We track 6 sales and 51 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM GREEN dashboard.
- Average sale price: $1,521,667 across 6 transactions
- Estimated gross rental yield: 3.1%
- District 5 PSF ranking: Value tier (top 86%)
- Freehold tenure · RCR · D5 · 40 units
About PALM GREEN
PALM GREEN is a freehold condominium, located at PASIR PANJANG ROAD in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD), comprising 40 residential units, completed in 1999.
As a freehold property, PALM GREEN does not face lease decay concerns.
Sales Market Overview
PALM GREEN has recorded 6 sale transactions with an average transaction price of $1,521,667, ranging from $1,240,000 to $1,780,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,161 psf | $1,373,333 | — |
| 2024 | 2 | $1,289 psf | $1,665,000 | ↑ 11.1% |
| 2025 | 1 | $1,486 psf | $1,680,000 | ↑ 15.3% |
PALM GREEN ranks in the top 86% of condos in District 5 by average PSF.
Compared to the RCR average of $2,049 psf, PALM GREEN trades 38.6% below the segment benchmark.
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Rental Market Overview
PALM GREEN has recorded 51 rental transactions with monthly rents averaging $3,907/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 23 | $3,498/mo | $2,200/mo | $4,800/mo |
| 3 BR | 28 | $4,243/mo | $3,000/mo | $5,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 12 | $2,913/mo |
| 2022 | 11 | $3,859/mo |
| 2023 | 8 | $4,275/mo |
| 2024 | 8 | $4,250/mo |
| 2025 | 11 | $4,423/mo |
| 2026 | 1 | $5,000/mo |
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Investment Analysis
Based on average rents and sale prices, PALM GREEN delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,845 psf | 6022 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1415 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,889 psf | 1398 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,555 psf | 403 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows PALM GREEN (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM GREEN
- National University of Singapore
- Kent Ridge Secondary School
- NUS High School of Mathematics and Science
Nearby Schools
There are 4 schools within 2 km of PALM GREEN, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| National University of Singapore | Tertiary | 990m |
| Kent Ridge Secondary School | Secondary | 1.4 km |
| NUS High School of Mathematics and Science | Jc | 1.8 km |
| Anglo-Chinese School (Independent) | Secondary | 2.0 km |
FAQ
What is the average price for PALM GREEN?
What is the rental yield for PALM GREEN?
Is PALM GREEN 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: 6 transactions analysed
- Rental data: 51 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 GREEN
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.