Gold Palm Mansions

D15 (OCR)
Avg PSF (12-month)
Rental yield
27 Total units
Category Ratings
Facilities
6.0
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
7.5

Overview & Key Facts

Gold Palm Mansions on Lorong K Telok Kurau in District 15 is a 27-unit boutique condominium with an exceptionally deep rental track record: 103 rental records across 27 units — a 3.8 records-per-unit ratio that represents one of the strongest sustained rental markets among D15 RCR boutique developments in this review cohort. The $3,650 median rent at this rental depth provides high statistical confidence in the development's market demand profile.

The standout school proximity is Telok Kurau Primary School at just 250 metres — the closest primary school ballot position among all Telok Kurau cluster developments reviewed. Chung Cheng High School is 800 metres away. Two TEL and EWL stations are sub-900 metres: Marine Terrace TEL (840m) on the Thomson-East Coast Line and Kembangan EWL (800m) on the East-West Line.

Tenure is unconfirmed and must be verified. Given the 103-rental track record and demonstrated demand depth, the primary due diligence items are tenure verification and building condition assessment rather than rental market viability.

Developer
Tenure
Total units
27
TOP year
District
15 — RCR
Street
LORONG K TELOK KURAU

Location & Connectivity

Lorong K Telok Kurau runs parallel to Lorong H, a short distance north within the Telok Kurau residential estate. The development sits in the heart of the Telok Kurau school catchment zone — Telok Kurau Primary at 250 metres is the nearest school to any development on this street, placing Gold Palm Mansions among the most proximate primary ballot addresses in the D15 estate corridor.

Transit access spans two lines: Kembangan EWL (800m) provides East-West Line services to Bedok, Paya Lebar interchange, and the CBD. Marine Terrace TEL (840m) on the Thomson-East Coast Line adds direct connectivity to Marine Bay, Shenton Way, Orchard, and Woodlands. The dual-line access within sub-900m is a meaningful transit profile for a D15 inland estate address, though the 15-minute walk to either station favours cycling or feeder bus for daily use.

East Coast Primary (1.06km) and Global Indian International School (1.07km) extend the school catchment options for families beyond the Telok Kurau Primary primary ballot. Chung Cheng High School (800m) serves the secondary school planning dimension. The walkability score of 60 reflects the estate character — adequate for local errands, not urban-pedestrian density.


Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Telok Kurau Primary SchoolprimaryWithin 1 km
Chung Cheng High School (Main)secondaryWithin 1 km
East Coast Primary Schoolprimary~1.1 km
Global Indian International School (GIIS East Coast)international~1.1 km
Canossa Catholic Primary Schoolprimary~1.6 km
Tanjong Katong Girls' Schoolsecondary~1.7 km
Canadian International School (Tanjong Katong)international~1.7 km
Temasek Junior Collegejc~1.8 km

Facilities

At 27 units, Gold Palm Mansions is a medium-scale boutique development that can support a pool, gymnasium, and landscaped common areas — a reasonable facility suite for a D15 RCR estate development. Tenure details are unconfirmed, making the building age uncertain, but the 103-rental track record implies the development has been operating successfully for a number of years with consistent tenant appeal.

Buyers should request MCST financial statements and recent AGM minutes to verify sinking fund adequacy and identify any upcoming capital works. The high en-bloc score of 39 is the baseline for boutique developments — this development's 27-unit scale makes collective sale more operationally feasible than the 2- or 5-unit micro-developments elsewhere in this cohort.


Neighbourhood Comparison

Within the Lorong K–H Telok Kurau cluster, Gold Palm Mansions (103 rentals, $3,650 median) has the deepest rental data of any development reviewed in this cluster. First Point Suites (10 rentals, $2,750 median, 2013 vintage, 86yr lease) has a cleaner lease profile. Telok Kurau Lodge (16 rentals, $3,300 median, 64yr — lease-critical) occupies the same neighbourhood tier with an acute lease risk. The wider D15 RCR market is anchored by Grand Dunman and Emerald of Katong at higher PSF tiers — Gold Palm Mansions is the rental-yield-focused boutique alternative for buyers who prioritise data confidence over facilities depth.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
GOLD PALM MANSIONS27
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,462
AMBER PARKFreehold2021592$2,540

ShiokNest Scores

Our proprietary scoring system evaluates GOLD PALM MANSIONS across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
56/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

The Telok Kurau estate draws established Singaporean family households anchored to the Telok Kurau Primary school catchment, East Coast Park lifestyle seekers, and professionals commuting via EWL to the CBD or Paya Lebar. The 103-rental depth confirms Gold Palm Mansions attracts sustained tenant demand across multiple tenant profiles, suggesting genuine locational appeal that transcends any single tenant demographic.


Strengths & Weaknesses

Strengths
  • 103 rental records at $3,650 median — exceptional data depth for a 27-unit D15 development
  • Telok Kurau Primary 250m — closest primary ballot proximity in the Lorong K-H cluster
  • Dual MRT access: Kembangan EWL (800m) + Marine Terrace TEL (840m)
Weaknesses
  • Tenure unconfirmed — must verify with Land Registry before purchase
  • Walkability 60/100 — Telok Kurau estate is car-supplemented; both MRT stations 800m+
  • No sales data — PSF entry pricing requires comparable benchmarking from D15 agents
Best for — Deep Rental Track Record Telok Kurau School Catchment Verify Tenure First

Verdict

Gold Palm Mansions stands out in the Telok Kurau estate cluster for its combination of deep rental data (103 records, 3.8 per unit), Telok Kurau Primary doorstep proximity (250m), and dual EWL+TEL access within 840 metres. The 103-record dataset gives investors rare statistical confidence in the rental market at this address — a foundation for underwriting yield assumptions that most D15 boutique developments cannot provide.

Tenure verification is the essential prerequisite — unknown tenure is a material gap for any pricing analysis. Assuming tenure proves acceptable, Gold Palm Mansions presents a well-evidenced D15 RCR investor and family proposition built on demonstrated rental depth and school catchment quality.

Frequently Asked Questions

What does a 3.8 records-per-unit ratio mean for a D15 RCR boutique development?
It means that over the dataset collection period, the average unit has been rented and re-tenanted approximately 3.8 times — a high turnover indicating consistent rental demand across multiple tenancy cycles, rather than a one-time spike or partial occupancy. This depth of data gives high statistical confidence that the $3,650 median is representative of actual market rent, not an outlier tenancy.
How does Gold Palm Mansions' Telok Kurau Primary proximity compare to other D15 developments?
At 250 metres, Gold Palm Mansions on Lorong K is the closest development to Telok Kurau Primary among the Lorong H-K cluster reviewed. First Point Suites is 540m away; Telok Kurau Lodge is 570m; The Sunny Legend (Lorong H) is 480m. The 250m distance on Lorong K places Gold Palm Mansions inside the closest Phase 2C priority band for non-alumni ballot applicants.