Blk 111B Depot Rd
Completed 2004 · 25 storeys · 96 flats · 80 years remaining · 22 resale transactions on record · median household income in Bukit Merah: $8,500/mo (lowest quartile island-wide)
25 storeys · completed 2004
What the record shows
A 5-room here sold for $820,000 in Mar 2025. The same flat type in this block averaged $767,667 in 2021 - a gain of $52,333 - about $29 a day while the owner slept.
This block crosses 60 years remaining in 2045 - the line where CPF usage rules begin tightening for buyers. In Bukit Merah over the last two years, flats below that line sold at a median 39% below their younger neighbours' PSF (907 sales).
A 5-room on Depot Rd has already fetched $912,888 - 91% of the way to a million-dollar flat.
Rent check
What flats in this block actually rented for in the last 12 months - official approvals, not listings. If you’re quoted much more, you have a number to negotiate with.
| Type | Block median | Range | Bukit Merah median | Gross yield | Rented |
|---|---|---|---|---|---|
| 4-ROOM | $3,750/mo | $3,700–$3,800 | $3,900/mo | - | 2 |
| 5-ROOM | $4,600/mo | $4,300–$4,800 | $4,200/mo | - | 4 |
Price trend
median PSF by year · ━ this block · ╌ Bukit Merah · gaps = years with no sales here
The height gradient
every sale in 5 years, plotted by starting floor · 12 sales - do higher floors really fetch more here?
Every recent sale HDB official record, latest 22
| Month | Type | Storey | Area (sqm) | Price | PSF | Lease left |
|---|---|---|---|---|---|---|
| Mar 2025 | 5 ROOM | 01 to 03 | 116 | $820,000 | $657 | 80y |
| Dec 2024 | 5 ROOM | 25 to 27 | 116 | $928,000 | $743 | 80y 03m |
| Sept 2024 | 5 ROOM | 16 to 18 | 116 | $905,000 | $725 | 80y 06m |
| Aug 2024 | 5 ROOM | 16 to 18 | 116 | $918,000 | $735 | 80y 07m |
| Jun 2024 | 5 ROOM | 19 to 21 | 116 | $910,000 | $729 | 80y 09m |
| May 2024 | 4 ROOM | 01 to 03 | 100 | $748,000 | $695 | 80y 10m |
| Oct 2023 | 4 ROOM | 19 to 21 | 100 | $773,000 | $718 | 81y 04m |
| Oct 2023 | 5 ROOM | 16 to 18 | 116 | $870,000 | $697 | 81y 04m |
| Oct 2023 | 5 ROOM | 10 to 12 | 116 | $860,000 | $689 | 81y 05m |
| May 2023 | 5 ROOM | 01 to 03 | 116 | $800,000 | $641 | 81y 09m |
| Feb 2022 | 5 ROOM | 04 to 06 | 116 | $768,000 | $615 | 83y |
| Nov 2021 | 5 ROOM | 10 to 12 | 116 | $800,000 | $641 | 83y 04m |
| Feb 2021 | 5 ROOM | 10 to 12 | 116 | $735,000 | $589 | 84y |
| Mar 2019 | 4 ROOM | 07 to 09 | 100 | $540,000 | $502 | 85y 11m |
| Feb 2019 | 5 ROOM | 19 to 21 | 116 | $755,000 | $605 | 86y |
| Dec 2018 | 4 ROOM | 16 to 18 | 100 | $605,000 | $562 | 86y 03m |
| Oct 2018 | 4 ROOM | 07 to 09 | 100 | $585,000 | $543 | 86y 04m |
| May 2018 | 5 ROOM | 10 to 12 | 116 | $675,000 | $541 | 86y 09m |
| Mar 2018 | 4 ROOM | 01 to 03 | 100 | $485,000 | $451 | 87y |
| Jan 2018 | 4 ROOM | 13 to 15 | 100 | $596,000 | $554 | 87y 03m |
| Aug 2017 | 4 ROOM | 07 to 09 | 100 | $560,000 | $520 | 87y 06m |
| Apr 2017 | 4 ROOM | 04 to 06 | 100 | $575,000 | $534 | 87y 10m |
Who lives in Bukit Merah
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood
What sits around this address - distances computed from official OneMap and LTA records.
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Around this block
The nearest blocks by actual distance - street names are postal artifacts, so true neighbours often sit on a different road. Price gaps are median-vs-median on the flat type both blocks actually trade.
5-room median $9k below this block · 4 vs 4 sales
built 2003 · same generation
built 1969 · 35 fewer lease years than this block
built 2016 · 11 more lease years than this block
built 2004 · same generation
5-room median $94k below this block · 4 vs 4 sales
Condos nearby
The private premium, measured: the nearest condo trades at 2.2×this block’s PSF.
Grounded in this block’s own resale record, trend and lease - ask away.