Queensway Tower - 1 Units for Sale
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
Recent PropertyGuru activity indicates the development is still appearing in area-focused property searches within the Alexandra / Commonwealth market. Drawing on 30 days of PropertyGuru search activity, this project remains part of the local consideration set for active buyers. While search volume is modest, the property maintains a steady presence in the current browsing landscape.
Most-searched Units: 2-BedroomPricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: S$ 2.70M
- Avg PSF: S$ 1,661 psf (8.38% lower compared to Alexandra / Commonwealth average of S$ 1,813 psf)
- Available Units: 1
Location & Lifestyle Highlights — Queensway Tower 1190m (14 mins) to QUEENSTOWN MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Jurong East straightforward and efficient. Queensway Tower stands as a distinctive landmark with its iconic octagonal design, offering a rare blend of nostalgic charm and modern mixed-use convenience. Living here means having a vibrant retail ecosystem and essential services right at your doorstep in one of Singapore's most established city-fringe neighborhoods. Nearby hotspots: MRT Stations:
- QUEENSTOWN MRT STATION (1190m, 14 mins) — Convenient rail link providing a quick connection to the downtown core and major business hubs.
- ALEXANDRA HOSP (178m, 2-3 mins) — Nearby bus services offer easy travel to various parts of the island for daily commuters.
- OPP QUEENSWAY SHOP CTR (198m, 2-3 mins) — Highly accessible stop located just across the road for quick neighborhood hops.
- REPTON SCHOOLHOUSE (233m, 2-3 mins) — Quality early childhood education located just a short walk away for young families.
- BRIDGING STARS CHILDCARE PTE. LTD. (574m, 6-7 mins) — Reliable childcare services within the immediate vicinity to support working parents.
- PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 3 (KN) (617m, 7-8 mins) — Trusted local preschool option providing essential early learning for the community.
- QUEENS WAY SHOPPING CENTRE (0m, 0 min) — Immediate access to various health and wellness services located within the building complex.
- URGENT CARE CENTRE (249m, 2-3 mins) — Nearby medical facility providing peace of mind with quick access to professional healthcare.
- PHARMACY (303m, 3-4 mins) — Essential medical supplies and healthcare needs are easily met with this nearby facility.
- QUEENSWAY TOWER (0m, 0 min) — Integrated shopping right downstairs featuring a wide variety of specialty retail and sports shops.
- COLD STORAGE - ANCHOR POINT (286m, 3-4 mins) — Premium grocery shopping is just a short stroll away for all your daily household needs.
- ANCHOR POINT (317m, 3-4 mins) — Popular boutique mall nearby offering a range of fashion outlets and lifestyle services.
- MCDONALDS (0m, 0 min) — Quick and familiar dining option located right within the development for maximum convenience.
- OTOKO RAMEN (217m, 2-3 mins) — Specialized dining choice nearby for residents looking for quality Japanese cuisine.
- BAKEHOUSE (218m, 2-3 mins) — Charming local spot perfect for fresh bakes and casual coffee breaks just minutes away.
Market & Rental Insights
Queensway Tower demonstrates a stable market profile with consistent capital growth and a reliable presence in the secondary market.
- PSF Appreciation:S$1,316 → S$1,388 over recent years (+5.47%) from 2023 - 2026.
- Expected Rental Yield: At 2.27%, this reflects a moderate return for investors.
- Transactions:4 rental transactions in the last 6 months and 2 sale transactions in the last 12 months, showing modest rental and limited sale activity.
- PG Pulse Insight: With a +5.47% PSF appreciation and a moderate rental yield of 2.27%, Queensway Tower remains a steady asset despite limited transaction volumes.
Published date: October 2, 2026