Promenade Peak

D3 (CCR) 99 yrs lease commencing from 2024

Promenade Peak is a 99-year leasehold condominium located in District 3 (Tiong Bahru, Queenstown), part of the Rest of Central Region (RCR). The development was completed in 2025 and comprises 596 units, on a lease that commenced in 2024. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
6.3
ShiokNest Score
Good
Total Units596
TOP Year2025

PROMENADE PEAK

Total Units596
TOP Year2025
DeveloperValerian Residential Pte Ltd
Tenure99 yrs lease commencing from 2024
DistrictD3 · CCR
Median PSF · 12m$2,942 psf
Median price · 12m$2,088,250

Over the 12 months to Jul 2026, Promenade Peak recorded 428 resale transactions at a median $2,942 psf (median price $2,088,250). Source: URA caveat data, as of Jul 2026.

Promenade Peak's median of $2,942 psf over the trailing 12 months places its pricing above roughly 93% of District 3 condos; resale liquidity has been active with 428 caveats lodged. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.

Recent transactions
Date Price PSF Size (sqft) Floor Type
Jul-26 $1,467,700 $2,783 psf 527 sqft 01 to 05 1BR
Jul-26 $6,600,000 $3,504 psf 1,884 sqft 56 to 60 4BR
Jul-26 $6,600,000 $3,504 psf 1,884 sqft 56 to 60 4BR
Jun-26 $1,603,700 $3,041 psf 527 sqft 26 to 30 1BR
Jun-26 $1,833,877 $2,748 psf 667 sqft 11 to 15 1BR
Jun-26 $2,317,600 $3,033 psf 764 sqft 16 to 20 2BR
Jun-26 $4,852,000 $3,415 psf 1,421 sqft 46 to 50 4BR
May-26 $3,996,300 $3,438 psf 1,163 sqft 56 to 60 3BR

Can I afford Promenade Peak?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,088,250.

6.3
ShiokNest Score

En-Bloc Potential

23/100

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.

Neighbourhood Score

100/100

Investment Score

52/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals