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HDB

115 Bukit Merah Central — From S$4,550

115 Bukit Merah Central

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HDB

115 Bukit Merah Central — From S$4,550

115 Bukit Merah Central
1 Units To Rent
For Rent
Type Units Min Area Price Range
3 BR 1 1259 sqft S$4,550/mo
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$4,550.
  • Located 13 min (1.07 km) from EW18 Redhill MRT Station.

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115 Bukit Merah Central: An Established HDB Development in Singapore's Central South

115 Bukit Merah Central stands as a well-established Housing and Development Board development located in the heart of Bukit Merah, one of Singapore's most sought-after residential districts. The address at 115 Bukit Merah Central places residents within a mature estate characterised by vibrant community life, excellent transport connectivity, and comprehensive infrastructure developed over decades. This development offers spacious residential units designed to accommodate families of varying sizes, with multiple configurations available to suit different living requirements and household compositions.

The development's strategic positioning within the Bukit Merah estate ensures immediate access to established amenities, shopping centres, educational institutions, and recreational facilities. Residents benefit from the calm, established character of the neighbourhood whilst remaining well-connected to Singapore's wider commercial and business districts through efficient public transport links. The mature estate setting means well-developed void decks, community spaces, and parks that encourage interaction amongst residents and provide respite from urban living.

Transport Connectivity and Accessibility

Located approximately 1.07 kilometres from Redhill MRT Station on the East-West Line, 115 Bukit Merah Central enjoys convenient public transport access with a typical journey time of 13 minutes on foot or via short bus connections. The East-West Line, which serves the station, is one of Singapore's busiest and most strategically important transport corridors, connecting residents directly to employment clusters, shopping destinations, and leisure facilities across the western and central regions. This accessibility makes the development particularly attractive for commuters working in the Central Business District, the financial district around Shenton Way, and employment nodes in the west such as Jurong and Changi.

The proximity to Redhill MRT Station significantly enhances the development's appeal and has historically supported strong demand in the secondary market. Properties within easy walking distance of major transport nodes typically command steadier resale values and attract a wider pool of prospective buyers and tenants. For residents without personal vehicles, the combination of the MRT station and comprehensive bus services within the estate ensures that most daily destinations—workplaces, shopping, healthcare, and schools—remain comfortably accessible.

Housing Configuration and Living Spaces

The development comprises units across multiple bedroom configurations, with options ranging from compact two-bedroom layouts to larger three and four-bedroom flats designed to accommodate extended families and multi-generational households. Unit sizes typically range across generous floor areas, allowing for flexible internal arrangements and genuine comfort in daily living. The mature age of the development has seen progressively improved design standards applied across building phases, with many units featuring renovated interiors, updated plumbing systems, and contemporary kitchen layouts.

Residents of 115 Bukit Merah Central can expect practical living spaces with efficient room proportions, adequate storage, and thoughtful planning that maximises usable floor area. The variety of unit types within the development means that upgraders moving from smaller starter flats can find appropriately sized homes, whilst investors seeking rental yields can identify units matching tenant demand profiles. The established nature of the development means maintenance standards are generally consistent, and most units have undergone regular improvements over time.

Community and Estate Amenities

As an established HDB development in a mature estate, 115 Bukit Merah Central benefits from comprehensive on-estate amenities developed to serve the broader Bukit Merah community. Residents enjoy access to well-maintained common areas, void deck spaces suitable for community events, and recreational facilities that foster a strong sense of neighbourhood. The estate is home to multiple childcare centres, primary and secondary schools, and sports facilities that appeal particularly to families with young dependents.

Beyond the immediate estate, the Bukit Merah district offers excellent proximity to major shopping centres, supermarkets, hawker centres, and dining establishments catering to diverse cuisines and budgets. Healthcare facilities, including polyclinics and private medical centres, are conveniently located nearby, ensuring residents have straightforward access to essential services. The established infrastructure means reliable waste collection, maintenance services, and regular estate upgrades that sustain property values and living standards.

Investment and Resale Considerations

Properties at 115 Bukit Merah Central have demonstrated consistent resale demand, supported by the development's central location, transport accessibility, and established community appeal. The HDB resale market in this district has historically shown steady price appreciation driven by transport improvements, school placements, and broader economic factors. Investors considering purchases in this development should expect to attract a steady stream of potential tenants, given the convenient MRT access and suitability for young professionals and upgrading families.

The lease structure of HDB flats means that as properties age, lease decay becomes an increasingly material consideration for long-term owners and investors. Properties at 115 Bukit Merah Central are now at a stage where remaining lease length should form a primary consideration in valuation and financing decisions. Banks typically apply stricter lending criteria to properties with remaining leases below 70 years, and lease decay can materially impact capital appreciation prospects beyond a certain point. Prospective buyers, particularly investors with long holding horizons, should carefully review the remaining lease duration and factor this into their acquisition strategy.

