A five-room HDB flat at 9A Boon Tiong Road was recently sold for $1.649 million ($1,368 psf), setting a new record high for such flats in Bukit Merah. Located on the 25th to 27th storeys, the 1,206-sq ft flat has a long remaining lease of around 89 years, which could have contributed to its eye-watering price.
The previous high of $1.58 million ($1,311 psf) was set in September 2025 by another five-room flat from the same block. Similar to the subject flat, this flat also measures 1,206 sq ft and has a lease that started in 2016.
Apart from their long remaining leases, both flats’ close proximity to a wide variety of amenities could have contributed to their high prices. The flats are located a short walk from Tiong Bahru MRT Station, Tiong Bahru Plaza, Beo Crescent Market, Havelock Road Cooked Food Centre, Tiong Bahru Market and Food Centre, as well as Tiong Bahru Park (see Map 1). The flats are also a short drive from Orchard Road and the CBD.
Schools within a 1km radius include Alexandra Primary School, Zhangde Primary School, and Gan Eng Seng School.
Source: EdgeProp LandLens
Based on data from HDB, 40 five-room flats in Bukit Merah have been sold so far this year, at prices ranging from $690,000 to $1.649 million. At the time of writing, only two five-room flats in Bukit Merah have fetched more than $1.5 million.
Apart from the subject flat, the second five-room flat in Bukit Merah to have fetched more than $1.5 million this year is located at 96A Henderson Road, which was sold in January for $1.53 million ($1,258 psf). Located on the 34th to 36th storeys, this flat measures 1,216 sq ft and has a remaining lease of approximately 92 years.
The flat along Henderson Road is near Delta Sports Centre and Swimming Complex, Tiong Bahru Park, Redhill Market and Food Centre, Bukit Merah View Market and Hawker Centre, Alexandra Primary School, and Gan Eng Seng School. The flat is also located between Tiong Bahru and Redhill MRT stations (see Map 2).
Source: EdgeProp LandLens
In comparison, 167 five-room flats in Bukit Merah changed hands last year, with prices ranging from $685,000 to $1.58 million. Of the 167 flats, three fetched more than $1.5 million. Notably, all three are located at 9A Boon Tiong Road (see Table 1).
Table 1: Top transactions for five-room flats in Bukit Merah (2025)
Project Name
Date
Room Type
Storey
Area (sqft)
PSF
Price
9A Boon Tiong Road
Sep 2025
5-Room
31 to 33
1,205
$1,311
$1,580,000
9A Boon Tiong Road
Jul 2025
5-Room
19 to 21
1,205
$1,301
$1,568,000
9A Boon Tiong Road
Aug 2025
5-Room
25 to 27
1,205
$1,268
$1,528,000
Source: EdgeProp Buddy (as at 24 March 2026)