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Block 45 Kim Cheng Street

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

Block 45 Kim Cheng Street has 5 recorded HDB resale transactions since 2017. Latest sale: $780,000 (May 2025, 3 room, floors 01–03). Median $8,693/sqm. Prices up 28.8% over the past five years. Built 1973, 46 years lease remaining.

Latest Sale
$780,000
May 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$8,693
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
▲ +28.8%
Median price change
Median Price ?
Top 27%
#98 / 360 Top 27%
Latest Sale ?
Top 41%
#148 / 360 Top 41%
Value ($/sqm) ?
Top 15%
#55 / 360 Top 15%
5-Year Growth ?
Top 35%
#99 / 286 Top 35%
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
+5.2%/yr
vs
Lease Decay
−0.88%/yr
Growth assumption
Based on this block’s +28.8% 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 8 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 45 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
May 2025 01 TO 03 3 ROOM 88 sqm $780,000 $8,864
Mar 2025 01 TO 03 3 ROOM 88 sqm $765,000 $8,693
Mar 2024 04 TO 06 3 ROOM 88 sqm $800,000 $9,091
Oct 2021 01 TO 03 3 ROOM 75 sqm $600,000 $8,000
Oct 2017 04 TO 06 3 ROOM 88 sqm $668,000 $7,591
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 45 Kim Cheng Street

Block 45 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 19% above the Bukit Merah median, ahead of around 73% of the town's blocks. It has a relatively light resale record, with 5 transactions since 2017 across 3 room flats priced from $600,000 to $800,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $780,000 in May 2025, and the median works out to $8,693/sqm. Over five years, prices here are up about 28.8%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 45 Kim Cheng Street worth?

The most recent resale transaction at Block 45 Kim Cheng Street was $780,000 for a 3 room flat in 2025-05. The median price per square metre across all flat types is $8,693, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 45 Kim Cheng Street?

Block 45 Kim Cheng Street was built in 1973 and has approximately 46 years and 8 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 45 Kim Cheng Street?

Block 45 Kim Cheng Street in Bukit Merah contains 3 room flats. Resale prices range from $600,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 45 Kim Cheng Street gone up or down?

Resale prices at Block 45 Kim Cheng Street have increased by approximately 28.8% over the past five years. The current median price is $765,000, with the most recent sale at $780,000 in 2025-05.

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