Palm Residence Price Trends and Market Analysis: 2026 Buyer Guide
Palm Residence at Jalan Rajawali in District 21 (Clementi, Upper Bukit Timah) shows steady price appreciation, with recent resale transactions indicating PSF levels around S$750–S$800 based on URA data trends from similar D21 mature estates, positioning it as a strong value buy for families and investors in 2026.[1][5]
This cluster article dives into Palm Residence Price Trends and Market Analysis, connecting to our pillar guide on D21 properties. Homejourney verifies all listings for user safety, ensuring transparent transactions in a trusted environment. Explore Palm Residence for sale with confidence.
Property Overview: Why Palm Residence Stands Out
Palm Residence is a boutique freehold condominium with 32 units, completed in the early 2000s, offering a peaceful retreat in the heart of D21. Buyers love its low-density layout, spacious units, and proximity to Clementi’s amenities while maintaining a serene, landed-enclave feel along Jalan Rajawali.
Developed by a reputable local firm, it appeals to upgraders from HDB and expats seeking Singapore condo for sale options with good rental upside. Current market position: Undervalued compared to newer D21 launches, with strong owner-occupier demand driving stability.[1][5]
Insider tip: Units here rarely hit the open market—many resales come from long-term owners, preserving neighborhood character. Homejourney’s verified listings help you spot these gems first.
Available Units for Sale at Palm Residence
Typical units include 3-bedroom (1,100–1,200 sqft) and 4-bedroom (1,400+ sqft) layouts, ideal for families. In 2026, expect available units priced from S$1.8M–S$2.2M for 3BR (S$750–S$850 psf) and S$2.5M+ for larger 4BR, based on recent URA caveats showing highs around S$757 psf in 2021 with upward trends.[1]
Most popular: Mid-floor 3BR units with park views, fetching premiums due to renovations. Rental listings hover at S$3,500–S$4,500/month, signaling healthy demand.[1]
Action step: View all units for sale at Palm Residence on Homejourney’s secure search—filter by size, price, and verified status for quick decisions.
Why Buy at Palm Residence: Key Selling Points
- Lifestyle perks: Resort-style facilities including pool, gym, and BBQ pits in a lush, low-rise setting.
- Family-friendly: Quiet streets perfect for kids, with direct access to green spaces.
- Investment edge: Freehold tenure ensures long-term value; recent rentals up to S$4,300/month indicate 2.5–3% yields.[1]
- Unique feature: Efficient layouts with natural ventilation—locals swear by the cross-breezes on higher floors.
Homejourney prioritizes your safety by verifying seller documents upfront. Read our related guide: Palm Residence For Sale: D21 Units Guide by Homejourney .
Palm Residence Price Analysis for Buyers
Current Market Price Trends
In 2026, Palm Residence Price Trends reflect D21 resilience: PSF from S$531 (2004 lows) to S$757 (2021 highs), with 2024 rentals signaling sustained demand at S$4,000+.[1] Expect 5–7% YoY growth aligned with URA’s D21 median of S$1,200 psf for newer comps, but Palm offers entry at S$750–S$850 psf.
Disclaimer: Prices vary by condition; consult URA for latest caveats. Homejourney’s data is cross-verified for accuracy.
Comparison with Nearby Developments
| Development | Avg PSF (2026 Est.) | Tenure |
|---|---|---|
| Palm Residence | S$750–S$850[1] | Freehold |
| Clementi Park | S$1,000–S$1,200 | 99-yr |
| Parc Oasis | S$900–S$1,100 | 99-yr |
Palm Residence offers better value per sqft than leasehold neighbors, with historical gains over 40% since 2004.[1]
View full trends: See detailed price trends and transaction history.
Location Advantages in D21
Just 800m (10-min walk) from Clementi MRT (EW Line), with easy drives to Upper Bukit Timah via PIE. Schools: Nan Hua Primary (1km), Clementi Town Secondary (800m), international options like United World College (short drive).
- Shopping: Clementi Mall (12-min walk), JCube (MRT-connected).
- Parks: Clementi Town Park for jogs, Bukit Batok Nature Reserve nearby.
- D21 perks: Mature estate with low traffic, high livability scores per URA.
Expats note: LTA bus stops right outside for CBD commutes under 30 mins.
Financing Guide for Palm Residence Buyers
For a S$2M 3BR unit: 25% downpayment (S$500K, CPF-eligible), monthly ~S$7,000–S$8,000 at 3% interest (25-yr tenure). First-time buyers: No ABSD; investors face 30% ABSD (PRs 5%).
- Check eligibility via CPF/HDB rules.
- Use Homejourney mortgage calculator for personalized quotes.
- Lock rates early—2026 forecasts stable at 2.8–3.2%.
Link to Bank Rates for latest. Post-purchase, explore Aircon Services for maintenance.
Step-by-Step Buying Process
- Search & Shortlist: Use Homejourney’s property search.
- View & Offer: Schedule via Homejourney agents (verified pros).
- Exercise Option: Pay 1% fee; lawyer reviews title (1–2 weeks).
- Finance & Complete: 8–12 weeks total; Homejourney guides paperwork.
Documents: NRIC, income proof, CPF statements. Seek legal advice for safety.
Investment Potential at Palm Residence
Rental yields: 2.8–3.2% (S$4,000/month on S$2M unit).[1] Capital outlook: 4–6% annual appreciation with Thomson-East Coast Line expansions boosting D21. Tenant demand high from professionals near NUH/MOE.
Future: Nearby enbloc potential in mature estates. Compare yields in Non-landed Housing Development Rental Prices & Trends 2026 | Homejourney .
FAQ: Palm Residence Buyer Questions
What is the current PSF for Palm Residence?
Around S$750–S$850 psf for resales in 2026, per URA trends—verify latest on Homejourney.[1]
Are there good schools near Jalan Rajawali?
Yes, Nan Hua Primary (1km walk) and top secondaries; ideal for families.
How much downpayment for investors?
25% + 30% ABSD on value above S$1.8M; use our calculator.
Is Palm Residence a good buy vs. new launches?
Yes for value—freehold at lower entry vs. D21 99-yr condos at S$1,500+ psf.
How to view units safely?
Book via Homejourney’s verified agents for secure, no-obligation tours.
Ready to invest in D21 properties? Browse Palm Residence for sale today. Homejourney ensures trusted, verified journeys—your safety first.