JUST SOLD: Historical high for 5-room flat in Bukit Merah

By Tan Chee Yuen / The Edge Property | November 12, 2015 3:06 PM SGT
A 1,216 sq ft 5-room HDB flat in Bukit Merah changed hands for $950,000 in October. The high-floor unit is located at 127D Kim Tian Road that was completed in 2013. This transaction represents a historical high for 5-room flats within 500m from the subject property. The next highest transaction this year was for a 5-room flat at 122 Kim Tian Road, which was sold at $920,000 in July.
127D Kim Tian Road is located 600m from Tiong Bahru MRT station. Schools nearby include Zhangde Primary School, Radin Mas Primary School and CHIJ (Kellock). It is just a stone’s throw away from the vibrant Tiong Bahru estate, which houses hip cafés, niche boutiques and retail shops.
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Recent transactions for 5-room HDB flats within 500m from the subject property

Date
Block
Start of lease
Floor
Area (sq ft)
Price ($)
28-Oct-15
2013
34 to 36
1,216
950,000
7-Oct-15
2013
25 to 27
1,216
900,000
5-Oct-15
120 Kim Tian Place
2001
01 to 03
1,238
750,000
21-Sep-15
7 Kim Tian Place
1984
22 to 24
1,410
895,000
16-Sep-15
7 Kim Tian Place
1984
16 to 18
1,410
845,000

Source: HDB, The Edge Property

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