Block 59 C'Wealth Dr
59 C'wealth Dr, Singapore 140059
Block 59 C'Wealth Dr is an HDB block in Queenstown, completed in 1963, with 115 dwelling units. Across 161 resales on record, 3-Room flats have recently resold around S$320k (S$531 psf, 56 sqm). The lease has approximately 44 years remaining.
What are the key facts about Block 59 C'Wealth Dr?
Block 59 C'Wealth Dr is an HDB block in Queenstown, completed in 1963, with 115 dwelling units.
- Town
- Queenstown
- Planning area
- Queenstown
- Completed
- 1963
- Storeys
- 10
- Total units
- 115
- Flat model
- Standard · Adjoined Flat
- Market segment
- RCR
- Median resale
- S$320k
- Last transacted
- Apr 2014
- Remaining lease
- ≈ 44 years
What are resale prices at Block 59 C'Wealth Dr?
3-Room flats have recently resold around S$320k (S$531 psf), from 161 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 2-Room | 48 | S$152,000recent | 46 sqm | S$307 psf |
| 3-Room | 112 | S$320,000recent | 56 sqm | S$531 psf |
| 4-Room | 1 | S$280,000 | 130 sqm | S$200 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 Apr 2014.
What rent and yield does Block 59 C'Wealth Dr get?
Flats at Block 59 C'Wealth Dr have recently sublet for a median of S$1,200/mo, an indicative gross rental yield of about 4.5% (from 6 recent rental contracts).
Median rent
S$1,200/mo
6 recent contracts
Gross rental yield
4.5%
indicative, gross
Annual rent
S$14,400
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 4 | S$1,200/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 Aug 2021. Source: HDB rental (subletting) data.
What has recently sold at Block 59 C'Wealth Dr?
Block 59 C'Wealth Dr has 161 recorded resales; the most recent transacted at S$315,000 in Apr 2014 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Apr 2014 | 3-Room | 10 TO 12 | 56 sqm | S$315,000 |
| Apr 2014 | 3-Room | 01 TO 03 | 56 sqm | S$280,000 |
| Jul 2013 | 3-Room | 07 TO 09 | 56 sqm | S$355,000 |
| May 2013 | 3-Room | 10 TO 12 | 56 sqm | S$370,000 |
| Jan 2013 | 2-Room | 01 TO 03 | 46 sqm | S$278,000 |
| Oct 2012 | 3-Room | 04 TO 06 | 56 sqm | S$320,000 |
| Sept 2012 | 3-Room | 01 TO 03 | 56 sqm | S$320,000 |
| May 2012 | 3-Room | 06 TO 10 | 56 sqm | S$346,188 |
| Oct 2011 | 3-Room | 07 TO 09 | 56 sqm | S$322,000 |
| Aug 2011 | 3-Room | 04 TO 06 | 56 sqm | S$308,000 |
| Jul 2011 | 3-Room | 04 TO 06 | 56 sqm | S$321,000 |
| Apr 2011 | 2-Room | 04 TO 06 | 46 sqm | S$245,000 |
Where is Block 59 C'Wealth Dr?
Block 59 C'Wealth Dr is an HDB block in Queenstown.
Block 59 C'Wealth Dr is an HDB block located along C'Wealth Dr. The block is recorded as completed around 1963, with up to 10 storeys. It has an estimated 115 residential units based on the HDB property information dataset.
The address is Block 59 C'Wealth Dr, Singapore 140059. 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 515m away, around 8 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 59 C'Wealth Dr from MRT and schools?
The nearest MRT/LRT to Block 59 C'Wealth Dr is Commonwealth MRT, about 515 m away (~8 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Commonwealth MRT515 m · ~8 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 priority381 m
- Queensway Secondary SchoolSecondary schoolwithin 1 km620 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 school1.9 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 59 C'Wealth Dr?
Buying a flat at Block 59 C'Wealth Dr (~S$320k) needs about S$2,551/mo in income and S$1,201/mo in repayments, after S$4,600 stamp duty and a S$80k downpayment.
Illustrative, for a buyer at the recent median resale price (S$320k) — 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$4,600
BSD, tiered
Downpayment (25%)
S$80k
cash + CPF
Monthly instalment
S$1,201/mo
25y @ 3.5%
Income required
S$2,551/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 59 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 59 C'Wealth Dr land close to the town median — fair value, no big premium.
Frequently asked questions about Block 59 C'Wealth Dr
How much does a 3-Room flat at Block 59 C'Wealth Dr cost?⌄
3-Room flats at Block 59 C'Wealth Dr have recently resold for a median of about S$320k (S$531 psf), from 161 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 59 C'Wealth Dr by flat type?⌄
2-Room ≈ S$152k; 3-Room ≈ S$320k; 4-Room ≈ S$280k (median resale, HDB caveats).
Is Block 59 C'Wealth Dr worth buying given its remaining lease?⌄
Block 59 C'Wealth Dr has about 44 years left on its 99-year lease (completed 1963). 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 59 C'Wealth Dr?⌄
Gross rental yield at Block 59 C'Wealth Dr is about 4.5%, based on a median subletting rent of about S$1,200/mo against a resale price of about S$320k. 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 59 C'Wealth Dr?⌄
For a flat at about S$320k on a 25-year HDB-style loan, you'd need roughly S$2,551/mo in household income, with repayments around S$1,201/mo after a S$80k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 59 C'Wealth Dr?⌄
The nearest MRT/LRT station to Block 59 C'Wealth Dr is Commonwealth MRT, about 515 m away (~8 min walk).
Which primary schools are within 1 km of Block 59 C'Wealth Dr?⌄
New Town Primary School is within 1 km of Block 59 C'Wealth Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.