District 03 Queenstown, Tiong Bahru rent and sale trends

Name: D03 Queenstown, Tiong Bahru rent and sale data
Creator: PropertySmartSG
License: https://www.ura.gov.sg/Corporate/terms-of-Use
Keywords: D03, Queenstown, Tiong Bahru, Queenstown, Tiong Bahru rent, Queenstown, Tiong Bahru sale price, D03 property transactions

District market guide

Tracked data 25,409 rental and sale transactions across 45 projects

19,813 rentals 5,596 sales Latest records Jun 2026

D03 market read

Queenstown, Tiong Bahru is one of the cleaner districts to compare because the data is deep: 19,813 rentals and 5,596 sales.

Use this page to understand the district first, then jump into specific project pages before you price a rent, offer or listing.

Typical rent$4,600per month
Typical sale$1,974,000$2,379 psf
Recent movementRent +2.1%Sale PSF +3.6% over last 3 months

D03 market direction

Fast answers for whether the district is getting more expensive, whether volume is moving, and where to look for stable rent or rising activity.

Market direction Getting pricier

Is D03 getting more expensive?

Rent is up 2.1% over the last 3 months. Sale PSF is up 3.6% over the last 3 months. Read this as a district signal, then confirm with specific project pages.

Transaction activity -48.7%

Is volume rising?

Transaction volume is lighter. 2,057 records in the latest 6-month view versus 4,009 in the prior view.

Relative value 11.7% above

Is this district priced above nearby areas?

D03 median sale PSF is above the nearby set (D01, D02, D04). Buyers should be stricter on project-specific comps.

Stable rent projects

Projects with tighter recent monthly rent movement and enough rental depth to be useful.

Avenue South Residence 9.7% spread · $4,200 median rent Tanglin View 12.6% spread · $5,300 median rent Stirling Residences 15.0% spread · $4,500 median rent Alessandrea 16.5% spread · $4,600 median rent

Rising volume projects

Projects where the latest 6-month activity is materially higher than the prior 6-month view.

Landed Housing Development +500.0% · 6 recent transactions The Landmark +446.4% · 153 recent transactions Queensway Tower +50.0% · 15 recent transactions Regency Suites +33.3% · 16 recent transactions

Run D03 numbers

Use the typical D03 rent and sale price as a first pass, then move into project-specific pages before deciding.

All tools

Rental yield $4,600/mo Test gross and net yield against typical rent. Buy vs rent $2.0M Compare ownership cost against renting. Mortgage $2.0M Estimate monthly payment from the sale price. Stamp duty $2,379 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.

D03 project map

Explore the top 8 projects by transaction depth across rental and sale records.

Top 8 projects

1 Stirling Residences 2 Commonwealth Towers 3 Avenue South Residence 4 Queens Peak 5 Principal Garden 6 River Place 7 The Anchorage 8 Tiong Bahru Estate

For renters

Start with the district rent band

$4,350 to $4,700

Rent momentum looks rising. Use this as the opening rent range, then tighten it with the exact project page, unit size and latest contracts.

Estimate only. Condition, furnishing, floor and view can move the real rent.

For buyers

Use PSF comps before chasing

$2,307 to $2,450 psf

Sale PSF is rising. Treat this as the first comparable range, then check nearby projects and recent transactions before making an offer.

Estimate only. URA records do not capture renovation quality, stack, view or urgency.

For sellers and landlords

Price close to recent evidence

Up to $2,050,000

If your unit has a clear advantage, test slightly above the district median. Otherwise, anchor to the project page so the ask does not look disconnected from recent contracts.

Estimate only. The exact project and unit attributes should drive final pricing.

Project discovery in D03

Shortlists that help renters, buyers and owners move faster than scrolling the full directory.

Best rental evidence Commonwealth Towers 1,611 rentals

Use when checking what tenants are actually paying.

Best sales evidence Zyon Grand 632 sales

Use when comparing offer prices and seller expectations.

Best freehold comp The Anchorage 961 transactions

Helpful when tenure is part of the buying decision.

Best all-round comp Stirling Residences 1,987 total transactions

Good first stop when you want both rental and sale context.

Most active projects

Best starting points when you want deeper transaction evidence.

1 Stirling Residences Transactions: 1,987 2 Commonwealth Towers Transactions: 1,862 3 Avenue South Residence Transactions: 1,565 4 Queens Peak Transactions: 1,512 5 Principal Garden Transactions: 1,137

Highest rent projects

Projects with the highest typical rent in this district.

1 Sri Menanti Estate Median rent: $11,800 2 Riviere Median rent: $7,000 3 Shepherd's Hill Estate Median rent: $6,650 4 Twin Regency Median rent: $6,500 5 Clydesview Median rent: $6,500

Highest sale PSF projects

Useful for spotting the upper end of buyer demand.

1 Tiong Bahru Estate Median PSF: $4,189 psf 2 Zyon Grand Median PSF: $3,050 psf 3 Promenade Peak Median PSF: $2,942 psf 4 Riviere Median PSF: $2,857 psf 5 Penrith Median PSF: $2,794 psf

Small freehold projects to watch

Boutique freehold projects with limited but relevant data.

