We track 21 sales and 166 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PALM SPRING dashboard.
- Average sale price: $3,612,143 across 21 transactions
- Estimated gross rental yield: 2.2%
- District 10 PSF ranking: Above average (top 44%)
- Freehold tenure · CCR · D10 · 167 units
About PALM SPRING
PALM SPRING is a freehold condominium, located at EWE BOON ROAD in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by WINWISE INVESTMENT PTE LTD (WING TAI), comprising 167 residential units, completed in 1998.
As a freehold property, PALM SPRING does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PALM SPRING:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $2,312 psf | $2,190,000 |
| 3 BR | 5 | $2,146 psf | $2,278,000 |
| 4 BR | 12 | $2,181 psf | $3,840,417 |
| 5+ BR | 3 | $2,039 psf | $5,396,667 |
Sales Market Overview
PALM SPRING has recorded 21 sale transactions with an average transaction price of $3,612,143, ranging from $2,150,000 to $6,250,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 4 | $1,973 psf | $3,627,500 | — |
| 2022 | 4 | $2,103 psf | $2,990,000 | ↑ 6.6% |
| 2023 | 3 | $2,136 psf | $3,468,333 | ↑ 1.6% |
| 2024 | 2 | $2,279 psf | $2,775,000 | ↑ 6.7% |
| 2025 | 7 | $2,259 psf | $4,171,429 | ↓ 0.9% |
| 2026 | 1 | $2,246 psf | $4,230,000 | ↓ 0.6% |
PALM SPRING ranks in the top 44% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, PALM SPRING trades 11.8% below the segment benchmark.
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Rental Market Overview
PALM SPRING has recorded 166 rental transactions with monthly rents averaging $6,720/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 22 | $3,810/mo | $2,800/mo | $4,900/mo |
| 3 BR | 132 | $6,993/mo | $4,200/mo | $10,250/mo |
| 4 BR | 12 | $9,058/mo | $7,100/mo | $11,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 32 | $5,120/mo |
| 2022 | 30 | $5,988/mo |
| 2023 | 33 | $7,632/mo |
| 2024 | 25 | $7,052/mo |
| 2025 | 40 | $7,460/mo |
| 2026 | 6 | $7,583/mo |
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Investment Analysis
Based on average rents and sale prices, PALM SPRING delivers an estimated gross rental yield of 2.2%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 10
Side-by-side comparison against the most actively traded condos in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 666 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | 638 | $2,786 psf | 571 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,861 psf | 438 |
| HYLL ON HOLLAND | Freehold | 319 | $2,648 psf | 327 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 476 | $2,465 psf | 296 |
Location Map
Map shows PALM SPRING (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PALM SPRING
- Newton MRT
- Newton MRT
- Stevens MRT
- Stevens MRT
- Mount Pleasant MRT
- Anglo-Chinese School (Primary)
- Singapore Chinese Girls'
- ISS International School (Preston)
Nearby MRT Stations
PALM SPRING is 730m from Newton MRT (North-South Line), with 9 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Newton | NS21 | North-South Line | 730m |
| Newton | DT11 | Downtown Line | 730m |
| Stevens | DT10 | Downtown Line | 790m |
| Stevens | TE11 | Thomson-East Coast Line | 790m |
| Mount Pleasant | TE10 | Thomson-East Coast Line | 1.3 km |
| Orchard | NS22 | North-South Line | 1.4 km |
| Orchard | TE14 | Thomson-East Coast Line | 1.4 km |
| Novena | NS20 | North-South Line | 1.4 km |
Nearby Schools
There are 16 schools within 2 km of PALM SPRING, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese School (Primary) | Primary | 380m |
| Singapore Chinese Girls' School (Primary) | Primary | 470m |
| ISS International School (Preston) | International | 820m |
| St. Anthony's Primary School | Primary | 890m |
| ISS International School (Paterson) | International | 890m |
| St. Joseph's Institution | Secondary | 970m |
| Chatsworth International School (Orchard) | International | 1.3 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| Nanyang Primary School | Primary | 1.4 km |
| Nanyang Girls' High School | Secondary | 1.4 km |
| Methodist Girls' School | Secondary | 1.4 km |
| Methodist Girls' School (Primary) | Primary | 1.4 km |
FAQ
What is the average price for PALM SPRING?
What is the rental yield for PALM SPRING?
Is PALM SPRING 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: 21 transactions analysed
- Rental data: 166 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 SPRING
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.