Palm Vista
Located in District 15 (Joo Chiat, Amber Road, Katong), Palm Vista is a freehold condominium in the Outside Central Region (OCR). Completed in 2010, the development comprises 32 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PALM VISTA is a freehold condominium at LORONG G TELOK KURAU in District 15 (OCR), developed by WORLD CLASS LAND PTE LTD, comprising 32 units, completed in 2010.
Location & Connectivity
PALM VISTA is approximately 540m from Kembangan MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Kembangan | East-West Line | 540m |
| Eunos | East-West Line | 780m |
| Marine Terrace | Thomson-East Coast Line | 1.3 km |
Schools & Education
13 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 650m |
| Canossa Catholic Primary School | Primary | 890m |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| Canadian International School (Tanjong Katong) | International | 1.4 km |
| Broadrick Secondary School | Secondary | 1.5 km |
| EtonHouse International School (Broadrick) | International | 1.5 km |
| Chung Cheng High School (Main) | Secondary | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.6 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,519 psf | $1,308,000 |
| 3 BR | 3 | $1,398 psf | $1,416,667 |
| 4 BR | 1 | $1,475 psf | $2,080,000 |
| 5+ BR | 2 | $1,365 psf | $2,630,000 |
Market Position
PALM VISTA has recorded 8 sales at an average price of $1,775,750.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at PALM VISTA typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 2 BR | $2,567/mo | $1,308,000 | 2.36% | $196/mo |
| 3 BR | $3,706/mo | $1,416,667 | 3.14% | $262/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,060 psf | — |
| 2022 | 2 | $1,258 psf | ↑ 18.7% |
| 2023 | 2 | $1,566 psf | ↑ 24.5% |
| 2024 | 2 | $1,511 psf | ↓ 3.5% |
| 2025 | 1 | $1,705 psf | ↑ 12.8% |
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PALM VISTA prices sit at a fresh series high after a 12.8% gain on the prior period, now 60.8% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% 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 |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 32 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households, international school families, long-term hold (10+ yr) and freehold / generational hold. At ~543m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
PALM VISTA is a freehold development in District 15 (OCR), with 32 units, offering a gross yield of 2.4%.
At ~$1,705 psf, it represents a competitive entry point in the OCR segment.
Explore the full PALM VISTA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PALM VISTA against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (660m away), an upgrader gap of about $1,100,000
- Geylang — 4-room average $761,443 (680m away), an upgrader gap of about $1,000,000
- Marine Parade — 4-room average $648,065 (1.3 km away), an upgrader gap of about $1,150,000
FAQ
What is the average PSF for PALM VISTA?
Is PALM VISTA freehold?
What is the rental yield for PALM VISTA?
Which MRT is nearest to PALM VISTA?
Sources & Next Steps
- PALM VISTA Dashboard — Live charts and analytics
- URA — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 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: 8 transactions
- Rental data: 30 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2025 · 8 records analysed · Source: URA private-sale caveats