Palm Residence For Sale: The Definitive Guide to Properties & Units Available in District 21
Palm Residence for sale represents a rare opportunity in Singapore's competitive property market. This freehold condominium at 7 Jalan Rajawali in District 21 offers buyers premium living in Clementi Park and Upper Bukit Timah with just 32 exclusive units. Homejourney verifies all listings to ensure transparency and safety, helping you find available units confidently.
As your trusted partner, Homejourney prioritizes user safety through verified data and exceptional service. This comprehensive pillar guide covers everything from current Palm Residence for sale listings to investment potential, empowering first-time buyers, upgraders, investors, and expats to make informed decisions in this sought-after Singapore condo for sale.
Table of Contents
- 1. Property Overview
- 2. Available Units for Sale
- 3. Why Buy at Palm Residence
- 4. Price Analysis for Buyers
- 5. Location Advantages
- 6. Financing Guide for Buyers
- 7. Buying Process
- 8. Investment Potential
- 9. FAQ
1. Property Overview
Palm Residence is a boutique freehold condominium developed by U-Asia Pte Ltd, completed in 2005. Located at 7 Jalan Rajawali, this D21 properties gem spans a land area of 1,892 sqm with a gross floor area of 3,764 sqm, housing only 32 units across up to 10 floors[1][2][8].
Buyers appreciate its exclusivity and modern facilities, including a swimming pool, gymnasium, sauna, BBQ pits, open car park, and 24-hour security. U-Asia Pte Ltd, known for security-focused developments, ensures residents enjoy peace of mind in this low-density haven[1].
In District 21's green enclave of Clementi Park and Upper Bukit Timah, Palm Residence stands out for its proximity to nature reserves while offering urban conveniences. Homejourney's verified listings make it the go-to platform for Palm Residence for sale inquiries.
Key Fact: With just 32 units, this freehold condo rarely sees many resale opportunities, creating urgency for serious buyers[1][5].
Developer Reputation and Build Quality
U-Asia Pte Ltd brings expertise in secure, high-quality residences. Completed in 2005 (or 2004 per some records), Palm Residence has aged gracefully, with units maintaining strong appeal due to freehold tenure and robust construction[1][3][5].
Insider tip: Local buyers value the open car park, eliminating lot assignment hassles common in larger condos. Homejourney agents often highlight this during viewings.
2. Available Units for Sale
Palm Residence for sale units primarily feature 3-bedroom layouts ranging from 861 to 1,227 sqft, ideal for families and investors. Recent transactions show a 1,227 sqft unit sold for $1.89M ($1,540 psf) in Jan 2025, with prices up to $2.2M in the market[5][6].
Homejourney's search reveals limited available units, emphasizing the need to act fast. Popular sizes include 1,000-1,227 sqft 3-bedrooms, perfect for buy condo seekers in Clementi or Upper Bukit Timah.
View all units for sale at Palm Residence on Homejourney for real-time, verified listings.
| Unit Type | Size (sqft) | Price Range (2026 Est.) | PSF Range |
|---|---|---|---|
| 3-Bedroom | 861-1,100 | $1.5M - $1.8M | $1,500 - $1,700 |
| 3-Bedroom | 1,100-1,227 | $1.8M - $2.2M | $1,540 - $1,800 |
| Larger Units | Up to 2,200 | $2.0M+ | $1,600+ |
Disclaimer: Prices are estimates based on recent URA data and market trends as of 2026. Confirm with Homejourney for latest verified sales[5][6].
Most Popular Unit Types
- 3-Bedroom (1,227 sqft): Spacious layouts with attached bathrooms, fetching $1.89M recently[5].
- Mid-Size 3-Bed (1,000-1,100 sqft): Family-friendly, high demand for rentals at $4,000/month[5].
Check detailed price trends and transaction history on Homejourney.
3. Why Buy at Palm Residence
Palm Residence excels in exclusivity, with facilities like sauna and gym tailored for low-density living. Its freehold status ensures long-term value in a leasehold-dominated market[1].
Lifestyle perks include serene environs near Bukit Timah Nature Reserve, yet minutes from malls. Security-focused design appeals to families and expats seeking safety—aligning with Homejourney's trust-first ethos.
Unique features: Sauna for relaxation, open parking for convenience, and 24-hr security. Buyers love the balance of privacy and amenities in this Jalan Rajawali gem.
Lifestyle Benefits
- Poolside BBQs with nature views.
- Gym and sauna without crowds.
- Proximity to parks for weekend hikes[1].
