Blk 38 Kim Pong Road — HDB resale prices
HDB resale prices, Bukit Merah · 3-Room · built 1949
median resale price, last 24 months
1 sale in that window · as of Sep 2026
How it compares
Blk 38 Kim Pong Road is an HDB block in Bukit Merah (completed in 1949, 4 storeys, 24 units). As of Sep 2026, its median resale price over the last 24 months is $800,000, about 1% above the Bukit Merah median, from 1 sales. 27 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×24
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $4,800/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~7.2% (Bukit Merah average: ~5.3%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 30% of Bukit Merah blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $519,049–$580,282 (central estimate $549,665). Recent sales — median $800,000 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1991 | $50,000 | $90,493 | 1 |
| 1994 | $132,500 | $222,409 | 2 |
| 1999 | $210,500 | $336,658 | 2 |
| 2000 | $260,000 | $410,290 | 1 |
| 2003 | $268,000 | $418,277 | 1 |
| 2005 | $255,000 | $389,599 | 1 |
| 2007 | $323,000 | $478,670 | 2 |
| 2009 | $400,000 | $552,643 | 1 |
| 2010 | $493,000 | $662,395 | 1 |
| 2011 | $680,000 | $868,060 | 1 |
| 2013 | $606,500 | $723,223 | 2 |
| 2014 | $570,000 | $672,742 | 1 |
| 2015 | $620,000 | $735,600 | 3 |
| 2017 | $615,000 | $729,342 | 1 |
| 2019 | $638,000 | $749,065 | 1 |
| 2020 | $610,000 | $717,426 | 1 |
| 2021 | $638,000 | $733,372 | 2 |
| 2023 | $800,888 | $827,432 | 1 |
| 2024 | $770,000 | $776,953 | 1 |
| 2026 | $800,000 | $800,000 | 1 |
Records
| Record sale | $800,888 (3-Room, 2023-11) |
|---|---|
| First recorded sale | $50,000 (1991-08) |
| Busiest year | 2015 · 3 sales |
| Total transacted | $13.0M across 27 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-02 | 3-Room | 01–03 | 88 m² | $800,000 |
| 2024-07 | 3-Room | 01–03 | 88 m² | $770,000 |
| 2023-11 | 3-Room | 01–03 | 75 m² | $800,888 |
| 2021-09 | 3-Room | 01–03 | 75 m² | $608,000 |
| 2021-08 | 3-Room | 01–03 | 88 m² | $668,000 |
| 2020-03 | 3-Room | 01–03 | 88 m² | $610,000 |
| 2019-05 | 3-Room | 01–03 | 88 m² | $638,000 |
| 2017-05 | 3-Room | 04–06 | 88 m² | $615,000 |
| 2015-10 | 3-Room | 01–03 | 88 m² | $608,000 |
| 2015-09 | 3-Room | 01–03 | 88 m² | $700,200 |
| 2015-07 | 3-Room | 01–03 | 88 m² | $620,000 |
| 2014-11 | 3-Room | 01–03 | 75 m² | $570,000 |
| 2013-10 | 3-Room | 01–03 | 75 m² | $600,000 |
| 2013-08 | 3-Room | 01–03 | 88 m² | $613,000 |
| 2011-10 | 3-Room | 01–03 | 88 m² | $680,000 |
| 2010-03 | 3-Room | 04–06 | 88 m² | $493,000 |
| 2009-10 | 3-Room | 01–03 | 75 m² | $400,000 |
| 2007-12 | 3-Room | 01–03 | 75 m² | $366,000 |
| 2007-08 | 3-Room | 04–06 | 88 m² | $280,000 |
| 2005-08 | 3-Room | 01–03 | 88 m² | $255,000 |
More blocks on Kim Pong Road
Quick answers
How much does a flat at Blk 38 Kim Pong Road cost?
The median resale price over the last 24 months is $800,000 (1 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 38 Kim Pong Road fairly priced?
For a typical 3-room flat here, our price model estimates $519,049–$580,282 (central estimate $549,665). Recent sales — median $800,000 — sit above that range.
What is the rent at Blk 38 Kim Pong Road?
The median monthly rent is $4,800/mo over the last 12 months (1 contracts).
How old is Blk 38 Kim Pong Road?
The block was completed in 1949 and its 99-year lease runs from 1974.