HDB Blocks Near Promenade MRT Station

Hdb Near Mrt Updated
Key Takeaways
  • Station: Promenade (Circle Line, Downtown Line) — Interchange
  • HDB blocks within 500m: 0
  • HDB blocks within 1km: 1
  • Avg resale price nearby: $485,464
  • Average block age: 52 years

Station Overview

Promenade is a station on the Circle Line, Downtown Line, serving as a major interchange station. Station codes: CC4, DT15.

The station is surrounded by HDB estates in KWN. There are 0 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.

Key Finding
There are 0 HDB blocks within a 5–7 minute walk of Promenade MRT and 1 within 1km. Average resale price nearby is $485,464.

HDB Blocks Within 500m–1km

These 1 HDB blocks are within a 10–15 minute walk or short bus ride from Promenade MRT. While slightly further, these blocks often offer better value with lower resale prices.

HDB blocks within 1km of Promenade MRT
BlockRoad NameTownYear BuiltUnitsDistance
15BEACH RDKWN197476650m

Price Context

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

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

Flat Type & Size Analysis

Recent HDB resale transactions near Promenade 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 Promenade 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 Promenade 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 Promenade 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 Promenade 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 Promenade 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 Promenade MRT (last 2 years). MRT proximity typically boosts rental demand, making these units attractive for both tenants and investors.

rental market near Promenade 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 Promenade MRT range from 1974 to 1974 (built), with an average age of 52 years.

Block age distribution near Promenade 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 Promenade MRT?
There are 0 HDB blocks within 500m (walking distance) and 1 within 1km of Promenade MRT station.
What is the average HDB resale price near Promenade MRT?
The average HDB resale price for blocks near Promenade MRT is approximately $485,464 based on transactions from the last 2 years.
Which flat type is most common near Promenade MRT?
3 ROOM flats are the most actively traded near Promenade MRT, with 17 resale transactions in the last 2 years at an average price of $456,980.
How old are HDB blocks near Promenade MRT?
HDB blocks within 1km of Promenade 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.