# A Bukit Merah four-room flat just set a record $1,466 psf, while a Pasir Ris flat became the first five-room flat in the town to cross $1 mil - **Source:** EdgeProp Singapore - **Published:** 2026-08-25T07:30:00.000Z - **Author:** Ng Ming Yang - **Original:** https://www.edgeprop.sg/property-news/notable-recent-hdb-transactions-bukit-merah-four-room-flat-sold-147-million-record-psf-and-pasir-ris - **Topics:** HDB & Public Housing, Transactions & Deals ## Featured rationale The transactions signal buyer willingness to pay premiums for long leases, mature locations, transport connectivity and scarce DBSS stock, potentially lifting expectations for comparable flats nearby. ## AI summary A Bukit Merah four-room flat achieved a record $1,466 psf, while a Pasir Ris five-room flat became the town’s first to exceed $1 million. ## Original article Two notable HDB resale transactions were recorded recently, one in Bukit Merah and another in Pasir Ris. Bukit Merah four-room flat sets a new record of $1,466 psf in the town A four-room flat at 10A Boon Tiong Road was sold for $1.468 million ($1,466 psf) recently, setting a record psf high for four-room flats in Bukit Merah. Located on the 37th to 39th storeys, the flat measures 1,001 sq ft and has a remaining lease of about 88 years. The subject flat is within walking distance of Tiong Bahru MRT Station and Tiong Bahru Plaza (see Map 1). Schools within a 1km radius include Alexandra Primary School, Zhangde Primary School, Gan Eng Seng School and Outram Secondary School. Read also: What's moving the market: Singapore's biggest property deals and hottest searches (Aug 21) Aside from its close proximity to Tiong Bahru MRT Station, the subject flat's long remaining lease and its location in Bukit Merah, considered a mature estate in Central Singapore, may have contributed to its high price. This transaction surpasses the previous record of $1,373 psf for Bukit Merah four-room flats, which was set earlier this year in January (see Table 1). It also marks the highest psf transacted for HDB flats in Bukit Merah. [object Object] However, this is not the highest price paid for a four-room flat in Bukit Merah. That record belongs to a flat at 50 Moh Guan Terrace, which was sold in May for $1,530,000 ($947 psf) and has a remaining lease of about 46 years (see Table 2). [object Object] Pasir Ris flat first five-room flat to break the $1 million threshold in the town, setting a new record for flats of its type. Meanwhile, a five-room DBSS flat at 530D Pasir Ris Drive 1 was sold for $1.15 million ($1,017 psf) recently. Located on the 10th to 12th storeys, the flat measures 1,130 sq ft and has a remaining lease of about 87 years. This transaction surpasses the previous high of $982,800 ($869 psf) for another five-room flat in the same block, which was also located on the same storeys (see Table 3). Read also: A four-room flat in Bishan just sold for $1.3 million, a record for HDB flats of this type in the town [object Object] Both flats are part of Pasir Ris One, a Design, Build and Sell Scheme (DBSS) project. The project has four blocks comprising 447 units in