Peak Residence
Located in District 11 (Watten Estate, Novena, Thomson), Peak Residence is a freehold condominium in the Core Central Region (CCR). Completed in 2021, the development comprises 90 units. Sale and rental figures on this page are compiled from URA transaction records.
PEAK RESIDENCE
Over the 12 months to Jun 2023, Peak Residence recorded 18 rental contracts at a median $4,200/mo. Source: URA caveat data, as of Jun 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-23 | $3,780,000 | $2,722 psf | 1,389 sqft | 01 to 05 | 4BR |
| Jun-23 | $3,562,700 | $2,566 psf | 1,389 sqft | 01 to 05 | 4BR |
| May-23 | $3,540,700 | $2,550 psf | 1,389 sqft | 01 to 05 | 4BR |
| May-23 | $2,078,505 | $2,508 psf | 829 sqft | 01 to 05 | 2BR |
| May-23 | $2,883,000 | $2,705 psf | 1,066 sqft | 01 to 05 | 3BR |
| May-23 | $3,620,000 | $2,607 psf | 1,389 sqft | 01 to 05 | 4BR |
| May-23 | $2,547,800 | $2,391 psf | 1,066 sqft | 01 to 05 | 3BR |
| May-23 | $1,895,300 | $2,379 psf | 797 sqft | 01 to 05 | 2BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.