Queensway Shopping Centre

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

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Details

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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
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. It is accessible through the nearest MRTs including Queenstown EW19 and Redhill EW18. 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$ 3,992 psf in May 2023 for a 377 sqft unit for Shop. Its lowest recorded transaction was S$ 2,126 psf in Jul 2019 for a 635 sqft unit for Office, S$ 2,389 psf in Feb 2023 for a 452 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.
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What they say
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4
"Although the shopping center is old, it's a very good place for sports goods. Sports Shoes, jerseys, racquet stringing, etc available. Very useful for sports goods related shopping."
R**** J***
Google Review     |   26 Jul 2022
5
"Definitely a go to if you want cheap deals on sporting goods. You can get a good price off an older model shoe at most of the shops here. Worth checking it out if you are on a tight budget."
T**** J
Google Review     |   12 Jun 2022
4
"Old shopping mall with lots of entries and sports shops. Spots shops offers the best deals you can get anywhere in Singapore. Smash sports is good if you are looking for badminton or tennis gear there look for Deen"
B**** I****
Google Review     |   24 May 2022
5
"Always a nice laid back place to do your shopping. They have a good mix of shops for sports shoes and clothes. There are also limited food options, but nonetheless these outlets sell pretty decent food."
G*** B***
Google Review     |   17 May 2022
5
"Less sports shop and better mixed of tenants now. Worth the trip for pricey, branded sports stuff. Found couple of shops selling limited edition shoes."
M***** N*
Google Review     |   20 Apr 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Queensway (Limited to 10)

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Asking Price of QUEENSWAY SHOPPING CENTRE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Queensway

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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Listings

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thumb-images
10
$1,800,000

      • Shop
      • D3
      • Freehold
      • S$ 2,840 psf
      • Queensway
      Edmund Toh
      send_enquiry
      thumb-images
      0
      $1,000,000

          • Shop
          • D3
          • Freehold
          • S$ 4,030 psf
          • Queensway
          Maxx Wong
          send_enquiry
          thumb-images
          10
          $1,100,000

              • Shop
              • D3
              • Freehold
              • S$ 4,870 psf
              • Queensway
              Alvin Chua Chua
              send_enquiry
              thumb-images
              9
              $1,800,000

                  • Shop
                  • D3
                  • Freehold
                  • S$ 2,840 psf
                  • Queensway
                  Leslie Chan
                  send_enquiry
                  thumb-images
                  5
                  View to Offer

                      • Shop
                      • D3
                      • Freehold
                      • S$ 3,390 psf
                      • Queensway
                      Michael Lau
                      send_enquiry
                      thumb-images
                      10
                      View to Offer

                          • Shop
                          • D3
                          • Freehold
                          • S$ 11,000 psf
                          • Queensway
                          Matthew Jia Yue Chan
                          send_enquiry
                          thumb-images
                          10
                          $1,350,000

                              • Shop
                              • D3
                              • Freehold
                              • S$ 10,500 psf
                              • Queensway
                              Matthew Jia Yue Chan
                              send_enquiry
                              thumb-images
                              10
                              $1,800,000

                                  • Shop
                                  • D3
                                  • Freehold
                                  • S$ 14,000 psf
                                  • Queensway
                                  Matthew Jia Yue Chan
                                  send_enquiry
                                  thumb-images
                                  3
                                  $1,550,000

                                      • Shop
                                      • D3
                                      • S$ 4,110 psf
                                      • Queensway
                                      Elaine SC Tan
                                      send_enquiry
                                      thumb-images
                                      10
                                      $1,780,000

                                          • Shop
                                          • D3
                                          • Freehold
                                          • S$ 2,830 psf
                                          • Queensway
                                          Timothy Neo
                                          send_enquiry

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                                          Property News

                                          Retail unit at Queensway Shopping Centre for sale at $7.5 mil

                                          Property News

                                          Sportslink retail units at Queensway Shopping Centre under receiver’s sale from $18 mil

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