Palm Grove Condominium

Condominium · in Hougang, District 19, Singapore · 999 yrs from 02/12/1878 · Completed 2002

Data through 1 July 2026

Palm Grove Condominium site plan and project gallery

Site plan of Palm Grove Condominium in Singapore

Site plan is shown first when available. Scroll to view more project images.

Intro: Palm Grove Condominium is a well-regarded, low-rise residential enclave in Kovan that offers a quiet community atmosphere with reliable access to Kovan MRT station 🚆.
Good to know: Features a diverse unit mix including spacious 3-bedroom layouts and penthouses reaching up to 1,927 square feet 🏡; Situated within 1km of Zhonghua Primary School and Peicai Secondary School for family convenience 🏫; Offers a rare 999-year leasehold tenure completed in 2002.
Practical note: While the location is convenient, residents should note that the walk to the MRT is about 10 minutes, making it more suitable for those who don't mind a short stroll or prefer using local bus routes 🚌.

D19OCRNorth EastHougang

REALSCOREⓘ

Profitability rank across Singapore

3.2

Annual Returns

Avg annualized profit (past 1y)

4.2%

< 1km

MRT Station

Near

$1M+ HDB

Mega

Development

< 10y

Property Age

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Palm Grove Condominium project details

Street

Palm Grove Avenue

Property Type

Condominium

Completion

2002

Total Units

111

Plot Ratio

1.4

Unit Size

678 - 1,927 sqft

Tenure

999 yrs from 02/12/1878

Lease Remaining

851 yrs

Postal Sector

MRT and LRT stations near Palm Grove Condominium

Kovan632 m MRTNE13

See details on nearby stations

Primary schools near Palm Grove Condominium

Zhonghua Primary School954 m

See details on nearby schools

Palm Grove Condominium price, PSF and transaction trends

41%

HDB Buyers

$298.8M+

Total Transacted

01-07-2000

First Transacted

29-06-2026

Last Transacted

253

Total Transactions

Palm Grove Condominium transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Palm Grove Condominium, the median price was S$2,200,000 and the median PSF was S$1,481 psf. The newest record shown is from 29 June 2026. The annual project median was 45.4% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Palm Grove Condominium transactions

Date	Sale type	Price	PSF	Size
29 June 2026	Resale	S$1,988,000	S$1,526 psf	1,302 sqft
27 February 2026	Resale	S$2,200,000	S$1,560 psf	1,410 sqft
1 December 2025	Resale	S$2,750,000	S$1,427 psf	1,927 sqft
2 October 2025	Resale	S$950,000	S$1,401 psf	678 sqft
13 June 2025	Resale	S$1,918,000	S$1,473 psf	1,302 sqft

Palm Grove Condominium median transaction PSF (S$)

Palm Grove Condominium annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$2,094,000	S$1,543 psf	2
2025	S$2,100,000	S$1,427 psf	5
2024	S$2,239,000	S$1,460 psf	6
2023	S$2,000,000	S$1,440 psf	5
2022	S$2,040,000	S$1,336 psf	4
2021	S$1,925,000	S$1,200 psf	8
2020	S$1,615,000	S$1,116 psf	6
2019	S$1,615,000	S$1,061 psf	6

76.8%

% Profitable

109

Profitable

Unprofitable

> 6% Annualized

8.6 yrs

Avg Holding

$51.1M

Total Profits

Palm Grove Condominium annualized profit %

View full details

Palm Grove Condominium rental prices and estimated yield

Past 1 month

$3.51

Avg PSF Rental

No. of Rentals

2.7%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Palm Grove Condominium, the median monthly rent was S$4,550, with records ranging from S$2,800 to S$5,300.

Recent Palm Grove Condominium rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	3 BR	S$5,000	S$3 psf	1400-1500
1 April 2026	3 BR	S$4,500	S$3 psf	1300-1400
1 April 2026	1 BR	S$2,800	S$4 psf	600-700
1 February 2026	3 BR	S$4,300	S$3 psf	1400-1500
1 November 2025	3 BR	S$4,200	S$3 psf	1400-1500

Palm Grove Condominium rental volume

View full details

Frequently asked questions about Palm Grove Condominium

How much do units at Palm Grove Condominium cost?

The latest 12 recorded sales show a median price of S$2,200,000 and a median of S$1,481 psf. Actual prices vary by floor, size, facing, condition and sale date.

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

The latest recorded median monthly rent is S$4,550 and the estimated rental yield based on the past six months is 2.7%. Rental yield is indicative and can vary by unit and costs.

Is Palm Grove Condominium freehold or leasehold?

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

When was Palm Grove Condominium completed?

Palm Grove Condominium was completed in 2002 and the project has 111 units.

Which MRT or LRT station is nearest to Palm Grove Condominium?

Kovan is the nearest station shown, at an estimated straight-line distance of 632 metres.

Which primary schools are near Palm Grove Condominium?

The primary schools shown within the page’s one-kilometre search are Zhonghua Primary School (954 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 July 2026. Figures are indicative and do not constitute financial advice.