Queensway Tower - 8 Units for Rent
One of Singapore’s first mixed development of shop and residential units, Queensway Tower also known as Queensway Shopping Centre is located at 1, Queensway, Singapore 149053 in District 03. This oldest development is 14 story tall consists of 4 levels with a 1-storey basement car park, 13-storey apartment tower. There are total 150 shops and 78 residential units. Built in 1975 and opened in 1976, Queensway Tower was developed by City Developments Limited, leading global real estate company with a network spanning 106 locations in 29 countries and regions. Enlisted with Singapore Exchange, CDL has developed 46,000 homes and owns over 24 million square feet of gross floor area in residential, commercial and hospitality assets globally. Designed in stunning modern architecture style, Queensway Tower is characterized by its octagonal facade and recessed central forecourt. Units which are located near the forecourt features display windows across two levels. The layout of the development is made up of a series of concentric circles radiating outwards making it look like an octagon. Renting at Queensway Tower is inexpensive for Singapore. Queensway Tower is located in close proximity of landmarks like IKEA and Anchorpoint. This development is surrounded by numerous amenities located just minutes’ drive away from Anchorpoint, where a host of amenities are readily available, such as retail outlets, supermarkets, restaurants and eating establishments, banks, and other entertainment facilities. There are several renowned schools located in the vicinity. Nearby recreational facilities include the Queenstown Stadium and Queenstown Swimming Complex. Queensway Tower is well connected through an organized network of expressways, highways and MRT Stations. Selected bus services are available in the vicinity. Queensway Tower is fairly near to the Queenstown MRT Station, Redhill MRT Station and Labrador Park MRT Station. Vehicle owners can travel to business hub from Queensway Tower in just above 15 minutes via Jalan Bukit Merah. Queensway Tower is also accessible via East Coast Parkway, Ayer Rajah Expressway and Alexandra Road. Ristorante TakadaThe CarveryYummy PunjabyKeng Eng Kee SeafoodCasablanca Wine Bar & Restaurant American CollegeQueenstown Primary SchoolGlobal Indian International School Singapore (GIIS) - Queenstown CampusInternational School Singapore (ISS) - High School (Grades 9 to 12)Gan Eng Seng Primary Alexandra HospitalMount Elizabeth Novena HospitalMount Elizabeth HospitalTan Tock Seng HospitalNational University Hospital Queensway Shopping CentreAnchorpoint Shopping CentreCold Storage AnchorpointNTUC Fairprice (Stirling Road)NTUC Fairprice (Dawson) Built on 100,305 sqft of land area, Queensway Tower also known as Queensway Shopping Centre is one of Singapore's first multi-purpose shopping complexes, consists of 4 levels with a 1-storey basement car park. This is also a mixed development which includes a 13-storey apartment tower.Established in 1976, it is one of the oldest malls in Singapore. The mall comprises 150 shops, designed to house over 200 shops featuring a large emporium, an exhibition hall, a coffee house and a night club and also features the first public escalators installed in Singapore. The residential units are divided into 1 bed, 2 bed and 3 bed apartments with built up sizes ranges from 900 sqft to 1,658 sqft. Project Name : Queensway TowerType : ApartmentTenure : FreeholdBuilt Up : 900 sqft – 1,658 sqftDistrict : 03 Unit Type:1 bed Units 900 sqft2 bed Units 1,296 sqft3 bed Units 1,658 sqft Other well-known and similar projects by City Developments LimitedSengkang Grand ResidencesPiermont GrandHaus On HandyAmber ParkWhistler Grand There are several similar developments near Queensway TowerStirling ResidencesArtraAvenue South ResidenceQueens PeakThe CrestMargaret Ville
Explore PropertyGuru
Current search behaviour keeps the development in view within the local property market, according to PropertyGuru's 30-day search trends for Alexandra / Commonwealth. While the project maintains a steady presence among rental seekers, it remains a consistent part of the broader inventory landscape in this established district.
