HDB Blocks Near Shenton Way MRT Station

Hdb Near Mrt Updated
Key Takeaways
  • Station: Shenton Way (Thomson-East Coast Line)
  • HDB blocks within 500m: 0
  • HDB blocks within 1km: 16
  • Avg resale price nearby: $996,050
  • Average block age: 25 years

Station Overview

Shenton Way is a station on the Thomson-East Coast Line. Station code: TE19.

The station is surrounded by HDB estates in CT, BM. There are 0 HDB blocks within comfortable walking distance (500m) and 16 within 1km, making this a moderately served MRT location for HDB residents.

Recent resale transactions indicate an average price of $996,050 for HDB flats near this station.

Key Finding
There are 0 HDB blocks within a 5–7 minute walk of Shenton Way MRT and 16 within 1km. Average resale price nearby is $996,050.

HDB Blocks Within 500m–1km

These 16 HDB blocks are within a 10–15 minute walk or short bus ride from Shenton Way MRT. While slightly further, these blocks often offer better value with lower resale prices.

HDB blocks within 1km of Shenton Way MRT
BlockRoad NameTownYear BuiltUnitsDistance
1TG PAGAR PLAZACT1976163630m
1CCANTONMENT RDCT2009264710m
1DCANTONMENT RDCT2009264720m
1BCANTONMENT RDCT2009264740m
1CANTONMENT RDCT2010760m
1ECANTONMENT RDCT2009264760m
1FCANTONMENT RDCT2009264760m
1GCANTONMENT RDCT2009264760m
1ACANTONMENT RDCT2009264790m
1AEVERTON PKBM2000860m
13CANTONMENT CLBM2000145860m
1EVERTON PKBM196595890m
16CANTONMENT CLBM2000145910m
12CANTONMENT CLBM2000145920m
11CANTONMENT CLBM2000145960m
17CANTONMENT CLBM2000116960m

Price Context

Based on 169 recent HDB resale transactions (last 2 years) for streets near Shenton Way MRT. The overall average resale price is $996,050.

HDB resale prices near Shenton Way MRT
StreetTransactionsAvg PriceMin PriceMax Price
CANTONMENT RD66$1,387,849$1,130,000$1,600,000
CANTONMENT CL41$945,214$630,000$1,251,888
TG PAGAR PLAZA39$561,864$425,000$828,000
EVERTON PK23$698,609$515,000$950,000

Flat Type & Size Analysis

Recent HDB resale transactions near Shenton Way MRT by flat type (last 2 years). 4 ROOM flats are the most actively traded with 82 transactions at an average price of $1,173,950. The price efficiency is $12,792/sqm.

Flat type and size breakdown near Shenton Way MRT
Flat TypeTransactionsAvg PriceAvg SizePrice/sqm
4 ROOM82$1,173,95091.3 sqm$12,792/sqm
3 ROOM54$558,25665.5 sqm$8,620/sqm
5 ROOM33$1,270,387113.7 sqm$11,480/sqm

Storey Premium Analysis

Floor level significantly affects HDB resale prices near Shenton Way MRT. The table below shows average prices by storey range (last 2 years), with premium calculated relative to the overall average of $996,050.

High-floor units (19+) command a 58.9% premium over ground-floor units near this station. This is above the national HDB average floor premium.

Storey premium near Shenton Way MRT
Storey BandTransactionsAvg PricePremium
Ground (01–03)10$792,400-20.4%
Low (04–09)38$755,053-24.2%
Mid (10–18)49$838,513-15.8%
High (19+)72$1,258,741+26.4%

Recent Price Trend

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

Over this period, average resale prices have remained stable, from $1,044,824 to $1,045,290.

Price trend near Shenton Way MRT
QuarterTransactionsAvg Price
2025-Q212$1,044,824
2025-Q330$1,032,293
2025-Q414$941,956
2026-Q113$1,045,290

Rental Market & Yield

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

rental market near Shenton Way MRT
Flat TypeRental TxnsAvg Monthly RentEst. Yield
4-ROOM299$4,397/mo
3-ROOM265$3,145/mo
5-ROOM152$4,832/mo

Block Age Profile

The 16 HDB blocks within 1km of Shenton Way MRT range from 2010 to 1965 (built), with an average age of 25 years.

Block age distribution near Shenton Way MRT
BuiltBlocksShare
1960s16.3%
1970s16.3%
2000s1381.3%
2010s16.3%

2 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 Shenton Way MRT?
There are 0 HDB blocks within 500m (walking distance) and 16 within 1km of Shenton Way MRT station.
What is the average HDB resale price near Shenton Way MRT?
The average HDB resale price for blocks near Shenton Way MRT is approximately $996,050 based on transactions from the last 2 years.
Which flat type is most common near Shenton Way MRT?
4 ROOM flats are the most actively traded near Shenton Way MRT, with 82 resale transactions in the last 2 years at an average price of $1,173,950.
How old are HDB blocks near Shenton Way MRT?
HDB blocks within 1km of Shenton Way MRT have an average age of 25 years, ranging from 2010 to 1965.

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.