Queenstown HDB Resale Price

Queenstown is one of Singapore’s oldest and most established mature HDB towns, located within the city fringe District 3 region near the Central Business District. Known for its strong MRT connectivity, mature amenities, and mix of newer and older housing projects, Queenstown has remained one of the most closely watched HDB resale markets in Singapore.

Over the years, Queenstown HDB resale prices have consistently ranked among the highest across Singapore’s HDB towns. Areas such as Dawson, Commonwealth, Mei Ling, Stirling Road, and Margaret Drive have continued to attract strong buyer demand due to their central location, accessibility, and relatively limited housing supply. Newer lease projects, high-floor units, and flats located near MRT stations have frequently achieved strong PSF levels and regular million-dollar resale transactions.

Future transport improvements may continue supporting long-term buyer demand across Queenstown. The completion of the Circle Line loop through the upcoming Keppel, Cantonment, and Prince Edward Road MRT stations is expected to improve connectivity between the city fringe, Marina Bay, HarbourFront, and CBD areas. Flats with stronger access to MRT stations and city-centre commuting routes may continue attracting sustained resale interest over time.

This page serves as the main Queenstown HDB resale price and market analysis hub by HDB Insights. Here, you can explore the latest Queenstown HDB resale prices, monthly transaction activity, PSF trends, flat type performance, million-dollar flat activity, lease profile patterns, MRT proximity trends, and record-setting resale transactions across the town.

May 2026 Queenstown HDB Resale Price Overview

This overview summarises the latest HDB resale transaction activity and pricing trends observed across Queenstown, located in District 03, Central Region.

Queenstown recorded 66 HDB resale transactions in May 2026. The average resale price was $763,586, while the median resale price was $830,000. On a PSF basis, the average price was approximately $894 PSF, while the median PSF was approximately $950 PSF.

The highest recorded resale transaction for the month was $1,450,000 at 22 Ghim Moh Link. This was a high-floor Improved 5-room flat with a floor area of 113 sqm, achieving an estimated $1,192 PSF. The flat was located approximately 720m from Queenstown MRT station.

The highest PSF transaction was recorded at 94 Dawson Road, where a high-floor Premium Apartment 3-room flat achieved approximately $1,298 PSF. The flat was located approximately 600m from Queenstown MRT station.

17 million-dollar HDB resale transactions were recorded in Queenstown during the month. The most active flat type was 3-room, with 34 transactions.

35 transactions were located within 500m of an MRT station during the month.

The data below highlights key resale price movements, transaction activity, and notable market trends observed across Queenstown.

Most Expensive HDB Flat Types Sold in Queenstown

This section tracks the highest recorded HDB resale prices by flat type in Queenstown, based on available resale transactions in the database.

Highest 2-room Resale Price

The current 2-room price record in Queenstown was set by a high-floor 2-Room flat at 95 Dawson Road, which sold for $695,000 in February 2026.

The transaction achieved approximately $1,374 PSF based on a floor area of 47 sqm. The flat was located approximately 680m from Queenstown MRT station.

No near-record attempts have been recorded so far based on the current threshold.

Highest 3-room Resale Price

The current 3-room price record in Queenstown was set by a Terrace flat at 56 Stirling Road, which sold for $930,000 in November 2022.

The transaction achieved approximately $800 PSF based on a floor area of 108 sqm. The flat was located approximately 450m from Queenstown MRT station.

There have been 8 near-record attempts so far, with the closest sale reaching $920,000, about $10,000 below the existing record. The latest near-record attempt was recorded in April 2026.

Highest 4-room Resale Price

The current 4-room price record in Queenstown was set by a high-floor Premium Apartment Loft flat at 90 Dawson Road, which sold for $1,380,000 in August 2024.

The transaction achieved approximately $1,350 PSF based on a floor area of 95 sqm. The flat was located approximately 230m from Commonwealth MRT station.

There have been 3 near-record attempts so far, with the closest sale reaching $1,370,000, about $10,000 below the existing record. The latest near-record attempt was recorded in January 2026.

Highest 5-room Resale Price

The current 5-room price record in Queenstown was set by a mid-floor Premium Apartment Loft flat at 92 Dawson Road, which sold for $1,700,000 in February 2026.

The transaction achieved approximately $1,295 PSF based on a floor area of 122 sqm. The flat was located approximately 580m from Queenstown MRT station.

There has been 1 near-record attempt so far, with the closest sale reaching $1,658,888, about $41,112 below the existing record. The latest near-record attempt was recorded in June 2025.

Highest Executive Resale Price

The current Executive price record in Queenstown was set by a mid-floor Maisonette flat at 147 Mei Ling Street, which sold for $1,510,000 in May 2025.

The transaction achieved approximately $961 PSF based on a floor area of 146 sqm. The flat was located approximately 130m from Queenstown MRT station.

There has been 1 near-record attempt so far, with the closest sale reaching $1,500,000, about $10,000 below the existing record. The latest near-record attempt was recorded in October 2025.

Record levels may change as new resale transactions are recorded. Near-record attempts are useful because they show whether recent transactions are still testing the upper end of the town’s resale price range.

Queenstown HDB Resale Price Summary

What Is the Average HDB Resale Price in Queenstown?

Based on 66 recorded resale transactions in May 2026, the average HDB resale price in Queenstown was approximately $763,586, while the median resale price was approximately $830,000.

This suggests that the typical transaction sat above the overall average, likely because lower-priced flats pulled the average down while many completed sales were still transacting at higher price levels.

What Is the Average PSF in Queenstown?

In May 2026, Queenstown resale flats averaged approximately $894 PSF, while the median PSF stood at approximately $950 PSF. Actual PSF levels can vary depending on flat type, floor area, remaining lease, floor level, and proximity to MRT stations.

A higher median PSF than average PSF suggests that many transactions were clustered at stronger PSF levels, even if some lower-PSF sales reduced the overall average.

Which Flat Type Had the Most Transactions?

3-room flats recorded the highest resale activity in Queenstown during May 2026, with 34 completed transactions.

This indicates that smaller flats formed an important part of resale activity during the month, which can also affect the overall average price and PSF figures.

Which Flat Type Was the Most Expensive?

Among the tracked flat types, 5-room flats recorded the highest average resale price in May 2026 at approximately $1,152,500.

This suggests that larger flats continued to command the highest absolute prices in Queenstown, although PSF performance may still vary by project, lease, floor level, and location.

How Many Million-Dollar HDB Flats Were Sold?

Queenstown recorded 93 million-dollar HDB resale transactions year-to-date through May 2026. Over the rolling 12-month period from June 2025 to May 2026, the town recorded 195 million-dollar resale transactions.

This suggests that million-dollar resale activity is becoming more visible in Queenstown, although it is still likely concentrated among selected larger, newer, or better-located flats.

Queenstown HDB Resale Price FAQs