COCO PALMS Review

Condo Review 4 min read Last reviewed
District 18 · 99 yrs lease commencing from 2008 · Completed 2019
~$1,667Avg PSF (12-month)
1,586Total units
Category Ratings
Walkability
7.0
Investment
6.4
En-Bloc Potential
1.7
ShiokNest Score
4.5

Overview & Key Facts

COCO PALMS is a 99 yrs lease commencing from 2008 condominium at PASIR RIS GROVE in District 18 (OCR), developed by HONG REALTY (PRIVATE) LIMITED, comprising 1586 units, completed in 2019.

Developer
HONG REALTY (PRIVATE) LIMITED
Tenure
99 yrs lease commencing from 2008
Total units
1,586
TOP year
2019
District
18 — OCR
Street
PASIR RIS GROVE
Lease remaining
~81 years (of 99)

Location & Connectivity

COCO PALMS is approximately 430m from Pasir Ris MRT station.

MRT stations near COCO PALMS
StationLineDistance
Pasir RisEast-West Line430m

Schools & Education

13 schools within 2 km (8 within 1 km priority zone).

Schools near COCO PALMS
SchoolTypeDistance
White Sands Primary SchoolPrimary320m
Pasir Ris Secondary SchoolSecondary500m
Pasir Ris Primary SchoolPrimary620m
Brighton College (Singapore)International760m
Elias Park Primary SchoolPrimary810m
Pasir Ris Crest Secondary SchoolSecondary830m
Stamford American International SchoolInternational960m
Meridian Secondary SchoolSecondary990m

Unit Mix & Pricing

Unit mix for COCO PALMS
TypeSalesAvg PSFAvg Price
Studio38$1,578 psf$730,237
1 BR3$1,143 psf$713,667
2 BR130$1,499 psf$1,226,955
3 BR49$1,406 psf$1,683,448
4 BR34$1,386 psf$2,083,088
5+ BR5$1,182 psf$2,878,000

Market Position

COCO PALMS has recorded 259 sales at an average price of $1,378,757.

COCO PALMS sits at the 84th percentile of District 18 condo PSF.
$1,667 psf
Avg PSF (12mo)
$1,378,757
Avg Price
3.1%
Gross Yield
259
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at COCO PALMS typically rent harder per dollar of purchase price:

Per-bedroom gross yield at COCO PALMS
TypeAvg RentAvg PriceGross Yield
1 BR$2,676/mo$713,6674.50%
2 BR$3,355/mo$1,226,9553.28%
3 BR$4,105/mo$1,683,4482.93%
4 BR$5,352/mo$2,083,0883.08%
5 BR$7,624/mo$2,878,0003.18%

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Price Appreciation

PSF trend for COCO PALMS
YearSalesAvg PSFYoY
202169$1,256 psf
202256$1,359 psf↑ 8.2%
202328$1,497 psf↑ 10.2%
202437$1,634 psf↑ 9.1%
202544$1,655 psf↑ 1.3%
202625$1,690 psf↑ 2.1%

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COCO PALMS prices sit at a fresh series high after a 2.1% gain on the prior period, now 34.5% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 18 reads 132.1 as of June 2026 — down 4.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 18 competitors
CondoTenureAvg PSFSales
TREASURE AT TAMPINES99-year leasehold$1,592 psf1198
PARKTOWN RESIDENCE99 yrs lease commencing from 2023$2,367 psf1165
AURELLE OF TAMPINES99 yrs lease commencing from 2024$1,769 psf758
TENET99 yrs lease commencing from 2021$1,386 psf618
RIVELLE TAMPINES99 years leasehold$1,933 psf558

Lease Analysis

With 81 years remaining on its 99-year lease, COCO PALMS still qualifies for full bank financing and CPF usage.

Who This Actually Suits

The profile fits mrt-walkable commuters, international school families, nature / park-fronting and long-term hold (10+ yr) best. Located ~432m from Pasir Ris MRT, this property is a comfortable daily walk for transit commuters.


Verdict

COCO PALMS is a 99 yrs lease commencing from 2008 development in District 18 (OCR), with 1586 units, offering a gross yield of 3.1%.

At ~$1,667 psf, it represents a competitive entry point in the OCR segment.

Explore the full COCO PALMS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing COCO PALMS against staying public? These HDB towns sit within walking or short-drive distance:

  • Pasir Ris — 4-room average $655,465 (90m away), an upgrader gap of about $700,000
  • Tampines — 4-room average $683,199 (620m away), an upgrader gap of about $700,000

FAQ

What is the average PSF for COCO PALMS?
The 12-month average is approximately $1,667 psf.
Is COCO PALMS freehold?
COCO PALMS has a 99 yrs lease commencing from 2008 tenure with ~81 years remaining.
What is the rental yield for COCO PALMS?
The estimated gross yield is 3.1%.
Which MRT is nearest to COCO PALMS?
The nearest is Pasir Ris MRT at 430m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 259 transactions
  • Rental data: 1123 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 259 records analysed · Source: URA private-sale caveats

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