50 Commonwealth Drive

50 Commonwealth Drive is a leasehold (99 Yrs From 2015) HDB property completed in 2015. It is located along Commonwealth Drive in Queenstown HDB Town, in the Central Region. It is accessible through the nearest MRTs including Commonwealth EW20 and Buona Vista CC22, EW21.

Other nearby amenities include 1 Grocerie: SHENG SIONG SUPERMARKET PTE LTD, and 1 Shopping Mall: Galaxis.

This development consists of 106 units of 3-room flats, 133 units of 4-room flats, and 39 units of 5-room flats. Based on transaction data in the last 12 months, sale prices range from S$ 600,000 to S$ 1,200,000 and rents range from S$ 2,400 psf to S$ 5,300 psf.

Buyers and tenants are attracted to Queenstown HDB town, a residential town in Singapore's Central Region. The town was named after Queen Elizabeth II to mark her coronation in 1952. In addition to being a well-developed housing estate, Queenstown houses the headquarters of Grab and Razer. It is also moving towards being a self-sufficient estate with the construction of amenities such as a sports complex and a town centre. Due to its central strategic location, coupled with amenities and education opportunities, property prices in the vicinity have been driven upward in recent years, making it a very attractive prospect for investors.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.