The River Valley area is set to heat up with two more new condo launches, River Green and Promenade Peak, which start previewing on July 17. These are the first projects emerging from a cluster of four Government Land Sale (GLS) sites in the vicinity, signalling a fresh wave of interest in the area.
With prices starting from S$1.2 million, the two new launch developments are located less than a kilometre from each other. River Green and Promenade Peak will start booking sales on August 2.
Table of contents
- River Green: Prime District 9 living with competitive entry pricing
- Promenade Peak: Luxury living in the RCR, with a River Valley address
- Nearby lifestyle and amenities
- River Green vs. Promenade Peak: Which should you choose?
- Competitive landscape in River Valley
River Green: Prime District 9 living with competitive entry pricing
Developed by Wing Tai Holdings, River Green offers a rare opportunity to secure a District 9 address at pricing that’s positioned to compete with recent city-fringe launches. Located just steps from Great World MRT station, with a direct link to the station itself, this new launch in River Valley combines unmatched convenience with city-centre proximity.
The 99-year leasehold River Green features 524 units in a 36-storey tower. The unit mix is investor-friendly with 105 1-bedders and 280 2-bedders, while 104 3-bedders and 35 4-bedders cater to those who want larger living spaces. However, none exceed 1,000 sqft.
This is a unique selling point of the project; River Green is a highly efficient offering in the Core Central Region (CCR) segment, where compact layouts are favoured due to their naturally more affordable pricing.
Unit sizes and pricing at River Green
- 1-bedroom (420 sqft) – from S$1.2 million
- 2-bedroom (527 to 657 sqft) – from S$1.5 million
- 3-bedroom (786 to 883 sqft) – from S$2.25 million
- 4-bedroom (980 sqft) – from S$2.8 million
From an investment angle, River Green’s starting price of S$2,846 psf places it below some recent CCR benchmarks. The 99-year leasehold UpperHouse at Orchard recently launched over the weekend at S$3,350 psf. Union Square Residences, which launched in November last year along with five other projects, was also priced well above at S$3,200.
In fact, 1-bedders at River Green are priced similarly to The Orie in Toa Payoh. Despite being in the Rest of Central Region (RCR), The Orie was launched in January with its smallest units priced from S$1.28 million. River Green, with its prime address in the CCR and relatively affordable pricetag, is positioned to appeal to both investors and homeowners seeking early-phase pricing.
Beyond direct MRT connectivity to the Thomson-East Coast Line (TEL), River Green’s location offers a strong lifestyle advantage. Residents can take a 5-minute walk to Great World City mall, with its mix of supermarkets, restaurants, and cinemas.
On top of that, River Green is also BCA Green Mark Platinum (Super Low Energy) certified, a testament to its sustainable building standards. Other than the comprehensive condo facilities, River Green features 150 bicycle lots, 20 EV charging lots, and 40 EV-ready lots, as well as solar energy powering at least 30% of common areas.
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Promenade Peak: Luxury living in the RCR, with a River Valley address
Just across the Singapore River, Promenade Peak by Allgreen Properties is set to make a bold statement. Though technically part of District 3 and classified under the RCR, its River Valley proximity offers the same lifestyle benefits as its District 9 counterparts — but at slightly lower prices, making it an attractive choice for value-seeking buyers.
The 99-year leasehold development will feature 596 units in a 63-storey tower, making it the world’s tallest residential building constructed using prefabricated, prefinished volumetric construction (PPVC) technology. Promenade Peak will also feature Singapore’s highest infinity pool, designed to provide panoramic views of the city skyline, among other facilities.
This new launch offers 80 1-bedroom units sized at 527 sqft; 320 2-bedroom units sized between 657 and 797 sqft; 118 3-bedroom units sized between 1,033 and 1,195 sqft; 57 4-bedroom units sized between 1,421 and 1,582 sqft; and 19 5-bedroom units spanning 1,884 sqft each. On top of everything, there are also two 4,144 sqft penthouses on the 63rd floor.
Indicative pricing at Promenade Peak
- 1-bedroom – from S$1.4 million (~S$2,680 psf)
- 2-bedroom – from S$1.8 million (~S$2,680 psf)
- 3-bedroom – from S$2.9 million (~S$2,750 psf)
- 3-bedroom premium – from S$3.6 million (~S$3,150 psf)
- 4-bedroom – from S$4.4 million (~S$3,150 psf)
- 5-bedroom – from S$6.2 million (~S$3,300 psf)
- Penthouses – pricing available upon request
Compared to River Green, the smallest layout at Promenade Peak offers more space. At 527 sqft, the 1-bedroom unit is cheaper in terms of psf price despite its S$1.4 million price tag. Against the broader RCR market, 1-bedder new launch units have been transacting at an average of S$2,755 psf recently. Despite its proximity to the River Valley area, Promenade Peak is priced below that benchmark at around S$2,680 psf.
