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
| 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
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?
What is the most expensive condo per square foot in District 3?
Are there condos in Queenstown priced below $2,100 psf?
How do prices compare between One Pearl Bank and The Landmark?
What is the average price for Riviere in District 3?
Which District 3 condos have the largest number of recent transactions?
This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.
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