Palace Mansions

Apartment · in Geylang, District 14, Singapore · Freehold

Data through 1 October 2010

Intro: Palace Mansions provides a low-rise, freehold residential experience in Geylang that balances generous floor plans with an eight-minute walk to Aljunied MRT station 🚇.
Good to know: Located within one kilometer of Kong Hwa School 🏫; Features a low-density four-storey structure 🏠; Offers direct access to the East West Line 🚆.
Practical note: As an older, low-density development, it lacks the expansive facility sets found in newer projects, making it a better fit for those who value internal space over communal pools or gyms.

D14RCRCentralGeylang

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Top 20

Schools

Mega

Development

< 10y

Property Age

100%

Profitable

50+

Deals Past Yr

Palace Mansions project details

Street

Lorong 26 Geylang

Property Type

Apartment

Total Units

-1

Plot Ratio

2.8

Unit Size

1,572 - 14,478 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Palace Mansions

Aljunied481 m MRTEW9
Dakota613 m MRTCC8
Mountbatten669 m MRTCC7

See details on nearby stations

Primary schools near Palace Mansions

Kong Hwa School396 m
Geylang Methodist School (Primary)584 m

See details on nearby schools

Palace Mansions price, PSF and transaction trends

60%

HDB Buyers

$13.0M+

Total Transacted

01-03-1995

First Transacted

04-08-2010

Last Transacted

Total Transactions

Palace Mansions transaction volume

New SaleSub SaleResale

Among the latest 6 recorded sales for Palace Mansions, the median price was S$682,500 and the median PSF was S$373 psf. The newest record shown is from 4 August 2010. The annual project median was 96.8% higher in 2010 than in 1995; unit mix can affect year-to-year comparisons.

Recent Palace Mansions transactions

Date	Sale type	Price	PSF	Size
4 August 2010	Resale	S$5,310,000	S$734 psf	7,239 sqft
4 August 2010	Resale	S$5,310,000	S$734 psf	7,239 sqft
2 May 2007	Resale	S$510,000	S$244 psf	2,088 sqft
8 November 2001	Resale	S$464,000	S$295 psf	1,572 sqft
1 December 2000	Resale	S$779,000	S$373 psf	2,088 sqft

Palace Mansions median transaction PSF (S$)

Palace Mansions annual price trend

Year	Median price	Median PSF	Recorded sales
2010	S$5,310,000	S$734 psf	2
2007	S$510,000	S$244 psf	1
2001	S$464,000	S$295 psf	1
2000	S$779,000	S$373 psf	1
1995	S$586,000	S$373 psf	1

0.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.7 yrs

Avg Holding

-$122,000

Total Profits

Palace Mansions annualized profit %

View full details

Palace Mansions rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Palace Mansions, the median monthly rent was S$2,550, with records ranging from S$1,250 to S$3,450.

Recent Palace Mansions rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 October 2010	—	S$2,600	S$1 psf	1700-1800
1 April 2010	—	S$2,400	S$2 psf	1200-1300
1 February 2010	—	S$3,000	S$2 psf	1700-1800
1 August 2009	—	S$3,000	S$2 psf	1700-1800
1 April 2009	—	S$2,500	S$2 psf	1200-1300

Palace Mansions rental volume

View full details

Frequently asked questions about Palace Mansions

How much do units at Palace Mansions cost?

The latest 6 recorded sales show a median price of S$682,500 and a median of S$373 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Palace Mansions?

The latest recorded median monthly rent is S$2,550. Rental yield is indicative and can vary by unit and costs.

Is Palace Mansions freehold or leasehold?

Palace Mansions has a tenure of Freehold.

Which MRT or LRT station is nearest to Palace Mansions?

Aljunied is the nearest station shown, at an estimated straight-line distance of 481 metres.

Which primary schools are near Palace Mansions?

The primary schools shown within the page’s one-kilometre search are Kong Hwa School (396 m) and Geylang Methodist School (Primary) (584 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 October 2010. Figures are indicative and do not constitute financial advice.