PALM RESIDENCE
District 21 · JALAN RAJAWALI
Overview
PALM RESIDENCE is a freehold condominium in District 21, Singapore, completed in 2005 with 32 units. The average transacted price is $1,149/sqft based on 2 recorded transactions. Nearby MRT: BEAUTY WORLD MRT STATION.
Price Trends
PALM RESIDENCE
| Feature | Details | |---------|---------| | Location | 7 Jalan Rajawali, District 21 | | Tenure | Freehold | | Units | 32 | | Completion | 2005 | | Developer | U-Asia Pte Ltd | | Floors/Blocks | 10 floors, 1 block | | Site Area | 1,892 sqm with Gross Floor Area of 3,764 sqm | | Parking | Carparking available | | Key Features | Modern condominium with 24-hr security, freehold status, prime District 21 location | | Facilities | Swimming pool, gymnasium, sauna, BBQ pits | | Unit Types | 3-bedroom and 4-bedroom units (8 floor plan types) | | Size Range | Approximately 1,227 sqft (based on transaction data) | | Price Range | Approximately S$1,653 psf, recent transaction at $1,890,000 (Jan 2025) | | Nearest MRT | Beauty World MRT Station (0.72km direct distance, 11-12 min walk) | | Nearby Schools | Bukit Timah Primary School (0.67km), Pei Hwa Presbyterian Primary School (0.97km), Yusof Ishak Secondary School (1.01km) | | Nearby Amenities | Cold Storage at Beauty World Centre (0.82km), FairPrice Finest at Bukit Timah Plaza (1.16km), Bukit Timah Nature Reserve, Bukit Batok Nature Park | | Investment Outlook | Strong rental potential with recent rental transactions ranging from $2,500-$5,200 per month |
Nearby Transport
- BEAUTY WORLD MRT STATIONExit B0.90 km • 11 min walk
Nearby Transport
Nearby Transport
- BEAUTY WORLD MRT STATIONExit B0.90 km • 11 min walk
Nearby Schools
Nearby Schools
- BUKIT TIMAH PRIMARY SCHOOLPRIMARY0.67 km away
- PEI HWA PRESBYTERIAN PRIMARY SCHOOLPRIMARY0.97 km away
- YUSOF ISHAK SECONDARY SCHOOLSECONDARY1.01 km away
- KEMING PRIMARY SCHOOLPRIMARY1.44 km away
- BUKIT VIEW PRIMARY SCHOOLPRIMARY1.75 km away
Nearby Supermarkets
Nearby Supermarkets
- SEOUL BUTCHERY0.93 km away•SEOUL BUTCHERY PTE. LTD.
- LOTTE KOREAN MART0.93 km away•LOTTE MART PTE. LTD.
- Neue Mart1.16 km away•NM EK PTE. LTD.
- LOTUS GROCERY1.16 km away•LOTUS GROCERY
- THYME TO MEAT1.19 km away•THYME TO MEAT PRIVATE LIMITED
Property Analysis
AI-generated analysis based on available market data. Last updated 14 April 2026. This content is for informational purposes only and should not be considered financial advice.
Financial Breakdown
Estimated costs based on median transaction price
Eligibility Check
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Neighbourhood Amenities
Transport
1- BEAUTY WORLD MRT STATION
Education
8- BUKIT TIMAH PRIMARY SCHOOL
- PEI HWA PRESBYTERIAN PRIMARY SCHOOL
- YUSOF ISHAK SECONDARY SCHOOL
- +5 more nearby
Convenience
10- SEOUL BUTCHERY
- LOTTE KOREAN MART
- Neue Mart
- +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
(2 of 2)| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-01 | PALM RESIDENCE | JALAN RAJAWALI | 114 sqm (1227 sqft) | $1,890,000 | $1540/sqft | 06-10 | Apartment | RCR | 21 | Freehold |
| 2021-09 | PALM RESIDENCE | JALAN RAJAWALI | 270 sqm (2906 sqft) | $2,200,000 | $757/sqft | 06-10 | Apartment | RCR | 21 | Freehold |
Market Statistics
Frequently Asked Questions
What is the tenure of PALM RESIDENCE?
PALM RESIDENCE is a freehold property, meaning the ownership is held in perpetuity. This distinguishes it from 99-year leasehold apartments commonly found in the Clementi and Upper Bukit Timah areas.
What was the most recent transacted price at PALM RESIDENCE?
The most recent transaction occurred on 1 January 2025 for a 1,227 sqft unit which sold for $1,890,000. This equates to a price of $1,540 per square foot.
How does the unit size affect the price per square foot here?
Data shows a significant variance in PSF based on unit size, with a 2,906 sqft unit transacting at $757 psf in 2021. In contrast, a smaller 1,227 sqft unit transacted at a higher rate of $1,540 psf in 2025.
What is the median price for a unit in this development?
The median price for PALM RESIDENCE is $2,045,000. This figure is derived from the recent transaction history ranging from $1,890,000 to $2,200,000.
In which district is PALM RESIDENCE located?
The project is located in District 21. This district covers the planning areas of Clementi and Upper Bukit Timah.
What is the transaction volume for this project?
There have been 2 recorded transactions for this project in the current dataset. These transactions took place in September 2021 and January 2025.
Related Articles
Guides and analysis about PALM RESIDENCE
Palm Residence Investment Returns: Rental Yield Analysis by Homejourney
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Palm Residence Home Loan & Financing Guide by Homejourney
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Palm Residence Unit Types & Size Guide for Buyers | Homejourney
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Palm Residence Price Trends & Market Analysis | Homejourney
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Palm Residence For Sale: D21 Units Guide by Homejourney
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