QUEENSWAY TOWER
UrbanLens Analysis
At $1,388 PSF, QUEENSWAY TOWER prices 37% below the District 03 median. Compare that to ZYON GRAND at $3,046 PSF -- a 54% premium that buyers need to justify. The 11-minute walk to Queenstown MRT (848m) is workable, though not the kind of proximity that commands a premium on its own.
The 5.5% gain in two years signals steady demand -- solid, not speculative. 6 transactions over two years is modest; the trend is directional, not definitive. For context, AVENUE SOUTH RESIDENCE has lost 2.8% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
At 78 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| ZYON GRAND | $3,046 | — | 0.0% |
| PENRITH | $2,793 | — | 0.0% |
| PROMENADE PEAK | $2,931 | — | 0.0% |
| STIRLING RESIDENCES | $2,359 | 3.6% | +5.5% |
| AVENUE SOUTH RESIDENCE | $2,282 | 3.4% | -2.8% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.