Block 124 Bt Merah Lane 1
124 Bt Merah Lane 1, Singapore 150124
Block 124 Bt Merah Lane 1 is an HDB block in Bukit Merah, completed in 1978, with 17 dwelling units. 3-Room flats have recently resold around S$247k (67 sqm), from 14 resales on record. The lease has approximately 55 years remaining.
What are the key facts about Block 124 Bt Merah Lane 1?
Block 124 Bt Merah Lane 1 is an HDB block in Bukit Merah, completed in 1978, with 17 dwelling units.
- Town
- Bukit Merah
- Planning area
- Bukit Merah
- Completed
- 1978
- Storeys
- 4
- Total units
- 17
- Market segment
- RCR
- Median resale
- S$247k
- Last transacted
- Sept 2023
- Remaining lease
- ≈ 55 years
What are resale prices at Block 124 Bt Merah Lane 1?
3-Room flats have recently resold around S$247k (S$342 psf), from 14 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 14 | S$247,000recent | 67 sqm | S$342 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Sept 2023.
What has recently sold at Block 124 Bt Merah Lane 1?
Block 124 Bt Merah Lane 1 has 14 recorded resales; the most recent transacted at S$380,000 in Sept 2023 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Sept 2023 | 3-Room | 04 TO 06 | 67 sqm | S$380,000 |
| Apr 2022 | 3-Room | 01 TO 03 | 80 sqm | S$400,000 |
| Dec 2021 | 3-Room | 01 TO 03 | 67 sqm | S$384,000 |
| Jan 2014 | 3-Room | 04 TO 06 | 67 sqm | S$385,000 |
| Jul 2010 | 3-Room | 04 TO 06 | 67 sqm | S$302,000 |
| Sept 2009 | 3-Room | 01 TO 03 | 67 sqm | S$247,000 |
| Oct 2008 | 3-Room | 04 TO 06 | 67 sqm | S$251,000 |
| Oct 2004 | 3-Room | 01 TO 03 | 67 sqm | S$210,000 |
| Jan 2004 | 3-Room | 01 TO 03 | 67 sqm | S$170,000 |
| May 2003 | 3-Room | 01 TO 03 | 67 sqm | S$148,000 |
| Oct 2002 | 3-Room | 01 TO 03 | 67 sqm | S$153,000 |
| May 2001 | 3-Room | 01 TO 03 | 82 sqm | S$164,000 |
What flat types are in Block 124 Bt Merah Lane 1?
Block 124 Bt Merah Lane 1 has 17 units, mostly 3-Room flats.
Unit stock by flat type, from the HDB property information dataset.
How far is Block 124 Bt Merah Lane 1 from MRT and schools?
Schools nearby
- Bukit Merah Secondary SchoolSecondary school1.1 km
- Queenstown Primary SchoolPrimary school1.2 km
- Blangah Rise Primary SchoolPrimary school1.2 km
- Gan Eng Seng Primary SchoolPrimary school1.3 km
- Queenstown Secondary SchoolSecondary school1.4 km
- New Town Primary SchoolPrimary school1.6 km
- Queensway Secondary SchoolSecondary school1.6 km
- Crescent Girls' SchoolSecondary school1.8 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 124 Bt Merah Lane 1?
Buying a flat at Block 124 Bt Merah Lane 1 (~S$247k) needs about S$1,969/mo in income and S$927/mo in repayments, after S$3,140 stamp duty and a S$62k downpayment.
Illustrative, for a buyer at the recent median resale price (S$247k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$3,140
BSD, tiered
Downpayment (25%)
S$62k
cash + CPF
Monthly instalment
S$927/mo
25y @ 3.5%
Income required
S$1,969/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Frequently asked questions about Block 124 Bt Merah Lane 1
What is the resale price at Block 124 Bt Merah Lane 1?⌄
3-Room flats at Block 124 Bt Merah Lane 1 have recently resold around S$247k (67 sqm), based on HDB resale caveats. Resale prices vary by flat type, floor and remaining lease.
How many years are left on the lease at Block 124 Bt Merah Lane 1?⌄
Block 124 Bt Merah Lane 1 has approximately 55 years left on its 99-year lease (completed 1978). This figure is taken from the most recent transacted flat.
How many units are in Block 124 Bt Merah Lane 1?⌄
Block 124 Bt Merah Lane 1 has 17 dwelling units across up to 4 storeys, mostly 3 room flats.
Is Block 124 Bt Merah Lane 1 a good place to buy an HDB resale flat?⌄
Block 124 Bt Merah Lane 1 sits in Bukit Merah, in the Bukit Merah planning area. Whether it suits you depends on your budget, the flat type, the remaining lease (≈55 years) and proximity to MRT and schools — all of which are summarised on this page from HDB resale data.
