Queensway Shopping Centre
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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 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, FISHOP PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Queensway Shopping Centre, Alexandra Central Mall, Anchorpoint.
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$ 4,392 psf in Apr 2024 for a 118 sqft unit for Shop. Its lowest recorded transaction was S$ 2,126 psf in Jul 2019 for a 635 sqft unit for Office, S$ 3,194 psf in Jan 2024 for a 172 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.
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 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, FISHOP PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Queensway Shopping Centre, Alexandra Central Mall, Anchorpoint.
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$ 4,392 psf in Apr 2024 for a 118 sqft unit for Shop. Its lowest recorded transaction was S$ 2,126 psf in Jul 2019 for a 635 sqft unit for Office, S$ 3,194 psf in Jan 2024 for a 172 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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Sales Transaction of Queensway
Source: URA, https://www.edgeprop.sg
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Asking Price of QUEENSWAY SHOPPING CENTRE
Source: URA, https://www.edgeprop.sg
For Sales
For Rent
Rental Transactions of Queensway
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
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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