District 03 · Queenstown · RCR
Queens
Stirling Road · Condominium · 99 yrs lease commencing from 1998
Current PSF
$1,839
-16.3% vs district median
Gross yield
3.2%
median rent $5,800/mo
3-year gain
17.2%
Transactions · 5y
97
10 in last 12 months
Nearest MRT
Redhill Mrt Station · 1,282.97m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+90% premium
HDB median $969 psf
Area income
$9,500/mo median
residential zone
En-bloc potential41 / 100
28 years old · composite of plot use, age, tenure, value gap & size
Lease decay71 years left
worth 86.5%of freehold today (Bala’s Table) · loses ~5.9pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+0.0%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Queenstown Primary School 357m · Phase 2C 1.1× balloted · New Town Primary School 985m · Phase 2C 0.1× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Queenstown Secondary School · 840m
Food
Mei Chin Road Blk 159 (Mei Chin Road Market) · 308m - 4 hawker centres within 1km
Green
Rail Corridor · 863m
Mall
Anchorpoint Shopping Centre · 490m
Health
Queenstown Polyclinic (polyclinic) · 796m
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
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,741 psf - 13% above units on floors 1–5 ($1,540 psf).
Price trend average PSF by year
2021
$1,348
2022
$1,432
+6.2%
2023
$1,563
+9.1%
2024
$1,703
+9%
2025
$1,818
+6.8%
2026
$1,832
+0.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $4,600/mo | $4.84 | 3.2% | 99 |
| 3BR | $5,600/mo | $4.87 | 3.2% | 414 |
| 4BR | $6,700/mo | $4.62 | 3.0% | 79 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $1,584,000 | 915 | $1,731 | 11-15 |
| May 2026 | $2,330,000 | 1,184 | $1,968 | 16-20 |
| May 2026 | $2,000,000 | 1,184 | $1,689 | 06-10 |
| Feb 2026 | $2,328,000 | 1,184 | $1,966 | 21-25 |
| Jan 2026 | $2,138,000 | 1,184 | $1,806 | 16-20 |
| Dec 2025 | $2,380,000 | 1,184 | $2,010 | 26-30 |
| Oct 2025 | $2,280,000 | 1,184 | $1,926 | 26-30 |
| Sept 2025 | $2,430,000 | 1,410 | $1,723 | 11-15 |
| Sept 2025 | $1,580,000 | 915 | $1,727 | 06-10 |
| Aug 2025 | $2,200,888 | 1,195 | $1,842 | 36-40 |
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More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around Queens actually sell for - this project trades at 2.3× the nearest block’s PSF.