District 03 · Queenstown · RCR
Queens Peak
Dundee Road · Condominium · 99 yrs lease commencing from 2015
Current PSF
$2,247
+2.2% vs district median
Gross yield
3.8%
median rent $4,400/mo
3-year gain
5.3%
Transactions · 5y
207
38 in last 12 months
Nearest MRT
Redhill Mrt Station · 1,196.141m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+132% premium
HDB median $969 psf
Area income
$9,500/mo median
residential zone
En-bloc potential24 / 100
11 years old · composite of plot use, age, tenure, value gap & size
Lease decay88 years left
worth 94.0%of freehold today (Bala’s Table) · loses ~4.0pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+1.0%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
4%
PSF dispersion within project
The neighbourhood
P1 ring
Queenstown Primary School 149m · Phase 2C 1.1× balloted · Avondale Grammar School (Primary & Middle Years Campus) 937m · New Town Primary School 991m · Phase 2C 0.1× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Queenstown Secondary School · 693m
Food
Margaret Drive Hawker Centre · 434m - 4 hawker centres within 1km
Green
Rail Corridor · 1.1km
Mall
Anchorpoint Shopping Centre · 671m
Health
Queenstown Polyclinic (polyclinic) · 810m
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
$1,875
2022
$2,004
+6.9%
2023
$2,126
+6.1%
2024
$2,198
+3.4%
2025
$2,217
+0.9%
2026
$2,238
+0.9%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,500/mo | $7.78 | 4.2% | 413 |
| 2BR | $4,500/mo | $6.00 | 3.2% | 308 |
| 3BR | $5,800/mo | $6.82 | 3.6% | 234 |
| 4BR | $9,000/mo | $5.81 | 3.1% | 14 |
| 5BR | $10,250/mo | $5.00 | 2.7% | 8 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $1,670,000 | 775 | $2,155 | 21-25 |
| Jul 2026 | $1,050,000 | 484 | $2,168 | 21-25 |
| Jun 2026 | $3,350,000 | 1,507 | $2,223 | 31-35 |
| Jun 2026 | $2,338,000 | 1,001 | $2,336 | 31-35 |
| Jun 2026 | $2,100,000 | 936 | $2,242 | 26-30 |
| Jun 2026 | $1,670,800 | 775 | $2,156 | 21-25 |
| Jun 2026 | $1,520,000 | 624 | $2,435 | 21-25 |
| Jun 2026 | $1,080,000 | 484 | $2,230 | 26-30 |
| Jun 2026 | $968,000 | 441 | $2,193 | 21-25 |
| Apr 2026 | $1,988,000 | 947 | $2,099 | 16-20 |
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More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around Queens Peak actually sell for - this project trades at 2.2× the nearest block’s PSF.