Palm Lodge
Palm Lodge is a freehold condominium located in District 14 (Geylang, Eunos), part of the Rest of Central Region (RCR). Completed in 1992, the development comprises 56 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PALM LODGE is a freehold condominium at LORONG 37 GEYLANG in District 14 (RCR), developed by LKN DEVELOPMENT PTE LTD, comprising 56 units, completed in 1992.
Location & Connectivity
PALM LODGE is approximately 450m from Paya Lebar MRT station, with 9 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Paya Lebar | East-West Line | 450m |
| Paya Lebar | Circle Line | 450m |
| Dakota | Circle Line | 770m |
| Aljunied | East-West Line | 780m |
| MacPherson | Circle Line | 1.3 km |
| MacPherson | Downtown Line | 1.3 km |
Schools & Education
16 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Kong Hwa School | Primary | 60m |
| Geylang Methodist School (Secondary) | Secondary | 390m |
| Geylang Methodist School (Primary) | Primary | 530m |
| Haig Girls' School | Primary | 840m |
| One World International School (Mountbatten) | International | 1.1 km |
| Tanjong Katong Primary School | Primary | 1.3 km |
| Tao Nan School | Primary | 1.3 km |
| Macpherson Primary School | Primary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 2 | $1,348 psf | $1,669,000 |
| 4 BR | 3 | $1,156 psf | $1,816,667 |
Market Position
PALM LODGE has recorded 5 sales at an average price of $1,757,600.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,004 psf | — |
| 2022 | 1 | $1,178 psf | ↑ 17.3% |
| 2024 | 2 | $1,325 psf | ↑ 12.5% |
| 2026 | 1 | $1,333 psf | ↑ 0.6% |
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The latest reading marks the highest point in this series — PALM LODGE prices have climbed 32.7% since 2021.
Price Index Check
The ShiokNest Price Index for District 14 reads 119.9 as of June 2026 — down 6.9% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PARC ESTA | 99 yrs lease commencing from 2018 | $2,188 psf | 496 |
| SIMS URBAN OASIS | 99 yrs lease commencing from 2014 | $1,766 psf | 375 |
| PENROSE | 99 yrs lease commencing from 2019 | $1,933 psf | 359 |
| EUHABITAT | 99 yrs lease commencing from 2010 | $1,331 psf | 244 |
| THE ANTARES | 99 yrs lease commencing from 2018 | $1,835 psf | 230 |
What Could Work Against You
- With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 56-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 34+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters, cbd walking distance, p1 school balloting families and yield-focused investors. Located ~454m from Paya Lebar MRT, this property is a comfortable daily walk for transit commuters.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 1992 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
PALM LODGE is a freehold development in District 14 (RCR), with 56 units, offering a gross yield of 3.0%.
At ~$1,333 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full PALM LODGE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PALM LODGE against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (270m away), an upgrader gap of about $1,000,000
- Kallang/whampoa — 4-room average $882,887 (1.5 km away), an upgrader gap of about $850,000
FAQ
What is the average PSF for PALM LODGE?
Is PALM LODGE freehold?
What is the rental yield for PALM LODGE?
Which MRT is nearest to PALM LODGE?
Sources & Next Steps
- PALM LODGE Dashboard — Live charts and analytics
- URA — Official transaction data
- District 14 (Geylang, Eunos) — District 14 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 5 transactions
- Rental data: 70 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 5 records analysed · Source: URA private-sale caveats