District 05 · Queenstown · RCR
Landed Housing Development
Neo Pee Teck Lane · Terrace · Freehold
Current PSF
$2,178
+31.0% vs district median
Gross yield
1.9%
median rent $9,300/mo
3-year gain
15.4%
Transactions · 5y
5,418
1,237 in last 12 months
Nearest MRT
Kent Ridge Mrt Station · 1,722.948m
CCL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
-
Area income
$9,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.2%
flip ratio, last 24 months
Price spread
33%
PSF dispersion within project
The neighbourhood
P1 ring
The Japanese Primary School 877m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Kent Ridge Secondary School · 1.1km
Food
Clementi West Street 2 Blk 726 · 1.4km
Green
West Coast Park · 358m - 2 parks within 1km
Health
National University Hospital (hospital) · 1.5km
Who lives in Queenstown
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
95,930
Median age
45 yrs
43% under 40 · getting older
Children 0–9
8,260
▼ 8% since 2015 · future P1 demand
Household size
2.8 avg
Homes
82% HDB
12% condo · 4% landed
Degree holders
37%
residents 15+
Commute
62% transit
19% drive
45 min+ to work
19%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
The launch, by the record
developer sales + new-sale caveats · URA - the numbers a brochure won’t print
Sold to date
0 / 6
0% taken up · 26 '06
Median price
$0k
$0k–$0k band
Unit sizes sold
2852 sqft
1615–14843 sqft range
Still available
6
units unsold
What actually sold · by strata size (sqft)
1615–3820
96
3820–6025
26
6025–8230
3
8230–10435
1
10435–12640
1
12640–14843
1
What the record shows
The early buyer’s position
Buyers who bought from the developer in 2021 paid an average of $2,359 psf (42 sales). At today’s $2,178 psf, they are down 8% on paper.
Price trend average PSF by year
2021
$1,594
2022
$1,783
+11.9%
2023
$1,916
+7.5%
2024
$1,983
+3.5%
2025
$2,126
+7.2%
2026
$2,212
+4%
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $31,800,000 | 15,553 | $2,045 | - |
| Jul 2026 | $21,500,000 | 7,782 | $2,763 | - |
| Jul 2026 | $9,800,000 | 2,715 | $3,610 | - |
| Jul 2026 | $8,200,000 | 2,611 | $3,140 | - |
| Jul 2026 | $7,400,000 | 5,069 | $1,460 | - |
| Jul 2026 | $6,850,000 | 2,455 | $2,790 | - |
| Jul 2026 | $5,600,000 | 4,242 | $1,320 | - |
| Jul 2026 | $5,380,000 | 2,328 | $2,311 | - |
| Jul 2026 | $5,300,000 | 1,896 | $2,796 | - |
| Jul 2026 | $5,100,000 | 2,409 | $2,117 | - |
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