Block 123 Kim Tian Road
Block 123 Kim Tian Road has 13 recorded HDB resale transactions since 2017. Latest sale: $815,000 (Aug 2024, 4 room, floors 01–03). Median $6,745/sqm. Built 1995, 70 years lease remaining.
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 |
|---|---|---|---|
| 4-Room | $3,900 typically $3,600–$4,200 | 5% | Bukit Merah avg · block too thin |
| 5-Room | $4,250 typically $4,000–$4,500 | 4.7% | Bukit Merah avg · block too thin |
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.
- 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.
Other HDB blocks closest to Block 123 Kim Tian Road in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| 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 |
About Block 123 Kim Tian Road
Block 123 Kim Tian Road is a mature HDB block in Bukit Merah, built in 1995 with about 70 years remaining on its 99-year lease. Its median runs about 26% above the Bukit Merah median, ahead of around 79% of the town's blocks. It has a relatively light resale record, with 13 transactions since 2017 across 4 room, 5 room flats priced from $580,000 to $968,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $815,000 in Aug 2024, and the median works out to $6,745/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9100, an annual lease decay of about 0.35%. All transaction data is sourced from data.gov.sg and 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.