Singapore, July 2025 — Promenade Peak Condominium is shaping up to be one of the standout residential launches of 2025, with anticipation already building since early 2024. The excitement began in April last year when the Urban Redevelopment Authority (URA) released the Zion Road (Parcel B) site from the reserve list — the first such move in over a year. The buzz only intensified after Allgreen Properties announced plans for a record-breaking 63-storey tower, the tallest in the Zion Road precinct.
Strategically located right next to Havelock MRT station (TEL) and just a short stroll from Great World City, Promenade Peak combines city-fringe convenience with serene riverside living. The development’s premium stature was cemented when Allgreen, through its subsidiary Valerian Residential Pte. Ltd., submitted a winning bid of $730.1 million — 20.8% above the minimum trigger price of $604.57 million. This translates to $1,304 psf per plot ratio, making it one of District 03’s priciest land sales in recent years despite a softening market.
The site’s prime appeal is further enhanced by its proximity to Zion Road (Parcel A), a neighbouring plot sold earlier to CDL and Mitsui. The pairing of these two developments has sparked talk of a transformative “mini enclave” along the Singapore River. While Parcel A will include retail and serviced apartments, Promenade Peak will remain fully residential — a more exclusive offering for homebuyers seeking prestige and privacy.
Connectivity is a major draw. Havelock MRT is directly across the street, offering seamless access to Outram Park interchange (EWL/NEL) in just one stop. Orchard Road, Clarke Quay Central, and UE Square are all within a five-minute drive. For families, school access is also promising. Alexandra Primary and River Valley Primary are expected to fall within the one-kilometre enrolment zone, with Zhangde Primary likely just outside.
Adding to its allure is Promenade Peak’s status as the tallest building in the vicinity. With surrounding developments like Rivière topping out at 36 storeys, the upper floors of Promenade Peak will offer panoramic, unblocked views of the Singapore River and city skyline. A sky pool on the top floor is set to be a showstopper, offering residents a rare blend of luxury and scenery.
The project is also a post-harmonisation condominium, which means unit sizes reflect more accurate usable space, excluding air-con ledges and non-liveable areas. While the one- and two-bedroom units dominate the unit mix, larger two-bedders at 798 sq ft may appeal to young families balancing space and affordability.
While full details are yet to be released, features such as concierge services, private lifts, and sky terraces are expected, in line with Promenade Peak’s luxury positioning. All eyes are now on the official launch, as this towering landmark prepares to redefine upscale living in the heart of Singapore’s city fringe. Pre registration is open for the upcoming Promenade Peak Showflat Preview starts from the 17th July 2025. Showflat appointment are filling fast.