We track 14 sales and 42 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM GALLERIA dashboard.
- Average sale price: $1,595,286 across 14 transactions
- Estimated gross rental yield: 2.4%
- District 15 PSF ranking: Value tier (top 84%)
- Freehold tenure · OCR · D15 · 40 units
About PALM GALLERIA
PALM GALLERIA is a freehold condominium, located at LORONG K TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region), developed by WORLD CLASS LAND PTE LTD, comprising 40 residential units, completed in 2010.
As a freehold property, PALM GALLERIA does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PALM GALLERIA:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 2 | $1,353 psf | $670,000 |
| 2 BR | 3 | $1,308 psf | $1,126,667 |
| 3 BR | 4 | $1,413 psf | $1,441,500 |
| 4 BR | 2 | $1,286 psf | $2,240,000 |
| 5+ BR | 3 | $1,028 psf | $2,456,000 |
Sales Market Overview
PALM GALLERIA has recorded 14 sale transactions with an average transaction price of $1,595,286, ranging from $660,000 to $3,030,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 5 | $1,278 psf | $996,000 | — |
| 2022 | 3 | $1,035 psf | $1,796,000 | ↓ 19.0% |
| 2023 | 2 | $1,348 psf | $1,780,000 | ↑ 30.3% |
| 2024 | 1 | $1,363 psf | $2,200,000 | ↑ 1.0% |
| 2025 | 2 | $1,364 psf | $2,273,000 | ↑ 0.1% |
| 2026 | 1 | $1,658 psf | $1,660,000 | ↑ 21.5% |
PALM GALLERIA ranks in the top 84% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, PALM GALLERIA trades 17.3% below the segment benchmark.
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Rental Market Overview
PALM GALLERIA has recorded 42 rental transactions with monthly rents averaging $3,179/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 19 | $2,700/mo | $1,900/mo | $3,200/mo |
| 2 BR | 6 | $3,683/mo | $2,800/mo | $4,800/mo |
| 3 BR | 17 | $3,535/mo | $2,500/mo | $4,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 5 | $2,700/mo |
| 2022 | 8 | $2,700/mo |
| 2023 | 9 | $3,628/mo |
| 2024 | 8 | $3,169/mo |
| 2025 | 10 | $3,380/mo |
| 2026 | 2 | $3,300/mo |
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Investment Analysis
Based on average rents and sale prices, PALM GALLERIA delivers an estimated gross rental yield of 2.4%. 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 PALM GALLERIA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM GALLERIA
- Marine Terrace MRT
- Kembangan MRT
- Eunos MRT
- Marine Parade MRT
- Telok Kurau Primary School
- Chung Cheng High School (Main)
- Canossa Catholic Primary School
Nearby MRT Stations
PALM GALLERIA is 690m from Marine Terrace MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Terrace | TE27 | Thomson-East Coast Line | 690m |
| Kembangan | EW6 | East-West Line | 920m |
| Eunos | EW7 | East-West Line | 1.3 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.3 km |
Nearby Schools
There are 13 schools within 2 km of PALM GALLERIA, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 140m |
| Chung Cheng High School (Main) | Secondary | 1.1 km |
| Canossa Catholic Primary School | Primary | 1.3 km |
| Tanjong Katong Girls' School | Secondary | 1.3 km |
| Canadian International School (Tanjong Katong) | International | 1.3 km |
| East Coast Primary School | Primary | 1.4 km |
| Global Indian International School (GIIS East Coast) | International | 1.4 km |
| Broadrick Secondary School | Secondary | 1.4 km |
| EtonHouse International School (Broadrick) | International | 1.4 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
| Tao Nan School | Primary | 1.6 km |
| Tanjong Katong Primary School | Primary | 1.8 km |
FAQ
What is the average price for PALM GALLERIA?
What is the rental yield for PALM GALLERIA?
Is PALM GALLERIA 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: 14 transactions analysed
- Rental data: 42 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 PALM GALLERIA
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.