CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

The Promenade@Pelikat

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

The Promenade@Pelikat is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. It is freehold. ACRA records 368 live company registrations at this address.

1

What are the key facts about The Promenade@Pelikat?

Key takeawayThe Promenade@Pelikat is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 19 · Hougang
Address
Land area
6,462 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
368

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About The Promenade@Pelikat

The Promenade@Pelikat is a mixed-use building in Hougang (District 19). It is located along Jalan Pelikat, Singapore 537643.

Under the URA Master Plan it sits on land zoned commercial & residential.

The site is freehold. It occupies roughly 6,462 sqm of land with about 19,473 sqm of gross floor area.

368 businesses are currently registered at this address with ACRA.

The nearest MRT is Kovan MRT, 624 m away (about a 10-minute walk). The closest bus stop (Opp Yuying Sec Sch) is 243 m away (about a 4-minute walk). Heartland Mall Kovan is 558 m away (about a 9-minute walk).

3

What is The Promenade@Pelikat zoned as?

Key takeawayThe Promenade@Pelikat sits on land zoned COMMERCIAL & RESIDENTIAL.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

How does Jalan Pelikat price?

Key takeawayAcross 25 strata sales on Jalan Pelikat in the last 5 years, the median is $2,061 psf.
Strata sales on the street (5y)
25
Street median PSF (strata)
$2,061

Street figures cover strata deals only — land and strata PSF are not comparable.

5

What do commercial rents run near The Promenade@Pelikat?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 19 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

6

What is near The Promenade@Pelikat?

Key takeawayThe nearest MRT/LRT is Kovan MRT, about 624 m away.

Getting around

Amenities nearby

Aljunied Community Centre · 201 mAroozoo Ave Pg · 212 mOpp Yuying Sec Sch · 243 mEducational Institution · 274 mLondon (MH) Clinic & Surgery · 278 mBlk 105 Hougang Ave 1 · 287 mPrime Supermarket (1996) Pte Ltd · 361 mPlace Of Worship · 363 mHeartland Mall Kovan · 558 mKovan MRT Exit C · 589 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at The Promenade@Pelikat?

Key takeawayACRA records 368 live company registrations at this address, 154 of them in the last three years.
Live registrations
368
Registered last 3 years
154
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

8

Frequently asked questions about The Promenade@Pelikat

Where is The Promenade@Pelikat?

The Promenade@Pelikat is at Jalan Pelikat, Singapore 537643, in the Hougang planning area.

What is The Promenade@Pelikat zoned as?

The Promenade@Pelikat sits on land zoned commercial & residential under the URA Master Plan.

What is the tenure of The Promenade@Pelikat?

The Promenade@Pelikat is freehold.

Have there been any recorded transactions at The Promenade@Pelikat?

No caveats have been lodged for The Promenade@Pelikat in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to The Promenade@Pelikat?

Kovan MRT is the closest, 624 m away (about a 10-minute walk).

How many businesses are registered at The Promenade@Pelikat?

368 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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This development is also registered as the residential project The Promenade@Pelikat.

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