The PROMENADE@PELIKAT
REALSCOREⓘ
Profitability rank across Singapore
2.8
User Score
User ratings for this property
3.7
Annual Returns
Avg annualized profit (past 1y)
2.2%
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 🚆.
< 1km
MRT Station
Near
$1M+ HDB
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Jalan Pelikat
Developer
N.A.
Property Type
Apartment
Completion
2015
Total Units
164
Plot Ratio
N.A.
Unit Size
409 - 1,625 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
53
Nearby Stations
- KovanNE13
Nearby Primary Schools
- Xinghua Primary School
- Paya Lebar Methodist Girls' School (Primary)
Transaction
N.A.
Sold At Launch
54%
HDB Buyers
$195.6M+
Total Transacted
20-04-2012
First Transacted
16-06-2026
Last Transacted
240
Total Transactions
Transaction Volume
New SaleSub SaleResale
77.1%
% Profitable
64
Profitable
19
Unprofitable
5
> 6% Annualized
8.5 yrs
Avg Holding
$5.6M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 86 | 52.40% | 409 - 517 sqft |
| 2 BR | 57 | 34.80% | 624 - 1,216 sqft |
| 3 BR | 19 | 11.60% | 936 - 1,625 sqft |
| 4 BR | 2 | 1.20% | 1,292 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 183 | 537643 | 77.1% | 1.3% |
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