We track 6 sales and 2 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM GROVE REGENCY dashboard.
- Average sale price: $2,508,000 across 6 transactions
- Estimated gross rental yield: 3.6%
- District 19 PSF ranking: Value tier (top 92%)
- 999 yrs lease commencing from 1878 · OCR · D19 · 20 units
About PALM GROVE REGENCY
PALM GROVE REGENCY is a 999 yrs lease commencing from 1878 condominium, located at PALM GROVE AVENUE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by FRAGRANCE LAND PTE LTD, comprising 20 residential units, completed in 2008.
With approximately 81 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Sales Market Overview
PALM GROVE REGENCY has recorded 6 sale transactions with an average transaction price of $2,508,000, ranging from $2,180,000 to $3,220,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 5 | $821 psf | $2,365,600 | — |
| 2025 | 1 | $1,100 psf | $3,220,000 | ↑ 34.0% |
PALM GROVE REGENCY ranks in the top 92% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, PALM GROVE REGENCY trades 44.1% below the segment benchmark.
Loading chart data...
Rental Market Overview
PALM GROVE REGENCY has recorded 2 rental transactions with monthly rents averaging $7,500/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 2 | $7,500/mo | $7,500/mo | $7,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 1 | $7,500/mo |
| 2024 | 1 | $7,500/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, PALM GROVE REGENCY delivers an estimated gross rental yield of 3.6%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows PALM GROVE REGENCY (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM GROVE REGENCY
- Kovan MRT
- Serangoon MRT
- Serangoon MRT
- Xinmin Secondary School
- Yangzheng Primary School
- Xinmin Primary School
Nearby MRT Stations
PALM GROVE REGENCY is 800m from Kovan MRT (North-East Line), with 3 stations within 1.5 km.
Nearby Schools
There are 21 schools within 2 km of PALM GROVE REGENCY, including 14 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Xinmin Secondary School | Secondary | 400m |
| Yangzheng Primary School | Primary | 520m |
| Xinmin Primary School | Primary | 550m |
| Serangoon Secondary School | Secondary | 580m |
| Cedar Primary School | Primary | 600m |
| Cedar Girls' Secondary School | Secondary | 660m |
| Zhonghua Primary School | Primary | 840m |
| Zhonghua Secondary School | Secondary | 850m |
| Xinghua Primary School | Primary | 900m |
| Holy Innocents' High School | Secondary | 900m |
| Rosyth School | Primary | 930m |
| Montfort Secondary School | Secondary | 970m |
FAQ
What is the average price for PALM GROVE REGENCY?
What is the rental yield for PALM GROVE REGENCY?
Is PALM GROVE REGENCY 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: 2 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 GROVE REGENCY
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.