Type

Units

Min Area

Price Range

2 BR

753 sqft

S$950K

3 BR

893 sqft

S$1.3M – S$1.3M

Type

Units

Min Area

Price Range

3 BR

893 sqft

S$4,900/mo

Property Highlights

HDB development with 5 units currently available.
Prices currently range from S$4,900 to S$1.3M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$980 on this acquisition.
80% of current units are for sale, from S$950K; 20% are for rent, from S$4,900/mo.
Located 11 min (940 m) from EW19 Queenstown MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

96 Dawson Road: A Mature HDB Development in Queenstown's Heart

96 Dawson Road stands as an established Housing and Development Board property in the Queenstown area, one of Singapore's most sought-after residential neighbourhoods. Located in District 3, this development has long been recognised for its strategic positioning within a mature, well-serviced residential community that appeals to a broad spectrum of homeowners and investors seeking stability and accessibility.

The development benefits from exceptional transport connectivity, positioned just 940 metres—approximately an 11-minute walk—from Queenstown MRT Station on the East–West Line (EW19). This proximity to the MRT network significantly enhances daily commute efficiency, allowing residents to reach the city centre, suburban employment hubs, and leisure destinations with ease. The station's central location on the East–West Line ensures multiple direct connections across the island without transfers required for most major business districts.

Location and Neighbourhood Character

Queenstown is among Singapore's most established residential precincts, developed over several decades with comprehensive planning that integrates residential, commercial, and recreational spaces. The area surrounding 96 Dawson Road embodies this mature development philosophy, with tree-lined streets, well-maintained green spaces, and a strong community character. Residents enjoy proximity to Queenstown Shopping Centre and Commonwealth Avenue's retail and dining options, providing everyday convenience without requiring lengthy journeys.

The neighbourhood is home to quality schools, medical facilities, and parks that support multigenerational living. Parents appreciate the area's reputation for safety and community engagement, whilst older residents benefit from nearby healthcare services and social infrastructure tailored to mature neighbourhoods. This balanced environment has sustained strong residential demand throughout market cycles.

Development and Unit Characteristics

The units at 96 Dawson Road offer practical floor areas around 893 sqft, which is considered spacious by HDB standards for three-bedroom configurations. This generous footprint allows for comfortable room layouts, functional kitchens, and living areas that accommodate family life without compromising on usable space. The development's age and established nature mean units typically feature proven construction quality and durability that has withstood decades of occupancy.

Multiple unit types and configurations are available throughout the development, catering to diverse buyer preferences. Whether upgraders seeking more space, families requiring additional bedrooms, or investors building property portfolios, the range of available units provides flexibility in selection. The variation in unit layouts and floor levels creates opportunities for buyers to identify properties that align with their specific requirements and investment thesis.

Investment and Resale Potential

Properties in Queenstown have demonstrated consistent capital appreciation relative to other HDB precincts, supported by the area's maturity, excellent connectivity, and sustained demand. The proximity to EW19 Queenstown MRT Station acts as a significant demand driver, as transport accessibility remains a primary consideration for homebuyers and tenants alike. The area's well-established reputation and long track record of residential stability provide confidence for long-term investors.

Resale velocity in Queenstown remains brisk, reflecting sustained buyer interest across economic cycles. The broad appeal of the neighbourhood—combining mature infrastructure, transport links, and community amenities—ensures a steady pool of potential purchasers. This liquidity is particularly valuable for investors who may need to execute transactions within specific timeframes without prolonged marketing periods.

Rental Market and Investment Yields

Queenstown's rental market remains active, with consistent demand from expat families, young professionals, and investors seeking properties in established neighbourhoods with proven school catchments and amenities. The area's maturity and proven track record attract tenants willing to commit to medium and long-term leases. Rental yields for comparable HDB properties in the area have historically supported investor returns, particularly for units attracting multi-bedroom demand or families upgrading within the same neighbourhood.

The proximity to Queenstown MRT Station enhances rental appeal, as convenience to public transport is a primary factor for tenant selection. Properties offering easy station access and walkable proximity to shops and schools command stronger tenant interest and command competitive rental rates within the HDB market segment.

Financing and Buyer Suitability

First-time homebuyers often view Queenstown developments as an attractive entry point, combining affordability relative to private residential properties with mature neighbourhood quality and proven infrastructure. The availability of Housing Development Board financing schemes and grant programmes further supports accessibility for first-time purchasers building their property journey.

Upgraders moving from smaller units seek 96 Dawson Road's generous floor areas and flexible layouts, which provide meaningful lifestyle improvement without the premium pricing of newer, adjacent private developments. Investors appreciate the stable capital growth trajectory and rental demand that Queenstown maintains, whilst higher-net-worth individuals may view HDB properties as portfolio diversification or legacy assets for family members.

