Block 56 C'Wealth Dr
56 C'wealth Dr, Singapore 141056
Block 56 C'Wealth Dr is an HDB block in Queenstown, completed in 1962, with 118 dwelling units. Across 172 resales on record, 3-Room flats have recently resold around S$313k (S$519 psf, 56 sqm). The lease has approximately 43 years remaining.
What are the key facts about Block 56 C'Wealth Dr?
Block 56 C'Wealth Dr is an HDB block in Queenstown, completed in 1962, with 118 dwelling units.
- Town
- Queenstown
- Planning area
- Queenstown
- Completed
- 1962
- Storeys
- 10
- Total units
- 118
- Flat model
- Standard
- Market segment
- RCR
- Median resale
- S$313k
- Last transacted
- Jul 2014
- Remaining lease
- ≈ 43 years
What are resale prices at Block 56 C'Wealth Dr?
3-Room flats have recently resold around S$313k (S$519 psf), from 172 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 2-Room | 66 | S$192,000recent | 46 sqm | S$388 psf |
| 3-Room | 106 | S$313,000recent | 56 sqm | S$519 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 2014.
What rent and yield does Block 56 C'Wealth Dr get?
Flats at Block 56 C'Wealth Dr have recently sublet for a median of S$1,900/mo, an indicative gross rental yield of about 7.3% (from 5 recent rental contracts).
Median rent
S$1,900/mo
5 recent contracts
Gross rental yield
7.3%
indicative, gross
Annual rent
S$22,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 5 | S$1,900/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 Mar 2022. Source: HDB rental (subletting) data.
What has recently sold at Block 56 C'Wealth Dr?
Block 56 C'Wealth Dr has 172 recorded resales; the most recent transacted at S$287,000 in Jul 2014 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jul 2014 | 3-Room | 01 TO 03 | 53 sqm | S$287,000 |
| Mar 2014 | 3-Room | 01 TO 03 | 56 sqm | S$290,000 |
| Apr 2013 | 3-Room | 01 TO 03 | 56 sqm | S$320,000 |
| Mar 2013 | 3-Room | 01 TO 03 | 56 sqm | S$320,000 |
| Jan 2013 | 3-Room | 04 TO 06 | 56 sqm | S$315,000 |
| Jun 2012 | 3-Room | 01 TO 03 | 56 sqm | S$310,000 |
| Feb 2012 | 3-Room | 04 TO 06 | 56 sqm | S$325,000 |
| Feb 2012 | 3-Room | 04 TO 06 | 56 sqm | S$310,000 |
| Feb 2012 | 3-Room | 07 TO 09 | 56 sqm | S$313,000 |
| Dec 2011 | 2-Room | 07 TO 09 | 46 sqm | S$253,000 |
| Nov 2011 | 3-Room | 10 TO 12 | 66 sqm | S$372,000 |
| Oct 2011 | 3-Room | 04 TO 06 | 56 sqm | S$320,000 |
Where is Block 56 C'Wealth Dr?
Block 56 C'Wealth Dr is an HDB block in Queenstown.
Block 56 C'Wealth Dr is an HDB block located along C'Wealth Dr. The block is recorded as completed around 1962, with up to 10 storeys. It has an estimated 118 residential units based on the HDB property information dataset.
The address is Block 56 C'Wealth Dr, Singapore 141056. 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 567m away, around 9 minutes on foot. Nearby amenities include Anchorpoint for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Tanglin Halt Market for food options, Queenstown Polyclinic for polyclinic services, and Queenstown Community Centre for community facilities.
How far is Block 56 C'Wealth Dr from MRT and schools?
The nearest MRT/LRT to Block 56 C'Wealth Dr is Commonwealth MRT, about 567 m away (~9 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Commonwealth MRT567 m · ~9 min
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 priority409 m
- Queensway Secondary SchoolSecondary schoolwithin 1 km643 m
- Queenstown Primary SchoolPrimary school1.2 km
- Fairfield Methodist School (Primary)Primary school1.3 km
- Anglo-Chinese Junior CollegeJunior college1.4 km
- Fairfield Methodist School (Secondary)Secondary school1.5 km
- Queenstown Secondary SchoolSecondary school1.8 km
- Anglo-Chinese School (Independent)Mixed-level 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 56 C'Wealth Dr?
Buying a flat at Block 56 C'Wealth Dr (~S$313k) needs about S$2,495/mo in income and S$1,175/mo in repayments, after S$4,460 stamp duty and a S$78k downpayment.
Illustrative, for a buyer at the recent median resale price (S$313k) — 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$4,460
BSD, tiered
Downpayment (25%)
S$78k
cash + CPF
Monthly instalment
S$1,175/mo
25y @ 3.5%
Income required
S$2,495/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 56 C'Wealth Dr? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 56 C'Wealth Dr land close to the town median — fair value, no big premium.
Frequently asked questions about Block 56 C'Wealth Dr
How much does a 3-Room flat at Block 56 C'Wealth Dr cost?⌄
3-Room flats at Block 56 C'Wealth Dr have recently resold for a median of about S$313k (S$519 psf), from 172 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 56 C'Wealth Dr by flat type?⌄
2-Room ≈ S$192k; 3-Room ≈ S$313k (median resale, HDB caveats).
Is Block 56 C'Wealth Dr worth buying given its remaining lease?⌄
Block 56 C'Wealth Dr has about 43 years left on its 99-year lease (completed 1962). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. It is estimated from the block's completion year.
What is the rental yield at Block 56 C'Wealth Dr?⌄
Gross rental yield at Block 56 C'Wealth Dr is about 7.3%, based on a median subletting rent of about S$1,900/mo against a resale price of about S$313k. 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 56 C'Wealth Dr?⌄
For a flat at about S$313k on a 25-year HDB-style loan, you'd need roughly S$2,495/mo in household income, with repayments around S$1,175/mo after a S$78k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 56 C'Wealth Dr?⌄
The nearest MRT/LRT station to Block 56 C'Wealth Dr is Commonwealth MRT, about 567 m away (~9 min walk).
Which primary schools are within 1 km of Block 56 C'Wealth Dr?⌄
New Town Primary School is within 1 km of Block 56 C'Wealth Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.