District 04 · Bukit Merah · RCR
Harbour Suites
Kampong Bahru Road · Apartment · Freehold
Current PSF
$1,573
-7.2% vs district median
Gross yield
4.0%
median rent $3,000/mo
3-year gain
-4.2%
Transactions · 5y
9
1 in last 12 months
Nearest MRT
Harbourfront Mrt Station · 1,057.822m
CCL,NEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+99% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential34 / 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
4%
PSF dispersion within project
The neighbourhood
P1 ring
Chij (Kellock) 317m · Phase 2C 0.5× · Radin Mas Primary School 476m · Phase 2C 2.0× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 1.9km
Food
Telok Blangah Rise Blk 36 (Telok Blangah Rise Market) · 572m - 2 hawker centres within 1km
Green
Mount Faber Park · 510m - 2 parks within 1km
Mall
Concorde Shopping Centre · 2.0km
Health
Outram Community Hospital (hospital) · 1.1km
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
Price trend average PSF by year
2022
$1,617
2023
$1,642
+1.5%
2025
$1,667
+1.5%
2026
$1,573
-5.6%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $2,900/mo | $5.27 | 4.0% | 69 |
| 2BR | $3,200/mo | $4.27 | 3.3% | 52 |
| 3BR | $4,000/mo | $3.81 | 2.9% | 4 |
Recent transactions URA, latest 9
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Apr 2026 | $1,185,000 | 753 | $1,573 | 01-05 |
| Jul 2025 | $700,000 | 420 | $1,667 | 01-05 |
| Aug 2023 | $1,237,500 | 753 | $1,642 | 06-10 |
| Aug 2023 | $770,000 | 420 | $1,834 | 06-10 |
| Jul 2023 | $999,000 | 603 | $1,657 | 06-10 |
| Mar 2023 | $1,580,000 | 1,098 | $1,439 | 11-15 |
| Feb 2023 | $988,000 | 603 | $1,639 | 01-05 |
| Nov 2022 | $885,000 | 527 | $1,678 | 01-05 |
| Sept 2022 | $820,000 | 527 | $1,555 | 11-15 |
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More in District 04
The HDB blocks next door
The entry point, measured: what the resale flats around Harbour Suites actually sell for - this project trades at 2.5× the nearest block’s PSF.