Most-searched Units: 3-BedroomPricing by Unit Types:
- Room Rental Units:
- Avg Asking Price: S$ 2K
- Avg PSF: S$ 5 psf (57.24% lower compared to Alexandra / Commonwealth average of S$ 11 psf)
- Available Units: 3
- 1-Bedroom Units:
- Avg Asking Price: S$ 1K
- Avg PSF: S$ 14 psf (79.17% higher compared to Alexandra / Commonwealth average of S$ 11 psf)
- Available Units: 1
- 3-Bedroom Units:
- Avg Asking Price: S$ 6K
- Avg PSF: S$ 4 psf (35.84% lower compared to Alexandra / Commonwealth average of S$ 6 psf)
- Available Units: 1
Location & Lifestyle Highlights — Queensway Tower 1190m (14 mins) to QUEENSTOWN MRT STATION — Direct access to the East-West Line provides a smooth commute to the Central Business District and Jurong East. As one of Singapore’s pioneering mixed-use landmarks, Queensway Tower offers a nostalgic yet vibrant living experience where retail history and modern convenience meet under one iconic octagonal roof. Residents enjoy the unique advantage of having over 150 shops and popular eateries right at their doorstep, creating a self-contained urban lifestyle in the heart of District 03. Nearby hotspots: MRT Stations:
- QUEENSTOWN MRT STATION (1190m, 14 mins) — Major transport node connecting residents to the city center and western industrial hubs.
- ALEXANDRA HOSP (178m, 2-3 mins) — Convenient bus services located just a short walk away for easy neighborhood travel.
- OPP QUEENSWAY SHOP CTR (198m, 2-3 mins) — Highly accessible stop serving multiple routes across the Alexandra and Queenstown areas.
- REPTON SCHOOLHOUSE (233m, 2-3 mins) — Premium early childhood education located practically next door for young families.
- BRIDGING STARS CHILDCARE PTE. LTD. (574m, 6-7 mins) — Reliable childcare services within easy walking distance for working parents.
- S P JAIN SCHOOL OF GLOBAL MANAGEMENT (911m, 11-12 mins) — Renowned business school nearby offering specialized higher education opportunities.
- QUEENS WAY SHOPPING CENTRE (0m, 0 min) — Immediate access to various health services and wellness shops within the building complex.
- URGENT CARE CENTRE (249m, 2-3 mins) — Quick medical attention available nearby for peace of mind and emergency needs.
- PHARMACY (303m, 3-4 mins) — Essential medical supplies and healthcare consultations reachable in a few minutes.
- QUEENSWAY TOWER (0m, 0 min) — Integrated retail hub famous for sports gear and apparel right downstairs.
- COLD STORAGE - ANCHOR POINT (286m, 3-4 mins) — Quality grocery shopping and fresh produce just across the road.
- ANCHOR POINT (317m, 3-4 mins) — Popular outlet mall offering a variety of fashion brands and lifestyle services.
- MCDONALDS (0m, 0 min) — Quick and familiar dining option located within the development for ultimate convenience.
- OTOKO RAMEN (217m, 2-3 mins) — Quality Japanese cuisine nearby for residents seeking diverse dining experiences.
- BAKEHOUSE (218m, 2-3 mins) — Artisanal breads and cafe fare perfect for weekend brunches or quick bites.
Market & Rental Insights
Queensway Tower demonstrates a market profile characterized by significant rental growth in specific unit types and selective transaction activity.
- Median Rental Appreciation: 2-bedroom units saw rents rise from $4,250 /mo to $4,750 /mo (11.76%) over the last one year.
- Transactions:1 rental transaction in the last 6 months, showing modest rental activity.
- PG Pulse Insight: Rental growth for 2-bedroom units is strong at 11.76%, though overall rental activity remains limited with 1 transaction recorded recently.
Published date: November 4, 2026













