Block 53 Chin Swee Rd
53 Chin Swee Rd, Singapore 160053
Block 53 Chin Swee Rd is an HDB block in Central Area · Outram, completed in 1973, with 96 dwelling units. Across 91 resales on record, 4-Room flats have recently resold around S$518k (S$625 psf, 77 sqm). The lease has approximately 48 years remaining.
What are the key facts about Block 53 Chin Swee Rd?
Block 53 Chin Swee Rd is an HDB block in Central Area · Outram, completed in 1973, with 96 dwelling units.
- Town
- Central Area
- Planning area
- Outram
- Completed
- 1973
- Storeys
- 26
- Total units
- 96
- Flat model
- Improved
- Market segment
- RCR
- Median resale
- S$518k
- Last transacted
- Aug 2025
- Remaining lease
- ≈ 48 years
What are resale prices at Block 53 Chin Swee Rd?
4-Room flats have recently resold around S$518k (S$625 psf), from 91 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 91 | S$518,000recent | 77 sqm | S$625 psf |
Live now: 2 flats listed for sale at this block and 3 for rent — 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 Aug 2025.
What rent and yield does Block 53 Chin Swee Rd get?
Flats at Block 53 Chin Swee Rd have recently sublet for a median of S$3,200/mo, an indicative gross rental yield of about 7.4% (from 24 recent rental contracts).
Median rent
S$3,200/mo
24 recent contracts
Gross rental yield
7.4%
indicative, gross
Annual rent
S$38,400
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 24 | S$3,200/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 53 Chin Swee Rd?
Block 53 Chin Swee Rd has 91 recorded resales; the most recent transacted at S$548,000 in Aug 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Aug 2025 | 4-Room | 07 TO 09 | 77 sqm | S$548,000 |
| Jun 2024 | 4-Room | 10 TO 12 | 77 sqm | S$520,000 |
| Mar 2024 | 4-Room | 04 TO 06 | 77 sqm | S$510,000 |
| Feb 2024 | 4-Room | 04 TO 06 | 77 sqm | S$500,000 |
| Sept 2023 | 4-Room | 16 TO 18 | 77 sqm | S$520,000 |
| Jun 2023 | 4-Room | 10 TO 12 | 77 sqm | S$523,000 |
| May 2023 | 4-Room | 13 TO 15 | 77 sqm | S$505,000 |
| Apr 2023 | 4-Room | 07 TO 09 | 77 sqm | S$518,000 |
| Mar 2022 | 4-Room | 10 TO 12 | 77 sqm | S$463,000 |
| Dec 2021 | 4-Room | 04 TO 06 | 77 sqm | S$611,800 |
| Oct 2021 | 4-Room | 22 TO 24 | 77 sqm | S$518,000 |
| Jul 2021 | 4-Room | 01 TO 03 | 77 sqm | S$506,000 |
What flat types are in Block 53 Chin Swee Rd?
Block 53 Chin Swee Rd has 96 units, mostly 4-Room flats of the Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 53 Chin Swee Rd?
Block 53 Chin Swee Rd is an HDB block in Central Area, in the Outram planning area.
Block 53 Chin Swee Rd is an HDB block located along Chin Swee Rd. The block is recorded as completed around 1973, with up to 26 storeys. It has an estimated 96 residential units based on the HDB property information dataset. Flat types in the block include 4-room units.
The address is Block 53 Chin Swee Rd, Singapore 160053. It is part of District 03, Queenstown / Tiong Bahru, the Outram planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Chinatown MRT, approximately 557m away, around 9 minutes on foot. Nearby amenities include Chinatown Point for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Blk 1 Jalan Kukoh for food options, Pearl'S Hill City Pk for greenery and recreation, Outram Polyclinic for polyclinic services, and Kreta Ayer Community Club for community facilities.
How far is Block 53 Chin Swee Rd from MRT and schools?
The nearest MRT/LRT to Block 53 Chin Swee Rd is Chinatown MRT, about 557 m away (~9 min walk). 1 school is within 1 km, including 1 primary school.
Getting around
- Chinatown MRT557 m · ~9 min
- Clarke Quay MRT572 m · ~9 min
- Fort Canning MRT627 m · ~10 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority966 m
- Cantonment Primary SchoolPrimary school1.4 km
- School Of The Arts, SingaporeMixed-level school1.5 km
- Zhangde Primary SchoolPrimary school1.8 km
- St. Margaret's School (Primary)Primary school1.9 km
- Alexandra Primary SchoolPrimary school1.9 km
- Gan Eng Seng SchoolSecondary school2.0 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 53 Chin Swee Rd?
Buying a flat at Block 53 Chin Swee Rd (~S$518k) needs about S$4,129/mo in income and S$1,945/mo in repayments, after S$10,140 stamp duty and a S$130k downpayment.
Illustrative, for a buyer at the recent median resale price (S$518k) — 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$10,140
BSD, tiered
Downpayment (25%)
S$130k
cash + CPF
Monthly instalment
S$1,945/mo
25y @ 3.5%
Income required
S$4,129/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 53 Chin Swee Rd? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 53 Chin Swee Rd land close to the town median — fair value, no big premium.
Frequently asked questions about Block 53 Chin Swee Rd
How much does a 4-Room flat at Block 53 Chin Swee Rd cost?⌄
4-Room flats at Block 53 Chin Swee Rd have recently resold for a median of about S$518k (S$625 psf), from 91 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 53 Chin Swee Rd worth buying given its remaining lease?⌄
Block 53 Chin Swee Rd has about 48 years left on its 99-year lease (completed 1973). 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 53 Chin Swee Rd?⌄
Gross rental yield at Block 53 Chin Swee Rd is about 7.4%, based on a median subletting rent of about S$3,200/mo against a resale price of about S$518k. 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 53 Chin Swee Rd?⌄
For a flat at about S$518k on a 25-year HDB-style loan, you'd need roughly S$4,129/mo in household income, with repayments around S$1,945/mo after a S$130k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 53 Chin Swee Rd?⌄
The nearest MRT/LRT station to Block 53 Chin Swee Rd is Chinatown MRT, about 557 m away (~9 min walk).
Which primary schools are within 1 km of Block 53 Chin Swee Rd?⌄
River Valley Primary School is within 1 km of Block 53 Chin Swee Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.