Queenstown Bayfront is a Prime BTO launch in QUEENSTOWN (D3), part of the October 2024 BTO exercise. 580 units across 4 flat types, 10-year minimum occupation period.
Location & amenities
Amenity data not yet enriched for this project. Site analysis updates when the admin runs POST /admin/bto/enrich/30.
Unit mix & indicative pricing
| Flat type | Units | Indicative price | Area (sqm) |
|---|---|---|---|
| 2-Room Flexi | 58 | $28,000 – $50,000 | 37 – 45 |
| 3-Room | 116 | $49,000 – $79,000 | 65 – 72 |
| 4-Room | 290 | $68,000 – $107,000 | 90 – 97 |
| 5-Room | 116 | $84,000 – $129,000 | 110 – 117 |
BTO indicative PSF vs nearby HDB resale (QUEENSTOWN, last 12 months)
Same town, matched flat type. Positive discount = BTO cheaper.
| Flat type | BTO PSF (mid) | Resale PSF (est.) | Discount vs resale |
|---|---|---|---|
| 2-Room Flexi | $930 | $923 | -0.7% |
| 3-Room | $930 | $710 | -31.0% |
| 4-Room | $930 | $987 | 5.7% |
| 5-Room | $930 | $997 | 6.7% |
Ballot odds & precedent
Final ballot subscription rates
| Flat type | Applicant | Supply | Applications | Rate |
|---|---|---|---|---|
| 2-Room Flexi | First-timer | 38 | 1,189 | 31.28x |
| 2-Room Flexi | Second-timer | 17 | 22 | 1.27x |
| 3-Room | First-timer | 75 | 801 | 10.68x |
| 3-Room | Second-timer | 35 | 36 | 1.02x |
| 4-Room | First-timer | 189 | 1,525 | 8.07x |
| 4-Room | Second-timer | 87 | 197 | 2.26x |
| 5-Room | First-timer | 75 | 437 | 5.82x |
| 5-Room | Second-timer | 35 | 53 | 1.52x |
Historical precedent: QUEENSTOWN · Prime
| Flat type | Applicant | Median rate | Sample size |
|---|---|---|---|
| 2-Room Flexi | First-timer | 31.28x | 1 |
| 2-Room Flexi | Second-timer | 1.27x | 1 |
| 3-Room | First-timer | 10.68x | 1 |
| 3-Room | Second-timer | 1.02x | 1 |
| 4-Room | First-timer | 8.07x | 1 |
| 4-Room | Second-timer | 2.26x | 1 |
| 5-Room | First-timer | 5.82x | 1 |
| 5-Room | Second-timer | 1.52x | 1 |
Affordability worked examples
Assumptions: HDB concessionary loan at 2.6%, 25-year tenure, 75% LTV. Replace grant amounts with your eligibility from the HDB Grant Calculator.
| Persona | Flat | Price | Est. grant | Net price | Downpayment | Monthly |
|---|---|---|---|---|---|---|
| Young couple, first-timer (combined income S$8,000/month) | 3-Room | $64,000 | $60,000 | $4,000 | $1,000 | $14 |
| Family, first-timer (combined income S$12,000/month) | 4-Room | $87,000 | $30,000 | $57,000 | $14,250 | $194 |
| Upgrader, second-timer (combined income S$16,000/month) | 4-Room | $87,000 | $0 | $87,000 | $21,750 | $296 |
Prime subsidy recovery on resale
Prime flats carry a subsidy recovery on resale (typically ~9% applied to the eventual resale price). This is the price of the larger upfront subsidy you receive on purchase. Plus and Prime also have a 10-year MOP (vs Standard's 5-year) and bans on renting out the whole flat.
Use the BTO Plus/Prime Clawback Calculator to estimate net proceeds at a hypothetical sale year and compare against the Standard equivalent.
Related
- All projects in October 2024 BTO
- BTO vs Resale Calculator
- HDB Grant Eligibility
- HDB Loan vs Bank Loan
- QUEENSTOWN HDB town profile
Sources & methodology
Methodology & Sources
Figures below are drawn from October 2024 BTO and revised one-time.
HDB resale and rental data from data.gov.sg.
- HDB project list and indicative pricing sourced from HDB press releases for the October 2024 BTO launch.
- Nearby resale comparison uses HDB resale transactions in QUEENSTOWN over the last 12 months (averaged price ÷ midpoint floor area, converted to PSF).
- Ballot odds precedent aggregates final subscription rates from past BTO launches in QUEENSTOWN under the Prime tier; median is reported with sample-size.
- Walkability score from ShiokNest WalkabilityService (DB-based: MRT + schools); OneMap amenities fetched on enrichment.
We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.