District 03 · Bukit Merah · RCR
Alessandrea
Alexandra Road · Apartment · Freehold
Current PSF
$1,992
-9.4% vs district median
Gross yield
2.7%
median rent $4,790/mo
3-year gain
21.1%
Transactions · 5y
17
3 in last 12 months
Nearest MRT
Redhill Mrt Station · 662.425m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+153% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential35 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
The neighbourhood
P1 ring
Alexandra Primary School 224m · Phase 2C 1.1× balloted · Zhangde Primary School 790m · Phase 2C 0.9× · Gan Eng Seng Primary School 953m · Phase 2C 0.1× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Queenstown Secondary School · 1.1km
Food
Redhill Lane Blk 79 (Redhill Market) · 556m - 7 hawker centres within 1km
Green
Tiong Bahru Pk · 331m
Mall
Valley Point Shopping Centre · 558m
Health
Singhealth Polyclinics (Bukit Merah Polyclinic) (polyclinic) · 972m
Who lives in Bukit Merah
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
151,250
Median age
46 yrs
41% under 40 · getting older
Children 0–9
12,440
▼ 15% since 2015 · future P1 demand
Household size
2.7 avg
Homes
89% HDB
9% condo · 0% landed
Degree holders
32%
residents 15+
Commute
63% transit
17% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,922 psf - 7% above units on floors 1–5 ($1,802 psf).
Price trend average PSF by year
2021
$1,550
2022
$1,624
+4.8%
2023
$1,647
+1.4%
2024
$1,885
+14.5%
2025
$1,931
+2.4%
2026
$1,995
+3.3%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $4,600/mo | $4.38 | 2.6% | 110 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| May 2026 | $2,200,000 | 1,098 | $2,004 | 01-05 |
| May 2026 | $2,180,000 | 1,098 | $1,986 | 16-20 |
| Aug 2025 | $2,180,000 | 1,098 | $1,986 | 11-15 |
| Apr 2025 | $2,250,000 | 1,249 | $1,802 | 01-05 |
| Mar 2025 | $2,200,000 | 1,098 | $2,004 | 06-10 |
| Dec 2024 | $2,150,000 | 1,001 | $2,148 | 06-10 |
| May 2024 | $2,040,000 | 1,098 | $1,858 | 11-15 |
| Apr 2024 | $1,980,000 | 1,098 | $1,803 | 16-20 |
| Mar 2024 | $1,900,000 | 1,098 | $1,731 | 06-10 |
| Nov 2023 | $1,800,000 | 1,001 | $1,798 | 01-05 |
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More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around Alessandrea actually sell for - this project trades at 3.9× the nearest block’s PSF.