Market Context and Pricing

Pricing at 96 Dawson Road reflects the development's established status, transport connectivity, and Queenstown's position as a mature, in-demand neighbourhood. Recent transactions in the Queenstown precinct have maintained strong price-per-square-foot levels, supported by the area's enduring popularity and limited new supply in the immediate vicinity. The per-square-foot valuation aligns with comparable three-bedroom units across the East–West Line corridor, positioning the development competitively within its market segment.

Prospective buyers should benchmark pricing against recent arm's-length transactions in the area to assess fair value relative to floor area, unit orientation, floor level, and amenity access. The development's established nature means historical sales data provides reliable reference points for valuation analysis across different unit types and configurations.

Future Outlook and Supply Dynamics

Queenstown's position within Singapore's residential hierarchy remains secure, as the neighbourhood's maturity and comprehensive infrastructure make it unlikely to face significant disruption from newer competing developments. The area's limited remaining development land means new supply will remain constrained, providing underlying support for existing property values through supply scarcity dynamics. This structural undersupply favours long-term holders and investors with patient capital.

The East–West Line's continued role as a critical transport artery ensures that properties with strong MRT accessibility maintain premium positioning relative to peripheral locations. Any future transport enhancements or connectivity improvements would likely reinforce Queenstown's appeal rather than diminish it, as the neighbourhood is already well-serviced by existing infrastructure.

Frequently Asked Questions

What rental yield might an investor expect from purchasing a unit at 96 Dawson Road as an investment property?

Queenstown's established status and proximity to Queenstown MRT Station (EW19) support consistent tenant demand, with rental yields typically ranging between 2.5% and 3.5% depending on unit configuration, floor level, and lease terms negotiated. Three-bedroom units attract families and small expatriate households, which command higher absolute rental rates than smaller configurations. The area's reputation for good schools and mature community amenities increases tenant willingness to commit to longer lease periods, supporting stable yield generation. Investors should factor in HDB regulations governing rental periods and management requirements when modelling cash-on-cash returns.

How does the price per square foot at 96 Dawson Road compare to recent transactions in Queenstown?

Recent transacted three-bedroom HDB units in Queenstown have traded at price-per-square-foot levels broadly consistent with 96 Dawson Road's current offerings, reflecting stable market valuation for the area. The development's established character and proximity to EW19 Queenstown MRT support price levels that align with high-quality older HDB stock in the district rather than premium older urban neighbourhoods. Buyers should review recent arm's-length sales data from the Urban Redevelopment Authority's transactions records to validate that offered prices reflect current market rates for comparable floor areas and unit orientations. Variations based on floor level, aspect, and proximity to lifts or facilities should be expected across the development's stock.

What Additional Buyer's Stamp Duty would apply if I purchase 96 Dawson Road as a second residential property?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price, applied on top of the standard Buyer's Stamp Duty. For an HDB property at 96 Dawson Road priced around S$1.32 million, the ABSD liability would be approximately S$264,000, significantly increasing the total cost of acquisition. This duty applies whether the first property is private residential or another HDB unit, and cannot be recovered later if the second property is subsequently sold. Prospective second-property buyers should engage a conveyancing professional to model the full cost of acquisition including ABSD, as this tax represents a material expense affecting overall investment returns and financing requirements.

Should I be concerned about lease decay and resale value impact if I purchase at 96 Dawson Road?

HDB leasehold properties follow a 99-year lease structure from the point of original construction, which means the lease length depends on when the development was first built. As the lease approaches 80 years remaining, HDB provides lease renewal options at subsidised rates for eligible homeowners, which has historically maintained property values despite lease decay concerns. Buyers should verify the current lease balance when considering purchase; properties with shorter leases may be more suitable for owner-occupiers rather than investors, as financiers and subsequent buyers may face lending constraints as the lease shortens further. The HDB's longstanding lease renewal framework has prevented catastrophic value destruction seen in some private leasehold markets, but understanding the current lease length remains essential for informed decision-making.

How does proximity to Queenstown MRT Station (EW19) influence demand and capital appreciation for 96 Dawson Road?

The 11-minute walk to Queenstown MRT Station on the East–West Line significantly enhances property demand and supports sustained capital appreciation, as transport accessibility consistently ranks as a primary homebuyer and tenant selection criterion. Properties within 800 metres of MRT stations historically command price premiums relative to peripheral locations, reflecting the economic value of commute time savings and unrestricted connectivity to employment centres across the island. Queenstown's position on the East–West Line—a critical transport artery connecting the east coast to city centres without requiring transfers—amplifies this connectivity premium. The development's established track record of strong price growth partially reflects this transport advantage; future transport enhancements or line extensions would likely reinforce rather than diminish this positioning, providing downside protection for buyers concerned about neighbourhood evolution.

