Projects
THE PROMENADE@PELIKAT
D19 / Serangoon Garden, Hougang, Punggol
Address 183 JALAN PELIKAT THE PROMENADE@PELIKAT SINGAPORE 537643
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Apartment, Non-Landed Properties 316 transactions Freehold Updated Feb 2026
Property image pending
Project read
Quick summary about THE PROMENADE@PELIKAT
The Promenade@Pelikat is a freehold apartment, non-landed properties in D19 / Serangoon Garden, Hougang, Punggol. The Promenade@Pelikat currently has 270 rental contracts and 46 sale transactions, covering May 2021 to Feb 2026.
- Typical rent is $2,525 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $779,844, with median sale PSF at $1,344 psf and total recorded sale value of $40.9M.
- Rent is down 10.3% over the last 3 months. Sale PSF is down 23.3% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sale records 46 resale transactions
Total sold value $40.9M
Data coverage
URA records on this page start May 2021 and run through Feb 2026.
Rental contracts 270 May 2021 to Feb 2026
Sale transactions 46 May 2021 to Jan 2026
Rent trend -10.3% Last 3 months
Sale PSF trend -23.3% Last 3 months
Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
KOVAN MRT STATION (NE13) 0.62 km away
KOVAN MRT STATION 0.63 km away
DEFU MRT STATION (CR07) 1.4 km away
Schools nearby
YUYING SECONDARY SCHOOL 0.33 km away
XINGHUA PRIMARY SCHOOL 0.41 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.5 km away
PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY) 0.57 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 2.66 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.21 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.27 km away
CI YUAN HAWKER CENTRE Food centre · 2.3 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,025 82 rental contracts in view
Latest median sale PSF $1,169 psf 6 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Feb 2026 4 $3,025 0 - -
Jan 2026 7 $2,600 1 $1,169 psf $1,070,000
Dec 2025 2 $2,300 0 - -
Nov 2025 4 $2,800 0 - -
Oct 2025 1 $2,900 0 - -
Sept 2025 2 $3,625 0 - -
Aug 2025 7 $2,500 0 - -
Jul 2025 5 $2,350 0 - -
Jun 2025 9 $2,900 0 - -
May 2025 5 $2,500 1 $1,226 psf $1,188,000
Apr 2025 3 $2,600 0 - -
Mar 2025 3 $2,500 1 $1,188 psf $1,100,000
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
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- Median rent
- $2,600
- Median sale PSF
- $1,354 psf
- Median rent
- $3,000
- Median sale PSF
- $1,385 psf
- Median rent
- $2,700
- Median sale PSF
- $1,457 psf
- Median rent
- $2,800
- Median sale PSF
- $1,410 psf
- Median rent
- $2,400
- Median sale PSF
- $1,421 psf
- Median rent
- $2,550
- Median sale PSF
- $1,394 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,400 $2,332 170
2 bed $3,200 $3,059 86
3 bed $3,500 $3,277 11
4 bed $5,200 $4,733 3
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $2,400 $2,321 158
500 to 600 sqft $2,350 $2,475 12
600 to 700 sqft $3,000 $3,043 7
800 to 900 sqft $3,050 $3,064 20
900 to 1,000 sqft $3,200 $3,035 56
1,000 to 1,100 sqft $3,450 $3,267 6
1,200 to 1,300 sqft $3,600 $3,815 10
1,300 to 1,400 sqft $3,000 $3,000 1
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $779,844 $1,344 psf 46
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
THE PROMENADE@PELIKAT shows a typical monthly rent of $2,525 across 270 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $2,525
Rental contracts 270
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at THE PROMENADE@PELIKAT point to a typical sale price of $779,844 and $1,344 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $779,844
Median PSF $1,344 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. THE PROMENADE@PELIKAT has 46 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $40.9M
Latest update Feb 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D19 to compare THE PROMENADE@PELIKAT against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
THE PROMENADE@PELIKAT FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at THE PROMENADE@PELIKAT?
Based on the URA rental records currently loaded for THE PROMENADE@PELIKAT, the median monthly rent is $2,525 across 270 rental contracts.
What is the typical sale price at THE PROMENADE@PELIKAT?
The median sale price for THE PROMENADE@PELIKAT is $779,844, based on 46 URA sale transactions in the local dataset.
What is the median sale PSF at THE PROMENADE@PELIKAT?
The median sale price per square foot for THE PROMENADE@PELIKAT is $1,344 psf. The average sale PSF is $1,318 psf.
Is THE PROMENADE@PELIKAT freehold or leasehold?
THE PROMENADE@PELIKAT is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is THE PROMENADE@PELIKAT located?
THE PROMENADE@PELIKAT is located at 183 JALAN PELIKAT THE PROMENADE@PELIKAT SINGAPORE 537643 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the THE PROMENADE@PELIKAT transaction data?
The URA records on this page start from May 2021 and run through Feb 2026. The page is rebuilt after local data refresh runs.