A 5 room HDB flat at 9A Boon Tiong Road was just sold for a record high price of $1.65 million ($1,368 psf). The lease of the 112 sqm flat started in 2016, leaving it with a remaining lease of 88 years. The flat is located on the 25th to 27th storey range. This floor area is equivalent to 1,206-sq ft.

The recent transaction surpassed the previous record high for 5 room flats in Bukit Merah. In June 2024, a 5 room at 9B Boon Tiong Road was sold for $1.59 million ($1,317 psf). That flat also measures 1,206 sq ft and is located on the 34th to 36th storeys. Both flats started their lease in 2016. However, the flat at Block 9B has a longer lease of 90 years, as its lease started in 2016.

These two transactions surpassed 2023's record high of $1.46 million ($1,200 psf), which was set by a flat that is located at 95C Henderson Road. That unit was sold in November 2023. The flat measures 1,216 sq ft. It is located on the 31st to 33rd storeys and it has a remaining lease of 94 years.

Three private property transactions were recently recorded nearby, a condominium at Meraprime along Jalan Bukit Ho Swee was sold for $2.83 million, and an apartment at Mill Point along Zion Close was sold for $2.6 million.

You can check all the resale transactions (and more) for 5 room flats in Bukit Merah using our property research tools.

The HDB flat should appeal to parents with school-going children, as they are within walking distance of several schools, including Gan Eng Seng Primary School, Zhangde Primary School, DIMENSIONS Primary School (Orchard Campus), Outram Secondary School, Queenstown Secondary School and CHIJ St Theresa's Convent. Nearby MRT stations include Great World, Havelock and Outram Park. Grocery shopping can be done in places like FairPrice Bukit Ho Swee, Giant Express - Jalan Membina and Sheng Siong Supermarket.