District 03 · Bukit Merah · RCR
The Crest
Prince Charles Crescent · Condominium · 99 yrs lease commencing from 2012
Current PSF
$1,987
-9.6% vs district median
Gross yield
3.3%
median rent $5,050/mo
3-year gain
4.0%
Transactions · 5y
92
26 in last 12 months
Nearest MRT
Redhill Mrt Station · 455.526m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+152% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential30 / 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
-4.6%
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
Alexandra Primary School 594m · Phase 2C 1.1× balloted · Avondale Grammar School (Primary & Middle Years Campus) 688m · Gan Eng Seng Primary School 901m · Phase 2C 0.1× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Queenstown Secondary School · 684m
Food
Redhill Lane Blk 79 (Redhill Market) · 560m - 4 hawker centres within 1km
Green
Tiong Bahru Pk · 752m
Mall
Valley Point Shopping Centre · 851m
Health
Singhealth Polyclinics (Bukit Merah Polyclinic) (polyclinic) · 1.0km
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 $1,972 psf - 0% below units on floors 1–5 ($1,976 psf).
Price trend average PSF by year
2021
$1,901
2022
$1,936
+1.8%
2023
$1,935
-0.1%
2024
$1,919
-0.8%
2025
$1,958
+2%
2026
$2,013
+2.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,900/mo | $6.00 | 3.6% | 86 |
| 2BR | $4,800/mo | $5.65 | 3.4% | 197 |
| 3BR | $6,800/mo | $5.44 | 3.3% | 147 |
| 4BR | $8,500/mo | $5.15 | 3.1% | 52 |
| 5BR | $9,500/mo | $4.87 | 2.9% | 7 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $3,340,000 | 1,647 | $2,028 | 16-20 |
| Jun 2026 | $2,400,000 | 1,259 | $1,906 | 11-15 |
| Jun 2026 | $1,620,000 | 829 | $1,955 | 16-20 |
| May 2026 | $3,618,000 | 1,701 | $2,127 | 01-05 |
| May 2026 | $1,900,000 | 904 | $2,101 | 16-20 |
| Apr 2026 | $2,550,000 | 1,302 | $1,958 | 11-15 |
| Mar 2026 | $3,380,000 | 1,658 | $2,039 | 01-05 |
| Mar 2026 | $2,805,000 | 1,367 | $2,052 | 11-15 |
| Mar 2026 | $1,630,000 | 829 | $1,967 | 21-25 |
| Mar 2026 | $1,585,000 | 797 | $1,990 | 06-10 |
HomeRadar AIlive
Ask anything about THE CREST
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 The Crest actually sell for - this project trades at 3.5× the nearest block’s PSF.