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HDB · 161038

Blk 38 Kim Pong Rd

Project page · 99-year lease from 1974

Indicative value range
S$725,012 – S$815,498
Indicative mid S$786,985 · S$8,943 psm

Based on 39 sales in projects within 1 km, last 24 months. Search widened 3 of 3 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Sept 2026Blk 1 · 915 m07 TO 0975 sqmS$442,888S$5,905 psm×1.000S$5,905 psm
Sept 2026Blk 43 · 87 m04 TO 0677 sqmS$695,000S$9,026 psm×1.000S$9,026 psm
Sept 2026Blk 45 · 121 m01 TO 0388 sqmS$770,000S$8,750 psm×1.000S$8,750 psm
Sept 2026Blk 37 · 244 m01 TO 0375 sqmS$718,000S$9,573 psm×1.000S$9,573 psm
Aug 2026Blk 17 · 128 m01 TO 0388 sqmS$800,000S$9,091 psm×1.000S$9,091 psm
Jul 2026Blk 128 · 997 m01 TO 0376 sqmS$390,000S$5,132 psm×1.000S$5,132 psm
Jul 2026Blk 27 · 244 m01 TO 0375 sqmS$760,000S$10,133 psm×1.000S$10,133 psm
Jul 2026Blk 46 · 149 m01 TO 0388 sqmS$850,000S$9,659 psm×1.000S$9,659 psm
Jun 2026Blk 50 · 87 m01 TO 0375 sqmS$777,000S$10,360 psm×1.000S$10,360 psm
Jun 2026Blk 26 · 128 m01 TO 0375 sqmS$750,000S$10,000 psm×1.000S$10,000 psm
May 2026Blk 37 · 244 m01 TO 0388 sqmS$790,000S$8,977 psm×1.000S$8,977 psm
Mar 2026Blk 29 · 244 m01 TO 0388 sqmS$755,000S$8,580 psm×0.997S$8,554 psm
Feb 2026Blk 3801 TO 0388 sqmS$800,000S$9,091 psm×0.997S$9,064 psm
Dec 2025Blk 131 · 915 m04 TO 0676 sqmS$420,000S$5,526 psm×0.996S$5,505 psm
Dec 2025Blk 77 · 790 m04 TO 0675 sqmS$473,000S$6,307 psm×0.996S$6,282 psm
Nov 2025Blk 78 · 790 m04 TO 0676 sqmS$473,000S$6,224 psm×0.996S$6,199 psm
Nov 2025Blk 22 · 128 m01 TO 0388 sqmS$700,000S$7,955 psm×0.996S$7,923 psm
Nov 2025Blk 35 · 244 m04 TO 0688 sqmS$832,000S$9,455 psm×0.996S$9,417 psm
Nov 2025Blk 37 · 244 m01 TO 0388 sqmS$780,000S$8,864 psm×0.996S$8,829 psm
Jul 2025Blk 34 · 121 m04 TO 0688 sqmS$815,000S$9,261 psm×0.996S$9,220 psm
Jun 2025Blk 128 · 997 m19 TO 2176 sqmS$450,888S$5,933 psm×1.000S$5,930 psm
Jun 2025Blk 25 · 244 m01 TO 0388 sqmS$770,000S$8,750 psm×1.000S$8,746 psm
Jun 2025Blk 25 · 244 m01 TO 0388 sqmS$828,000S$9,409 psm×1.000S$9,404 psm
May 2025Blk 18 · 128 m04 TO 0688 sqmS$830,000S$9,432 psm×1.000S$9,427 psm
May 2025Blk 45 · 121 m01 TO 0388 sqmS$780,000S$8,864 psm×1.000S$8,859 psm
May 2025Blk 35 · 244 m01 TO 0388 sqmS$800,000S$9,091 psm×1.000S$9,086 psm
Apr 2025Blk 24 · 128 m01 TO 0388 sqmS$820,000S$9,318 psm×1.000S$9,314 psm
Apr 2025Blk 17 · 128 m01 TO 0388 sqmS$800,000S$9,091 psm×1.000S$9,086 psm
Apr 2025Blk 37 · 244 m04 TO 0688 sqmS$800,000S$9,091 psm×1.000S$9,086 psm
Mar 2025Blk 45 · 121 m01 TO 0388 sqmS$765,000S$8,693 psm×1.009S$8,771 psm
Mar 2025Blk 37 · 244 m01 TO 0388 sqmS$780,000S$8,864 psm×1.009S$8,943 psm
Feb 2025Blk 130 · 997 m07 TO 0976 sqmS$438,800S$5,774 psm×1.009S$5,825 psm
Dec 2024Blk 129 · 997 m04 TO 0676 sqmS$455,000S$5,987 psm×1.025S$6,135 psm
Dec 2024Blk 50 · 87 m01 TO 0388 sqmS$750,000S$8,523 psm×1.025S$8,734 psm
Dec 2024Blk 42 · 121 m01 TO 0388 sqmS$750,000S$8,523 psm×1.025S$8,734 psm
Nov 2024Blk 36 · 87 m04 TO 0688 sqmS$760,000S$8,636 psm×1.025S$8,850 psm
Nov 2024Blk 130 · 451 m01 TO 0376 sqmS$495,000S$6,513 psm×1.025S$6,674 psm
Nov 2024Blk 21 · 244 m01 TO 0388 sqmS$778,000S$8,841 psm×1.025S$9,060 psm
Nov 2024Blk 35 · 244 m01 TO 0388 sqmS$850,000S$9,659 psm×1.025S$9,898 psm

How accurate is this estimate for Kim Pong Rd?

Too few sales since Q4 2025 to score the estimate here. Three are the minimum, and this project has not had them.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

7.32% gross yield

S$57,600 of rent a year against the estimate above · 1.96 points below flats like it

Homes like this rent for about S$4,800 a month, the middle of 3 approvals in the last year.

In Bukit Merah, flats of this type with 40 to 49 years of lease left yield 9.28%, from 25 blocks.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Sept 2026493 ROOMS$5,500
Jun 2026383 ROOMS$4,800
Oct 2025383 ROOMS$4,100

median of 3 HDB rental approvals for 3 ROOM on Kim Pong Rd since 2025-10.

Buying or selling at S$786,985?

Buying: Stamp duty on S$786,985 · Cash and CPF needed on S$786,985 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$786,985.

Each opens with this figure filled in; change anything there.

Primary schools near 38 Kim Pong Rd

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Feb 2026
Blk 38 · 3 ROOM · 01 TO 03 · Standard · 47 years left
88 sqmS$800,000S$9,091 psm
Jul 2024
Blk 38 · 3 ROOM · 01 TO 03 · Standard · 49 years left
88 sqmS$770,000S$8,750 psm
Nov 2023
Blk 38 · 3 ROOM · 01 TO 03 · Standard · 49 years left
75 sqmS$800,888S$10,679 psm
See more

Showing 3 of 19.

Sale prices as filed in caveats.

Where the lease takes this

About 46 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years41 yearsS$741,140S$818,278S$886,211S$901,710
10 years36 yearsS$691,844S$843,354S$989,196S$1,024,098

On a flat market the lease alone costs 12% over 10 years. Prices would need to rise about 1.3% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.