Palmwoods
Palmwoods is a 99-year leasehold condominium located in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), part of the Outside Central Region (OCR). Completed in 1999, the development comprises 87 units, on a lease that commenced in 1996. Sale and rental figures on this page are compiled from URA transaction records.
PALMWOODS
Over the 12 months to May 2026, Palmwoods recorded 4 resale transactions at a median $1,259 psf (median price $1,545,000), and 4 rental contracts at a median $3,850/mo, a gross rental yield of 3.0%. Source: URA caveat data, as of May 2026.
Palmwoods's median of $1,259 psf over the trailing 12 months places its pricing below roughly 89% of District 16 condos; resale liquidity has been limited with 4 caveats lodged; the 3.0% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $1,640,000 | $1,270 psf | 1,292 sqft | 01 to 05 | 3BR |
| Dec-25 | $1,080,000 | $1,270 psf | 850 sqft | 01 to 05 | 2BR |
| Sep-25 | $1,680,000 | $1,249 psf | 1,345 sqft | 01 to 05 | 3BR |
| Jul-25 | $1,450,000 | $1,225 psf | 1,184 sqft | 01 to 05 | 3BR |
| May-24 | $1,420,000 | $1,099 psf | 1,292 sqft | 01 to 05 | 3BR |
| Jul-23 | $1,820,000 | $833 psf | 2,185 sqft | 01 to 05 | 5BR |
| Apr-23 | $1,180,000 | $1,006 psf | 1,173 sqft | 01 to 05 | 3BR |
| Feb-23 | $1,200,000 | $1,052 psf | 1,141 sqft | 01 to 05 | 3BR |
Can I afford Palmwoods?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,545,000.
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.