Singapore’s real estate market is thriving, with luxury condominiums like Grand Zyon and Promenade Peak leading the way. These developments, located along Zion Road in District 03, offer modern living with unmatched convenience. Developed by trusted names—City Developments Limited (CDL) and Mitsui Fudosan for Grand Zyon, and Allgreen Properties for Promenade Peak—they promise high-quality design and prime connectivity. This article covers their key features, benefits, and why they’re shaping Singapore’s property market in 2025.
Contents
What Are Grand Zyon and Promenade Peak?
Grand Zyon and Promenade Peak are new luxury condominiums in Singapore’s prestigious River Valley area. Both are 99-year leasehold developments, offering modern homes with premium amenities. Grand Zyon, a collaboration between CDL and Mitsui Fudosan, spans 164,450 square feet and includes about 740 units. Promenade Peak, developed by Allgreen Properties, covers 92,859 square feet with around 610 units. Both projects are set to redefine urban living with their strategic locations and thoughtful designs.
Key Details
- Grand Zyon:
- Developer: City Developments Limited (CDL) and Mitsui Fudosan
- Location: Zion Road, District 03
- Units: Approximately 740
- Tenure: 99-year leasehold
- Expected TOP: 2029
- Land Cost: $1.107 billion ($1,202 psf ppr)
- Promenade Peak:
- Developer: Allgreen Properties (Kuok Group)
- Location: Zion Road (Parcel B), near Kim Seng Road
- Units: Approximately 610
- Tenure: 99-year leasehold
- Land Cost: $730.1 million ($1,304 psf ppr)
- Maximum Height: 240 meters (63 storeys)
Why Are These Developments Popular?
Grand Zyon and Promenade Peak are in high demand due to their prime location, modern amenities, and strong investment potential. Here’s why they stand out:
- Prime Location: Both are near Great World City and two MRT stations (Havelock and Great World on the Thomson-East Coast Line), offering easy access to Orchard Road, Marina Bay, and the Central Business District (CBD).
- Luxury Amenities: They feature resort-style pools, gyms, co-working spaces, and green areas, catering to families, professionals, and wellness enthusiasts.
- Investment Value: Singapore’s stable economy and limited land supply in District 03 drive long-term capital appreciation and rental demand.
- Trusted Developers: CDL, Mitsui Fudosan, and Allgreen have strong track records, ensuring quality and reliability.
Market Insights
- A 2025 report notes that 70% of Singapore homebuyers prioritize connectivity and amenities, making these condos highly desirable.
- The River Valley area’s property values have risen steadily, with a 3-5% annual increase expected through 2030 due to urban renewal projects.
- Demand for luxury condos in District 03 is strong, with 65% of buyers being professionals or families seeking proximity to schools and workplaces.
Benefits for Homebuyers and Investors
Both developments cater to diverse needs, offering unique benefits:
- Convenience: Proximity to Great World City, Zion Road Food Centre, and major expressways (CTE, AYE) ensures easy access to shopping, dining, and transport.
- Family-Friendly: Nearby schools like River Valley Primary (480m from Promenade Peak) and Alexandra Primary make these ideal for families.
- Luxury Living: Spacious layouts, high-end finishes, and smart home features enhance comfort and style.
- Investment Potential: High rental demand from professionals and expatriates, with competitive pricing expected due to reasonable land costs.
How Do They Compare?
While both developments share similarities, they have distinct features:
- Grand Zyon:
- Includes a 36-storey tower with 280 long-stay serviced apartments, a unique feature for Singapore.
- Larger plot size (164,450 sq ft) allows for more units and expansive amenities.
- Focuses on community spaces, with landscaped gardens and a retail podium.
- Promenade Peak:
- Taller at 63 storeys, offering panoramic views of the Singapore River and Orchard Road.
- Emphasizes wellness with facilities like a sky gym, yoga studio, and spa.
- Smaller plot (92,859 sq ft) but strategically located closer to Great World City.
For more on Singapore’s condo market, visit Market Trends.
Addressing Common Questions (People Also Ask)
- What is the price range for Grand Zyon and Promenade Peak?
- Pricing is not yet released, but Grand Zyon’s land cost ($1,202 psf ppr) suggests competitive pricing. Promenade Peak’s higher land cost ($1,304 psf ppr) may reflect premium units. Register for updates at Grand Zyon or Promenade Peak.
- Are these developments good for families?
- Yes, both are near top schools and family-friendly amenities like parks and play areas.
- How is the connectivity?
- Both offer direct access to Havelock and Great World MRT stations, plus major roads like the CTE, ensuring seamless travel.
- What amenities are available?
- Grand Zyon includes pools, gardens, and serviced apartments. Promenade Peak offers a sky gym, BBQ pits, and wellness facilities.
Future Outlook for 2025 and Beyond
By 2025, Singapore’s real estate market will see increased demand for luxury condos in prime districts. The Thomson-East Coast Line’s completion by 2030 will further boost connectivity, making Zion Road a hotspot for buyers and investors. Urban renewal projects in River Valley will enhance property values, with Grand Zyon and Promenade Peak poised for strong appreciation due to their prime locations and reputable developers. Smart home features, such as automated lighting and energy-efficient systems, will also align with growing buyer preferences for technology-integrated homes.
How to Get Involved
To stay updated or invest in these developments:
- Register for Updates: Visit Grand Zyon or Promenade Peak to sign up for pricing and showflat details.
- Book a Showflat Visit: Contact developers directly (Grand Zyon: +65 6100 6193; Promenade Peak: +65 6100 1778) for exclusive previews.
- Explore Financing Options: Check loan-to-value ratios and stamp duties via the developers’ websites.
For more insights on real estate investments, see UrbanTaken’s Market Trends.
Final Thoughts
Grand Zyon and Promenade Peak are setting a new standard for luxury living in Singapore. With their prime locations, modern amenities, and trusted developers, they cater to both homeowners and investors. As District 03 continues to grow, these condos offer a unique blend of urban convenience and serene living, making them top choices for 2025 and beyond. Stay informed and act early to secure a unit in these landmark developments.
