Block 2 Jln Bt Merah
2 Jln Bt Merah, Singapore 150002
Block 2 Jln Bt Merah is an HDB block in Bukit Merah, completed in 1974, with 240 dwelling units. Across 219 resales on record, 3-Room flats have recently resold around S$355k (S$524 psf, 63 sqm). The lease has approximately 48 years remaining.
What are the key facts about Block 2 Jln Bt Merah?
Block 2 Jln Bt Merah is an HDB block in Bukit Merah, completed in 1974, with 240 dwelling units.
- Town
- Bukit Merah
- Planning area
- Bukit Merah
- Completed
- 1974
- Storeys
- 14
- Total units
- 240
- Flat model
- Improved · Adjoined Flat
- Market segment
- RCR
- Median resale
- S$355k
- Last transacted
- Mar 2026
- Remaining lease
- ≈ 48 years
What are resale prices at Block 2 Jln Bt Merah?
3-Room flats have recently resold around S$355k (S$524 psf), from 219 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 217 | S$355,000recent | 63 sqm | S$524 psf |
| 5-Room | 2 | S$644,444 | 126 sqm | S$475 psf |
Live now: 6 flats listed for sale at this block (median asking S$383k) and 8 for rent (median S$3,400/mo) — search all listings.
“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 Mar 2026.
What rent and yield does Block 2 Jln Bt Merah get?
Flats at Block 2 Jln Bt Merah have recently sublet for a median of S$2,800/mo, an indicative gross rental yield of about 9.5% (from 24 recent rental contracts).
Median rent
S$2,800/mo
24 recent contracts
Gross rental yield
9.5%
indicative, gross
Annual rent
S$33,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$2,800/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Jun 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 2 Jln Bt Merah?
Block 2 Jln Bt Merah has 219 recorded resales; the most recent transacted at S$330,000 in Mar 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Mar 2026 | 3-Room | 01 TO 03 | 63 sqm | S$330,000 |
| Feb 2026 | 3-Room | 07 TO 09 | 63 sqm | S$350,000 |
| Jan 2026 | 3-Room | 07 TO 09 | 63 sqm | S$380,000 |
| Dec 2025 | 3-Room | 04 TO 06 | 63 sqm | S$390,000 |
| Jun 2025 | 3-Room | 04 TO 06 | 63 sqm | S$380,000 |
| May 2025 | 3-Room | 04 TO 06 | 63 sqm | S$357,000 |
| Feb 2025 | 3-Room | 04 TO 06 | 63 sqm | S$355,000 |
| Jan 2025 | 3-Room | 13 TO 15 | 63 sqm | S$390,000 |
| Dec 2024 | 3-Room | 01 TO 03 | 63 sqm | S$335,000 |
| Dec 2024 | 3-Room | 13 TO 15 | 63 sqm | S$385,000 |
| Aug 2024 | 3-Room | 04 TO 06 | 63 sqm | S$345,000 |
| Nov 2023 | 3-Room | 07 TO 09 | 63 sqm | S$325,000 |
What flat types are in Block 2 Jln Bt Merah?
Block 2 Jln Bt Merah has 240 units, mostly 3-Room flats of the Improved / Adjoined Flat model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 2 Jln Bt Merah?
Block 2 Jln Bt Merah is an HDB block in Bukit Merah.
Block 2 Jln Bt Merah is an HDB block located along Jln Bt Merah. The block is recorded as completed around 1974, with up to 14 storeys. It has an estimated 240 residential units based on the HDB property information dataset. Flat types in the block include 3-room and 5-room units.
The address is Block 2 Jln Bt Merah, Singapore 150002. It is part of District 03, Queenstown / Tiong Bahru, the Bukit Merah planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Queenstown MRT, approximately 885m away, around 14 minutes on foot. Nearby amenities include Anchorpoint for shopping, NTUC Fairprice Co-operative Ltd for groceries, ABC Brickworks Market & Food Centre for food options, Telok Blangah Hill Park for greenery and recreation, and Leng Kee Community Centre for community facilities.
How far is Block 2 Jln Bt Merah from MRT and schools?
The nearest MRT/LRT to Block 2 Jln Bt Merah is Queenstown MRT, about 885 m away (~14 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Queenstown MRT885 m · ~14 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Bukit Merah Secondary SchoolSecondary schoolwithin 1 km739 m
- Gan Eng Seng Primary SchoolPrimary schoolwithin 1 km · P1 priority972 m
- Queenstown Primary SchoolPrimary schoolwithin 1 km · P1 priority1000 m
- Queenstown Secondary SchoolSecondary school1.0 km
- Blangah Rise Primary SchoolPrimary school1.2 km
- Crescent Girls' SchoolSecondary school1.4 km
- Queensway Secondary SchoolSecondary school1.6 km
- New Town Primary SchoolPrimary school1.6 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 2 Jln Bt Merah?
Buying a flat at Block 2 Jln Bt Merah (~S$355k) needs about S$2,830/mo in income and S$1,333/mo in repayments, after S$5,300 stamp duty and a S$89k downpayment.
Illustrative, for a buyer at the recent median resale price (S$355k) — 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$5,300
BSD, tiered
Downpayment (25%)
S$89k
cash + CPF
Monthly instalment
S$1,333/mo
25y @ 3.5%
Income required
S$2,830/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.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 2 Jln Bt Merah? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 2 Jln Bt Merah land close to the town median — fair value, no big premium.
Frequently asked questions about Block 2 Jln Bt Merah
How much does a 3-Room flat at Block 2 Jln Bt Merah cost?⌄
3-Room flats at Block 2 Jln Bt Merah have recently resold for a median of about S$355k (S$524 psf), from 219 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 2 Jln Bt Merah by flat type?⌄
3-Room ≈ S$355k; 5-Room ≈ S$644k (median resale, HDB caveats).
Is Block 2 Jln Bt Merah worth buying given its remaining lease?⌄
Block 2 Jln Bt Merah has about 48 years left on its 99-year lease (completed 1974). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 2 Jln Bt Merah?⌄
Gross rental yield at Block 2 Jln Bt Merah is about 9.5%, based on a median subletting rent of about S$2,800/mo against a resale price of about S$355k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 2 Jln Bt Merah?⌄
For a flat at about S$355k on a 25-year HDB-style loan, you'd need roughly S$2,830/mo in household income, with repayments around S$1,333/mo after a S$89k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 2 Jln Bt Merah?⌄
The nearest MRT/LRT station to Block 2 Jln Bt Merah is Queenstown MRT, about 885 m away (~14 min walk).
Which primary schools are within 1 km of Block 2 Jln Bt Merah?⌄
Gan Eng Seng Primary School, Queenstown Primary School are within 1 km of Block 2 Jln Bt Merah — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.