Palazzetto
Palazzetto is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Rest of Central Region (RCR). Completed in 2003, the development comprises 32 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PALAZZETTO
Over the 12 months to Oct 2023, Palazzetto recorded 12 rental contracts at a median $3,700/mo. Source: URA caveat data, as of Oct 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Oct-23 | $1,348,000 | $1,648 psf | 818 sqft | 06 to 10 | 2BR |
| Sep-22 | $1,368,000 | $1,672 psf | 818 sqft | 06 to 10 | 2BR |
| Jun-22 | $1,310,000 | $1,601 psf | 818 sqft | 01 to 05 | 2BR |
| Apr-22 | $1,338,000 | $1,636 psf | 818 sqft | 06 to 10 | 2BR |
| Dec-21 | $1,318,000 | $1,611 psf | 818 sqft | 01 to 05 | 2BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.