Promenade Peak enters the market at a time when the price gap between the city fringe and prime locations continues to blur. With starting prices from $2,680 to $3,300 psf, it sits just outside the boundaries of District 9, but given what we’ve seen from some OCR projects, most people would see this as an attractive entry price.
But perhaps what’s also interesting isn’t just the pricing itself, but how it’s been structured. Allgreen has introduced two distinct product tiers (the Promenade Collection and the Promenade Suites) within the same tower. The overlap in certain layouts, such as the 3-bedroom units found in both tiers, would raise the question of value. And how does Promenade Peak stack up against nearby launches like River Green or newly completed projects in the area, such as Irwell Hill Residences?
In this Stacked Pro pricing review, we break down the pricing across each unit type and compare it against recent launches and existing resale benchmarks in the area.
Indicative starting prices
The developer has shared the following prices, including the upper-limit which is not commonly shared:
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