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Best Condos in District 3 (Queenstown, Alexandra)

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

Last updated: 29 May 2026

Overview

District 3, covering Queenstown and Tiong Bahru, is a mature residential area characterized by high transaction volumes and 99-year leasehold developments. Market data shows transaction activity is led by Avenue South Residence with 796 transactions and Stirling Residences with 748 transactions. Average pricing in the district spans from $2,009.3 psf at Commonwealth Towers to $3,047.354 psf at Zyon Grand, reflecting a diverse range of entry points for buyers.

Market Analysis

The price ceiling in District 3 has reached $3,047.354 psf at Zyon Grand, while older leasehold projects like Commonwealth Towers (2013 lease) maintain a lower average of $2,009.3 psf. Significant transaction volume is concentrated in projects with leases commencing between 2017 and 2019, such as Stirling Residences ($2,140.122 psf) and One Pearl Bank ($2,538.184 psf). A price gap of approximately $1,038 psf exists between the most affordable and most expensive projects listed. High-end developments including Riviere and Promenade Peak are transacting between $2,818.949 psf and $2,931.436 psf respectively.

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 seeking lower entry costs should evaluate Commonwealth Towers and Queens Peak, which average $2,009.3 psf and $2,057.464 psf. Those prioritizing high liquidity may consider Avenue South Residence or Stirling Residences, as both have recorded over 740 transactions. Investors should note that newer 99-year leasehold projects with leases starting from 2018 onwards are generally transacting above the $2,200 psf mark.

Frequently Asked Questions

What is the average psf for new condos in District 3?
Recent developments in District 3 show average prices between $2,498.062 psf at The Landmark and $3,047.354 psf at Zyon Grand. Projects with leases starting around 2018, such as Avenue South Residence and Riviere, average between $2,208.561 and $2,818.949 psf.
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 follows closely with 748 transactions and an average price of $2,140.122 psf.
Where can I find the most affordable condos in Queenstown?
Commonwealth Towers offers the lowest average price in this data set at $2,009.3 psf across 289 transactions. Queens Peak is another option under $2,100 psf, with an average transaction price of $2,057.464 psf.
What are the leasehold terms for major projects in District 3?
The primary developments in District 3 are 99-year leasehold properties. Lease commencement dates for the top 10 projects range from 2013 for Commonwealth Towers to 2020 for The Landmark.
How does One Pearl Bank compare to other D3 developments?
One Pearl Bank has an average price of $2,538.184 psf based on 549 transactions. This price point is approximately $400 psf lower than Zyon Grand but $528 psf higher than Commonwealth Towers.
What is the price range for condos near Alexandra and Tiong Bahru?
Prices in these areas range from $2,009.3 psf at Commonwealth Towers to $3,047.354 psf at Zyon Grand. Mid-tier options include Stirling Residences at $2,140.122 psf and Avenue South Residence at $2,208.561 psf.

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

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