Queensway Tower
Queensway Tower is a freehold apartment in District 3 (Queenstown) that obtained TOP in 1976, with 78 units across 1 block. Across 106 transactions on record, units have recently transacted around S$2.05M (S$1,350 psf, ~1,496 sqft). There are 2 units for sale from S$1.80M to S$2.59M.
What are the key facts about Queensway Tower?
Queensway Tower is a freehold apartment in District 3 (Queenstown) that obtained TOP in 1976, with 78 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1976
- Developer
- —
- Total units
- 78
- Blocks
- 1
- District / Area
- District 3 (Queenstown)
- Market segment
- RCR
- Median PSF
- S$1,350 psf
- Last transacted
- Jan 2026
- Remaining lease
- Freehold
What is the price and PSF at Queensway Tower?
Units have recently transacted around S$2.05M (S$1,350 psf), at a gross rental yield of about 1.7% (URA caveat data).
Recent median price
S$2.05M
recent · 106 sales on record
Median PSF
S$1,350 psf
recent transactions
Median rent (monthly)
S$2,840
265 rentals on record
Gross rental yield
1.7%
indicative, gross
Source: URA caveat data, through Jan 2026.
What has recently sold at Queensway Tower?
Queensway Tower has 106 recorded sales; the most recent transacted at S$2,278,000 in Jan 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jan 2026 | S$2,278,000 | 1,658 | S$1,374 psf |
| Jan 2026 | S$2,278,000 | 1,625 | S$1,402 psf |
| Aug 2025 | S$2,580,000 | 1,679 | S$1,536 psf |
| Jan 2025 | S$2,250,000 | 1,496 | S$1,504 psf |
| Aug 2024 | S$1,861,000 | 1,432 | S$1,300 psf |
| Jul 2024 | S$2,180,000 | 1,615 | S$1,350 psf |
| Jul 2023 | S$1,600,000 | 1,432 | S$1,118 psf |
| Jun 2023 | S$1,700,000 | 1,292 | S$1,316 psf |
| Jun 2023 | S$2,050,000 | 1,496 | S$1,370 psf |
| Mar 2023 | S$1,800,000 | 1,292 | S$1,394 psf |
| Mar 2023 | S$1,800,000 | 1,432 | S$1,257 psf |
| Nov 2021 | S$2,060,000 | 1,679 | S$1,227 psf |
106 sales and 265 rentals on record since Feb 1995. Source: URA.
Are prices at Queensway Tower rising?
The median transacted PSF at Queensway Tower has risen 57% over the past 14 years (2012–2026), from S$875 psf to S$1,374 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,374 psf | S$2.28M | 2 | -8.6% |
| 2025 | S$1,504 psf | S$2.25M | 2 | +15.7% |
| 2024 | S$1,300 psf | S$1.86M | 2 | -1.2% |
| 2023 | S$1,316 psf | S$1.80M | 5 | +14.9% |
| 2021 | S$1,145 psf | S$1.68M | 8 | +20.4% |
| 2020 | S$951 psf | S$1.23M | 2 | +6.4% |
| 2017 | S$894 psf | S$1.28M | 3 | +0.8% |
| 2016 | S$887 psf | S$1.40M | 5 | -8.7% |
| 2013 | S$971 psf | S$1.38M | 2 | +11.0% |
| 2012 | S$875 psf | S$1.28M | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Queensway Tower?
7,621 CEA-registered agents closed at least one recorded deal in District 3 — where Queensway Tower sits — in the last 12 months, across all property types.
Active agents · 12mo
7,621
District 3 · closed ≥1 deal
Deals on record
38,483
all-time · all property types
Source: CEA public transaction records, attributed to District 3across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Queensway Tower?
Queensway Tower has 2 units listed for sale, spanning 2–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 1 | S$1.80M–S$1.80M | — |
| 3-bedroom | 1 | S$2.59M–S$2.59M | — |
Where is Queensway Tower and what's nearby?
Queensway Tower is located in Queenstown, in the Central Region of Singapore.
Queensway Tower is a freehold apartment completed in 1976. The development has 78 residential units. It sits on a land area of 9,322 sqm.
QUEENSWAY TOWER is located at 1 Queensway, Singapore 149053. It is part of District 03, Queenstown / Tiong Bahru, Queenstown. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Queenstown MRT, approximately 827m away, around 13 minutes on foot. Nearby amenities include Anchorpoint for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Alexandra Village Food Centre for food options.
Who built Queensway Tower and how big is the development?
Queensway Tower was developed by —, with 78 units.
- Blocks
- 1
- Land area
- 9,322 sqm (100,341 sqft)
How far is Queensway Tower from MRT and schools?
The nearest MRT/LRT to Queensway Tower is Queenstown MRT, about 827 m away (~13 min walk).
Getting around
- Queenstown MRT827 m · ~13 min
Schools nearby
- Queenstown Primary SchoolPrimary school1.0 km
- Bukit Merah Secondary SchoolSecondary school1.1 km
- Queenstown Secondary SchoolSecondary school1.3 km
- Gan Eng Seng Primary SchoolPrimary school1.4 km
- New Town Primary SchoolPrimary school1.4 km
- Blangah Rise Primary SchoolPrimary school1.4 km
- Queensway Secondary SchoolSecondary school1.4 km
- Crescent Girls' SchoolSecondary school1.7 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Queensway Tower?
Buying a unit at Queensway Tower (~S$2.05M) needs about S$15,007/mo in income and S$6,904/mo in repayments, after S$72,100 stamp duty and a S$513k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.05M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$72,100
BSD, tiered
Downpayment (25%)
S$513k
cash + CPF
Monthly instalment
S$6,904/mo
30y @ 3.5%
Income required
S$15,007/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Queensway Tower? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Queensway Tower's own transactions.
PropKakiRecent units at Queensway Tower sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Queensway Tower
How much does a unit at Queensway Tower cost?⌄
Units at Queensway Tower have recently transacted around S$2.05M (S$1,350 psf), from 106 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Queensway Tower?⌄
For a unit around S$2.05M as a first home, you'd need roughly S$15,007/mo in income (assessed at the stress-test rate), with repayments near S$6,904/mo after a S$513k (25%) downpayment and S$72,100 Buyer's Stamp Duty.
Is Queensway Tower a good investment?⌄
Gross rental yield is about 1.7%; median PSF has risen about 57% since 2012. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Queensway Tower going up?⌄
The median transacted PSF at Queensway Tower has risen about 57% between 2012 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Queensway Tower freehold or leasehold?⌄
Queensway Tower is freehold — ownership does not expire.
When was Queensway Tower built and who developed it?⌄
Queensway Tower obtained TOP in 1976, with 78 units across 1 block.
How many units are for sale at Queensway Tower?⌄
There are 2 units for sale at Queensway Tower, from S$1.80M to S$2.59M.
What is the nearest MRT to Queensway Tower?⌄
The nearest MRT/LRT station to Queensway Tower is Queenstown MRT, about 827 m away (~13 min walk).