Queenstown is trading about 28% above the wider region median — that gap is worth understanding before you make a move here.
Volume cooled noticeably in Queenstown in August 2026, with 73 resale transactions compared to 91 in July. Month-on-month, the town median PSF softened 8.2% to $972 — giving buyers a softer entry point. The town sits above the regional median of $762 psf (+27.6%).
Verified as of 21 Sep 2026 · Latest resale data through Aug 2026 · Latest rental data through Aug 2026
Queenstown median PSF by flat type (2/3/4/5-Room + Executive), last 3 months. Source: HDB Resale Transactions, data.gov.sg.
| Scope | Median PSF | vs Queenstown |
|---|---|---|
| Queenstown | $972 | — |
| Central Region | $762 | -21.6% |
| Island Wide | $601 | -38.2% |
Queenstown ranks #1 of 9 Central region towns by median resale PSF this month. Source: HDB Resale Transactions, data.gov.sg.
Top Streets by Volume
| Street | Transactions | Median PSF |
|---|---|---|
| Dawson Rd | 5 transactions | $1,231 |
| Dawson Rd | 4 transactions | $1,312 |
| Dawson Rd | 3 transactions | $1,162 |
| Ghim Moh Link | 3 transactions | $1,084 |
| Ghim Moh Link | 3 transactions | $1,179 |
Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.
Price Bands by Flat Type
| Flat Type | n | Low (P25) | Median | High (P75) | Median PSF |
|---|---|---|---|---|---|
| Overall | 73 | $450,000 | $848,000 | $1,085,000 | $972 |
| 2-Room | 0 | No transactions this month | |||
| 3-Room | 36 | $340,000 | $480,000 | $780,000 | $670 |
| 4-Room | 29 | $962,888 | $1,080,000 | $1,158,888 | $1,092 |
| 5-Room | 7 | $909,444 | $1,200,000 | $1,425,000 | $820 |
| Executive | 1 | $1,390,000 | $1,390,000 | $1,390,000 | $884 |
Low/High = P25–P75 (APPROX_QUANTILES)
P25 (Low): 25% of flats sold below this price.
P50 (Median): The exact middle market price.
P75 (High): 75% of flats sold below this price.
August 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.
The $972 median PSF represents a 8.2% dip against July's $1,059. Transaction count fell 20% from 91 to 73. If you're a buyer, this is a reasonable window to negotiate.
Dawson Rd led with 5 transactions (7% of all town resale) at a median $1,231 psf — 27% above the town median. Dawson Rd followed with 4 transactions.
3-Room flats led resale activity in August 2026, accounting for 36 of 73 transactions (49%) at a median $670 psf.
Top Transactions
| Block / Street | Flat Type | Storey | Size | Price | PSF | Lease Left |
|---|---|---|---|---|---|---|
| 92 Dawson Rd | 5-Room | 40 TO 42 | 1,066 | $1,510,000 | $1,417 | 88 years 09 months |
| 28 Ghim Moh Link | 5-Room | 34 TO 36 | 1,216 | $1,500,000 | $1,233 | 85 years 09 months |
| 149 Mei Ling St | Executive | 04 TO 06 | 1,572 | $1,390,000 | $884 | 68 years 03 months |
| 52 Strathmore Ave | 5-Room | 37 TO 39 | 1,184 | $1,350,000 | $1,140 | 79 years 05 months |
| 96 Dawson Rd | 4-Room | 37 TO 39 | 926 | $1,218,000 | $1,316 | 94 years 03 months |
No transactions this month for this flat type.
