Homejourney
By District

Best Condos in District 3 (Queenstown, Alexandra)

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

Last updated: 28 July 2026

Overview

District 3, encompassing Queenstown and Tiong Bahru, features a diverse range of 99-year leasehold developments with transaction prices ranging from $2,009.3 psf to $3,047.354 psf. Market activity is concentrated in high-volume projects such as Avenue South Residence and Stirling Residences, which have recorded 796 and 748 transactions respectively. Lease commencement dates for the most active projects in this district span from 2013 at Commonwealth Towers to 2020 at The Landmark.

Market Analysis

Data analysis reveals a significant price spread of over $1,000 psf between different developments in the Queenstown and Alexandra area. Premium pricing is observed at Zyon Grand ($3,047.354 psf) and Promenade Peak ($2,931.436 psf), while more established projects like Commonwealth Towers ($2,009.3 psf) and Queens Peak ($2,057.464 psf) provide lower entry points. Transaction volume is highest in Avenue South Residence, which accounts for 796 transactions at an average of $2,208.561 psf. Newer inventory, including The Landmark (2020 lease) and One Pearl Bank (2019 lease), currently trades at the $2,498.062 to $2,538.184 psf level.

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 prioritizing lower entry costs should evaluate Commonwealth Towers and Queens Peak, both of which maintain average prices near the $2,000 psf threshold. For those seeking newer lease tenures, The Landmark and One Pearl Bank offer leases commencing in 2020 and 2019 respectively. Investors may find higher liquidity in Avenue South Residence and Stirling Residences, as these projects have the highest recorded transaction counts in the district.

Frequently Asked Questions

What is the average psf for condos in District 3?
Average transaction prices in District 3 vary by development, with entry-level options like Commonwealth Towers at $2,009.3 psf and high-end projects like Zyon Grand reaching $3,047.354 psf. A significant portion of the market, including Avenue South Residence and Stirling Residences, trades between $2,140 and $2,210 psf.
Which District 3 condo has the highest transaction volume?
Avenue South Residence leads the district 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.
Are there any condos in Queenstown priced under $2,100 psf?
Yes, Commonwealth Towers is priced at $2,009.3 psf based on 289 transactions, and Queens Peak is priced at $2,057.464 psf based on 245 transactions. Both are 99-year leasehold developments with leases commencing in 2013 and 2015 respectively.
What are the price trends for newer condos near Outram and Tiong Bahru?
One Pearl Bank, with a lease commencing in 2019, averages $2,538.184 psf across 549 transactions. The Landmark, which has a newer 2020 lease commencement, shows a slightly lower average price of $2,498.062 psf across 383 transactions.
How does Riviere compare to other District 3 developments?
Riviere is positioned at the higher end of the market with an average price of $2,818.949 psf and 420 recorded transactions. Its pricing is comparable to Penrith ($2,792.372 psf) but remains lower than Zyon Grand ($3,047.354 psf).
What is the lease status of major condos in the Alexandra area?
Most major developments in this area are 99-year leasehold projects. Lease commencement dates include Stirling Residences (2017), Avenue South Residence (2018), and Riviere (2018), reflecting a cluster of relatively new inventory.

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

Related Guides

Best Condos in District 9 (Orchard, River Valley)

Top condos in D9 (Orchard/River Valley) ranked by PSF, transactions, and value.

Best Condos in District 10 (Bukit Timah, Holland)

Most popular condos in D10 (Bukit Timah/Holland) with price analysis.

Best Condos in District 15 (East Coast, Katong)

East Coast condos in D15 (Katong/Marine Parade) with lifestyle and price data.

Best Condos in District 11 (Newton, Novena)

Condos in D11 (Newton/Novena) near medical hub with investment analysis.