Queensway Shopping Centre

Queensway Shopping Centre is a freehold commercial property. The development occupies a land area of 9,322 sqm.

QUEENSWAY SHOPPING CENTRE is located along Queensway in Queenstown, in District 3. Other nearby amenities include: 3 Childcare Centre(s): BRIDGING STARS CHILDCARE PTE. LTD., THE LITTLE SKOOL-HOUSE INTERNATIONAL PTE LTD, MINDCHAMPS PRESCHOOL @ BUKIT MERAH PTE. LIMITED, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, FISHOP PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN Blk 3 (KN), Rainbow Cove Montessori, True Way Presbyterian Kindergarten, and 3 Shopping Mall(s): QUEENSWAY SHOPPING CENTRE, ANCHORPOINT SHOPPING CENTRE, Alexandra Central (U/C - TOP : 30 June 2016).

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 2,126 psf in Jul 2019 for a 635 sqft unit for Office, S$ 5,623 psf in Jul 2022 for a 205 sqft unit for Shop. Its lowest recorded transaction was S$ 2,126 psf in Jul 2019 for a 635 sqft unit for Office, S$ 1,842 psf in Aug 2021 for a 7,653 sqft unit for Shop.

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.