PropKaki
CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

The Promenade@Pelikat

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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. 307 transactions are on record since 1995, most recently in Jun 2026. 54 units are currently listed for sale or rent. ACRA records 368 live company registrations at this address.

The facts are here — now get the verdict on The Promenade@Pelikat.Ask PropKaki
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
183 Jalan Pelikat
Land area
—
Transactions on record
307 (records start 1995)
Live listings
54
ACRA registrations
368
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.

307 transactions have been recorded here, at a median of S$2,698 psf. The most recent was in June 2026.

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).

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 Do not quote a plot ratio, and do not compute buildable GFA from it.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

What has The Promenade@Pelikat sold for?

Key takeawayAcross 307 recorded transactions since 1995, the median price is about S$693k, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026RetailS$445k237 sqft$1,879
May 2026RetailS$413k237 sqft$1,744
Apr 2026RetailS$750k334 sqft$2,248
Jan 2026RetailS$368k205 sqft$1,799
Jan 2026RetailS$1.18M398 sqft$2,963
Oct 2025RetailS$450k205 sqft$2,200
Sept 2025RetailS$500k388 sqft$1,290
Jun 2025RetailS$363k183 sqft$1,984
Apr 2025RetailS$735k280 sqft$2,626
Jan 2025RetailS$490k237 sqft$2,069

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

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.

6

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.

7

What is available at The Promenade@Pelikat right now?

Key takeaway54 units are currently listed at The Promenade@Pelikat — 37 for sale and 17 for rent. One row per unit; several agents often market the same unit.

For sale (37)

  • The Promenade @ PelikatS$420k · 182 sqft
  • The Promenade @ PelikatS$692k · 247 sqft
  • The Promenade @ Pelikat2 agentsS$689k · 269 sqft
  • The Promenade @ PelikatS$450k · 151 sqft

For rent (17)

  • The Promenade @ PelikatS$2k/mo · 291 sqft
  • The Promenade @ Pelikat2 agentsS$2k/mo · 258 sqft
  • The Promenade @ PelikatS$2k/mo · 330 sqft
  • The Promenade @ PelikatS$1k/mo · 238 sqft

Browse every listing at this building →

8

What is near The Promenade@Pelikat?

Key takeawayThe nearest MRT/LRT is Kovan MRT, about 624 m away — and 3 competing retail premisess operate nearby.

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 mPlace Of Worship · 363 mKovan MRT Exit C · 589 mHotel · 998 mBusiness Park · 1.4 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Blk 105 Hougang Ave 1 · 287 mPrime Supermarket (1996) Pte Ltd · 361 mHeartland Mall Kovan · 558 m

Straight-line distances. Source: PropKaki amenities data.

9

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.

10

Frequently asked questions about The Promenade@Pelikat

Where is The Promenade@Pelikat?⌄

The Promenade@Pelikat is at 183 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.

What have units at The Promenade@Pelikat sold for?⌄

Across 307 recorded transactions, the median price is S$2,698 psf. The latest was in June 2026.

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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