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District 3 · RCR · Rest of Central Region

District 3 — Tiong Bahru, Alexandra, Queenstown

The city-fringe district that behaves most like a prime one. At $2,770 psf it is transacting above several CCR districts — and on 748 deals, so that figure is well supported.

Tiong BahruAlexandraQueenstownRedhillBukit Merah

Figures pulled 23 July 2026 from URA caveat data and HDB resale registrations — completed transactions, not portal asking prices.

Median private psf

$2,770 psf

Median HDB resale

$1,010,000 (4-room, QUEENSTOWN)

Median condo rent

$4,800 / month

MRT lines

East West, Circle, Thomson–East Coast

The city-fringe district that behaves most like a prime one. At $2,770 psf it is transacting above several CCR districts — and on 748 deals, so that figure is well supported.

What the numbers say

Condominium transactions, 12 months to July 2026 (URA caveats). Rental medians, Q2 2026 (URA contracts). HDB figures are 4-room resale registrations for QUEENSTOWN, 12 months to July 2026 (data.gov.sg) — HDB publishes by town, not by postal district.

Measure Figure Sample
Median private condominium $2,770 psf · $2,034,550 median price 748 transactions
Median rent (all sizes) $4,800 / month 1139 contracts
HDB 4-room, QUEENSTOWN $1,010,000 295 transactions

What moves price here

  1. This is a high-volume, high-price district — 748 condo transactions at a median $2,770 psf, the highest psf of any district measured here outside the Apartment-classified city core.
  2. Queenstown HDB is a million-dollar-flat epicentre. The 4-room median of $1,010,000 across 295 transactions is one of the highest in the country and is not an outlier effect.
  3. New launch supply distorts the median upward — check whether a given comparable is a new sale or a resale before reading anything into it.

Who it suits

Buyers who want city-fringe access with real neighbourhood character, and HDB owners here sitting on unusually strong equity.

What to check before you commit

  • Conservation restrictions on the pre-war Tiong Bahru blocks
  • New-sale vs resale in any comparable you’re shown
  • Whether you’re paying a launch premium against nearby resale

Figures pulled 2026-07-23 from URA caveat data and HDB resale registrations — completed transactions, not portal asking prices. Caveats lag the live market by a few weeks. Want the numbers for a specific project or block in District 3? Ask me and I’ll pull them.

Let's run your numbers before you commit.

Tell me where you are — thinking about it, actively looking, or already got an offer on the table. I'll come back with the actual figures for your situation. Free, no obligation, no pressure.

I reply within one business day. · Eugene Tan · CEA R074026J · PropNex Realty