FreeholdOCRDistrict 19 (Hougang)

The Promenade@Pelikat

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

The Promenade@Pelikat is a freehold apartment in District 19 (Hougang) that obtained TOP in 2015, with 164 units across 1 block. Across 240 transactions on record, units have recently transacted around S$1.05M (S$1,327 psf, ~893 sqft). There are 35 units for sale from S$758k to S$5.69M.

1

What are the key facts about The Promenade@Pelikat?

Key Takeaway

The Promenade@Pelikat is a freehold apartment in District 19 (Hougang) that obtained TOP in 2015, with 164 units across 1 block.

Tenure
Freehold
TOP / Completion
2015
Developer
OXLEY VIBES PTE LTD
Total units
164
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,327 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at The Promenade@Pelikat?

Key Takeaway

Units have recently transacted around S$1.05M (S$1,327 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$1.05M

recent · 240 sales on record

Median PSF

S$1,327 psf

recent transactions

Median rent (monthly)

S$1,989

683 rentals on record

Gross rental yield

2.3%

indicative, gross

Units currently for sale are asking a median of S$1,389 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at The Promenade@Pelikat?

Key Takeaway

The Promenade@Pelikat has 240 recorded sales; the most recent transacted at S$1,050,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,050,000893S$1,175 psf
Jun 2026S$1,228,000926S$1,327 psf
Jun 2026S$1,268,000947S$1,339 psf
May 2026S$1,388,8001,216S$1,142 psf
Apr 2026S$700,000452S$1,548 psf
Feb 2026S$1,070,000915S$1,169 psf
Jun 2025S$1,188,000969S$1,226 psf
Apr 2025S$1,100,000926S$1,188 psf
Mar 2025S$791,688517S$1,532 psf
Nov 2024S$710,000452S$1,570 psf
Nov 2024S$768,000484S$1,586 psf
Jul 2024S$750,000484S$1,548 psf

240 sales and 683 rentals on record since Apr 2012. Source: URA.

4

Are prices at The Promenade@Pelikat rising?

Key Takeaway

The median transacted PSF at The Promenade@Pelikat has fallen 9% over the past 9 years (20172026), from S$1,294 psf to S$1,175 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,175 psfS$1.07M6-4.2%
2025S$1,226 psfS$1.10M3-19.7%
2024S$1,526 psfS$750k7+7.9%
2023S$1,414 psfS$700k14+2.2%
2022S$1,383 psfS$685k11+33.4%
2021S$1,037 psfS$965k11-14.6%
2020S$1,214 psfS$600k15+23.9%
2019S$980 psfS$950k6-20.2%
2018S$1,228 psfS$650k5-5.1%
2017S$1,294 psfS$618k3

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 The Promenade@Pelikat?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where The Promenade@Pelikat sits — in the last 12 months, across all property types.

Active agents · 12mo

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

all-time · all property types

Source: CEA public transaction records, attributed to District 19across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at The Promenade@Pelikat?

Key Takeaway

The Promenade@Pelikat has 35 units listed for sale, spanning 1–6-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom12S$758k–S$800kS$1,643 psf
2-bedroom18S$1.20M–S$1.34MS$1,376 psf
3-bedroom4S$1.85M–S$1.85M
6-bedroom1S$5.69M–S$5.69MS$1,753 psf
7

Where is The Promenade@Pelikat and what's nearby?

Key Takeaway

The Promenade@Pelikat is located in Hougang, in the North-East Region of Singapore.

The Promenade@Pelikat is a freehold apartment completed in 2015. It was developed by OXLEY VIBES PTE LTD. The development has 164 residential units. It sits on a land area of 856 sqm.

THE PROMENADE@PELIKAT is located at 183 Jalan Pelikat, Singapore 537643. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Kovan MRT, approximately 624m away, around 10 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, PRIME SUPERMARKET (1996) PTE LTD for groceries, Blk 105 Hougang Ave 1 for food options, and Aroozoo Ave Pg for greenery and recreation.

8

Who built The Promenade@Pelikat and how big is the development?

Key Takeaway

The Promenade@Pelikat was developed by OXLEY VIBES PTE LTD, designed by RONNY CHIN ARCHITECTS PTE LTD, with 164 units over up to 3 storeys.

Developer
OXLEY VIBES PTE LTD
Architect
RONNY CHIN ARCHITECTS PTE LTD
Main contractor
CKR CONTRACT SERVICES PTE LTD
Floors
3 storeys
Blocks
1
Land area
856 sqm (9,214 sqft)
9

How far is The Promenade@Pelikat from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Promenade@Pelikat is Kovan MRT, about 625 m away (~10 min walk). 4 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.

  • Yuying Secondary SchoolSecondary schoolwithin 1 km334 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority414 m
  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km567 m
  • Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority720 m
  • Anderson Serangoon Junior CollegeJunior college1.1 km
  • Holy Innocents' Primary SchoolPrimary school1.5 km
  • St. Gabriel's Secondary SchoolSecondary school1.6 km
  • Bartley Secondary SchoolSecondary school1.8 km

Shops, food & parks

Mall: Heartland Mall Kovan · 558 mSupermarket: Prime Supermarket (1996) Pte Ltd · 363 mHawker centre: Blk 105 Hougang Ave 1 · 289 mPark: Aroozoo Ave Pg · 208 m

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

10

What does it cost to own a unit at The Promenade@Pelikat?

Key Takeaway

Buying a unit at The Promenade@Pelikat (~S$1.05M) needs about S$7,686/mo in income and S$3,536/mo in repayments, after S$26,600 stamp duty and a S$263k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.05M) 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$26,600

BSD, tiered

Downpayment (25%)

S$263k

cash + CPF

Monthly instalment

S$3,536/mo

30y @ 3.5%

Income required

S$7,686/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 The Promenade@Pelikat? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Promenade@Pelikat's own transactions.

PropKaki
Is The Promenade@Pelikat a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about The Promenade@Pelikat

How much does a unit at The Promenade@Pelikat cost?

Units at The Promenade@Pelikat have recently transacted around S$1.05M (S$1,327 psf), from 240 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Promenade@Pelikat?

For a unit around S$1.05M as a first home, you'd need roughly S$7,686/mo in income (assessed at the stress-test rate), with repayments near S$3,536/mo after a S$263k (25%) downpayment and S$26,600 Buyer's Stamp Duty.

Is The Promenade@Pelikat a good investment?

Gross rental yield is about 2.3%, and current asking prices sit about 5% above the most recent transacted PSF; median PSF has fallen about 9% since 2017. 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 The Promenade@Pelikat going up?

The median transacted PSF at The Promenade@Pelikat has fallen about 9% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Promenade@Pelikat freehold or leasehold?

The Promenade@Pelikat is freehold — ownership does not expire.

When was The Promenade@Pelikat built and who developed it?

The Promenade@Pelikat obtained TOP in 2015, developed by OXLEY VIBES PTE LTD, with 164 units across 1 block.

How many units are for sale at The Promenade@Pelikat?

There are 35 units for sale at The Promenade@Pelikat, from S$758k to S$5.69M.

What is the nearest MRT to The Promenade@Pelikat?

The nearest MRT/LRT station to The Promenade@Pelikat is Kovan MRT, about 625 m away (~10 min walk).

Which primary schools are within 1 km of The Promenade@Pelikat?

Xinghua Primary School, Paya Lebar Methodist Girls' School (Primary) are within 1 km of The Promenade@Pelikat — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp