40A Margaret Drive - 5 Units for Sale
40A Margaret Drive, a 99-year leasehold HDB flat, is one of the blocks among SkyOasis @ Dawson BTO in Queenstown estate.40A Margaret Drive lies in the midst of Queenstown, a mature estate on the city fringe where you can enjoy great accessibility to amenities such as food, shopping malls and schools. 40A Margaret Drive is a relatively new HDB flat with more than 90 years of lease remaining – this is highly coveted in Queenstown as most other flats in the area are much older. While SkyOasis @ Dawson commands a higher price tag than most HDB flats even in mature estates, it is for good reason. Residents enjoy great amenities and travel convenience to the Central Business District (CBD) and the upcoming Greater Southern Waterfront.The nearest MRT station to 40A Margaret Drive is Queenstown MRT (EW 19), which is 400m away. The nearest expressway from 40A Margaret Drive is Ayer Rajah Expressway (AYE), which is connected via Queensway.A variety of preschools are available for toddlers and young children within a 500m radius from 40A Margaret Drive. You have preschools like PCF Sparkletots, MyFirstSkool, Queenstown Good Shepherd Kindergarten, and True Way Presbyterian Kindergarten to choose from. For primary schools, there are Queenstown Primary School, New Town Primary School, Alexandra Hill Primary School, and Gan Eng Seng Primary School. Queenstown Secondary School, Bukit Merah Secondary School, and Queensway Secondary School are all within a 2km radius from SkyOasis @ Dawson.Alexandra Hospital is the closest healthcare facility to 40A Margaret Drive. The hospital is 1.25km away from SkyOasis @ Dawson.There are a few shopping malls around 40A Margaret Drive, namely Dawson Place, Anchorpoint Shopping Centre, Alexandra Central Mall, and Queensway Shopping Centre. Dawson Place is the nearest to SkyOasis @ Dawson at 700m while the rest are 1.2km away.You can easily find hawker food around 40A Margaret Drive as it is surrounded by four hawker centres: Tanglin Halt Market & Food Centre, Mei Ling Market & Food Centre, Alexandra Village Food Centre, and ABC Brickworks Food Centre. For restaurants, cafes and fine dining, look no further than the Dempsey area, which is less than 1km away from 40A Margaret Drive.Right at the doorstep of 40A Margaret Drive is Alexandra Canal Linear Park. The park is also linked to other parks via the Alexandra Park Connector. There are also two major green spaces to the North and South of 40A Margaret Drive: Singapore Botanic Garden to the North and Southern Ridges to the South. Southern Ridges is also connected to neighbouring parks like Kent Ridge Park and Mount Faber Park. The two parks are suitable for those who love to the outdoors. Sports facilities can also be found near SkyOasis @ Dawson at the nearby Queenstown Community Centre and Queenstown ActiveSG stadium.40A Margaret Drive is in a great city fringe location that is just five MRT stations away from the CBD. It is also extremely convenient for those who drive with a direct drive through Ganges Avenue/Havelock Road. Besides the CBD, SkyOasis @ Dawson also enjoys proximity to Mapletree Business City. Mapletree Business City is an up-and-coming suburban centre that is home to big tech companies like Google, SAP, and GovTech. As Singapore continues to attract tech giants to the city state, you may expect a growing number of job opportunities at Mapletree Business City.The 168-unit 40A Margaret Drive at SkyOasis @ Dawson has a unit mix of 3-room (84 units), 4-room (42 units) and 5-room (42 units) flats across 45 storeys.
DeveloperHousing & Development Board (HDB)
Explore PropertyGuru
Recent market search behaviour suggests the project remains on the radar of local property seekers, drawing on 30 days of PropertyGuru search activity in the Alexandra / Commonwealth area. This development continues to be a visible part of the local landscape for buyers evaluating their options in this district.
Most-searched Units: 2-BedroomPricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: S$ 900K
- Avg PSF: S$ 1,327 psf (32.83% lower compared to Alexandra / Commonwealth average of S$ 1,976 psf)
- Available Units: 1
- 3-Bedroom Units:
- Avg Asking Price: S$ 1.49M
- Avg PSF: S$ 1,456 psf (22.02% lower compared to Alexandra / Commonwealth average of S$ 1,867 psf)
- Available Units: 4
Location & Lifestyle Highlights — 40A Margaret Drive 410m (5 mins) to QUEENSTOWN MRT STATION — Direct access to the East-West Line makes for a quick and easy daily commute to the CBD and Jurong East. This modern HDB block at SkyOasis @ Dawson offers a rare chance to live in a fresh, high-floor home within a mature city-fringe estate. You get the best of both worlds here: the energy of a newer development and the established convenience of Queenstown's famous food and transport links. Nearby hotspots: MRT Stations:
- QUEENSTOWN MRT STATION (410m, 5 mins) — This nearby station connects you straight to the city center and major business hubs in just a few stops.
- QUEENSTOWN LIB (159m, 1-2 mins) — Just a short walk away for quick bus connections around the local neighborhood.
- BLK 30 (248m, 2-3 mins) — Convenient stop that provides more travel options for your daily errands.
- QUEENSTOWN PRIMARY SCHOOL (263m, 3-4 mins) — Having a reputable primary school so close by is a huge time-saver for parents during the morning school run.
- QUEENSTOWN GOOD SHEPHERD KINDERGARTEN (315m, 3-4 mins) — A very short walk for young children, making preschool drop-offs completely stress-free.
- CHILDREN'S COVE PRESCHOOL PTE.LTD. (330m, 3-4 mins) — Quality early childhood education is available right in the immediate vicinity.
- QUEENSTOWN POLYCLINIC (823m, 9-10 mins) — Reliable public healthcare services are within easy reach for regular check-ups and family wellness.
- UNITY (930m, 11-12 mins) — A handy pharmacy nearby for all your daily health essentials and household medical needs.
- SHENG SIONG (613m, 7-8 mins) — Perfect for your weekly grocery runs with a wide variety of fresh produce and affordable household items.
- FAIRPRICE (998m, 11-12 mins) — Another great supermarket option nearby for convenient daily shopping and essentials.
- ANCHORPOINT (1199m, 14-15 mins) — A popular local mall known for its outlet shopping and diverse retail stores.
- SKYVILLEDAWSON FOOD COURT (637m, 7-8 mins) — Enjoy a great variety of local hawker favorites in a modern and comfortable setting close to home.
- SUBWAY (926m, 11-12 mins) — A quick and easy option for a healthy grab-and-go meal during busy days.
- STIRLING SEAFOOD (1106m, 13-14 mins) — Great for family dinners and enjoying local seafood dishes without traveling far.
Market & Rental Insights
40A Margaret Drive presents a market profile characterized by strong income potential and emerging transaction activity.
- PSF Appreciation: Current market pricing stands at S$1,196 psf as of 2026.
- Expected Rental Yield: At 5.41%, this reflects a strong return for investors.
- Transactions:2 rental transactions in the last 6 months and 3 sale transactions in the last 12 months, showing modest rental and sale activity.
- PG Pulse Insight: With a strong rental yield of 5.41% and current pricing at S$1,196 psf, the project offers an attractive entry point for yield-focused investors despite modest transaction volumes.
Published date: November 4, 2026















