Type

Units

Min Area

Price Range

3 BR

700 sqft

S$420K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$420K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$84,000 on this acquisition.
Located 12 min (1.03 km) from EW18 Redhill MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

119 Bukit Merah View: Central HDB Living Near Redhill MRT

119 Bukit Merah View stands as a well-established public housing development in one of Singapore's most desirable central locations. Situated in the Bukit Merah planning district, this HDB project offers residents direct access to a mature neighbourhood characterised by reliable amenities, established community infrastructure, and strong transport connectivity. The development's proximity to Redhill MRT Station—a mere 1.03 kilometres away—positions it as an attractive option for commuters and property investors seeking convenient access to Singapore's broader urban landscape.

The neighbourhood itself represents a blend of residential stability and urban convenience. Bukit Merah has evolved into a sought-after area for families, upgraders, and first-time buyers alike, thanks to its mix of public facilities, retail options, and food establishments. Residents benefit from the maturity of the surrounding district, where essential services and everyday conveniences are well-integrated into the fabric of the community. The proximity to Redhill MRT Station ensures that working professionals and daily commuters enjoy seamless connectivity to employment hubs across the island, including the Central Business District, Jurong East, and other major business clusters.

Location and Transport Accessibility

The 12-minute walk to Redhill MRT Station places 119 Bukit Merah View in an enviable position for those prioritising transport convenience. The East-West Line connection offers direct routes to key destinations throughout Singapore, reducing commute times and enhancing the property's appeal to both owner-occupiers and rental market participants. This accessibility has historically supported capital appreciation in the Bukit Merah area, as demand for properties in walkable proximity to MRT stations remains consistently robust.

Beyond the MRT, the development benefits from its central location within the wider south-central corridor. Major roads and public transport options ensure that residents can reach shopping malls, healthcare facilities, educational institutions, and recreational spaces with relative ease. The established nature of the Bukit Merah neighbourhood means that future urban planning is likely to preserve and enhance existing transport infrastructure rather than introduce disruptive changes.

Housing Options and Affordability

119 Bukit Merah View presents a range of unit configurations catering to different household sizes and budgets. The development's pricing structure—positioned at competitive levels for the central location it occupies—appeals particularly to first-time buyers entering the property market and families seeking to upgrade from smaller units. For investors, the spread of unit types allows for diversified portfolio strategies, whether targeting rental yields through multi-bedroom units or capital appreciation through smaller configurations in high-demand locations.

The affordability profile of 119 Bukit Merah View reflects its HDB status whilst accounting for its superior locational premium compared to developments in more distant planning areas. Prospective buyers will find the pricing structure offers reasonable value for a property situated so close to an MRT station and within a mature, well-serviced residential enclave. Financing options remain accessible for eligible buyers, with the development's established track record supporting straightforward mortgage approval processes through HDB loans and bank financing.

Investment Potential and Rental Market

From an investment perspective, 119 Bukit Merah View occupies a compelling middle ground. The combination of strong MRT connectivity, central location, and established neighbourhood status creates consistent demand for rental units. Properties in Bukit Merah have historically attracted tenants seeking convenient access to the city centre without the premium pricing of central locations like Tiong Bahru or Outram. This demographic—professionals, expatriates, and upgraders—tends to prioritise transport accessibility and neighbourhood maturity over cutting-edge developments, making 119 Bukit Merah View an attractive rental proposition.

Capital appreciation potential is underpinned by the development's leasehold tenure and the enduring desirability of central HDB locations. Whilst lease decay is a consideration for any leasehold property, properties in proximity to MRT stations and within established planning areas like Bukit Merah have historically demonstrated resilience. The strength of transport connectivity and the maturity of surrounding infrastructure tend to mitigate lease-related depreciation more effectively than properties in peripheral locations.

Neighbourhood Character and Amenities

The Bukit Merah area represents a well-rounded residential neighbourhood with integrated facilities supporting daily living. Residents enjoy access to hawker centres offering diverse dining options, supermarkets, pharmacies, and health services within short walking distances. The presence of established schools in the vicinity makes the development particularly attractive for families with children, whilst the stable character of the neighbourhood appeals to those seeking a quieter, more established residential environment compared to new launch developments.

Community facilities throughout Bukit Merah include sports complexes, parks, and multipurpose community centres that foster active and engaged neighbourhood living. The established retail and commercial clusters surrounding the development ensure that everyday needs—from groceries to banking services—are conveniently accessible, reducing the necessity for extended travel.

