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Block 34 Kim Cheng Street

3 Room · Built 1973 · 46 years remaining lease · Updated Jul 2025 MOP Cleared

Block 34 Kim Cheng Street has 12 recorded HDB resale transactions since 2017. Latest sale: $815,000 (Jul 2025, 3 room, floors 04–06). Median $8,239/sqm. Prices up 63% over the past five years. Built 1973, 46 years lease remaining.

Latest Sale
$815,000
Jul 2025 · 3 ROOM · Floor 04-06
Median $/sqm
$8,239
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +63%
Median price change
Median Price ?
Top 35%
#127 / 360 Top 35%
Latest Sale ?
Top 35%
#125 / 360 Top 35%
Value ($/sqm) ?
Top 22%
#80 / 360 Top 22%
5-Year Growth ?
Top 1%
#1 / 286 Top 1%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+10.3%/yr
vs
Lease Decay
−0.88%/yr
Growth assumption
Based on this block’s +63% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 46 years remaining 99 years
46 years 7 months
Remaining lease
↓ 0.88%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 46 years remaining, decay is gradual (~0.88%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Merah average.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,700–$3,300 8.3% Bukit Merah avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 34 Kim Cheng Street in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Merah
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2025 04 TO 06 3 ROOM 88 sqm $815,000 $9,261
Oct 2024 01 TO 03 3 ROOM 88 sqm $760,000 $8,636
May 2024 01 TO 03 3 ROOM 88 sqm $738,000 $8,386
Feb 2024 01 TO 03 3 ROOM 88 sqm $735,000 $8,352
Oct 2022 01 TO 03 3 ROOM 88 sqm $760,000 $8,636
Sep 2022 01 TO 03 3 ROOM 88 sqm $742,888 $8,442
Jul 2021 01 TO 03 3 ROOM 75 sqm $500,000 $6,667
Dec 2020 01 TO 03 3 ROOM 88 sqm $620,000 $7,045
Mar 2020 04 TO 06 3 ROOM 88 sqm $715,000 $8,125
Oct 2019 04 TO 06 3 ROOM 88 sqm $616,000 $7,000
Jun 2019 01 TO 03 3 ROOM 88 sqm $638,000 $7,250
May 2017 01 TO 03 3 ROOM 88 sqm $668,000 $7,591
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 34 Kim Cheng Street

Block 34 Kim Cheng Street is an ageing-lease HDB block in Bukit Merah, built in 1973 with about 46 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 12% above the Bukit Merah median, ahead of around 65% of the town's blocks. It has a relatively light resale record, with 12 transactions since 2017 across 3 room flats priced from $500,000 to $815,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $815,000 in Jul 2025, and the median works out to $8,239/sqm. Over five years, prices here are up about 63%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 34 Kim Cheng Street worth?

The most recent resale transaction at Block 34 Kim Cheng Street was $815,000 for a 3 room flat in 2025-07. The median price per square metre across all flat types is $8,239, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 34 Kim Cheng Street?

Block 34 Kim Cheng Street was built in 1973 and has approximately 46 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.88%, meaning the leasehold value decreases by approximately 0.88% per year at the current remaining lease.

What flat types are available at Block 34 Kim Cheng Street?

Block 34 Kim Cheng Street in Bukit Merah contains 3 room flats. Resale prices range from $500,000 to $815,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 34 Kim Cheng Street gone up or down?

Resale prices at Block 34 Kim Cheng Street have increased by approximately 63% over the past five years. The current median price is $725,000, with the most recent sale at $815,000 in 2025-07.

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