Palm Galleria

D15 (OCR) Freehold
District 15 ·Freehold ·Completed 2010
~$1,198 Avg PSF (12-month)
2.8% Rental yield
40 Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.0
MRT accessibility
6.5
Lease remaining
9.5

Overview & Key Facts

Palm Galleria is a small freehold boutique apartment development tucked along Lorong K Telok Kurau, in the heart of the Telok Kurau / Siglap enclave that forms part of District 15 — Singapore’s East Coast. Developed by World Class Land Pte Ltd (the property arm of the Aspial Group) and completed in 2010, the project is intentionally compact: just 40 units across a single low-rise block, on a plot bordered by landed housing and other boutique condos.

Unlike the mega-launches that dominate the current Marine Parade skyline, Palm Galleria belongs to a quieter generation of East Coast freeholds — the kind of low-profile, low-density project that trades on location, tenure, and neighbourhood character rather than resort-scale facilities. The development sits on a freehold title, a meaningful advantage in a district where 99-year mega-launches like Grand Dunman and Emerald of Katong now push PSF well above S$2,500.

With only 40 units, Palm Galleria is boutique in both scale and transaction volume — just 13 resale transactions have been recorded across its history, with an average PSF of around S$1,364 over the last 12 months. That is roughly half the PSF of the new leasehold launches 500 metres away, which frames the core buyer question cleanly: is the freehold tenure and quieter enclave worth giving up facilities, unit count, and MRT proximity?

Developer
WORLD CLASS LAND PTE LTD
Tenure
Freehold
Total units
40
TOP year
2010
District
15 — OCR
Street
LORONG K TELOK KURAU

Location & Connectivity

Palm Galleria sits on Lorong K Telok Kurau, a narrow side road that branches off Telok Kurau Road between Marine Parade and Siglap. The immediate surroundings are a patchwork of two-storey landed houses, low-rise walk-up apartments, and a scatter of boutique condos — a neighbourhood character that has persisted for decades and is unlikely to change dramatically given the predominance of landed zoning nearby.

For MRT access, the newly opened Marine Terrace MRT on the Thomson-East Coast Line is the closest station at approximately 690 metres — roughly a 9-10 minute walk. Kembangan MRT on the East-West Line sits at 920 metres, and Eunos is about 1.28 km away. That means Palm Galleria is walkable to rail, but not “at the doorstep” in the way a buyer of Grand Dunman or Emerald of Katong would expect. The TEL opening has materially improved the equation compared to five years ago, when the nearest stations were all on the East-West Line.

For drivers, the location is strong. The East Coast Parkway (ECP) is a short drive away, putting the CBD within 15–20 minutes in off-peak conditions. Changi Airport is under 15 minutes by car. The Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE) are accessible via Still Road and Tanjong Katong Road respectively.

Everyday amenities are one of this neighbourhood’s strongest suits. Parkway Parade, one of Singapore’s longest-standing suburban malls, is about 1.5 km west and houses a FairPrice Xtra, Giant, cinemas, and a broad F&B selection. The Siglap / Frankel shopping cluster is five minutes east, while East Coast Park — arguably Singapore’s most-loved seaside park — is within cycling distance via the Siglap Park Connector. For hawker fare, 84 Marine Parade Central, Dunman Food Centre, and the legendary Geylang Serai Market & Food Centre are all short drives away.

Enclave character
Telok Kurau & Siglap remain among the East Coast’s most residential, low-rise pockets — defined by tree-lined streets, landed housing, and boutique condos rather than mega-developments. For buyers who value quiet and a sense of neighbourhood over facility breadth, this is a genuine draw and one reason freehold stock here holds value well.

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)secondary~1.1 km
Canossa Catholic Primary Schoolprimary~1.3 km
Tanjong Katong Girls' Schoolsecondary~1.3 km
Canadian International School (Tanjong Katong)international~1.3 km
East Coast Primary Schoolprimary~1.4 km
Global Indian International School (GIIS East Coast)international~1.4 km
Broadrick Secondary Schoolsecondary~1.4 km

Facilities

Boutique developments trade facility breadth for scale and privacy, and Palm Galleria is no exception. With only 40 units, residents can expect the standard boutique-condo amenity set: a lap pool, basic gym, BBQ pits, a children’s play area, and visitor parking. There is no clubhouse, no tennis court, and no function room programme comparable to what a 500–1,000-unit development would offer.

What boutique buildings do deliver in return is the inverse of the mega-condo experience: short waits for the pool, a near-empty gym at most hours, and a communal vibe where residents tend to recognise one another. There is no “weekend crowding” of facilities, a chronic complaint in larger developments. Maintenance fees for small developments are typically also more predictable, as there are fewer big-ticket amenities requiring periodic replacement.

Set expectations correctly
Buyers moving from mega-developments or HDB upgraders seeking resort-style facilities will find Palm Galleria minimalist. The value proposition here is not facilities — it is freehold tenure, a quiet enclave, and a small resident community. If facilities rank high on your list, the new launches on Dunman Road are the more natural comparison point, at a 60–80% PSF premium.