total, with a mix of three-, four-, and five-room flats. The subject flat is within a short walking distance to various amenities including Pasir Ris MRT Station, Pasir Ris Bus Interchange, Pasir Ris Mall and Pasir Ris Town Park (see Map 2). The bus interchange is integrated with the MRT station as part of the Pasir Ris Integrated Transport Hub. Transport connectivity is set to improve further with the completion of Phase 1 of the Cross Island Line by 2030. Pasir Ris MRT Station will then become an interchange between the East-West Line and the Cross Island Line. Schools within a 1km radius include Casuarina Primary School, Elias Park Primary School, Loyang View Secondary School and Meridian Secondary School. The high price could be attributed to the subject flat’s proximity to an MRT station, a bus interchange, shopping malls and a park. The flat's long remaining lease may also have contributed. Another possible reason lies in how DBSS pricing worked. Under the scheme, private developers, rather than HDB, set the launch prices, which may explain why DBSS units launched above regular HDB rates. This could also account for the premium some DBSS units still command on resale today. Land sales under the scheme were suspended in 2011, with only 13 DBSS projects built before it ended. Read also: What's moving the market: Singapore's biggest property deals and hottest searches (Aug 14) Check out the latest listings for properties here: Bukit Merah, Pasir Ris. ## Chinese translation > Translation model: openai_codex_cli ### 一套红山四房式组屋刚创下每平方英尺新币1,466元纪录，而一套巴西立组屋成为该镇首套突破新币100万元的五房式组屋 红山四房式组屋达到每平方英尺新币1,466元的纪录；巴西立五房式DBSS组屋首次突破新币100万元。完整分析见EdgeProp。 近期录得两宗值得关注的HDB转售交易，一宗位于红山，另一宗位于巴西立。 红山四房式组屋在该镇创下每平方英尺新币1,466元的新纪录 位于Boon Tiong Road 10A的一套四房式组屋近期以新币146.8万元（每平方英尺新币1,466元）售出，创下红山四房式组屋每平方英尺价格新高。该单位位于第37至39层，面积为1,001平方英尺，剩余屋契约约88年。 该单位步行可达中峇鲁地铁站和Tiong Bahru Plaza（见地图1）。1公里范围内的学校包括Alexandra Primary School、Zhangde Primary School、Gan Eng Seng School和Outram Secondary School。 另读：市场动向：新加坡最大房地产交易和热门搜索（8月21日） 除靠近中峇鲁地铁站外，该单位较长的剩余屋契约，以及其位于红山这个被视为新加坡中部成熟市镇的位置，可能也促成了其高价。 这宗交易超过了红山四房式组屋此前每平方英尺新币1,373元的纪录，该纪录于今年1月创下（见表1）。它也标志着红山HDB组屋成交每平方英尺价格的最高纪录。 [object Object] 不过，这并非红山四房式组屋的最高成交价。该纪录属于位于Moh Guan Terrace 50号的一套组屋，该单位于5月以新币153万元（每平方英尺新币947元）售出，剩余屋契约约46年（见表2）。 [object Object] 巴西立组屋成为该镇首套突破新币100万元门槛的五房式组屋，并为该类型组屋创下新纪录。 与此同时，位于Pasir Ris Drive 1 530D的一套五房式DBSS组屋近期以新币115万元（每平方英尺新币1,017元）售出。该单位位于第10至12层，面积为1,130平方英尺，剩余屋契约约87年。 这宗交易超过了同一座楼另一套五房式组屋此前新币982,800元（每平方英尺新币869元）的高位，该单位也位于相同楼层区间（见表3）。 另读：碧山一套四房式组屋刚以新币130万元售出，创下该镇此类型HDB组屋纪录 [object Object] 两套组屋均属于Pasir Ris One，这是一个设计、建造及销售计划（DBSS）项目。该项目共有四座楼，总计447个单位，户型包括三房式、四房式和五房式组屋。 该单位短距离步行即可到达多项便利设施，包括巴西立地铁站、巴西立巴士转换站、Pasir Ris Mall和Pasir Ris Town Park（见地图2）。巴士转换站与地铁站整合，构成巴西立综合交通枢纽的一部分。 随着跨岛线第一阶段于2030年完工，交通连通性将进一步改善。届时，巴西立地铁站将成为东西线与跨岛线之间的转换站。 1公里范围内的学校包括Casuarina Primary School、Elias Park Primary School、Loyang View Secondary School和Meridian Secondary School。 高价可能归因于该单位靠近地铁站、巴士转换站、购物商场和公园。该单位较长的剩余屋契约也可能有所贡献。 另一个可能原因在于DBSS定价机制。根据该计划，由私人发展商而非HDB设定推出价格，这或许解释了为何DBSS单位推出价高于普通HDB价格。这也可能解释为何部分DBSS单位如今在转售市场仍能取得溢价。该计划下的土地销售于2011年暂停，在结束前仅建成13个DBSS项目。 另读：市场动向：新加坡最大房地产交易和热门搜索（8月14日） 在这里查看最新房源：红山、巴西立。