Palm Gardens

A 99-year leasehold condominium in District 23 (Outside Central Region), completed in 2000.

12 months to Sep 2026

  • Median psf $1,054
  • Sales 21
  • Atlas score 70 out of 100

The project

Project facts

Developer
Keppel Land Limited
Total units
694
Storeys
19
TOP
2000
Tenure
99-year leasehold from 1996
Property type
Condominium
District
District 23
Market segment
Outside Central Region (OCR)
Street
Hong San Walk
Units sold at least once
690

PLB Atlas

Atlas score

70 out of 100

From 10 of 10 parts, each scored 1 to 5.

  • Bala's Curve2 out of 5
  • District disparity4 out of 5
  • Exit audience4 out of 5
  • Land size / density2 out of 5
  • MRT proximity5 out of 5
  • Quantum5 out of 5
  • Region disparity4 out of 5
  • Rental demand1 out of 5
  • Parents' attraction5 out of 5
  • Volume3 out of 5

The Atlas score is PLB's own reading of how well a project may hold its value when it is sold on: the parts' total as a share of the most they could score. It is an estimate, not advice or a valuation.

Last five years

Price per square foot, month by month

In the 12 months to Sep 2026: 21 sales, median $1,054 psf.

Median price per square foot at Palm Gardens each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out. Median price per square foot for Palm Gardens each month from Oct 2021 to Sep 2026. Lowest $786 in Dec 2021; highest $1,114 in Jul 2025; latest $1,029 in Sep 2026. 8 months had no sales. Oct 2021: median $797 psf, 4 salesNov 2021: median $840 psf, 4 salesDec 2021: median $786 psf, 1 saleJan 2022: median $880 psf, 6 salesFeb 2022: median $822 psf, 7 salesMar 2022: median $829 psf, 3 salesApr 2022: median $937 psf, 3 salesMay 2022: median $888 psf, 1 saleJun 2022: median $881 psf, 1 saleJul 2022: median $937 psf, 2 salesAug 2022: median $911 psf, 2 salesSep 2022: median $921 psf, 1 saleOct 2022: median $982 psf, 3 salesDec 2022: median $887 psf, 1 saleApr 2023: median $987 psf, 1 saleMay 2023: median $974 psf, 3 salesJun 2023: median $992 psf, 1 saleJul 2023: median $1,045 psf, 3 salesAug 2023: median $1,026 psf, 2 salesSep 2023: median $1,052 psf, 3 salesOct 2023: median $1,011 psf, 1 saleNov 2023: median $1,084 psf, 3 salesDec 2023: median $997 psf, 1 saleJan 2024: median $1,078 psf, 3 salesFeb 2024: median $1,035 psf, 2 salesMar 2024: median $1,101 psf, 3 salesApr 2024: median $1,056 psf, 2 