Palmera Residence
Apartment · in Bedok, District 15, Singapore · Freehold · Completed 2010
Palmera Residence project gallery
Site plan is shown first when available. Scroll to view more project images.
Intro: Palmera Residence is a boutique freehold development in Telok Kurau that keeps you within a six-minute walk of Marine Terrace MRT station 🚇.
Good to know: Located within one kilometer of CHIJ Katong and Tao Nan School 🏫; Features a low-rise five-storey design for added privacy 🏠; Freehold tenure in the established East Region 🌳.
Practical note: With only 38 units, this project offers a quiet, private atmosphere, though those seeking expansive resort-style facilities like tennis courts may prefer a larger development.
Palmera Residence project details
MRT and LRT stations near Palmera Residence
- Marine TerraceTE27
- Marine ParadeMRT
Primary schools near Palmera Residence
- Chij (Katong) Primary
- Tao Nan School
- Ngee Ann Primary School
Palmera Residence price, PSF and transaction trends
Palmera Residence transaction volume
Among the latest 12 recorded sales for Palmera Residence, the median price was S$1,530,000 and the median PSF was S$1,251 psf. The newest record shown is from 8 April 2024. The annual project median was 16.6% higher in 2024 than in 2015; unit mix can affect year-to-year comparisons.
Recent Palmera Residence transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 8 April 2024 | Resale | S$2,450,000 | S$1,316 psf | 1,862 sqft |
| 26 March 2024 | Resale | S$1,650,000 | S$1,869 psf | 883 sqft |
| 2 May 2023 | Resale | S$1,980,000 | S$1,533 psf | 1,292 sqft |
| 13 December 2022 | Resale | S$2,098,000 | S$1,083 psf | 1,938 sqft |
| 13 September 2022 | Resale | S$1,600,000 | S$1,376 psf | 1,163 sqft |
Palmera Residence median transaction PSF (S$)
Palmera Residence annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2024 | S$2,050,000 | S$1,592 psf | 2 |
| 2023 | S$1,980,000 | S$1,533 psf | 1 |
| 2022 | S$1,530,000 | S$1,316 psf | 4 |
| 2021 | S$1,684,000 | S$951 psf | 2 |
| 2020 | S$1,140,000 | S$1,000 psf | 4 |
| 2018 | S$1,070,000 | S$1,198 psf | 5 |
| 2016 | S$1,174,000 | S$1,130 psf | 4 |
| 2015 | S$750,000 | S$1,366 psf | 1 |
Palmera Residence annualized profit %
Palmera Residence rental prices and estimated yield
Among the latest 12 recorded rental contracts for Palmera Residence, the median monthly rent was S$4,050, with records ranging from S$2,800 to S$4,800.
Recent Palmera Residence rental contracts
| Lease date | Bedrooms | Monthly rent | Est. PSF | Area |
|---|---|---|---|---|
| 1 May 2026 | 1 BR | S$2,800 | S$5 psf | 500-600 |
| 1 April 2026 | 2 BR | S$4,000 | S$5 psf | 800-900 |
| 1 March 2026 | 3 BR | S$4,600 | S$4 psf | 1100-1200 |
| 1 February 2026 | 3 BR | S$4,100 | S$4 psf | 1000-1100 |
| 1 November 2025 | 1 BR | S$2,900 | S$5 psf | 500-600 |
Palmera Residence rental volume
Frequently asked questions about Palmera Residence
How much do units at Palmera Residence cost?
The latest 12 recorded sales show a median price of S$1,530,000 and a median of S$1,251 psf. Actual prices vary by floor, size, facing, condition and sale date.
What are the rental price and estimated yield at Palmera Residence?
The latest recorded median monthly rent is S$4,050. Rental yield is indicative and can vary by unit and costs.
Is Palmera Residence freehold or leasehold?
Palmera Residence has a tenure of Freehold.
When was Palmera Residence completed and who developed it?
Palmera Residence was completed in 2010, the developer is World Class Capital (Ln) Pte Ltd, and the project has 38 units.
Which MRT or LRT station is nearest to Palmera Residence?
Marine Terrace is the nearest station shown, at an estimated straight-line distance of 388 metres.
Which primary schools are near Palmera Residence?
The primary schools shown within the page’s one-kilometre search are Chij (Katong) Primary (345 m), Tao Nan School (492 m), and Ngee Ann Primary School (864 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 2026. Figures are indicative and do not constitute financial advice.
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