Promenade Peak
Promenade Peak is a 99-year condominium in District 3 (Bukit Merah) that obtained TOP in 2029, with 596 units across 1 block. Across 448 transactions on record, units have recently transacted around S$2.32M (S$3,041 psf, ~764 sqft). There are 174 units for sale from S$0 to S$25.00M. The lease has approximately 97 years remaining.
What are the key facts about Promenade Peak?
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$3,041 psf
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 97 years
What is the price and PSF at Promenade Peak?
Units have recently transacted around S$2.32M (S$3,041 psf) (URA caveat data).
Recent median price
S$2.32M
recent · 448 sales on record
Median PSF
S$3,041 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$3,110 psf — about 2% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Promenade Peak?
Promenade Peak has 448 recorded sales; the most recent transacted at S$5,068,200 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2026 | S$5,068,200 | 1,421 | S$3,567 psf |
| Jul 2026 | S$6,600,000 | 1,884 | S$3,504 psf |
| Jul 2026 | S$6,600,000 | 1,884 | S$3,504 psf |
| Jul 2026 | S$1,467,700 | 527 | S$2,783 psf |
| Jun 2026 | S$4,852,000 | 1,421 | S$3,415 psf |
| Jun 2026 | S$2,317,600 | 764 | S$3,033 psf |
| Jun 2026 | S$2,317,600 | 764 | S$3,033 psf |
| Jun 2026 | S$1,833,877 | 667 | S$2,748 psf |
| Jun 2026 | S$1,833,877 | 667 | S$2,748 psf |
| Jun 2026 | S$1,603,700 | 527 | S$3,041 psf |
| Jun 2026 | S$1,603,700 | 527 | S$3,041 psf |
| May 2026 | S$3,996,300 | 1,163 | S$3,438 psf |
448 sales and 0 rentals on record since Aug 2025. Source: URA.
How many property agents are active around Promenade Peak?
7,621 CEA-registered agents closed at least one recorded deal in District 3 — where Promenade Peak sits — in the last 12 months, across all property types.
Active agents · 12mo
7,621
District 3 · closed ≥1 deal
Deals on record
38,483
all-time · all property types
Source: CEA public transaction records, attributed to District 3across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Promenade Peak?
Promenade Peak has 174 units listed for sale, spanning 1–5-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 22 | S$0–S$6.44M | S$2,775 psf |
| 2-bedroom | 52 | S$1.38M–S$2.21M | S$2,888 psf |
| 3-bedroom | 38 | S$2.10M–S$4.02M | S$3,110 psf |
| 4-bedroom | 48 | S$4.38M–S$4.88M | S$3,261 psf |
| 5-bedroom | 14 | S$6.22M–S$25.00M | S$3,413 psf |
Where is Promenade Peak and what's nearby?
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.
Who built Promenade Peak and how big is the development?
Promenade Peak was developed by Valerian Residential Pte Ltd, with 596 units over up to 63 storeys.
- Developer
- Valerian Residential Pte Ltd
- Floors
- 63 storeys
- Blocks
- 1
- Land area
- 9,286 sqm (99,954 sqft)
- Gross floor area
- 52,002 sqm (559,744 sqft)
How far is Promenade Peak from MRT and schools?
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
- Great World MRT267 m · ~4 min
- Havelock MRT355 m · ~6 min
- Tiong Bahru MRT875 m · ~14 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Promenade Peak have?
Promenade Peak has 41 facilities, including Accessible Washroom/Shower, Adult Fitness Stations, Aircon Facilities, Alfresco Dining, and more.
What does it cost to own a unit at Promenade Peak?
Buying a unit at Promenade Peak (~S$2.32M) needs about S$16,966/mo in income and S$7,805/mo in repayments, after S$85,480 stamp duty and a S$579k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.32M) 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$85,480
BSD, tiered
Downpayment (25%)
S$579k
cash + CPF
Monthly instalment
S$7,805/mo
30y @ 3.5%
Income required
S$16,966/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Promenade Peak? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Promenade Peak's own transactions.
PropKakiRecent units at Promenade Peak sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Promenade Peak
How much does a unit at Promenade Peak cost?⌄
Units at Promenade Peak have recently transacted around S$2.32M (S$3,041 psf), from 448 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Promenade Peak?⌄
For a unit around S$2.32M as a first home, you'd need roughly S$16,966/mo in income (assessed at the stress-test rate), with repayments near S$7,805/mo after a S$579k (25%) downpayment and S$85,480 Buyer's Stamp Duty.
Is Promenade Peak a good investment?⌄
current asking prices sit about 2% above the most recent transacted PSF. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Is Promenade Peak freehold or leasehold?⌄
Promenade Peak is 99-year, with approximately 97 years remaining on the lease.
When was Promenade Peak built and who developed it?⌄
Promenade Peak obtained TOP in 2029, developed by Valerian Residential Pte Ltd, with 596 units across 1 block.
How many units are for sale at Promenade Peak?⌄
There are 174 units for sale at Promenade Peak, from S$0 to S$25.00M.
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.