99-yearRCRDistrict 3 (Bukit Merah)

Promenade Peak

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2026 (URA)
Quick Summary

Promenade Peak is a 99-year condominium in District 3 (Bukit Merah) with TOP expected in 2029, with 596 units across 1 block. Across 435 transactions on record, units have recently transacted around S$3.24M (S$3,137 psf, ~1,033 sqft). There are 197 units for sale from S$0 to S$25.00M. The lease has approximately 97 years remaining.

Key facts about Promenade Peak
Tenure99-year leasehold from 2024 (≈97 years left)
TOP year2029 (expected)
DeveloperValerian Residential Pte Ltd
Units596 in 1 block
District and areaDistrict 3 · Bukit Merah · RCR
Nearest MRTGreat World MRT, 267 m (~4 min walk)
Latest median psfS$3,137 psf, last 12 URA caveats to Oct 2026
1

What's for sale and for rent at Promenade Peak?

Key Takeaway

Promenade Peak has 197 units listed for sale, asking S$0 to S$25.00M (median S$3,109 psf), and 0 units for rent.

For sale

197 listings

S$0 – S$25.00M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom24S$0–S$6.44MS$2,775 psf
2-bedroom61S$1.38M–S$2.21MS$2,987 psf
3-bedroom52S$2.10M–S$4.02MS$3,110 psf
4-bedroom43S$4.48M–S$4.66MS$3,261 psf
5-bedroom17S$6.22M–S$25.00MS$3,417 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Promenade Peak?

Key Takeaway

PropKaki has 18 layouts on record for Promenade Peak, from 1 to 5 bedrooms (527 sqft to 1,884 sqft).

BedroomsLayoutsSizes
1 Bedroom2527 sq ft
2 Bedroom8657 to 797 sq ft
3 Bedroom41,033 to 1,195 sq ft
4 Bedroom31,421 to 1,582 sq ft
5 Bedroom11,884 sq ft

PropKaki holds 18 floor plans for Promenade Peak.

See Promenade Peak's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Promenade Peak?

Key Takeaway

Units have recently transacted around S$3.24M (S$3,137 psf) (URA caveat data).

Recent median price

S$3.24M

recent · 435 sales on record

Median PSF

S$3,137 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$3,109 psf.

Source: URA caveat data, through Oct 2026.

4

What has recently sold at Promenade Peak?

Key Takeaway

Promenade Peak has 435 recorded sales; the most recent transacted at S$4,008,000 in Oct 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2026S$4,008,0001,163S$3,448 psf
Oct 2026S$2,355,800797S$2,958 psf
Oct 2026S$2,175,300764S$2,846 psf
Oct 2026S$3,241,6001,033S$3,137 psf
Sept 2026S$3,270,5001,033S$3,165 psf
Aug 2026S$2,348,500797S$2,948 psf
Jul 2026S$5,068,2001,421S$3,567 psf
Jul 2026S$6,600,0001,884S$3,504 psf
Jul 2026S$6,600,0001,884S$3,504 psf
Jul 2026S$1,467,700527S$2,783 psf
Jun 2026S$4,852,0001,421S$3,415 psf
Jun 2026S$2,317,600764S$3,033 psf

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

5

Is Promenade Peak a good investment?

Key Takeaway

Promenade Peak has no resales on record yet, so it has no track record of its own. Across District 3, 89% of 7,579 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 5.9-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

District 3 sold for more

89%

of 7,579 private resales

Median gain

23%

gross, before costs

Median hold

5.9 years

bought to resold

Promenade Peak has fewer than 10 matched resales, so the figures are for District 3 as a whole. Check the odds for your unit size and holding period →

6

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.

7

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.

8

Who built Promenade Peak and how big is the development?

Key Takeaway

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)
9

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
10

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

Key Takeaway

Buying a unit at Promenade Peak (~S$3.24M) needs about S$23,729/mo in income and S$10,917/mo in repayments, after S$134,096 stamp duty and a S$810k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.24M) 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$134,096

BSD, tiered

Downpayment (25%)

S$810k

cash + CPF

Monthly instalment

S$10,917/mo

30y @ 3.5%

Income required

S$23,729/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Promenade Peak?

Key Takeaway

8,060 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

8,060

District 3 · closed ≥1 deal

Deals on record

39,658

all-time · all property types

Source: CEA public transaction records, attributed to District 3 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

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.

PropKaki
Is Promenade Peak a good buy, and what are units selling for?

Recent units at Promenade Peak sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Promenade Peak

Is Promenade Peak freehold?⌄

No. Promenade Peak is on a 99-year lease that started in 2024, with about 97 years left.

How old is Promenade Peak?⌄

Promenade Peak is still being built. Its completion (TOP) is expected in 2029.

Is Promenade Peak a good investment?⌄

Promenade Peak has no resales on record yet, so it has no track record of its own. Across District 3, 89% of 7,579 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 5.9-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

Is Promenade Peak an EC?⌄

No. Promenade Peak is a private condominium, not an executive condominium (EC).

Who is the developer of Promenade Peak?⌄

Promenade Peak is being developed by Valerian Residential Pte Ltd.

What is the price of a condo at Promenade Peak?⌄

Units at Promenade Peak have recently sold for around S$3.24M (S$3,137 psf), the median of the last 12 URA caveats to Oct 2026. The price depends on size, floor and facing. 197 units are listed for sale from S$0 to S$25.00M.

Where is Promenade Peak located?⌄

Promenade Peak is at 1 Zion Promenade, Singapore 169564, in Bukit Merah (District 3). The nearest MRT station is Great World MRT, about 267 m away.

How many units are there in Promenade Peak?⌄

Promenade Peak has 596 units in 1 block, up to 63 storeys high.

How much do I need to earn to buy at Promenade Peak?⌄

For a unit around S$3.24M as a first home, you'd need roughly S$23,729/mo in income (assessed at the stress-test rate), with repayments near S$10,917/mo after a S$810k (25%) downpayment and S$134,096 Buyer's Stamp Duty.

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 get priority in Primary 1 (P1) registration.