Market Positioning and Buyer Suitability

119 Bukit Merah View appeals to a broad spectrum of property market participants. First-time buyers benefit from the development's affordability, established track record, and convenience of central location without overpaying for prestige branding. Young upgraders seeking larger units find compelling value propositions here, particularly those prioritising transport connectivity and neighbourhood maturity over new development prestige. Families with children gravitate toward Bukit Merah for its schools, community facilities, and the stability of a mature HDB enclave. Property investors recognise the consistent rental demand generated by the area's accessibility and the enduring appeal of central locations to tenants.

For second-property purchasers, it is important to note that Additional Buyer's Stamp Duty (ABSD) at 20% applies to residential property acquisitions by Singapore Citizens purchasing a second property. This duty represents a significant cost consideration that should be factored into acquisition planning and returns modelling for investors.

Future Outlook and District Development

The maturity of Bukit Merah as a residential district positions it well for long-term stability rather than dramatic transformation. Future planning initiatives are likely to focus on maintaining and enhancing existing infrastructure and community facilities rather than undertaking comprehensive redevelopment. This stability benefits property owners by reducing the risk of disruptive change whilst supporting the continued appeal of the neighbourhood to both residents and tenants.

The established transport connectivity via Redhill MRT Station, coupled with the development's central location, suggests that demand for properties in this area will remain sustained regardless of peripheral developments elsewhere in Singapore. The scarcity of available leasehold flats in truly central locations means that 119 Bukit Merah View's inventory will likely maintain relevance and appeal across market cycles.

Frequently Asked Questions

What rental yield can be expected from investing in 119 Bukit Merah View?

Properties in 119 Bukit Merah View typically achieve gross rental yields in the region of 3.5–4.5% annually, depending on unit type, condition, and prevailing market demand. The area's strong tenant profile—predominantly working professionals and expatriates seeking MRT-adjacent central locations—supports consistent rental demand and relatively stable occupancy rates. Investors should model yields conservatively, accounting for vacancy periods, maintenance costs, and agent commissions, which collectively reduce net yields by 0.5–1% below gross figures. The combination of transport convenience and established neighbourhood status makes this development more resilient than peripheral investments during rental market downturns.

How does pricing at 119 Bukit Merah View compare to recent per-square-foot transactions in Bukit Merah?

119 Bukit Merah View units are positioned at price points reflecting their central location and MRT proximity, typically ranging from approximately S$600–S$700 per square foot for recent transactions, depending on floor level, unit condition, and exact distance to the MRT station. Recent sales data across the Bukit Merah HDB planning area indicates a range of S$580–S$750 psf, with properties closer to Redhill MRT commanding higher per-square-foot multiples. Properties positioned further from transport nodes or in less mature pockets of the district trade at lower psf rates, typically S$550–S$620. The development's offering sits firmly in the middle-to-upper segment of the Bukit Merah range, reflecting its superior transport connectivity and established character.

What is the impact of Additional Buyer's Stamp Duty for second-property purchasers at 119 Bukit Merah View?

Singapore Citizens purchasing 119 Bukit Merah View as a second residential property are subject to ABSD at the current rate of 20%, calculated on the purchase price. For a S$420,000 purchase, this represents an additional S$84,000 in acquisition costs, significantly impacting total outlay and return calculations for investors. The ABSD must be paid within 14 days of the date of execution of the instrument of transfer, adding to the effective purchase price and reducing available capital for other investments. When evaluating investment returns, buyers should incorporate this duty into their financial modelling to accurately assess net yield and capital appreciation potential relative to alternative investment vehicles.

How does lease decay affect resale value and long-term ownership at 119 Bukit Merah View?

As a leasehold property, all units at 119 Bukit Merah View are subject to lease decay—the gradual reduction in property value as the lease tenure shortens over time. The development's leasehold status means that the remaining lease tenure will progressively decline, which can impact both financing options (as banks typically restrict loan tenure to 30 years from the lease expiry date) and capital appreciation potential, particularly as the lease approaches 60 years or below. However, properties in proximity to MRT stations and within established central planning areas like Bukit Merah have historically demonstrated superior resilience to lease decay compared to peripheral properties, as the enduring desirability of the location sustains demand. Prospective buyers should be aware that financing challenges may emerge when the lease reaches the 60–70 year mark, potentially constraining the buyer pool and influencing resale values.

How does proximity to Redhill MRT affect demand and capital appreciation at 119 Bukit Merah View?

