Promises Gardens
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).
What are the key facts about Promises Gardens?
Promises Gardens is a freehold condominium in District 10 (Bukit Timah) that obtained TOP in 1992, with 48 units.
- Tenure
- Freehold
- TOP / Completion
- 1992
- Developer
- —
- Total units
- 48
- Blocks
- —
- District / Area
- District 10 (Bukit Timah)
- Market segment
- CCR
- Median PSF
- S$619 psf
- Last transacted
- Oct 2007
- Remaining lease
- Freehold
What is the price and PSF at Promises Gardens?
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
Source: URA caveat data, through Oct 2007.
What has recently sold at Promises Gardens?
Promises Gardens has 45 recorded sales; the most recent transacted at S$71,200,000 in Oct 2007 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 2007 | S$71,200,000 | 51,947 | S$1,371 psf |
| May 2007 | S$850,000 | 1,249 | S$681 psf |
| Mar 2007 | S$500,000 | 807 | S$619 psf |
| Aug 2006 | S$720,000 | 1,227 | S$587 psf |
| Apr 2006 | S$710,000 | 1,313 | S$541 psf |
| Dec 2005 | S$710,000 | 1,249 | S$569 psf |
| Apr 2003 | S$730,000 | 1,227 | S$595 psf |
| Mar 2003 | S$775,000 | 1,313 | S$590 psf |
| Oct 2001 | S$810,000 | 1,249 | S$649 psf |
| Sept 2000 | S$660,000 | 807 | S$818 psf |
| Dec 1999 | S$970,000 | 1,249 | S$777 psf |
| Dec 1999 | S$905,000 | 1,249 | S$725 psf |
45 sales and 129 rentals on record since Jan 1995. Source: URA.
Are prices at Promises Gardens rising?
The median transacted PSF at Promises Gardens has fallen 12% over the past 12 years (1995–2007), from S$774 psf to S$681 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2007 | S$681 psf | S$850k | 3 | +25.9% |
| 2006 | S$541 psf | S$710k | 2 | -8.3% |
| 2003 | S$590 psf | S$730k | 2 | -17.6% |
| 1999 | S$716 psf | S$905k | 11 | +22.0% |
| 1998 | S$587 psf | S$610k | 6 | -35.1% |
| 1997 | S$905 psf | S$810k | 4 | +0.6% |
| 1996 | S$900 psf | S$1.12M | 6 | +16.3% |
| 1995 | S$774 psf | S$860k | 8 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Promises Gardens?
8,469 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
8,469
District 10 · closed ≥1 deal
Deals on record
67,594
all-time · all property types
Source: CEA public transaction records, attributed to District 10across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Promises Gardens and what's nearby?
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.
How far is Promises Gardens from MRT and schools?
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
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Promises Gardens?
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
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 Promises Gardens? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Promises Gardens's own transactions.
Recent units at Promises Gardens sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Promises Gardens
How much does a unit at Promises Gardens cost?⌄
Units at Promises Gardens have recently transacted around S$730k (S$619 psf), from 45 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Promises Gardens a good investment?⌄
Gross rental yield is about 3.0%; median PSF has fallen about 12% since 1995. 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.
Are prices at Promises Gardens going up?⌄
The median transacted PSF at Promises Gardens has fallen about 12% between 1995 and 2007, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Promises Gardens freehold or leasehold?⌄
Promises Gardens is freehold — ownership does not expire.
When was Promises Gardens built and who developed it?⌄
Promises Gardens obtained TOP in 1992, with 48 units.
