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Condo prices · District 03

District 03 private property prices

Queenstown, Tiong Bahru

Private flats in district 03 changed hands at a median of $2,408 psf of floor area over 5,336 sales in 48 developments, to Oct 2026 — the fifth dearest of the 28 districts with enough trade to rank.

Flats, per sq ft
$2,408 psf
5,336 sales of flats and apartments.
Median flat price
$1,988,000
About 818 sq ft.
Houses, per sq ft of land
$2,033 psf
14 sales, median $8,390,000.

What each kind of home costs here

A flat is measured by its floor area and a house by its plot, so the last column says which. They are not comparable with each other.

KindMedian pricePer sq ftSalesMeasured on
Apartment$2,114,500$2,634 psf2994Floor area
Condominium$1,906,102$2,156 psf2342Floor area
Detached$8,390,000$1,721 psf10Land area
Terrace$4,875,000$5,493 psf2Land area
Semi-Detached$9,390,000$2,410 psf2Land area

Freehold and leasehold here

Every flat sale, which in a district with new launches on the market will often show leasehold above freehold: a launch is sold at a developer’s list price and almost everything built this century is 99-year. The resale-only comparison underneath is the one that says something about tenure.

TenureMedian pricePer sq ftFlat sales
Freehold$2,045,000$1,879 psf228
999-year lease$2,850,000$1,574 psf2
Leasehold$1,987,944$2,442 psf5106

Comparing resales only, freehold flats in district 03 ran -11 per cent against leasehold — $1,879 psf over $2,121 psf. Below one, which usually means this district’s leasehold resale stock is newer than its freehold stock rather than that leases are prized here. Why the whole-market version of this is misleading.

How prices moved

Median price per square foot by year. The first and last years of URA’s window are partial, so the change is quoted between whole years only.

  • 202180 sales$1823
  • 2022416 sales$1917
  • 2023454 sales$2044
  • 2024537 sales$2164
  • 2025613 sales$2206
  • 2026437 sales$2251

Up 15.1 per cent a square foot between 2022 and 2025.

The dearest developments in district 03

Every development that traded here

40 flat developments and two landed developments with at least one sale in URA’s window, dearest first.

Show the figures
DevelopmentPer sq ftMedian priceSalesLease left
Zyon Grand, Kim Seng Road$3,052 psf$2,518,00063797 yrs
Promenade Peak, Zion Promenade$2,948 psf$2,102,80043597 yrs
Riviere, Jiak Kim Street$2,900 psf$3,150,00030591 yrs
Tiong Bahru Estate, Eng Hoon Street$2,886 psf$4,100,0002Freehold
Penrith, Margaret Drive$2,794 psf$2,295,00045997 yrs
The Landmark, Chin Swee Road$2,646 psf$1,892,09027093 yrs
One Pearl Bank, Pearl Bank$2,630 psf$2,129,50034492 yrs
Sri Menanti Estate, Jervois Lane$2,407 psf$6,490,0002Freehold
Artra, Alexandra View$2,353 psf$2,050,0008589 yrs
Highline Residences, Kim Tian Road$2,325 psf$1,820,00010286 yrs
Stirling Residences, Stirling Road$2,315 psf$1,520,00045290 yrs
Avenue South Residence, Silat Avenue$2,306 psf$1,685,00038191 yrs
The Regency At Tiong Bahru, Chay Yan Street$2,283 psf$2,750,00020Freehold
Margaret Ville, Margaret Drive$2,196 psf$1,828,0008590 yrs
Queens Peak, Dundee Road$2,179 psf$1,408,00020788 yrs
Regency Suites, Kim Tian Road$2,144 psf$2,968,00011Freehold
Echelon, Alexandra View$2,143 psf$1,711,25014085 yrs
Alex Residences, Alexandra View$2,141 psf$1,550,00011086 yrs
Commonwealth Towers, Commonwealth Avenue$2,131 psf$1,420,00023686 yrs
Twin Regency, Kim Tian Road$2,051 psf$2,700,00015Freehold
Principal Garden, Prince Charles Crescent$2,046 psf$1,610,00020787 yrs
The Crest, Prince Charles Crescent$1,962 psf$2,285,00010285 yrs
Meraprime, Jalan Bukit Ho Swee$1,946 psf$2,137,9443076 yrs
Domain 21, Delta Road$1,880 psf$1,780,0002977 yrs
The Anchorage, Alexandra Road$1,854 psf$2,825,50060Freehold
Ascentia Sky, Alexandra View$1,831 psf$2,580,0007581 yrs
Alessandrea, Alexandra Road$1,803 psf$2,010,00018Freehold
The Metropolitan Condominium, Alexandra View$1,772 psf$2,480,0007979 yrs
Alexis, Alexandra Road$1,771 psf$979,00064Freehold
Yong Siak View, Yong Siak Street$1,767 psf$1,740,0004Freehold
Clydesview, Jervois Lane$1,748 psf$3,690,0002Freehold
Shepherd's Hill Estate, Merino Crescent$1,721 psf$8,365,0006Freehold
River Place, Havelock Road$1,710 psf$1,680,00010068 yrs
Tanglin View, Prince Charles Crescent$1,696 psf$1,990,0006970 yrs
Yong Siak Court, Yong Siak Street$1,667 psf$2,800,0001Freehold
Central Green Condominium, Jalan Membina$1,650 psf$2,210,0004965 yrs
Queens, Stirling Road$1,647 psf$1,968,0008371 yrs
Emerald Park, Indus Road$1,578 psf$1,540,0003264 yrs
Eng Hoon Mansions, Eng Hoon Street$1,534 psf$2,180,0001Freehold
Harvest Mansions, Havelock Road$1,447 psf$1,600,000366 yrs
Queensway Tower, Queensway$1,360 psf$2,055,00012Freehold
Kai Fook Mansion, Kim Tian Road$1,025 psf$3,300,0001933 yrs

Where district 03 sits

D03 is in Rest of central region, and ranks fifth of 28 districts by flat price per square foot. The dearest, D06, runs $2,891 psf; the cheapest, D25, $1,165 psf. The same district on the public-housing side is here.