Block 42 Kim Cheng Street

3 Room · Built 1973 · 47 years remaining lease MOP Cleared
Latest Sale
$750,000
Dec 2024 · 3 ROOM · #01-03
Median $/sqm
$7,811
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
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Insufficient data
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 47 years remaining 99 years
47 years 3 months
Remaining lease
↓ 0.86%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 47 years remaining, decay is gradual (~0.86%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2024 01 TO 03 3 ROOM 88 sqm $750,000 $8,523
Mar 2022 01 TO 03 3 ROOM 88 sqm $640,000 $7,273
Feb 2022 01 TO 03 3 ROOM 88 sqm $705,000 $8,011
Oct 2020 01 TO 03 3 ROOM 88 sqm $620,000 $7,045
Apr 2019 01 TO 03 3 ROOM 75 sqm $575,000 $7,667
Jul 2018 04 TO 06 3 ROOM 88 sqm $700,000 $7,955
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 42 Kim Cheng Street

Block 42 at Kim Cheng Street is a residential HDB block in Bukit Merah, Singapore, built in 1973 with approximately 47 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $575,000 to $750,000 based on 6 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $750,000 in 2024-12. The current median price per square metre is $7,811. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8032, with an annual lease decay rate of approximately 0.86%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 42 Kim Cheng Street worth?

The most recent resale transaction at Block 42 Kim Cheng Street was $750,000 for a 3 room flat in 2024-12. The median price per square metre across all flat types is $7,811, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 42 Kim Cheng Street?

Block 42 Kim Cheng Street was built in 1973 and has approximately 47 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.86%, meaning the leasehold value decreases by approximately 0.86% per year at the current remaining lease.

What flat types are available at Block 42 Kim Cheng Street?

Block 42 Kim Cheng Street in Bukit Merah contains 3 room flats. Resale prices range from $575,000 to $750,000 based on historical transaction records from data.gov.sg.

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