HDB Blocks Near Farrer Road MRT Station

Hdb Near Mrt Updated
Key Takeaways
  • Station: Farrer Road (Circle Line)
  • HDB blocks within 500m: 1
  • HDB blocks within 1km: 1
  • Avg resale price nearby: $628,111
  • Average block age: 52 years

Station Overview

Farrer Road is a station on the Circle Line. Station code: CC20.

The station is surrounded by HDB estates in BT. 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 $628,111 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 Farrer Road MRT. Proximity to MRT typically commands a resale premium of 5–15% compared to blocks further away.

HDB blocks within 500m of Farrer Road MRT
BlockRoad NameTownYear BuiltUnitsDistance
1QUEEN'S RDBT19748860m
Key Finding
There are 1 HDB blocks within a 5–7 minute walk of Farrer Road MRT and 1 within 1km. Average resale price nearby is $628,111.

Price Context

Based on 17 recent HDB resale transactions (last 2 years) for streets near Farrer Road MRT. The overall average resale price is $628,111.

HDB resale prices near Farrer Road MRT
StreetTransactionsAvg PriceMin PriceMax Price
QUEEN'S RD17$628,111$450,000$990,000

Flat Type & Size Analysis

Recent HDB resale transactions near Farrer Road MRT by flat type (last 2 years). 4 ROOM flats are the most actively traded with 8 transactions at an average price of $608,111. The price efficiency is $6,723/sqm.

Flat type and size breakdown near Farrer Road MRT
Flat TypeTransactionsAvg PriceAvg SizePrice/sqm
4 ROOM8$608,11190.5 sqm$6,723/sqm
3 ROOM6$478,33371.5 sqm$6,711/sqm
5 ROOM3$981,000120.0 sqm$8,175/sqm

Storey Premium Analysis

Floor level significantly affects HDB resale prices near Farrer Road MRT. The table below shows average prices by storey range (last 2 years), with premium calculated relative to the overall average of $628,111.

High-floor units (19+) command a 53.9% premium over ground-floor units near this station. This is above the national HDB average floor premium.

Storey premium near Farrer Road MRT
Storey BandTransactionsAvg PricePremium
Ground (01–03)1$638,888+1.7%
Low (04–09)10$572,500-8.9%
Mid (10–18)5$666,200+6.1%
High (19+)1$983,000+56.5%

Recent Price Trend

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

Over this period, average resale prices have decreased by 26.7%, from $638,000 to $467,500.

Price trend near Farrer Road MRT
QuarterTransactionsAvg Price
2025-Q31$638,000
2025-Q42$775,000
2026-Q12$467,500

Rental Market & Yield

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

rental market near Farrer Road MRT
Flat TypeRental TxnsAvg Monthly RentEst. Yield
3-ROOM30$3,060/mo
4-ROOM24$3,607/mo
5-ROOM3$5,187/mo

Block Age Profile

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

Block age distribution near Farrer Road 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 Farrer Road MRT?
There are 1 HDB blocks within 500m (walking distance) and 1 within 1km of Farrer Road MRT station.
What is the average HDB resale price near Farrer Road MRT?
The average HDB resale price for blocks near Farrer Road MRT is approximately $628,111 based on transactions from the last 2 years.
Which flat type is most common near Farrer Road MRT?
4 ROOM flats are the most actively traded near Farrer Road MRT, with 8 resale transactions in the last 2 years at an average price of $608,111.
How old are HDB blocks near Farrer Road MRT?
HDB blocks within 1km of Farrer Road 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.