We track 8 sales and 6 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALACIO dashboard.
- Average sale price: $3,477,375 across 8 transactions
- Estimated gross rental yield: 2.6%
- District 15 PSF ranking: Value tier (top 99%)
- Freehold tenure · OCR · D15
About PALACIO
PALACIO is a freehold condominium, located at LORONG M TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region).
As a freehold property, PALACIO does not face lease decay concerns.
Sales Market Overview
PALACIO has recorded 8 sale transactions with an average transaction price of $3,477,375, ranging from $2,880,000 to $3,939,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $795 psf | $3,086,667 | — |
| 2022 | 3 | $936 psf | $3,606,667 | ↑ 17.7% |
| 2024 | 1 | $1,055 psf | $3,939,000 | ↑ 12.7% |
| 2026 | 1 | $954 psf | $3,800,000 | ↓ 9.5% |
PALACIO ranks in the top 99% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, PALACIO trades 41.9% below the segment benchmark.
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Rental Market Overview
PALACIO has recorded 6 rental transactions with monthly rents averaging $7,600/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 6 | $7,600/mo | $5,500/mo | $9,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 1 | $5,500/mo |
| 2022 | 1 | $6,500/mo |
| 2024 | 2 | $7,900/mo |
| 2025 | 1 | $8,600/mo |
| 2026 | 1 | $9,200/mo |
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Investment Analysis
Based on average rents and sale prices, PALACIO delivers an estimated gross rental yield of 2.6%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows PALACIO (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALACIO
- Marine Terrace MRT
- Kembangan MRT
- Marine Parade MRT
- Siglap MRT
- Eunos MRT
- Telok Kurau Primary School
- Chung Cheng High School (Main)
- East Coast Primary School
Nearby MRT Stations
PALACIO is 550m from Marine Terrace MRT (Thomson-East Coast Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Terrace | TE27 | Thomson-East Coast Line | 550m |
| Kembangan | EW6 | East-West Line | 1.0 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.3 km |
| Siglap | TE28 | Thomson-East Coast Line | 1.4 km |
| Eunos | EW7 | East-West Line | 1.5 km |
Nearby Schools
There are 12 schools within 2 km of PALACIO, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 140m |
| Chung Cheng High School (Main) | Secondary | 950m |
| East Coast Primary School | Primary | 1.2 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| Tanjong Katong Girls' School | Secondary | 1.5 km |
| Canadian International School (Tanjong Katong) | International | 1.5 km |
| Canossa Catholic Primary School | Primary | 1.5 km |
| Broadrick Secondary School | Secondary | 1.6 km |
| EtonHouse International School (Broadrick) | International | 1.6 km |
| CHIJ (Katong) Primary | Primary | 1.6 km |
| Tao Nan School | Primary | 1.8 km |
| Tanjong Katong Primary School | Primary | 1.9 km |
FAQ
What is the average price for PALACIO?
What is the rental yield for PALACIO?
Is PALACIO freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 8 transactions analysed
- Rental data: 6 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for PALACIO
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.