salesMay 2024: median $1,054 psf, 3 salesJul 2024: median $1,043 psf, 2 salesAug 2024: median $1,025 psf, 2 salesSep 2024: median $1,026 psf, 5 salesNov 2024: median $1,075 psf, 1 saleDec 2024: median $995 psf, 1 saleJan 2025: median $1,069 psf, 3 salesFeb 2025: median $1,079 psf, 2 salesMar 2025: median $1,045 psf, 3 salesApr 2025: median $1,063 psf, 2 salesJun 2025: median $1,067 psf, 2 salesJul 2025: median $1,114 psf, 4 salesAug 2025: median $1,089 psf, 2 salesSep 2025: median $1,096 psf, 1 saleOct 2025: median $1,046 psf, 2 salesNov 2025: median $1,008 psf, 4 salesDec 2025: median $1,091 psf, 2 salesJan 2026: median $1,062 psf, 1 saleFeb 2026: median $1,054 psf, 1 saleMar 2026: median $1,062 psf, 1 saleApr 2026: median $1,096 psf, 2 salesJun 2026: median $1,051 psf, 2 salesJul 2026: median $1,096 psf, 3 salesAug 2026: median $1,061 psf, 2 salesSep 2026: median $1,029 psf, 1 sale
Median price per square foot at Palm Gardens each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out.
Show these numbers as a table
Median price per square foot at Palm Gardens each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out.
MonthMedian psfSales
Sep 2026$1,0291
Aug 2026$1,0612
Jul 2026$1,0963
Jun 2026$1,0512
Apr 2026$1,0962
Mar 2026$1,0621
Feb 2026$1,0541
Jan 2026$1,0621
Dec 2025$1,0912
Nov 2025$1,0084
Oct 2025$1,0462
Sep 2025$1,0961
Aug 2025$1,0892
Jul 2025$1,1144
Jun 2025$1,0672
Apr 2025$1,0632
Mar 2025$1,0453
Feb 2025$1,0792
Jan 2025$1,0693
Dec 2024$9951
Nov 2024$1,0751
Sep 2024$1,0265
Aug 2024$1,0252
Jul 2024$1,0432
May 2024$1,0543
Apr 2024$1,0562
Mar 2024$1,1013
Feb 2024$1,0352
Jan 2024$1,0783
Dec 2023$9971
Nov 2023$1,0843
Oct 2023$1,0111
Sep 2023$1,0523
Aug 2023$1,0262
Jul 2023$1,0453
Jun 2023$9921
May 2023$9743
Apr 2023$9871
Dec 2022$8871
Oct 2022$9823
Sep 2022$9211
Aug 2022$9112
Jul 2022$9372
Jun 2022$8811
May 2022$8881
Apr 2022$9373
Mar 2022$8293
Feb 2022$8227
Jan 2022$8806
Dec 2021$7861
Nov 2021$8404
Oct 2021$7974
Median price per square foot at Palm Gardens by year
YearMedian psfSales
2026$1,06213
2025$1,06327
2024$1,05724
2023$1,03018
2022$88830
2021$77340
2020$71321
2019$72623
2018$71929
2017$68820
2016$70127
2015$73020
2014$77628
2013$79621
2012$72740
2011$69556
2010$60083
2009$51771
2008$49830
2007$39848
2006$36119
2005$37124
2004$39019
2003$40622
2002$45621
2001$49729
2000$53160
1999$39399
1998$404454
1997$592131

