Palmwoods

Condominium · in Bedok, District 16, Singapore · 99 yrs from 12/06/1996 · Completed 1999

Data through 1 August 2026

Palmwoods property photo and location

Intro: Palmwoods provides a low-density living experience in Bedok, offering residents a peaceful community atmosphere with easy access to Tanah Merah MRT station 🚆.
Good to know: Features a boutique collection of only 87 units for a more private living environment 🏡; Located within 1km of several schools including Anglican High and St. Anthony's Canossian Primary 🏫.
Practical note: As a smaller, mature development completed in 1999, it offers a more established feel rather than the extensive modern facilities found in newer mega-projects.

D16OCREastBedok

REALSCOREⓘ

Profitability rank across Singapore

3.3

Annual Returns

Avg annualized profit (past 1y)

7.1%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Palmwoods project details

Street

Upper Changi Road

Property Type

Condominium

Completion

1999

Total Units

Plot Ratio

1.4

Unit Size

850 - 2,756 sqft

Tenure

99 yrs from 12/06/1996

Lease Remaining

69 yrs

Postal Sector

GLS Site

Land Use

Residential (Non-Landed)

Development Type

Mixed Landed or Condominium

Site Area

7557.00

Plot Ratio

1.40

Permissible GFA

10580.00

GLS Launch

29-11-1995

Tender Closed

24-01-1996

Awarded

15-03-1996

Awarded To

Sing Development (Pte) Ltd

Bids

Winning Tender

36800000.00

Land Rate (GFA)

3478.26

Land Rate (ppr)

323.14

Max GFA (Est.)

10580.00

MRT and LRT stations near Palmwoods

Tanah Merah558 m MRTEW4

See details on nearby stations

Primary schools near Palmwoods

St. Anthony'S Canossian Primary School763 m
Bedok Green Primary School1,000 m
Changkat Primary School1,000 m

See details on nearby schools

Palmwoods price, PSF and transaction trends

49%

HDB Buyers

$143.8M+

Total Transacted

07-06-1997

First Transacted

22-05-2026

Last Transacted

194

Total Transactions

Palmwoods transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Palmwoods, the median price was S$1,247,500 and the median PSF was S$1,029 psf. The newest record shown is from 22 May 2026. The annual project median was 42.7% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Palmwoods transactions

Date	Sale type	Price	PSF	Size
22 May 2026	Resale	S$1,640,000	S$1,270 psf	1,292 sqft
29 December 2025	Resale	S$1,080,000	S$1,270 psf	850 sqft
26 September 2025	Resale	S$1,680,000	S$1,249 psf	1,346 sqft
29 July 2025	Resale	S$1,450,000	S$1,225 psf	1,184 sqft
23 May 2024	Resale	S$1,420,000	S$1,099 psf	1,292 sqft

Palmwoods median transaction PSF (S$)

Palmwoods annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,640,000	S$1,270 psf	1
2025	S$1,450,000	S$1,249 psf	3
2024	S$1,420,000	S$1,099 psf	1
2023	S$1,200,000	S$1,006 psf	3
2022	S$880,000	S$961 psf	5
2021	S$1,105,000	S$912 psf	5
2020	S$1,412,000	S$930 psf	1
2019	S$980,000	S$890 psf	2

72.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.4 yrs

Avg Holding

$15.9M

Total Profits

Palmwoods annualized profit %

View full details

Palmwoods rental prices and estimated yield

Past 1 month

$3.41

Avg PSF Rental

No. of Rentals

3.2%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Palmwoods, the median monthly rent was S$3,275, with records ranging from S$2,800 to S$4,700.

Recent Palmwoods rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	2 BR	S$2,800	S$3 psf	1000-1100
1 August 2026	3 BR	S$4,150	S$4 psf	1100-1200
1 July 2026	2 BR	S$3,350	S$4 psf	800-900
1 June 2026	3 BR	S$4,700	S$4 psf	1200-1300
1 June 2026	2 BR	S$3,200	S$3 psf	1000-1100

Palmwoods rental volume

View full details

Frequently asked questions about Palmwoods

How much do units at Palmwoods cost?

The latest 12 recorded sales show a median price of S$1,247,500 and a median of S$1,029 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Palmwoods?

The latest recorded median monthly rent is S$3,275 and the estimated rental yield based on the past six months is 3.2%. Rental yield is indicative and can vary by unit and costs.

Is Palmwoods freehold or leasehold?

Palmwoods has a tenure of 99 yrs from 12/06/1996.

When was Palmwoods completed?

Palmwoods was completed in 1999 and the project has 87 units.

Which MRT or LRT station is nearest to Palmwoods?

Tanah Merah is the nearest station shown, at an estimated straight-line distance of 558 metres.

Which primary schools are near Palmwoods?

The primary schools shown within the page’s one-kilometre search are St. Anthony'S Canossian Primary School (763 m), Bedok Green Primary School (1,000 m), and Changkat 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 August 2026. Figures are indicative and do not constitute financial advice.