HDB Resale & Rent — Singapore

Blk 56 C'wealth Dr — HDB resale prices

Blk 56 C'wealth Dr is an HDB block in Queenstown (completed in 1962, 10 storeys, 118 units). 172 resale transactions have been recorded here since 1990.

Explore this block on the interactive map →

Price history at a glance

Block facts

Town	Queenstown
Completed	1962
Lease from	1970
Storeys	10
Dwelling units	118
Recorded resales	172 since 1990

Median resale price by year

Year	Median (nominal)	Median (today's $)	Sales
1990	$18,450	$34,540	4
1991	$23,200	$41,989	7
1992	$19,000	$33,633	3
1993	$40,000	$69,220	5
1994	$42,500	$71,339	8
1995	$60,500	$99,830	8
1996	$115,000	$187,177	15
1997	$119,000	$189,847	5
1998	$114,000	$182,366	9
1999	$107,000	$171,128	13
2000	$110,000	$173,584	3
2001	$105,000	$164,032	5
2002	$103,600	$162,481	11
2003	$138,000	$215,381	7
2004	$125,500	$192,651	10
2005	$149,000	$227,648	10
2006	$147,000	$222,443	13
2007	$155,000	$229,702	3
2008	$187,000	$259,880	6
2009	$223,000	$308,099	4
2010	$215,000	$288,874	7
2011	$313,000	$399,563	7
2012	$311,500	$380,229	4
2013	$320,000	$381,585	3
2014	$288,500	$340,502	2

Records

Record sale	$372,000 (3-Room, 2011-11)
First recorded sale	$13,500 (1990-04)
Busiest year	1996 · 15 sales
10-year change (real)	+77% (+5.9%/yr, 2004→2014)
Total transacted	$22.3M across 172 sales

Recent resale transactions

Month	Flat type	Storey	Area (m²)	Price
2014-07	3-Room	01 TO 03	53	$287,000
2014-03	3-Room	01 TO 03	56	$290,000
2013-04	3-Room	01 TO 03	56	$320,000
2013-03	3-Room	01 TO 03	56	$320,000
2013-01	3-Room	04 TO 06	56	$315,000
2012-06	3-Room	01 TO 03	56	$310,000
2012-02	3-Room	04 TO 06	56	$325,000
2012-02	3-Room	07 TO 09	56	$313,000
2012-02	3-Room	04 TO 06	56	$310,000
2011-12	2-Room	07 TO 09	46	$253,000
2011-11	3-Room	10 TO 12	66	$372,000
2011-10	3-Room	04 TO 06	56	$320,000
2011-09	3-Room	04 TO 06	56	$305,000
2011-07	3-Room	10 TO 12	56	$330,000
2011-05	2-Room	10 TO 12	46	$263,000
2011-04	3-Room	07 TO 09	56	$313,000
2010-09	2-Room	07 TO 09	46	$232,000
2010-09	3-Room	07 TO 09	56	$293,000
2010-06	2-Room	04 TO 06	46	$203,400
2010-05	3-Room	04 TO 06	66	$297,500

C'wealth Dr blocks ranked by price

Block	Median (24 mo)	Median $/m²
1. Blk 53	$970,000	$11,023/m²
2. Blk 52	$803,000	$10,512/m²
3. Blk 50	$770,000	$11,569/m²
4. Blk 51	$695,000	$10,955/m²
5. Blk 89	$375,000	$6,082/m²
6. Blk 95	$347,500	$5,157/m²
7. Blk 91	$343,000	$5,800/m²
8. Blk 93	$340,000	$5,583/m²
9. Blk 90	$313,888	$5,231/m²

More blocks on C'wealth Dr

Quick answers

How old is Blk 56 C'wealth Dr?

The block was completed in 1962 and its 99-year lease runs from 1970.