Issue 001August 7, 2026

Queenstown Town Pulse | July 2026 | HDB Resale & Rental

Queenstown Pulse July 2026
Roncasa ▪ Town Pulse Queenstown · Central Region Verified as of 11 Aug 2026 July 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Landlord's Market
Median PSF · July 2026
$1,059 ▼ -1.5% MoM
Resale Transactions
91
▲ 44.4% vs prior mth
vs Region Median
+43.3%
▲ $739 base
Town Rank
#1 / 9
Central region by PSF

Queenstown is trading about 43% above the wider region median — that gap is worth understanding before you make a move here.

Transaction volume picked up in Queenstown in July 2026, with 91 resale transactions compared to 63 in June. Month-on-month, the town median PSF softened 1.5% to $1,059 — giving buyers a softer entry point. The town sits above the regional median of $739 psf (+43.3%).

$1,059
Median PSF
91
Resale Transactions
#1
Town Rank (Central)

Verified as of 11 Aug 2026 · Latest resale data through Jul 2026 · Latest rental data through Jul 2026

01Town Context
$630$940$1,251MayJunJul2-Room3-Room4-Room5-RoomExecutive

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 $1,059
Central Region $739 -30.2%
Island Wide $594 -43.9%

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 7 transactions $1,284
Dawson Rd 6 transactions $1,199
Dawson Rd 6 transactions $1,231
Strathmore Ave 4 transactions $1,218
Holland Ave 4 transactions $675

Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.

Share of Town HDB Stock Transacted
0.29%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 91 $464,000 $832,888 $1,080,000 $1,059
2-Room 4 $435,000 $505,000 $564,000 $998
3-Room 44 $374,000 $464,000 $802,000 $663
4-Room 34 $932,500 $1,064,000 $1,135,350 $1,118
5-Room 9 $1,325,000 $1,390,000 $1,448,888 $1,191
Executive 0 No transactions this month

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.

July 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.

The $1,059 median PSF represents a 1.5% dip against June's $1,075. Transaction count rose 44% from 63 to 91. Both sides should anchor to recent comparables.

Dawson Rd led with 7 transactions (8% of all town resale) at a median $1,284 psf — 21% above the town median. Dawson Rd followed with 6 transactions.

3-Room flats led resale activity in July 2026, accounting for 44 of 91 transactions (48%) at a median $663 psf. That flat type's PSF moved 35.8% down month-on-month.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
86 Dawson Rd 5-Room 40 TO 42 1,119 $1,520,000 $1,358 89 years
01 month
96 Dawson Rd 5-Room 19 TO 21 1,163 $1,500,000 $1,290 94 years
03 months
23 Ghim Moh Link 5-Room 25 TO 27 1,216 $1,448,888 $1,191 85 years
09 months
96 Dawson Rd 5-Room 07 TO 09 1,163 $1,430,000 $1,230 94 years
03 months
40A Margaret Dr 5-Room 13 TO 15 1,163 $1,390,000 $1,196 94 years
07 months
Block / Street Flat Type Storey Size Price PSF Lease Left
95 Dawson Rd 2-Room 31 TO 33 506 $696,000 $1,376 94 years
04 months
52 C'wealth Dr 2-Room 04 TO 06 506 $520,000 $1,028 87 years
08 months
35 Margaret Dr 2-Room 07 TO 09 506 $490,000 $969 94 years
07 months
96 C'wealth Cres 2-Room 04 TO 06 506 $270,000 $534 43 years
01 month
Block / Street Flat Type Storey Size Price PSF Lease Left
95 Dawson Rd 3-Room 34 TO 36 678 $888,000 $1,309 94 years
04 months
95 Dawson Rd 3-Room 19 TO 21 678 $880,000 $1,298 94 years
04 months
95 Dawson Rd 3-Room 31 TO 33 678 $870,888 $1,284 94 years
04 months
94 Dawson Rd 3-Room 19 TO 21 678 $870,000 $1,283 94 years
04 months
95 Dawson Rd 3-Room 37 TO 39 710 $859,000 $1,209 94 years
04 months
Block / Street Flat Type Storey Size Price PSF Lease Left
93 Dawson Rd 4-Room 22 TO 24 1,044 $1,288,888 $1,234 88 years
10 months
53 Strathmore Ave 4-Room 43 TO 45 893 $1,200,000 $1,343 93 years
06 months
88 Dawson Rd 4-Room 43 TO 45 936 $1,190,000 $1,271 89 years
02 months
78 Dawson Rd 4-Room 28 TO 30 947 $1,180,000 $1,246 93 years
04 months
79 Dawson Rd 4-Room 25 TO 27 947 $1,170,000 $1,235 93 years
05 months
Block / Street Flat Type Storey Size Price PSF Lease Left
86 Dawson Rd 5-Room 40 TO 42 1,119 $1,520,000 $1,358 89 years
01 month
96 Dawson Rd 5-Room 19 TO 21 1,163 $1,500,000 $1,290 94 years
03 months
23 Ghim Moh Link 5-Room 25 TO 27 1,216 $1,448,888 $1,191 85 years
09 months
96 Dawson Rd 5-Room 07 TO 09 1,163 $1,430,000 $1,230 94 years
03 months
40A Margaret Dr 5-Room 13 TO 15 1,163 $1,390,000 $1,196 94 years
07 months

