Palmera Residence
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Palmera Residence is an apartment located along Lorong N Telok Kurau within District 15 with a freehold tenure. Developed by World Class Capital (Ln) Pte Ltd, it was completed in 2010 with 38 units in total. So far it has been transacted a total of 83 times, amounting to $87.0M+ in total.
< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Top 20
Schools
Mega
Development
< 10y
Property Age
100%
Profitable
50+
Deals Past Yr
Project Facts
Street
Lorong N Telok Kurau
Developer
World Class Capital (Ln) Pte Ltd
Property Type
Apartment
Completion
2010
Total Units
38
Plot Ratio
1.4
Unit Size
549 - 1,970 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
42
Nearby Stations
- Marine TerraceTE27
- Marine ParadeMRT
Nearby Primary Schools
- Chij (Katong) Primary
- Tao Nan School
- Ngee Ann Primary School
Transaction
29%
Sold At Launch
41%
HDB Buyers
$87.0M+
Total Transacted
19-02-2009
First Transacted
08-04-2024
Last Transacted
83
Total Transactions
Transaction Volume
New SaleSub SaleResale
97.7%
% Profitable
43
Profitable
2
Unprofitable
22
> 6% Annualized
4.7 yrs
Avg Holding
$11.9M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 6 | 15.80% | 549 - 1,528 sqft |
| 2 BR | 11 | 28.90% | 850 - 1,496 sqft |
| 3 BR | 14 | 36.80% | 1,001 - 1,862 sqft |
| 4 BR | 6 | 15.80% | 1,206 - 1,970 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 38 | 425163 | 95.6% | 8.7% |
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