123 Kim Tian Road HDB Rental Prices: What You Need to Know in 2026
123 Kim Tian Road in Bukit Merah is a well-established HDB block offering both 4-room and 5-room units with competitive rental rates that appeal to both first-time renters and experienced property investors. Based on recent transaction data, rental prices at this location range from $3,000 to $4,900 per month, depending on unit size and configuration, with 4-room units typically commanding $3,000–$4,500 monthly and 5-room units reaching $4,900.[1] Understanding these rental trends is essential for anyone considering renting out their property or investing in Bukit Merah's HDB market.
Property Overview: 123 Kim Tian Road Specifications
123 Kim Tian Road is a 99-year leasehold HDB block completed in 1994, currently holding 67 years of remaining lease as of 2026.[2][4] The block comprises 80 units across 11 floors, featuring predominantly 4-room and 5-room configurations that are ideal for families and rental investors seeking stable income streams. The property's location in Bukit Merah, one of Singapore's established residential estates, provides convenient access to public transport, schools, and amenities.
Current Rental Market Trends at 123 Kim Tian Road
Recent Rental Transactions and Price Range
Recent rental data from 2024–2025 reveals stable pricing patterns at 123 Kim Tian Road. A 5-room unit listed in July 2024 achieved $4,900 monthly rental, while a 4-room unit in the same period rented for $3,000.[1] More recently, an April 2025 transaction recorded a 4-room unit at $4,500 per month, indicating modest rental growth and strong demand for mid-sized family units in this location.[1] These figures demonstrate that Bukit Merah HDB rental remains competitive within the broader Singapore market.
Why Rental Prices Vary at This Location
Rental prices at 123 Kim Tian Road fluctuate based on several key factors: unit size (measured in square meters), floor level, unit condition, and lease remaining. A 4-room unit typically ranges from 103–106 square meters, while 5-room units offer additional space and command premium rental rates.[1] Higher floor units often attract slightly higher rental premiums due to better views and reduced noise from street level. The property's 1994 completion year means some units may have undergone renovations, which can justify higher rental asking prices.
Investment Perspective: Sale Prices and Rental Yield
For investors evaluating 123 Kim Tian Road as a rental investment, recent resale prices provide important context. 4-room units at this block sold for approximately $815,000–$845,000 in mid-2024, with units built in 1995 (likely referring to renovation or upgrade dates).[1] At current rental rates of $3,000–$4,500 for 4-room units, this translates to a gross rental yield of approximately 4.3–6.6% annually—a competitive return for HDB investments in established estates.
When evaluating potential investments at 123 Kim Tian Road, remember that rental yields must account for property taxes, maintenance costs, and potential vacancy periods. Homejourney's commitment to transparency means we encourage investors to verify all figures with official sources and consult financial advisors before making investment decisions.
Bukit Merah Location Benefits for Renters
Bukit Merah is one of Singapore's oldest and most established public housing estates, offering renters significant lifestyle advantages. The area features excellent connectivity via the Circle Line (Bukit Merah MRT station), proximity to Tiong Bahru's food and shopping precinct, and convenient access to schools including Bukit Merah Primary School. Kim Tian Road itself is a quiet residential street with good pedestrian access to local wet markets, coffee shops, and neighborhood amenities that appeal to families and professionals seeking a balanced lifestyle.
Understanding Lease Remaining and Its Impact on Rental Value
With 67 years of lease remaining as of 2026, 123 Kim Tian Road units remain in the sweet spot for rental and resale markets.[2] HDB properties typically maintain strong rental demand until the lease drops below 60 years, after which some renters and buyers become cautious. Current lease status at this block supports healthy rental demand and makes it an attractive option for both short-term renters and longer-term investors who plan to hold the property through its productive years.
Rental Market Dynamics: What Affects Prices Here
Supply and Demand Factors
Bukit Merah's established status means consistent rental demand from families, young professionals, and expatriates seeking affordable, well-connected accommodation. The 80-unit supply at 123 Kim Tian Road represents a modest-sized block, which can create healthy competition among landlords while maintaining reasonable vacancy rates. Unlike newer BTO developments with large unit volumes, smaller blocks like this one often experience more stable pricing with less volatility.
Seasonal and Market Trends
HDB rental markets in established estates like Bukit Merah typically experience seasonal demand peaks during school holidays and year-end relocations. Investors at 123 Kim Tian Road should expect higher inquiry volumes during these periods, potentially supporting premium rental rates. Market data from 2024–2025 suggests stable rather than rapidly appreciating rental prices, indicating a mature, balanced market rather than a speculative one.
Key Considerations for Prospective Renters
- Unit Configuration: Determine whether a 4-room ($3,000–$4,500) or 5-room ($4,900+) unit meets your household needs and budget.
