Block 8 Kim Tian Place

5 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$1,100,000
Aug 2025 · 5 ROOM · #01-03
Median $/sqm
$6,756
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +25.6%
Median price change
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 57 years remaining 99 years
57 years 11 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.55%/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
Aug 2025 01 TO 03 5 ROOM 131 sqm $1,100,000 $8,397
Dec 2024 16 TO 18 5 ROOM 131 sqm $1,110,111 $8,474
Nov 2024 10 TO 12 5 ROOM 131 sqm $1,180,000 $9,008
Sep 2023 19 TO 21 5 ROOM 131 sqm $1,032,000 $7,878
Aug 2022 16 TO 18 5 ROOM 131 sqm $1,050,000 $8,015
Mar 2022 22 TO 24 5 ROOM 131 sqm $1,030,000 $7,863
Jul 2021 10 TO 12 5 ROOM 131 sqm $885,000 $6,756
Feb 2021 13 TO 15 5 ROOM 131 sqm $866,000 $6,611
Feb 2020 13 TO 15 5 ROOM 131 sqm $830,000 $6,336
Feb 2020 07 TO 09 5 ROOM 131 sqm $838,000 $6,397
Mar 2019 04 TO 06 5 ROOM 131 sqm $765,000 $5,840
Jan 2019 04 TO 06 5 ROOM 131 sqm $700,000 $5,344
Aug 2018 04 TO 06 5 ROOM 131 sqm $770,000 $5,878
Jul 2018 13 TO 15 5 ROOM 131 sqm $825,000 $6,298
Sep 2017 22 TO 24 5 ROOM 131 sqm $905,000 $6,908
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 8 Kim Tian Place

Block 8 at Kim Tian Place is a residential HDB block in Bukit Merah, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $700,000 to $1,180,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $1,100,000 in 2025-08. The current median price per square metre is $6,756. Over the past five years, resale prices at this block have increased by approximately 25.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8636, with an annual lease decay rate of approximately 0.55%. 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 8 Kim Tian Place worth?

The most recent resale transaction at Block 8 Kim Tian Place was $1,100,000 for a 5 room flat in 2025-08. The median price per square metre across all flat types is $6,756, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 8 Kim Tian Place?

Block 8 Kim Tian Place was built in 1984 and has approximately 57 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 8 Kim Tian Place?

Block 8 Kim Tian Place in Bukit Merah contains 5 room flats. Resale prices range from $700,000 to $1,180,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 8 Kim Tian Place gone up or down?

Resale prices at Block 8 Kim Tian Place have increased by approximately 25.6% over the past five years. The current median price is $885,000, with the most recent sale at $1,100,000 in 2025-08.

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