CommercialRESIDENTIALLeaseholdDistrict 3 · Queenstown

Queens Peak

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2020
Quick Summary

Queens Peak is a commercial building in District 3 · Queenstown, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 4.9. It is leasehold with roughly 88 years remaining. 1 transaction is on record since 1995, most recently in Dec 2020. ACRA records 9 live company registrations at this address.

1

What are the key facts about Queens Peak?

Key takeawayQueens Peak is a commercial building in District 3 · Queenstown, zoned RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
4.9
Tenure
Leasehold
District / Area
District 3 · Queenstown
Address
1 Dundee Road
Land area
10,516 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
9
2

About Queens Peak

Queens Peak is a mixed-use building in Queenstown (District 03). It is located along Dundee Road, Singapore 149456.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 4.9.

The site is leasehold, with about 88 years remaining on the lease. It occupies roughly 10,516 sqm of land with about 56,682 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$2,103 psf. The most recent was in December 2020.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Queenstown MRT, 86 m away (about a 1-minute walk). The closest bus stop (Queenstown Stn Exit B/C) is 103 m away (about a 2-minute walk).

3

What is Queens Peak zoned as?

Key takeawayQueens Peak sits on land zoned RESIDENTIAL with a gross plot ratio of 4.9.
Land-use zone
RESIDENTIAL
Gross plot ratio
4.9

Run the full zoning report for this building →

4

What has Queens Peak sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2020RetailS$1.20M570 sqft$2,103

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

What do commercial rents run near Queens Peak?

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.

6

What is near Queens Peak?

Key takeawayThe nearest MRT/LRT is Queenstown MRT, about 87 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 43 mQueenstown MRT Exit B · 74 mQueenstown Stn Exit B/C · 103 mEducational Institution · 106 mMy Family Clinic (Tanglin Halt) · 203 mQueenstown Community Centre · 757 mHotel · 765 mQueenstown Polyclinic · 768 mAlexandra Hospital · 1.3 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.

Sheng Siong Supermarket Pte Ltd · 332 mMargaret Drive Hawker Centre · 386 mAnchorpoint · 711 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Queens Peak?

Key takeawayACRA records 9 live company registrations at this address, 7 of them in the last three years.
Live registrations
9
Registered last 3 years
7
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.

8

Frequently asked questions about Queens Peak

Where is Queens Peak?

Queens Peak is at 1 Dundee Road, Singapore 149456, in the Queenstown planning area.

What is Queens Peak zoned as?

Queens Peak sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 4.9.

What is the tenure of Queens Peak?

Queens Peak is leasehold. About 88 years remain on the lease.

What have units at Queens Peak sold for?

Across 1 recorded transaction, the median price is S$2,103 psf. The latest was in December 2020.

What is the nearest MRT station to Queens Peak?

Queenstown MRT is the closest, 86 m away (about a 1-minute walk).

How many businesses are registered at Queens Peak?

9 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

The facts are here — now get the verdict on Queens Peak.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Queens Peak — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

This development is also registered as the residential project Queens Peak.

Chat on WhatsApp