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SG Property Intel
HDB99-yearBuilt 1949Rest of Central RegionInvestment score 49

Blk 38 Kim Pong Rd

KIM PONG RD · BUKIT MERAH · Singapore 161038 · D03

Median PSF · 12m

S$845

Median price · 12m

S$800K

Latest sale

S$800K

Feb 2026

1-year change

Sales · 12m

1

27 all time

Gross yield

6.08%

2 leases

Price history

How this development has traded

Median transacted price and price per square foot by quarter, from every sale on record here.

Change over window
+15.8%
Annualised
+15.8%
Transactions
5
1 year
3 years p.a.
5 years p.a.
+3.0%
Median size
947 sqft

Against the neighbourhood

How it compares within D03

Queenstown, Tiong Bahru, Alexandra. All figures are medians over the last 12 months for HDB flats in this district.

District analytics
MeasureBlk 38 Kim Pong RdD03 medianDifference
Median PSFS$845S$961-12.1%
Median priceS$800KS$880K-9.1%
Gross rental yield6.08%6.34%-0.3 pts
1-year price change+8.0%

This development trades about 12% below the D03 median price per square foot.

Rental

Rent and yield

From HDB approved subletting contracts published on data.gov.sg.

Median monthly rent

S$4,450

Contracts · 12m

2

Implied annual rent

S$53K

Gross yield

6.08%

Unit typeContractsMedian rent
3 ROOM2S$4,450

Investment analysis

Investment score 49 / 100

Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.

49/100

82% of the scoring weight measurable

Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.

  • Valuationweight 22%79

    How its median price per square foot compares with its own district.

  • Locationweight 15%48

    Distance to the nearest rail station, plus schools within 1 km. Nearest is Tiong Bahru MRT at 390 m.

  • Rental yieldweight 20%44

    Gross yield against every other development in its segment.

  • Supply riskweight 10%38

    Upcoming units recorded in the same district. Higher score means less competing supply.

  • Liquidityweight 15%22

    Transactions in the last 12 months — how easily it trades.

  • Price momentumweight 18%not measurable

    Three-year annualised change in median PSF, or one year where three is unavailable.

Not enough data to score price momentum.

The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.

Location

Nearby amenities

Rail stations

  • Tiong Bahru MRT390 m
  • Havelock MRT540 m
  • Outram Park MRT1.1 km
  • Great World MRT1.1 km

Schools within 2 km

  • Zhangde Primary Schoolprimary510 m
  • Gan Eng Seng Schoolsecondary (s1-s5)890 m
  • Alexandra Primary Schoolprimary1.0 km
  • River Valley Primary Schoolprimary1.2 km
  • Gan Eng Seng Primary Schoolprimary1.7 km
  • Crescent Girls' Schoolsecondary (s1-s4)1.7 km

Distances are straight-line. Proximity does not determine school admission eligibility.

Supply

Upcoming competition

  • Residential apartmentsTimes Square Mall Pte Ltd/Polaris Time Square Residences Pte Ltd876 units290 m
  • Residential apartmentsChuan Grove Pte Ltd1,056 units290 m
  • Residential apartmentsHPL Properties Pte Ltd304 units290 m
  • JERVOIS MANSIONKimen Realty Pte Ltd130 units1.1 km
  • THE AVENIRCarmel Development Pte Ltd376 units1.3 km
  • ASPEN LINQOptimus Hill Pte Ltd18 units1.6 km

High upcoming supply nearby may increase competition for tenants and buyers.

The record

Transactions at this development

Browse all transactions
MonthTypePriceSizePSFFloorLease left
Feb 20263 ROOMS$800,000947 sqftS$84501 TO 0347 yrs
Jul 20243 ROOMS$770,000947 sqftS$81301 TO 0348 yr 7 mo
Nov 20233 ROOMS$800,888807 sqftS$99201 TO 0349 yr 3 mo
Sep 20213 ROOMS$608,000807 sqftS$75301 TO 0351 yr 4 mo
Aug 20213 ROOMS$668,000947 sqftS$70501 TO 0351 yr 6 mo
Mar 20203 ROOMS$610,000947 sqftS$64401 TO 0352 yr 10 mo
May 20193 ROOMS$638,000947 sqftS$67401 TO 0353 yr 8 mo
May 20173 ROOMS$615,000947 sqftS$64904 TO 0655 yr 8 mo
Oct 20153 ROOMS$608,000947 sqftS$64201 TO 0357 yrs
Sep 20153 ROOMS$700,200947 sqftS$73901 TO 0357 yrs
Jul 20153 ROOMS$620,000947 sqftS$65501 TO 0357 yrs
Nov 20143 ROOMS$570,000807 sqftS$70601 TO 0358 yr 2 mo
Oct 20133 ROOMS$600,000807 sqftS$74301 TO 0359 yr 3 mo
Aug 20133 ROOMS$613,000947 sqftS$64701 TO 0359 yr 5 mo
Oct 20113 ROOMS$680,000947 sqftS$71801 TO 0361 yr 3 mo
Mar 20103 ROOMS$493,000947 sqftS$52004 TO 0662 yr 10 mo
Oct 20093 ROOMS$400,000807 sqftS$49501 TO 0363 yr 3 mo
Dec 20073 ROOMS$366,000807 sqftS$45301 TO 0365 yr 1 mo
Aug 20073 ROOMS$280,000947 sqftS$29604 TO 0665 yr 5 mo
Aug 20053 ROOMS$255,000947 sqftS$26901 TO 0367 yr 5 mo
Aug 20033 ROOMS$268,000947 sqftS$28301 TO 0369 yr 5 mo
Jul 20003 ROOMS$260,000947 sqftS$27401 TO 0372 yr 6 mo
Aug 19993 ROOMS$220,000807 sqftS$27301 TO 0373 yr 5 mo
Feb 19993 ROOMS$201,000807 sqftS$24901 TO 0373 yr 11 mo
Nov 19943 ROOMS$145,000807 sqftS$18001 TO 0378 yr 2 mo
Mar 19943 ROOMS$120,000807 sqftS$14901 TO 0378 yr 10 mo
Aug 19913 ROOMS$50,000947 sqftS$5301 TO 0381 yr 5 mo

Important

Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.