Queenstown HDB resale prices remained firmly in premium territory in April 2026. The mature estate recorded 56 resale transactions, an average resale price of $819,821, and an average price per square foot of $902.
What stood out was not just the average price, but the concentration of high-value deals. During the latest fully closed month, there were 21 million-dollar HDB resale transactions in the town. The highest recorded resale price was $1,480,000, achieved by a 5-room HDB flat at Block 22 Ghim Moh Link.
Compared with the January to March 2026 baseline, April showed a more nuanced picture:
| Metric | April 2026 | Jan to Mar 2026 baseline | Change |
|---|---|---|---|
| Average resale price | $819,821 | $784,961 | +4.4% |
| Average price per square foot | $902 | $908 | -0.7% |
| Transactions | 56 | 54 average monthly transactions | +3.7% |
| Million-dollar transactions | 21 | 48 across baseline period | — |
Average prices rose even though the average PSF dipped slightly. That made the transaction mix especially important. Larger flats, high-floor HDB units, and homes with longer remaining leases all played a visible role in April’s premium resale activity.
For readers comparing Queenstown with other mature estates, it may also be useful to look at related HDB resale market trends across nearby central locations.
Million-dollar deals formed a major share of the market
With 21 transactions crossing $1 million out of 56 total deals, million-dollar flats formed a substantial share of resale activity in April. The premium segment was led mainly by larger HDB flat types, especially 5-room flats, although 4-room units also featured prominently among the notable transactions.
Highest resale transaction
- Block 22 Ghim Moh Link
- 5-room HDB flat
- $1,480,000
- $1,217 PSF
- 37 to 39 storeys
- 113 sqm / 1,216 sqft
- 86 years remaining lease
- Around 700m from Queenstown MRT
This was followed closely by a 5-room flat at Block 79 Dawson Rd, which sold for $1,438,000 at $1,249 PSF. It was located on the 19 to 21 storey range, had 93 years 08 months remaining lease, and sat within roughly 500m of Queenstown MRT.
Another notable transaction came from Block 13 Holland Dr, where a 5-room flat transacted at $1,380,000. Although it had a shorter remaining lease of 47 years 10 months, its large size of 147 sqm helped support the high overall resale price despite a lower PSF of $872.
This highlighted an important point about Queenstown HDB resale prices: premium valuations were not driven by one factor alone. Floor area, lease profile, floor level, and location all interacted differently across individual transactions.
5-room flats led the highest ticket prices
The flat type breakdown explains why the average resale price stayed elevated even though 3-room flats formed the largest transaction group.
| Flat type | Transactions | Average price | Average PSF | Highest price |
|---|---|---|---|---|
| 2-room | 2 | $539,500 | $1,067 | $549,000 |
| 3-room | 23 | $512,061 | $743 | $885,000 |
| 4-room | 22 | $973,121 | $1,003 | $1,288,000 |
| 5-room | 9 | $1,293,876 | $1,026 | $1,480,000 |
The 5-room segment averaged $1,293,876, making it the strongest-performing flat type by absolute price. The 4-room segment also remained close to the million-dollar threshold, averaging $973,121.
Notable 4-room transactions included:
- Block 89 Dawson Road: 4-room Loft Premium Apartment, $1,288,000 at $1,234 PSF
- Block 53 Commonwealth Drive: 4-room Model A, $1,180,000 at $1,142 PSF
- Block 94 Dawson Road: 4-room Premium Apartment, $1,070,000 at $1,198 PSF
Meanwhile, the 3-room segment produced the month’s highest PSF transaction. A 3-room premium apartment at Block 95 Dawson Rd sold for $885,000, reaching $1,305 PSF while sitting on the 28 to 30 storey range with a long remaining lease.
High-floor HDB flats commanded a strong premium
Floor level was one of the clearest pricing differentiators in April’s transactions.
| Floor band | Transactions | Average price | Average PSF | Highest price |
|---|---|---|---|---|
| Low floor | 15 | $717,708 | $837 | $1,120,000 |
| Mid floor | 23 | $637,323 | $785 | $1,230,000 |
| High floor | 18 | $1,138,105 | $1,107 | $1,480,000 |
High-floor flats averaged $1,138,105 and achieved the strongest average PSF at $1,107.
The top five high-floor transactions all exceeded $1.28 million, led by the $1,480,000 transaction at Block 22 Ghim Moh Link.
The high-floor premium extended beyond large flats. The highest PSF transaction of the month, the 3-room flat at Block 95 Dawson Rd, was also located on a high floor. Similarly, a 4-room flat at Block 89 Dawson Road near Commonwealth MRT achieved $1,288,000 at $1,234 PSF from the 28 to 30 storey range.
