Prices · Bukit Merah · Boon Tiong Road
Block 9B Boon Tiong Road
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What this block is
| Address | Block 9B Boon Tiong Road, Bukit Merah |
| Flat types here | 4-room, 5-room — on the evidence of 31 sales since July 2018, so a type that has never been resold here will not appear |
| Unit sizes | 4-room about 990 sq ft, 5-room about 1,206 sq ft (990 to 1,206 sq ft across the block) |
| Lease | 99 years from 2016, expiring 2115 — 89 years left |
| Floors that have sold | 4 to 42, so the block stands at least 42 storeys |
| Flat models | Improved, Model A |
| Town and district | Bukit Merah |
| Compare it with | the rest of Boon Tiong Road, 5-room flats across Bukit Merah |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $2,285 for every month of the 89 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $429,833 |
| Mortgage interest over 25 years | $483,211 |
| Running costs over the remaining lease | $384,480 |
| Total over the lease | $2,440,857 |
| Monthly while repaying | $5,782 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just two sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 4-room | $970,000 | $855,000–$1,360,000 | 990 sq ft | 980 | 15 |
| 5-room | $1,279,000 | $970,000–$1,688,888 | 1,206 sq ft | 1,061 | 16 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 04 to 06 | $1,076,500 | 991 psf | 4 |
| 07 to 09 | $999,000 | 947 psf | 3 |
| 10 to 12 | $1,075,000 | 1024 psf | 4 |
| 13 to 15 | $1,140,000 | 946 psf | 1 |
| 16 to 18 | $1,280,000 | 1062 psf | 1 |
| 19 to 21 | $1,400,000 | 1161 psf | 1 |
| 22 to 24 | $1,205,500 | 1000 psf | 3 |
| 25 to 27 | $1,188,000 | 1070 psf | 3 |
| 28 to 30 | $970,000 | 969 psf | 4 |
| 31 to 33 | $960,000 | 969 psf | 1 |
| 34 to 36 | $1,269,000 | 1138 psf | 2 |
| 37 to 39 | $1,320,000 | 1333 psf | 3 |
| 40 to 42 | $1,050,000 | 1060 psf | 1 |
Year by year
| 2018 | $1,008,888 | 922 psf | three sales |
| 2019 | $999,000 | 829 psf | three sales |
| 2020 | $1,050,000 | 946 psf | five sales |
| 2021 | $949,000 | 958 psf | six sales |
| 2022 | $1,280,000 | 1062 psf | one sale |
| 2023 | $1,307,500 | 1085 psf | four sales |
| 2024 | $1,254,000 | 1258 psf | four sales |
| 2025 | $1,345,000 | 1116 psf | three sales |
| 2026 | $1,524,444 | 1387 psf | two sales |
31 transactions in all, from July 2018 to Aug 2026. The flat models recorded here are Improved, Model A.