| Block / Street | Flat Type | Storey | Size | Price | PSF | Lease Left |
|---|---|---|---|---|---|---|
| 50 Stirling Rd | 3-Room | 01 TO 03 | 1,102 | $1,040,888 | $944 | 40 years 11 months |
| 94 Dawson Rd | 3-Room | 28 TO 30 | 678 | $925,000 | $1,364 | 94 years 03 months |
| 95 Dawson Rd | 3-Room | 28 TO 30 | 678 | $910,888 | $1,343 | 94 years 02 months |
| 94 Dawson Rd | 3-Room | 22 TO 24 | 678 | $900,000 | $1,327 | 94 years 03 months |
| 96 Dawson Rd | 3-Room | 28 TO 30 | 678 | $838,000 | $1,236 | 94 years 02 months |
| Block / Street | Flat Type | Storey | Size | Price | PSF | Lease Left |
|---|---|---|---|---|---|---|
| 96 Dawson Rd | 4-Room | 37 TO 39 | 926 | $1,218,000 | $1,316 | 94 years 03 months |
| 88 Dawson Rd | 4-Room | 19 TO 21 | 936 | $1,200,000 | $1,281 | 89 years 01 month |
| 33 Ghim Moh Link | 4-Room | 25 TO 27 | 1,001 | $1,200,000 | $1,199 | 90 years 10 months |
| 31 Ghim Moh Link | 4-Room | 31 TO 33 | 1,001 | $1,200,000 | $1,199 | 90 years 10 months |
| 5 Holland Cl | 4-Room | 13 TO 15 | 1,130 | $1,200,000 | $1,062 | 71 years 04 months |
| Block / Street | Flat Type | Storey | Size | Price | PSF | Lease Left |
|---|---|---|---|---|---|---|
| 92 Dawson Rd | 5-Room | 40 TO 42 | 1,066 | $1,510,000 | $1,417 | 88 years 09 months |
| 28 Ghim Moh Link | 5-Room | 34 TO 36 | 1,216 | $1,500,000 | $1,233 | 85 years 09 months |
| 52 Strathmore Ave | 5-Room | 37 TO 39 | 1,184 | $1,350,000 | $1,140 | 79 years 05 months |
| 145 Mei Ling St | 5-Room | 01 TO 03 | 1,464 | $1,200,000 | $820 | 68 years 01 month |
| 14 Ghim Moh Rd | 5-Room | 04 TO 06 | 1,259 | $910,000 | $723 | 49 years 05 months |
| Block / Street | Flat Type | Storey | Size | Price | PSF | Lease Left |
|---|---|---|---|---|---|---|
| 149 Mei Ling St | Executive | 04 TO 06 | 1,572 | $1,390,000 | $884 | 68 years 03 months |
Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.
Lease Decay Comparison
Median PSF by remaining lease band, blended across 2/3/4/5-Room and Executive flats. Detail by flat type below. Source: HDB Resale Transactions, data.gov.sg.
3-Room flats in Queenstown show a real lease-decay gap — units with 90+ years remaining trade at $1,211 psf against $526 psf for the under-60 band, a 57% spread. That's the clearest single number in this report for anyone deciding how much a shorter lease should actually discount a flat.
Unit Type Breakdown
| Lease Band | N (Txn this mth) | Median Price | Median PSF |
|---|---|---|---|
| 90+ years | 612-mo avg · 6 transactions | $544,500 | $1,076 |
| 80-89 years | 4 | Last transacted: Jul 2026 · $1,028 psf | |
| 70-79 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| 60-69 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| under-60 years | 912-mo avg · 9 transactions | $285,000 | $576 |
| Lease Band | N (Txn this mth) | Median Price | Median PSF |
|---|---|---|---|
| 90+ years | 10 | $821,500 | $1,211 |
| 80-89 years | 5 | $730,000 | $1,012 |
| 70-79 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| 60-69 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| under-60 years | 21 | $353,888 | $526 |
| Lease Band | N (Txn this mth) | Median Price | Median PSF |
|---|---|---|---|
| 90+ years | 9 | $1,158,888 | $1,199 |
| 80-89 years | 13 | $1,065,000 | $1,139 |
| 70-79 years | 4212-mo avg · 42 transactions | $912,500 | $914 |
| 60-69 years | 912-mo avg · 9 transactions | $945,000 | $836 |
| under-60 years | 1812-mo avg · 18 transactions | $587,500 | $644 |
| Lease Band | N (Txn this mth) | Median Price | Median PSF |
|---|---|---|---|
| 90+ years | 1012-mo avg · 10 transactions | $1,434,000 | $1,242 |
| 80-89 years | 2312-mo avg · 23 transactions | $1,380,000 | $1,143 |
| 70-79 years | 1712-mo avg · 17 transactions | $1,178,000 | $963 |
| 60-69 years | 1412-mo avg · 14 transactions | $1,186,944 | $850 |
| under-60 years | 1412-mo avg · 14 transactions | $939,000 | $748 |
| Lease Band | N (Txn this mth) | Median Price | Median PSF |
|---|---|---|---|
| 90+ years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| 80-89 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| 70-79 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
| 60-69 years | 512-mo avg · 5 transactions | $1,360,000 | $871 |
| under-60 years | 0 | No resale transactions lodged in the past 5 years for this size. | |
Lease Bands: Remaining years on the lease. Low Volumes: If under 5 sales, data expands.
