Private Condominium Guide for Queenstown
2026 market analysis, pricing trends, and property marketing insights for District 3 — Queenstown, Tiong Bahru.
Private Condominium Market Overview — Queenstown
The private condominium market in Queenstown (District 3) sits within Singapore's Rest of Central Region. As of 2026, the median transaction price is $2.2M with a per-square-foot rate of $2,100 PSF, reflecting a +3.1% yoy change in prices compared to the previous year.
Queenstown is known for Singapore's first satellite town, iconic Tiong Bahru art deco architecture, IKEA Alexandra. The area is served by Queenstown MRT, Tiong Bahru MRT, Commonwealth MRT on the East-West Line, providing excellent connectivity across Singapore.
Private residential developments with shared facilities like swimming pools, gyms, and security. Condominiums offer a premium lifestyle with full condo facilities and are popular with both locals and foreigners.
About Queenstown — District 3
MRT Connectivity
- Queenstown MRT East-West Line
- Tiong Bahru MRT East-West Line
- Commonwealth MRT East-West Line
- Redhill MRT East-West Line
Key Amenities
- VivoCity (nearby)
- Queenstown Library
- Alexandra Retail Centre
- Tiong Bahru Market
Why Property Agents Should Know Queenstown
- Singapore's first satellite town
- iconic Tiong Bahru art deco architecture
- IKEA Alexandra
- mature estate with strong resale demand
Understanding the private condominium market in Queenstown helps agents provide informed advice to buyers and sellers, set realistic price expectations, and create compelling marketing content for listings in District 3.
Private Condominium — Key Facts
| Property Category | Private |
| Typical Size | 500-2,500 sq ft |
| Eligible Buyers | Singapore Citizens, PRs, and Foreigners (with ABSD) |
| Financing | Up to 75% LTV with bank loan |
| MOP / Restrictions | None for private purchases |
Property Marketing Resources
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Try PostAI FreeFrequently Asked Questions
The median private condominium price in Queenstown is approximately $$2.2M, with a median price per square foot of $2100 PSF. Prices have moved 3.1% year-on-year.
Several new launch condominiums may be available in Queenstown. Check with property agents specialising in this area for the latest launches, showflat schedules, and early-bird pricing.
Rental yields for condominiums in Queenstown typically range from 2.5% to 4.0% depending on the unit size, age of development, and proximity to MRT stations (Queenstown MRT, Tiong Bahru MRT).
Yes, foreigners can purchase private condominiums in Queenstown. However, they are subject to Additional Buyer's Stamp Duty (ABSD) of 60% for residential properties.
Condominiums in Queenstown benefit from Singapore's first satellite town, iconic Tiong Bahru art deco architecture. The area is well-served by East-West Line, making it attractive for both owner-occupiers and investors seeking rental income.