District 03 · Bukit Merah · RCR
Echelon
Alexandra View · Condominium · 99 yrs lease commencing from 2012
Current PSF
$2,212
+0.6% vs district median
Gross yield
3.6%
median rent $5,250/mo
3-year gain
5.1%
Transactions · 5y
139
26 in last 12 months
Nearest MRT
Redhill Mrt Station · 168.831m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+180% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential26 / 100
14 years old · composite of plot use, age, tenure, value gap & size
Lease decay85 years left
worth 92.9%of freehold today (Bala’s Table) · loses ~4.4pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+2.6%
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
Gan Eng Seng Primary School 611m · Phase 2C 0.1× · Alexandra Primary School 734m · Phase 2C 1.1× balloted · Avondale Grammar School (Primary & Middle Years Campus) 802m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Queenstown Secondary School · 612m
Food
Redhill Lane Blk 79 (Redhill Market) · 310m - 4 hawker centres within 1km
Green
Tiong Bahru Pk · 735m
Mall
Valley Point Shopping Centre · 1.0km
Health
Singhealth Polyclinics (Bukit Merah Polyclinic) (polyclinic) · 769m
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 $2,230 psf - 10% above units on floors 1–5 ($2,033 psf).
Price trend average PSF by year
2021
$1,882
2022
$1,988
+5.6%
2023
$2,132
+7.2%
2024
$2,184
+2.4%
2025
$2,127
-2.6%
2026
$2,240
+5.3%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,500/mo | $7.78 | 4.2% | 153 |
| 2BR | $4,800/mo | $6.40 | 3.5% | 261 |
| 3BR | $6,300/mo | $6.00 | 3.3% | 314 |
| 4BR | $8,300/mo | $5.35 | 2.9% | 24 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $2,225,000 | 1,001 | $2,223 | 21-25 |
| Jun 2026 | $3,020,000 | 1,475 | $2,048 | 11-15 |
| Jun 2026 | $1,700,000 | 732 | $2,323 | 21-25 |
| Jun 2026 | $1,645,000 | 732 | $2,247 | 16-20 |
| Jun 2026 | $1,065,000 | 452 | $2,356 | 36-40 |
| May 2026 | $2,183,888 | 1,001 | $2,182 | 36-40 |
| May 2026 | $2,138,888 | 861 | $2,484 | 36-40 |
| May 2026 | $1,080,000 | 452 | $2,389 | 41-45 |
| Apr 2026 | $2,950,000 | 1,475 | $2,000 | 06-10 |
| Apr 2026 | $1,740,000 | 732 | $2,377 | 16-20 |
HomeRadar AIlive
Ask anything about ECHELON
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around Echelon actually sell for - this project trades at 2.4× the nearest block’s PSF.