Blk 123 Kim Tian Road — HDB resale prices
HDB resale prices, Bukit Merah · built 1994
last recorded sale · Aug 2024
no resale here in the 24 months to Sep 2026
Blk 123 Kim Tian Road is an HDB block in Bukit Merah (completed in 1994, 11 storeys, 80 units). 57 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×50 · 5-room ×30
Median monthly rent at this block: $4,800/mo (1 rental contracts, last 12 months).
What the price model says
For a typical 4-room flat here, our price model estimates $772,148–$863,239 (central estimate $817,693). Recent sales — median $822,359 — sit within 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 |
|---|---|---|---|
| 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 |
Records
| 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 |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2024-08 | 4-Room | 01–03 | 103 m² | $815,000 |
| 2024-06 | 4-Room | 01–03 | 106 m² | $845,000 |
| 2023-11 | 4-Room | 10–12 | 106 m² | $775,000 |
| 2023-08 | 5-Room | 07–09 | 128 m² | $968,000 |
| 2022-05 | 4-Room | 10–12 | 105 m² | $830,000 |
| 2022-05 | 4-Room | 04–06 | 106 m² | $715,000 |
| 2021-09 | 4-Room | 07–09 | 105 m² | $740,000 |
| 2020-07 | 5-Room | 01–03 | 138 m² | $900,000 |
| 2019-12 | 4-Room | 07–09 | 105 m² | $700,000 |
| 2018-10 | 4-Room | 04–06 | 103 m² | $580,000 |
| 2017-11 | 5-Room | 04–06 | 128 m² | $828,000 |
| 2017-09 | 5-Room | 10–12 | 128 m² | $838,000 |
| 2017-02 | 5-Room | 01–03 | 128 m² | $808,000 |
| 2014-03 | 4-Room | 04–06 | 106 m² | $650,888 |
| 2012-04 | 4-Room | 06–10 | 106 m² | $648,000 |
| 2010-06 | 5-Room | 01–03 | 138 m² | $688,000 |
| 2009-09 | 4-Room | 01–03 | 106 m² | $450,000 |
| 2009-03 | 5-Room | 07–09 | 128 m² | $628,000 |
| 2008-12 | 5-Room | 10–12 | 128 m² | $620,000 |
| 2008-07 | 4-Room | 10–12 | 105 m² | $490,000 |
Kim Tian Road blocks ranked by price
More blocks on Kim Tian Road
Quick answers
Is Blk 123 Kim Tian Road fairly priced?
For a typical 4-room flat here, our price model estimates $772,148–$863,239 (central estimate $817,693). Recent sales — median $822,359 — sit within that range.
What is the rent at Blk 123 Kim Tian Road?
The median monthly rent is $4,800/mo over the last 12 months (1 contracts).
How old is Blk 123 Kim Tian Road?
The block was completed in 1994 and its 99-year lease runs from 1995.