HDB Blocks Near Esplanade MRT Station

Hdb Near Mrt Updated
Key Takeaways
  • Station: Esplanade (Circle Line)
  • HDB blocks within 500m: 1
  • HDB blocks within 1km: 1
  • Avg resale price nearby: $485,464
  • Average block age: 52 years

Station Overview

Esplanade is a station on the Circle Line. Station code: CC3.

The station is surrounded by HDB estates in KWN. There are 1 HDB blocks within comfortable walking distance (500m) and 1 within 1km, making this a moderately served MRT location for HDB residents.

Recent resale transactions indicate an average price of $485,464 for HDB flats near this station.

HDB Blocks Within 500m (Walking Distance)

These 1 HDB blocks are within a comfortable 5–7 minute walk of Esplanade MRT. Proximity to MRT typically commands a resale premium of 5–15% compared to blocks further away.

HDB blocks within 500m of Esplanade MRT
BlockRoad NameTownYear BuiltUnitsDistance
15BEACH RDKWN197476240m
Key Finding
There are 1 HDB blocks within a 5–7 minute walk of Esplanade MRT and 1 within 1km. Average resale price nearby is $485,464.

Price Context

Based on 23 recent HDB resale transactions (last 2 years) for streets near Esplanade MRT. The overall average resale price is $485,464.

HDB resale prices near Esplanade MRT
StreetTransactionsAvg PriceMin PriceMax Price
BEACH RD23$485,464$300,000$912,000

Flat Type & Size Analysis

Recent HDB resale transactions near Esplanade MRT by flat type (last 2 years). 3 ROOM flats are the most actively traded with 17 transactions at an average price of $456,980. The price efficiency is $6,650/sqm.

Flat type and size breakdown near Esplanade MRT
Flat TypeTransactionsAvg PriceAvg SizePrice/sqm
3 ROOM17$456,98068.7 sqm$6,650/sqm
4 ROOM3$616,66777.0 sqm$8,009/sqm
2 ROOM2$317,50042.0 sqm$7,560/sqm
5 ROOM1$912,000153.0 sqm$5,961/sqm

Storey Premium Analysis

Floor level significantly affects HDB resale prices near Esplanade MRT. The table below shows average prices by storey range (last 2 years), with premium calculated relative to the overall average of $485,464.

Storey premium near Esplanade MRT
Storey BandTransactionsAvg PricePremium
Low (04–09)14$491,913+1.3%
Mid (10–18)8$441,111-9.1%
High (19+)1$750,000+54.5%

Recent Price Trend

Quarterly average resale prices for HDB blocks near Esplanade MRT over the last 4 quarters.

Over this period, average resale prices have increased by 33.6%, from $465,000 to $621,444.

Price trend near Esplanade MRT
QuarterTransactionsAvg Price
2025-Q21$465,000
2025-Q33$458,333
2025-Q44$595,472
2026-Q12$621,444

Rental Market & Yield

Rental transactions for HDB flats on streets near Esplanade MRT (last 2 years). MRT proximity typically boosts rental demand, making these units attractive for both tenants and investors.

rental market near Esplanade MRT
Flat TypeRental TxnsAvg Monthly RentEst. Yield
3-ROOM63$2,871/mo
4-ROOM33$3,133/mo
2-ROOM4$2,538/mo

Block Age Profile

The 1 HDB blocks within 1km of Esplanade MRT range from 1974 to 1974 (built), with an average age of 52 years.

Block age distribution near Esplanade MRT
BuiltBlocksShare
1970s1100%

1 blocks were built before 1990 (over 35 years old). Older blocks may face lease decay considerations for buyers — remaining lease affects CPF usage and loan tenure. Consider checking the Lease Decay Calculator for impact analysis.

FAQ

How many HDB blocks are near Esplanade MRT?
There are 1 HDB blocks within 500m (walking distance) and 1 within 1km of Esplanade MRT station.
What is the average HDB resale price near Esplanade MRT?
The average HDB resale price for blocks near Esplanade MRT is approximately $485,464 based on transactions from the last 2 years.
Which flat type is most common near Esplanade MRT?
3 ROOM flats are the most actively traded near Esplanade MRT, with 17 resale transactions in the last 2 years at an average price of $456,980.
How old are HDB blocks near Esplanade MRT?
HDB blocks within 1km of Esplanade MRT have an average age of 52 years, ranging from 1974 to 1974.

Methodology & Sources

This analysis covers the latest available data and is updated as new data becomes available.

Transaction data sourced from URA REALIS.

  • Distances calculated using haversine formula.
  • Resale and rental data from HDB via data.gov.sg.
  • Storey premium and size analysis based on transactions from the last 2 years.

Median values used to minimize outlier impact. PSF = price per square foot.