Commercial166 buildingsPlanning area

Commercial buildings in Queenstown

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

PropKaki tracks 166 commercial buildings in Queenstown. Most sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, with RESIDENTIAL next. Across 81 recorded transactions in the last 5 years, the median price is about S$1.25M (S$3,353 psf). 91 units are listed for sale and 296 for rent.

1

Which commercial buildings are in Queenstown?

Key Takeaway

166 buildings are tracked in Queenstown — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

2

What do commercial properties in Queenstown sell for?

Key Takeaway

In the last 12 months, 16 transactions in Queenstown closed at a median of about S$1.83M (S$3,361 psf); over five years the median is S$1.25M across 81 deals.

Transactions (12m)

16

URA/JTC records

Transactions (5y)

81

URA/JTC records

Median price (12m)

S$1.83M

recent deals

Median PSF (12m)

S$3,361 psf

strata & land mix

Use typeTransactionsMedian PSF
Retail71S$3,315 psf
Shop House7
Office3
3

What is for sale or rent in Queenstown?

Key Takeaway

91 units are listed for sale and 296 for rent in Queenstown, one row per unit.

For sale

91

deduplicated units

For rent

296

deduplicated units

Browse rentals in Queenstown · Browse sales →

4

What are the most recent commercial deals in Queenstown?

Key Takeaway

The latest recorded deal in Queenstown closed in Apr 2026 at S$2.07M (Holland Road Shopping Centre).

DatePropertyUsePricePSF
Apr 2026Holland Road Shopping CentreRetailS$2.07M$5,061
Mar 2026Normanton ParkRetailS$1.92M$4,054
Mar 2026N.a.Shop HouseS$2.48M$2,259
Mar 2026One-North EdenRetailS$12.19M$2,755
Jan 2026Normanton ParkRetailS$2.30M$4,856
Jan 2026Normanton ParkRetailS$2.30M$4,856
Dec 2025Holland Road Shopping CentreRetailS$1.75M$4,645
Dec 2025Queensway Shopping CentreRetailS$404k$3,410

The latest recorded URA/JTC deals in Queenstown. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in Queenstown?

Key Takeaway

URA's contracted-rent percentiles for District 5 (2026Q2) — the benchmark an asking rent in Queenstown should be weighed against.

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$75.50$78.57$94.64
B1 & Below · 30 & Below$49.40$56.25$167.56
Level 1 · >30 - 100$65.08$80.89$95.59
Level 2 & 3 · >30 - 100$107.16$142.68$238.92
B1 & Below · >30 - 100$136.41$266.41$413.89
Level 4 & Above · >30 - 100$245.10$253.31$294.36
Level 2 & 3 · >100 - 300$57.26$74.59$120.64
Level 1 · >100 - 300$75.28$85.48$131.66

$ psm/month, URA REALIS rental contracts. District 5is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.

6

What is commercial land in Queenstown zoned as?

Key Takeaway

Most tracked buildings in Queenstown sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, followed by RESIDENTIAL (URA Master Plan).

RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 24RESIDENTIAL · 11COMMERCIAL · 9COMMERCIAL & RESIDENTIAL · 8WHITE · 1HOTEL · 1
7

Frequently asked questions

Which commercial buildings are in Queenstown?

PropKaki tracks 166 commercial buildings in Queenstown, including Queensway Shopping Centre, Viva Vista, Icon @ Pasir Panjang, One-North Residences, Alexis.

What do commercial properties in Queenstown sell for?

Across 81 recorded transactions in the last 5 years, the median price is about S$1.25M (S$3,353 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in Queenstown zoned as?

Of the tracked buildings in Queenstown, 24 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, 11 sit on RESIDENTIAL land, 9 sit on COMMERCIAL land, 8 sit on COMMERCIAL & RESIDENTIAL land under the URA Master Plan.

Are there commercial units for sale or rent in Queenstown?

Yes — 91 units for sale and 296 units for rent are currently listed in Queenstown across the commercial portals, deduplicated to one row per unit.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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