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  3. PALMERA RESIDENCE

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

Language:

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

Eligibility Check

Estimate stamp duty based on your buyer profile

Stamp duty data is currently unavailable for this property.

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

Estimated gross yield for investors

Gross Yield
3.0%
Moderate
Monthly Rent
$4,000/mo
Median rental price
Annual Rental Income
$48,000/yr
Based on median rent

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

Properties For Sale (2)

PALMERA RESIDENCE 1
PALMERA RESIDENCE 2
PALMERA RESIDENCE 3
PALMERA RESIDENCE 4
PALMERA RESIDENCE 5
PALMERA RESIDENCE 6
PALMERA RESIDENCE 7
PALMERA RESIDENCE 8
PALMERA RESIDENCE 9
PALMERA RESIDENCE 10
PALMERA RESIDENCE 11
PALMERA RESIDENCE 12
PALMERA RESIDENCE 13
PALMERA RESIDENCE 14
PALMERA RESIDENCE 15
For Sale
Condominium
1/15
$2,990,000$1,692 PSF

PALMERA RESIDENCE

LORONG N TELOK KURAU SINGAPORE 425163

3Beds
3Baths
1,767sqft
Verified
View Details
PALMERA RESIDENCE 1
PALMERA RESIDENCE 2
PALMERA RESIDENCE 3
PALMERA RESIDENCE 4
PALMERA RESIDENCE 5
PALMERA RESIDENCE 6
PALMERA RESIDENCE 7
For Sale
Condominium
1/7
$1,338,000$1,337 PSF

PALMERA RESIDENCE

LORONG N TELOK KURAU SINGAPORE 425163

1Beds
1Baths
1,001sqft
Verified
View Details
View all properties for sale in PALMERA RESIDENCE

Properties For Rent (1)

PALMERA RESIDENCE 1
PALMERA RESIDENCE 2
PALMERA RESIDENCE 3
PALMERA RESIDENCE 4
PALMERA RESIDENCE 5
For Rent
Condominium
1/5
$4,000/mo

PALMERA RESIDENCE

LORONG N TELOK KURAU SINGAPORE 425163

2Beds
2Baths
830sqft
Verified
View Details
View all rental properties in PALMERA RESIDENCE

Frequently Asked Questions

What is the average price per square foot (PSF) for PALMERA RESIDENCE?

The average transacted price for PALMERA RESIDENCE is $1,221/sqft based on 13 recorded transactions.

Where is PALMERA RESIDENCE located?

PALMERA RESIDENCE is located in District 15, near KEMBANGAN, EUNOS MRT, Singapore.

Is PALMERA RESIDENCE freehold or leasehold?

PALMERA RESIDENCE is a freehold property.

When was PALMERA RESIDENCE completed?

PALMERA RESIDENCE was completed in 2011.

What schools are near PALMERA RESIDENCE?

Schools near PALMERA RESIDENCE include CHIJ (KATONG) PRIMARY, TAO NAN SCHOOL, ST. PATRICK'S SCHOOL, CHIJ KATONG CONVENT, NGEE ANN PRIMARY SCHOOL.

Who developed PALMERA RESIDENCE?

PALMERA RESIDENCE was developed by World Class Capital Pte Ltd.

Who is eligible to buy at PALMERA RESIDENCE?

PALMERA RESIDENCE is a private property open to all buyers including foreigners. Singapore Citizens pay no Additional Buyer's Stamp Duty (ABSD) on their first property, while Permanent Residents pay 5% and foreigners pay 60% ABSD.

Is PALMERA RESIDENCE a good investment?

PALMERA RESIDENCE has recorded 13 transactions at an average of $1,221/sqft in District 15. Prospective investors should compare these figures with nearby developments and consider factors like lease tenure, unit size, and rental demand.

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