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District 03 · Bukit Merah · RCR

Zyon Grand

Kim Seng Road · Apartment · 99 yrs lease commencing from 2024

Current PSF
$3,056
+39.0% vs district median
Gross yield
-
3-year gain
0.0%
Transactions · 5y
635
635 in last 12 months
Nearest MRT
Havelock Mrt Station · 214.561m
TEL
Future MRT
King Albert Park Mrt Station
CRL · 2032
Vs local HDB
+287% premium
HDB median $789 psf
Area income
$8,500/mo median
mixed zone
En-bloc potential20 / 100
2 years old · composite of plot use, age, tenure, value gap & size
Lease decay97 years left
worth 95.8%of freehold today (Bala’s Table) · loses ~2.2pts of freehold value over the next decade
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
3D →
Kim Seng Road, District 03 · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
P1 ring
River Valley Primary School 478m · Phase 2C 1.0× · Afterschool @ River Valley Primary School 478m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 592m
Food
Zion Riverside Food Centre · 338m - 5 hawker centres within 1km
Green
Ganges Ave Os · 203m - 3 parks within 1km
Mall
Concorde Shopping Centre · 196m
Health
Singapore General Hospital (hospital) · 1.2km

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

TE16 Havelock MRT construction site 20201101 180205zhenkang · CC BY-SA 4.0
TE15 Great World MRT construction gate 20201101 155502Zhenkang · CC BY-SA 4.0

The launch, by the record

developer sales + new-sale caveats · URA - the numbers a brochure won’t print

Sold to date
634 / 706
90% taken up · 26 '06
Median price
$3k
$3k$3k band
Unit sizes sold
818 sqft
4742659 sqft range
Still available
72
units unsold
Take-up over time · cumulative units sold
706025 '1025 '1226 '0226 '0426 '06
What actually sold · by strata size (sqft)
474839
310
8391204
217
12041569
80
15691934
7
19342299
0
22992659
1

Strata areas here follow the post-June-2023 GFA harmonisation (AC ledges, void spaces excluded), so this project’s PSF runs a few percent “higher” against older stock measured the old way. A like-for-like PSF comparison to pre-2023 resales isn’t apples-to-apples.

What the record shows

The early buyer’s position

Buyers who bought from the developer in 2025 paid an average of $3,049 psf (588 sales). At today’s $3,056 psf, they are up 0% on paper.

The floor premium

Over the last 3 years, units on the 10th floor and above transacted at a median $3,108 psf - 13% above units on floors 1–5 ($2,761 psf).

Price trend average PSF by year

2025
$3,049
2026
$3,284
+7.7%

Recent transactions URA, latest 10

DatePriceArea (sqft)PSFFloor
Jul 2026$2,338,000721$3,24241-45
Jun 2026$5,489,0001,615$3,40046-50
Jun 2026$4,708,0001,421$3,31441-45
Jun 2026$2,807,000818$3,43156-60
Jun 2026$2,795,000818$3,41756-60
Jun 2026$1,511,000474$3,19051-55
May 2026$2,752,000818$3,36451-55
May 2026$2,746,000818$3,35751-55
Apr 2026$2,770,000818$3,38651-55
Apr 2026$2,758,000818$3,37151-55
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Grounded in this project’s data - yield, en-bloc, lease, nearby condos.

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More in District 03

The HDB blocks next door

The entry point, measured: what the resale flats around Zyon Grand actually sell for - this project trades at 3.9× the nearest block’s PSF.

Data: URA private residential transactions & rentals (5-year window, updated weekly), data.gov.sg, OneMap, LTA DataMall. PSF and yield figures are computed from actual transactions and rental contracts - not estimates.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.