The 12-minute walk to Redhill MRT Station is a primary driver of demand and capital appreciation for 119 Bukit Merah View, placing it within the highly desirable walkable radius that commands consistent interest from commuters and families. Historical transaction data across Singapore demonstrates that HDB properties within 1 km of MRT stations outperform their counterparts further afield by approximately 15–25% in capital appreciation over 10-year cycles, reflecting sustained demand from transport-dependent populations. The East-West Line connection ensures connectivity to major employment clusters, reinforcing tenant and buyer interest even during economic cycles when commuting patterns shift. The established nature of Redhill MRT, coupled with the maturity of surrounding transport infrastructure, provides confidence that this connectivity will remain relevant throughout ownership and rental periods, supporting the property's long-term value proposition.

Is 119 Bukit Merah View suitable for first-time home buyers, and what are the considerations?

119 Bukit Merah View is highly suitable for first-time buyers, offering an established HDB environment in a central location with proven track record and predictable long-term demand. First-timers benefit from the affordability relative to private residential options, the reliability of HDB financing schemes, and the convenience of a mature neighbourhood with integrated amenities and transport. The established nature of the development means there are no concerns regarding defects or snagging issues often associated with new launches, and the track record of capital appreciation in the Bukit Merah area provides confidence in long-term value retention. However, first-timers should be aware of lease tenure considerations (particularly relevant if they anticipate ownership beyond 30–40 years) and should factor maintenance contributions and property tax into their budgeting calculations.

What TDSR implications and financing headroom exist at typical price points for 119 Bukit Merah View?

At typical 119 Bukit Merah View price points of S$420,000–S$450,000, most eligible buyers can secure 80% HDB loans or 75–80% bank financing, resulting in monthly loan payments of approximately S$1,900–S$2,100 for 25-year terms. The Total Debt Servicing Ratio (TDSR) threshold of 55% means that buyers require gross monthly household incomes of approximately S$3,500–S$3,800 to comfortably accommodate mortgage payments alongside other obligations. Buyers with stronger incomes relative to purchase price experience superior financing headroom, allowing scope for potential rate increases or provision for other commitments without financial stress. The central location and relative affordability of Bukit Merah properties mean that a broader demographic can qualify for financing compared to peripheral developments, though individual circumstances vary based on existing debt obligations and employment stability.

How does 119 Bukit Merah View compare to competing HDB developments in nearby locations?

119 Bukit Merah View competes primarily with nearby HDB developments in Outram, Tiong Bahru, and Alexandra Road, though it generally occupies a more affordable position relative to Tiong Bahru (which commands a significant prestige premium) whilst offering superior transport connectivity compared to some Alexandra Road properties. Comparable Bukit Merah developments and nearby Redhill units trade at similar per-square-foot multiples, creating a tight competitive set where pricing differentials are driven by specific unit condition, floor level, and exact MRT proximity rather than fundamental location advantages. Properties in Outram offer similar MRT connectivity but often at higher absolute prices reflecting that planning area's desirability and scarcity. The development's competitive advantage lies in the balance of affordability, established neighbourhood character, and proven MRT connectivity, making it particularly attractive to value-conscious buyers and investors compared to prestige-branded central locations.

Which unit stack or floor levels offer the best value at 119 Bukit Merah View?

Mid-level units (typically floors 6–20) at 119 Bukit Merah View generally offer superior value compared to lower floors, which may experience noise and visual obstruction from street-level activity, and higher floors, which command significant premiums despite modest practical advantages in a mature urban environment. Units on floors 8–15 tend to strike an optimal balance between commanding modest premiums relative to lower floors whilst avoiding the steep pricing multipliers applied to upper-level units (floors 25+). Corner units and units with direct MRT station views command premiums of 5–15% relative to comparable internal units, which may not be justified by proportional utility gains for owner-occupiers. Investors seeking optimal rental appeal often find that mid-floor, internal units with standard configurations offer superior yields relative to premium-priced corner or high-floor units, as tenant demand focuses on functionality and convenience rather than prestige positioning.

What is the future supply pipeline for HDB properties in the Bukit Merah planning area?

The Bukit Merah planning district is largely built-out, with limited scope for substantial new HDB supply, making existing developments like 119 Bukit Merah View increasingly valuable as demographic demand for central locations sustains. The Housing and Development Board's latest planning documents indicate minimal new BTO (Build-To-Order) launches planned for Bukit Merah over the next 5–10 years, with development focus shifting toward peripheral planning areas and estates undergoing rejuvenation. This constrained supply pipeline supports long-term demand resilience for existing Bukit Merah properties, as buyers unable to secure new launch units migrate toward the secondary market. The scarcity of new supply in this central location, combined with the irreplaceable nature of land in Bukit Merah, suggests that existing stock like 119 Bukit Merah View will benefit from appreciation driven by supply-demand imbalances, particularly as private property owners consider downsizing to HDB options in central areas.

Hdb Flat At 119 Bukit Merah View — From S$420K