Aug 2021 Queenstown BTO Review: Five Minutes from IKEA and Five Stops from CBD

The Queenstown BTO project is one of the most highly anticipated projects in the upcoming August 2021 BTO launch. After all, it will be the first time in nine years that BTO flats will be offered this highly popular city-fringe HDB estate. 

The BTO flats will be located within walking distance to IKEA and will comprise 610 3-room and 4-room flats. 230 of flats will be rental units in a separate block. 

Let’s take a deep dive into this Queenstown BTO project. 

 

Aug 2021 Queenstown BTO Map

Locality map of the August 2021 Queenstown BTO flats

Locality map of the August 2021 Queenstown BTO flats (Image credit: HDB)

Can’t wait for a BTO? Browse the latest listings for Queenstown resale flats on PropertyGuru. 

 

Queenstown BTO Location (Aug 2021 HDB BTO Launch)

Queenstown BTO location (August 2021) 

 

Address

Queensway

Nearest MRT

Queenstown MRT (East West Line)

Nearest bus interchange

Bukit Merah Bus Interchange

Nearby schools

New Town Primary, Queenstown Primary, Queensway Secondary, Queenstown Secondary, Crescent Girls’ 

Other nearby amenities

IKEA, Anchorpoint Shopping Centre, Queensway Shopping Centre, Dawson Place, neighbourhood centres, Queenstown Swimming Complex and Stadium, Alexandra Hospital, Queenstown Polyclinic, health and medical care facilities (proposed) 

 

Residents of the Queenstown BTO flats can look forward to close access to retail amenities, furniture offerings, and cheap bargains. After all, the flats will be located within a five-minute walk from IKEA, Anchorpoint Shopping Centre, and Queensway Shopping Centre. 

Public transport will also be within reasonable reach, with Queenstown MRT a 10-minute bus ride away. From Queenstown MRT, residents will be able to access other parts of Singapore such as Jurong East, the CBD, and Bishan in about half an hour or less. 

It’s worthy to note that Alexandra Hospital will just be a stone’s throw away from the BTO project. There are also plans to build a healthcare and medical care centre next to the flats.

In addition, a Chinese temple will be located just across the BTO project, and Alexandra Fire Station will be only a few minutes away. 

 

Queenstown BTO Price (Aug 2021 HDB BTO Launch)

Unit type

Queenstown BTO price (August 2021)

Previous Queenstown BTO price including grants (November 2012)

Resale flat prices in the area

3-room

TBC

$280,000

$215,000 – $420,000

4-room

TBC

$435,000

$363,000 – $655,000

 

Prices for the August 2021 Queenstown BTO launch have not been announced yet. 

However, as a rough gauge, 3-room and 4-room flats were sold for $280,000 and $435,000 respectively in the last Queenstown BTO launch in November 2012. Note that the Aug 2021 Queenstown BTO flats will likely be pricier after factoring in inflation over the years. 

All in all, these BTO flat prices are expected to be on the higher side compared to other BTO estates given Queentown’s city-fringe location and status as a mature estate.

Looking at recent resale transactions, these flats are likely to command a high resale value once their Minimum Occupation Period (MOP) has ended. Over the past year, a 4-room resale flat in the area was sold for as high as $655,000. 

Queenstown is also one of a few estates in Singapore that boasts a number of million-dollar HDB flats in recent years. 

 

Queenstown BTO Amenities (Aug 2021 HDB BTO Launch)

5-minute walking distance to IKEA, Anchorpoint, and Queensway Shopping Centre

For fans of Scandinavian furnishings and Swedish meatballs, IKEA will just be a short walk away. Anchorpoint is also a stones’ throw away for those looking for other retail and dining offerings. 

Sports junkies can also look forward to shopping at Queensway Shopping Centre for cheap sports shoes and accessories. These three retail developments will all be within a five-minute walk from the Queenstown BTO flats. 

Those who want to enjoy local fare and get their daily essentials from the market will be pleased to know about the two neighbourhood centres in the vicinity. In addition, Mei Ling Market and Food Centre will be only eight minutes away by foot. 

