Paradise Palms
Paradise Palms is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Rest of Central Region (RCR). The development was completed in 2003 and comprises 58 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PARADISE PALMS
Over the 12 months to May 2026, Paradise Palms recorded 2 resale transactions at a median $1,988 psf (median price $2,354,000), and 9 rental contracts at a median $4,900/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of May 2026.
Paradise Palms's median of $1,988 psf over the trailing 12 months places its pricing above roughly 72% of District 15 condos; resale liquidity has been limited with 2 caveats lodged; the 2.5% gross rental yield sits below 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 | $2,538,000 | $2,144 psf | 1,184 sqft | 06 to 10 | 3BR |
| Jul-25 | $2,170,000 | $1,833 psf | 1,184 sqft | 01 to 05 | 3BR |
| Apr-25 | $2,330,000 | $2,042 psf | 1,141 sqft | 06 to 10 | 3BR |
| Apr-25 | $1,700,000 | $1,858 psf | 915 sqft | 06 to 10 | 2BR |
| Feb-24 | $2,000,000 | $1,737 psf | 1,152 sqft | 06 to 10 | 3BR |
| Nov-22 | $1,580,000 | $1,727 psf | 915 sqft | 01 to 05 | 2BR |
| Nov-22 | $2,075,000 | $1,802 psf | 1,152 sqft | 11 to 15 | 3BR |
| Sep-22 | $1,850,000 | $1,621 psf | 1,141 sqft | 01 to 05 | 3BR |
Can I afford Paradise Palms?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,354,000.
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.