No transactions this month for this flat type.

Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.

Lease Decay Comparison

$1,21190+$1,11580-89$91770-79$84560-69$623under-60

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 $1,192 psf against $559 psf for the under-60 band, a 53% 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 1312-mo avg · 13 transactions $295,000 $596
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 17 $808,000 $1,192
80-89 years 4512-mo avg · 45 transactions $770,000 $1,115
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 25 $385,000 $559
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 13 $1,111,000 $1,231
80-89 years 15 $1,050,000 $1,096
70-79 years 4012-mo avg · 40 transactions $907,500 $907
60-69 years 712-mo avg · 7 transactions $945,000 $836
under-60 years 1712-mo avg · 17 transactions $595,000 $649
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 2412-mo avg · 24 transactions $1,354,000 $1,139
70-79 years 1812-mo avg · 18 transactions $1,150,000 $927
60-69 years 1312-mo avg · 13 transactions $1,185,000 $853
under-60 years 1212-mo avg · 12 transactions $967,500 $776
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 Last transacted: Nov 2024 · $842 psf
60-69 years 4 Last transacted: Feb 2026 · $871 psf
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.

03Rental MarketLatest available: Jul 2026 · HDB rental lodgements typically lag ~1 month behind resale
Median Rent
$2,500/mo
12-mo avg · 35 leases
Rent MoM
n/a
Leases This Month
4
Lease Volume MoM (vacancy proxy)
n/a
Median Rent
$3,100/mo
Rent MoM
+0.8%
Leases This Month
79
Lease Volume MoM (vacancy proxy)
+1.3%

Rents holding steady (+0.8% MoM) on steady lease volume.

Top Streets — 3-Room Rentals

Street Leases Median Rent
Holland Cl 6 $3,525/mo
C'wealth Dr 4 $2,750/mo
Holland Dr 4 $3,350/mo
Median Rent
$4,465/mo
Rent MoM
+3.8%
Leases This Month
54
Lease Volume MoM (vacancy proxy)
+17.4%

Rents firming (+3.8% MoM) on rising lease volume.

Top Streets — 4-Room Rentals

Street Leases Median Rent
Tanglin Halt Rd 5 $4,500/mo
Dawson Rd 3 $4,800/mo
Strathmore Ave 3 $4,300/mo
Median Rent
$4,500/mo
Rent MoM
+2.3%
Leases This Month
17
Lease Volume MoM (vacancy proxy)
-37.0%

Rents firming (+2.3% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Top Streets — 5-Room Rentals

Street Leases Median Rent
Dover Cres 2 $4,600/mo
Ghim Moh Rd 2 $4,500/mo
C'wealth Dr 1 $5,600/mo
Median Rent
$5,200/mo
12-mo avg · 5 leases
Rent MoM
n/a
Leases This Month
1
Lease Volume MoM (vacancy proxy)
n/a

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.

