Block 38 Kim Pong Road
Block 38 Kim Pong Road has 8 recorded HDB resale transactions since 2017. Latest sale: $800,000 (Feb 2026, 3 room, floors 01–03). Median $7,849/sqm. Prices up 25.4% over the past five years. Built 1974, 47 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 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 |
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 38 Kim Pong Road in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Feb 2026 | 01 TO 03 | 3 ROOM | 88 sqm | $800,000 | $9,091 |
| Jul 2024 | 01 TO 03 | 3 ROOM | 88 sqm | $770,000 | $8,750 |
| Nov 2023 | 01 TO 03 | 3 ROOM | 75 sqm | $800,888 | $10,679 |
| Sep 2021 | 01 TO 03 | 3 ROOM | 75 sqm | $608,000 | $8,107 |
| Aug 2021 | 01 TO 03 | 3 ROOM | 88 sqm | $668,000 | $7,591 |
| Mar 2020 | 01 TO 03 | 3 ROOM | 88 sqm | $610,000 | $6,932 |
| May 2019 | 01 TO 03 | 3 ROOM | 88 sqm | $638,000 | $7,250 |
| May 2017 | 04 TO 06 | 3 ROOM | 88 sqm | $615,000 | $6,989 |
About Block 38 Kim Pong Road
Block 38 Kim Pong Road is an ageing-lease HDB block in Bukit Merah, built in 1974 with about 47 years left on its 99-year lease, so remaining lease is the dominant price factor here. At $653,000, its median sits roughly in line with the Bukit Merah town median. It has a relatively light resale record, with 8 transactions since 2017 across 3 room flats priced from $608,000 to $800,888. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $800,000 in Feb 2026, and the median works out to $7,849/sqm. Over five years, prices here are up about 25.4%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 38 Kim Pong Road worth?
The most recent resale transaction at Block 38 Kim Pong Road was $800,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $7,849, based on 8 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 38 Kim Pong Road?
Block 38 Kim Pong Road was built in 1974 and has approximately 47 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.87%, meaning the leasehold value decreases by approximately 0.87% per year at the current remaining lease.
What flat types are available at Block 38 Kim Pong Road?
Block 38 Kim Pong Road in Bukit Merah contains 3 room flats. Resale prices range from $608,000 to $800,888 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 38 Kim Pong Road gone up or down?
Resale prices at Block 38 Kim Pong Road have increased by approximately 25.4% over the past five years. The current median price is $653,000, with the most recent sale at $800,000 in 2026-02.