Palm Tree Nines
Palm Tree Nines is a freehold condominium located in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), part of the Outside Central Region (OCR). The development was completed in 1993. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PALM TREE NINES is a freehold condominium at JALAN HAJI SALAM in District 16 (OCR), developed by , completed in 1993.
Location & Connectivity
PALM TREE NINES is approximately 450m from Sungei Bedok MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Sungei Bedok | Thomson-East Coast Line | 450m |
| Bedok South | Thomson-East Coast Line | 780m |
| Tanah Merah | East-West Line | 1 km |
Schools & Education
13 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Bedok View Secondary School | Secondary | 550m |
| Yu Neng Primary School | Primary | 780m |
| Bedok South Secondary School | Secondary | 790m |
| Bedok Green Primary School | Primary | 840m |
| Fengshan Primary School | Primary | 890m |
| Ping Yi Secondary School | Secondary | 1 km |
| Bedok North Secondary School | Secondary | 1.4 km |
| Overseas Family School | International | 1.4 km |
Market Position
PALM TREE NINES has recorded 2 sales at an average price of $2,200,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,345 psf | — |
| 2022 | 1 | $1,345 psf | ↑ 0.0% |
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Price Index Check
The ShiokNest Price Index for District 16 reads 140.4 as of June 2026 — up 8.4% 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 |
|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | $2,551 psf | 551 |
| VELA BAY | 99 years leasehold | $2,869 psf | 372 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | $2,085 psf | 270 |
| THE BAYSHORE | 99-year leasehold | $1,237 psf | 252 |
| THE GLADES | 99 yrs lease commencing from 2013 | $1,614 psf | 231 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- At 33+ 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
Buyers most likely to be happy here: mrt-walkable commuters, car-owning households, long-term hold (10+ yr) and freehold / generational hold. Located ~450m from Sungei Bedok MRT, this property is a comfortable daily walk for transit commuters.
foreign / absd-aware buyers and resort facilities should probably look elsewhere. OCR (Outside Central Region) pricing means meaningful ABSD impact for foreign and PR buyers — model the all-in cost upfront.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
PALM TREE NINES is a freehold development in District 16 (OCR), offering a gross yield of 2.4%.
Explore the full PALM TREE NINES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PALM TREE NINES against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (620m away), an upgrader gap of about $1,550,000
FAQ
What is the average PSF for PALM TREE NINES?
Is PALM TREE NINES freehold?
What is the rental yield for PALM TREE NINES?
Which MRT is nearest to PALM TREE NINES?
Sources & Next Steps
- PALM TREE NINES Dashboard — Live charts and analytics
- URA — Official transaction data
- District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) — District 16 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: 2 transactions
- Rental data: 3 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2022 · 2 records analysed · Source: URA private-sale caveats