Fallback 1: Uses 12-month average (flagged). Fallback 2: Uses 5-year transaction history.
Data Source: HDB Resale Transactions, data.gov.sg.
Rents softening (-3.2% MoM) on steady lease volume.
Top Streets — 3-Room Rentals
| Street | Leases | Median Rent |
|---|---|---|
| Dover Cres | 6 | $3,100/mo |
| Stirling Rd | 6 | $2,950/mo |
| Holland Ave | 4 | $3,150/mo |
Rents softening (-8.2% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.
Top Streets — 4-Room Rentals
| Street | Leases | Median Rent |
|---|---|---|
| Ghim Moh Link | 3 | $4,400/mo |
| Dover Cres | 2 | $3,350/mo |
| Ghim Moh Link | 2 | $4,200/mo |
Rents holding steady (+1.1% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.
Top Streets — 5-Room Rentals
| Street | Leases | Median Rent |
|---|---|---|
| Dover Cres | 1 | $3,500/mo |
| Dover Cres | 1 | $3,600/mo |
| Ghim Moh Link | 1 | $4,600/mo |
HDB leases lodged with HDB / data.gov.sg. Excludes private residential. No vacancy_supply table equivalent exists for HDB — lease-volume MoM is used here as the vacancy proxy signal. Source: HDB Rental Transactions, data.gov.sg.
Queenstown saw both prices and volume ease in August 2026 — the kind of double softening that creates real negotiating room. Not a distressed signal, but sellers who priced optimistically may need to recalibrate. For buyers, this is a window — softening PSF is the better entry setup. Don't wait for the market to confirm the bottom. That 57% 3-Room lease-decay spread between the 90+ and under-60 bands is the number to anchor any negotiation on a shorter-lease unit here — don't let a seller price a thinning lease like a fresh one.
Flat — no clear month-on-month PSF signal yet for this flat type.
33 leases over the trailing 12 months (12-mo avg · 33 leases) — this month's count is too thin for a MoM read. Currently +27.1% vs the region median.
Get a Free ValuationFlat (+1.0% MoM) — anchor to recent comparables.
Rental softening, -3.2% MoM — price with that in mind (85 leases last month). Currently -12.1% vs the region median.
Get a Free ValuationSoftening (-2.4% MoM) — buyers may push back on this flat type.
Rental softening, -8.2% MoM — price with that in mind (32 leases last month). Currently +43.3% vs the region median.
Get a Free ValuationSoftening (-31.2% MoM) — buyers may push back on this flat type.
Rental steady, +1.1% MoM (12 leases last month). Currently +7.6% vs the region median.
Get a Free ValuationFlat — no clear month-on-month PSF signal yet for this flat type.
6 leases over the trailing 12 months (12-mo avg · 6 leases) — this month's count is too thin for a MoM read. Currently +14.4% vs the region median.
Get a Free Valuation12-mo avg · 33 leases
Low/High = P25–P75 rent range this month.
Talk Rental StrategyRents softening (-3.2% MoM) on steady lease volume.
| Street | Leases | Median Rent |
|---|---|---|
| Dover Cres | 6 | $3,100/mo |
| Stirling Rd | 6 | $2,950/mo |
| Holland Ave | 4 | $3,150/mo |
Low/High = P25–P75 rent range this month.
Talk Rental StrategyRents softening (-8.2% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.
| Street | Leases | Median Rent |
|---|---|---|
| Ghim Moh Link | 3 | $4,400/mo |
| Dover Cres | 2 | $3,350/mo |
| Ghim Moh Link | 2 | $4,200/mo |
Low/High = P25–P75 rent range this month.
Talk Rental StrategyRents holding steady (+1.1% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.
| Street | Leases | Median Rent |
|---|---|---|
| Dover Cres | 1 | $3,500/mo |
| Dover Cres | 1 | $3,600/mo |
| Ghim Moh Link | 1 | $4,600/mo |
Low/High = P25–P75 rent range this month.
Talk Rental Strategy12-mo avg · 6 leases
Low/High = P25–P75 rent range this month.
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