Longer leases remained strongly valued
April’s transactions were heavily weighted towards flats with longer remaining leases. The 80+ year lease band recorded the largest number of transactions at 30 deals.
| Lease band | Transactions | Average price | Average PSF | Highest price |
|---|---|---|---|---|
| 80+ years | 30 | $975,585 | $1,095 | $1,480,000 |
| 60 to 79 years | 7 | $1,113,000 | $938 | $1,300,000 |
| 40 to 59 years | 16 | $489,986 | $601 | $1,380,000 |
| Below 40 years | 3 | $337,209 | $498 | $350,000 |
Flats with 80+ years remaining lease achieved the highest average PSF and also produced the month’s highest resale transaction.
The 60 to 79 year lease band recorded the highest average resale price at $1,113,000, supported by several large-format 5-room transactions.
At the other end, flats with less than 40 years remaining lease averaged just $337,209 and $498 PSF, sitting far below the premium transaction levels seen among longer-lease flats.
MRT access remained a recurring feature
Transport accessibility continued to feature prominently across the top resale transactions. Across all April deals, the average MRT distance was approximately 450m, while 35 transactions were located within about 500m of an MRT station.
| Distance to MRT | Transactions | Average price | Average PSF | Highest price |
|---|---|---|---|---|
| Within 300m | 10 | $849,889 | $917 | $1,288,000 |
| Roughly 300m to 500m away | 25 | $851,187 | $904 | $1,438,000 |
| Roughly 500m to 800m away | 21 | $768,162 | $893 | $1,480,000 |
The closest MRT band recorded the highest average PSF at $917, led by a 4-room flat at Block 89 Dawson Road near Commonwealth MRT, which achieved $1,288,000 at $1,234 PSF.
Interestingly, the highest overall resale price, the $1,480,000 transaction at Block 22 Ghim Moh Link, came from the 500m to 800m MRT distance band, reinforcing that MRT proximity was important but not the only pricing driver.
Highest PSF transactions told a different story
The highest PSF deals painted a slightly different picture from the highest absolute resale prices.
The top PSF transaction was the 3-room flat at Block 95 Dawson Rd, which sold for $885,000 at $1,305 PSF. Another unit in the same block achieved $1,236 PSF despite remaining below the million-dollar mark.
Other notable high PSF transactions included:
- Block 79 Dawson Rd, 5-room: $1,438,000 at $1,249 PSF
- Block 89 Dawson Rd, 4-room: $1,288,000 at $1,234 PSF
- Block 22 Ghim Moh Link, 5-room: $1,480,000 at $1,217 PSF
- Block 94 Dawson Rd, 4-room: $1,070,000 at $1,198 PSF
This highlighted how smaller HDB flats with strong lease profiles, floor levels, and locations could outperform on a PSF basis even without crossing the million-dollar threshold.
Key takeaways from April 2026
Several patterns stood out clearly from Queenstown’s April resale market:
- Million-dollar transactions formed a substantial share of overall resale activity.
- 5-room flats led the highest absolute resale prices.
- 4-room flats remained a strong premium segment.
- High-floor units achieved the strongest overall pricing.
- Longer remaining leases were heavily represented among premium transactions.
- MRT access continued to play an important role in pricing.
- Average resale prices rose even as average PSF dipped slightly, showing that transaction mix mattered significantly.
Bottom line
April 2026 reinforced Queenstown’s position as one of Singapore’s premium HDB resale markets. The town recorded a high concentration of million-dollar flats, driven mainly by larger 5-room homes, high-floor units, and flats with longer remaining leases.
At the same time, smaller flats also demonstrated strong pricing power. The standout example was the 3-room flat at Block 95 Dawson Rd, which achieved $1,305 PSF despite remaining below the million-dollar mark.
For buyers, sellers, and market watchers tracking Queenstown HDB resale prices, April’s transactions showed that premium pricing was shaped by a combination of flat type, floor level, lease profile, and MRT accessibility rather than any single factor alone.
FAQs About Queenstown HDB Resale Prices
There were 21 million-dollar HDB resale transactions in Queenstown in April 2026, out of 56 total resale deals.
The highest recorded resale price was $1,480,000 for a 5-room flat at Block 22. The unit was located on the 37 to 39 storey range and had 86 years of remaining lease.
The 5-room segment recorded the highest average resale price at $1,293,876, with the top 5-room transaction reaching $1,480,000.
Yes. High-floor flats averaged $1,138,105 and $1,107 PSF, making them the strongest floor band by both average price and average PSF.
No. The highest PSF transaction was a 3-room flat at Block 95 Dawson Rd, which sold for $885,000 at $1,305 PSF.
MRT access remained relevant, with 35 transactions located within about 500m of an MRT station. However, the highest overall resale price came from a flat located around 700m from Queenstown MRT, showing that floor level, flat size, and remaining lease also mattered strongly.