Queenstown has an estimated HDB resident population of 83,300 and about 30,493 flats. It is divided into 15 subzones. Being the first satellite HDB district in Singapore, Queenstown has one of the highest proportions of elderly aged 65 and above. In recent years, as part of the urban renewal efforts, further developments in Dawson situated in Princess Estate have attracted young people to move into this area. Additionally, in 2006, It was announced that Margaret Drive will be developed into a modern district with ample amenities.