Block 38 Kim Pong Rd
38 Kim Pong Rd, Singapore 161038
Block 38 Kim Pong Rd is an HDB block in Bukit Merah, completed in 1949, with 24 dwelling units. Across 27 resales on record, 3-Room flats have recently resold around S$620k (S$705 psf, 88 sqm). The lease has approximately 47 years remaining.
What are the key facts about Block 38 Kim Pong Rd?
Block 38 Kim Pong Rd is an HDB block in Bukit Merah, completed in 1949, with 24 dwelling units.
- Town
- Bukit Merah
- Planning area
- Bukit Merah
- Completed
- 1949
- Storeys
- 4
- Total units
- 24
- Flat model
- Standard
- Market segment
- RCR
- Median resale
- S$620k
- Last transacted
- Feb 2026
- Remaining lease
- ≈ 47 years
What are resale prices at Block 38 Kim Pong Rd?
3-Room flats have recently resold around S$620k (S$705 psf), from 27 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 27 | S$620,000recent | 88 sqm | S$705 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Feb 2026.
What rent and yield does Block 38 Kim Pong Rd get?
Flats at Block 38 Kim Pong Rd have recently sublet for a median of S$4,000/mo, an indicative gross rental yield of about 7.7% (from 13 recent rental contracts).
Median rent
S$4,000/mo
13 recent contracts
Gross rental yield
7.7%
indicative, gross
Annual rent
S$48,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 13 | S$4,000/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Jun 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 38 Kim Pong Rd?
Block 38 Kim Pong Rd has 27 recorded resales; the most recent transacted at S$800,000 in Feb 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Feb 2026 | 3-Room | 01 TO 03 | 88 sqm | S$800,000 |
| Jul 2024 | 3-Room | 01 TO 03 | 88 sqm | S$770,000 |
| Nov 2023 | 3-Room | 01 TO 03 | 75 sqm | S$800,888 |
| Sept 2021 | 3-Room | 01 TO 03 | 75 sqm | S$608,000 |
| Aug 2021 | 3-Room | 01 TO 03 | 88 sqm | S$668,000 |
| Mar 2020 | 3-Room | 01 TO 03 | 88 sqm | S$610,000 |
| May 2019 | 3-Room | 01 TO 03 | 88 sqm | S$638,000 |
| May 2017 | 3-Room | 04 TO 06 | 88 sqm | S$615,000 |
| Oct 2015 | 3-Room | 01 TO 03 | 88 sqm | S$608,000 |
| Sept 2015 | 3-Room | 01 TO 03 | 88 sqm | S$700,200 |
| Jul 2015 | 3-Room | 01 TO 03 | 88 sqm | S$620,000 |
| Nov 2014 | 3-Room | 01 TO 03 | 75 sqm | S$570,000 |
What flat types are in Block 38 Kim Pong Rd?
Block 38 Kim Pong Rd has 24 units, mostly 3-Room flats of the Standard model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 38 Kim Pong Rd?
Block 38 Kim Pong Rd is an HDB block in Bukit Merah.
Block 38 Kim Pong Rd is an HDB block located along Kim Pong Rd. The block is recorded as completed around 1949, with up to 4 storeys. It has an estimated 24 residential units based on the HDB property information dataset. Flat types in the block include 3-room units.
The address is Block 38 Kim Pong Rd, Singapore 161038. It is part of District 03, Queenstown / Tiong Bahru, the Bukit Merah planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Tiong Bahru MRT, approximately 366m away, around 6 minutes on foot. Nearby amenities include Tiong Bahru Plaza for shopping, NTUC Fairprice Co-operative Ltd for groceries, Tiong Bahru Market for food options, Kim Pong Park for greenery and recreation, and Tiong Bahru Community Centre for community facilities.
How far is Block 38 Kim Pong Rd from MRT and schools?
The nearest MRT/LRT to Block 38 Kim Pong Rd is Tiong Bahru MRT, about 367 m away (~6 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Tiong Bahru MRT367 m · ~6 min
- Havelock MRT531 m · ~8 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Zhangde Primary SchoolPrimary schoolwithin 1 km · P1 priority511 m
- Gan Eng Seng SchoolSecondary schoolwithin 1 km886 m
- Alexandra Primary SchoolPrimary schoolwithin 1 km · P1 priority987 m
- Chij (Kellock)Primary school1.1 km
- River Valley Primary SchoolPrimary school1.2 km
- Radin Mas Primary SchoolPrimary school1.3 km
- Chij St. Theresa's ConventSecondary school1.4 km
- Cantonment Primary SchoolPrimary school1.5 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 38 Kim Pong Rd?
Buying a flat at Block 38 Kim Pong Rd (~S$620k) needs about S$4,942/mo in income and S$2,328/mo in repayments, after S$13,200 stamp duty and a S$155k downpayment.
Illustrative, for a buyer at the recent median resale price (S$620k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$13,200
BSD, tiered
Downpayment (25%)
S$155k
cash + CPF
Monthly instalment
S$2,328/mo
25y @ 3.5%
Income required
S$4,942/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 38 Kim Pong Rd? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 38 Kim Pong Rd land close to the town median — fair value, no big premium.
Frequently asked questions about Block 38 Kim Pong Rd
How much does a 3-Room flat at Block 38 Kim Pong Rd cost?⌄
3-Room flats at Block 38 Kim Pong Rd have recently resold for a median of about S$620k (S$705 psf), from 27 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 38 Kim Pong Rd worth buying given its remaining lease?⌄
Block 38 Kim Pong Rd has about 47 years left on its 99-year lease (completed 1949). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 38 Kim Pong Rd?⌄
Gross rental yield at Block 38 Kim Pong Rd is about 7.7%, based on a median subletting rent of about S$4,000/mo against a resale price of about S$620k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 38 Kim Pong Rd?⌄
For a flat at about S$620k on a 25-year HDB-style loan, you'd need roughly S$4,942/mo in household income, with repayments around S$2,328/mo after a S$155k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 38 Kim Pong Rd?⌄
The nearest MRT/LRT station to Block 38 Kim Pong Rd is Tiong Bahru MRT, about 367 m away (~6 min walk).
Which primary schools are within 1 km of Block 38 Kim Pong Rd?⌄
Zhangde Primary School, Alexandra Primary School are within 1 km of Block 38 Kim Pong Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.