Palmera East
Palmera East is a freehold condominium in District 14 (Geylang, Eunos), within Singapore's Outside Central Region (OCR). The development was completed in 2012 and comprises 32 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PALMERA EAST is a freehold condominium at LORONG MELAYU in District 14 (OCR), developed by WORLD CLASS PROPERTY (TELOK KURAU) PTE LTD, comprising 32 units, completed in 2012.
Location & Connectivity
PALMERA EAST is approximately 310m from Kembangan MRT station, with 2 stations within 1.5 km.
Schools & Education
10 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 970m |
| Canossa Catholic Primary School | Primary | 1 km |
| Chung Cheng High School (Main) | Secondary | 1.6 km |
| Tanjong Katong Girls' School | Secondary | 1.7 km |
| Canadian International School (Tanjong Katong) | International | 1.8 km |
| Broadrick Secondary School | Secondary | 1.8 km |
| EtonHouse International School (Broadrick) | International | 1.8 km |
| East Coast Primary School | Primary | 1.9 km |
Market Position
PALMERA EAST has recorded 3 sales at an average price of $715,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2022 | 1 | $1,579 psf | — |
| 2024 | 1 | $1,661 psf | ↑ 5.1% |
| 2025 | 1 | $1,742 psf | ↑ 4.9% |
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The latest reading marks the highest point in this series — PALMERA EAST prices have climbed 10.3% since 2022.
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 32-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, quiet sanctuary seekers and yield-focused investors. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
Verdict
PALMERA EAST is a freehold development in District 14 (OCR), with 32 units, offering a gross yield of 4.7%.
At ~$1,742 psf, it represents a competitive entry point in the OCR segment.
Explore the full PALMERA EAST dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PALMERA EAST against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (260m away), an upgrader gap of about $50,000
- Geylang — 4-room average $761,443 (600m away)
- Marine Parade — 4-room average $648,065 (1.7 km away), an upgrader gap of about $50,000
FAQ
What is the average PSF for PALMERA EAST?
Is PALMERA EAST freehold?
What is the rental yield for PALMERA EAST?
Which MRT is nearest to PALMERA EAST?
Sources & Next Steps
- PALMERA EAST 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: 3 transactions
- Rental data: 81 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 3 records analysed · Source: URA private-sale caveats