Promenade Peak
Zion Promenade · Condominium · 99 yrs lease commencing from 2024
Who lives in Bukit Merah
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
The launch, by the record
developer sales + new-sale caveats · URA - the numbers a brochure won’t print
Strata areas here follow the post-June-2023 GFA harmonisation (AC ledges, void spaces excluded), so this project’s PSF runs a few percent “higher” against older stock measured the old way. A like-for-like PSF comparison to pre-2023 resales isn’t apples-to-apples.
What the record shows
Buyers who bought from the developer in 2025 paid an average of $2,975 psf (344 sales). At today’s $2,984 psf, they are up 0% on paper.
Over the last 3 years, units on the 10th floor and above transacted at a median $3,006 psf - 10% above units on floors 1–5 ($2,742 psf).
Price trend average PSF by year
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $6,600,000 | 1,884 | $3,504 | 56-60 |
| Jul 2026 | $1,467,700 | 527 | $2,783 | 01-05 |
| Jun 2026 | $4,852,000 | 1,421 | $3,415 | 46-50 |
| Jun 2026 | $2,317,600 | 764 | $3,033 | 16-20 |
| Jun 2026 | $1,833,877 | 667 | $2,748 | 11-15 |
| Jun 2026 | $1,603,700 | 527 | $3,041 | 26-30 |
| May 2026 | $3,996,300 | 1,163 | $3,438 | 56-60 |
| Apr 2026 | $5,261,700 | 1,582 | $3,325 | 46-50 |
| Apr 2026 | $3,980,700 | 1,163 | $3,424 | 56-60 |
| Apr 2026 | $3,098,062 | 1,033 | $2,998 | 41-45 |
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around Promenade Peak actually sell for - this project trades at 3.8× the nearest block’s PSF.