D03 Queenstown

QUEENS

STIRLING ROAD · District 03 · 99 yrs lease commencing from 1998

Median Price

S$1.8M

105 transactions

Price Range

S$1.3M - S$2.7M

Tenure

Leasehold

99 yrs lease commencing from 1

Avg Rent

S$4.97 psf

per month

QUEENS Price Analysis

QUEENS is a leasehold development on STIRLING ROAD in District 03 (Queenstown). According to URA transaction records, 105 private residential transactions have been recorded at this development, with a median price of S$1,830,000. Prices range from S$1.3M for the smallest units to S$2.7M for premium configurations.

The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,520,000. Larger units (5+ bed (170+ sqm)) trade at S$2,483,500, reflecting the premium for additional space.

Floor level significantly impacts pricing at QUEENS. High-floor units (26-30) command a median of S$2,054,444, while low-floor units (11-15) sell for S$1,660,000. That is a 24% premium for higher floors, worth S$394K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, QUEENS commands an average of S$4.97 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.8%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

26-30

S$2.1M

12 txns

21-25

S$2.0M

15 txns

36-40

S$1.9M

9 txns

06-10

S$1.9M

11 txns

31-35

S$1.9M

17 txns

16-20

S$1.8M

16 txns

01-05

S$1.7M

12 txns

11-15

S$1.7M

13 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
2-Bed (70-100 sqm)	S$1.5M	85 sqm	8
3-Bed (100-130 sqm)	S$1.8M	111 sqm	82
4-Bed (130-170 sqm)	S$2.3M	134 sqm	13
5+ Bed (170+ sqm)	S$2.5M	212 sqm	2

Current Listings

1-Bed sale

Stella S Sim · PROPNEX REALTY PTE. LTD.

S$1.1M

5-Bed sale

Vell Ng · PROPNEX REALTY PTE. LTD.

S$9.8M

FAQ

What is the average price of QUEENS?

The median transaction price at QUEENS is S$1,830,000, based on 105 URA-recorded transactions. Prices range from S$1.3M to S$2.7M.

Does floor level affect prices at QUEENS?

Yes. High-floor units (26-30) sell for a median of S$2,054,444, while low-floor units (11-15) sell for S$1,660,000. That is a 24% premium for higher floors.

What is the rental rate at QUEENS?

The average rental rate at QUEENS is approximately S$4.97 per square foot per month, based on URA median rental data.

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