FreeholdCCRDistrict 10 (Bukit Timah)

Promises Gardens

Reviewed by Nathan TangUpdated 24 September 2026Data through Oct 2007 (URA)
Quick Summary

Promises Gardens is a freehold condominium in District 10 (Bukit Timah) that obtained TOP in 1992, with 48 units. Across 45 transactions on record, units have recently transacted around S$730k (S$619 psf, ~1,249 sqft). There are 2 units for sale from S$15.29M to S$15.29M.

Key facts about Promises Gardens
TenureFreehold
TOP year1992
Units48
District and areaDistrict 10 · Bukit Timah · CCR
Latest median psfS$619 psf, last 12 URA caveats to Oct 2007
1

What's for sale and for rent at Promises Gardens?

Key Takeaway

Promises Gardens has 2 units listed for sale, asking S$15.29M to S$15.29M (median S$3,058 psf), and 0 units for rent.

For sale

2 listings

S$15.29M – S$15.29M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
5-bedroom2S$15.29M–S$15.29MS$3,058 psf

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

2

What are the floor plans and unit sizes at Promises Gardens?

Key Takeaway

Floor plans for Promises Gardens aren't in PropKaki's library yet. Across 45 URA caveats, units range from 807 sqft to 51,947 sqft, and the middle half are 1,227 sqft to 1,249 sqft.

Unit typeSizes listed for saleAsking from
5-bedroom5,000 sqftS$15.29M · S$3,058 psf

Check the Floor Plan Finder for Promises Gardens →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Promises Gardens?

Key Takeaway

Units have recently transacted around S$730k (S$619 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$730k

recent · 45 sales on record

Median PSF

S$619 psf

recent transactions

Median rent (monthly)

S$1,800

129 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$3,058 psf — about 394% above the most recent transacted PSF.

Source: URA caveat data, through Oct 2007.

4

What has recently sold at Promises Gardens?

Key Takeaway

Promises Gardens has 45 recorded sales; the most recent transacted at S$71,200,000 in Oct 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2007S$71,200,00051,947S$1,371 psf
May 2007S$850,0001,249S$681 psf
Mar 2007S$500,000807S$619 psf
Aug 2006S$720,0001,227S$587 psf
Apr 2006S$710,0001,313S$541 psf
Dec 2005S$710,0001,249S$569 psf
Apr 2003S$730,0001,227S$595 psf
Mar 2003S$775,0001,313S$590 psf
Oct 2001S$810,0001,249S$649 psf
Sept 2000S$660,000807S$818 psf
Dec 1999S$970,0001,249S$777 psf
Dec 1999S$905,0001,249S$725 psf

45 sales and 129 rentals on record since Jan 1995. Source: URA.

5

Are prices at Promises Gardens rising?

Key Takeaway

The median transacted PSF at Promises Gardens has fallen 12% over the past 12 years (19952007), from S$774 psf to S$681 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2007S$681 psfS$850k3+25.9%
2006S$541 psfS$710k2-8.3%
2003S$590 psfS$730k2-17.6%
1999S$716 psfS$905k11+22.0%
1998S$587 psfS$610k6-35.1%
1997S$905 psfS$810k4+0.6%
1996S$900 psfS$1.12M6+16.3%
1995S$774 psfS$860k8

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Promises Gardens a good investment?

Key Takeaway

Of 12 units at Promises Gardens that were bought and later resold (bought from 1995, resold up to 2007), 25% sold for more than they were bought for, with a median gain of -11% over a median 3.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Units listed now ask about 394% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

25%

of 12 resales here

Median gain

-11%

gross, before costs

Median hold

3.6 years

bought to resold

Every unit at Promises Gardens with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Promises Gardens and what's nearby?

Key Takeaway

Promises Gardens is located in Bukit Timah, in the Central Region of Singapore.

Promises Gardens is a freehold condominium completed in 1992. The development has 48 residential units.

PROMISES GARDENS is located at 55 Jalan Lim Tai See, Singapore 268386. It is part of District 10, Ardmore / Bukit Timah / Holland Road / Tanglin, Bukit Timah. The project falls within the Central Region and the CCR market segment.

Nearby amenities include The Star Vista for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Sixth Ave Pg for greenery and recreation.

8

How far is Promises Gardens from MRT and schools?

Key Takeaway

Schools nearby

  • Henry Park Primary SchoolPrimary school1.0 km
  • Nanyang Girls' High SchoolSecondary school1.5 km
  • Hwa Chong InstitutionMixed-level school1.5 km
  • Methodist Girls' School (Secondary)Secondary school1.6 km
  • Methodist Girls' School (Primary)Primary school1.6 km
  • National Junior CollegeMixed-level school1.6 km
  • Nanyang Primary SchoolPrimary school1.7 km
  • Raffles Girls' Primary SchoolPrimary school1.8 km

Shops, food & parks

Mall: The Star Vista · 1.7 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 847 mPark: Sixth Ave Pg · 172 m

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

9

What does it cost to own a unit at Promises Gardens?

Key Takeaway

Buying a unit at Promises Gardens (~S$730k) needs about S$5,344/mo in income and S$2,459/mo in repayments, after S$16,500 stamp duty and a S$183k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$730k) 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$16,500

BSD, tiered

Downpayment (25%)

S$183k

cash + CPF

Monthly instalment

S$2,459/mo

30y @ 3.5%

Income required

S$5,344/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around Promises Gardens?

Key Takeaway

8,471 CEA-registered agents closed at least one recorded deal in District 10 — where Promises Gardens sits — in the last 12 months, across all property types.

Active agents · 12mo

8,471

District 10 · closed ≥1 deal

Deals on record

67,636

all-time · all property types

Source: CEA public transaction records, attributed to District 10 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 Promises Gardens? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Promises Gardens's own transactions.

PropKaki
Is Promises Gardens a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Promises Gardens

Is Promises Gardens freehold?

Yes. Promises Gardens is freehold, so ownership does not run out.

How old is Promises Gardens?

Promises Gardens was completed (obtained TOP) in 1992, so it is about 34 years old.

Is Promises Gardens a good investment?

Of 12 units at Promises Gardens that were bought and later resold (bought from 1995, resold up to 2007), 25% sold for more than they were bought for, with a median gain of -11% over a median 3.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Units listed now ask about 394% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Promises Gardens an EC?

No. Promises Gardens is a private condominium, not an executive condominium (EC).

What is the price of a condo at Promises Gardens?

Units at Promises Gardens have recently sold for around S$730k (S$619 psf), the median of the last 12 URA caveats to Oct 2007. The price depends on size, floor and facing. 2 units are listed for sale from S$15.29M to S$15.29M.

Where is Promises Gardens located?

Promises Gardens is at 55 Jalan Lim Tai See, Singapore 268386, in Bukit Timah (District 10).

How many units are there in Promises Gardens?

Promises Gardens has 48 units.

How much do I need to earn to buy at Promises Gardens?

For a unit around S$730k as a first home, you'd need roughly S$5,344/mo in income (assessed at the stress-test rate), with repayments near S$2,459/mo after a S$183k (25%) downpayment and S$16,500 Buyer's Stamp Duty.

Are prices at Promises Gardens going up?

The median price per square foot at Promises Gardens has fallen about 12% between 1995 and 2007, based on URA caveats. The year-by-year figures are in the price-trend table above.