2026 is shaping up as a selective year for Singapore property investors: interest-rate stabilization in many markets, ongoing infrastructure upgrades across the city, and continued demand for family-friendly homes make location and future lifestyle amenities critical when choosing an investment. In this article we compare two high-profile new launches — Chuan Park (Lorong Chuan) and Promenade Peak (Zion Promenade / River Valley) — and explain why families should seriously consider one of these two in 2026.
At-a-glance snapshot
Chuan Park (District 19, Lorong Chuan)
– Developer: Kingsford Group (with MCC Land partner on the redevelopment).
– Tenure & form: 99-year leasehold, large-scale redevelopment on the former Chuan Park site with about 916 units across multiple blocks.
– Positioning: Family-oriented, suburban (mature estate) living with space, schools nearby and strong transport links to the city fringe.
Promenade Peak (District 3, Zion Promenade / River Valley)
– Developer: Allgreen Properties (Valerian Residential subsidiary).
– Tenure & form: 99-year leasehold tower (land award dated Aug 7, 2024), a distinctive 63-storey signature tower with roughly 590–600 units, targeting the luxury/upper-mid market.
– Positioning: City-fringe, lifestyle-first offering within minutes of Great World / Orchard and strong rental appeal to professionals and expatriate families.
Market context (why 2026 matters)
By 2026 the market is tempering: buyers are choosier, and scarcity of well-located family homes inside mature estates or close to city-fringe schools is pushing premium for quality product. For investors who target families, two big themes matter: (1) long-term liveability — schools, healthcare, parks; and (2) rental demand — proximity to jobs, international schools and amenities. Chuan Park and Promenade Peak sit on opposite ends of that spectrum: Chuan Park offers more suburban scale and family space; Promenade Peak offers location premium and lifestyle draw.
Key comparison points
1. Location & lifestyle
– Chuan Park: Located at Lorong Chuan (District 19), the development benefits from mature neighbourhood amenities, established schools and landed-view corridors. It’s positioned for families who prioritize space, quieter streets and access to green pockets.
– Promenade Peak: Sits on Zion Promenade in the River Valley / Great World enclave (District 3) — one of Singapore’s most coveted city-fringe locations. Immediate proximity to riverfront, shopping, dining, and a short ride to Orchard and CBD is highly attractive for tenants who work or socialise downtown.
2. Developer pedigree & build scale
– Chuan Park: A large-scale redevelopment (approx. 916 units) led by Kingsford (and partners), giving the project economies of scale and family-oriented facilities across a broad site. TOP for several sources is in the 2027–2028 window.
– Promenade Peak: Developed by Allgreen (Kuok Group affiliate), noted for high-quality city launches; the scheme is a single 63-storey landmark tower with fewer units and a clear premium positioning. Its land price and tower height make it a standout project.
3. Price band & land cost (investment math)
– Chuan Park: Indicative pricing and analyst commentary have suggested PSF bands that target a more mass-market to upper-mid buyer; a 2024–25 estimate of the project’s land cost and developer pricing sits noticeably below prime River Valley launches. This can translate to lower entry price and potential for catch-up capital gains if demand to District 19 strengthens.
– Promenade Peak: The land parcel was awarded at a sizeable price (~S$730.1m; roughly S$1,300+ PSF PPR), and market chatter and early price lists estimate launch pricing from about S$2,600–3,000+ PSF depending on unit mix — indicating a clear premium product and higher entry cost for investors.
4. Rental and resale appeal for families
– Chuan Park: Strong for families wanting larger units (3–5 bedrooms) at a comparatively better entry price. Good nearby schools and quieter surroundings mean longer tenancy stability from local families and multi-generational renters.
– Promenade Peak: Appeals to professionals and expatriate families who value location above unit size — shorter commutes, international school access along the river/CBD corridor, and premium lifestyle facilities. Rental yields may be lower on a percentage basis because of high entry price, but absolute rent amounts and capital appreciation prospects in District 3 are compelling.
Which should families choose in 2026? (recommendation)
1) Families seeking space, value and longer-term family lifestyle: Chuan Park
– Why: bigger unit choices, strong family-friendly neighbourhood, typically lower entry PSF compared with River Valley. For investors targeting long-term family tenants (local families, young parents, multi-gen households), Chuan Park offers scale, facilities and a more affordable entry point.
2) Families prioritising location, education & lifestyle premium: Promenade Peak
– Why: if your investment strategy targets top-tier renters (expats, higher-paid professionals) who will pay for location and immediate access to Great World / Orchard, Promenade Peak’s address and developer pedigree make it a natural pick — albeit at a higher price. For capital preservation and premium appreciation in core-city fringe locations, it’s a sensible choice.
Practical buying considerations for 2026
– Cash flow vs capital gain: Chuan Park may deliver steadier rental coverage for family-sized units; Promenade Peak could deliver stronger nominal gains if the River Valley micro-market outperforms. Balance your mortgage stress test scenarios accordingly.
– Time to TOP and holding costs: large Chuan Park TOP estimates are 2027–2028, while Promenade Peak’s build and legal completion estimates sit later (some sources show TOP nearer 2029–2031). Factor construction timelines into your holding cost and rental planning.
– School catchment & resale: Chuan Park’s location in a mature estate with established primary schools is appealing to local families; Promenade Peak’s proximity to international schools and city amenities draws a different tenant profile. Choose based on your likely tenant pool.
Conclusion — quick decision map
– Buy Chuan Park if: you want family-sized units, lower PSF entry for a reputed large-scale project, and tenants who prioritise schools and space.
– Buy Promenade Peak if: you’re targeting premium city-fringe appreciation, shorter commutes to CBD/Orchard, and an audience willing to pay a location premium (expats, dual-income professionals).
Final note
Both projects can be strong investments for families in 2026 — they simply target different buyer/tenant archetypes. Your final choice should hinge on whether you prioritise unit size and family liveability (Chuan Park) or location and lifestyle premium (Promenade Peak).