16 Palm Drive

Semi-Detached House · in Bedok, District 15, Singapore · Freehold

Data through 26 February 2018

Intro: 16 Palm Drive is a semi-detached house located along Palm Drive within District 15 with a freehold tenure. So far it has been transacted a total of 2 times, amounting to $6.9M+ in total.

D15OCREastBedok

16 Palm Drive project details

Street

Palm Drive

Property Type

Semi-Detached

Total Units

-1

Unit Size

3,868 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 16 Palm Drive

Siglap517 m MRTTE28
Bedok948 m MRTEW5

See details on nearby stations

Primary schools near 16 Palm Drive

Opera Estate Primary School887 m

See details on nearby schools

16 Palm Drive price, PSF and transaction trends

HDB Buyers

$6.9M+

Total Transacted

23-06-2009

First Transacted

26-02-2018

Last Transacted

Total Transactions

16 Palm Drive transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 16 Palm Drive, the median price was S$3,450,000 and the median PSF was S$892 psf. The newest record shown is from 26 February 2018. The annual project median was 163.3% higher in 2018 than in 2009; unit mix can affect year-to-year comparisons.

Recent 16 Palm Drive transactions

Date	Sale type	Price	PSF	Size
26 February 2018	Resale	S$5,000,000	S$1,293 psf	3,868 sqft
23 June 2009	Resale	S$1,900,000	S$491 psf	3,868 sqft

16 Palm Drive median transaction PSF (S$)

16 Palm Drive annual price trend

Year	Median price	Median PSF	Recorded sales
2018	S$5,000,000	S$1,293 psf	1
2009	S$1,900,000	S$491 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.7 yrs

Avg Holding

$3.1M

Total Profits

16 Palm Drive annualized profit %

View full details

Frequently asked questions about 16 Palm Drive

How much do units at 16 Palm Drive cost?

The latest 2 recorded sales show a median price of S$3,450,000 and a median of S$892 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 16 Palm Drive freehold or leasehold?

16 Palm Drive has a tenure of Freehold.

Which MRT or LRT station is nearest to 16 Palm Drive?

Siglap is the nearest station shown, at an estimated straight-line distance of 517 metres.

Which primary schools are near 16 Palm Drive?

The primary schools shown within the page’s one-kilometre search are Opera Estate Primary School (887 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 26 February 2018. Figures are indicative and do not constitute financial advice.