HDB Resale & Rent — Singapore

Blk 49 Kim Pong Rd — HDB resale prices

Blk 49 Kim Pong Rd is an HDB block in Bukit Merah (completed in 1949, 4 storeys, 24 units). 22 resale transactions have been recorded here since 1990.

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Price history at a glance

$281K$563K$844K1990199520002005201020152020nominalreal (today's $)

Block facts

TownBukit Merah
Completed1949
Lease from1973
Storeys4
Dwelling units24
Unit mix (sold)3-room ×24
Recorded resales22 since 1990

What the price model says

For a typical 3-room flat here, our price model estimates $470,466–$526,284 (central estimate $498,375). Recent sales — median $738,618 — 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

YearMedian (nominal)Median (today's $)Sales
1990$70,000$131,0481
1991$50,000$90,4931
1992$60,000$106,2081
1993$123,000$212,8501
1994$150,000$251,7831
1995$155,000$255,7641
1996$288,000$468,7561
1997$265,000$422,7691
1999$224,300$358,7291
2003$265,000$413,5941
2004$253,000$388,3721
2005$223,000$340,7081
2013$668,000$796,5591
2014$628,000$741,1961
2015$615,000$729,6681
2017$634,000$751,8752
2020$623,000$732,7151
2021$666,500$766,1322
2022$620,000$671,5101
2023$720,000$743,8631

Records

Record sale$720,000 (3-Room, 2023-10)
First recorded sale$70,000 (1990-11)
Busiest year2017 · 2 sales
10-year change (real)-7% (-0.7%/yr, 2013→2023)
Total transacted$8.6M across 22 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2023-103-Room01 TO 0388$720,000
2022-033-Room01 TO 0375$620,000
2021-123-Room01 TO 0388$695,000
2021-103-Room01 TO 0388$638,000
2020-123-Room04 TO 0688$623,000
2017-073-Room01 TO 0388$618,000
2017-073-Room01 TO 0388$650,000
2015-083-Room01 TO 0388$615,000
2014-083-Room01 TO 0388$628,000
2013-123-Room01 TO 0388$668,000
2005-103-Room01 TO 0375$223,000
2004-123-Room01 TO 0388$253,000
2003-073-Room01 TO 0388$265,000
1999-053-Room01 TO 0388$224,300
1997-013-Room01 TO 0375$265,000
1996-083-Room04 TO 0688$288,000
1995-073-Room01 TO 0375$155,000
1994-103-Room01 TO 0375$150,000
1993-073-Room04 TO 0688$123,000
1992-073-Room01 TO 0375$60,000

More blocks on Kim Pong Rd

Blk 38 · All of Bukit Merah

Quick answers

Is Blk 49 Kim Pong Rd fairly priced?

For a typical 3-room flat here, our price model estimates $470,466–$526,284 (central estimate $498,375). Recent sales — median $738,618 — sit above that range.

How old is Blk 49 Kim Pong Rd?

The block was completed in 1949 and its 99-year lease runs from 1973.