District 03 · Bukit Merah · RCR
Echelon
Alexandra View · Condominium · 99 yrs lease commencing from 2012 · 508 units
Current PSF
$2,148
+0.0% vs district median
Gross yield
3.7%
median rent $5,200/mo
3-year gain
3.2%
Transactions · 5y
141
24 in last 12 months
Nearest MRT
Redhill Mrt Station · 168.831m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+173% premium
HDB median $786 psf
Area income
$8,500/mo median
residential zone
En-bloc potential18 / 100
9 years old · 508 units · 12% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$1,881
2022
$1,988
+5.7%
2023
$2,132
+7.2%
2024
$2,184
+2.4%
2025
$2,127
-2.6%
2026
$2,201
+3.5%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,500/mo | $7.78 | 4.3% | 148 |
| 2BR | $4,800/mo | $6.40 | 3.6% | 250 |
| 3BR | $6,300/mo | $6.00 | 3.4% | 299 |
| 4BR | $8,300/mo | $5.35 | 3.0% | 23 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $1,985,000 | 861 | $2,305 | 36-40 |
| Feb 2026 | $1,822,000 | 861 | $2,116 | 01-05 |
| Feb 2026 | $1,620,000 | 732 | $2,213 | 21-25 |
| Jan 2026 | $3,380,000 | 1,572 | $2,151 | 31-35 |
| Jan 2026 | $1,622,000 | 732 | $2,216 | 01-05 |
| Jan 2026 | $1,616,000 | 732 | $2,208 | 06-10 |
| Dec 2025 | $1,533,000 | 732 | $2,094 | 01-05 |
| Nov 2025 | $1,650,000 | 732 | $2,254 | 31-35 |
| Nov 2025 | $948,000 | 452 | $2,097 | 16-20 |
| Nov 2025 | $915,000 | 452 | $2,024 | 06-10 |
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