PropKaki
99-yearRCRDistrict 3 (Bukit Merah)

Promenade Peak

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

Promenade Peak is a 99-year condominium in District 3 (Bukit Merah) that obtained TOP in 2029, with 596 units across 1 block. Units have recently transacted around S$3.95M (S$3,325 psf), from 428 sales on record. There are 168 units for sale from S$0 to S$25.00M. The lease has approximately 97 years remaining.

1

What are the key facts about Promenade Peak?

Key Takeaway

Promenade Peak is a 99-year condominium in District 3 (Bukit Merah) that obtained TOP in 2029, with 596 units across 1 block.

Tenure
99-year
TOP / Completion
2029
Developer
Valerian Residential Pte Ltd
Total units
596
Blocks
1
District / Area
District 3 (Bukit Merah)
Market segment
RCR
Median PSF
S$3,325 psf
Last transacted
May 2026
Remaining lease
≈ 97 years
2

What is the price and PSF at Promenade Peak?

Key Takeaway

Units have recently transacted around S$3.95M (S$3,325 psf) (URA caveat data).

Recent median price

S$3.95M

recent · 428 sales on record

Median PSF

S$3,325 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Units currently for sale are asking a median of S$3,012 psf — about 9% below the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at Promenade Peak?

Key Takeaway

Promenade Peak has 428 recorded sales; the most recent transacted at S$3,996,300 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$3,996,3001,163S$3,438 psf
Apr 2026S$3,098,0621,033S$2,998 psf
Apr 2026S$2,308,000786S$2,937 psf
Apr 2026S$3,980,7001,163S$3,424 psf
Apr 2026S$5,261,7001,582S$3,325 psf
Apr 2026S$2,384,400786S$3,034 psf
Mar 2026S$4,972,7001,421S$3,500 psf
Mar 2026S$3,228,0001,033S$3,124 psf
Mar 2026S$3,228,0001,033S$3,124 psf
Mar 2026S$4,117,9001,195S$3,447 psf
Mar 2026S$4,117,9001,195S$3,447 psf
Mar 2026S$3,948,6001,163S$3,397 psf

428 sales and 0 rentals on record since Aug 2025. Source: URA.

4

What bedroom types are available at Promenade Peak?

Key Takeaway

Promenade Peak has 168 units listed for sale, spanning 1–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom21S$0–S$6.20MS$2,719 psf
2-bedroom48S$1.38M–S$2.29MS$2,847 psf
3-bedroom41S$2.10M–S$3.90MS$3,012 psf
4-bedroom42S$3.80M–S$4.88MS$3,197 psf
5-bedroom16S$6.20M–S$25.00MS$3,350 psf
5

Where is Promenade Peak and what's nearby?

Key Takeaway

Promenade Peak is located in Bukit Merah, in the Central Region of Singapore.

Promenade Peak is a 99-year condominium completed in 2029. It was developed by VALERIAN RESIDENTIAL PTE LTD. The development has 596 residential units. It sits on a land area of 9,286 sqm and has a gross floor area of 52,002 sqm.

PROMENADE PEAK is located at 1 Zion Promenade, Singapore 169564. It is part of District 03, Queenstown / Tiong Bahru, Bukit Merah. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Great World MRT, approximately 267m away, around 4 minutes on foot. Nearby amenities include Great World for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Zion Riverside Food Centre for food options, and Ganges Ave Os for greenery and recreation. Facilities in the development include Accessible Washroom/Shower, Adult Fitness Stations, Aircon Facilities, Alfresco Dining, Arrival Lounge/Arrival Court, and Basement car park.

6

How far is Promenade Peak from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Promenade Peak is Great World MRT, about 267 m away (~4 min walk). 2 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority422 m
  • Alexandra Primary SchoolPrimary schoolwithin 1 km · P1 priority957 m
  • Gan Eng Seng SchoolSecondary school1.1 km
  • Zhangde Primary SchoolPrimary school1.1 km
  • Crescent Girls' SchoolSecondary school1.7 km
  • Chij (Kellock)Primary school1.9 km
  • School Of The Arts, SingaporeMixed-level school1.9 km
  • Cantonment Primary SchoolPrimary school2.0 km

Shops, food & parks

Mall: Great World · 227 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 227 mHawker centre: Zion Riverside Food Centre · 219 mPark: Ganges Ave Os · 167 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Promenade Peak have?

Key Takeaway

Promenade Peak has 41 facilities, including Accessible Washroom/Shower, Adult Fitness Stations, Aircon Facilities, Alfresco Dining, and more.

Accessible Washroom/ShowerAdult Fitness StationsAircon FacilitiesAlfresco DiningArrival Lounge/Arrival CourtBasement car parkBBQ PavillionCar ParkCovered car parkChanging RoomChildren's PoolChildren's PlaygroundClubhouseCovered LinkwaysCommunity GardenCo-Working SpaceDining PavilionDrop Off PointElectrical Sub-StationFunction roomGarden TerraceGymnasium roomJacuzziLap poolLeisure GardenLeisure poolLift lobbyLoungeLandscaped GardenMain entrancePavillionPool DeckPlaygroundPoolside LoungeRoof Terrace24 hours securitySky GardenSkyline TerraceSpa poolSwimming poolWading pool
8

What does it cost to own a unit at Promenade Peak?

Key Takeaway

Buying a unit at Promenade Peak (~S$3.95M) needs about S$28,905/mo in income and S$13,298/mo in repayments, after S$176,516 stamp duty and a S$987k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.95M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$176,516

BSD, tiered

Downpayment (25%)

S$987k

cash + CPF

Monthly instalment

S$13,298/mo

30y @ 3.5%

Income required

S$28,905/mo

TDSR @ stress rate

9

Frequently asked questions about Promenade Peak

What is the price at Promenade Peak?

Units at Promenade Peak have recently transacted around S$3.95M (S$3,325 psf), from 428 sales on record (URA caveat data).

What is the PSF at Promenade Peak?

Units for sale at Promenade Peak are asking a median of about S$3,012 psf.

Is Promenade Peak freehold or leasehold?

Promenade Peak is 99-year, with approximately 97 years remaining on the lease.

When was Promenade Peak built?

Promenade Peak obtained TOP in 2029, developed by Valerian Residential Pte Ltd.

How many units are for sale at Promenade Peak?

There are 168 units for sale at Promenade Peak, from S$0 to S$25.00M.

How many units are in Promenade Peak?

Promenade Peak has 596 units across 1 block.

What facilities does Promenade Peak have?

Promenade Peak has 41 facilities, including Accessible Washroom/Shower, Adult Fitness Stations, Aircon Facilities, Alfresco Dining, Arrival Lounge/Arrival Court, Basement car park, and more.

What is the nearest MRT to Promenade Peak?

The nearest MRT/LRT station to Promenade Peak is Great World MRT, about 267 m away (~4 min walk).

Which primary schools are within 1 km of Promenade Peak?

River Valley Primary School, Alexandra Primary School are within 1 km of Promenade Peak — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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