2 Palm Grove Avenue

Semi-Detached House · in Hougang, District 19, Singapore · 999 yrs from 02/12/1878 · Completed 1985

Data through 9 April 2011

Intro: 2 Palm Grove Avenue is a semi-detached house located along Palm Grove Avenue within District 19 with a 999-year lease commencing on 2 December 1878. It was completed in 1985. So far it has been transacted a total of 2 times, amounting to $5.5M+ in total.

D19OCRNorth EastHougang

2 Palm Grove Avenue project details

Street

Palm Grove Avenue

Property Type

Semi-Detached

Completion

1985

Total Units

-1

Unit Size

5,084 sqft

Tenure

999 yrs from 02/12/1878

Lease Remaining

851 yrs

Postal Sector

MRT and LRT stations near 2 Palm Grove Avenue

Kovan590 m MRTNE13

See details on nearby stations

Primary schools near 2 Palm Grove Avenue

Zhonghua Primary School1,000 m

See details on nearby schools

2 Palm Grove Avenue price, PSF and transaction trends

HDB Buyers

$5.5M+

Total Transacted

28-11-2002

First Transacted

09-04-2011

Last Transacted

Total Transactions

2 Palm Grove Avenue transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 2 Palm Grove Avenue, the median price was S$2,750,000 and the median PSF was S$540 psf. The newest record shown is from 9 April 2011. The annual project median was 123.7% higher in 2011 than in 2002; unit mix can affect year-to-year comparisons.

Recent 2 Palm Grove Avenue transactions

Date	Sale type	Price	PSF	Size
9 April 2011	Resale	S$3,800,000	S$747 psf	5,084 sqft
28 November 2002	Resale	S$1,700,000	S$334 psf	5,084 sqft

2 Palm Grove Avenue median transaction PSF (S$)

2 Palm Grove Avenue annual price trend

Year	Median price	Median PSF	Recorded sales
2011	S$3,800,000	S$747 psf	1
2002	S$1,700,000	S$334 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.4 yrs

Avg Holding

$2.1M

Total Profits

2 Palm Grove Avenue annualized profit %

View full details

Frequently asked questions about 2 Palm Grove Avenue

How much do units at 2 Palm Grove Avenue cost?

The latest 2 recorded sales show a median price of S$2,750,000 and a median of S$540 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 2 Palm Grove Avenue freehold or leasehold?

2 Palm Grove Avenue has a tenure of 999 yrs from 02/12/1878.

When was 2 Palm Grove Avenue completed?

2 Palm Grove Avenue was completed in 1985.

Which MRT or LRT station is nearest to 2 Palm Grove Avenue?

Kovan is the nearest station shown, at an estimated straight-line distance of 590 metres.

Which primary schools are near 2 Palm Grove Avenue?

The primary schools shown within the page’s one-kilometre search are Zhonghua Primary School (1,000 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 9 April 2011. Figures are indicative and do not constitute financial advice.