For residents who want serious sporting amenities, the proximity of East Coast Park (cycling, running, water sports) partially offsets the limited in-compound options. Several private gyms, swimming complexes (Marine Parade Community Club, Katong Swimming Complex), and sports clubs are within a 5–10 minute drive.


Unit Sizes & Layout

Palm Galleria’s 40 units cover a mix of 1-bedroom, 2-bedroom, and 3-bedroom layouts typical of late-2000s boutique East Coast developments. The transaction record is thin given the small unit count — only 13 sales in the secondary market since TOP in 2010 — but the recorded prices range from smaller 1-BR entries to larger 3-BR family units, with a median sale price of around S$1.31 million and a 12-month average of roughly S$1,364 psf.

Because of the small floorplate, most stacks enjoy reasonable cross-ventilation and natural light, which is a genuine advantage in Singapore’s tropical climate. Units at the upper floors of the block pick up some elevated views of the surrounding low-rise enclave — not dramatic skyline panoramas, but pleasantly green, unobstructed outlooks over landed rooftops and tree canopies. Lower-floor units trade view for quicker ground access.

Size vs new-launch comparison
Palm Galleria’s 2009–2010-era layouts were designed before the “shoebox” era compressed unit sizes. Buyers comparing a 2-BR here against a new launch 2-BR on Dunman Road or Amber Road will generally find Palm Galleria’s units meaningfully larger on a sqft basis — a real lifestyle advantage that rarely shows up in headline PSF comparisons.

Interior fittings will reflect the boutique mid-2000s spec of the time, so most resale buyers should budget for at least a kitchen and bathroom refresh. The building envelope and common areas appear to have been reasonably maintained, though the limited MCST budget typical of 40-unit developments means large-scale upgrades are unlikely.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR2$1,353$670,000
2 BR3$1,308$1,126,667
3 BR3$1,331$1,368,667
4 BR2$1,286$2,240,000
5 BR3$1,028$2,456,000

Pricing & Market Position

Based on 13 recorded transactions, sale prices range from $660,000 to $3,030,000, averaging $1,590,308 (~$1,198 psf).

Rents range from $1,900 to $4,800 per month across 42 rental transactions. Current rental yield sits at approximately 2.8%.


Price Appreciation

From 2021 to 2025, the average PSF has appreciated by 6.8% (from $1,278 to $1,364 psf).

2023
+30.3%
$1,348 psf
2024
+1%
$1,363 psf
2025
+0.1%
$1,364 psf

Neighbourhood Comparison

The competitive set for Palm Galleria splits cleanly into two groups. On one side are the high-profile new launches within walking distance: Grand Dunman (99-year, ~$2,537 psf, 1,008 units), Emerald of Katong (99-year, ~$2,640 psf, 846 units), Tembusu Grand (99-year, ~$2,462 psf, 638 units), and the freehold The Continuum (~$2,790 psf, 816 units) and Amber Park (freehold, ~$2,538 psf). All of these trade at an 80–100%+ PSF premium to Palm Galleria, reflecting fresh TOP timelines, brand-new facilities, full condo scale, and in several cases direct MRT adjacency.

On the other side are older boutique freeholds in the same Telok Kurau / Siglap pocket. Against these peers, Palm Galleria is broadly in line on PSF and comparable on tenure, but varies on facility breadth, block age, and unit mix. Buyers in this sub-segment generally prioritise the specific orientation and renovation state of individual stacks over headline development differences, since all these projects share the same enclave DNA.

The pragmatic take: if you can stretch to a new launch psf and want the amenity package, Grand Dunman or Emerald of Katong deliver that decisively. If you specifically want freehold at under S$1,500 psf in D15 — a genuinely scarce profile — Palm Galleria belongs on the shortlist alongside the handful of comparable boutique peers in Telok Kurau and Siglap.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
PALM GALLERIAFreehold201040$1,198
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$2,544

ShiokNest Scores

Our proprietary scoring system evaluates PALM GALLERIA 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
Investment
59/100
+0.1% YoY ·5.1% yield ·2 txns/yr ·Freehold ·0.69 km to MRT ·-8.8% district YoY ·En-bloc 40/100
Profitability
48/100
Win rate: 67 — 3 transaction pairs, 67% profitable, avg +$305,333
En-Bloc Potential
40/100
Verdict: Moderate
Overall ShiokNest Score
40/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

Because Palm Galleria is a 40-unit boutique development, it attracts limited coverage on the major review platforms compared to the high-density launches nearby. Public listings on PropertyGuru and 99.co describe a low-density freehold in a quiet residential pocket, with generally positive sentiment around neighbourhood character and negative notes around dated interior fittings in un-renovated units.

What to verify on a viewing
For a small development of this age, due diligence at the viewing is especially important: (1) request the last two years of MCST minutes to understand maintenance reserves and any upcoming sinking-fund projects; (2) check sinking fund balance against block age — roofs, lifts, and pumps come up for replacement around the 15–20-year mark; (3) inspect for any West Sun issue in afternoon-facing units; (4) confirm any renovation works on the subject unit, as lived-in 2010-vintage fittings are rarely move-in ready.

