The Promenade@pelikat
The Promenade@Pelikat is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). Completed in 2016, the development comprises 164 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
THE PROMENADE@PELIKAT
Over the 12 months to Jun 2026, The Promenade@pelikat recorded 6 resale transactions at a median $1,251 psf (median price $1,149,000), and 54 rental contracts at a median $2,600/mo, a gross rental yield of 2.7%. Source: URA caveat data, as of Jun 2026.
The Promenade@pelikat's median of $1,251 psf over the trailing 12 months places its pricing below roughly 59% of District 19 condos; resale liquidity has been moderate with 6 caveats lodged; the 2.7% gross rental yield sits below the ~3% private-market benchmark. 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.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $1,228,000 | $1,327 psf | 926 sqft | 01 to 05 | 2BR |
| Jun-26 | $1,050,000 | $1,175 psf | 893 sqft | 01 to 05 | 2BR |
| Jun-26 | $1,268,000 | $1,339 psf | 947 sqft | 01 to 05 | 2BR |
| May-26 | $1,388,800 | $1,142 psf | 1,216 sqft | 01 to 05 | 3BR |
| Apr-26 | $700,000 | $1,548 psf | 452 sqft | 01 to 05 | Studio |
| Feb-26 | $1,070,000 | $1,169 psf | 915 sqft | 01 to 05 | 2BR |
| Jun-25 | $1,188,000 | $1,226 psf | 969 sqft | 01 to 05 | 3BR |
| Apr-25 | $1,100,000 | $1,188 psf | 926 sqft | 01 to 05 | 2BR |
Can I afford The Promenade@pelikat?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,149,000.
En-Bloc Potential
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.