PropKaki
FreeholdRCRDistrict 3 (Queenstown)

Queensway Tower

Reviewed by Nathan TangUpdated 20 June 2026Data through Jan 2026 (URA)
Quick Summary

Queensway Tower is a freehold apartment in District 3 (Queenstown) that obtained TOP in 1976, with 78 units across 1 block. Units have recently transacted around S$2.05M (S$1,350 psf), from 106 sales on record.

1

What are the key facts about Queensway Tower?

Key Takeaway

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
2

What is the price and PSF at Queensway Tower?

Key Takeaway

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.

3

What has recently sold at Queensway Tower?

Key Takeaway

Queensway Tower has 106 recorded sales; the most recent transacted at S$2,278,000 in Jan 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2026S$2,278,0001,658S$1,374 psf
Jan 2026S$2,278,0001,625S$1,402 psf
Aug 2025S$2,580,0001,679S$1,536 psf
Jan 2025S$2,250,0001,496S$1,504 psf
Aug 2024S$1,861,0001,432S$1,300 psf
Jul 2024S$2,180,0001,615S$1,350 psf
Jul 2023S$1,600,0001,432S$1,118 psf
Jun 2023S$1,700,0001,292S$1,316 psf
Jun 2023S$2,050,0001,496S$1,370 psf
Mar 2023S$1,800,0001,292S$1,394 psf
Mar 2023S$1,800,0001,432S$1,257 psf
Nov 2021S$2,060,0001,679S$1,227 psf

106 sales and 265 rentals on record since Feb 1995. Source: URA.

4

Where is Queensway Tower and what's nearby?

Key Takeaway

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.

5

How far is Queensway Tower from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Queensway Tower is Queenstown MRT, about 827 m away (~13 min walk).

Getting around

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

Mall: Anchorpoint · 211 mSupermarket: L M Meat Pte. Ltd · 211 mHawker centre: Alexandra Village Food Centre · 190 m

Straight-line distances from the development. Source: PropKaki amenities data.

6

What does it cost to own a unit at Queensway Tower?

Key Takeaway

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

7

Frequently asked questions about Queensway Tower

What is the price at Queensway Tower?

Units at Queensway Tower have recently transacted around S$2.05M (S$1,350 psf), from 106 sales on record (URA caveat data).

Is Queensway Tower freehold or leasehold?

Queensway Tower is freehold.

When was Queensway Tower built?

Queensway Tower obtained TOP in 1976.

What is the rental yield at Queensway Tower?

Gross rental yield at Queensway Tower is about 1.7%, based on median current rents and prices.

How many units are in Queensway Tower?

Queensway Tower has 78 units across 1 block.

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).

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