We track 12 sales and 54 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PARADISE PALMS dashboard.
- Average sale price: $1,850,000 across 12 transactions
- Estimated gross rental yield: 2.7%
- District 15 PSF ranking: Above average (top 30%)
- Freehold tenure · RCR · D15 · 58 units
About PARADISE PALMS
PARADISE PALMS is a freehold condominium, located at DUNMAN ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by OEB PROPERTIES PTE LTD, comprising 58 residential units, completed in 2003.
As a freehold property, PARADISE PALMS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PARADISE PALMS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 4 | $1,724 psf | $1,577,500 |
| 3 BR | 8 | $1,722 psf | $1,986,250 |
Sales Market Overview
PARADISE PALMS has recorded 12 sale transactions with an average transaction price of $1,850,000, ranging from $1,500,000 to $2,330,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,483 psf | $1,707,500 | — |
| 2022 | 6 | $1,707 psf | $1,764,167 | ↑ 15.1% |
| 2024 | 1 | $1,737 psf | $2,000,000 | ↑ 1.7% |
| 2025 | 3 | $1,911 psf | $2,066,667 | ↑ 10.0% |
PARADISE PALMS ranks in the top 30% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, PARADISE PALMS trades 15.9% below the segment benchmark.
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Rental Market Overview
PARADISE PALMS has recorded 54 rental transactions with monthly rents averaging $4,137/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 13 | $3,412/mo | $2,800/mo | $3,800/mo |
| 3 BR | 41 | $4,367/mo | $2,750/mo | $5,450/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 9 | $3,072/mo |
| 2022 | 9 | $3,909/mo |
| 2023 | 13 | $4,546/mo |
| 2024 | 9 | $4,072/mo |
| 2025 | 11 | $4,583/mo |
| 2026 | 3 | $4,800/mo |
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Investment Analysis
Based on average rents and sale prices, PARADISE PALMS delivers an estimated gross rental yield of 2.7%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows PARADISE PALMS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PARADISE PALMS
- Tanjong Katong MRT
- Dakota MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Eunos MRT
- Haig Girls'
- Tanjong Katong Primary School
- Tao Nan School
Nearby MRT Stations
PARADISE PALMS is 660m from Tanjong Katong MRT (Thomson-East Coast Line), with 7 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 660m |
| Dakota | CC8 | Circle Line | 770m |
| Paya Lebar | EW8 | East-West Line | 880m |
| Paya Lebar | CC9 | Circle Line | 880m |
| Eunos | EW7 | East-West Line | 1.4 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.4 km |
| Mountbatten | CC7 | Circle Line | 1.5 km |
Nearby Schools
There are 13 schools within 2 km of PARADISE PALMS, including 10 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Haig Girls' School | Primary | 50m |
| Tanjong Katong Primary School | Primary | 440m |
| Tao Nan School | Primary | 460m |
| Broadrick Secondary School | Secondary | 570m |
| EtonHouse International School (Broadrick) | International | 570m |
| Tanjong Katong Girls' School | Secondary | 630m |
| Canadian International School (Tanjong Katong) | International | 670m |
| Kong Hwa School | Primary | 780m |
| CHIJ (Katong) Primary | Primary | 820m |
| Geylang Methodist School (Secondary) | Secondary | 890m |
| Canossa Catholic Primary School | Primary | 1.1 km |
| Geylang Methodist School (Primary) | Primary | 1.1 km |
FAQ
What is the average price for PARADISE PALMS?
What is the rental yield for PARADISE PALMS?
Is PARADISE PALMS 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: 12 transactions analysed
- Rental data: 54 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 PARADISE PALMS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.