QUEENS PEAK: Queenstown Condominium | Details & Reviews

Name: QUEENS PEAK
Brand: QUEENS PEAK
SKU: QUEENS PEAK
Rating: 4.7 (7 reviews)

Queens Peak

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 2,154 psf

Range

S$ 1,953 - 2,294 psf

Rental Price **

Average

S$ 7.7 psf pm

Range

S$ 5.3 - 10.0 psf pm

Rental Yield **

4.3%

Rental income expressed as a percentage of the property's value.

Amenities

2.9

Convenience

4.2

Connectivity

Details

No data

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

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

Facilities

0 Facilities Available

Description

Queens Peak is a leasehold (99 yrs from 2015) condominium completed in 2020. It is developed by HY REALTY (DUNDEE) PTE LTD. The development occupies a land area of 10,516 sqm and a Gross Floor Area of 51,529 sqm. It consists of 736 units. According to records, buyers of this development are Singaporean 81.5%, PR 11.7%, Foreigner 6.4%, Company 0.3%.

Queens Peak is located along Dundee Road in Queenstown, in District 3. It is accessible through the nearest MRTs including Queenstown EW19 and Redhill EW18.

Based on transaction data in the last 12 months, sale prices range from S$ 1,953 psf to S$ 2,294 psf at an average of S$ 2,154 psf. Its highest recorded transaction was S$ 2,294 psf in Dec 2023 for a 1,055-sqft unit. Its lowest recorded transaction was S$ 1,037 psf in Dec 2020 for a 4,768-sqft unit. Its current rental yield is at 4.3%. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): ANCHORPOINT SHOPPING CENTRE, IKEA ALEXANDRA, Alexandra Central (U/C - TOP : 30 June 2016).

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.

What they say

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"Since it takes literally 1-2min to reach your home from the mrt, getting home from anywhere in singapore is insanely convenient. Bright breezy and amazing cross wind vs other nearby developments when comparing internal layout. Only issue is u gotta drive one round to get into the condo (if you need a car) but else it's near orchard (via bus) and near cbd via mrt. "

A*****

Others | 03 Oct 2023

4.6

"Excellent location. Connected directly to MRT. 15mins to Raffles place. Unit come in-built with appliances and furnishing from high quality brands like Smeg and Kohler, with marble flooring and floor to ceiling cabinets."

i****i@hotmail.com

Owner | 13 Sep 2020

"Commonwealth towers and striling residences are better"

H* O

Google Review | 30 Jul 2022

"Seamless connectivity with the train station and unblocked views for most of the units at Queens Peak - either towards Dempsey / Botanic Gardens greenery or towards the Greater Southern Waterfront as compared to nearby projects. Chose QP over Commonwealth Towers next door then, as the 4 bedrooms at Commonwealth has HDB units staring right in! If we are going to pay for a private, the least we want is to have other units looking straight in (if possible). It is also one of the rare projects in the area to use marble flooring for all unit types including the one bedrooms other than fittings from good brands - SMEG, Kohler, Franke. Most of the projects in the area uses homogeneous tiles and cheaper appliances. Of coz, owners can always change these and renovate again :) But unblocked views is something that cant be changed! "

J***** L**

Google Review | 21 Jul 2022