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PALMERA RESIDENCE

District 15 · LORONG N TELOK KURAU

Overview

PALMERA RESIDENCE is a freehold condominium in District 15, Singapore, completed in 2011 with 38 units. The average transacted price is $1,221/sqft based on 13 recorded transactions. Nearby MRT: KEMBANGAN MRT STATION, EUNOS MRT STATION.

Price Trends

Price Data (SGD)
Developer:World Class Capital Pte Ltd

PALMERA RESIDENCE

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Property Summary

Location
38 Lorong N Telok Kurau, District 15
Tenure
Freehold
Units
38
Completion
2011
Developer
World Class Capital (LN) Pte Ltd
Floors/Blocks
1 block
Site Area
1,342 sqm (approx. 14,445 sqft)
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • KEMBANGAN MRT STATION
    Exit A1.60 km • 19 min walk
  • EUNOS MRT STATION
    Exit C1.79 km • 21 min walk

Nearby Transport

Nearby Transport

  • KEMBANGAN MRT STATION
    Exit A1.60 km • 19 min walk
  • EUNOS MRT STATION
    Exit C1.79 km • 21 min walk

Nearby Schools

Nearby Schools

  • CHIJ (KATONG) PRIMARY
    PRIMARY0.34 km away
  • TAO NAN SCHOOL
    PRIMARY0.47 km away
  • ST. PATRICK'S SCHOOL
    SECONDARY0.73 km away
  • CHIJ KATONG CONVENT
    SECONDARY0.73 km away
  • NGEE ANN PRIMARY SCHOOL
    PRIMARY0.83 km away

Nearby Supermarkets

Nearby Supermarkets

  • New Zealand Fresh
    0.43 km away•NEW ZEALAND FRESH PTE. LTD.
  • FAIRPRICE
    0.58 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • Aunty's Supermart Trading
    0.72 km away•AUNTY'S SUPERMART TRADING PTE. LTD.
  • Ever+
    0.92 km away•Sun Rui
  • COLD STORAGE
    0.95 km away•COLD STORAGE SINGAPORE (1983) PTE LTD

Property Analysis

Palmera Residence is a freehold apartment located in District 15, encompassing the East Coast and Marine Parade areas. The development features a median price of $1,625,000 with a price per square foot range spanning from $789 to $1,869.

AI-generated analysis based on available market data. Last updated 29 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
$1,600,000
Buyer's Stamp Duty
$50,850
Down Payment (25%)
$406,250
Est. Monthly Payment
$6,101/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
$50,850
Total Stamp Duty
$50,850
Estimated Monthly Payment
$6,101/mo

Neighbourhood Amenities

Transport

2
  • KEMBANGAN MRT STATION
  • EUNOS MRT STATION

Education

13
  • CHIJ (KATONG) PRIMARY
  • TAO NAN SCHOOL
  • ST. PATRICK'S SCHOOL
  • +10 more nearby

Convenience

10
  • New Zealand Fresh
  • FAIRPRICE
  • Aunty's Supermart Trading
  • +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

(13 of 13)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2024-04PALMERA RESIDENCELORONG N TELOK KURAU173 sqm (1862 sqft)$2,450,000$1316/sqft01-05ApartmentOCR15Freehold
2024-03PALMERA RESIDENCELORONG N TELOK KURAU82 sqm (883 sqft)$1,650,000$1869/sqft01-05ApartmentOCR15Freehold
2023-05PALMERA RESIDENCELORONG N TELOK KURAU120 sqm (1292 sqft)$1,980,000$1533/sqft01-05ApartmentOCR15Freehold
2022-12PALMERA RESIDENCELORONG N TELOK KURAU180 sqm (1938 sqft)$2,098,000$1083/sqft01-05ApartmentOCR15Freehold
2022-09PALMERA RESIDENCELORONG N TELOK KURAU108 sqm (1163 sqft)$1,600,000$1376/sqft01-05ApartmentOCR15Freehold
2022-07PALMERA RESIDENCELORONG N TELOK KURAU51 sqm (549 sqft)$828,000$1508/sqft01-05ApartmentOCR15Freehold
2022-01PALMERA RESIDENCELORONG N TELOK KURAU108 sqm (1163 sqft)$1,460,000$1256/sqft01-05ApartmentOCR15Freehold
2021-08PALMERA RESIDENCELORONG N TELOK KURAU183 sqm (1970 sqft)$2,058,000$1045/sqft01-05ApartmentOCR15Freehold
2021-05PALMERA RESIDENCELORONG N TELOK KURAU142 sqm (1528 sqft)$1,310,000$857/sqft01-05ApartmentOCR15Freehold
2020-05PALMERA RESIDENCELORONG N TELOK KURAU139 sqm (1496 sqft)$1,180,000$789/sqft01-05ApartmentOCR15Freehold
2020-03PALMERA RESIDENCELORONG N TELOK KURAU82 sqm (883 sqft)$1,100,000$1246/sqft01-05ApartmentOCR15Freehold
2020-03PALMERA RESIDENCELORONG N TELOK KURAU112 sqm (1206 sqft)$1,050,000$871/sqft01-05ApartmentOCR15Freehold
2020-01PALMERA RESIDENCELORONG N TELOK KURAU132 sqm (1421 sqft)$1,605,000$1130/sqft01-05ApartmentOCR15Freehold

Market Statistics

Frequently Asked Questions

What is the tenure and property type of Palmera Residence?

Palmera Residence is a freehold apartment development. This tenure provides owners with permanent ownership rights, which is a common preference for buyers in District 15.

What are the median price points for this development?

The median transaction price at Palmera Residence is $1,625,000. On a per square foot basis, the median price is $1,246.261.

What is the range of unit sizes recently transacted?

Recent transactions show a wide variance in unit sizes, ranging from 883 sqft to 1,938 sqft. The 883 sqft unit sold for $1,650,000 while the 1,938 sqft unit sold for $2,098,000.

What was the highest PSF recorded in recent sales?

The highest PSF recorded in recent months was $1,869 for an 883 sqft unit sold on 2024-03-01. This is significantly higher than the project's overall median PSF of $1,246.261.

How many transactions have been recorded for Palmera Residence?

There have been a total of 13 transactions recorded for this project. Five of these transactions occurred between September 2022 and April 2024.

What is the maximum price paid for a unit in the last two years?

The maximum price recorded recently was $2,450,000 for a 1,862 sqft unit on 2024-04-01. This transaction reflects a price of $1,316 per square foot.

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Downtrend-12.7% over period
2 years change:-12.7% ($1508 → $1316)
Median PSF:$1508/sqft