Best Condos in District 3 (Queenstown, Alexandra)
Condos in D3 (Queenstown/Alexandra) — mature estate with excellent connectivity.
Last updated: 29 April 2026
Overview
District 03, encompassing Queenstown and Tiong Bahru, features 99-year leasehold developments with average pricing ranging from $2,009.3 psf to $3,047.354 psf. Transaction volumes are high in this mature estate, with Avenue South Residence and Stirling Residences recording 796 and 748 transactions respectively. The area provides a mix of leasehold tenures with commencement dates ranging from 2013 at Commonwealth Towers to 2020 at The Landmark.
Market Analysis
Market data shows a significant price spread of $1,038.054 psf between the most affordable and expensive projects in the district. Entry-level pricing is established by Commonwealth Towers at $2,009.3 psf and Queens Peak at $2,057.464 psf, both of which have leases starting between 2013 and 2015. High-end segments are represented by Zyon Grand at $3,047.354 psf and Promenade Peak at $2,931.436 psf. Mid-range options such as One Pearl Bank ($2,538.184 psf) and The Landmark ($2,498.062 psf) reflect the pricing for projects with leases commencing from 2019 and 2020. Transactional liquidity is concentrated in projects priced between $2,140 and $2,210 psf, where over 1,500 units were moved across two developments.
Most Popular Projects in This District
| Project | District | Median PSF | Transactions | Tenure |
|---|---|---|---|---|
| AVENUE SOUTH RESIDENCE | D03 Queenstown, Tiong Bahru | $2,208.561 | 796 | 99 yrs lease commencing from 2018 |
| STIRLING RESIDENCES | D03 Queenstown, Tiong Bahru | $2,140.122 | 748 | 99 yrs lease commencing from 2017 |
| ZYON GRAND | D03 Queenstown, Tiong Bahru | $3,047.354 | 601 | 99 years leasehold |
| ONE PEARL BANK | D03 Queenstown, Tiong Bahru | $2,538.184 | 549 | 99 yrs lease commencing from 2019 |
| PENRITH | D03 Queenstown, Tiong Bahru | $2,792.372 | 434 | 99 years leasehold |
| RIVIERE | D03 Queenstown, Tiong Bahru | $2,818.949 | 420 | 99 yrs lease commencing from 2018 |
| THE LANDMARK | D03 Queenstown, Tiong Bahru | $2,498.062 | 383 | 99 yrs lease commencing from 2020 |
| PROMENADE PEAK | D03 Queenstown, Tiong Bahru | $2,931.436 | 358 | 99 years leasehold |
| COMMONWEALTH TOWERS | D03 Queenstown, Tiong Bahru | $2,009.3 | 289 | 99 yrs lease commencing from 2013 |
| QUEENS PEAK | D03 Queenstown, Tiong Bahru | $2,057.464 | 245 | 99 yrs lease commencing from 2015 |
Buyer Advice
Buyers should evaluate the $528.884 psf premium between established projects like Commonwealth Towers ($2,009.3 psf) and newer inventory like One Pearl Bank ($2,538.184 psf). For those focused on high-volume developments, Avenue South Residence ($2,208.561 psf) offers the highest transaction count at 796 units. It is also necessary to compare the 99-year lease commencement years, as projects in this list range from 4 to 11 years in age relative to their lease start dates.
Frequently Asked Questions
What is the entry price for a condo in District 3?
Which District 3 condo has the highest transaction volume?
What are the most expensive condos by PSF in Queenstown and Alexandra?
How do lease start dates compare for District 3 condos?
What is the average price of a condo near Pearl's Hill?
Are there condos in District 3 with leases starting after 2015?
This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.
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