CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 3 · Queenstown

Alexis

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2024
Quick Summary

Alexis is a commercial building in District 3 · Queenstown, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 17 transactions are on record since 1995, most recently in Aug 2024. 3 units are currently listed for sale. ACRA records 23 live company registrations at this address.

1

What are the key facts about Alexis?

Key takeawayAlexis is a commercial building in District 3 · Queenstown, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 3 · Queenstown
Address
354 Alexandra Road
Land area
5,966 sqm
Transactions on record
17 (records start 1995)
Live listings
3
ACRA registrations
23
2

About Alexis

Alexis is a mixed-use building in Queenstown (District 03). It is located along Alexandra Road, Singapore 159948.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is freehold. It occupies roughly 5,966 sqm of land with about 17,898 sqm of gross floor area.

17 transactions have been recorded here, at a median of S$3,501 psf. The most recent was in August 2024.

23 businesses are currently registered at this address with ACRA.

The nearest MRT is Queenstown MRT, 388 m away (about a 6-minute walk). The closest bus stop (Opp Lea Hin Hardware Fty) is 31 m away (about a 0-minute walk).

3

What is Alexis zoned as?

Key takeawayAlexis sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Alexis sold for?

Key takeawayAcross 17 recorded transactions since 1995, the median price is about S$4.15M, most recently in Aug 2024.
DateUsePriceAreaPSF
Aug 2024RetailS$7.00M2,164 sqft$3,235
Jun 2022RetailS$8.80M3,068 sqft$2,869
Mar 2021RetailS$400k151 sqft$2,654
Feb 2020RetailS$4.15M1,744 sqft$2,380
Aug 2015RetailS$1.15M258 sqft$4,452
Apr 2013RetailS$6.00M2,325 sqft$2,581
Sept 2012RetailS$970k194 sqft$5,006
May 2012RetailS$6.80M1,744 sqft$3,901
May 2012RetailS$906k151 sqft$6,012
May 2012RetailS$5.58M1,690 sqft$3,300

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Alexandra Road price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Alexis?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 sales

An INDICATIVE AREA yield for District 3 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 3 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$95.98$132.22$183.14
Level 2 & 3 · 30 & Below$78.58$97.35$120.88
Level 1 · >30 - 100$79.82$93.70$105.25
Level 2 & 3 · >30 - 100$56.17$57.32$67.43
Level 2 & 3 · >100 - 300$169.34$207.58$229.29

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

7

What is available at Alexis right now?

Key takeaway3 units are currently listed at Alexis. One row per unit; several agents often market the same unit.

For sale (3)

  • AlexisS$6.28M · 1,475 sqft
  • AlexisS$1.20M · 258 sqft
  • AlexisS$6.28M · 1,452 sqft

Browse every listing at this building →

8

What is near Alexis?

Key takeawayThe nearest MRT/LRT is Queenstown MRT, about 388 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Lea Hin Hardware Fty · 31 mHealthpoint Family Clinic & Surgery · 209 mPlace Of Worship · 299 mQueenstown MRT Exit A · 352 mEducational Institution · 386 mHotel · 428 mLeng Kee Community Centre · 836 mAlexandra Hospital · 1.0 kmBusiness Park · 1.3 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Anchorpoint · 396 mL M Meat Pte. Ltd · 396 mABC Brickworks Market & Food Centre · 499 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Alexis?

Key takeawayACRA records 23 live company registrations at this address, 12 of them in the last three years.
Live registrations
23
Registered last 3 years
12
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

Frequently asked questions about Alexis

Where is Alexis?

Alexis is at 354 Alexandra Road, Singapore 159948, in the Queenstown planning area.

What is Alexis zoned as?

Alexis sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Alexis?

Alexis is freehold.

What have units at Alexis sold for?

Across 17 recorded transactions, the median price is S$3,501 psf. The latest was in August 2024.

What is the nearest MRT station to Alexis?

Queenstown MRT is the closest, 388 m away (about a 6-minute walk).

How many businesses are registered at Alexis?

23 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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This development is also registered as the residential project Alexis.

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