Property Comparison
AVENUE SOUTH RESIDENCE vs PROMENADE PEAK
Queenstown, Tiong Bahru· Both projects in the same district
Side-by-Side Comparison
| Metric | AVENUE SOUTH RESIDENCE | PROMENADE PEAK |
|---|---|---|
| Median PSF | $2,208.561 | $2,931.436 |
| Median Price | $1.60M | $2.19M |
| Recent PSF (Last 10) | $2,168 | $2,984 |
| District | D03 | D03 |
| Property Type | Apartment | Condominium |
| Tenure | 99 yrs lease commencing from 2018 | 99 years leasehold |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 796 | 358 |
Who Should Buy AVENUE SOUTH RESIDENCE vs PROMENADE PEAK?
🏠 First-Time Buyer
Avenue South Residence is more suitable for first-time buyers due to its lower median price of $2,208.561 PSF compared to $2,931.436 PSF at Promenade Peak. This represents a cost difference of $722.875 per square foot, providing a lower financial barrier for entry into the District 3 market.
📈 Investor
Investors may prefer Avenue South Residence given its higher transaction volume of 796 units compared to 358 units at Promenade Peak, suggesting higher liquidity. The lower median entry of $2,208.561 PSF also allows for a lower capital outlay compared to the $2,931.436 PSF required for Promenade Peak.
👨👩👧👦 Family
Families evaluating District 3 options can consider Avenue South Residence for its lower median PSF of $2,208.561, which may allow for larger unit sizes within a set budget. In contrast, Promenade Peak carries a higher median PSF of $2,931.436, which impacts the total price for larger family-sized units.