Palmera Residence
LORONG N TELOK KURAU · D15
Median PSF · 12m
—
Median price · 12m
—
Latest sale
S$2.45M
Apr 2024
1-year change
—
Sales · 12m
0
7 all time
Gross yield
—
6 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
- +4.8%
- Annualised
- +3.1%
- Transactions
- 7
- 1 year
- —
- 3 years p.a.
- —
- 5 years p.a.
- —
- Median size
- 1,163 sqft
Against the neighbourhood
How it compares within D15
Katong, Joo Chiat, Amber Road, Marine Parade. All figures are medians over the last 12 months for private homes in this district.
| Measure | Palmera Residence | D15 median | Difference |
|---|---|---|---|
| Median PSF | — | S$1,833 | — |
| Median price | — | S$2.14M | — |
| Gross rental yield | — | 4.14% | — |
| 1-year price change | — | +2.3% | — |
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$3,850
Contracts · 12m
6
Implied annual rent
S$46K
Gross yield
—
| Unit type | Contracts | Median rent |
|---|---|---|
| 2 bedroom | 2 | S$3,850 |
| 1 bedroom | 2 | S$2,850 |
| 3 bedroom | 2 | S$4,350 |
Investment analysis
Not enough to score this one
The investment score needs at least half its factors to be measurable, and this development does not clear that bar — nothing has traded here in the last 12 months. Rather than publish a low number that really means “we cannot tell”, no score is shown. The transaction history below is still complete.
Location
Nearby amenities
Rail stations
- Marine Terrace MRT470 m
- Marine Parade MRT930 m
- Kembangan MRT1.2 km
- Eunos MRT1.5 km
Schools within 2 km
- Chij (Katong) Primaryprimary420 m
- Tao Nan Schoolprimary530 m
- St. Patrick'S Schoolsecondary (s1-s5)620 m
- Chij Katong Conventsecondary (s1-s5)660 m
- Ngee Ann Primary Schoolprimary750 m
- Victoria Junior Collegejunior college920 m
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- K SUITESEG Properties Pte Ltd19 units580 m
- KOON SENG HOUSEMequity K Pte Ltd17 units920 m
- ARDOR RESIDENCENS Property (Haig) Pte Ltd35 units1.5 km
- AMBER HOUSEUrban Park Pte Ltd105 units1.6 km
- The ContinuumHoi Hup Sunway Katong Pte Ltd816 units1.9 km
- THE CONTINUUMHoi Hup Sunway Katong Pte Ltd816 units1.9 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 |
|---|---|---|---|---|---|---|
| Apr 2024 | Apartment | S$2,450,000 | 1,862 sqft | S$1,316 | 01-05 | — |
| Mar 2024 | Apartment | S$1,650,000 | 883 sqft | S$1,869 | 01-05 | — |
| May 2023 | Apartment | S$1,980,000 | 1,292 sqft | S$1,533 | 01-05 | — |
| Dec 2022 | Apartment | S$2,098,000 | 1,938 sqft | S$1,083 | 01-05 | — |
| Sep 2022 | Apartment | S$1,600,000 | 1,163 sqft | S$1,376 | 01-05 | — |
| Jul 2022 | Apartment | S$828,000 | 549 sqft | S$1,508 | 01-05 | — |
| Jan 2022 | Apartment | S$1,460,000 | 1,163 sqft | S$1,256 | 01-05 | — |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Baywind Residences
S$2,378
—2 sales2.4% yield
Treescape
S$1,842
+4.6%1 sales3.1% yield
Emprado Suites
S$1,769
+8.2%1 sales4.3% yield
Whitescape
S$1,851
-1.1%2 sales3.7% yield
De Casalle
S$1,724
+0.1%2 sales2.3% yield
Landed Housing Development
S$2,863
+96.7%3 sales1.0% yield
The Beccagayle
S$1,609
—1 sales2.6% yield
The Nclave
S$1,708
+3.1%1 sales3.6% 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.