We track 56 sales and 402 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PARC PALAIS dashboard.
- Average sale price: $2,129,468 across 56 transactions
- Estimated gross rental yield: 2.2%
- District 21 PSF ranking: Mid-range (top 55%)
- Freehold tenure · OCR · D21 · 517 units
About PARC PALAIS
PARC PALAIS is a freehold condominium, located at HUME AVENUE in District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park) (Outside Central Region), developed by CITY DEVELOPMENTS LTD, comprising 517 residential units, completed in 2000.
As a freehold property, PARC PALAIS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PARC PALAIS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 36 | $1,543 psf | $1,903,259 |
| 4 BR | 17 | $1,541 psf | $2,263,699 |
| 5+ BR | 3 | $1,502 psf | $4,083,333 |
Sales Market Overview
PARC PALAIS has recorded 56 sale transactions with an average transaction price of $2,129,468, ranging from $1,210,000 to $4,150,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 10 | $1,291 psf | $1,715,940 | — |
| 2022 | 11 | $1,453 psf | $1,858,182 | ↑ 12.6% |
| 2023 | 8 | $1,583 psf | $2,046,989 | ↑ 8.9% |
| 2024 | 12 | $1,639 psf | $2,457,333 | ↑ 3.5% |
| 2025 | 14 | $1,666 psf | $2,405,135 | ↑ 1.7% |
| 2026 | 1 | $1,724 psf | $2,115,000 | ↑ 3.4% |
PARC PALAIS ranks in the top 55% of condos in District 21 by average PSF.
Compared to the OCR average of $1,550 psf, PARC PALAIS trades 0.6% below the segment benchmark.
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Rental Market Overview
PARC PALAIS has recorded 402 rental transactions with monthly rents averaging $3,978/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 103 | $3,246/mo | $1,900/mo | $4,200/mo |
| 3 BR | 256 | $4,029/mo | $2,300/mo | $6,600/mo |
| 4 BR | 43 | $5,424/mo | $2,800/mo | $10,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 71 | $2,855/mo |
| 2022 | 78 | $3,456/mo |
| 2023 | 69 | $4,596/mo |
| 2024 | 79 | $4,369/mo |
| 2025 | 83 | $4,360/mo |
| 2026 | 22 | $4,664/mo |
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Investment Analysis
Based on average rents and sale prices, PARC PALAIS delivers an estimated gross rental yield of 2.2%. 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 PARC PALAIS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PARC PALAIS
- Hume MRT
- Hillview MRT
- Cashew MRT
- Bukit View Primary School
- Princess Elizabeth Primary School
Nearby MRT Stations
PARC PALAIS is 410m from Hume MRT (Downtown Line), with 3 stations within 1.5 km.
Nearby Schools
There are 2 schools within 2 km of PARC PALAIS.
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 1.1 km |
| Princess Elizabeth Primary School | Primary | 1.6 km |
FAQ
What is the average price for PARC PALAIS?
What is the rental yield for PARC PALAIS?
Is PARC PALAIS 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: 56 transactions analysed
- Rental data: 402 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 PARC PALAIS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.