We track 2 sales and 51 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM RESIDENCE dashboard.
- Average sale price: $2,045,000 across 2 transactions
- Estimated gross rental yield: 2.0%
- District 21 PSF ranking: Value tier (top 84%)
- Freehold tenure · RCR · D21 · 32 units
About PALM RESIDENCE
PALM RESIDENCE is a freehold condominium, located at JALAN RAJAWALI in District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park) (Rest of Central Region), developed by U-ASIA PTE LTD, comprising 32 residential units, completed in 2005.
As a freehold property, PALM RESIDENCE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PALM RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 1 | $1,540 psf | $1,890,000 |
| 5+ BR | 1 | $757 psf | $2,200,000 |
Sales Market Overview
PALM RESIDENCE has recorded 2 sale transactions with an average transaction price of $2,045,000, ranging from $1,890,000 to $2,200,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $757 psf | $2,200,000 | — |
| 2025 | 1 | $1,540 psf | $1,890,000 | ↑ 103.5% |
PALM RESIDENCE ranks in the top 84% of condos in District 21 by average PSF.
Compared to the RCR average of $2,049 psf, PALM RESIDENCE trades 44% below the segment benchmark.
Loading chart data...
Rental Market Overview
PALM RESIDENCE has recorded 51 rental transactions with monthly rents averaging $3,478/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 50 | $3,472/mo | $2,200/mo | $5,200/mo |
| 4 BR | 1 | $3,800/mo | $3,800/mo | $3,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 9 | $2,717/mo |
| 2022 | 10 | $2,935/mo |
| 2023 | 12 | $3,708/mo |
| 2024 | 10 | $3,900/mo |
| 2025 | 8 | $4,025/mo |
| 2026 | 2 | $3,950/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, PALM RESIDENCE delivers an estimated gross rental yield of 2.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 21
Side-by-side comparison against the most actively traded condos in District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE RESERVE RESIDENCES | 99 yrs lease commencing from 2021 | 892 | $2,494 psf | 722 |
| NAVA GROVE | 99 yrs lease commencing from 2024 | 552 | $2,492 psf | 546 |
| PINETREE HILL | 99 yrs lease commencing from 2022 | 520 | $2,486 psf | 519 |
| KI RESIDENCES AT BROOKVALE | 999 yrs lease commencing from 1885 | 660 | $1,955 psf | 482 |
| FORETT@BUKIT TIMAH | Freehold | 633 | $2,130 psf | 357 |
Location Map
Map shows PALM RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM RESIDENCE
- Beauty World MRT
- Hume MRT
- Anglo-Chinese Junior College
- Ngee Ann Polytechnic
- Henry Park Primary School
Nearby MRT Stations
PALM RESIDENCE is 830m from Beauty World MRT (Downtown Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Beauty World | DT5 | Downtown Line | 830m |
| Hume | DT4 | Downtown Line | 1.2 km |
Nearby Schools
There are 5 schools within 2 km of PALM RESIDENCE.
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese Junior College | Jc | 1.1 km |
| Ngee Ann Polytechnic | Tertiary | 1.4 km |
| Henry Park Primary School | Primary | 1.7 km |
| Bukit View Primary School | Primary | 1.8 km |
| Singapore University of Social Sciences | Tertiary | 1.8 km |
FAQ
What is the average price for PALM RESIDENCE?
What is the rental yield for PALM RESIDENCE?
Is PALM RESIDENCE 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: 2 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 RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.