Singapore’s property market held steady in the second quarter of 2025, with prices continuing to rise modestly despite a noticeable drop in transaction volumes. Buyers appeared more selective, and developers launched fewer new projects during the quarter – partly due to school holidays and the lead-up to the general elections. Even so, the market wasn’t…
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The Singapore condo resale market has been experiencing a mid-year lull since May. With school holidays in full swing and new BTO launches, resale activity remained slow even in June 2025. Market fundamentals, on the whole, remained stable. With interest rates stabilising and inflation easing, buyer sentiment showed cautious optimism, supporting a relatively steady month-on-month…
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When Singapore National Day 2025 rolls around this August, you’re in for more than just red-and-white t-shirts and catchy patriotic tunes. This year is extra special – our nation is marking 60 years of independence! The big day falls on 9 August, and the Singapore National Day Parade 2025 (NDP 2025) is shaping up to…
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In a world where career paths often follow a predictable route, Lindy Lee stands out as a remarkable individual who carved her own. From a career in banking to becoming a trusted real estate advisor, her journey is defined by determination, adaptability, and a relentless pursuit of growth. This article explores Lindy’s entry into real…
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If you’ve ever navigated HDB flat applications as a single person in Singapore, you’re likely intimately familiar with the traditional process. For decades, the dream of owning a home, especially one near ageing parents, has felt like an exclusive club with a very specific entry requirement. But hold onto your hats, singles, because July 2025…
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Executive condominiums (ECs) are becoming increasingly rare, with fewer than 250 new launch units available across Singapore as of July 2025. Recent EC launches, such as Aurelle at Tampines and Novo Place in Tengah, are already fully sold out. The spotlight is now on Otto Place EC, which launched over the weekend and remains the…
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There’s a third option available in the public housing market - Sales of Balance Flats. We break down what exactly these flats are.
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Just last week, we covered a record-breaking sale of a newly MOP-ed flat in Clementi. But it looks like that wasn’t a one-off. Another project, this time in Punggol, is also seeing strong resale demand shortly after hitting its Minimum Occupation Period (MOP). In fact, this 3-room resale unit has just set a new all-time…
The post Punggol 3-Room flat fetches S$638K just after MOP – a near S$350K return appeared first on .
1. HDB July 2025 BTO and SBF sales launch Overview: Overall Launch: A total of 10,209 flats were launched for sale. This comprises 5,547 Build-To-Order (BTO) flats and 4,662 Sale of Balance Flats (SBF) units. BTO Exercise Details: 5,547 BTO flats are available across 8 projects. The projects are located in Bukit Merah, Bukit Panjang,…
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Allgreen Properties (Allgreen) is pleased to announce the preview of its latest luxurious residential development, Promenade Peak, on 17 July 2025, with the official launch scheduled for 2 August 2025. Promenade Peak is a 99-year leasehold development featuring 596 units in a 63-storey tower. Situated next to the Singapore River and Great World shopping mall, it offers commanding views of the skyline and convenient accessibility to Great World and Havelock MRT stations, both within a 4-minute walk. The development is also just minutes’ drive from Orchard Road and the Central Business District (CBD) and within walking distance to River Valley Primary School.
Promenade Peak offers a diverse range of unit types, from one-bedroom plus study to two-through five-bedroom units, ranging from 527 square feet (sq ft) for a one-bedroom plus study to 1,884 sq ft for a five-bedroom premium unit. Similar to Great World address at 1 Kim Seng Promenade, Promenade Peak will have the address 1 Zion Promenade. The same naming convention is adopted in Promenade Peak at 1 Zion Promenade which conveys exclusivity and reflects unique curved frontage along the water.