Five MRT stops to the CBD

Residents can also benefit from the project’s proximity to the CBD. With Raffles Place MRT just five stops away, those working there can look forward to shorter commutes and enjoy more free time. 

10-minute bus ride to Queenstown MRT

The nearest MRT will be Queenstown MRT, which will be 10 minutes away from the flats by bus. 

After boarding at Queenstown MRT, residents can easily transfer to other lines such as the Circle Line and North East Line to reach other parts of Singapore. 

With Buona Vista MRT (Circle Line) just two stops away from Queenstown MRT, residents can travel to places like one-north and Bishan in a short span of time. 

Outram Park MRT (North East Line) is three stops away, allowing residents to cut their travelling time to reach places like HarbourFront and Dhoby Ghaut. 

Close to healthcare facilities

Apart from retail amenities, healthcare facilities will be easily accessible for residents of the Queenstown BTO project. 

Providing comprehensive and urgent medical services, Alexandra Hospital will just be across the street. For minor ailments, residents can get to Queenstown Polyclinic in 10 minutes by bus. 

In addition, a health and medical care centre is being proposed to be built next to the flats. 

10-minute bus ride to Queenstown Swimming Complex and Stadium

Sports junkies will be pleased to know that cheap bargains will not be the only perk of living in the Queenstown BTO flats. 

Located just across Queenstown MRT, sports facilities such as Queenstown Swimming Complex and Stadium can be reached within a 10-minute bus ride.

For those who prefer nature and the outdoors, there’s also the Alexandra-Queensway park connector nearby, with a stretch of it right in front of the BTO flats. 

Educational institutions in the area

Crescent Girls’, a popular girls’ school in Singapore, will be around 25 minutes away by bus. 

Apart from this school, there aren’t many other primary and secondary schools in the area.

 

Conclusion: Is this Queenstown BTO worth balloting for? 

Situated relatively close to the city, the August 2021 Queenstown BTO project will be well-suited for those who want to enjoy easy access to retail centres, healthcare facilities, and connectivity to other parts of the island.  

Pros of the August 2021 Queenstown BTO

  • Relatively central location
  • Very close to retail offerings
  • Great connectivity to CBD and other parts of Singapore
  • Easy access to healthcare amenities

Cons of the August 2021 Queenstown BTO

  • Likely to come with a higher price tag than other estates in the same launch
  • Few school options in the area

The Queenstown BTO project will be especially ideal for those who love shopping and spending time at IKEA. Sports enthusiasts will also get to benefit from the close proximity to Queensway Shopping Centre. 

Located relatively close to central Singapore, the flats will also make for a nice home for those working in the CBD. Other parts of Singapore will also be easily accessible given the transport connectivity from Queenstown. 

However, there are only a few educational institutions available in the vicinity. This means that having a school close to home may turn out to be out of the question for some families.

Furthermore, given Queenstown status as a mature estate and proximity to central Singapore, the BTO flats are expected to come with a higher price tag. 

The project is also set to be one of the most anticipated BTO launches since the last launch nine years ago in the estate in November 2012. Compared to the other projects in the August 2021 launch, the Queenstown BTO is likely to be one of the most contested projects. 

This means that if you’re keen on securing a flat in the August 2021 launch, you’ll likely have a better shot with the other estates like Hougang and Tampines. 

 

More FAQs related to BTOs

Is SBF more expensive than BTO?

SBFs are generally more expensive than BTO flats as the prices of the former have been adjusted according to market conditions. With that said, SBFs are still cheaper than resale flats. 

Can I apply for both BTO and SBF?

You can only apply for either a BTO or SBF during a sales launch. You won’t be able to apply for both at the same time. 

How long does BTO results take?

You’ll know about the ballot outcome around three weeks after the end of the BTO application period. 

Since you’re here, why not learn about the other estates in the August 2021 BTO launch?

  • Aug 2021 BTO launch overview

You can also head over here to read more of such property guides!

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