138 Jalan Bukit Merah - 1 Units for Sale

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138 Jalan Bukit Merah – PropertyGuru Market Pulse Insights

Recent search data shows the development continuing to attract browsing attention in the area, based on PropertyGuru search data over the past 30 days. Within the Harbourfront / Telok Blangah market, it remains visible among active seekers looking for residential options. This project continues to surface in local search activity among people exploring the area, providing a consistent point of reference for those evaluating the local HDB segment.

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 420K
  • Avg PSF: S$ 661 psf (62.28% lower compared to Harbourfront / Telok Blangah average of S$ 1,753 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for buyers at this location. With only a single listing currently available, the tighter inventory profile suggests a highly selective opportunity for those seeking entry into the district. The property represents a significant value proposition, priced at a substantial 62.28% discount on a per-square-foot basis relative to the broader Harbourfront / Telok Blangah average. This competitive pricing structure likely supports steady interest from budget-conscious buyers prioritizing affordability in a prime region.

Location & Lifestyle Highlights — 138 Jalan Bukit Merah 1360m (16 mins) to TIONG BAHRU MRT STATION — This station connects you directly to the East-West Line, making it a breeze to reach the Central Business District or Changi Airport. Located in a mature and well-connected part of Bukit Merah, this project offers a practical urban lifestyle where daily essentials and transport links are always within easy reach. It is a home that balances city-edge living with the comfort of established neighborhood amenities. Nearby hotspots: MRT Stations:

• TIONG BAHRU MRT STATION (1360m, 16 mins) — Direct access to the East-West Line provides a smooth commute to major employment hubs and downtown shopping.

Bus Stops (22 within 1 km):

• BLK 140 (456m, 5-6 mins) — Convenient bus services nearby help you get around the local estate and to neighboring districts quickly.
• BLK 201 (516m, 6-7 mins) — Another handy transport option for residents looking for flexible travel routes across the island.

Education & Early Learning:

• MY FIRST SKOOL (68m, 1 min) — This reputable preschool is just a few steps away, making morning drop-offs incredibly easy for parents.
• STAR LEARNERS @ BUKIT MERAH PTE. LTD. (166m, 1-2 mins) — Quality early childhood education is available right in the neighborhood for growing families.
• CHIJ (KELLOCK) (1002m, 12-13 mins) — A well-known primary school nearby that offers a strong educational foundation for young girls.

Healthcare & Wellness:

• NKF DIALYSIS CENTRE (826m, 9-10 mins) — Essential specialized medical services are located close by for those requiring regular care.
• HEALTH FIRST FAMILY CLINIC (928m, 11-12 mins) — A reliable local clinic for the family's general health needs and medical consultations.
• TIONG BAHRU MEDICAL CENTRE (1055m, 12-13 mins) — Comprehensive medical facilities nearby ensure peace of mind for residents of all ages.

Shopping & Retail:

• HAO MART (650m, 7-8 mins) — A great spot for picking up fresh produce and daily household items without a long commute.
• FAIRPRICE (798m, 9-10 mins) — This popular supermarket provides a wide range of groceries and essentials for your weekly shopping.
• GIANT EXPRESS - JALAN MEMBINA (931m, 11-12 mins) — Another convenient retail option nearby for quick grocery runs and household needs.

Dining & Food:

• KOUFU (504m, 6-7 mins) — A variety of affordable local food options are available here for a quick and tasty meal.
• CENDEX CAFETERIA (723m, 8-9 mins) — A handy spot for residents and workers in the area to grab a casual lunch or snack.
• 1080 EATING HOUSE (824m, 9-10 mins) — Enjoy a range of local culinary delights at this nearby coffee shop.

Highly attractive for: Young Families, Urban Professionals, Healthcare Workers

Market & Rental Insights

138 Jalan Bukit Merah demonstrates a profile of significant capital appreciation and high income potential for property owners.

• PSF Appreciation:S$578.5 psf → S$630 psf over recent years (+8.9%) from 2024 - 2026
• Expected Rental Yield: At 8.4%, this reflects a strong return for investors.
• Transactions:2 rental transactions in the last 6 months, showing modest rental activity.
• PG Pulse Insight: With a strong rental yield of 8.4% and a PSF growth of +8.9%, the project offers a compelling combination of capital gains and high rental returns despite modest rental activity.

Published date: November 4, 2026