at Block 132?

Block 132 has recorded 19 resale transactions — roughly 0.8 sales per month over the past 24 months. The latest transaction closed in 2025-09.

What flat types are available at Block 132?

Block 132 Jln Bt Merah has 3 Room units.

How much can I unlock to upgrade if I sell my HDB at Block 132?

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 132?

Block 132 was built in 1975 with a 99-year lease. It has approximately 48 years 08 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 $340,000 $7,380 to $8,880