We track 175 sales and 572 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM ISLES dashboard.
- Average sale price: $1,010,054 across 175 transactions
- Estimated gross rental yield: 3.5%
- District 17 PSF ranking: Mid-range (top 51%)
- 99 yrs lease commencing from 2011 · OCR · D17 · 429 units
About PALM ISLES
PALM ISLES is a 99 yrs lease commencing from 2011 condominium, located at FLORA DRIVE in District 17 (Changi, Loyang) (Outside Central Region), developed by FCL BOON LAY PTE. LTD, comprising 429 residential units, completed in 2015.
With approximately 84 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PALM ISLES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 49 | $1,221 psf | $642,061 |
| 2 BR | 52 | $1,083 psf | $878,439 |
| 3 BR | 67 | $1,097 psf | $1,195,217 |
| 5+ BR | 7 | $842 psf | $2,791,429 |
Sales Market Overview
PALM ISLES has recorded 175 sale transactions with an average transaction price of $1,010,054, ranging from $530,000 to $2,950,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 48 | $991 psf | $828,720 | — |
| 2022 | 46 | $1,070 psf | $937,454 | ↑ 7.9% |
| 2023 | 23 | $1,207 psf | $1,056,425 | ↑ 12.8% |
| 2024 | 25 | $1,224 psf | $1,224,156 | ↑ 1.4% |
| 2025 | 22 | $1,206 psf | $1,293,495 | ↓ 1.5% |
| 2026 | 11 | $1,265 psf | $954,490 | ↑ 4.9% |
PALM ISLES ranks in the top 51% of condos in District 17 by average PSF.
Compared to the OCR average of $1,550 psf, PALM ISLES trades 27.9% below the segment benchmark.
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Rental Market Overview
PALM ISLES has recorded 572 rental transactions with monthly rents averaging $2,949/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 253 | $2,396/mo | $954/mo | $3,800/mo |
| 2 BR | 186 | $3,018/mo | $1,900/mo | $4,200/mo |
| 3 BR | 116 | $3,533/mo | $1,900/mo | $4,700/mo |
| 4 BR | 3 | $4,233/mo | $3,600/mo | $5,000/mo |
| 5+ BR | 14 | $6,896/mo | $5,350/mo | $8,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 121 | $2,184/mo |
| 2022 | 118 | $2,754/mo |
| 2023 | 99 | $3,493/mo |
| 2024 | 85 | $3,172/mo |
| 2025 | 107 | $3,138/mo |
| 2026 | 42 | $3,484/mo |
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Investment Analysis
Based on average rents and sale prices, PALM ISLES delivers an estimated gross rental yield of 3.5%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 17
Side-by-side comparison against the most actively traded condos in District 17 (Changi, Loyang):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| COASTAL CABANA | 99 years leasehold | 748 | $1,792 psf | 601 |
| THE JOVELL | 99 yrs lease commencing from 2018 | 428 | $1,395 psf | 269 |
| KASSIA | Freehold | 276 | $2,032 psf | 226 |
| HEDGES PARK CONDOMINIUM | 99 yrs lease commencing from 2010 | 501 | $1,153 psf | 195 |
| PARC KOMO | Freehold | 276 | $1,628 psf | 178 |
Location Map
Map shows PALM ISLES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM ISLES
- Tampines East MRT
- United World College of South East Asia (East)
- Chongzheng Primary School
- Angsana Primary School
Nearby MRT Stations
PALM ISLES is 1.1 km from Tampines East MRT (Downtown Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Tampines East | DT33 | Downtown Line | 1.1 km |
Nearby Schools
There are 11 schools within 2 km of PALM ISLES, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| United World College of South East Asia (East) | International | 460m |
| Chongzheng Primary School | Primary | 1.2 km |
| Angsana Primary School | Primary | 1.5 km |
| Springfield Secondary School | Secondary | 1.5 km |
| Singapore University of Technology and Design | Tertiary | 1.7 km |
| Meridian Primary School | Primary | 1.8 km |
| Meridian Secondary School | Secondary | 1.8 km |
| Stamford American International School | International | 1.9 km |
| Changkat Primary School | Primary | 1.9 km |
| Elias Park Primary School | Primary | 2.0 km |
| Brighton College (Singapore) | International | 2.0 km |
FAQ
What is the average price for PALM ISLES?
What is the rental yield for PALM ISLES?
Is PALM ISLES 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: 175 transactions analysed
- Rental data: 572 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 ISLES
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