Palm Grove Condominium
PALM GROVE AVENUE · D19
Median PSF · 12m
S$1,477
Median price · 12m
S$2.09M
Latest sale
S$1.99M
Jun 2026
1-year change
+1.9%
Sales · 12m
4
25 all time
Gross yield
2.64%
5 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +21.0%
- Annualised
- +5.6%
- Transactions
- 25
- 1 year
- +1.9%
- 3 years p.a.
- +1.0%
- 5 years p.a.
- —
- Median size
- 1,496 sqft
Against the neighbourhood
How it compares within D19
Serangoon Gardens, Hougang, Punggol, Sengkang. All figures are medians over the last 12 months for private homes in this district.
| Measure | Palm Grove Condominium | D19 median | Difference |
|---|---|---|---|
| Median PSF | S$1,477 | S$1,670 | -11.6% |
| Median price | S$2.09M | S$1.78M | +17.6% |
| Gross rental yield | 2.64% | 3.01% | -0.4 pts |
| 1-year price change | +1.9% | -4.0% | +5.9 pts |
This development trades about 12% below the D19 median price per square foot.
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$4,300
Contracts · 12m
5
Implied annual rent
S$52K
Gross yield
2.64%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 bedroom | 4 | S$4,400 |
| 1 bedroom | 1 | S$2,800 |
Investment analysis
Investment score 44 / 100
Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.
44/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Liquidityweight 15%82
Transactions in the last 12 months — how easily it trades.
- Supply riskweight 10%46
Upcoming units recorded in the same district. Higher score means less competing supply.
- Valuationweight 22%45
How its median price per square foot compares with its own district.
- Rental yieldweight 20%36
Gross yield against every other development in its segment.
- Locationweight 15%31
Distance to the nearest rail station, plus schools within 1 km. Nearest is Kovan MRT at 710 m.
- Price momentumweight 18%30
Three-year annualised change in median PSF, or one year where three is unavailable.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Kovan MRT710 m
- Serangoon North MRT1.2 km
- Serangoon MRT1.3 km
- Serangoon Interchange MRT1.3 km
Schools within 2 km
- Peicai Secondary Schoolsecondary (s1-s5)940 m
- Zhonghua Primary Schoolprimary1.0 km
- Anderson Serangoon Junior Collegejunior college1.1 km
- Bowen Secondary Schoolsecondary (s1-s5)1.1 km
- Paya Lebar Methodist Girls' School (Secondary)secondary (s1-s5)1.3 km
- Xinmin Primary Schoolprimary1.3 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- JANSEN HOUSEMequity GS Pte Ltd21 units220 m
- Chuan ParkChuan Park Development Pte Ltd · TOP 2027916 units1.7 km
- CHUAN PARKChuan Park Development Pte. Ltd.916 units1.7 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jun 2026 | Condominium | S$1,988,000 | 1,302 sqft | S$1,526 | 01-05 | — |
| Feb 2026 | Condominium | S$2,200,000 | 1,410 sqft | S$1,560 | 01-05 | — |
| Dec 2025 | Condominium | S$2,750,000 | 1,927 sqft | S$1,427 | 01-05 | — |
| Oct 2025 | Condominium | S$950,000 | 678 sqft | S$1,401 | 01-05 | — |
| Jun 2025 | Condominium | S$1,918,000 | 1,302 sqft | S$1,473 | 01-05 | — |
| Apr 2025 | Condominium | S$2,650,000 | 1,927 sqft | S$1,375 | 01-05 | — |
| Apr 2025 | Condominium | S$2,100,000 | 1,399 sqft | S$1,501 | 01-05 | — |
| Nov 2024 | Condominium | S$1,980,000 | 1,389 sqft | S$1,426 | 01-05 | — |
| Sep 2024 | Condominium | S$2,760,000 | 1,927 sqft | S$1,432 | 01-05 | — |
| Jul 2024 | Condominium | S$2,390,000 | 1,496 sqft | S$1,597 | 01-05 | — |
| Jul 2024 | Condominium | S$2,228,000 | 1,496 sqft | S$1,489 | 01-05 | — |
| Apr 2024 | Condominium | S$2,200,000 | 1,410 sqft | S$1,560 | 01-05 | — |
| Feb 2024 | Condominium | S$2,250,000 | 1,593 sqft | S$1,412 | 01-05 | — |
| Aug 2023 | Condominium | S$2,200,000 | 1,496 sqft | S$1,470 | 01-05 | — |
| Aug 2023 | Condominium | S$2,048,000 | 1,345 sqft | S$1,522 | 01-05 | — |
| Aug 2023 | Condominium | S$1,860,000 | 1,292 sqft | S$1,440 | 01-05 | — |
| May 2023 | Condominium | S$900,000 | 678 sqft | S$1,327 | 01-05 | — |
| Mar 2023 | Condominium | S$2,000,000 | 1,399 sqft | S$1,429 | 01-05 | — |
| Nov 2022 | Condominium | S$1,888,000 | 1,399 sqft | S$1,349 | 01-05 | — |
| Jun 2022 | Condominium | S$2,200,000 | 1,615 sqft | S$1,363 | 01-05 | — |
| Jun 2022 | Condominium | S$2,100,000 | 1,841 sqft | S$1,141 | 01-05 | — |
| Jun 2022 | Condominium | S$1,980,000 | 1,496 sqft | S$1,323 | 01-05 | — |
| Nov 2021 | Condominium | S$2,438,000 | 1,841 sqft | S$1,325 | 01-05 | — |
| Nov 2021 | Condominium | S$2,000,000 | 1,615 sqft | S$1,239 | 01-05 | — |
| Nov 2021 | Condominium | S$1,888,000 | 1,496 sqft | S$1,262 | 01-05 | — |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Palm Haven
S$1,461
+4.4%2 sales3.2% yield
Palm Grove Regency
S$1,115
—2 sales2.8% yield
Landed Housing Development
S$1,989
—1 sales2.1% yield
Glasgow Residence
S$1,483
+2.3%2 sales3.9% yield
Landed Housing Development
S$1,833
+26.2%12 sales1.9% yield
Isuites @ Palm
S$1,342
-14.0%2 sales4.2% yield
Landed Housing Development
S$1,146
-31.6%3 sales1.1% yield
Residences @ Jansen
S$1,381
+6.3%1 sales2.0% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.