By District

Best Condos in District 3 (Queenstown, Alexandra)

Condos in D3 (Queenstown/Alexandra) — mature estate with excellent connectivity.

Last updated: 2 October 2026

Overview

District 03, encompassing Queenstown and Tiong Bahru, is a mature residential sector with average transaction prices ranging from $2,009.3 psf to $3,047.354 psf. The market is characterized by high liquidity, as evidenced by Avenue South Residence and Stirling Residences recording 796 and 748 transactions respectively. Most major developments in this district are 99-year leasehold properties with lease commencement dates primarily between 2013 and 2020.

Market Analysis

Data indicates a significant price premium for newer developments, with Zyon Grand reaching $3,047.354 psf and Promenade Peak at $2,931.436 psf. In contrast, Commonwealth Towers, which has a 2013 lease commencement, maintains the lowest average in the dataset at $2,009.3 psf. Transaction volumes are concentrated in the $2,100 to $2,300 psf bracket, where Avenue South Residence ($2,208.561 psf) and Stirling Residences ($2,140.122 psf) account for 1,544 total units sold. The price gap between the highest and lowest transacted projects in this list stands at $1,038.054 psf.

Most Popular Projects in This District

ProjectDistrictMedian PSFTransactionsTenure
AVENUE SOUTH RESIDENCED03 Queenstown, Tiong Bahru$2,208.56179699 yrs lease commencing from 2018
STIRLING RESIDENCESD03 Queenstown, Tiong Bahru$2,140.12274899 yrs lease commencing from 2017
ZYON GRANDD03 Queenstown, Tiong Bahru$3,047.35460199 years leasehold
ONE PEARL BANKD03 Queenstown, Tiong Bahru$2,538.18454999 yrs lease commencing from 2019
PENRITHD03 Queenstown, Tiong Bahru$2,792.37243499 years leasehold
RIVIERED03 Queenstown, Tiong Bahru$2,818.94942099 yrs lease commencing from 2018
THE LANDMARKD03 Queenstown, Tiong Bahru$2,498.06238399 yrs lease commencing from 2020
PROMENADE PEAKD03 Queenstown, Tiong Bahru$2,931.43635899 years leasehold
COMMONWEALTH TOWERSD03 Queenstown, Tiong Bahru$2,009.328999 yrs lease commencing from 2013
QUEENS PEAKD03 Queenstown, Tiong Bahru$2,057.46424599 yrs lease commencing from 2015

Buyer Advice

Prospective buyers should note that entry-level pricing in District 03 starts at approximately $2,009.3 psf for older leasehold projects like Commonwealth Towers. Those prioritizing newer lease terms may consider The Landmark, which has a 2020 lease commencement and an average price of $2,498.062 psf. Comparing Riviere ($2,818.949 psf) and One Pearl Bank ($2,538.184 psf) shows a price difference of $280.765 psf for projects with similar 2018-2019 lease starts.

Frequently Asked Questions

Which District 3 condo has the highest transaction volume?
Avenue South Residence recorded the highest volume with 796 transactions at an average price of $2,208.561 psf. Stirling Residences followed with 748 transactions at $2,140.122 psf.
What is the most expensive condo per square foot in District 3?
Zyon Grand currently holds the highest average price in the district at $3,047.354 psf based on 601 transactions. Promenade Peak is the second highest at $2,931.436 psf.
Are there condos in Queenstown priced below $2,100 psf?
Yes, Commonwealth Towers and Queens Peak are priced at $2,009.3 psf and $2,057.464 psf respectively. These developments have lease commencement dates of 2013 and 2015.
How do prices compare between One Pearl Bank and The Landmark?
One Pearl Bank averages $2,538.184 psf with a 2019 lease, while The Landmark is priced slightly lower at $2,498.062 psf despite a more recent 2020 lease commencement.
What is the average price for Riviere in District 3?
Riviere has an average transaction price of $2,818.949 psf. The project has recorded 420 transactions and holds a 99-year lease commencing from 2018.
Which District 3 condos have the largest number of recent transactions?
Avenue South Residence (796 transactions), Stirling Residences (748 transactions), and Zyon Grand (601 transactions) are the three most frequently traded projects in the data set.

This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.

Related Guides