HDBRCRQueenstown

Block 40A Margaret Dr

40A Margaret Dr, Singapore 141040

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

Block 40A Margaret Dr is an HDB block in Queenstown, completed in 2021, with 168 dwelling units. Across 2 resales on record, the median resale price is about S$800k (S$1,180 psf, 63 sqm). The lease has approximately 95 years remaining.

1

What are the key facts about Block 40A Margaret Dr?

Key Takeaway

Block 40A Margaret Dr is an HDB block in Queenstown, completed in 2021, with 168 dwelling units.

Town
Queenstown
Planning area
Queenstown
Completed
2021
Storeys
45
Total units
168
Flat model
Premium Apartment
Market segment
RCR
Median resale
S$800k
Last transacted
Jul 2026
Remaining lease
≈ 95 years
2

What are resale prices at Block 40A Margaret Dr?

Key Takeaway

The median resale price is about S$800k (S$1,180 psf), from 2 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
3-Room1S$800,00063 sqmS$1,180 psf
5-Room1S$1,390,000108 sqmS$1,196 psf

Live now: 2 flats listed for sale at this block and 6 for rent (median S$1,500/mo) 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 Jul 2026.

3

What rent and yield does Block 40A Margaret Dr get?

Key Takeaway

Flats at Block 40A Margaret Dr have recently sublet for a median of S$3,600/mo, an indicative gross rental yield of about 5.4% (from 3 recent rental contracts).

Median rent

S$3,600/mo

3 recent contracts

Gross rental yield

5.4%

indicative, gross

Annual rent

S$43,200

median × 12 months

Flat typeContractsMedian rent
3-Room3S$3,600/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 May 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 40A Margaret Dr?

Key Takeaway

Block 40A Margaret Dr has 2 recorded resales; the most recent transacted at S$800,000 in Jul 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jul 20263-Room10 TO 1263 sqmS$800,000
Jul 20265-Room13 TO 15108 sqmS$1,390,000
5

What flat types are in Block 40A Margaret Dr?

Key Takeaway

Block 40A Margaret Dr has 168 units, mostly 3-Room flats of the Premium Apartment model.

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

3-Room: 844-Room: 425-Room: 42
6

Where is Block 40A Margaret Dr?

Key Takeaway

Block 40A Margaret Dr is an HDB block in Queenstown.

Block 40A Margaret Dr is an HDB block located along Margaret Dr. The block is recorded as completed around 2021, with up to 45 storeys. It has an estimated 168 residential units based on the HDB property information dataset. Flat types in the block include 3-room, 4-room, and 5-room units.

The address is Block 40A Margaret Dr, Singapore 141040. 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 273m away, around 4 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.

7

How far is Block 40A Margaret Dr from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 40A Margaret Dr is Queenstown MRT, about 273 m away (~4 min walk). 4 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.

  • Queenstown Primary SchoolPrimary schoolwithin 1 km · P1 priority228 m
  • Queensway Secondary SchoolSecondary schoolwithin 1 km558 m
  • New Town Primary SchoolPrimary schoolwithin 1 km · P1 priority724 m
  • Queenstown Secondary SchoolSecondary schoolwithin 1 km883 m
  • Crescent Girls' SchoolSecondary school1.3 km
  • Bukit Merah Secondary SchoolSecondary school1.5 km
  • Gan Eng Seng Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: Anchorpoint · 940 mSupermarket: Sheng Siong Supermarket Pte Ltd · 452 mHawker centre: Margaret Drive Hawker Centre · 161 m

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

8

What does it cost to buy a flat at Block 40A Margaret Dr?

Key Takeaway

Buying a flat at Block 40A Margaret Dr (~S$800k) needs about S$6,377/mo in income and S$3,004/mo in repayments, after S$18,600 stamp duty and a S$200k downpayment.

Illustrative, for a buyer at the median resale price (S$800k) — 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$18,600

BSD, tiered

Downpayment (25%)

S$200k

cash + CPF

Monthly instalment

S$3,004/mo

25y @ 3.5%

Income required

S$6,377/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 40A 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 40A Margaret Dr sold for recently?

Recent sales at Block 40A Margaret Dr land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 40A Margaret Dr

How much does a 3-Room flat at Block 40A Margaret Dr cost?

The median resale price at Block 40A Margaret Dr is about S$800k (S$1,180 psf), from 2 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 40A Margaret Dr by flat type?

3-Room ≈ S$800k; 5-Room ≈ S$1.39M (median resale, HDB caveats).

Is Block 40A Margaret Dr worth buying given its remaining lease?

Block 40A 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.

What is the rental yield at Block 40A Margaret Dr?

Gross rental yield at Block 40A Margaret Dr is about 5.4%, based on a median subletting rent of about S$3,600/mo against a resale price of about S$800k. 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 40A Margaret Dr?

For a flat at about S$800k on a 25-year HDB-style loan, you'd need roughly S$6,377/mo in household income, with repayments around S$3,004/mo after a S$200k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 40A Margaret Dr?

The nearest MRT/LRT station to Block 40A Margaret Dr is Queenstown MRT, about 273 m away (~4 min walk).

Which primary schools are within 1 km of Block 40A Margaret Dr?

Queenstown Primary School, New Town Primary School are within 1 km of Block 40A Margaret Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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