1. Overview
Contents
River Modern is a riverside mixed-use condominium in District 9 with direct access to Great World MRT, developed by GuocoLand.
Promenade Peak is a 63-storey landmark tower in District 3 with approximately 596 units, developed by Allgreen/Valerian Residential.
2. River Modern — Pros
- Prime CCR riverfront location with park access.
- Direct link to Great World MRT (TEL).
- Strong developer reputation (GuocoLand).
- Appeals to premium renters and expatriate professionals.
- High long-term capital preservation due to location scarcity.
River Modern — Cons
- Higher entry quantum due to CCR pricing.
- 99-year leasehold tenure requires consideration for long-term resale.
- Competition within CCR luxury segment.
3. Promenade Peak — Pros
- Striking 63-storey height and strong landmark identity.
- Developed by reputable Allgreen/Valerian.
- Large-scale project with diverse unit mix (1–5 BR).
- Good connectivity to central transport nodes.
- Potentially more affordable psf entry compared to CCR riverfront projects.
Promenade Peak — Cons
- Large supply (596 units) may create internal competition for resale and rental.
- Also a 99-year leasehold property.
- Height and visibility do not automatically guarantee price premiums.
4. Investment Tradeoffs
- Scarcity vs Scale: River Modern offers scarce CCR riverfront positioning, while Promenade Peak offers scale and unit variety.
- Price Profile: River Modern commands premium CCR psf; Promenade Peak may offer a more approachable entry quantum depending on stack/view.
- Liquidity: Promenade Peak’s large unit count may provide more resale liquidity, whereas River Modern’s scarcity supports stronger price resilience.
5. Investor Suitability
Choose River Modern if you prefer:
- A prestige CCR address
- Strong long-term capital preservation
- High rental appeal among affluent tenants
Choose Promenade Peak if you prefer:
- A landmark project with wide unit mix
- Potentially lower psf entry
- Project scale and strong branding momentum
6. Summary
Both developments appeal to different investment profiles. River Modern excels in scarcity, prestige, and long-term resilience, while Promenade Peak offers a large-scale landmark option with potential value opportunities at more accessible price points.