Promises Gardens
Condominium · in Bukit Timah, District 10, Singapore · Freehold
Intro: Promises Gardens offers a low-density, freehold living experience in the quiet Bukit Timah enclave, featuring a small collection of 48 units that prioritize privacy 🌳.
Good to know: Completed in 1992, this boutique development consists of just 48 units in a low-rise 4-storey setting 🏡; Located in District 10, it sits within a peaceful residential pocket near Jalan Lim Tai See 📍.
Practical note: With the nearest MRT station over a kilometer away, this address is better suited for those who prefer driving or using ride-hailing services for daily commuting 🚗.
Promises Gardens project details
Promises Gardens price, PSF and transaction trends
Promises Gardens transaction volume
Among the latest 12 recorded sales for Promises Gardens, the median price was S$752,500 and the median PSF was S$634 psf. The newest record shown is from 3 October 2007. The annual project median was 12.9% higher in 2007 than in 1998; unit mix can affect year-to-year comparisons.
Recent Promises Gardens transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 3 October 2007 | Resale | S$71,200,000 | S$1,371 psf | 51,947 sqft |
| 4 May 2007 | Resale | S$850,000 | S$681 psf | 1,249 sqft |
| 26 March 2007 | Resale | S$500,000 | S$619 psf | 807 sqft |
| 22 August 2006 | Resale | S$720,000 | S$587 psf | 1,227 sqft |
| 24 April 2006 | Resale | S$710,000 | S$541 psf | 1,313 sqft |
Promises Gardens median transaction PSF (S$)
Promises Gardens annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2007 | S$850,000 | S$681 psf | 3 |
| 2006 | S$715,000 | S$564 psf | 2 |
| 2005 | S$710,000 | S$569 psf | 1 |
| 2003 | S$752,500 | S$592 psf | 2 |
| 2001 | S$810,000 | S$649 psf | 1 |
| 2000 | S$660,000 | S$818 psf | 1 |
| 1999 | S$905,000 | S$716 psf | 11 |
| 1998 | S$655,000 | S$603 psf | 6 |
Promises Gardens annualized profit %
Promises Gardens rental prices and estimated yield
Among the latest 12 recorded rental contracts for Promises Gardens, the median monthly rent was S$2,000, with records ranging from S$1,750 to S$2,700.
Recent Promises Gardens rental contracts
| Lease date | Bedrooms | Monthly rent | Est. PSF | Area |
|---|---|---|---|---|
| 1 July 2009 | — | S$1,900 | S$2 psf | 1100-1200 |
| 1 June 2009 | — | S$1,900 | S$2 psf | 1100-1200 |
| 1 June 2009 | — | S$2,000 | S$2 psf | 1100-1200 |
| 1 May 2009 | — | S$2,000 | S$2 psf | 1100-1200 |
| 1 April 2009 | — | S$2,000 | S$3 psf | 700-800 |
Promises Gardens rental volume
Frequently asked questions about Promises Gardens
How much do units at Promises Gardens cost?
The latest 12 recorded sales show a median price of S$752,500 and a median of S$634 psf. Actual prices vary by floor, size, facing, condition and sale date.
What are the rental price and estimated yield at Promises Gardens?
The latest recorded median monthly rent is S$2,000. Rental yield is indicative and can vary by unit and costs.
Is Promises Gardens freehold or leasehold?
Promises Gardens has a tenure of Freehold.
Data sources and methodology
Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 July 2009. Figures are indicative and do not constitute financial advice.
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