1 Clydesview Transactions: 24 2 Eng Hoon Mansions Transactions: 21 3 Yong Siak View Transactions: 12 4 Sri Menanti Estate Transactions: 4 5 Yong Siak Court Transactions: 2

Freehold vs leasehold in D03

Tenure matters most when buying or selling. Rentals still need project-level comps.

D03 has 16 freehold projects and 28 leasehold projects in our project records. For buyers, tenure should be part of the sale comparison because freehold projects can trade differently from newer leasehold projects with more facilities and cleaner recent comparables.

For renters, tenure is mostly background. Rent should still be judged by the exact project, unit size, condition, MRT access, schools and the latest rent data. Use tenure as a buying lens first, not as the main reason to pay more rent.

1 projects still need tenure added, so this mix will improve as we add more project facts.

Freehold 16 projects

3,820 transactions · 15.0% of D03 transactions

Leasehold 27 projects

21,343 transactions · 84.0% of D03 transactions

Long leasehold 1 projects

51 transactions · 0.2% of D03 transactions

Tenure pending 1 projects

195 transactions · 0.8% of D03 transactions

District market trends

Recent rent, sale PSF and transaction activity across D03.

Latest median rent $4,800 6,044 rentals in view

Latest median sale PSF $2,449 psf 2,413 sales in view

Month Rent contracts Median rent Sale transactions Median sale PSF Median sale

Jun 2026 0 - 29 $2,449 psf $1,833,877

May 2026 314 $4,800 49 $2,389 psf $2,170,000

Apr 2026 412 $4,975 63 $2,323 psf $1,950,000

Mar 2026 398 $4,800 79 $2,470 psf $2,036,500

Feb 2026 281 $4,500 46 $2,295 psf $2,018,550

Jan 2026 334 $4,700 52 $2,307 psf $2,078,500

Dec 2025 303 $4,800 53 $2,323 psf $1,810,000

Nov 2025 292 $4,725 91 $2,430 psf $1,898,000

Oct 2025 343 $4,700 1,112 $2,904 psf $2,374,000

Sept 2025 384 $4,600 73 $2,252 psf $1,738,000

Aug 2025 438 $4,600 382 $2,889 psf $2,018,300

Jul 2025 478 $4,700 60 $2,179 psf $1,825,344

Top projects to explore

Prioritized by transaction depth across rental and sale records. Smaller projects still matter, but they need project-level context.

99-year leasehold from 2017 Stirling Residences 1,987 transactions

Median rent: $4,500
Median sale PSF: $2,303 psf

99-year leasehold from 2013 Commonwealth Towers 1,862 transactions

Median rent: $3,700
Median sale PSF: $2,080 psf

99-year leasehold from 2018 Avenue South Residence 1,565 transactions

Median rent: $4,200
Median sale PSF: $2,284 psf

99-year leasehold from 2015 Queens Peak 1,512 transactions

Median rent: $4,000
Median sale PSF: $2,168 psf

99-year leasehold from 2014 Principal Garden 1,137 transactions

Median rent: $4,200
Median sale PSF: $2,016 psf

99-year leasehold from 1995 River Place 1,134 transactions

Median rent: $4,500
Median sale PSF: $1,654 psf

Freehold The Anchorage 961 transactions

Median rent: $5,000
Median sale PSF: $1,838 psf

Freehold Tiong Bahru Estate 891 transactions

Median rent: $4,500
Median sale PSF: $4,189 psf

Project directory in D03

Browse the remaining 37 projects in Queenstown, Tiong Bahru. Lower-volume projects can be useful, but read them with nearby comps.

Find a project Tenure Data depth Sort by

Project Tenure Transactions Typical rent Sale PSF Latest record

Showing 24 of 37 projects

D03 FAQ

Quick answers for renters, buyers and owners comparing Queenstown, Tiong Bahru.

What is the typical rent in D03?

The median monthly rent in D03 is $4,600, based on 19,813 rentals on this district page.

What is the typical sale price in D03?

The median sale price in D03 is $1,974,000, with a median sale PSF of $2,379 psf across 5,596 sales.

Which D03 projects have the most transactions?

Stirling Residences has the deepest combined rent and sale evidence on this district page, with 1,987 transactions.

Which projects are strongest for rental and sale comparisons in D03?

Commonwealth Towers is currently strongest for rental evidence, while Zyon Grand is strongest for sale transaction evidence. Always open the project page before making a final rent or sale comparison.

Is D03 mostly freehold or leasehold?

D03 has 16 freehold projects and 28 leasehold projects in the current project records. Tenure matters most for buying and selling, while rents still need exact project and unit-size comparisons.

How current is the D03 data?

The district page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.

About this district data

How to read D03 rental and sale figures.

District pages combine all tracked private residential projects in the postal district.

Rental figures use recorded monthly rent data and are summarized by month.

Sale figures use private residential sale data, including sale price, PSF and total sale value where available.

Guidance cards are estimates based on district-level medians and trends. They are not financial advice.