PROMENADE PEAK
UrbanLens Analysis
At $2,931 PSF, PROMENADE PEAK prices 34% above the District 03 median. Compare that to ZYON GRAND at $3,046 PSF -- a 4% premium that buyers need to justify. Being 3 minutes on foot from Great World MRT (277m) adds genuine convenience and supports the pricing.
Prices have essentially flatlined over two years (+0.0%), suggesting a market in equilibrium. 393 transactions over two years gives deep liquidity and reliable pricing signals. For context, AVENUE SOUTH RESIDENCE has lost 2.8% over the same period.
With ~97 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
At 596 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| ZYON GRAND | $3,046 | — | 0.0% |
| PENRITH | $2,793 | — | 0.0% |
| STIRLING RESIDENCES | $2,359 | 3.6% | +5.5% |
| AVENUE SOUTH RESIDENCE | $2,282 | 3.4% | -2.8% |
| PRINCIPAL GARDEN | $2,163 | 3.5% | +8.1% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.