Which buyer profiles are most suited to purchasing at 96 Dawson Road—first-timers, upgraders, investors, or HNW individuals?

96 Dawson Road appeals across multiple buyer segments: first-time homebuyers benefit from HDB financing schemes, lower entry costs relative to private residential, and the neighbourhood's proven quality and community infrastructure; upgraders appreciate the spacious floor areas (around 893 sqft) and established neighbourhood maturity relative to newer developments; investors favour the rental market liquidity and consistent capital appreciation in the Queenstown precinct; and higher-net-worth individuals may view HDB properties as portfolio diversification, legacy assets for family members, or downsize options from larger private residences. The development's broad appeal across buyer profiles ensures sustained demand across economic cycles, supporting market liquidity for future resale or rental deployment.

What is my Total Debt Servicing Ratio (TDSR) headroom at typical price points for 96 Dawson Road, and what financing is typically available?

For a property priced around S$1.32 million, first-time HDB buyers can typically access housing loans of up to 80% of the purchase price (or S$1.056 million) through banks and the Housing Development Board, with a 25-year maximum loan tenure. This financing structure, combined with HDB's concessional mortgage rates, means the monthly servicing cost is substantially lower than equivalent private residential financing, supporting TDSR headroom for buyers with stable income sources. HDB borrowers enjoy TDSR caps of up to 55% (compared to bank-regulated thresholds for private properties), allowing greater loan quantum for a given income level. Second-property investors must structure financing through banks alone, as HDB loan access is restricted to owner-occupier purchases; this typically results in higher interest rates and stricter TDSR assessment, reducing borrowing capacity relative to first-time buyers. Professional mortgage brokers can model precise financing structures based on individual income profiles.

How does 96 Dawson Road compare to nearby competing HDB developments in Queenstown or adjacent areas?

Queenstown's limited remaining land area means competing HDB new launches or resale supply remains constrained within the immediate precinct, with most alternative stock comprising similarly aged or older developments along the East–West Line corridor. Properties in adjacent areas such as Bukit Merah or Tiong Bahru may offer comparable floor areas and lease structures but often command higher price-per-square-foot valuations due to their proximity to the Central Business District or specialised amenity clusters. 96 Dawson Road's position on the western flank of Queenstown offers good MRT accessibility without the premium pricing of the most central Queenstown addresses, potentially offering better value for buyers prioritising cost-efficiency whilst retaining full transport and neighbourhood benefits. Comparing recent transacted prices across the broader East–West Line HDB corridor helps contextualise 96 Dawson Road's positioning relative to alternatives in adjacent precincts.

Which unit stacks or floor levels at 96 Dawson Road offer the best value for buyers or investors?

Mid-range floors (typically 3rd to 5th levels) at 96 Dawson Road often represent optimal value, balancing reduced exposure to ground-level noise or dust against the minimal price premium charged relative to higher floors in many mature HDB developments. Higher floors command property-wide views and natural ventilation benefits, supporting stronger rental appeal and capital appreciation, but investors should weigh the price uplift against the incremental rental yield improvement realistically achievable in the local market. Lower floors adjacent to lift cores or staircases may price at discounts that exceed their actual amenity impact, creating value opportunities for cost-conscious buyers unconcerned with vista or ventilation hierarchy. Unit orientation towards the main road (Dawson Road itself) versus internal courtyards significantly influences natural light and external noise; southern and eastern aspects typically command premiums relative to western-facing units. Prospective buyers should inspect multiple floor levels and stacks to identify personal preferences before finalising purchase decisions, as unit-specific characteristics often drive value more significantly than headline pricing.

What is the future supply pipeline for HDB developments in the Queenstown district, and how might this affect long-term property values?

Queenstown's mature status and limited remaining vacant land mean future new HDB supply within the precinct is constrained, likely confined to small-scale infill projects or en-bloc redevelopment opportunities rather than major new launches. The Housing and Development Board's broader supply strategy focuses on growth areas further from the city centre, reducing competition for established Queenstown stock from newer developments. This structural undersupply of new competing units provides underlying support for existing properties' relative value positioning, as buyers seeking Queenstown's specific neighbourhood characteristics and transport connectivity face limited alternatives. Any future HDB regeneration or estate renewal initiatives in Queenstown would likely enhance surrounding amenity and transport infrastructure rather than detract from existing properties, further underpinning long-term value stability. Investors with patient capital benefit from this constrained supply dynamic, as demand for Queenstown's proven neighbourhood quality and connectivity will likely sustain or exceed supply as other precincts mature.

Hdb Flat At 96 Dawson Road — From S$4,900