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Block 8 Kim Tian Place

5 Room · Built 1984 · 57 years remaining lease · Updated Aug 2025 MOP Cleared

Block 8 Kim Tian Place has 15 recorded HDB resale transactions since 2017. Latest sale: $1,100,000 (Aug 2025, 5 room, floors 01–03). Median $6,756/sqm. Prices up 25.6% over the past five years. Built 1984, 57 years lease remaining.

Latest Sale
$1,100,000
Aug 2025 · 5 ROOM · Floor 01-03
Median $/sqm
$6,756
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +25.6%
Median price change
Median Price ?
Top 9%
#32 / 360 Top 9%
Latest Sale ?
Top 11%
#40 / 360 Top 11%
Value ($/sqm) ?
Top 42%
#150 / 360 Top 42%
5-Year Growth ?
Top 45%
#128 / 286 Top 45%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+4.7%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +25.6% growth over 5 years
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 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.
Rental & Yield

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
5-Room $4,250 typically $4,000–$4,500 4.7% Bukit Merah avg · block too thin
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 4 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
4 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 8 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
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

A flat at Block 8 Kim Tian Place in Bukit Merah has reached $1,180,000 (Nov 2024), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 37% above the Bukit Merah median, ahead of around 91% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 5 room flats priced from $700,000 to $1,180,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $1,100,000 in Aug 2025, and the median works out to $6,756/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 8% above those on the 04 TO 06 band. Over five years, prices here are up about 25.6%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8636, equivalent to roughly 0.55% 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 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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