The Promenade@Pelikat
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 41 units for sale from S$739k to S$5.69M.
| Tenure | Freehold |
|---|---|
| TOP year | 2015 |
| Developer | OXLEY VIBES PTE LTD |
| Units | 164 in 1 block |
| District and area | District 19 · Hougang · OCR |
| Nearest MRT | Kovan MRT, 625 m (~10 min walk) |
| Latest median psf | S$1,327 psf, last 12 URA caveats to Jun 2026 |
What's for sale and for rent at The Promenade@Pelikat?
The Promenade@Pelikat has 41 units listed for sale, asking S$739k to S$5.69M (median S$1,389 psf), and 21 units for rent at a median of S$3,500 a month.
For sale
41 listings
S$739k – S$5.69M
For rent
21 listings
S$2,600 – S$5,500 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 16 | S$739k–S$800k | S$1,643 psf |
| 2-bedroom | 17 | S$1.22M–S$1.30M | S$1,369 psf |
| 3-bedroom | 6 | S$1.84M–S$1.92M | — |
| 4-bedroom | 1 | S$1.78M–S$1.78M | — |
| 6-bedroom | 1 | S$5.69M–S$5.69M | S$1,753 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at The Promenade@Pelikat?
Floor plans for The Promenade@Pelikat aren't in PropKaki's library yet. Across 240 URA caveats, units range from 409 sqft to 1,625 sqft, and the middle half are 474 sqft to 936 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 452 sqft to 484 sqft | S$739k · S$1,643 psf |
| 2-bedroom | 807 sqft to 969 sqft | S$1.22M · S$1,369 psf |
| 3-bedroom | 1,378 sqft to 1,389 sqft | S$1.84M |
| 4-bedroom | 1,378 sqft | S$1.78M |
| 6-bedroom | 3,246 sqft | S$5.69M · S$1,753 psf |
Check the Floor Plan Finder for The Promenade@Pelikat →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at The Promenade@Pelikat?
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$2,004
694 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.
What has recently sold at The Promenade@Pelikat?
The Promenade@Pelikat has 240 recorded sales; the most recent transacted at S$1,050,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$1,050,000 | 893 | S$1,175 psf |
| Jun 2026 | S$1,228,000 | 926 | S$1,327 psf |
| Jun 2026 | S$1,268,000 | 947 | S$1,339 psf |
| May 2026 | S$1,388,800 | 1,216 | S$1,142 psf |
| Apr 2026 | S$700,000 | 452 | S$1,548 psf |
| Feb 2026 | S$1,070,000 | 915 | S$1,169 psf |
| Jun 2025 | S$1,188,000 | 969 | S$1,226 psf |
| Apr 2025 | S$1,100,000 | 926 | S$1,188 psf |
| Mar 2025 | S$791,688 | 517 | S$1,532 psf |
| Nov 2024 | S$710,000 | 452 | S$1,570 psf |
| Nov 2024 | S$768,000 | 484 | S$1,586 psf |
| Jul 2024 | S$750,000 | 484 | S$1,548 psf |
240 sales and 694 rentals on record since Apr 2012. Source: URA.
Are prices at The Promenade@Pelikat rising?
The median transacted PSF at The Promenade@Pelikat has fallen 9% over the past 9 years (2017–2026), from S$1,294 psf to S$1,175 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,175 psf | S$1.07M | 6 | -4.2% |
| 2025 | S$1,226 psf | S$1.10M | 3 | -19.7% |
| 2024 | S$1,526 psf | S$750k | 7 | +7.9% |
| 2023 | S$1,414 psf | S$700k | 14 | +2.2% |
| 2022 | S$1,383 psf | S$685k | 11 | +33.4% |
| 2021 | S$1,037 psf | S$965k | 11 | -14.6% |
| 2020 | S$1,214 psf | S$600k | 15 | +23.9% |
| 2019 | S$980 psf | S$950k | 6 | -20.2% |
| 2018 | S$1,228 psf | S$650k | 5 | -5.1% |
| 2017 | S$1,294 psf | S$618k | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is The Promenade@Pelikat a good investment?
Of 83 units at The Promenade@Pelikat that were bought and later resold (bought from 2012, resold up to 2026), 77% sold for more than they were bought for, with a median gain of 7% over a median 8.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Units listed now ask about 5% 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
77%
of 83 resales here
Median gain
7%
gross, before costs
Median hold
8.6 years
bought to resold
Every unit at The Promenade@Pelikat with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is The Promenade@Pelikat and what's nearby?
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.
How far is The Promenade@Pelikat from MRT and schools?
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
- Kovan MRT625 m · ~10 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
Who built The Promenade@Pelikat and how big is the development?
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)
What does it cost to own a unit at The Promenade@Pelikat?
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
How many property agents are active around The Promenade@Pelikat?
11,112 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
11,112
District 19 · closed ≥1 deal
Deals on record
72,395
all-time · all property types
Source: CEA public transaction records, attributed to District 19 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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.
PropKakiRecent units at The Promenade@Pelikat sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Promenade@Pelikat
Is The Promenade@Pelikat freehold?⌄
Yes. The Promenade@Pelikat is freehold, so ownership does not run out.
How old is The Promenade@Pelikat?⌄
The Promenade@Pelikat was completed (obtained TOP) in 2015, so it is about 11 years old.
Is The Promenade@Pelikat a good investment?⌄
Of 83 units at The Promenade@Pelikat that were bought and later resold (bought from 2012, resold up to 2026), 77% sold for more than they were bought for, with a median gain of 7% over a median 8.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is The Promenade@Pelikat an EC?⌄
No. The Promenade@Pelikat is a private apartment development, not an executive condominium (EC).
Who is the developer of The Promenade@Pelikat?⌄
The Promenade@Pelikat was developed by OXLEY VIBES PTE LTD.
What is the price of a condo at The Promenade@Pelikat?⌄
Units at The Promenade@Pelikat have recently sold for around S$1.05M (S$1,327 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 41 units are listed for sale from S$739k to S$5.69M.
Where is The Promenade@Pelikat located?⌄
The Promenade@Pelikat is at 183 Jalan Pelikat, Singapore 537643, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 625 m away.
How many units are there in The Promenade@Pelikat?⌄
The Promenade@Pelikat has 164 units in 1 block, up to 3 storeys high.
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.
Are prices at The Promenade@Pelikat going up?⌄
The median price per square foot at The Promenade@Pelikat has fallen about 9% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.