Cheapest HDB Flats in Queenstown (2026)
The most affordable HDB block in Queenstown is Block 18 at Ghim Moh Road, with a median resale price of $245,000 as of May 2026. This block was built in 1977 and has 50 years of lease remaining.
10 Most Affordable HDB Blocks in Queenstown
| Rank | Block | Street | Median Price | 5-Yr Trend | Built | Lease Left |
|---|---|---|---|---|---|---|
| #1 | Block 18 | Ghim Moh Road | $245,000 | — | 1977 | 50 years |
| #2 | Block 102 | Commonwealth Crescent | $260,000 | +36.4% | 1970 | 43 years |
| #3 | Block 92 | Commonwealth Drive | $260,000 | — | 1967 | 42 years |
| #4 | Block 90 | Commonwealth Drive | $270,000 | — | 1967 | 42 years |
| #5 | Block 86 | Commonwealth Close | $276,500 | — | 1967 | 41 years |
| #6 | Block 82 | Commonwealth Close | $279,500 | +33.0% | 1967 | 40 years |
| #7 | Block 95 | Commonwealth Drive | $282,500 | +34.6% | 1967 | 40 years |
| #8 | Block 110 | Commonwealth Crescent | $283,000 | — | 1969 | 41 years |
| #9 | Block 101 | Commonwealth Crescent | $283,500 | +11.5% | 1970 | 43 years |
| #10 | Block 89 | Commonwealth Drive | $285,000 | +38.9% | 1967 | 40 years |
Cheapest HDB Blocks in Queenstown by Flat Type
2 Room
| Rank | Block | Street | Median Price | 5-Yr Trend | Lease Left |
|---|---|---|---|---|---|
| #1 | Block 18 | Ghim Moh Road | $245,000 | — | 50 years |
| #2 | Block 102 | Commonwealth Crescent | $260,000 | +36.4% | 43 years |
| #3 | Block 92 | Commonwealth Drive | $260,000 | — | 42 years |
| #4 | Block 90 | Commonwealth Drive | $270,000 | — | 42 years |
| #5 | Block 86 | Commonwealth Close | $276,500 | — | 41 years |
3 Room
| Rank | Block | Street | Median Price | 5-Yr Trend | Lease Left |
|---|---|---|---|---|---|
| #1 | Block 102 | Commonwealth Crescent | $260,000 | +36.4% | 43 years |
| #2 | Block 92 | Commonwealth Drive | $260,000 | — | 42 years |
| #3 | Block 90 | Commonwealth Drive | $270,000 | — | 42 years |
| #4 | Block 86 | Commonwealth Close | $276,500 | — | 41 years |
| #5 | Block 82 | Commonwealth Close | $279,500 | +33.0% | 40 years |
4 Room
| Rank | Block | Street | Median Price | 5-Yr Trend | Lease Left |
|---|---|---|---|---|---|
| #1 | Block 102 | Commonwealth Crescent | $260,000 | +36.4% | 43 years |
| #2 | Block 82 | Commonwealth Close | $279,500 | +33.0% | 40 years |
| #3 | Block 99 | Commonwealth Crescent | $300,000 | +3.8% | 44 years |
| #4 | Block 88 | Commonwealth Close | $307,500 | +25.9% | 40 years |
| #5 | Block 98 | Commonwealth Crescent | $317,500 | — | 44 years |
5 Room
| Rank | Block | Street | Median Price | 5-Yr Trend | Lease Left |
|---|---|---|---|---|---|
| #1 | Block 2 | Dover Road | $335,000 | +16.0% | 49 years |
| #2 | Block 5 | Ghim Moh Road | $353,500 | +32.4% | 49 years |
| #3 | Block 31 | Holland Close | $355,000 | +5.4% | 47 years |
| #4 | Block 32 | Holland Close | $355,000 | +12.9% | 47 years |
| #5 | Block 163 | Stirling Road | $355,000 | +18.1% | 42 years |
Executive
| Rank | Block | Street | Median Price | 5-Yr Trend | Lease Left |
|---|---|---|---|---|---|
| #1 | Block 22 | Dover Crescent | $885,000 | — | 66 years |
| #2 | Block 147 | Mei Ling Street | $974,000 | — | 69 years |
| #3 | Block 149 | Mei Ling Street | $998,500 | — | 71 years |
| #4 | Block 148 | Mei Ling Street | $1,100,000 | — | 68 years |
| #5 | Block 150 | Mei Ling Street | $1,228,000 | +15.1% | 69 years |
Why Block 18 Ghim Moh Road Is the Most Affordable
Block 18 Ghim Moh Road has the lowest median resale price in Queenstown at $245,000. It was built in 1977 and has 50 years of remaining lease, against a town-wide median of 51 years.
The 10 most affordable blocks in Queenstown average 42 years of lease remaining and a +30.9% five-year trend. Lower prices in Queenstown typically reflect shorter remaining leases, smaller flat types, or lower floor levels. Flats with under 60 years of remaining lease face restrictions on CPF usage and HDB loan eligibility, which compresses the buyer pool and tends to keep prices lower.
See all blocks in Queenstown →
Frequently Asked Questions
What is the cheapest HDB flat in Queenstown?
The most affordable HDB block in Queenstown is Block 18 Ghim Moh Road with a median price of $245,000.
Can I use CPF for older HDB flats in Queenstown?
CPF can be used for HDB flats with at least 20 years of remaining lease at the point of purchase. The oldest blocks in Queenstown have 39 years left. Check individual block pages for details.
Why are some HDB flats in Queenstown so cheap?
Lower-priced HDB flats in Queenstown are typically older blocks with shorter remaining leases, smaller flat types (1-2 room), or located on lower floors. Lease decay accelerates as the remaining lease shortens.
How much is a budget HDB flat in Queenstown?
The 10 most affordable HDB blocks in Queenstown have median prices ranging from $245,000 to $285,000.
Is it worth buying a cheap HDB flat in Queenstown?
Affordable flats in Queenstown can offer value for buyers on a budget, but shorter leases mean faster depreciation. Use our lease decay projections on individual block pages to assess long-term value. This is not financial advice.
Are the cheapest HDB blocks in Queenstown appreciating in value?
The 10 most affordable blocks in Queenstown have shown an average five-year trend of +30.9%. Individual block performance varies significantly. Past performance does not guarantee future results.
Related Questions
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