HDBRCRQueenstown

Block 53 C'Wealth Dr

53 C'wealth Dr, Singapore 142053

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

Block 53 C'Wealth Dr is an HDB block in Queenstown, completed in 2013, with 279 dwelling units. Across 82 resales on record, 4-Room flats have recently resold around S$970k (S$1,024 psf, 88 sqm). The lease has approximately 88 years remaining.

1

What are the key facts about Block 53 C'Wealth Dr?

Key Takeaway

Block 53 C'Wealth Dr is an HDB block in Queenstown, completed in 2013, with 279 dwelling units.

Town
Queenstown
Planning area
Queenstown
Completed
2013
Storeys
40
Total units
279
Flat model
Model A · Improved
Market segment
RCR
Median resale
S$970k
Last transacted
Jul 2026
Remaining lease
≈ 88 years
2

What are resale prices at Block 53 C'Wealth Dr?

Key Takeaway

4-Room flats have recently resold around S$970k (S$1,024 psf), from 82 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
3-Room36S$685,000recent63 sqmS$1,010 psf
4-Room40S$991,000recent93 sqmS$1,003 psf
5-Room6S$1,038,000recent117 sqmS$834 psf

“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 53 C'Wealth Dr get?

Key Takeaway

Flats at Block 53 C'Wealth Dr have recently sublet for a median of S$3,650/mo, an indicative gross rental yield of about 4.5% (from 24 recent rental contracts).

Median rent

S$3,650/mo

24 recent contracts

Gross rental yield

4.5%

indicative, gross

Annual rent

S$43,800

median × 12 months

Flat typeContractsMedian rent
3-Room24S$3,100/mo
5-Room5S$5,100/mo
4-Room15S$3,800/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.

4

What has recently sold at Block 53 C'Wealth Dr?

Key Takeaway

Block 53 C'Wealth Dr has 82 recorded resales; the most recent transacted at S$1,020,000 in Jul 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jul 20264-Room13 TO 1596 sqmS$1,020,000
Jun 20263-Room28 TO 3063 sqmS$790,000
Apr 20264-Room01 TO 0388 sqmS$970,000
Apr 20264-Room28 TO 3096 sqmS$1,180,000
Feb 20263-Room13 TO 1563 sqmS$760,000
Feb 20264-Room01 TO 0388 sqmS$950,000
Jun 20254-Room28 TO 3088 sqmS$1,038,888
Apr 20253-Room25 TO 2763 sqmS$785,000
Apr 20253-Room22 TO 2463 sqmS$760,000
Oct 20244-Room31 TO 3396 sqmS$1,050,000
Sept 20244-Room10 TO 1296 sqmS$1,048,000
Sept 20245-Room01 TO 03114 sqmS$1,023,000
5

What flat types are in Block 53 C'Wealth Dr?

Key Takeaway

Block 53 C'Wealth Dr has 279 units, mostly 4-Room flats of the Model A / Improved model.

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

4-Room: 1343-Room: 1065-Room: 39
6

Where is Block 53 C'Wealth Dr?

Key Takeaway

Block 53 C'Wealth Dr is an HDB block in Queenstown.

Block 53 C'Wealth Dr is an HDB block located along C'Wealth Dr. The block is recorded as completed around 2013, with up to 40 storeys. It has an estimated 279 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 53 C'Wealth Dr, Singapore 142053. 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 Commonwealth MRT, approximately 190m away, around 3 minutes on foot. Nearby amenities include The Star Vista for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Tanglin Halt Market for food options, One-North Park for greenery and recreation, Queenstown Polyclinic for polyclinic services, and Queenstown Community Centre for community facilities.

7

How far is Block 53 C'Wealth Dr from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 53 C'Wealth Dr is Commonwealth MRT, about 190 m away (~3 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • New Town Primary SchoolPrimary schoolwithin 1 km · P1 priority475 m
  • Queensway Secondary SchoolSecondary schoolwithin 1 km658 m
  • Fairfield Methodist School (Primary)Primary school1.3 km
  • Anglo-Chinese Junior CollegeJunior college1.3 km
  • Fairfield Methodist School (Secondary)Secondary school1.4 km
  • Queenstown Primary SchoolPrimary school1.4 km
  • Anglo-Chinese School (Independent)Mixed-level school1.8 km

Shops, food & parks

Mall: The Star Vista · 1.0 kmSupermarket: Sheng Siong Supermarket Pte Ltd · 178 mHawker centre: Tanglin Halt Market · 212 mPark: One-North Park · 734 m

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

8

What does it cost to buy a flat at Block 53 C'Wealth Dr?

Key Takeaway

Buying a flat at Block 53 C'Wealth Dr (~S$970k) needs about S$7,733/mo in income and S$3,642/mo in repayments, after S$23,700 stamp duty and a S$243k downpayment.

Illustrative, for a buyer at the recent median resale price (S$970k) — 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$23,700

BSD, tiered

Downpayment (25%)

S$243k

cash + CPF

Monthly instalment

S$3,642/mo

25y @ 3.5%

Income required

S$7,733/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 53 C'Wealth 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 53 C'Wealth Dr sold for recently?

Recent sales at Block 53 C'Wealth Dr land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 53 C'Wealth Dr

How much does a 4-Room flat at Block 53 C'Wealth Dr cost?

4-Room flats at Block 53 C'Wealth Dr have recently resold for a median of about S$970k (S$1,024 psf), from 82 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 53 C'Wealth Dr by flat type?

3-Room ≈ S$685k; 4-Room ≈ S$991k; 5-Room ≈ S$1.04M (median resale, HDB caveats).

Is Block 53 C'Wealth Dr worth buying given its remaining lease?

Block 53 C'Wealth Dr has about 88 years left on its 99-year lease (completed 2013). 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 53 C'Wealth Dr?

Gross rental yield at Block 53 C'Wealth Dr is about 4.5%, based on a median subletting rent of about S$3,650/mo against a resale price of about S$970k. 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 C'Wealth Dr?

For a flat at about S$970k on a 25-year HDB-style loan, you'd need roughly S$7,733/mo in household income, with repayments around S$3,642/mo after a S$243k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 53 C'Wealth Dr?

The nearest MRT/LRT station to Block 53 C'Wealth Dr is Commonwealth MRT, about 190 m away (~3 min walk).

Which primary schools are within 1 km of Block 53 C'Wealth Dr?

New Town Primary School is within 1 km of Block 53 C'Wealth Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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