Read more in our Non-landed Housing Development Amenities & Lifestyle Guide | Homejourney for non-landed lifestyle insights.
4. Price Analysis for Buyers
In 2026, expect Palm Residence for sale prices at $1,500-$1,800 psf, up from $1,059 psf in 2017, reflecting strong appreciation[5][9]. Recent sale: $1.89M for 1,227 sqft ($1,540 psf)[5].
Compared to nearby Signature Park or Royal Court, Palm Residence offers better value per psf due to freehold tenure and facilities[1]. District 21 PSF averages align, but freehold premium boosts long-term gains.
| Period | Avg Sale Price | Avg PSF | Source |
|---|---|---|---|
| Jan 2025 | $1.89M | $1,540 | URA[5] |
| 2017 | $1.3M | $1,059 | Resale[9] |
| 2026 Est. | $1.8M-$2.2M | $1,600-$1,800 | Market Trend |
Homejourney analyzes URA data for accurate D21 properties insights. View project analysis.
5. Location Advantages
At Jalan Rajawali, Palm Residence is near Beauty World MRT (DT5, 10-15 min walk) and King Albert Park MRT (DT6)[2]. Bukit Batok MRT is a short drive[1].
Schools within 1-2km: Pei Hwa Presbyterian Primary (walking distance), Bukit Timah Primary. Ideal for families[1].
Amenities: Bukit Timah Plaza (5-min drive) for shopping, supermarkets, dining. Bukit Batok Nature Park and Bukit Timah Nature Reserve nearby for recreation[1][2].
District 21 Highlights
- Connectivity: Downtown Line MRTs enhance access to CBD.
- Green Spaces: Nature reserves for healthy living.
- Shopping: Clementi Mall, Bukit Timah Plaza[2].
Clementi and Upper Bukit Timah offer mature estate vibes with growth potential.
6. Financing Guide for Buyers
For a $1.9M unit, expect 25% down payment ($475K), with monthly payments around $7,000-$8,000 at 3% interest (30-year loan). Use CPF for down payment and stamps[internal knowledge].
ABSD: First-time Singaporean buyers 0%; second property 17%. Expats face 30%[internal]. Check Homejourney mortgage calculator or Bank Rates for rates.
Estimated Monthly Payments
| Unit Price | Loan (75%) | Monthly (3%, 30yr) |
|---|---|---|
| $1.8M | $1.35M | $6,400 |
| $2.0M | $1.5M | $7,100 |
| $2.2M | $1.65M | $7,800 |
Estimates; consult professionals. Link to Mortgage Rates .
7. Buying Process
- Search verified listings on Homejourney property search.
- Schedule viewing via Homejourney agents.
- Exercise Option to Purchase (OTP), pay 1% option fee.
- Arrange financing, use CPF.
- Sign Sale & Purchase Agreement, pay stamps.
- Complete in 8-12 weeks.
Homejourney guides you safely. Documents: NRIC, income proof, CPF statements.
8. Investment Potential
Rental yields: 3-4% at $4,000/month for 1,227 sqft ($3.3 psf), strong tenant demand from expats near MRTs[4][5]. Capital appreciation: 5-7% annually, driven by District 21 growth and Circle Line expansions[2].
Future upside from URA Master Plan enhancements in Central Region[2]. Low vacancy due to location. See Oei Tiong Ham Park Investment Returns: Rental Yield Analysis by Homejourney for similar analyses.
Insider tip: Freehold status hedges against lease decay, ideal for property investment.
9. FAQ
What is the price of Palm Residence for sale units?
Expect $1.5M-$2.2M ($1,500-$1,800 psf) for 3-bedroom units[5][6].
Is Palm Residence freehold?
Yes, freehold tenure completed in 2005[1].
Nearest MRT to Palm Residence?
Beauty World (DT5), 10-15 min walk[2].
Schools near Palm Residence?
Pei Hwa Presbyterian Primary, Bukit Timah Primary within 1-2km[1].
Rental yield at Palm Residence?
3-4% based on $4,000/month for 1,200 sqft[5].
How to buy a unit at Palm Residence?
Browse Homejourney, contact agents for viewings.
Ready to explore Palm Residence for sale? Start your safe journey with Homejourney: Search units, Calculate affordability, or Contact an agent. Post-purchase, check Aircon Services for maintenance.
References
- Singapore Property Market Analysis 1 (2026)
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 8 (2026)
- Singapore Property Market Analysis 5 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 6 (2026)
- Singapore Property Market Analysis 9 (2026)
- Singapore Property Market Analysis 4 (2026)
