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- Sales volume: 57 transactions
- Average PSF: $2,284 psf (↓ 2.5% MoM)
- Rental volume: 314 leases, avg $5,224/mo
- RCR · D3 (Tiong Bahru, Queenstown)
Monthly Overview
District 3 (Tiong Bahru, Queenstown) recorded 57 sales transactions in May 2026 at an average PSF of $2,284 psf. The rental market saw 314 new leases.
property softened 2.5% to $975 psf — a mild correction. Transaction volume of 57 in this period was broadly in line with historical norms.
Notable Transactions
The highest-value transactions in District 3 during May 2026.
| Property | Price | PSF | Type | Sale Type |
|---|---|---|---|---|
| RESIDENTIAL APARTMENTS | $4,320,000 | $2,111 psf | 5 BR | Resale |
| PROMENADE PEAK | $3,996,300 | $3,438 psf | 3 BR | New Sale |
| AVENUE SOUTH RESIDENCE | $3,660,000 | $2,446 psf | 4 BR | Resale |
| THE CREST | $3,618,000 | $2,127 psf | 4 BR | Resale |
| STIRLING RESIDENCES | $3,580,000 | $2,661 psf | 3 BR | Resale |
Most Active Condos
Condos with the highest transaction volume in District 3.
| Property | Transactions | Avg PSF |
|---|---|---|
| STIRLING RESIDENCES | 10 | $2,454 psf |
| AVENUE SOUTH RESIDENCE | 7 | $2,296 psf |
| RESIDENTIAL APARTMENTS | 7 | $1,663 psf |
| ECHELON | 3 | $2,351 psf |
| ALEX RESIDENCES | 3 | $2,348 psf |
Recent PSF Trend (6 Months)
| Period | Volume | Avg PSF |
|---|---|---|
| 2025-12 | 60 | $2,280 psf |
| 2026-01 | 53 | $2,375 psf |
| 2026-02 | 49 | $2,359 psf |
| 2026-03 | 87 | $2,480 psf |
| 2026-04 | 69 | $2,344 psf |
| 2026-05 | 57 | $2,284 psf |
District 3 prices have cooled 7.9% from the 2026-03 peak, yet remain 0.2% above where the series began in 2025-12.
Bedroom Distribution
3 BR units dominated with 29.8% of transactions in District 3 during May 2026.
| Unit Type | Transactions | Avg PSF |
|---|---|---|
| 3 BR | 17 | $2,306 psf |
| 2 BR | 15 | $2,525 psf |
| 1 BR | 11 | $2,434 psf |
| 4 BR | 4 | $2,157 psf |
| Studio | 4 | $2,161 psf |
FAQ
How many transactions were recorded in District 3 in May 2026?
What was the average PSF in District 3 in May 2026?
Which condo had the most transactions in District 3?
Methodology & Sources
Figures below are drawn from May 2026 and revised every month.
Transaction data sourced from URA REALIS.
- Transaction data from URA REALIS.
We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.
Latest recorded data point: May 2026 · 57 records analysed · Source: URA private-sale caveats