EAST PALM Review

Condo Review 4 min read Last reviewed
District 15 · Freehold · Completed 2004
~$1,762Avg PSF (12-month)
42Total units
Category Ratings
Walkability
5.8
Investment
5.9
En-Bloc Potential
4.7
ShiokNest Score
4.3

Overview & Key Facts

EAST PALM is a freehold condominium at PALM ROAD in District 15 (OCR), developed by POH HENG REALTY, comprising 42 units, completed in 2004.

Developer
POH HENG REALTY
Tenure
Freehold
Total units
42
TOP year
2004
District
15 — OCR
Street
PALM ROAD

Location & Connectivity

EAST PALM is approximately 620m from Siglap MRT station, with 3 stations within 1.5 km.

MRT stations near EAST PALM
StationLineDistance
SiglapThomson-East Coast Line620m
BayshoreThomson-East Coast Line920m
BedokEast-West Line1.2 km

Schools & Education

13 schools within 2 km (4 within 1 km priority zone).

Schools near EAST PALM
SchoolTypeDistance
Dunman High SchoolSecondary630m
Dunman High School (JC)Jc630m
Global Indian International School (GIIS East Coast)International770m
East Coast Primary SchoolPrimary780m
Chung Cheng High School (Main)Secondary1 km
Victoria SchoolSecondary1.1 km
Victoria Junior CollegeJc1.1 km
Temasek Junior CollegeJc1.1 km

Unit Mix & Pricing

Unit mix for EAST PALM
TypeSalesAvg PSFAvg Price
3 BR17$1,579 psf$1,831,993
4 BR2$1,246 psf$2,180,000
5+ BR1$1,259 psf$2,750,000

Market Position

EAST PALM has recorded 20 sales at an average price of $1,912,694.

EAST PALM sits at the 50th percentile of District 15 condo PSF.
$1,762 psf
Avg PSF (12mo)
$1,912,694
Avg Price
2.5%
Gross Yield
20
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at EAST PALM
TypeAvg RentAvg PriceGross Yield
3 BR$4,136/mo$1,831,9932.71%
4 BR$4,450/mo$2,180,0002.45%

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Price Appreciation

PSF trend for EAST PALM
YearSalesAvg PSFYoY
20211$1,290 psf
20221$1,440 psf↑ 11.6%
20236$1,440 psf↑ 0.0%
20249$1,549 psf↑ 7.6%
20252$1,739 psf↑ 12.3%
20261$1,806 psf↑ 3.9%

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The latest reading marks the highest point in this series — EAST PALM prices have climbed 40.0% since 2021.

Price Index Check

The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

What Could Work Against You

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 42-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits car-owning households, yield-focused investors, long-term hold (10+ yr) and en-bloc speculators best. Parking and arterial road access matter more here than walking-distance MRT.


Verdict

EAST PALM is a freehold development in District 15 (OCR), with 42 units, offering a gross yield of 2.5%.

At ~$1,762 psf, it represents a competitive entry point in the OCR segment.

Explore the full EAST PALM dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bedok — 4-room average $659,895 (760m away), an upgrader gap of about $1,250,000
  • Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $1,150,000
  • Marine Parade — 4-room average $648,065 (1.7 km away), an upgrader gap of about $1,250,000

FAQ

What is the average PSF for EAST PALM?
The 12-month average is approximately $1,762 psf.
Is EAST PALM freehold?
Yes, EAST PALM is a freehold property.
What is the rental yield for EAST PALM?
The estimated gross yield is 2.5%.
Which MRT is nearest to EAST PALM?
The nearest is Siglap MRT at 620m.

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: 20 transactions
  • Rental data: 63 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 20 records analysed · Source: URA private-sale caveats

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