RPS · Resale Project Scorecard
The Promenade @ Pelikat — Grade B
RPS score 5.99/10 · D19 · Hougang, Punggol, Sengkang · 34 units · scored across 7 weighted factors — methodology published.
FH · Oxley Vibes Pte Ltd · TOP 2016
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: project size.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 6/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 6/10
Avg Ann. of +1.11% — near-median performance within its 2016-era cohort (45th percentile).
2 primary schools within 1km (nearest: XINGHUA PRIMARY SCHOOL at 0.41km). Strong school proximity — a genuine advantage for young families.
34 units — very small project; niche product with thin resale market.
0.62km from Kovan Mrt Stn (NE13) — short walk to MRT, good transport convenience.
Rental yield of 3.62% — above-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Moderate future-catalyst exposure — nearest meaningful driver: Paya Lebar Air Base redevelopment at 0.87km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Xinghua Primary School, PAYA Lebar Methodist Girls' School (Primary).
See live The Promenade @ Pelikat listings for sale on PropertyGuru →
RPSResale Project Scorecard
Scored either side of The Promenade @ Pelikat in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.