D' PALMA Review

Condo Review 4 min read Last reviewed
District 14 · Freehold
~$1,578Avg PSF (12-month)
18Total units
Category Ratings
Walkability
7.0
Investment
7.0
En-Bloc Potential
3.4
ShiokNest Score
4.2

Overview & Key Facts

D' PALMA is a freehold condominium at LORONG MYDIN in District 14 (OCR), developed by , comprising 18 units.

Developer
Tenure
Freehold
Total units
18
TOP year
District
14 — OCR
Street
LORONG MYDIN

Location & Connectivity

D' PALMA is approximately 170m from Kembangan MRT station, with 3 stations within 1.5 km.

MRT stations near D' PALMA
StationLineDistance
KembanganEast-West Line170m
EunosEast-West Line970m
Marine TerraceThomson-East Coast Line1.5 km

Schools & Education

11 schools within 2 km (1 within 1 km priority zone).

Schools near D' PALMA
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary820m
Canossa Catholic Primary SchoolPrimary1.2 km
Chung Cheng High School (Main)Secondary1.4 km
East Coast Primary SchoolPrimary1.7 km
Global Indian International School (GIIS East Coast)International1.7 km
Tanjong Katong Girls' SchoolSecondary1.7 km
Canadian International School (Tanjong Katong)International1.8 km
Broadrick Secondary SchoolSecondary1.8 km

Market Position

D' PALMA has recorded 3 sales at an average price of $1,366,296.

D' PALMA sits at the 46th percentile of District 14 condo PSF.
$1,578 psf
Avg PSF (12mo)
$1,366,296
Avg Price
2.7%
Gross Yield
3
Total Sales

Price Appreciation

PSF trend for D' PALMA
YearSalesAvg PSFYoY
20211$1,249 psf
20241$1,025 psf↓ 17.9%
20251$1,578 psf↑ 54.0%

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The latest reading marks the highest point in this series — D' PALMA prices have climbed 26.4% since 2021.

Price Index Check

The ShiokNest Price Index for District 14 reads 121.5 as of June 2026 — down 8.2% 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 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,187 psf493
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,765 psf373
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,330 psf243
THE ANTARES99 yrs lease commencing from 2018$1,834 psf229

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 18-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold. MRT proximity is the standout commute feature for daily transit users.


Verdict

D' PALMA is a freehold development in District 14 (OCR), with 18 units, offering a gross yield of 2.7%.

At ~$1,578 psf, it represents a competitive entry point in the OCR segment.

Explore the full D' PALMA dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing D' PALMA against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (310m away), an upgrader gap of about $700,000
  • Geylang — 4-room average $761,443 (790m away), an upgrader gap of about $600,000
  • Marine Parade — 4-room average $648,065 (1.6 km away), an upgrader gap of about $700,000

FAQ

What is the average PSF for D' PALMA?
The 12-month average is approximately $1,578 psf.
Is D' PALMA freehold?
Yes, D' PALMA is a freehold property.
What is the rental yield for D' PALMA?
The estimated gross yield is 2.7%.
Which MRT is nearest to D' PALMA?
The nearest is Kembangan MRT at 170m.

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: 3 transactions
  • Rental data: 33 leases
  • Source: URA REALIS

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

Data as of April 2025

Latest recorded data point: Apr 2025 · 3 records analysed · Source: URA private-sale caveats

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