Block 242 Kim Keat Link
242 Kim Keat Link, Singapore 310242
Block 242 Kim Keat Link is an HDB block in Toa Payoh, completed in 1988, with 46 dwelling units. Across 39 resales on record, 4-Room flats have recently resold around S$448k (S$398 psf, 104 sqm). The lease has approximately 65 years remaining.
What are the key facts about Block 242 Kim Keat Link?
Block 242 Kim Keat Link is an HDB block in Toa Payoh, completed in 1988, with 46 dwelling units.
- Town
- Toa Payoh
- Planning area
- Toa Payoh
- Completed
- 1988
- Storeys
- 4
- Total units
- 46
- Flat model
- Model A · Improved
- Market segment
- RCR
- Median resale
- S$448k
- Last transacted
- Oct 2023
- Remaining lease
- ≈ 65 years
What are resale prices at Block 242 Kim Keat Link?
4-Room flats have recently resold around S$448k (S$398 psf), from 39 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 36 | S$445,000recent | 104 sqm | S$397 psf |
| 5-Room | 3 | S$455,000recent | 122 sqm | S$346 psf |
Live now: 6 flats listed for sale at this block (median asking S$600k) and 8 for rent (median S$4,200/mo) — search all listings.
“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 Oct 2023.
What rent and yield does Block 242 Kim Keat Link get?
Flats at Block 242 Kim Keat Link have recently sublet for a median of S$2,750/mo, an indicative gross rental yield of about 7.4% (from 12 recent rental contracts).
Median rent
S$2,750/mo
12 recent contracts
Gross rental yield
7.4%
indicative, gross
Annual rent
S$33,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 4 | S$2,750/mo |
| 4-Room | 8 | S$2,500/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 Nov 2025. Source: HDB rental (subletting) data.
What has recently sold at Block 242 Kim Keat Link?
Block 242 Kim Keat Link has 39 recorded resales; the most recent transacted at S$600,000 in Oct 2023 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Oct 2023 | 4-Room | 01 TO 03 | 104 sqm | S$600,000 |
| Sept 2022 | 4-Room | 04 TO 06 | 104 sqm | S$535,000 |
| Jul 2021 | 5-Room | 04 TO 06 | 122 sqm | S$628,000 |
| Feb 2021 | 4-Room | 04 TO 06 | 104 sqm | S$475,000 |
| Mar 2020 | 4-Room | 01 TO 03 | 103 sqm | S$440,000 |
| Nov 2019 | 4-Room | 01 TO 03 | 108 sqm | S$448,000 |
| Jan 2019 | 4-Room | 04 TO 06 | 103 sqm | S$438,000 |
| Jul 2015 | 4-Room | 01 TO 03 | 104 sqm | S$415,000 |
| Jun 2015 | 4-Room | 01 TO 03 | 107 sqm | S$415,000 |
| Mar 2015 | 4-Room | 04 TO 06 | 104 sqm | S$445,000 |
| Apr 2014 | 4-Room | 01 TO 03 | 103 sqm | S$470,000 |
| Aug 2013 | 4-Room | 01 TO 03 | 106 sqm | S$490,000 |
What flat types are in Block 242 Kim Keat Link?
Block 242 Kim Keat Link has 46 units, mostly 4-Room flats of the Model A / Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 242 Kim Keat Link?
Block 242 Kim Keat Link is an HDB block in Toa Payoh.
Block 242 Kim Keat Link is an HDB block located along Kim Keat Link. The block is recorded as completed around 1988, with up to 4 storeys. It has an estimated 46 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.
The address is Block 242 Kim Keat Link, Singapore 310242. It is part of District 12, Balestier / Toa Payoh / Serangoon, the Toa Payoh planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Toa Payoh MRT, approximately 975m away, around 15 minutes on foot. Nearby amenities include The Poiz Centre for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 22 Toa Payoh Lorong 7 for food options, Mar Thoma Road Park for greenery and recreation, Toa Payoh Polyclinic for polyclinic services, and Whampoa Community Club for community facilities.
How far is Block 242 Kim Keat Link from MRT and schools?
The nearest MRT/LRT to Block 242 Kim Keat Link is Toa Payoh MRT, about 975 m away (~15 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Toa Payoh MRT975 m · ~15 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Bendemeer Secondary SchoolSecondary schoolwithin 1 km817 m
- Pei Chun Public SchoolPrimary schoolwithin 1 km · P1 priority836 m
- Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority923 m
- St Andrew's Junior CollegeJunior collegewithin 1 km933 m
- St Andrew's School (Junior)Primary school1.0 km
- St Andrew's School (Secondary)Secondary school1.2 km
- First Toa Payoh Primary SchoolPrimary school1.2 km
- Northlight SchoolSecondary school1.2 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 242 Kim Keat Link?
Buying a flat at Block 242 Kim Keat Link (~S$448k) needs about S$3,571/mo in income and S$1,682/mo in repayments, after S$8,040 stamp duty and a S$112k downpayment.
Illustrative, for a buyer at the recent median resale price (S$448k) — 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$8,040
BSD, tiered
Downpayment (25%)
S$112k
cash + CPF
Monthly instalment
S$1,682/mo
25y @ 3.5%
Income required
S$3,571/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 242 Kim Keat Link? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 242 Kim Keat Link land close to the town median — fair value, no big premium.
Frequently asked questions about Block 242 Kim Keat Link
How much does a 4-Room flat at Block 242 Kim Keat Link cost?⌄
4-Room flats at Block 242 Kim Keat Link have recently resold for a median of about S$448k (S$398 psf), from 39 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 242 Kim Keat Link by flat type?⌄
4-Room ≈ S$445k; 5-Room ≈ S$455k (median resale, HDB caveats).
Is Block 242 Kim Keat Link worth buying given its remaining lease?⌄
Block 242 Kim Keat Link has about 65 years left on its 99-year lease (completed 1988). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 242 Kim Keat Link?⌄
Gross rental yield at Block 242 Kim Keat Link is about 7.4%, based on a median subletting rent of about S$2,750/mo against a resale price of about S$448k. 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 242 Kim Keat Link?⌄
For a flat at about S$448k on a 25-year HDB-style loan, you'd need roughly S$3,571/mo in household income, with repayments around S$1,682/mo after a S$112k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 242 Kim Keat Link?⌄
The nearest MRT/LRT station to Block 242 Kim Keat Link is Toa Payoh MRT, about 975 m away (~15 min walk).
Which primary schools are within 1 km of Block 242 Kim Keat Link?⌄
Pei Chun Public School, Hong Wen School are within 1 km of Block 242 Kim Keat Link — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.