Block 129 Kim Tian Road

4 Room · Built 1976 · 50 years remaining lease MOP Cleared
Latest Sale
$545,000
Oct 2024 · 4 ROOM · #04-06
Median $/sqm
$5,807
Based on 24 transactions
Total Transactions
24
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 50 years remaining 99 years
50 years 4 months
Remaining lease
↓ 0.75%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.75%/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
Oct 2024 04 TO 06 4 ROOM 88 sqm $545,000 $6,193
Jul 2024 01 TO 03 4 ROOM 88 sqm $555,000 $6,307
Mar 2024 01 TO 03 4 ROOM 88 sqm $510,000 $5,795
May 2023 10 TO 12 4 ROOM 88 sqm $548,000 $6,227
Mar 2023 13 TO 15 4 ROOM 88 sqm $535,000 $6,080
Jan 2023 07 TO 09 4 ROOM 88 sqm $535,000 $6,080
Nov 2022 07 TO 09 4 ROOM 88 sqm $518,000 $5,886
Nov 2022 13 TO 15 4 ROOM 88 sqm $545,000 $6,193
Oct 2022 01 TO 03 4 ROOM 88 sqm $508,000 $5,773
Aug 2022 07 TO 09 4 ROOM 88 sqm $530,688 $6,031
Jun 2022 07 TO 09 4 ROOM 88 sqm $512,000 $5,818
Dec 2021 04 TO 06 4 ROOM 88 sqm $485,000 $5,511
Sep 2021 01 TO 03 4 ROOM 88 sqm $475,000 $5,398
Jun 2021 16 TO 18 4 ROOM 88 sqm $485,000 $5,511
Apr 2021 04 TO 06 4 ROOM 88 sqm $505,000 $5,739
Jun 2020 16 TO 18 4 ROOM 88 sqm $495,000 $5,625
Feb 2020 10 TO 12 4 ROOM 88 sqm $385,000 $4,375
Jun 2019 10 TO 12 4 ROOM 88 sqm $528,000 $6,000
Feb 2019 07 TO 09 4 ROOM 88 sqm $428,000 $4,864
Nov 2018 16 TO 18 4 ROOM 88 sqm $475,000 $5,398
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 129 Kim Tian Road

Block 129 at Kim Tian Road is a residential HDB block in Bukit Merah, Singapore, built in 1976 with approximately 50 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $385,000 to $555,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $545,000 in 2024-10. The current median price per square metre is $5,807. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8230, with an annual lease decay rate of approximately 0.75%. 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 129 Kim Tian Road worth?

The most recent resale transaction at Block 129 Kim Tian Road was $545,000 for a 4 room flat in 2024-10. The median price per square metre across all flat types is $5,807, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 129 Kim Tian Road?

Block 129 Kim Tian Road was built in 1976 and has approximately 50 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.75%, meaning the leasehold value decreases by approximately 0.75% per year at the current remaining lease.

What flat types are available at Block 129 Kim Tian Road?

Block 129 Kim Tian Road in Bukit Merah contains 4 room flats. Resale prices range from $385,000 to $555,000 based on historical transaction records from data.gov.sg.

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