40B Margaret Dr
HDB block in Queenstown, Singapore 142040
40B Margaret Dr is an HDB block in Queenstown, completed in 2021, with 150 dwelling units. Across 2 resales on record, the median resale price is about S$790k (S$1,165 psf, 63 sqm). The lease has approximately 95 years remaining.
What are the key facts about 40B Margaret Dr?
40B Margaret Dr is an HDB block in Queenstown, completed in 2021, with 150 dwelling units.
- Town
- Queenstown
- Planning area
- Queenstown
- Completed
- 2021
- Storeys
- 26
- Total units
- 150
- Flat model
- Premium Apartment
- Market segment
- RCR
- Median resale
- S$790k
- Last transacted
- Aug 2026
- Remaining lease
- ≈ 95 years
What are resale prices at 40B Margaret Dr?
The median resale price is about S$790k (S$1,165 psf), from 2 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 2 | S$790,000 | 63 sqm | S$1,165 psf |
Live now: 8 flats listed for sale at this block (median asking S$790k) — 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 2026.
What has recently sold at 40B Margaret Dr?
40B Margaret Dr has 2 recorded resales; the most recent transacted at S$780,000 in Aug 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Aug 2026 | 3-Room | 13 TO 15 | 63 sqm | S$780,000 |
| Jul 2026 | 3-Room | 16 TO 18 | 63 sqm | S$800,000 |
What flat types are in 40B Margaret Dr?
40B Margaret Dr has 150 units, mostly 3-Room flats of the Premium Apartment model.
Unit stock by flat type, from the HDB property information dataset.
Where is 40B Margaret Dr?
40B Margaret Dr is an HDB block in Queenstown.
Block 40B 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 150 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 40B Margaret Dr, Singapore 142040. 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 252m 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.
How far is 40B Margaret Dr from MRT and schools?
The nearest MRT/LRT to 40B Margaret Dr is Queenstown MRT, about 252 m away (~4 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Queenstown MRT252 m · ~4 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Queenstown Primary SchoolPrimary schoolwithin 1 km · P1 priority199 m
- Queensway Secondary SchoolSecondary schoolwithin 1 km587 m
- New Town Primary SchoolPrimary schoolwithin 1 km · P1 priority751 m
- Queenstown Secondary SchoolSecondary schoolwithin 1 km855 m
- Crescent Girls' SchoolSecondary school1.3 km
- Bukit Merah Secondary SchoolSecondary school1.5 km
- Gan Eng Seng Primary SchoolPrimary school1.6 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at 40B Margaret Dr?
Buying a flat at 40B Margaret Dr (~S$790k) needs about S$6,298/mo in income and S$2,966/mo in repayments, after S$18,300 stamp duty and a S$198k downpayment.
Illustrative, for a buyer at the median resale price (S$790k) — 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$18,300
BSD, tiered
Downpayment (25%)
S$198k
cash + CPF
Monthly instalment
S$2,966/mo
25y @ 3.5%
Income required
S$6,298/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 40B Margaret Dr? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at 40B Margaret Dr land close to the town median — fair value, no big premium.
Frequently asked questions about 40B Margaret Dr
How much does a 3-Room flat at Block 40B Margaret Dr cost?⌄
The median resale price at Block 40B Margaret Dr is about S$790k (S$1,165 psf), from 2 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 40B Margaret Dr worth buying given its remaining lease?⌄
Block 40B 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 40B Margaret Dr?⌄
For a flat at about S$790k on a 25-year HDB-style loan, you'd need roughly S$6,298/mo in household income, with repayments around S$2,966/mo after a S$198k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 40B Margaret Dr?⌄
The nearest MRT/LRT station to Block 40B Margaret Dr is Queenstown MRT, about 252 m away (~4 min walk).
Which primary schools are within 1 km of Block 40B Margaret Dr?⌄
Queenstown Primary School, New Town Primary School are within 1 km of Block 40B Margaret Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.