3 Palm Grove Avenue

Terrace House · in Hougang, District 19, Singapore · 999 yrs from 02/12/1878 · Completed 1998

Data through 1 May 2025

Intro: 3 Palm Grove Avenue is a terrace house located along Palm Grove Avenue within District 19 with a 999-year lease commencing on 2 December 1878. It was completed in 1998. So far it has been transacted a total of 2 times, amounting to $4.7M+ in total.

D19OCRNorth EastHougang

3 Palm Grove Avenue project details

Street

Palm Grove Avenue

Property Type

Terrace

Completion

1998

Total Units

-1

Unit Size

2,433 - 2,435 sqft

Tenure

999 yrs from 02/12/1878

Lease Remaining

851 yrs

Postal Sector

MRT and LRT stations near 3 Palm Grove Avenue

Kovan579 m MRTNE13

See details on nearby stations

Primary schools near 3 Palm Grove Avenue

Zhonghua Primary School1,000 m

See details on nearby schools

3 Palm Grove Avenue price, PSF and transaction trends

50%

HDB Buyers

$4.7M+

Total Transacted

15-08-1996

First Transacted

13-11-2020

Last Transacted

Total Transactions

3 Palm Grove Avenue transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 3 Palm Grove Avenue, the median price was S$2,370,000 and the median PSF was S$974 psf. The newest record shown is from 13 November 2020. The annual project median was 50.7% higher in 2020 than in 1996; unit mix can affect year-to-year comparisons.

Recent 3 Palm Grove Avenue transactions

Date	Sale type	Price	PSF	Size
13 November 2020	Resale	S$2,850,000	S$1,171 psf	2,435 sqft
15 August 1996	New Sale	S$1,890,000	S$777 psf	2,433 sqft

3 Palm Grove Avenue median transaction PSF (S$)

3 Palm Grove Avenue annual price trend

Year	Median price	Median PSF	Recorded sales
2020	S$2,850,000	S$1,171 psf	1
1996	S$1,890,000	S$777 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

24.2 yrs

Avg Holding

$960,000

Total Profits

3 Palm Grove Avenue annualized profit %

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3 Palm Grove Avenue rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for 3 Palm Grove Avenue, the median monthly rent was S$3,750, with records ranging from S$2,800 to S$4,600.

Recent 3 Palm Grove Avenue rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 May 2025	—	S$3,500	S$2 psf	2000-2500
1 May 2023	—	S$3,500	S$2 psf	2000-2500
1 June 2022	—	S$4,600	S$2 psf	2000-2500
1 May 2021	—	S$2,800	S$2 psf	1500-2000
1 May 2020	—	S$4,200	S$2 psf	2000-2500

3 Palm Grove Avenue rental volume

View full details

Frequently asked questions about 3 Palm Grove Avenue

How much do units at 3 Palm Grove Avenue cost?

The latest 2 recorded sales show a median price of S$2,370,000 and a median of S$974 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 3 Palm Grove Avenue?

The latest recorded median monthly rent is S$3,750. Rental yield is indicative and can vary by unit and costs.

Is 3 Palm Grove Avenue freehold or leasehold?

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

When was 3 Palm Grove Avenue completed?

3 Palm Grove Avenue was completed in 1998.

Which MRT or LRT station is nearest to 3 Palm Grove Avenue?

Kovan is the nearest station shown, at an estimated straight-line distance of 579 metres.

Which primary schools are near 3 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 1 May 2025. Figures are indicative and do not constitute financial advice.