Promenade Peak
Promenade Peak is a 99-year lease (97 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 424 recorded private transactions. Latest sale: $1,603,700 (Jun 2026, 49 sqm, floors 26-30). Median $2,942/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 | 39 |
| 06-10 | $2,798 | 57 |
| 11-15 | $2,841 | 50 |
| 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 | $3,266 | 19 |
| 51-55 | $3,336 | 20 |
| 56-60 | $3,438 | 17 |
| 61-65 | $3,502 | 4 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jun 2026 | 26-30 | New Sale | 49 sqm | $1,603,700 | $3,041 |
| 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 |
| May 2026 | 56-60 | New Sale | 108 sqm | $3,996,300 | $3,438 |
| Apr 2026 | 41-45 | New Sale | 96 sqm | $3,098,062 | $2,998 |
| 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 |
| Mar 2026 | 31-35 | New Sale | 71 sqm | $2,375,300 | $3,108 |
| 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 |
| Mar 2026 | 06-10 | New Sale | 49 sqm | $1,455,000 | $2,759 |
| Mar 2026 | 06-10 | New Sale | 74 sqm | $2,239,200 | $2,811 |
| Mar 2026 | 41-45 | New Sale | 62 sqm | $2,102,800 | $3,151 |
| Mar 2026 | 56-60 | New Sale | 111 sqm | $4,117,900 | $3,447 |
| Mar 2026 | 36-40 | New Sale | 74 sqm | $2,476,200 | $3,109 |
| Mar 2026 | 56-60 | New Sale | 108 sqm | $3,948,600 | $3,397 |
| Mar 2026 | 36-40 | New Sale | 96 sqm | $3,228,000 | $3,124 |
| 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 |
About Promenade Peak
Promenade Peak is a 99-year leasehold development with its lease commencing in 2024 and about 97 years remaining in District 03 (Tiong Bahru / Alexandra / Queenstown), within the Rest of Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 424 recorded transactions between 2025-08 and 2026-06, ranging from $1,413,067 to $6,658,100. The most recent transaction was a 49 sqm unit (floors 26-30) sold for $1,603,700 in 2026-06, and the median price is $2,942 per square foot. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold 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 $1,603,700 for a 49 sqm unit in 2026-06. The median price is $2,942 per square foot across 424 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 $2,942 psf, with transactions ranging from $2,679 to $3,535 psf. This is based on 424 URA-recorded transactions in District 03.