FC
FairComparisons
D03 Queenstown

QUEENS PEAK

DUNDEE ROAD · District 03 · 99 yrs lease commencing from 2015

Median Price

S$1.4M

204 transactions

Price Range

S$745K - S$4.2M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$7.37 psf

per month

QUEENS PEAK Price Analysis

QUEENS PEAK is a leasehold development on DUNDEE ROAD in District 03 (Queenstown). According to URA transaction records, 204 private residential transactions have been recorded at this development, with a median price of S$1,367,500. Prices range from S$745K for the smallest units to S$4.2M for premium configurations.

The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$968,000. Larger units (5+ bed (170+ sqm)) trade at S$4,165,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at QUEENS PEAK. High-floor units (36-40) command a median of S$1,980,000, while low-floor units (06-10) sell for S$982,000. That is a 102% premium for higher floors, worth S$998K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, QUEENS PEAK commands an average of S$7.37 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.6%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

36-40
S$2.0M
19 txns
41-45
S$1.9M
13 txns
31-35
S$1.9M
20 txns
26-30
S$1.7M
13 txns
11-15
S$1.1M
40 txns
16-20
S$1.1M
37 txns
21-25
S$1.0M
39 txns
06-10
S$982K
23 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$968K42 sqm81
1-Bed (50-70 sqm)S$1.3M58 sqm22
2-Bed (70-100 sqm)S$1.9M80 sqm93
4-Bed (130-170 sqm)S$3.1M140 sqm6
5+ Bed (170+ sqm)S$4.2M186 sqm2

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 PEAK?

The median transaction price at QUEENS PEAK is S$1,367,500, based on 204 URA-recorded transactions. Prices range from S$745K to S$4.2M.

Does floor level affect prices at QUEENS PEAK?

Yes. High-floor units (36-40) sell for a median of S$1,980,000, while low-floor units (06-10) sell for S$982,000. That is a 102% premium for higher floors.

What is the rental rate at QUEENS PEAK?

The average rental rate at QUEENS PEAK is approximately S$7.37 per square foot per month, based on URA median rental data.

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