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Queens Peak

Condominium · District 03 (Tiong Bahru / Alexandra / Queenstown) · Rest of Central Region · 99-year lease (88 yrs left) · Updated Jun 2026

Queens Peak is a 99-year lease (88 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 204 recorded private transactions. Latest sale: $1,520,000 (Jun 2026, 58 sqm, floors 21-25). Median $2,168/sqft. Prices up 15.5% over the period. 88 years lease remaining.

Latest Sale
$1,520,000
Jun 2026 · 58 sqm
Median Price
$2,168/sqft
$1,385,000 typical unit
Transactions
204
$1,684–$2,435 psf
Price Trend
▲ 15.5%
~3% a year

Where Queens Peak ranks in District 03

All 35 projects ›
Median psf
#14 / 35
Typical unit price
#32 / 35
Most recent sale
#31 / 35
Price growth
#21 / 31

Median psf over time

Estimate a unit at Queens Peak

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Lease decay −0.18%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

88 yrs
Remaining lease
0.18%
Annual decay (Bala's Table)
2015
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.18% a year.

Price by floor

Floor bandMedian psfTransactions
06-10 $2,178 19
11-15 $2,044 41
16-20 $2,100 36
21-25 $2,142 40
26-30 $2,178 16
31-35 $2,183 20
36-40 $2,281 19
41-45 $2,258 13

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 21-25 Resale 58 sqm $1,520,000 $2,435
Jun 2026 21-25 Resale 41 sqm $968,000 $2,193
Jun 2026 26-30 Resale 87 sqm $2,100,000 $2,242
Apr 2026 16-20 Resale 88 sqm $1,988,000 $2,099
Apr 2026 16-20 Resale 40 sqm $970,000 $2,253
Apr 2026 11-15 Resale 41 sqm $972,000 $2,202
Apr 2026 26-30 Resale 40 sqm $965,000 $2,241
Apr 2026 26-30 Resale 72 sqm $1,700,000 $2,194
Mar 2026 36-40 Resale 80 sqm $2,028,000 $2,355
Feb 2026 36-40 Resale 140 sqm $3,480,000 $2,309
Feb 2026 31-35 Resale 93 sqm $2,328,000 $2,326
Jan 2026 36-40 Resale 78 sqm $2,019,000 $2,405
Jan 2026 11-15 Resale 72 sqm $1,600,000 $2,065
Jan 2026 11-15 Resale 58 sqm $1,336,000 $2,140
Jan 2026 36-40 Resale 93 sqm $2,315,000 $2,313
Jan 2026 06-10 Resale 40 sqm $948,000 $2,202
Dec 2025 16-20 Resale 41 sqm $980,000 $2,221
Dec 2025 31-35 Resale 78 sqm $1,910,000 $2,275
Dec 2025 11-15 Resale 40 sqm $955,000 $2,218
Nov 2025 41-45 Resale 79 sqm $1,988,888 $2,339
Oct 2025 26-30 Resale 40 sqm $970,000 $2,253
Sep 2025 16-20 Resale 40 sqm $948,000 $2,202
Sep 2025 36-40 Resale 75 sqm $1,880,000 $2,329
Sep 2025 36-40 Resale 79 sqm $1,978,888 $2,327
Sep 2025 21-25 Resale 41 sqm $968,000 $2,193
Showing 25 of 204 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Queens Peak

Queens Peak is a 99-year leasehold development with its lease commencing in 2015 and about 88 years remaining in District 03 (Tiong Bahru / Alexandra / Queenstown), within the Rest of Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 204 recorded transactions between 2021-07 and 2026-06, ranging from $840,000 to $4,230,000. The most recent transaction was a 58 sqm unit (floors 21-25) sold for $1,520,000 in 2026-06, and the median price is $2,168 per square foot. Prices here have risen sharply, by about 15.5% over the period (around 3% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 88 years remaining is 0.9516, an annual lease decay of about 0.18%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Queens Peak cost?

The most recent transaction at Queens Peak was $1,520,000 for a 58 sqm unit in 2026-06. The median price is $2,168 per square foot across 204 transactions, ranging from $840,000 to $4,230,000. Data sourced from URA.

Is Queens Peak freehold or leasehold?

Queens Peak is on a 99-year lease commencing in 2015, with approximately 88 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.18%.

What is the price per square foot (psf) at Queens Peak?

The median price at Queens Peak is $2,168 psf, with transactions ranging from $1,684 to $2,435 psf. This is based on 204 URA-recorded transactions in District 03.

Have prices at Queens Peak gone up or down?

Prices at Queens Peak have increased by approximately 15.5% over the data period (around 3% a year). The median price is currently $2,168 psf, with the most recent sale at $1,520,000 in 2026-06.