The EdgeProp transaction history — thin but positive — shows that owners who held through the 2013–2017 soft patch have broadly seen price recovery, with the more recent PSF trending upward from $1,035 psf to $1,364 psf over the latest data window. That is consistent with a quiet, slow-moving boutique that appreciates with the broader district rather than leading it.


Strengths & Weaknesses

Strengths
  • Freehold tenure — genuinely scarce at this PSF in District 15
  • Quiet, low-density Telok Kurau enclave with mature landed surrounds
  • Marine Terrace MRT (TEL) now ~690m away — materially improved transit
  • Meaningful PSF discount (~45%) vs nearby new launches
  • Easy access to ECP, CBD in 15–20 min, airport in under 15 min
  • Walkable to Parkway Parade, Siglap / Frankel shops, East Coast Park
  • Telok Kurau Primary School within 140m — strong P1 balloting odds
  • Larger pre-shoebox-era unit layouts vs new-launch equivalents
  • Small 40-unit community — no facility crowding, low-density feel
  • Eastern district character with F&B, hawker fare, beach access
Weaknesses
  • Minimal facilities vs mega-developments (no clubhouse, tennis, etc.)
  • Thin transaction liquidity — only 13 resale sales since TOP
  • Modest 2.75% gross yield — below D15 leasehold averages
  • 40-unit MCST has limited budget for large-scale upgrades
  • Interior fittings typically dated — renovation spend expected
  • En-bloc upside constrained (score 40/100) given small site
  • ShiokNest score 40/100 reflects scale + yield + facilities mix
  • Not walking-distance to an MRT interchange (single-line TEL access)
  • Older block envelope vs brand-new launches 500m away
Best for — Freehold-first own-stay buyers East Coast lifestyle seekers Families (Telok Kurau Pri within 140m) Low-density / boutique preference Downsizers from landed nearby Car-owning households Rental yield investors Facility-maximising upgraders Short-horizon flippers

Verdict

Palm Galleria is a niche product with a clear buyer profile. Its core strengths — freehold tenure, a quiet Telok Kurau enclave, decent Thomson-East Coast Line access via Marine Terrace, and a meaningful PSF gap against the new launches on Dunman and Amber Roads — make it a sensible pick for own-stay buyers who want East Coast district addressing without paying the new-launch premium. The top 1 km primary school options around Tanjong Katong and Telok Kurau Primary add a family-use dimension.

The weaknesses are structural rather than fixable. Facilities are boutique-basic. Rental yield at roughly 2.75% is on the thin side for a D15 asset. The 40-unit scale means thin transaction liquidity — buyers should expect longer time-on-market both on entry and exit, and price discovery is less efficient than at 500+ unit developments. The en-bloc picture (score 40/100) is muted given the small site and freehold status, which cuts both ways: you keep the tenure, but the collective-sale upside is limited.

For investors focused on capital gains in a 5–7 year window, the Dunman / Amber new launches offer clearer catalysts via the ongoing Marine Parade rejuvenation. For own-stay buyers who specifically want freehold, low-density, and a well-established enclave address at a workable PSF, Palm Galleria is one of a dwindling number of options that still prices below S$1,400 psf in this sub-market.

Frequently Asked Questions

Is Palm Galleria freehold?
Yes. Palm Galleria is a freehold development, completed in 2010 by World Class Land Pte Ltd. Freehold tenure is increasingly scarce in District 15, where most new launches are 99-year leasehold.
How far is Palm Galleria from the nearest MRT station?
Marine Terrace MRT on the Thomson-East Coast Line (TEL) is approximately 690m away — about a 9-10 minute walk. Kembangan MRT on the East-West Line sits at 920m, and Eunos MRT is 1.28km away.
What is the average PSF at Palm Galleria?
Based on the latest 12 months of transactions, the average PSF is approximately S$1,364. The median sale price across recorded transactions is around S$1.31 million, with an average of S$1,590,308.
What schools are within 1 km of Palm Galleria?
Telok Kurau Primary School is the closest at just 140m. Other nearby schools include Chung Cheng High School (Main) at 1.12km, Canossa Catholic Primary School (1.27km), Tanjong Katong Girls' School (1.33km), and the Canadian International School (Tanjong Katong) at 1.34km.
How does Palm Galleria compare to Grand Dunman or Emerald of Katong?
Palm Galleria trades at roughly S$1,364 psf vs S$2,500+ psf for Grand Dunman and Emerald of Katong — a 45%+ discount. The trade-off: Palm Galleria is freehold but boutique (40 units, minimal facilities); the new launches are 99-year leasehold with full mega-condo amenities and closer MRT access.
What is the rental yield at Palm Galleria?
Gross rental yield is approximately 2.75%, with an average rent of S$3,180/month and a median of S$3,000/month across 41 recorded rental transactions. This is on the lower end for District 15 and reflects the freehold (not leasehold) PSF base.