Block 40A Margaret Drive
Block 40A Margaret Drive has 1 recorded HDB resale transactions since 2017. Latest sale: $1,390,000 (Jul 2026, 5 room, floors 13–15). Median $12,870/sqm. Built 2022, 94 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Queenstown average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 5-Room | $4,400 typically $4,000–$4,700 | 4.3% | Queenstown avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 40A Margaret Drive in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jul 2026 | 13 TO 15 | 5 ROOM | 108 sqm | $1,390,000 | $12,870 |
About Block 40A Margaret Drive
Block 40A Margaret Drive is a million-dollar HDB block: a flat here has sold for as much as $1,390,000 (Jul 2026), among the rare blocks in Queenstown to cross that mark. Its median runs about 93% above the Queenstown median, ahead of around 99% of the town's blocks. It has a relatively light resale record, with 1 transactions since 2017 across 5 room flats priced from $1,390,000 to $1,390,000. The most recent transaction was a 5 room flat on storeys 13 TO 15 at $1,390,000 in Jul 2026, and the median works out to $12,870/sqm. With a long lease still to run, lease decay is minimal at this stage. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 40A Margaret Drive worth?
The most recent resale transaction at Block 40A Margaret Drive was $1,390,000 for a 5 room flat in 2026-07. The median price per square metre across all flat types is $12,870, based on 1 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 40A Margaret Drive?
Block 40A Margaret Drive was built in 2022 and has approximately 94 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.14%, meaning the leasehold value decreases by approximately 0.14% per year at the current remaining lease.
What flat types are available at Block 40A Margaret Drive?
Block 40A Margaret Drive in Queenstown contains 5 room flats. Resale prices range from $1,390,000 to $1,390,000 based on historical transaction records from data.gov.sg.