Blk 40B Margaret Dr
Block 40B Margaret Drive, Queenstown · S142040 · 3 resale transactions since 2026
12 months to Oct 2026: median price, median $psf and number of sales. “Most” is the middle 80% of prices.
Price history
Each dot is one sale; the line is the median per quarter.
What's a flat here worth?
What a higher floor adds · 3-room
Around here, each floor up adds about 1.3% to the price of a 3-room flat in the same block. Storeys 10–12 sell for 8% more than storeys 04–06.
3-room sales over the last 5 years in blocks within 500 m in Queenstown, this one included (38 sales). Each sale is compared with its own block's median, so the figures show the floor alone, not newer or taller blocks; prices are brought to today with HDB's resale price index. View and facing also play a part.
Lease timeline
- Now (2026): 94 years left. The lease covers any buyer to age 95, so it doesn't limit CPF use or the loan. An HDB loan can run up to 25 years here.
- 2051: 70 years left. Full CPF use only if the youngest buyer is 25 or older.
- 2061: 60 years left. Full CPF use only if the youngest buyer is 35 or older.
- 2071: 50 years left. Full CPF use only if the youngest buyer is 45 or older.
- 2081: 40 years left. Full CPF use only if the youngest buyer is 55 or older.
- 2091: 30 years left. Full CPF use only if the youngest buyer is 65 or older.
- 2101: 20 years left. No more HDB loans: they must end 20 years before the lease.
- 2121: the lease ends and the flat goes back to HDB.
From HDB's rules as at October 2026: CPF use and the HDB loan are pro-rated when the remaining lease doesn't cover the youngest buyer to age 95, and HDB loans must end 20 years before the lease. Banks set their own limits on short leases. Rules change: check with HDB and CPF before you buy. How lease left affects price →
Block facts
- Lease
- 99 years from 2022 · 94 years left (ends 2121)
- Completed
- 2021
- Storeys
- 26
- Flats
- 150 (50 × 2-room, 100 × 3-room)
- Postal code
- Singapore 142040
- Nearest station
- Queenstown MRT · 170 m (about 3 min walk)
- Nearest hawker centre
- Margaret Drive Hawker Centre · 200 m
Primary schools nearby
Straight-line distance from the block. For Primary 1 registration, check the exact 1 km and 2 km distance with OneMap's school query.
Within 1 km
- Queenstown Primary School 190 m
- New Town Primary School 760 m
1–2 km
- Gan Eng Seng Primary School 1.6 km
Location
Nearby blocks · 3-room
| Block | Distance | Lease left | Median | $psf | Sales |
|---|---|---|---|---|---|
| Blk 40A Margaret Dr | 40 m | 94y | $810k | $1,194 | 2 |
| Blk 39A Margaret Dr | 60 m | 94y | $850k | $1,253 | 1 |
| Blk 41A Margaret Dr | 60 m | 94y | $830k | $1,224 | 1 |
| Blk 35 Margaret Dr | 170 m | 94y | $680k | $1,019 | 1 |
| Blk 33 Margaret Dr | 250 m | 94y | $818k | $1,226 | 1 |
| Blk 50 Stirling Rd | 280 m | 40y | $1.04M | $944 | 1 |
| Blk 52 Stirling Rd | 320 m | 40y | $881k | $906 | 1 |
| Blk 31 Margaret Dr | 320 m | 94y | $787k | $1,179 | 2 |
3-room sales over the last 24 months within 1.2 km.
All resale transactions
| Month | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|
| Sep 2026 | 3-room | 22–24 | 63 | Premium Apartment | 94y | $840,000 | $1,239 |
| Aug 2026 | 3-room | 13–15 | 63 | Premium Apartment | 94y | $780,000 | $1,150 |
| Jul 2026 | 3-room | 16–18 | 63 | Premium Apartment | 95y | $800,000 | $1,180 |