Block 62 C'Wealth Dr
62 C'wealth Dr, Singapore 140062
Block 62 C'Wealth Dr is an HDB block in Queenstown, completed in 1963, with 117 dwelling units. Across 176 resales on record, 3-Room flats have recently resold around S$298k (S$494 psf, 56 sqm). The lease has approximately 56 years remaining.
What are the key facts about Block 62 C'Wealth Dr?
Block 62 C'Wealth Dr is an HDB block in Queenstown, completed in 1963, with 117 dwelling units.
- Town
- Queenstown
- Planning area
- Queenstown
- Completed
- 1963
- Storeys
- 10
- Total units
- 117
- Flat model
- Standard
- Market segment
- RCR
- Median resale
- S$298k
- Last transacted
- Aug 2013
- Remaining lease
- ≈ 56 years
What are resale prices at Block 62 C'Wealth Dr?
3-Room flats have recently resold around S$298k (S$494 psf), from 176 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 2-Room | 55 | S$180,000recent | 46 sqm | S$364 psf |
| 3-Room | 121 | S$298,000recent | 56 sqm | S$463 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 Aug 2013.
What rent and yield does Block 62 C'Wealth Dr get?
Flats at Block 62 C'Wealth Dr have recently sublet for a median of S$1,600/mo, an indicative gross rental yield of about 6.4% (from 4 recent rental contracts).
Median rent
S$1,600/mo
4 recent contracts
Gross rental yield
6.4%
indicative, gross
Annual rent
S$19,200
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 4 | S$1,600/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 Nov 2021. Source: HDB rental (subletting) data.
What has recently sold at Block 62 C'Wealth Dr?
Block 62 C'Wealth Dr has 176 recorded resales; the most recent transacted at S$280,000 in Aug 2013 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Aug 2013 | 2-Room | 04 TO 06 | 46 sqm | S$280,000 |
| Feb 2013 | 2-Room | 04 TO 06 | 46 sqm | S$270,000 |
| Jun 2012 | 3-Room | 04 TO 06 | 56 sqm | S$329,000 |
| Mar 2012 | 3-Room | 06 TO 10 | 56 sqm | S$338,000 |
| Mar 2012 | 3-Room | 06 TO 10 | 56 sqm | S$331,000 |
| Dec 2011 | 3-Room | 01 TO 03 | 56 sqm | S$323,000 |
| Nov 2011 | 3-Room | 04 TO 06 | 66 sqm | S$329,000 |
| Jan 2011 | 3-Room | 07 TO 09 | 56 sqm | S$290,000 |
| Jan 2011 | 3-Room | 07 TO 09 | 56 sqm | S$298,000 |
| Jun 2010 | 2-Room | 04 TO 06 | 46 sqm | S$206,000 |
| May 2010 | 3-Room | 07 TO 09 | 66 sqm | S$310,000 |
| May 2010 | 3-Room | 04 TO 06 | 56 sqm | S$243,000 |
Where is Block 62 C'Wealth Dr?
Block 62 C'Wealth Dr is an HDB block in Queenstown.
Block 62 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 117 residential units based on the HDB property information dataset.
The address is Block 62 C'Wealth Dr, Singapore 140062. 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 463m away, around 7 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.
How far is Block 62 C'Wealth Dr from MRT and schools?
The nearest MRT/LRT to Block 62 C'Wealth Dr is Commonwealth MRT, about 463 m away (~7 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Commonwealth MRT463 m · ~7 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 priority358 m
- Queensway Secondary SchoolSecondary schoolwithin 1 km600 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 school1.9 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 62 C'Wealth Dr?
Buying a flat at Block 62 C'Wealth Dr (~S$298k) needs about S$2,376/mo in income and S$1,119/mo in repayments, after S$4,160 stamp duty and a S$75k downpayment.
Illustrative, for a buyer at the recent median resale price (S$298k) — 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$4,160
BSD, tiered
Downpayment (25%)
S$75k
cash + CPF
Monthly instalment
S$1,119/mo
25y @ 3.5%
Income required
S$2,376/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 62 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 62 C'Wealth Dr land close to the town median — fair value, no big premium.
Frequently asked questions about Block 62 C'Wealth Dr
How much does a 3-Room flat at Block 62 C'Wealth Dr cost?⌄
3-Room flats at Block 62 C'Wealth Dr have recently resold for a median of about S$298k (S$494 psf), from 176 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 62 C'Wealth Dr by flat type?⌄
2-Room ≈ S$180k; 3-Room ≈ S$298k (median resale, HDB caveats).
Is Block 62 C'Wealth Dr worth buying given its remaining lease?⌄
Block 62 C'Wealth Dr has about 56 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 62 C'Wealth Dr?⌄
Gross rental yield at Block 62 C'Wealth Dr is about 6.4%, based on a median subletting rent of about S$1,600/mo against a resale price of about S$298k. 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 62 C'Wealth Dr?⌄
For a flat at about S$298k on a 25-year HDB-style loan, you'd need roughly S$2,376/mo in household income, with repayments around S$1,119/mo after a S$75k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 62 C'Wealth Dr?⌄
The nearest MRT/LRT station to Block 62 C'Wealth Dr is Commonwealth MRT, about 463 m away (~7 min walk).
Which primary schools are within 1 km of Block 62 C'Wealth Dr?⌄
New Town Primary School is within 1 km of Block 62 C'Wealth Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.