FreeholdCCRDistrict 10 (Bukit Timah)

Promises Gardens

Reviewed by Nathan TangUpdated 10 August 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).

1

What are the key facts about Promises Gardens?

Key Takeaway

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
2

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

Source: URA caveat data, through Oct 2007.

3

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.

4

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.

5

How many property agents are active around Promises Gardens?

Key Takeaway

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.

6

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.

7

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.

8

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
9

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.

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