Ron's Read

Queenstown held its pricing in July 2026 with minimal movement. That kind of stability reflects a balanced market — neither side holds strong leverage. Anchor to recent comparables on both sides. Sentiment isn't driving this market right now — data is. That 53% 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.

05What It Means For You
What It Means For You
Typical Entry Price
$318,557
12-mo avg · 23 transactions
vs Region Median PSF
-14.8%
Est. Gross Yield
~9.4%
12-mo avg basis
Rental Range
$2,100–$2,750/mo

Flat — no clear month-on-month signal yet for this flat type; anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$449,726
vs Region Median PSF
-10.3%
Est. Gross Yield
~8.3%
Rental Range
$2,900–$3,400/mo

Softening (-35.8% MoM) — a reasonable window to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,059,033
vs Region Median PSF
+51.3%
Est. Gross Yield
~5.1%
Rental Range
$4,025–$4,688/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,410,427
vs Region Median PSF
+61.2%
Est. Gross Yield
~3.8%
Rental Range
$4,300–$4,700/mo

Rising (+27.7% MoM) — expect less room to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation

Last transacted: Feb 2026 · $1,360,000 ($871 psf)

Resale Transactions
4
Exit Price Est.
$318,557
12-mo avg · 23 transactions
Exit Median PSF
$630

Flat — no clear month-on-month PSF signal yet for this flat type.

35 leases over the trailing 12 months (12-mo avg · 35 leases) — this month's count is too thin for a MoM read. Currently -14.8% vs the region median.

Get a Free Valuation
Resale Transactions
44
Exit Price Est.
$449,726
Exit Median PSF
$663

Softening (-35.8% MoM) — buyers may push back on this flat type.

Rental steady, +0.8% MoM (79 leases last month). Currently -10.3% vs the region median.

Get a Free Valuation
Resale Transactions
34
Exit Price Est.
$1,059,033
Exit Median PSF
$1,118

Flat (+0.8% MoM) — anchor to recent comparables.

Rental strong, +3.8% MoM — supports pricing (54 leases last month). Currently +51.3% vs the region median.

Get a Free Valuation
Resale Transactions
9
Exit Price Est.
$1,410,427
Exit Median PSF
$1,191

Rising (+27.7% MoM) — expect less room to negotiate on this flat type.

Rental strong, +2.3% MoM — supports pricing (17 leases last month). Currently +61.2% vs the region median.

Get a Free Valuation

Last transacted: Feb 2026 · $1,360,000 ($871 psf)

Median Rent
$2,500/mo
12-mo avg · 35 leases
Low–High Range
$2,100–$2,750/mo
Est. Gross Yield
~9.4%
12-mo avg basis

12-mo avg · 35 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,100/mo
Low–High Range
$2,900–$3,400/mo
Est. Gross Yield
~8.3%

Rents holding steady (+0.8% MoM) on steady lease volume.

Street Leases Median Rent
Holland Cl 6 $3,525/mo
C'wealth Dr 4 $2,750/mo
Holland Dr 4 $3,350/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,465/mo
Low–High Range
$4,025–$4,688/mo
Est. Gross Yield
~5.1%

Rents firming (+3.8% MoM) on rising lease volume.

Street Leases Median Rent
Tanglin Halt Rd 5 $4,500/mo
Dawson Rd 3 $4,800/mo
Strathmore Ave 3 $4,300/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,500/mo
Low–High Range
$4,300–$4,700/mo
Est. Gross Yield
~3.8%

Rents firming (+2.3% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Street Leases Median Rent
Dover Cres 2 $4,600/mo
Ghim Moh Rd 2 $4,500/mo
C'wealth Dr 1 $5,600/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$5,200/mo
12-mo avg · 5 leases
Low–High Range
$4,700–$5,500/mo
Est. Gross Yield

12-mo avg · 5 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy