HDBRCRQueenstown

Block 31 Margaret Dr

31 Margaret Dr, Singapore 140031

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (HDB)
Quick Summary

Block 31 Margaret Dr is an HDB block in Queenstown, completed in 2021, with 124 dwelling units. Across 1 resale on record, the median resale price is about S$795k (S$1,191 psf, 62 sqm). The lease has approximately 95 years remaining.

1

What are the key facts about Block 31 Margaret Dr?

Key Takeaway

Block 31 Margaret Dr is an HDB block in Queenstown, completed in 2021, with 124 dwelling units.

Town
Queenstown
Planning area
Queenstown
Completed
2021
Storeys
26
Total units
124
Flat model
Premium Apartment
Market segment
RCR
Median resale
S$795k
Last transacted
Jun 2026
Remaining lease
≈ 95 years
2

What are resale prices at Block 31 Margaret Dr?

Key Takeaway

The median resale price is about S$795k (S$1,191 psf), from 1 resale on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
3-Room1S$795,00062 sqmS$1,191 psf

Live now: 4 flats listed for sale at this block (median asking S$680k) 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 Jun 2026.

3

What has recently sold at Block 31 Margaret Dr?

Key Takeaway

Block 31 Margaret Dr has 1 recorded resale; the most recent transacted at S$795,000 in Jun 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jun 20263-Room22 TO 2462 sqmS$795,000
4

What flat types are in Block 31 Margaret Dr?

Key Takeaway

Block 31 Margaret Dr has 124 units, mostly 2-Room flats of the Premium Apartment model.

Unit stock by flat type, from the HDB property information dataset.

2-Room: 803-Room: 44
5

Where is Block 31 Margaret Dr?

Key Takeaway

Block 31 Margaret Dr is an HDB block in Queenstown.

Block 31 Margaret Dr is an HDB block located along Margaret Dr. The block is recorded as completed around 2021, with up to 26 storeys. It has an estimated 124 residential units based on the HDB property information dataset. Flat types in the block include 2-room and 3-room units.

The address is Block 31 Margaret Dr, Singapore 140031. It is part of District 03, Queenstown / Tiong Bahru, the Queenstown planning area. The block falls within the Central Region and the RCR market segment.

The nearest rail connection is Queenstown MRT, approximately 474m away, around 7 minutes on foot. Nearby amenities include Anchorpoint for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Margaret Drive Hawker Centre for food options, Queenstown Polyclinic for polyclinic services, and Queenstown Community Centre for community facilities.

6

How far is Block 31 Margaret Dr from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 31 Margaret Dr is Queenstown MRT, about 474 m away (~7 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Queensway Secondary SchoolSecondary schoolwithin 1 km293 m
  • New Town Primary SchoolPrimary schoolwithin 1 km · P1 priority456 m
  • Queenstown Primary SchoolPrimary schoolwithin 1 km · P1 priority496 m
  • Queenstown Secondary SchoolSecondary school1.2 km
  • Crescent Girls' SchoolSecondary school1.6 km
  • Bukit Merah Secondary SchoolSecondary school1.7 km
  • Gan Eng Seng Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: Anchorpoint · 1.1 kmSupermarket: Sheng Siong Supermarket Pte Ltd · 722 mHawker centre: Margaret Drive Hawker Centre · 118 m

Straight-line distances from the block. Source: PropKaki amenities data.

7

What does it cost to buy a flat at Block 31 Margaret Dr?

Key Takeaway

Buying a flat at Block 31 Margaret Dr (~S$795k) needs about S$6,337/mo in income and S$2,985/mo in repayments, after S$18,450 stamp duty and a S$199k downpayment.

Illustrative, for a buyer at the median resale price (S$795k) — 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$18,450

BSD, tiered

Downpayment (25%)

S$199k

cash + CPF

Monthly instalment

S$2,985/mo

25y @ 3.5%

Income required

S$6,337/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? →

Keep going in the PropKaki app

Eyeing Block 31 Margaret Dr? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 31 Margaret Dr sold for recently?

Recent sales at Block 31 Margaret Dr land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
8

Frequently asked questions about Block 31 Margaret Dr

How much does a 3-Room flat at Block 31 Margaret Dr cost?

The median resale price at Block 31 Margaret Dr is about S$795k (S$1,191 psf), from 1 resale on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

Is Block 31 Margaret Dr worth buying given its remaining lease?

Block 31 Margaret Dr has about 95 years left on its 99-year lease (completed 2021). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.

How much do I need to earn to buy a flat at Block 31 Margaret Dr?

For a flat at about S$795k on a 25-year HDB-style loan, you'd need roughly S$6,337/mo in household income, with repayments around S$2,985/mo after a S$199k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 31 Margaret Dr?

The nearest MRT/LRT station to Block 31 Margaret Dr is Queenstown MRT, about 474 m away (~7 min walk).

Which primary schools are within 1 km of Block 31 Margaret Dr?

New Town Primary School, Queenstown Primary School are within 1 km of Block 31 Margaret Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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