Promenade Peak is well-connected to major arterial roads and expressways such as the Central Expressway (CTE) and Ayer Rajah Expressway (AYE). It is a short five-minute drive to the Orchard Road shopping belt and CBD. The nearby Great World MRT station offers commuters easy access to Orchard, the CBD, and Marina Bay areas. Additionally, commuters can travel conveniently to the city via the Thomson-East Coast Line and to the eastern parts of Singapore via the East-West Line from Outram MRT station, just two stops away. A covered pedestrian linkway from the development which will provide sheltered access to both the Great World and Havelock MRT stations is being planned.
The vicinity boasts a plethora of dining options, with an abundance of good food and shopping conveniences at Great World Mall, Valley Point Shopping Centre, Tiong Bahru Plaza, as well as Robertson Quay and Clarke Quay. Additional F&B choices are available at Orchard Road and Dempsey Hill. Nature enthusiasts will appreciate nearby spots such as Fort Canning Park and the Botanic Gardens, both just minutes away by car.
Standing at 63 storeys, Promenade Peak is Singapore’s tallest prefabricated prefinished volumetric construction (PPVC) residential development. Soaring 240 metres above the iconic Singapore River, it offers stunning panoramic views including the sea and Sentosa Island to the south; Marina Bay and the CBD to the southeast; and Orchard Road and Bukit Timah Hill to the north.
The façade reflects the glistening surface of water, incorporating a texture that creates a fluid, pixelated effect. Its monolithic form is accentuated by vertical fins juxtaposed against an array of dissolving pixels as the structure ascends to the peak. Promenade Peak features three tiers of residences separated by sky gardens. The two lower tiers, known as the Promenade Collection, comprise 480 units spanning Levels 2 to 42. These units range from one-bedroom plus study to three-bedroom layouts, with sizes from 527 to 1,076 sq ft. Prices for units in the Promenade Collection will start from $2,680 psf.
The top tier, Promenade Suites, occupies Levels 44 to 62 and includes 114 units, featuring three-bedroom premium, four-bedroom premium, and five-bedroom premium layouts. Sizes range from 1,163 to 1,884 sq ft, and all units come with private lift access. Level 63 houses two exclusive penthouses, each spanning 4,144 sq ft. Prices for the three-bedroom premium units in Promenade Suites will start from $3.6 million, four-bedroom units from $4.4 million, and five-bedroom premium units from $6.2 million.
The Grand Promenade on Level 1 focuses on wellness and nature, enveloping residents in greenery and water features to enhance tranquility and well-being. Facilities include a 50-metre lap pool, hydrospa pool, BBQ pavilions, children’s indoor play area, and a pickleball court. Residents can also enjoy serene walks along the Tree Top Walk and Tree Top Pavilion trails.
The development incorporates environmentally sustainable features, such as low volatile organic compounds (VOC) paint, energy-efficient appliances, and electric vehicle charging stations. These efforts earned Promenade Peak the BCA Green Mark Platinum Super Low Energy award.
Every unit is thoughtfully designed with premium finishes to complement the refined façade. Kitchens come fully equipped with luxury appliances from Miele, while bathrooms feature premium sanitary wares and fittings from Laufen and Gessi. Ernesto Meda lifestyle bars are included in all Promenade Suites units.
The one-bedroom plus study, two-bedroom and two-bedroom plus study units feature an invisible induction cooker hob seamlessly integrated into the Inalco countertop, revolutionising the cooking experience.
Promenade Peak also offers smart home provisions such as smart door locks, smart air-conditioning controls, and smart smoke detectors all remotely controllable via an app. The smart home hub allows flexibility to connect additional smart devices tailored to individual lifestyles.
Allgreen has a well-established presence in the area. Its first residential project was the 288-unit Yong An Park on River Valley Road, completed in 1986, followed by the 292-unit Regency Park on Nathan Road in 1987, and the 264-unit Tiara completed in 2015.
The company’s flagship mixed-use property, Great World (formerly Great World City), was completed in 1997 and underwent a $50 million revamp completed in 2020. Through this long presence, Allgreen has developed a deep understanding of the area, aiming to better serve both shoppers and residents.