Are Bukit Merah And Queenstown Still Worth Paying A Premium For? We Analysed 10 Years Of Condo Prices

There are few neighbourhoods like Bukit Merah and Queenstown in the minds of most Singaporeans when they want to find an area that combines living in a central area that still feels neighbourly.

Moreover, these two planning areas are only unique estates in terms of their residential maturity and convenience. From the pre-war houses in Tiong Bahru, to Queenstown’s status as Singapore’s first satellite town, the roots of Singapore’s residential character sprung from the development of these two towns.

Bukit Merah and Queenstown also standout among other estates because they border the core central region (CCR), which is characterised by prime or luxury residential enclaves. But despite the proximity, Bukit Merah and Queenstown retain most of their ‘grassroot’ profiles that it is a popular location for families.

This is a best-of-both-worlds scenario, since it means that more families can live close to the city centre if they want to, but don’t lose convenient access to schools and daily amenities like community facilities and public spaces.

But Bukit Merah and Queenstown are not homogenous residential towns, and each features a mix of different housing options. Buyers in Tiong Bahru have a greater appreciation of the heritage properties that can be found there, while a buyer in Pasir Panjang or one-north probably has a different set of housing criteria. Other adjacent estates like Redhill and Alexandra also take on different residential profiles.

In this Stacked Pro article, we’ll uncover the performance of these planning areas to date, and the essential qualities of the areas that buyers should keep in mind while they go about house hunting.