District 05 · Queenstown · RCR
Mendon Spring
Pasir Panjang Road · Apartment · Freehold
Current PSF
$1,512
-9.1% vs district median
Gross yield
3.6%
median rent $4,700/mo
3-year gain
23.8%
Transactions · 5y
14
1 in last 12 months
Nearest MRT
Pasir Panjang Mrt Station · 461.923m
CCL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+56% premium
HDB median $969 psf
Area income
$9,500/mo median
residential zone
En-bloc potential35 / 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
0.0%
flip ratio, last 24 months
Price spread
8%
PSF dispersion within project
The neighbourhood
Food
Pasir Panjang Food Centre · 507m
Green
Chwee Chian Playground · 154m - 5 parks within 1km
Health
Alexandra Hospital (hospital) · 1.6km
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
Price trend average PSF by year
2021
$1,120
2022
$1,207
+7.8%
2023
$1,221
+1.2%
2024
$1,262
+3.4%
2025
$1,413
+12%
2026
$1,512
+7%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $4,200/mo | $4.00 | 3.2% | 65 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Apr 2026 | $1,595,000 | 1,055 | $1,512 | 01-05 |
| Jun 2025 | $1,490,000 | 1,055 | $1,413 | 01-05 |
| Dec 2024 | $1,350,000 | 1,055 | $1,280 | 01-05 |
| Dec 2024 | $1,350,000 | 1,066 | $1,267 | 01-05 |
| Nov 2024 | $1,350,000 | 1,055 | $1,280 | 01-05 |
| Oct 2024 | $1,300,000 | 1,066 | $1,220 | 01-05 |
| Feb 2023 | $1,288,000 | 1,055 | $1,221 | 01-05 |
| Dec 2022 | $1,278,000 | 1,055 | $1,212 | 01-05 |
| Nov 2022 | $1,288,000 | 1,055 | $1,221 | 01-05 |
| Sept 2022 | $1,288,000 | 1,066 | $1,209 | 01-05 |
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