Promenade Peak
Promenade Peak is a 99-year condominium in District 3 (Bukit Merah) with TOP expected in 2029, with 596 units across 1 block. Across 430 transactions on record, units have recently transacted around S$2.35M (S$3,033 psf, ~797 sqft). There are 198 units for sale from S$0 to S$25.00M. The lease has approximately 97 years remaining.
| Tenure | 99-year leasehold from 2024 (≈97 years left) |
|---|---|
| TOP year | 2029 (expected) |
| Developer | Valerian Residential Pte Ltd |
| Units | 596 in 1 block |
| District and area | District 3 · Bukit Merah · RCR |
| Nearest MRT | Great World MRT, 267 m (~4 min walk) |
| Latest median psf | S$3,033 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at Promenade Peak?
Promenade Peak has 198 units listed for sale, asking S$0 to S$25.00M (median S$3,098 psf), and 0 units for rent.
For sale
198 listings
S$0 – S$25.00M
For rent
0 listings
no asking rents
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 26 | S$0–S$6.44M | S$2,775 psf |
| 2-bedroom | 61 | S$1.38M–S$2.21M | S$2,928 psf |
| 3-bedroom | 54 | S$2.10M–S$4.02M | S$3,110 psf |
| 4-bedroom | 41 | S$4.48M–S$4.66M | S$3,261 psf |
| 5-bedroom | 16 | S$6.22M–S$25.00M | S$3,417 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Promenade Peak?
Floor plans for Promenade Peak aren't in PropKaki's library yet. Across 430 URA caveats, units range from 527 sqft to 1,884 sqft, and the middle half are 657 sqft to 1,076 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 527 sqft to 1,884 sqft | S$0 · S$2,775 psf |
| 2-bedroom | 527 sqft to 786 sqft | S$1.38M · S$2,928 psf |
| 3-bedroom | 764 sqft to 1,163 sqft | S$2.10M · S$3,110 psf |
| 4-bedroom | 1,421 sqft | S$4.48M · S$3,261 psf |
| 5-bedroom | 1,884 sqft to 4,144 sqft | S$6.22M · S$3,417 psf |
Check the Floor Plan Finder for Promenade Peak →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Promenade Peak?
Units have recently transacted around S$2.35M (S$3,033 psf) (URA caveat data).
Recent median price
S$2.35M
recent · 430 sales on record
Median PSF
S$3,033 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$3,098 psf — about 2% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2026.
What has recently sold at Promenade Peak?
Promenade Peak has 430 recorded sales; the most recent transacted at S$2,348,500 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$2,348,500 | 797 | S$2,948 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$1,833,877 | 667 | S$2,748 psf |
| Jun 2026 | S$1,603,700 | 527 | S$3,041 psf |
| May 2026 | S$3,996,300 | 1,163 | S$3,438 psf |
| Apr 2026 | S$3,098,062 | 1,033 | S$2,998 psf |
| Apr 2026 | S$2,308,000 | 786 | S$2,937 psf |
430 sales and 0 rentals on record since Aug 2025. Source: URA.
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 7,486 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). Units listed now ask about 2% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
District 3 sold for more
89%
of 7,486 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 →
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.
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.
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)
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$2.35M) needs about S$17,192/mo in income and S$7,909/mo in repayments, after S$87,025 stamp duty and a S$587k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.35M) 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$87,025
BSD, tiered
Downpayment (25%)
S$587k
cash + CPF
Monthly instalment
S$7,909/mo
30y @ 3.5%
Income required
S$17,192/mo
TDSR @ stress rate
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
38,518
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.
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
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 7,486 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). Units listed now ask about 2% more per square foot than recent sales. 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$2.35M (S$3,033 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 198 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$2.35M as a first home, you'd need roughly S$17,192/mo in income (assessed at the stress-test rate), with repayments near S$7,909/mo after a S$587k (25%) downpayment and S$87,025 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.