The PROMENADE@PELIKAT

Apartment · in Hougang, District 19, Singapore · Freehold · Completed 2015

Data through 1 July 2026

Intro: The Promenade@Pelikat is a vibrant mixed-use development in Hougang that blends residential living with a variety of specialty boutiques and casual dining options right at your doorstep 🛍️.
Good to know: Freehold status with a diverse mix of 1 to 4-bedroom units 🏠; Located within 1km of schools like Xinghua Primary and Paya Lebar Methodist Girls' School 🏫.
Practical note: As a low-rise 164-unit development, residents enjoy a more intimate scale, though you will need to account for a walk of about 12 minutes to reach Kovan MRT station 🚆.

D19OCRNorth EastHougang

REALSCOREⓘ

Profitability rank across Singapore

2.6

Annual Returns

Avg annualized profit (past 1y)

2.2%

< 1km

MRT Station

Near

$1M+ HDB

Mega

Development

< 10y

Property Age

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

The PROMENADE@PELIKAT project details

Street

Jalan Pelikat

Property Type

Apartment

Completion

2015

Total Units

164

Unit Size

409 - 1,625 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near The PROMENADE@PELIKAT

Kovan590 m MRTNE13

See details on nearby stations

Primary schools near The PROMENADE@PELIKAT

Xinghua Primary School431 m
Paya Lebar Methodist Girls' School (Primary)674 m

See details on nearby schools

The PROMENADE@PELIKAT price, PSF and transaction trends

54%

HDB Buyers

$195.6M+

Total Transacted

20-04-2012

First Transacted

16-06-2026

Last Transacted

240

Total Transactions

The PROMENADE@PELIKAT transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for The PROMENADE@PELIKAT, the median price was S$1,060,000 and the median PSF was S$1,333 psf. The newest record shown is from 16 June 2026. The annual project median was 27.0% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent The PROMENADE@PELIKAT transactions

Date	Sale type	Price	PSF	Size
16 June 2026	Resale	S$1,050,000	S$1,175 psf	893 sqft
15 June 2026	Resale	S$1,228,000	S$1,327 psf	926 sqft
8 June 2026	Resale	S$1,268,000	S$1,339 psf	947 sqft
8 May 2026	Resale	S$1,388,800	S$1,142 psf	1,216 sqft
20 April 2026	Resale	S$700,000	S$1,548 psf	452 sqft

The PROMENADE@PELIKAT median transaction PSF (S$)

The PROMENADE@PELIKAT annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,149,000	S$1,251 psf	6
2025	S$1,100,000	S$1,226 psf	3
2024	S$750,000	S$1,526 psf	7
2023	S$700,000	S$1,428 psf	14
2022	S$685,000	S$1,383 psf	11
2021	S$965,000	S$1,037 psf	11
2020	S$600,000	S$1,214 psf	15
2019	S$959,944	S$985 psf	6

77.1%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.5 yrs

Avg Holding

$5.6M

Total Profits

The PROMENADE@PELIKAT annualized profit %

View full details

The PROMENADE@PELIKAT rental prices and estimated yield

Past 1 month

$4.81

Avg PSF Rental

No. of Rentals

4.5%

Est. Rental Yield

Among the latest 12 recorded rental contracts for The PROMENADE@PELIKAT, the median monthly rent was S$3,000, with records ranging from S$2,500 to S$3,600.

Recent The PROMENADE@PELIKAT rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	2 BR	S$3,600	S$4 psf	900-1000
1 July 2026	1 BR	S$2,600	S$6 psf	400-500
1 July 2026	2 BR	S$2,900	S$3 psf	900-1000
1 July 2026	2 BR	S$3,400	S$4 psf	900-1000
1 July 2026	1 BR	S$2,600	S$5 psf	500-600

The PROMENADE@PELIKAT rental volume

View full details

Frequently asked questions about The PROMENADE@PELIKAT

How much do units at The PROMENADE@PELIKAT cost?

The latest 12 recorded sales show a median price of S$1,060,000 and a median of S$1,333 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The PROMENADE@PELIKAT?

The latest recorded median monthly rent is S$3,000 and the estimated rental yield based on the past six months is 4.5%. Rental yield is indicative and can vary by unit and costs.

Is The PROMENADE@PELIKAT freehold or leasehold?

The PROMENADE@PELIKAT has a tenure of Freehold.

When was The PROMENADE@PELIKAT completed?

The PROMENADE@PELIKAT was completed in 2015 and the project has 164 units.

Which MRT or LRT station is nearest to The PROMENADE@PELIKAT?

Kovan is the nearest station shown, at an estimated straight-line distance of 590 metres.

Which primary schools are near The PROMENADE@PELIKAT?

The primary schools shown within the page’s one-kilometre search are Xinghua Primary School (431 m) and Paya Lebar Methodist Girls' School (Primary) (674 m). Distances are estimates and do not determine school-admission eligibility.

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 2026. Figures are indicative and do not constitute financial advice.