District 3 (Tiong Bahru, Queenstown) — May 2026 Digest

District Digest 3 min read Last reviewed
For: First-time buyersHDB upgradersInvestors
Source: URA REALIS
TL;DR
District 3 (Tiong Bahru, Queenstown) monthly digest for May 2026. 57 sales at avg PSF $2,284 psf.

Loading chart data...

Key Takeaways
  • 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)
Avg PSF
$2,284 psf -2.5% MoM
Sales
57
Avg Price
$2,172,513
New Leases
314

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.

Notable transactions D3 — May 2026
PropertyPricePSFTypeSale Type
RESIDENTIAL APARTMENTS$4,320,000$2,111 psf5 BRResale
PROMENADE PEAK$3,996,300$3,438 psf3 BRNew Sale
AVENUE SOUTH RESIDENCE$3,660,000$2,446 psf4 BRResale
THE CREST$3,618,000$2,127 psf4 BRResale
STIRLING RESIDENCES$3,580,000$2,661 psf3 BRResale

Most Active Condos

Condos with the highest transaction volume in District 3.

Most active condos D3
PropertyTransactionsAvg PSF
STIRLING RESIDENCES10$2,454 psf
AVENUE SOUTH RESIDENCE7$2,296 psf
RESIDENTIAL APARTMENTS7$1,663 psf
ECHELON3$2,351 psf
ALEX RESIDENCES3$2,348 psf
🧮Check what you can afford in D3 — try the Affordability Calculator

Recent PSF Trend (6 Months)

6-month PSF trend D3
PeriodVolumeAvg PSF
2025-1260$2,280 psf
2026-0153$2,375 psf
2026-0249$2,359 psf
2026-0387$2,480 psf
2026-0469$2,344 psf
2026-0557$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.

Bedroom distribution D3 — May 2026
Unit TypeTransactionsAvg PSF
3 BR17$2,306 psf
2 BR15$2,525 psf
1 BR11$2,434 psf
4 BR4$2,157 psf
Studio4$2,161 psf
ℹ Market Context
District 3 averaged $2,284 psf in May 2026, which is 13.4% above the city-wide average of $2,014 psf.

FAQ

How many transactions were recorded in District 3 in May 2026?
District 3 (Tiong Bahru, Queenstown) recorded 57 sales transactions in May 2026.
What was the average PSF in District 3 in May 2026?
The average price per square foot was $2,284 psf in District 3 during May 2026.
Which condo had the most transactions in District 3?
The most active condo was STIRLING RESIDENCES with 10 transactions.

Methodology & Sources

Figures below are drawn from May 2026 and revised every month.

Transaction data sourced from URA REALIS.

We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.

Data as of May 2026

Latest recorded data point: May 2026 · 57 records analysed · Source: URA private-sale caveats