Queensway Tower rent and sale price
D03 / Queenstown, Tiong Bahru
Address 3 Queensway 1st Scdf Division Hq
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Apartment, Non-Landed Properties 78 transactions Freehold Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Queensway Tower
Queensway Tower is a freehold apartment in D03 / Queenstown, Tiong Bahru. The page currently tracks 62 rentals and 16 sales.
- Typical rent is $3,950 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,910,500, with median sale PSF at $1,308 psf and total recorded sale value of $31.1M.
- Rent is up 10.0% over the last 3 months. Sale PSF is up 15.7% over the last 3 months.
Queensway Tower Market Position
How this project compares with the wider D03 market before you read the detailed tables.
Rent vs D03 -14.1%
Rents below district median
Queensway Tower's median rent is $3,950 compared with the D03 median of $4,600. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D03 -45.0%
Sale PSF below district median
Queensway Tower's median sale PSF is $1,308 psf versus the D03 median of $2,379 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.48%
Rent support near district screen
Gross yield is roughly 2.48% versus a D03 screen of 2.80%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 79.3% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +50.0%
Activity is rising
15 recent transactions versus 10 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Queensway Tower against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Queensway Tower Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,950
Is the asking rent fair?
$3,750 to $4,150 is the first fair-rent band to check. Above $4,150 should have a visible reason.
Median sale PSF $1,308 psf
Is the purchase price fair?
$1,850,000 to $1,970,000 and $1,270 to $1,350 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $3,825
Are similar units renting for more?
2 bed and 1,600 to 1,700 sqft give the closest unit-size checks.
Rent stability 79.3% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +50.0%
Is activity rising?
Activity is rising. 15 recent transactions versus 10 in the prior 6-month view.
Run Queensway Tower numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,950/mo Test gross and net yield against typical rent. Buy vs rent $1.9M Compare ownership cost against renting. Mortgage $1.9M Estimate monthly payment from the sale price. Stamp duty $1,308 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Queensway Tower Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 16 resale transactions
Total sold value $31.1M
Queensway Tower Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 62 Jun 2021 to Apr 2026
Sale transactions 16 Jul 2021 to Jan 2026
Rent trend 10.0% Last 3 months
Sale PSF trend 15.7% Last 3 months
Queensway Tower Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
QUEENSTOWN MRT STATION (EW19) 0.78 km away
REDHILL MRT STATION (EW18) 1.55 km away
COMMONWEALTH MRT STATION (EW20) 1.66 km away
Schools nearby
ISS INTERNATIONAL SCHOOL (PRESTON CAMPUS) 0.91 km away
QUEENSTOWN PRIMARY SCHOOL 0.96 km away
KINDLE KIDS INTERNATIONAL SCHOOL 0.97 km away
BUKIT MERAH SECONDARY SCHOOL 1.21 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 3.48 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 4.35 km away
ALEXANDRA-QUEENSWAY PARK CONNECTOR Park / green link · 0.08 km away
MARGARET DRIVE HAWKER CENTRE Food centre · 1.03 km away
Queensway Tower Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,000 30 rentals in view
Latest median sale PSF $1,388 psf 11 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Apr 2026 1 $4,000 0 - -
Jan 2026 3 $4,400 2 $1,388 psf $2,278,000
Sept 2025 1 $5,000 0 - -
Aug 2025 0 - 1 $1,536 psf $2,580,000
Jul 2025 6 $4,400 0 - -
Jun 2025 1 $4,000 0 - -
Feb 2025 2 $3,500 0 - -
Jan 2025 1 $4,400 1 $1,504 psf $2,250,000
Dec 2024 1 $4,000 0 - -
Aug 2024 1 $4,600 1 $1,300 psf $1,861,000
Jul 2024 1 $1,590 1 $1,350 psf $2,180,000
Apr 2024 1 $4,200 0 - -
Projects Similar to Queensway Tower
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1993 Harvest Mansions 3.2 km away 109 transactions
- Median rent
- $4,000
- Median sale PSF
- $1,230 psf
- Median rent
- $4,200
- Median sale PSF
- $1,571 psf
- Median rent
- $4,500
- Median sale PSF
- $1,574 psf
- Median rent
- $4,500
- Median sale PSF
- $1,654 psf
- Median rent
- $4,050
- Median sale PSF
- $1,025 psf
- Median rent
- $3,100
- Median sale PSF
- $1,748 psf
Queensway Tower Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,000 $3,050 5
2 bed $3,825 $3,549 36
3 bed $4,400 $4,009 21
Queensway Tower Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $3,200 $3,083 3
1,000 to 1,100 sqft $3,000 $3,000 2
1,100 to 1,200 sqft $3,025 $2,750 4
1,200 to 1,300 sqft $3,600 $3,611 9
1,300 to 1,400 sqft $2,550 $2,878 5
1,400 to 1,500 sqft $4,000 $3,715 17
1,500 to 1,600 sqft $4,100 $4,100 1
1,600 to 1,700 sqft $4,400 $4,133 21
Queensway Tower Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,600,000 $1,205 psf 3
06 to 10 $1,861,000 $1,300 psf 5
11 to 15 $2,005,000 $1,333 psf 8
Queensway Tower Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Queensway Tower shows a typical monthly rent of $3,950 across 62 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,950
Rentals 62
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Queensway Tower point to a typical sale price of $1,910,500 and $1,308 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,910,500
Median PSF $1,308 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Queensway Tower has 16 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $31.1M
Latest record Apr 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D03 to compare Queensway Tower against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Queensway Tower FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Queensway Tower?
Queensway Tower has a median monthly rent of $3,950 across 62 rentals.
What is the typical sale price at Queensway Tower?
The median sale price for Queensway Tower is $1,910,500, based on 16 sales on this page.
What is the median sale PSF at Queensway Tower?
The median sale price per square foot for Queensway Tower is $1,308 psf. The average sale PSF is $1,305 psf.
Is Queensway Tower freehold or leasehold?
Queensway Tower is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Queensway Tower located?
Queensway Tower is located at 3 Queensway 1st Scdf Division Hq in D03 / Queenstown, Tiong Bahru.
How current is the Queensway Tower transaction data?
The project 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.