Blk 123 Kim Tian Rd is an HDB block in Bukit Merah (completed in 1994, 11 storeys, 80 units). As of Jul 2026, its median resale price over the last 24 months is $815,000, about 4% below the Bukit Merah median, from 1 sales. 57 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Merah |
|---|---|
| Completed | 1994 |
| Lease from | 1995 |
| Storeys | 11 |
| Dwelling units | 80 |
| Unit mix (sold) | 4-room ×50 · 5-room ×30 |
| Recorded resales | 57 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $815,000 | $7,913/m² | 1 |
Median monthly rent at this block: $4,200/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~6.2% (Bukit Merah average: ~5.2%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 42% of Bukit Merah blocks with recent sales.
For a typical 4-room flat here, our price model estimates $748,066–$836,820 (central estimate $792,443). Recent sales — median $836,489 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1999 | $431,500 | $690,109 | 12 |
| 2000 | $412,500 | $650,941 | 6 |
| 2001 | $360,000 | $562,395 | 3 |
| 2002 | $490,000 | $768,492 | 3 |
| 2004 | $368,444 | $565,586 | 6 |
| 2005 | $376,500 | $575,231 | 2 |
| 2008 | $571,000 | $793,538 | 7 |
| 2009 | $539,000 | $744,687 | 2 |
| 2010 | $688,000 | $924,397 | 1 |
| 2012 | $648,000 | $790,975 | 1 |
| 2014 | $650,888 | $768,210 | 1 |
| 2017 | $828,000 | $981,944 | 3 |
| 2018 | $580,000 | $684,833 | 1 |
| 2019 | $700,000 | $821,858 | 1 |
| 2020 | $900,000 | $1,058,497 | 1 |
| 2021 | $740,000 | $850,619 | 1 |
| 2022 | $772,500 | $836,679 | 2 |
| 2023 | $871,500 | $900,385 | 2 |
| 2024 | $830,000 | $837,495 | 2 |
| Record sale | $968,000 (5-Room, 2023-08) |
|---|---|
| First recorded sale | $460,000 (1999-04) |
| Busiest year | 1999 · 12 sales |
| 10-year change (real) | +9% (+0.9%/yr, 2014→2024) |
| Total transacted | $30.7M across 57 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2024-08 | 4-Room | 01 TO 03 | 103 | $815,000 |
| 2024-06 | 4-Room | 01 TO 03 | 106 | $845,000 |
| 2023-11 | 4-Room | 10 TO 12 | 106 | $775,000 |
| 2023-08 | 5-Room | 07 TO 09 | 128 | $968,000 |
| 2022-05 | 4-Room | 04 TO 06 | 106 | $715,000 |
| 2022-05 | 4-Room | 10 TO 12 | 105 | $830,000 |
| 2021-09 | 4-Room | 07 TO 09 | 105 | $740,000 |
| 2020-07 | 5-Room | 01 TO 03 | 138 | $900,000 |
| 2019-12 | 4-Room | 07 TO 09 | 105 | $700,000 |
| 2018-10 | 4-Room | 04 TO 06 | 103 | $580,000 |
| 2017-11 | 5-Room | 04 TO 06 | 128 | $828,000 |
| 2017-09 | 5-Room | 10 TO 12 | 128 | $838,000 |
| 2017-02 | 5-Room | 01 TO 03 | 128 | $808,000 |
| 2014-03 | 4-Room | 04 TO 06 | 106 | $650,888 |
| 2012-04 | 4-Room | 06 TO 10 | 106 | $648,000 |
| 2010-06 | 5-Room | 01 TO 03 | 138 | $688,000 |
| 2009-09 | 4-Room | 01 TO 03 | 106 | $450,000 |
| 2009-03 | 5-Room | 07 TO 09 | 128 | $628,000 |
| 2008-12 | 5-Room | 10 TO 12 | 128 | $620,000 |
| 2008-07 | 4-Room | 10 TO 12 | 105 | $490,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 122 | $1,249,000 | $9,875/m² |
| 2. Blk 127D | $1,174,000 | $11,491/m² |
| 3. Blk 6 | $1,150,000 | $9,127/m² |
| 4. Blk 126A | $1,062,500 | $10,984/m² |
| 5. Blk 126C | $1,007,500 | $11,473/m² |
| 6. Blk 127C | $975,000 | $10,946/m² |
| 7. Blk 131B | $975,000 | $9,091/m² |
| 8. Blk 119B | $959,315 | $9,695/m² |
| 9. Blk 119C | $930,000 | $10,000/m² |
| 10. Blk 125 | $923,000 | $8,626/m² |
| 11. Blk 131C | $888,000 | $8,073/m² |
| 12. Blk 119D | $885,000 | $9,818/m² |
| 13. Blk 123 | $815,000 | $7,913/m² |
| 14. Blk 127A | $790,000 | $11,702/m² |
| 15. Blk 128 | $560,000 | $6,364/m² |
Showing the top 15 of 17 blocks.
The median resale price over the last 24 months is $815,000 (1 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $748,066–$836,820 (central estimate $792,443). Recent sales — median $836,489 — sit within that range.
The median monthly rent is $4,200/mo over the last 12 months (2 contracts).
The block was completed in 1994 and its 99-year lease runs from 1995.