The Promont
The Promont is a freehold condominium in District 9 (Orchard, Cairnhill, River Valley), within Singapore's Core Central Region (CCR). The development was completed in 2010 and comprises 15 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
THE PROMONT
Over the 12 months to Aug 2024, The Promont recorded 7 rental contracts at a median $10,000/mo. Source: URA caveat data, as of Aug 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-24 | $4,500,000 | $2,166 psf | 2,077 sqft | 16 to 20 | 5BR |
| Apr-22 | $4,350,000 | $2,161 psf | 2,013 sqft | 11 to 15 | 5BR |
| Jun-21 | $4,300,000 | $2,136 psf | 2,013 sqft | 06 to 10 | 5BR |
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.