District 03 rent and sale trends

Queenstown, Tiong Bahru Private residential prices, rents and project comparisons.

D03 Market Brief

Read the district signal first, then confirm any rent, offer or asking price against a specific project.

District signals

Market direction Mixed / steady

Is D03 getting more expensive?

Rent is down 2.1% over the last 3 months. Sale PSF is down 1.4% over the last 3 months. Read this as a district signal, then confirm with specific project pages.

Transaction activity -27.3%

Is volume rising?

Transaction volume is lighter. 2,444 records in the latest 6-month view versus 3,364 in the prior view.

Relative value 10.3% above

Is this district priced above nearby areas?

D03 median sale PSF is above the nearby set (D01, D02, D04). Buyers should be stricter on project-specific comps.

Before you decide

For renters $4,350 to $4,700

Start with the district rent band

Rent momentum looks softening. Use this as the opening rent range, then tighten it with the exact project page, unit size and latest contracts.

For buyers $2,304 to $2,447 psf

Use PSF comps before chasing

Sale PSF is steady. Treat this as the first comparable range, then check nearby projects and recent transactions before making an offer.

For sellers and landlords Up to $2,050,000

Price close to recent evidence

If your unit has a clear advantage, test slightly above the district median. Otherwise, anchor to the project page so the ask does not look disconnected from recent contracts.

D03 project map

Explore the top 8 projects by transaction depth across rental and sale records.

Project discovery in D03

Shortlists that help renters, buyers and owners move faster than scrolling the full directory.

Freehold vs leasehold in D03

Tenure matters most when buying or selling. Rentals still need project-level comps.

D03 has 16 freehold projects and 28 leasehold projects in our project records. For buyers, tenure should be part of the sale comparison because freehold projects can trade differently from newer leasehold projects with more facilities and cleaner recent comparables.

For renters, tenure is mostly background. Rent should still be judged by the exact project, unit size, condition, MRT access, schools and the latest rent data. Use tenure as a buying lens first, not as the main reason to pay more rent.

1 projects still need tenure added, so this mix will improve as we add more project facts.
Freehold 16 projects
3,968 transactions · 15.0% of D03 transactions
Leasehold 27 projects
22,289 transactions · 84.1% of D03 transactions
Long leasehold 1 projects
53 transactions · 0.2% of D03 transactions
Tenure pending 1 projects
199 transactions · 0.8% of D03 transactions

Top projects to explore

Prioritized by transaction depth across rental and sale records. Smaller projects still matter, but they need project-level context.

Project directory in D03

Browse the remaining 37 projects in Queenstown, Tiong Bahru. Lower-volume projects can be useful, but read them with nearby comps.

Project Tenure Transactions Typical rent Sale PSF Latest record
Echelon 99-year leasehold from 2012 1,044 $5,000 $2,117 psf Jul 2026 Highline Residences 99-year leasehold from 2013 1,019 $5,500 $2,300 psf Aug 2026 One Pearl Bank 99-year leasehold from 2019 928 $4,400 $2,600 psf Aug 2026 Alex Residences 99-year leasehold from 2013 926 $4,400 $2,130 psf Jul 2026 Alexis Freehold 895 $3,100 $1,770 psf Jul 2026 Queens 99-year leasehold from 1998 870 $5,500 $1,542 psf Jul 2026 Riviere 99-year leasehold from 2018 828 $7,000 $2,857 psf Jul 2026 Central Green Condominium 99-year leasehold from 1992 664 $4,500 $1,584 psf Aug 2026 Zyon Grand 99-year leasehold from 2024 637 - $3,052 psf Jul 2026 The Crest 99-year leasehold from 2012 634 $5,300 $1,953 psf Jul 2026 Artra 99-year leasehold from 2016 593 $6,200 $2,340 psf Aug 2026 The Metropolitan Condominium 99-year leasehold from 2006 588 $5,800 $1,751 psf Aug 2026 Ascentia Sky 99-year leasehold from 2008 542 $6,200 $1,782 psf Jul 2026 Margaret Ville 99-year leasehold from 2017 512 $4,000 $2,193 psf Jul 2026 The Landmark 99-year leasehold from 2020 497 $4,425 $2,631 psf Jul 2026 Penrith 99-year leasehold from 2024 455 - $2,793 psf Aug 2026 Promenade Peak 99-year leasehold from 2024 429 - $2,942 psf Jul 2026 Emerald Park 99-year leasehold from 1991 416 $4,200 $1,571 psf Jul 2026 Tanglin View 99-year leasehold from 1997 409 $5,300 $1,652 psf Jul 2026 Twin Regency Freehold 364 $6,550 $2,011 psf Jul 2026 Meraprime 99-year leasehold from 2003 332 $6,100 $1,906 psf Jul 2026 The Regency at Tiong Bahru Freehold 289 $6,500 $2,276 psf Jul 2026 Domain 21 99-year leasehold from 2004 208 $5,175 $1,795 psf Jul 2026 Non-Landed Housing Development Tenure pending 199 $3,300 - Jul 2026
Showing 24 of 37 projects

Run D03 numbers

Use the typical D03 rent and sale price as a first pass, then move into project-specific pages before deciding.

All tools

D03 FAQ

Quick answers for renters, buyers and owners comparing Queenstown, Tiong Bahru.

What is the typical rent in D03?

The median monthly rent in D03 is $4,600, based on 20,807 rentals on this district page.

What is the typical sale price in D03?

The median sale price in D03 is $1,973,015, with a median sale PSF of $2,376 psf across 5,702 sales.

Which D03 projects have the most transactions?

Stirling Residences has the deepest combined rent and sale evidence on this district page, with 2,117 transactions.

Which projects are strongest for rental and sale comparisons in D03?

Commonwealth Towers is currently strongest for rental evidence, while Zyon Grand is strongest for sale transaction evidence. Always open the project page before making a final rent or sale comparison.

Is D03 mostly freehold or leasehold?

D03 has 16 freehold projects and 28 leasehold projects in the current project records. Tenure matters most for buying and selling, while rents still need exact project and unit-size comparisons.

How current is the D03 data?

The district page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.

About this district data

How to read D03 rental and sale figures.

District pages combine all tracked private residential projects in the postal district.

Rental figures use recorded monthly rent data and are summarized by month.

Sale figures use private residential sale data, including sale price, PSF and total sale value where available.

Guidance cards are estimates based on district-level medians and trends. They are not financial advice.