By District

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

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

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?
The lowest average entry price among the top 10 projects is $2,009.3 psf at Commonwealth Towers. This is followed by Queens Peak at $2,057.464 psf and Stirling Residences at $2,140.122 psf.
Which District 3 condo has the highest transaction volume?
Avenue South Residence has the highest transaction volume with 796 recorded transactions. Stirling Residences follows closely with 748 transactions, while Zyon Grand recorded 601 transactions.
What are the most expensive condos by PSF in Queenstown and Alexandra?
Zyon Grand is the most expensive at $3,047.354 psf. Other high-PSF projects include Promenade Peak at $2,931.436 psf and Riviere at $2,818.949 psf.
How do lease start dates compare for District 3 condos?
Lease commencement dates vary from 2013 for Commonwealth Towers to 2020 for The Landmark. Other recent developments include One Pearl Bank with a 2019 lease and Avenue South Residence with a 2018 lease.
What is the average price of a condo near Pearl's Hill?
One Pearl Bank averages $2,538.184 psf with 549 transactions. The Landmark, located in the same vicinity, has an average price of $2,498.062 psf and 383 transactions.
Are there condos in District 3 with leases starting after 2015?
Yes, several projects have leases starting after 2015, including Stirling Residences (2017), Avenue South Residence (2018), Riviere (2018), One Pearl Bank (2019), and The Landmark (2020).

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

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