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Block 129 Kim Tian Road

4 Room · Built 1976 · 50 years remaining lease · Updated Oct 2024 MOP Cleared

Block 129 Kim Tian Road has 24 recorded HDB resale transactions since 2017. Latest sale: $545,000 (Oct 2024, 4 room, floors 04–06). Median $5,807/sqm. Built 1976, 50 years lease remaining.

Latest Sale
$545,000
Oct 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$5,807
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 65%
#234 / 360 Top 65%
Latest Sale ?
Top 68%
#246 / 360 Top 68%
Value ($/sqm) ?
Top 61%
#221 / 360 Top 61%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.75%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,700 typically $3,400–$3,800 8.1% 5 rentals here
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 3 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
3 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 129 Kim Tian Road 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
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 Kim Tian Road in Bukit Merah dates to 1976 and now has roughly 50 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 21% below the Bukit Merah median, cheaper than about 65% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across 4 room flats priced from $385,000 to $555,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $545,000 in Oct 2024, and the median works out to $5,807/sqm. All transaction data is sourced from data.gov.sg and 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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