Palm Grove Condominium
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Palm Grove Condominium is a 999-year leasehold condominium in the Outside Central Region (OCR). Completed in 2002, the development comprises 111 units, on a lease that commenced in 1878. Sale and rental figures on this page are compiled from URA transaction records.
PALM GROVE CONDOMINIUM
Over the 12 months to Jun 2026, Palm Grove Condominium recorded 4 resale transactions at a median $1,477 psf (median price $2,094,000), and 13 rental contracts at a median $4,500/mo, a gross rental yield of 2.6%. Source: URA caveat data, as of Jun 2026.
Palm Grove Condominium's median of $1,477 psf over the trailing 12 months places its pricing below roughly 52% of District 19 condos; resale liquidity has been limited with 4 caveats lodged; the 2.6% gross rental yield sits below 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 |
|---|---|---|---|---|---|
| Jun-26 | $1,988,000 | $1,526 psf | 1,302 sqft | 01 to 05 | 3BR |
| Feb-26 | $2,200,000 | $1,560 psf | 1,410 sqft | 01 to 05 | 4BR |
| Dec-25 | $2,750,000 | $1,427 psf | 1,927 sqft | 01 to 05 | 5BR |
| Oct-25 | $950,000 | $1,401 psf | 678 sqft | 01 to 05 | 1BR |
| Jun-25 | $1,918,000 | $1,473 psf | 1,302 sqft | 01 to 05 | 3BR |
| Apr-25 | $2,650,000 | $1,375 psf | 1,927 sqft | 01 to 05 | 5BR |
| Apr-25 | $2,100,000 | $1,501 psf | 1,399 sqft | 01 to 05 | 4BR |
| Nov-24 | $1,980,000 | $1,426 psf | 1,389 sqft | 01 to 05 | 4BR |
Can I afford Palm Grove Condominium?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,094,000.
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.