District 03 · Bukit Merah · RCR
Residential Apartments
Yong Siak Street · Apartment · 9999 yrs lease commencing from 1963
Current PSF
$1,647
-25.1% vs district median
Gross yield
-
3-year gain
-3.9%
Transactions · 5y
276
54 in last 12 months
Nearest MRT
Tiong Bahru Mrt Station · 544.942m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+109% premium
HDB median $789 psf
Area income
$8,500/mo median
mixed zone
En-bloc potential68 / 100
63 years old · 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
2.8%
flip ratio, last 24 months
Price spread
38%
PSF dispersion within project
The neighbourhood
P1 ring
Zhangde Primary School 531m · Phase 2C 0.9× · Chij (Kellock) 837m · Phase 2C 0.5× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 891m
Food
Tiong Bahru Market · 346m - 4 hawker centres within 1km
Green
Kim Pong Park · 160m - 4 parks within 1km
Mall
Concorde Shopping Centre · 849m
Health
Singapore General Hospital (hospital) · 650m
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%
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,253 psf - 56% above units on floors 1–5 ($1,441 psf).
Price trend average PSF by year
2021
$1,357
2022
$1,720
+26.8%
2023
$1,618
-5.9%
2024
$1,649
+1.9%
2025
$1,647
-0.1%
2026
$1,555
-5.6%
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $12,000,000 | 5,436 | $2,208 | 11-15 |
| Jul 2026 | $3,600,000 | 1,846 | $1,950 | 01-05 |
| Jun 2026 | $2,840,000 | 1,389 | $2,045 | 01-05 |
| Jun 2026 | $2,840,000 | 1,367 | $2,078 | 01-05 |
| Jun 2026 | $2,610,000 | 2,380 | $1,097 | 01-05 |
| Jun 2026 | $1,100,000 | 1,948 | $565 | 01-05 |
| Jun 2026 | $1,100,000 | 1,981 | $555 | 01-05 |
| Jun 2026 | $1,000,000 | 1,356 | $737 | 01-05 |
| Jun 2026 | $1,000,000 | 1,378 | $726 | 01-05 |
| May 2026 | $4,320,000 | 2,046 | $2,111 | 01-05 |
HomeRadar AIlive
Ask anything about RESIDENTIAL APARTMENTS
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 Residential Apartments actually sell for - this project trades at 1.6× the nearest block’s PSF.