Palm Grove Condominium
REALSCOREⓘ
Profitability rank across Singapore
3.2
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
4.3%
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 🚌.
< 1km
MRT Station
Near
$1M+ HDB
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Palm Grove Avenue
Developer
N.A.
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
54
Nearby Stations
- KovanNE13
Nearby Primary Schools
- Zhonghua Primary School
Transaction
N.A.
Sold At Launch
40%
HDB Buyers
$296.8M+
Total Transacted
01-07-2000
First Transacted
27-02-2026
Last Transacted
252
Total Transactions
Transaction Volume
New SaleSub SaleResale
76.6%
% Profitable
108
Profitable
33
Unprofitable
33
> 6% Annualized
8.6 yrs
Avg Holding
$50.6M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 3 | 2.70% | 678 sqft |
| 3 BR | 40 | 36.00% | 1,201 - 1,400 sqft |
| 3 BR | 37 | 33.30% | 1,401 - 1,600 sqft |
| 3 BR / Penthouse | 11 | 9.90% | 1,601 - 1,800 sqft |
| 3 BR / Penthouse | 20 | 18.00% | 1,801 - 1,927 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 21 | 547320 | 85.0% | 2.4% |
| 23 | 547325 | 75.8% | 5.1% |
| 19 | 547315 | 75.0% | 3.3% |
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