Market Positioning and Pricing

Pricing for units at 115 Bukit Merah Central reflects the development's established location, transport connectivity, and the current state of the HDB resale market in the Redhill vicinity. Comparable properties in the Bukit Merah district at similar distances from MRT nodes have achieved transacted prices demonstrating the market's consistent appetite for well-located housing stock. The development's competitive positioning within the district is supported by its proximity to public transport, the maturity of surrounding infrastructure, and the general desirability of the Bukit Merah postcode amongst upgrading families and investors alike.

Prospective buyers should view pricing in context of comparable recent transactions in the surrounding precinct, taking into account variations in unit size, floor level, interior condition, and remaining lease. The HDB resale market in this area has shown resilience through various economic cycles, suggesting that properties offering good location fundamentals and practical living spaces retain buyer appeal across market conditions. Engaging with a qualified agent to assess recent sales data and rental comparable will assist buyers in calibrating fair value for any specific unit under consideration.

Suitability for Different Buyer Profiles

115 Bukit Merah Central appeals across a broad spectrum of buyer profiles. First-time buyers upgrading from smaller starter flats will find appropriately sized units offering good value within a familiar estate environment with established infrastructure. Young professionals and couples value the MRT proximity and the access to employment hubs across the island, making the location pragmatic for career-focused household members. Multi-generational families appreciate the spacious configurations available, the established community character, and the proximity to schools that support family-focused living.

Investors are attracted to the development's transport accessibility, the consistent rental demand in the area, and the relatively stable capital values observed historically. Property owners seeking to downsize from larger private housing may find the conditions and amenities at 115 Bukit Merah Central appealing for retirement or semi-retirement living. The development's long-established character and comprehensive neighbouring infrastructure make it a pragmatic choice for those prioritising convenience and stable market conditions over cutting-edge new developments.

Future District Outlook and Supply Considerations

The Bukit Merah and surrounding south-central districts are mature and well-developed, with limited scope for significant new HDB supply that might materially alter the supply-demand balance. This supply constraint supports the case for continued steady demand in established developments like 115 Bukit Merah Central, where limited new competing stock means existing properties retain fundamental appeal. Strategic transport improvements and potential commercial developments in adjacent precincts may further enhance the district's attractiveness to residents and investors.

The Redhill MRT Station area continues to evolve, with improved pedestrian connectivity and potential commercial revitalisation initiatives potentially driving future demand for accessible residential properties like those at 115 Bukit Merah Central. Buyers considering this development as a medium to long-term hold can reasonably expect the district to maintain its appeal and relevance within Singapore's broader housing market, underpinned by transport, location fundamentals, and the scarcity of comparable new supply.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 115 Bukit Merah Central as an investment property?

Rental yields for HDB flats in the Bukit Merah district typically range between 3 to 4 percent gross, depending on unit configuration, floor level, and current market rental rates for comparable properties. Three-bedroom units generally attract higher absolute rental income than smaller configurations, though yield percentages may vary based on acquisition price relative to prevailing rental market rates. The Redhill MRT proximity supports consistent tenant demand from young professionals and upgrading families, suggesting reasonable confidence in maintaining occupancy rates and rental revenue, though yields will ultimately depend on the specific purchase price negotiated for any individual unit and the rental market conditions at the time of acquisition.

How does the per-square-foot pricing at 115 Bukit Merah Central compare to recent transactions in the Redhill area?

Recent resale transactions in the Redhill precinct have demonstrated price points that reflect the area's mature estate status, established transport connectivity, and conventional HDB resale market dynamics. Properties at similar distances from the Redhill MRT Station and with comparable lease lengths have typically transacted at price levels reflecting modest premiums over estates further from transport, though variations in unit condition, floor level, and configuration create transaction-to-transaction variation. The per-square-foot metric for 115 Bukit Merah Central should be evaluated against comparable three and four-bedroom units in nearby developments, accounting for differences in remaining lease, renovations, and floor positioning, to establish whether a particular unit represents fair market value relative to the broader Bukit Merah and Redhill district landscape.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing a second residential property at 115 Bukit Merah Central?

A Singapore Citizen purchasing a second residential property is subject to Additional Buyer's Stamp Duty (ABSD) at the rate of 20 percent of the property's purchase price, applied on top of standard buyer's stamp duty. For a property acquired at S$400,000, for example, the ABSD liability would be S$80,000, substantially increasing the total acquisition cost and requiring careful financial planning. This 20 percent ABSD rate applies regardless of the property type or location, making the total stamp duty burden a material consideration in investment decisions and requiring buyers to factor this significant cost into their financing and cash flow projections when considering purchases at 115 Bukit Merah Central or elsewhere.

What lease decay risks should I consider for properties at 115 Bukit Merah Central, and how does this affect resale value?

