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PALM GROVE TERRACE

District 19 · PALM GROVE AVENUE

Overview

PALM GROVE TERRACE is a 999-year leasehold condominium in District 19, Singapore, completed in 1998 with 23 units. The average transacted price is $1,944/sqft based on 10 recorded transactions. Nearby MRT: KOVAN MRT STATION, SERANGOON MRT STATION.

Price Trends

Price Data (SGD)
Developer:Palm Grove Development Pte Ltd

PALM GROVE TERRACE

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Property Summary

Location
Palm Grove Terrace, Palm Grove Avenue, District 19
Tenure
999-year leasehold (commencing from 1878)
Units
23
Completion
1998
Developer
Palm Grove Development Pte Ltd
Floors/Blocks
23 blocks, 5 floors (highest)
Site Area
153 sqm (land area)
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • KOVAN MRT STATION
    Exit A0.73 km • 9 min walk
  • SERANGOON MRT STATION
    Exit C1.60 km • 19 min walk

Nearby Transport

Nearby Transport

  • KOVAN MRT STATION
    Exit A0.73 km • 9 min walk
  • SERANGOON MRT STATION
    Exit C1.60 km • 19 min walk

Nearby Schools

Nearby Schools

  • PEICAI SECONDARY SCHOOL
    SECONDARY1.02 km away
  • ZHONGHUA PRIMARY SCHOOL
    PRIMARY1.05 km away
  • BOWEN SECONDARY SCHOOL
    SECONDARY1.08 km away
  • XINGHUA PRIMARY SCHOOL
    PRIMARY1.27 km away
  • PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY)
    SECONDARY1.28 km away

Nearby Supermarkets

Nearby Supermarkets

  • The Foodcellar
    0.68 km away•CLEMENTS FOODCELLAR PTE. LTD.
  • FAIRPRICE
    0.96 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • COLD STORAGE
    1.02 km away•COLD STORAGE SINGAPORE (1983) PTE LTD
  • PandaMart
    1.22 km away•DELIVERY HERO STORES (SINGAPORE) PTE. LTD.
  • PRIME SUPERMARKET
    1.44 km away•PRIME SUPERMARKET (1996) PTE LTD

Property Analysis

Palm Grove Terrace is a landed housing development in District 19, specifically within the Serangoon and Hougang planning areas, featuring terrace-style homes. The property holds a 999-year leasehold tenure that commenced in 1878, with recent transactions showing a median price of $3,775,000 and a median PSF of $2,073.494.

AI-generated analysis based on available market data. Last updated 31 March 2026. This content is for informational purposes only and should not be considered financial advice.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$3,800,000
Buyer's Stamp Duty
$166,100
Down Payment (25%)
$943,750
Est. Monthly Payment
$14,174/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$166,100
Total Stamp Duty
$166,100
Estimated Monthly Payment
$14,174/mo

Neighbourhood Amenities

Transport

2
  • KOVAN MRT STATION
  • SERANGOON MRT STATION

Education

21
  • PEICAI SECONDARY SCHOOL
  • ZHONGHUA PRIMARY SCHOOL
  • BOWEN SECONDARY SCHOOL
  • +18 more nearby

Convenience

10
  • The Foodcellar
  • FAIRPRICE
  • COLD STORAGE
  • +7 more nearby

Rental Yield

Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.

Recent Transactions

(10 of 10)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-01PALM GROVE TERRACEPALM GROVE AVENUE151.7 sqm (1633 sqft)$4,020,000$2462/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2024-09PALM GROVE TERRACEPALM GROVE AVENUE161.2 sqm (1735 sqft)$4,100,000$2363/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2024-07PALM GROVE TERRACEPALM GROVE AVENUE152.9 sqm (1646 sqft)$3,800,000$2309/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2023-07PALM GROVE TERRACEPALM GROVE AVENUE215.7 sqm (2322 sqft)$4,220,000$1818/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2023-02PALM GROVE TERRACEPALM GROVE AVENUE154.6 sqm (1664 sqft)$3,750,000$2253/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2022-09PALM GROVE TERRACEPALM GROVE AVENUE157.3 sqm (1693 sqft)$3,630,000$2144/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2022-05PALM GROVE TERRACEPALM GROVE AVENUE309 sqm (3326 sqft)$4,400,000$1323/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2022-02PALM GROVE TERRACEPALM GROVE AVENUE151.2 sqm (1628 sqft)$3,260,000$2003/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2020-11PALM GROVE TERRACEPALM GROVE AVENUE226.2 sqm (2435 sqft)$2,850,000$1171/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)
2019-11PALM GROVE TERRACEPALM GROVE AVENUE151.5 sqm (1631 sqft)$2,600,000$1594/sqft-TerraceOCR19999 yrs lease commencing from 1878 (851 yrs remaining)

Market Statistics

Frequently Asked Questions

What is the tenure of Palm Grove Terrace?

The property is a 999-year leasehold development. The lease for this terrace housing commenced in 1878.

What was the most recent transaction price at Palm Grove Terrace?

The most recent sale was recorded on 1 January 2025 for $4,020,000. This unit measured 1,633 sqft, resulting in a price of $2,462 per square foot.

What is the median price for a terrace house in this project?

Based on the 10 recorded transactions, the median price for a unit is $3,775,000. Individual transaction prices in recent years have ranged from $3,750,000 to $4,220,000.

What is the typical price per square foot for Palm Grove Terrace?

The median PSF for the development is $2,073.494. Recent transactions between 2024 and 2025 have shown PSF figures between $2,309 and $2,462.

What are the common unit sizes available at Palm Grove Terrace?

Recent transactions indicate unit sizes typically range between 1,633 sqft and 2,322 sqft. The largest recently transacted unit was 2,322 sqft, which sold for $4,220,000 in July 2023.

How has the PSF price changed recently?

The PSF has seen an increase from $1,818 for a 2,322 sqft unit in July 2023 to $2,462 for a 1,633 sqft unit in January 2025. This represents a significant variation in PSF depending on the specific land area and transaction date.

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Uptrend+9.3% over period
2 years change:+9.3% ($2253 → $2462)
Median PSF:$2309/sqft