Block 7 Kim Tian Place

5 Room · Built 1984 · 59 years remaining lease MOP Cleared
Latest Sale
$1,080,000
Sep 2024 · 5 ROOM · #07-09
Median $/sqm
$7,176
Based on 18 transactions
Total Transactions
18
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 59 years remaining 99 years
59 years
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.53%/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
Sep 2024 07 TO 09 5 ROOM 131 sqm $1,080,000 $8,244
Sep 2024 22 TO 24 5 ROOM 131 sqm $1,150,000 $8,779
Mar 2024 10 TO 12 5 ROOM 131 sqm $1,010,000 $7,710
Jan 2024 10 TO 12 5 ROOM 131 sqm $1,080,888 $8,251
Oct 2022 04 TO 06 5 ROOM 131 sqm $920,000 $7,023
Sep 2022 01 TO 03 5 ROOM 131 sqm $960,000 $7,328
Aug 2022 22 TO 24 5 ROOM 131 sqm $1,068,800 $8,159
Aug 2022 13 TO 15 5 ROOM 131 sqm $1,118,000 $8,534
Aug 2021 16 TO 18 5 ROOM 131 sqm $988,000 $7,542
Jun 2021 25 TO 27 5 ROOM 131 sqm $1,018,000 $7,771
May 2021 04 TO 06 5 ROOM 131 sqm $890,000 $6,794
Apr 2021 10 TO 12 5 ROOM 131 sqm $870,000 $6,641
Feb 2021 04 TO 06 5 ROOM 131 sqm $860,000 $6,565
Feb 2020 07 TO 09 5 ROOM 131 sqm $850,000 $6,489
Jul 2019 16 TO 18 5 ROOM 131 sqm $870,000 $6,641
Mar 2019 19 TO 21 5 ROOM 131 sqm $878,000 $6,702
Nov 2018 10 TO 12 5 ROOM 131 sqm $828,000 $6,321
Oct 2018 10 TO 12 5 ROOM 131 sqm $800,000 $6,107
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 7 Kim Tian Place

Block 7 at Kim Tian Place is a residential HDB block in Bukit Merah, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $800,000 to $1,150,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $1,080,000 in 2024-09. The current median price per square metre is $7,176. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8686, with an annual lease decay rate of approximately 0.53%. 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 7 Kim Tian Place worth?

The most recent resale transaction at Block 7 Kim Tian Place was $1,080,000 for a 5 room flat in 2024-09. The median price per square metre across all flat types is $7,176, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 7 Kim Tian Place?

Block 7 Kim Tian Place was built in 1984 and has approximately 59 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 7 Kim Tian Place?

Block 7 Kim Tian Place in Bukit Merah contains 5 room flats. Resale prices range from $800,000 to $1,150,000 based on historical transaction records from data.gov.sg.

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