- Lease Duration: Clarify rental period expectations with landlords—most HDB rentals range from 2–3 years, though shorter terms may be negotiated.
- Furnished vs. Unfurnished: Ask whether quoted prices include furnishings, as this significantly impacts perceived value.
- Utilities and Maintenance: Confirm whether rental prices cover water, electricity, and air-conditioning servicing, or if these are tenant responsibilities.
- Landlord Verification: Always verify that the landlord is the legitimate owner through HDB records before committing to any rental agreement.
Investment Considerations for Landlords
If you own a unit at 123 Kim Tian Road and are considering renting it out, current market data suggests healthy demand at competitive rates. The $3,000–$4,900 monthly range aligns with market expectations for Bukit Merah 4-room and 5-room units. Before listing, consider these factors:
- HDB rental eligibility (you must own the property for at least 5 years before renting it out)
- Maintenance costs and potential need for renovations to attract premium rental rates
- Property tax obligations and income declaration requirements
- Insurance requirements for rental properties
For detailed guidance on rental property management and maximizing your investment returns, consider consulting with a property advisor who specializes in HDB rentals. Homejourney's commitment to user safety means we encourage you to verify all rental information and seek professional advice before making investment decisions.
Comparing 123 Kim Tian Road with Other Bukit Merah Options
While 123 Kim Tian Road offers competitive rental rates and a well-established location, Bukit Merah features several other HDB blocks with varying ages, unit types, and rental profiles. When evaluating this property, consider how its 1994 completion date, 67-year remaining lease, and current rental rates compare to your investment timeline and income expectations. Blocks with newer construction dates may command premium rentals, while older blocks may offer better value for budget-conscious renters.
Frequently Asked Questions About 123 Kim Tian Road Rentals
What is the typical monthly rent for a 4-room unit at 123 Kim Tian Road?
Based on recent transactions, 4-room units at 123 Kim Tian Road typically rent for $3,000–$4,500 per month, depending on unit condition, floor level, and specific amenities. Units listed in July 2024 achieved $3,000, while an April 2025 transaction recorded $4,500, suggesting modest rental growth and strong market demand.[1]
How much can I expect to earn from renting out a unit at 123 Kim Tian Road?
For a 4-room unit purchased at approximately $815,000–$845,000, monthly rental of $3,000–$4,500 generates a gross annual yield of 4.3–6.6%. However, actual net returns depend on property taxes, maintenance costs, insurance, and potential vacancy periods. Always consult a financial advisor to calculate realistic net yields for your specific situation.
Is 123 Kim Tian Road a good rental investment in 2026?
123 Kim Tian Road offers stable rental demand due to its established Bukit Merah location, good transport connectivity, and family-friendly amenities. With 67 years of lease remaining, the property remains in a healthy position for rental and resale. However, investment suitability depends on your financial goals, risk tolerance, and investment timeline. Consider consulting a property advisor for personalized investment analysis.
What utilities and costs should I expect as a tenant at 123 Kim Tian Road?
Typical tenant responsibilities include electricity, water, and air-conditioning servicing costs, which may or may not be included in quoted rental prices. Property tax is the landlord's responsibility. Always clarify all cost responsibilities before signing a rental agreement to avoid unexpected expenses.
How do I verify that a 123 Kim Tian Road rental listing is legitimate?
Always verify rental listings through HDB's official records and request proof of ownership from the landlord. Be cautious of listings that seem significantly cheaper than market rates, as these may indicate scams. Homejourney prioritizes user safety and recommends verifying all property information through official sources before committing to any rental agreement.
Making Your Rental Decision: Next Steps
Whether you're a renter seeking affordable family accommodation or an investor evaluating rental returns, 123 Kim Tian Road presents a compelling option in Bukit Merah's stable HDB market. Current rental rates of $3,000–$4,900 reflect healthy market demand and competitive positioning within the estate.
To move forward with confidence, take these steps:
- Define your rental needs (unit size, budget, lease duration) and investment criteria (target yield, holding period)
- Verify all rental listings through official HDB records and request landlord documentation
- Compare this property with other Bukit Merah options to ensure you're making an informed choice
- Consult with financial advisors or property professionals for personalized guidance on rental agreements or investment strategy
- Use Homejourney's Property Search to explore available rentals and compare market data with confidence
For more comprehensive insights into HDB rental markets and investment strategies, explore our detailed guide on 123 Kim Tian Road HDB For Rent: Ultimate Bukit Merah Rental Guide | Homejourney , which covers broader rental considerations for Bukit Merah properties.
Homejourney is committed to helping you make safe, informed property decisions through verified data, transparent information, and user-focused guidance. Whether you're renting or investing, we prioritize your confidence and security every step of the way.
