The Promenade @ Pelikat - 1 Units for Rent

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The Promenade @ Pelikat – PropertyGuru Market Pulse Insights

Search activity over the past month shows the development continuing to appear in the local consideration set within the Hougang / Punggol / Sengkang market. Drawing on 30 days of PropertyGuru search activity, the project maintains its presence among active property seekers reviewing options in this specific region.

Popular preferences: Balcony, Renovated, Gym, Tennis Court, Air-Conditioning, Maidsroom, Bathtub

Pricing by Unit Types:

• 1-Bedroom Units:
  • Avg Asking Price: S$ 3K
  • Avg PSF: S$ 6 psf (4.62% lower compared to Hougang / Punggol / Sengkang average of S$ 6 psf)
  • Available Units: 1

Key Takeaway: Market interest is currently focused on the 1-Bedroom configurations which represent the entirety of the available rental inventory. With the average asking price positioned at a 4.62% discount relative to the broader district average, the development offers a competitive entry point for those seeking specific amenities like renovated interiors and balcony spaces. This tight supply of a single listing suggests a high-demand, low-inventory environment that may support price stability for the immediate future. The concentration of searches around these compact layouts indicates a clear preference for efficient spaces within the local rental landscape.

Location & Lifestyle Highlights — The Promenade @ Pelikat 810m (10 mins) to KOVAN MRT STATION — Direct access to the North-East Line makes commuting to the city or Serangoon interchange very straightforward. This freehold commercial property offers a unique mix of shop and shophouse spaces, creating a vibrant community hub right in the heart of District 19. It is a practical choice for those who value a permanent business footprint in a settled residential neighborhood. Nearby hotspots: Bus Stops (40 within 1 km):

• OPP YUYING SEC SCH (244m, 2-3 mins) — Convenient for staff and visitors with quick bus connections right outside.
• BLK 105 MKT/FC (380m, 4-5 mins) — Easy transport link that drops you right by the popular local food centre.

Education & Early Learning:

• MAPLEBEAR LEARNING HOUSE PTE LTD (321m, 3-4 mins) — A reputable preschool option just a short walk away for parents working nearby.
• YUYING SECONDARY SCHOOL (369m, 4-5 mins) — Close proximity to established local secondary education for neighborhood families.
• XINGHUA PRIMARY SCHOOL (458m, 5-6 mins) — Conveniently located primary school within easy walking distance for students.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (489m, 5-6 mins) — Nearby traditional and general medical services for health needs.
• HEALTHCARE MEDICAL KOVAN (562m, 6-7 mins) — Accessible healthcare clinic providing essential medical services to the local community.
• GYNAE HEALTH CLINIC FOR WOMEN (615m, 7-8 mins) — Specialized women's health services located within a short distance.

Shopping & Retail:

• FAIRPRICE (655m, 7-8 mins) — Reliable spot for daily groceries and household essentials.
• HEARTLAND MALL KOVAN (722m, 8-9 mins) — A major retail hub nearby offering a wide variety of shops, banks, and services.
• COLD STORAGE (1026m, 12-13 mins) — Premium supermarket option for a wider range of international and fresh produce.

Dining & Food:

• MOLLYS NONYA CONFECTIONARY (386m, 4-5 mins) — Famous local spot for traditional treats and snacks just around the corner.
• PRIME SUPERMARKET - HOUGANG 106 (494m, 5-6 mins) — Handy location for quick food runs and pantry top-ups.
• MCDONALDS (544m, 6-7 mins) — Familiar quick-service dining option for a convenient meal nearby.

Convenience Stores:

• 7-ELEVEN (552m, 6-7 mins) — Round-the-clock convenience for emergency supplies or quick snacks.

Highly attractive for: Business Owners, Property Investors, Young Couples, and Small Business Startups.

Market & Rental Insights

The Promenade @ Pelikat is a mixed-use development that offers a unique residential environment within a commercial hub.

• PG Pulse Insight: The project maintains its presence in the market as a niche residential option within a integrated commercial setting.

Published date: July 1, 2026