HDB flats at 115 Bukit Merah Central are now at a stage in their leasehold cycle where remaining lease length materially impacts capital values and long-term appreciation prospects. As leases decay below 80 years, most financial institutions impose stricter lending ratios and may require shorter amortisation periods, effectively restricting the pool of eligible buyers and potentially compressing resale values. Beyond approximately 70 years remaining, lease decay accelerates value erosion, with buyers facing increasingly constrained financing and growing hesitation about long-term holding potential, making remaining lease length a critical due diligence factor for any purchase at this development, particularly for investors with extended holding horizons.

How does proximity to Redhill MRT Station affect demand and capital appreciation for units at this development?

Proximity to a major MRT station like Redhill on the East-West Line is a fundamental demand driver in the Singapore HDB market, supporting consistent buyer and tenant interest from commuters, young professionals, and upgrading families. The 13-minute walking distance to Redhill MRT Station positions 115 Bukit Merah Central within the optimal accessibility range that commands a meaningful location premium relative to estates requiring longer journeys to public transport. This transport accessibility has historically supported more resilient capital values during market cycles and attracts a broader tenant pool during rental downturns, making MRT proximity a material contributor to both investment stability and long-term capital appreciation prospects for properties at this development.

Is 115 Bukit Merah Central suitable for first-time buyers, or is it better suited to upgraders and investors?

The development suits multiple buyer profiles at different stages of the housing journey, though it is particularly well-suited to upgraders transitioning from smaller starter flats and to investors seeking established, transport-proximate properties with stable demand fundamentals. First-time buyers entering the HDB market may find starter flats in newer or more affordable precincts offer better entry points, though those upgrading from prior HDB ownership will appreciate the spacious configurations and mature estate setting available at 115 Bukit Merah Central. Investors are attracted by the MRT accessibility, consistent rental demand, and the supply constraints in the mature Bukit Merah district, making this development a pragmatic choice for those prioritising yields and capital stability over growth or new development appeal.

What Total Debt Servicing Ratio (TDSR) and financing headroom should I expect at typical price points for this development?

Buyers financing purchases at 115 Bukit Merah Central should expect to satisfy the TDSR ceiling of 60 percent of gross monthly income, with actual financing capacity dependent on existing debts, employment stability, and loan tenure. For a property at the lower end of the development's price range (approximately S$350,000 to S$400,000), a household with dual incomes exceeding S$8,000 monthly will generally achieve comfortable TDSR headroom under standard 25-year mortgage terms. Higher-priced units or those with remaining lease below 70 years may necessitate shorter amortisation periods (15 to 20 years), materially reducing monthly servicing headroom and potentially limiting the buyer pool to higher-income households, making pre-approval assessment essential before committing to a specific unit.

How does 115 Bukit Merah Central compare to competing HDB developments in the wider Redhill and Bukit Merah area?

The Bukit Merah and surrounding precinct includes several competing HDB developments spanning different construction eras, lease lengths, and proximity levels to major transport nodes, creating a competitive but segmented marketplace. Developments such as Bukit Merah View, Redhill Close, and other neighbouring estates offer comparable configurations but with varying characteristics in terms of lease maturity, floor levels, and internal finishes. 115 Bukit Merah Central's competitive positioning rests on its established character, proven transport connectivity, and general reputation within the district market, though prospective buyers should conduct comparative analysis of recent comparable transactions across the precinct to ensure they are acquiring units at fair valuations relative to competing alternatives with similar characteristics.

Which unit stack or floor level at 115 Bukit Merah Central offers the best value proposition?

Mid-floor units (typically floors 8 to 20) at 115 Bukit Merah Central often represent optimal value, offering superior natural light and ventilation relative to lower floors whilst avoiding the premium pricing commanded by higher floors in mature estates. Lower floors (3 to 7) may offer modest pricing discounts but typically suffer from reduced light penetration, potential noise and odour transmission from void deck activities, and perception concerns that deter some buyer profiles. High floors (above 20) generally attract premiums that exceed the marginal benefit of elevation in a development of this height and age, making mid-level stacks the pragmatic choice for owner-occupiers seeking balanced quality and value, whilst investors may consider lower floors for more attractive entry pricing if tenant profile supports.

What future supply pipeline exists in the Bukit Merah district, and how might this affect the long-term appeal of 115 Bukit Merah Central?

The Bukit Merah and surrounding south-central districts are mature, well-developed precincts with very limited scope for new HDB supply that might meaningfully alter supply-demand dynamics or create material competitive pressure on existing developments. Most new public housing supply in Singapore is directed to expanding precincts in the north-east, north-west, and eastern regions, leaving mature central estates like those in Bukit Merah with constrained new competing stock. This supply constraint supports the medium to long-term appeal of established developments like 115 Bukit Merah Central by limiting potential oversupply and maintaining buyer demand for well-located, transport-accessible properties, suggesting that the development's fundamental appeal and market positioning are unlikely to be materially diluted by significant new competing supply in the foreseeable future.