Newest first

Each sale

The date the sale was agreed, the range of floors the home is on, its area, price and price per square foot, and whether it was bought from the developer (new sale), before completion from another buyer (sub sale) or after completion (resale).

Sales at Palm Gardens, newest first
DateFloorsArea (sq ft)PricePrice psfType of sale
7 Sep 202611 to 151,206$1,240,000$1,029Resale
7 Aug 202611 to 151,206$1,300,000$1,078Resale
5 Aug 20261 to 5958$1,000,000$1,044Resale
23 Jul 20266 to 10958$1,002,500$1,046Resale
20 Jul 20266 to 101,216$1,350,000$1,110Resale
13 Jul 20266 to 10958$1,050,000$1,096Resale
30 Jun 202611 to 151,216$1,295,000$1,065Resale
26 Jun 20266 to 101,216$1,260,000$1,036Resale
27 Apr 202611 to 151,432$1,650,000$1,153Resale
21 Apr 20261 to 5958$995,000$1,039Resale
19 Mar 20266 to 101,216$1,292,000$1,062Resale
5 Feb 20266 to 10958$1,010,000$1,054Resale
14 Jan 20266 to 101,206$1,280,000$1,062Resale
22 Dec 20251 to 51,432$1,580,000$1,104Resale
5 Dec 20251 to 51,206$1,300,000$1,078Resale
26 Nov 202511 to 151,206$1,280,000$1,062Resale
21 Nov 20251 to 5980$978,000$998Resale
17 Nov 20256 to 101,216$1,238,000$1,018Resale
11 Nov 20251 to 51,206$1,100,000$912Resale
27 Oct 20256 to 101,216$1,270,000$1,044Resale
7 Oct 202511 to 151,216$1,275,000$1,048Resale
29 Sep 202511 to 151,206$1,321,888$1,096Resale
25 Aug 202516 to 201,206$1,310,000$1,087Resale
7 Aug 20251 to 51,206$1,315,000$1,091Resale
28 Jul 20256 to 101,432$1,800,000$1,257Resale
25 Jul 202511 to 151,206$1,338,000$1,110Resale
11 Jul 202511 to 151,432$1,600,000$1,118Resale
2 Jul 202511 to 151,432$1,570,000$1,097Resale
27 Jun 202516 to 201,206$1,322,800$1,097Resale
9 Jun 20256 to 101,206$1,250,000$1,037Resale
30 Apr 20251 to 51,346$1,430,000$1,063Resale
9 Apr 202511 to 151,206$1,280,000$1,062Resale
17 Mar 202516 to 201,206$1,260,000$1,045Resale
11 Mar 20251 to 51,206$1,255,000$1,041Resale
10 Mar 20251 to 51,206$1,265,000$1,049Resale
20 Feb 202511 to 151,206$1,255,000$1,041Resale
10 Feb 20256 to 101,206$1,345,000$1,116Resale
27 Jan 202511 to 151,206$1,267,000$1,051Resale
24 Jan 202511 to 151,346$1,475,000$1,096Resale
21 Jan 20251 to 51,216$1,300,000$1,069Resale
26 Dec 20246 to 101,206$1,200,000$995Resale
15 Nov 202411 to 151,216$1,308,000$1,075Resale
26 Sep 20241 to 51,206$1,230,000$1,020Resale
26 Sep 202411 to 151,206$1,280,000$1,062Resale
17 Sep 202411 to 151,432$1,560,000$1,090Resale
12 Sep 202411 to 151,938$1,888,888$975Resale
6 Sep 20241 to 51,216$1,248,000$1,026Resale
19 Aug 202416 to 201,206$1,251,888$1,038Resale
15 Aug 20241 to 51,206$1,220,000$1,012Resale
26 Jul 202416 to 201,216$1,288,000$1,059Resale

Show all 1,547 sales

Rents

Rents by bedrooms

Median monthly rent at Palm Gardens by quarter and bedrooms, with the number of leases
Quarter2 bedrooms3 bedrooms4 bedrooms
Jul to Sep 2026Fewer than 3 leases, or none$4,050 (6)Fewer than 3 leases, or none
Apr to Jun 2026$3,100 (3)$3,775 (8)Fewer than 3 leases, or none
Jan to Mar 2026Fewer than 3 leases, or none$3,950 (4)Fewer than 3 leases, or none
Oct to Dec 2025Fewer than 3 leases, or none$3,700 (5)Fewer than 3 leases, or none
Jul to Sep 2025Fewer than 3 leases, or none$3,800 (8)Fewer than 3 leases, or none
Apr to Jun 2025Fewer than 3 leases, or none$3,800 (12)Fewer than 3 leases, or none
Jan to Mar 2025Fewer than 3 leases, or none$3,900 (7)Fewer than 3 leases, or none
Oct to Dec 2024Fewer than 3 leases, or none$3,850 (12)$4,300 (3)

Median monthly rent, with the number of leases in brackets. A figure is shown only where 3 or more leases were signed in the quarter.

Gross rental yield, estimate: 3.6%

PLB's own estimate, and approximate. It is before costs such as maintenance fees, property tax and vacant months.

About the data

Where these figures come from

  • Sales and rents: URA's records. Floors are shown as 5-storey ranges; unit numbers are never shown.
  • Medians leave out sales of more than one unit in a single transaction.
  • Project facts are from PLB's project records. Where they give no TOP year, the completion year in the sale records is used.
  • The Atlas score and the gross rental yield are PLB's estimates.

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