Riviere on Jiak Kim Street in District 3 is the closest comparable new development to Promenade Peak. The 455-unit, 99-year leasehold project was completed in 2023 and is now fully sold. From January to July 2025, resale prices have ranged from S$2,848 to S$3,056 psf, with an average of S$2,927 psf.
Promenade Peak offers city living with immediate access to Havelock MRT, approximately a 2-minute walk away. Havelock is only one stop from Outram Park Interchange Station. Residents can easily access the East-West Line (EWL) and North-East Line (NEL) from there.
Nearby lifestyle and amenities
Both River Green and Promenade Peak benefit from their location in one of Singapore’s most vibrant and well-connected districts. The nearby Robertson Quay and Clarke Quay are known for their riverside dining, wine bars, and cafes, offering a laid-back lifestyle close to the CBD.
Great World City provides daily conveniences, from Cold Storage supermarkets to dining options like Din Tai Fung and Crystal Jade. For more shopping and entertainment, Orchard Road is just a 5-minute drive, while Fort Canning Park and the Singapore River promenade offer green spaces for recreation.
Public transport is definitely one of the main strengths: River Green’s direct link to Great World MRT and Promenade Peak’s proximity to Havelock MRT ensure seamless travel to Orchard, Marina Bay, and East Coast. For drivers, major expressways like the CTE and AYE are easily accessible.
Most importantly, both new launches are within a 1km radius of River Valley Primary School. River Green, in particular, offers the ultimate convenience of a fully sheltered walkway to the school. For families, access to primary schools within the 1km priority zone is often a major consideration when choosing a home.
On top of that, homes within popular school catchments such as River Green and Promenade Peak remain desirable long-term. This location will play in favour of future capital appreciation and rental demand.
River Green vs. Promenade Peak: Which should you choose?
While both projects share the River Valley lifestyle and convenient access to MRT stations, they appeal to slightly different buyer segments.
River Green is the natural choice for those seeking District 9 prestige, direct MRT connectivity, and slightly more compact layouts that emphasise functionality. Its pricing, starting from S$1.2 million for a 1-bedder, is attractive for both investors and singles who want a prime CCR address without overspending. Its smaller unit sizes also make it easier to rent out to young professionals working in the CBD or Orchard area.
Promenade Peak, by contrast, offers larger units, landmark architecture, and an RCR price advantage. Starting from S$1.4 million for a 527 sqft 1-bedroom, its psf pricing is slightly lower. The project features luxury elements such as Singapore’s highest infinity pool and spacious layouts suited for families or affluent upgraders. The project’s RCR classification means buyers get central convenience with a better price quantum compared to many CCR launches nearby.
If your focus is prestige and centrality, River Green is the obvious pick. If you value size, luxury, and slightly lower price points, Promenade Peak might be the better fit.
Competitive landscape in River Valley
River Green and Promenade Peak are launching into a crowded River Valley market. A total of 2,175 new units from four launches is expected in the second half of 2025. The 348-unit Robertson Opus, with a rare 999-year tenure, has just recently launched at an average price of S$3,360 psf.
Located right next to Promenade Peak, Zyon Grand is slated for launch in Q4 2025. It’s a mixed-use project by City Developments Ltd (CDL) and Mitsui Fudosan, which will feature 706 condo units, a 36-storey serviced apartment block, and a retail podium connected directly to Havelock MRT.
Moreover, GuocoLand is preparing its own River Valley Green development. Together, these projects — along with a fifth GLS site that may be activated — could bring over 3,000 new homes to the area.
With several major launches entering the market, developers are likely to adopt competitive pricing to stand out. This gives homebuyers more room to compare and evaluate their options. Still, acting early can be an advantage. As the River Valley area continues to transform with new developments, securing a unit at launch-phase pricing could offer better value before prices adjust upward.
As of July 2025, private property prices in River Valley average around S$2,629 psf, a jump of over 7% from 2024’s S$2,455 psf. This pace of growth outperforms the broader Singapore private property market, which has seen an increase of about 5% over the same period.
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