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Singapore Property News, Insights and Analysis

Completed 1976

Queensway Tower

D03 · Alexandra / Commonwealth · 1 Queensway

A 78-unit freehold apartment in D03, completed in 1976.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
$1,388
Avg $psf, 12 months
2
Sales, 12 months
1976
Completed

What brings you to Queensway Tower?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $2.278M, across 2 sales. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Queensway Tower prices

Last 12 months
2
Sales
$1,388
Average $psf
$1,374 – $1,402
$psf range
$2.28M
Price range
By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
1,300–1,599 sq ft2 sales$1,402 psfAvg $2.06M$1.86M – $2.25M
1,600–1,999 sq ft4 sales$1,416 psfAvg $2.33M$2.18M – $2.58M
Average $psf by year
In 2025, sales here averaged $1,520 psf, 44% below the D03 average of $2,713 psf for private homes (condos, apartments and ECs).
This condoD03 average
Show as a table
YearThis condoD03 average
2026$1,388$2,389
2025$1,520$2,713
2024$1,325$2,201
2023$1,291$2,259
2021$1,140$2,042
2020$961$2,004
2019$1,045$1,962
2018$845$1,759
2017$896$1,686
2016$877$1,610
2014$943$1,652
2013$992$1,698
Sales by year
70 sales since 2007; the busiest year was 2007 with 15. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202622
202522
202422
202355
202200
202188
202022
201911
201811
201733
201655
201500
201411
201322
201233
201166
201099
200911
200822
20071515
Sales in the last two years
4 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
20 Jan 2026#10-XX1,658 sq ft$2.28M$1,374 psfResale
8 Jan 2026#07-XX1,625 sq ft$2.28M$1,402 psfResale
14 Aug 2025#14-XX1,679 sq ft$2.58M$1,536 psfResale
14 Jan 2025#05-XX1,496 sq ft$2.25M$1,504 psfResale
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Queensway Tower rent

Leases starting Sep 2025–Aug 2026
6
Leases
$4,450
Median rent a month

D03 median rent: $4,700 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD03 median
2-Bedroom3 leases$4,500 median$4,000 – $4,750D03 $4,750
3-Bedroom3 leases$4,400 median$4,200 – $5,000D03 $6,500
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Location

Near Queensway Tower

MRT stations
EW Queenstown 1.2 km · 14 min walk
EW Redhill 1.8 km · 22 min walk
CC Labrador Park 1.9 km · 23 min walk
EW Commonwealth 2.1 km · 25 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 2 km
Queenstown Primary School 1.0 km · 17 min walk
Gan Eng Seng Primary School 1.4 km · 17 min walk
Blangah Rise Primary School 1.4 km · 23 min walk
New Town Primary School 1.4 km · 20 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Telok Blangah Hill Park 1.2 km · 15 min
Clinic Shalom Clinic & Surgery 220 m · 3 min
Supermarket Cold Storage / Giant 360 m · 4 min
Hawker centre Alexandra Village Food Centre 290 m · 3 min
Map of the area around Queensway Tower, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

05 — Nearby

Condos and supply around Queensway Tower

Upcoming supply
Margaret Drive1.2 km · about 444 units · 0.95 ha Awarded · $12,427 psm GFA · Aug 2024
Media Circle (Parcel A)1.2 km · about 314 units · 0.76 ha Awarded · $11,158 psm GFA · Mar 2025
Media Circle1.2 km · about 343 units · 1.06 ha Awarded · $12,820 psm GFA · Feb 2024
Media Circle1.2 km · about 266 units · 0.57 ha Available for application

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

06 — From Stacked

Read more about Queensway Tower

1 more article mentions Queensway Tower.

Source: Stacked Homes editorial

07 — FAQ

Questions about Queensway Tower

Is Queensway Tower freehold?

Yes. Queensway Tower is a freehold apartment.

When was Queensway Tower completed?

1976.

How many units does Queensway Tower have?

78 units.

What is the price psf at Queensway Tower?

2 sales in the last 12 months averaged $1,388 psf, ranging from $1,374 to $1,402 psf.

What did the latest sale go for?

A 1,658 sq ft unit sold for $2.28M ($1,374 psf) on 20 Jan 2026.

How much is the rent at Queensway Tower?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,450 a month ($4,500 for a 2-bedroom and $4,400 for a 3-bedroom).

What is the nearest MRT station?

Queenstown (EW), a 14-minute walk (1.2 km). Redhill (EW) is 1.8 km away.

Answers generated from the data on this page, Nov 2026