Palm Mansions

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,297 psf
Range
S$ 1,287 - 1,306 psf

Rental Price **

Average
S$ 3.9 psf pm
Range
S$ 3.3 - 4.6 psf pm

Rental Yield **

3.6%

Rental income expressed as a percentage of the property's value.

Amenities

2.6
2.6

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Palm Mansions is a freehold apartment completed in 1998. The development occupies a land area of 2,401 sqm and a Gross Floor Area of 3,361 sqm. It consists of 30 units. According to records, buyers of this development are Singaporean 85.9%, PR 11.3%, Foreigner 1.4%, Company 0.0%.

PALM MANSIONS is located along Pasir Panjang Road in Queenstown, in District 5. It is accessible through the nearest MRTs including Haw Par Villa CC25 and Kent Ridge CC24.

Based on transaction data in the last 12 months, sale prices range from S$ 1,287 psf to S$ 1,306 psf at an average of S$ 1,297 psf. Its highest recorded transaction was S$ 1,384 psf in Dec 2022 for a 1,098-sqft unit. Its lowest recorded transaction was S$ 509 psf in Jan 1999 for a 1,324-sqft unit. Its current rental yield is at 3.6%. Other nearby amenities include: 1 Grocerie: NTUC FAIRPRICE CO-OPERATIVE LTD.

Buyers and tenants are attracted to District 5, which spans across the Buona Vista, Clementi, Dover, Pasir Panjang and West Coast neighbourhoods. It is a popular choice for home buyers due to its relative proximity to the Core Central Region. With a variety of amenities such as restaurants, bars and shops, parks, gyms and business properties in the area, District 5 is perfect for residents looking for a lively location with both work and play spaces. District 5 has a good mix of property in terms of affordability, ranging from HDB flats to luxury condominiums to landed properties. District 5 also has a number of commercial and industrial properties around Clementi MRT, at Star Vista and One North. The district is also well connected by MRT stations such as Clementi, Dover, Buona Vista, One-North, Kent Ridge, Haw Par Villa and Pasir Panjang MRT stations along the East-West and Circle lines. District 5 is also particularly car-friendly. Residents with cars are well served by the Ayer Rajah Expressway and the West Coast Highway.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4.2
"Quiet and pleasant. No sights of any HDB blocks nearby."
a*********c@hotmail.com
Owner     |   12 Feb 2022
5
"Quiet and cosy place"
B** O**
Google Review     |   30 Dec 2017
4
"Relaxing place and nice environment"
B** O**
Google Review     |   18 Dec 2017
4
"Old estate that's surprisingly well maintained. Individual units are pretty well sized but the balcony is a joke. Area benefits from being quiet all the time."
A*** J N*
Google Review     |   31 May 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
345
1
1

PALM MANSIONS - 345 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of PALM MANSIONS

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Area(sqft)
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Price(S$ psf)
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Type of Sale
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Type of Area
Purchaser Address
Source

Asking Price of PALM MANSIONS

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of PALM MANSIONS

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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