We track 8 sales and 50 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM MANSIONS dashboard.
- Average sale price: $1,533,125 across 8 transactions
- Estimated gross rental yield: 2.9%
- District 5 PSF ranking: Mid-range (top 74%)
- Freehold tenure · RCR · D5 · 30 units
About PALM MANSIONS
PALM MANSIONS 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 WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION), comprising 30 residential units, completed in 1998.
As a freehold property, PALM MANSIONS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PALM MANSIONS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,548 psf | $1,250,000 |
| 3 BR | 5 | $1,328 psf | $1,435,000 |
| 4 BR | 2 | $1,297 psf | $1,920,000 |
Sales Market Overview
PALM MANSIONS has recorded 8 sale transactions with an average transaction price of $1,533,125, ranging from $1,250,000 to $2,080,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,302 psf | $1,275,000 | — |
| 2022 | 1 | $1,384 psf | $1,520,000 | ↑ 6.4% |
| 2023 | 2 | $1,269 psf | $1,750,000 | ↓ 8.3% |
| 2024 | 2 | $1,293 psf | $1,662,500 | ↑ 1.9% |
| 2025 | 1 | $1,548 psf | $1,250,000 | ↑ 19.8% |
| 2026 | 1 | $1,424 psf | $1,395,000 | ↓ 8.0% |
PALM MANSIONS ranks in the top 74% of condos in District 5 by average PSF.
Compared to the RCR average of $2,049 psf, PALM MANSIONS trades 34.2% below the segment benchmark.
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Rental Market Overview
PALM MANSIONS has recorded 50 rental transactions with monthly rents averaging $3,697/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 30 | $3,273/mo | $2,300/mo | $4,300/mo |
| 3 BR | 20 | $4,333/mo | $3,100/mo | $6,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 13 | $2,696/mo |
| 2022 | 10 | $3,575/mo |
| 2023 | 10 | $4,130/mo |
| 2024 | 13 | $4,196/mo |
| 2025 | 4 | $4,550/mo |
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Investment Analysis
Based on average rents and sale prices, PALM MANSIONS delivers an estimated gross rental yield of 2.9%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 MANSIONS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM MANSIONS
- Haw Par Villa MRT
- Kent Ridge MRT
- National University of Singapore
- Dulwich College (Singapore)
- Kent Ridge Secondary School
Nearby MRT Stations
PALM MANSIONS is 970m from Haw Par Villa MRT (Circle Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Haw Par Villa | CC25 | Circle Line | 970m |
| Kent Ridge | CC24 | Circle Line | 1.1 km |
Nearby Schools
There are 5 schools within 2 km of PALM MANSIONS, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| National University of Singapore | Tertiary | 860m |
| Dulwich College (Singapore) | International | 1.5 km |
| Kent Ridge Secondary School | Secondary | 1.7 km |
| Dover Court International School | International | 1.9 km |
| United World College of South East Asia (Dover) | International | 1.9 km |
FAQ
What is the average price for PALM MANSIONS?
What is the rental yield for PALM MANSIONS?
Is PALM MANSIONS 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: 50 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 MANSIONS
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