Promenade Peak
Promenade Peak is a 99-year lease (97 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 430 recorded private transactions. Latest sale: $2,348,500 (Aug 2026, 74 sqm, floors 11-15). Median $2,943/sqft. 97 years lease remaining.
Where Promenade Peak ranks in District 03
All 35 projects ›Median psf over time
Estimate a unit at Promenade Peak
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.13% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $2,749 | 40 |
| 06-10 | $2,798 | 57 |
| 11-15 | $2,842 | 51 |
| 16-20 | $2,894 | 49 |
| 21-25 | $2,943 | 34 |
| 26-30 | $2,987 | 41 |
| 31-35 | $3,047 | 31 |
| 36-40 | $3,087 | 37 |
| 41-45 | $3,131 | 26 |
| 46-50 | $3,271 | 20 |
| 51-55 | $3,336 | 20 |
| 56-60 | $3,443 | 20 |
| 61-65 | $3,502 | 4 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Aug 2026 | 11-15 | New Sale | 74 sqm | $2,348,500 | $2,948 |
| Jul 2026 | 56-60 | New Sale | 132 sqm | $5,068,200 | $3,567 |
| Jul 2026 | 56-60 | New Sale | 175 sqm | $6,600,000 | $3,504 |
| Jul 2026 | 56-60 | New Sale | 175 sqm | $6,600,000 | $3,504 |
| Jul 2026 | 01-05 | New Sale | 49 sqm | $1,467,700 | $2,783 |
| Jun 2026 | 16-20 | New Sale | 71 sqm | $2,317,600 | $3,033 |
| Jun 2026 | 11-15 | New Sale | 62 sqm | $1,833,877 | $2,748 |
| Jun 2026 | 46-50 | New Sale | 132 sqm | $4,852,000 | $3,415 |
| Jun 2026 | 26-30 | New Sale | 49 sqm | $1,603,700 | $3,041 |
| May 2026 | 56-60 | New Sale | 108 sqm | $3,996,300 | $3,438 |
| Apr 2026 | 46-50 | New Sale | 147 sqm | $5,261,700 | $3,325 |
| Apr 2026 | 16-20 | New Sale | 73 sqm | $2,384,400 | $3,034 |
| Apr 2026 | 56-60 | New Sale | 108 sqm | $3,980,700 | $3,424 |
| Apr 2026 | 11-15 | New Sale | 73 sqm | $2,308,000 | $2,937 |
| Apr 2026 | 41-45 | New Sale | 96 sqm | $3,098,062 | $2,998 |
| Mar 2026 | 51-55 | New Sale | 175 sqm | $6,413,100 | $3,405 |
| Mar 2026 | 36-40 | New Sale | 64 sqm | $2,124,600 | $3,084 |
| Mar 2026 | 46-50 | New Sale | 111 sqm | $3,819,270 | $3,197 |
| Mar 2026 | 11-15 | New Sale | 71 sqm | $2,233,400 | $2,922 |
| Mar 2026 | 31-35 | New Sale | 63 sqm | $2,091,400 | $3,084 |
| Mar 2026 | 36-40 | New Sale | 63 sqm | $2,096,900 | $3,092 |
| Mar 2026 | 36-40 | New Sale | 62 sqm | $2,066,300 | $3,096 |
| Mar 2026 | 36-40 | New Sale | 96 sqm | $3,192,200 | $3,089 |
| Mar 2026 | 26-30 | New Sale | 64 sqm | $2,036,500 | $2,956 |
| Mar 2026 | 01-05 | New Sale | 71 sqm | $2,148,100 | $2,811 |
Promenade Peak is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Private condos and apartments closest to Promenade Peak, with their median resale psf. Useful for comparing what Promenade Peak costs per square foot against nearby developments.
About Promenade Peak
Promenade Peak is among the pricier projects in District 03 (Tiong Bahru / Alexandra / Queenstown), with a median of $2,943 psf that runs above about 97% of developments there. It has a busy transaction history, with 430 sales between 2025-08 and 2026-08, ranging from $1,413,067 to $6,658,100. The most recent transaction was a 74 sqm unit (floors 11-15) at $2,348,500 in Aug 2026, and the median is $2,943 psf. Higher floors carry a premium, with the 61-65 band about 27% per square foot above the 01-05 band. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 97 years remaining is 0.9645, an annual lease decay of about 0.13%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Promenade Peak cost?
The most recent transaction at Promenade Peak was $2,348,500 for a 74 sqm unit in 2026-08. The median price is $2,943 per square foot across 430 transactions, ranging from $1,413,067 to $6,658,100. Data sourced from URA.
Is Promenade Peak freehold or leasehold?
Promenade Peak is on a 99-year lease commencing in 2024, with approximately 97 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.13%.
What is the price per square foot (psf) at Promenade Peak?
The median price at Promenade Peak is $2,943 psf, with transactions ranging from $2,679 to $3,567 psf. This is based on 430 URA-recorded transactions in District 03.