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FairComparisons
D03 Queenstown

ALEX RESIDENCES

ALEXANDRA VIEW · District 03 · 99 yrs lease commencing from 2013

Median Price

S$1.6M

109 transactions

Price Range

S$853K - S$2.5M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$7.11 psf

per month

ALEX RESIDENCES Price Analysis

ALEX RESIDENCES is a leasehold development on ALEXANDRA VIEW in District 03 (Queenstown). According to URA transaction records, 109 private residential transactions have been recorded at this development, with a median price of S$1,550,000. Prices range from S$853K for the smallest units to S$2.5M for premium configurations.

The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$940,000. Larger units (3-bed (100-130 sqm)) trade at S$2,280,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at ALEX RESIDENCES. High-floor units (36-40) command a median of S$1,905,000, while low-floor units (06-10) sell for S$1,296,500. That is a 47% premium for higher floors, worth S$609K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, ALEX RESIDENCES commands an average of S$7.11 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.7%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

36-40
S$1.9M
10 txns
21-25
S$1.8M
13 txns
01-05
S$1.7M
13 txns
31-35
S$1.6M
13 txns
26-30
S$1.5M
16 txns
11-15
S$1.5M
14 txns
16-20
S$1.5M
18 txns
06-10
S$1.3M
12 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$940K44 sqm25
1-Bed (50-70 sqm)S$1.5M62 sqm36
2-Bed (70-100 sqm)S$2.0M88 sqm47
3-Bed (100-130 sqm)S$2.3M105 sqm1

Current Listings

1-Bed sale

James Gan · PROPNEX REALTY PTE. LTD.

S$950K

FAQ

What is the average price of ALEX RESIDENCES?

The median transaction price at ALEX RESIDENCES is S$1,550,000, based on 109 URA-recorded transactions. Prices range from S$853K to S$2.5M.

Does floor level affect prices at ALEX RESIDENCES?

Yes. High-floor units (36-40) sell for a median of S$1,905,000, while low-floor units (06-10) sell for S$1,296,500. That is a 47% premium for higher floors.

What is the rental rate at ALEX RESIDENCES?

The average rental rate at ALEX RESIDENCES is approximately S$7.11 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.