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Block 7 Kim Tian Place

5 Room · Built 1984 · 59 years remaining lease · Updated Sep 2024 MOP Cleared

Block 7 Kim Tian Place has 18 recorded HDB resale transactions since 2017. Latest sale: $1,080,000 (Sep 2024, 5 room, floors 07–09). Median $7,176/sqm. Built 1984, 59 years lease remaining.

Latest Sale
$1,080,000
Sep 2024 · 5 ROOM · Floor 07-09
Median $/sqm
$7,176
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 4%
#13 / 360 Top 4%
Latest Sale ?
Top 12%
#44 / 360 Top 12%
Value ($/sqm) ?
Top 37%
#133 / 360 Top 37%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
5-Room $4,250 typically $4,200–$4,450 4.6% 6 rentals here
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 3 popular schools. 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
3 schools 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 7 Kim Tian Place 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
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 Kim Tian Place is a million-dollar HDB block: a flat here has sold for as much as $1,150,000 (Sep 2024), among the rare blocks in Bukit Merah to cross that mark. Its median runs about 46% above the Bukit Merah median, ahead of around 97% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 5 room flats priced from $800,000 to $1,150,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $1,080,000 in Sep 2024, and the median works out to $7,176/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8686, an annual lease decay of about 0.53%. All transaction data is sourced from data.gov.sg and 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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