Block 123 Kim Tian Road

4 Room · 5 Room · Built 1995 · 70 years remaining lease MOP Cleared
Latest Sale
$815,000
Aug 2024 · 4 ROOM · #01-03
Median $/sqm
$6,745
Based on 13 transactions
Total Transactions
13
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 70 years remaining 99 years
70 years
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.35%/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 2024 01 TO 03 4 ROOM 103 sqm $815,000 $7,913
Jun 2024 01 TO 03 4 ROOM 106 sqm $845,000 $7,972
Nov 2023 10 TO 12 4 ROOM 106 sqm $775,000 $7,311
Aug 2023 07 TO 09 5 ROOM 128 sqm $968,000 $7,563
May 2022 04 TO 06 4 ROOM 106 sqm $715,000 $6,745
May 2022 10 TO 12 4 ROOM 105 sqm $830,000 $7,905
Sep 2021 07 TO 09 4 ROOM 105 sqm $740,000 $7,048
Jul 2020 01 TO 03 5 ROOM 138 sqm $900,000 $6,522
Dec 2019 07 TO 09 4 ROOM 105 sqm $700,000 $6,667
Oct 2018 04 TO 06 4 ROOM 103 sqm $580,000 $5,631
Nov 2017 04 TO 06 5 ROOM 128 sqm $828,000 $6,469
Sep 2017 10 TO 12 5 ROOM 128 sqm $838,000 $6,547
Feb 2017 01 TO 03 5 ROOM 128 sqm $808,000 $6,313
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Kim Tian Road

Block 123 at Kim Tian Road is a residential HDB block in Bukit Merah, Singapore, built in 1995 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $580,000 to $968,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $815,000 in 2024-08. The current median price per square metre is $6,745. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9100, with an annual lease decay rate of approximately 0.35%. 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 123 Kim Tian Road worth?

The most recent resale transaction at Block 123 Kim Tian Road was $815,000 for a 4 room flat in 2024-08. The median price per square metre across all flat types is $6,745, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Kim Tian Road?

Block 123 Kim Tian Road was built in 1995 and has approximately 70 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 123 Kim Tian Road?

Block 123 Kim Tian Road in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $580,000 to $968,000 based on historical transaction records from data.gov.sg.

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