District 03 · Bukit Merah · RCR
Alex Residences
Alexandra View · Apartment · 99 yrs lease commencing from 2013 · 429 units
Current PSF
$2,256
+5.0% vs district median
Gross yield
3.7%
median rent $4,500/mo
3-year gain
13.6%
Transactions · 5y
108
23 in last 12 months
Nearest MRT
Redhill Mrt Station · 276.364m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+187% premium
HDB median $786 psf
Area income
$8,500/mo median
residential zone
En-bloc potential16 / 100
7 years old · 429 units · 6% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$1,908
2022
$1,979
+3.7%
2023
$2,079
+5.1%
2024
$2,152
+3.5%
2025
$2,239
+4%
2026
$2,362
+5.5%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,500/mo | $7.78 | 4.1% | 200 |
| 2BR | $4,500/mo | $6.92 | 3.7% | 214 |
| 3BR | $6,000/mo | $6.32 | 3.4% | 248 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Mar 2026 | $1,580,000 | 678 | $2,330 | 26-30 |
| Feb 2026 | $2,480,000 | 1,023 | $2,425 | 26-30 |
| Feb 2026 | $1,500,000 | 657 | $2,285 | 26-30 |
| Jan 2026 | $2,515,888 | 1,044 | $2,410 | 31-35 |
| Dec 2025 | $2,380,000 | 1,044 | $2,279 | 16-20 |
| Nov 2025 | $1,930,000 | 926 | $2,085 | 01-05 |
| Nov 2025 | $1,600,000 | 678 | $2,359 | 31-35 |
| Nov 2025 | $1,570,000 | 678 | $2,315 | 21-25 |
| Oct 2025 | $2,350,000 | 1,044 | $2,251 | 06-10 |
| Oct 2025 | $2,260,000 | 1,023 | $2,210 | 21-25 |
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