Block 242 Kim Keat Link
Block 242 Kim Keat Link has 7 recorded HDB resale transactions since 2017. Latest sale: $600,000 (Oct 2023, 4 room, floors 01–03). Median $4,567/sqm. Built 1989, 64 years lease remaining.
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 Toa Payoh average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,700 typically $3,250–$4,000 | 4.5% | Toa Payoh avg · block too thin |
| 5-Room | $4,000 typically $3,600–$4,300 | 4.5% | Toa Payoh avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Other HDB blocks closest to Block 242 Kim Keat Link in Toa Payoh, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Oct 2023 | 01 TO 03 | 4 ROOM | 104 sqm | $600,000 | $5,769 |
| Sep 2022 | 04 TO 06 | 4 ROOM | 104 sqm | $535,000 | $5,144 |
| Jul 2021 | 04 TO 06 | 5 ROOM | 122 sqm | $628,000 | $5,148 |
| Feb 2021 | 04 TO 06 | 4 ROOM | 104 sqm | $475,000 | $4,567 |
| Mar 2020 | 01 TO 03 | 4 ROOM | 103 sqm | $440,000 | $4,272 |
| Nov 2019 | 01 TO 03 | 4 ROOM | 108 sqm | $448,000 | $4,148 |
| Jan 2019 | 04 TO 06 | 4 ROOM | 103 sqm | $438,000 | $4,252 |
About Block 242 Kim Keat Link
Block 242 Kim Keat Link is an established HDB block in Toa Payoh, built in 1989 with about 64 years remaining on its 99-year lease. Its median sits about 12% below the Toa Payoh median, cheaper than about 54% of the town's blocks. It has a relatively light resale record, with 7 transactions since 2017 across 4 room, 5 room flats priced from $438,000 to $628,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $600,000 in Oct 2023, and the median works out to $4,567/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8916, equivalent to roughly 0.43% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 242 Kim Keat Link worth?
The most recent resale transaction at Block 242 Kim Keat Link was $600,000 for a 4 room flat in 2023-10. The median price per square metre across all flat types is $4,567, based on 7 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 242 Kim Keat Link?
Block 242 Kim Keat Link was built in 1989 and has approximately 64 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 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.
What flat types are available at Block 242 Kim Keat Link?
Block 242 Kim Keat Link in Toa Payoh contains 4 room, 5 room flats. Resale prices range from $438,000 to $628,000 based on historical transaction records from data.gov.sg.