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D03 Queenstown

PROMENADE PEAK

ZION PROMENADE · District 03 · 99 yrs lease commencing from 2024

Median Price

S$2.2M

375 transactions

Price Range

S$1.4M - S$6.7M

Tenure

Leasehold

99 yrs lease commencing from 2

PROMENADE PEAK Price Analysis

PROMENADE PEAK is a leasehold development on ZION PROMENADE in District 03 (Queenstown). According to URA transaction records, 375 private residential transactions have been recorded at this development, with a median price of S$2,177,400. Prices range from S$1.4M for the smallest units to S$6.7M for premium configurations.

The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$1,487,100. Larger units (5+ bed (170+ sqm)) trade at S$6,413,100, reflecting the premium for additional space.

Floor level significantly impacts pricing at PROMENADE PEAK. High-floor units (61-65) command a median of S$5,260,500, while low-floor units (01-05) sell for S$1,870,700. That is a 181% premium for higher floors, worth S$3.4M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

61-65
S$5.3M
4 txns
56-60
S$4.8M
16 txns
51-55
S$4.0M
19 txns
46-50
S$3.9M
18 txns
41-45
S$3.3M
23 txns
36-40
S$2.1M
34 txns
31-35
S$2.1M
26 txns
26-30
S$2.0M
34 txns
21-25
S$2.0M
30 txns
16-20
S$2.0M
43 txns
11-15
S$1.9M
43 txns
06-10
S$1.9M
49 txns
01-05
S$1.9M
36 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$1.5M49 sqm37
1-Bed (50-70 sqm)S$2.0M62 sqm141
2-Bed (70-100 sqm)S$2.4M82 sqm90
3-Bed (100-130 sqm)S$3.3M104 sqm71
4-Bed (130-170 sqm)S$5.0M139 sqm33
5+ Bed (170+ sqm)S$6.4M175 sqm3

Current Listings

3-Bed sale

Dhaneswery (Dhanes) · PROPNEX REALTY PTE. LTD.

S$3.2M

FAQ

What is the average price of PROMENADE PEAK?

The median transaction price at PROMENADE PEAK is S$2,177,400, based on 375 URA-recorded transactions. Prices range from S$1.4M to S$6.7M.

Does floor level affect prices at PROMENADE PEAK?

Yes. High-floor units (61-65) sell for a median of S$5,260,500, while low-floor units (01-05) sell for S$1,870,700. That is a 181% premium for higher floors.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.