District 03 · Queenstown · RCR
The Anchorage
Alexandra Road · Condominium · Freehold
Current PSF
$2,017
-8.2% vs district median
Gross yield
2.3%
median rent $5,650/mo
3-year gain
14.4%
Transactions · 5y
61
8 in last 12 months
Nearest MRT
Redhill Mrt Station · 1,378.37m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+108% 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
+1.6%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
The neighbourhood
P1 ring
Queenstown Primary School 811m · Phase 2C 1.1× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Bukit Merah Secondary School · 1.1km
Food
Bukit Merah Lane 1 Blk 120 (Alexandra Village Food Centre) · 299m - 4 hawker centres within 1km
Green
Rail Corridor · 581m - 2 parks within 1km
Mall
Anchorpoint Shopping Centre · 87m
Health
Alexandra Hospital (hospital) · 604m
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%
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,944 psf - 2% above units on floors 1–5 ($1,909 psf).
Price trend average PSF by year
2021
$1,512
2022
$1,685
+11.4%
2023
$1,767
+4.9%
2024
$1,889
+6.9%
2025
$2,010
+6.4%
2026
$2,022
+0.6%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,600/mo | $4.24 | 2.5% | 42 |
| 2BR | $4,500/mo | $3.91 | 2.3% | 270 |
| 3BR | $5,700/mo | $3.68 | 2.2% | 494 |
| 4BR | $7,900/mo | $3.85 | 2.3% | 19 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $2,930,000 | 1,604 | $1,827 | 01-05 |
| Jun 2026 | $3,150,000 | 1,507 | $2,090 | 06-10 |
| May 2026 | $3,320,000 | 1,507 | $2,203 | 11-15 |
| Apr 2026 | $3,660,000 | 1,830 | $2,000 | 06-10 |
| Feb 2026 | $2,910,000 | 1,464 | $1,988 | 01-05 |
| Dec 2025 | $2,440,000 | 1,206 | $2,024 | 01-05 |
| Oct 2025 | $4,100,000 | 2,088 | $1,963 | 11-15 |
| Sept 2025 | $3,080,000 | 1,507 | $2,044 | 06-10 |
| Jul 2025 | $2,670,000 | 1,238 | $2,157 | 11-15 |
| Jun 2025 | $3,288,000 | 1,561 | $2,107 | 06-10 |
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More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around The Anchorage actually sell for - this project trades at 3.7× the nearest block’s PSF.