Palm Gardens
Palm Gardens is a 99-year leasehold condominium in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), within Singapore's Outside Central Region (OCR). Completed in 2000, the development comprises 694 units, on a lease that commenced in 1996. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PALM GARDENS
Over the 12 months to Jul 2026, Palm Gardens recorded 23 resale transactions at a median $1,065 psf (median price $1,292,000), and 36 rental contracts at a median $3,800/mo, a gross rental yield of 3.5%. Source: URA caveat data, as of Jul 2026.
Palm Gardens's median of $1,065 psf over the trailing 12 months places its pricing below roughly 89% of District 23 condos; resale liquidity has been active with 23 caveats lodged; the 3.5% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $1,050,000 | $1,096 psf | 958 sqft | 06 to 10 | 3BR |
| Jun-26 | $1,295,000 | $1,065 psf | 1,216 sqft | 11 to 15 | 3BR |
| Jun-26 | $1,260,000 | $1,036 psf | 1,216 sqft | 06 to 10 | 3BR |
| Apr-26 | $995,000 | $1,039 psf | 958 sqft | 01 to 05 | 3BR |
| Apr-26 | $1,650,000 | $1,153 psf | 1,432 sqft | 11 to 15 | 4BR |
| Mar-26 | $1,292,000 | $1,062 psf | 1,216 sqft | 06 to 10 | 3BR |
| Feb-26 | $1,010,000 | $1,054 psf | 958 sqft | 06 to 10 | 3BR |
| Jan-26 | $1,280,000 | $1,062 psf | 1,206 sqft | 06 to 10 | 3BR |
Can I afford Palm Gardens?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,292,000.
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.