Palm Grove Terrace
D19 (OCR)
999 yrs lease commencing from 1878
Palm Grove Terrace is a 999-year leasehold terrace house located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). The development was completed in 1998 and comprises 23 units, on a lease that commenced in 1878. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Landed SPI
157.2
+1.35% MoM · +8.64% YoY
June 2026
48/100
81/100
26/100
5.1
Total Units23
TOP Year1998
PALM GROVE TERRACE
Total Units23
TOP Year1998
DeveloperPALM GROVE DEVELOPMENT PTE LTD
Tenure999 yrs lease commencing from 1878
DistrictD19 · OCR
5.1
ShiokNest Score
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.