SANDY PALM Review

Condo Review 5 min read Last reviewed
District 17 · 99 yrs lease commencing from 1996 · Completed 2002
~$1,122Avg PSF (12-month)
48Total units
Category Ratings
Walkability
2.8
Investment
6.1
En-Bloc Potential
5.8
ShiokNest Score
3.7

Overview & Key Facts

SANDY PALM is a 99 yrs lease commencing from 1996 condominium at JALAN LOYANG BESAR in District 17 (OCR), developed by LCD PROPERTY PTE LTD, comprising 48 units, completed in 2002.

Developer
LCD PROPERTY PTE LTD
Tenure
99 yrs lease commencing from 1996
Total units
48
TOP year
2002
District
17 — OCR
Street
JALAN LOYANG BESAR
Lease remaining
~69 years (of 99)

Location & Connectivity

SANDY PALM is approximately 1300m from Pasir Ris MRT station.

MRT stations near SANDY PALM
StationLineDistance
Pasir RisEast-West Line1.3 km

Schools & Education

9 schools within 2 km.

Schools near SANDY PALM
SchoolTypeDistance
Pasir Ris Crest Secondary SchoolSecondary1.1 km
Pasir Ris Primary SchoolPrimary1.1 km
Stamford American International SchoolInternational1.2 km
Meridian Primary SchoolPrimary1.2 km
Meridian Secondary SchoolSecondary1.2 km
Elias Park Primary SchoolPrimary1.3 km
Pasir Ris Secondary SchoolSecondary1.3 km
Brighton College (Singapore)International1.3 km

Unit Mix & Pricing

Unit mix for SANDY PALM
TypeSalesAvg PSFAvg Price
3 BR6$840 psf$1,090,648
4 BR3$862 psf$1,430,667

Market Position

SANDY PALM has recorded 9 sales at an average price of $1,203,988.

SANDY PALM sits at the 8th percentile of District 17 condo PSF.
$1,122 psf
Avg PSF (12mo)
$1,203,988
Avg Price
3.2%
Gross Yield
9
Total Sales

Price Appreciation

PSF trend for SANDY PALM
YearSalesAvg PSFYoY
20215$747 psf
20221$843 psf↑ 12.9%
20231$937 psf↑ 11.1%
20241$986 psf↑ 5.2%
20251$1,122 psf↑ 13.8%

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The latest reading marks the highest point in this series — SANDY PALM prices have climbed 50.2% since 2021.

Price Index Check

The ShiokNest Price Index for District 17 reads 148.0 as of June 2026. 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 17 competitors
CondoTenureAvg PSFSales
COASTAL CABANA99 years leasehold$1,793 psf619
THE JOVELL99 yrs lease commencing from 2018$1,395 psf271
KASSIAFreehold$2,032 psf228
HEDGES PARK CONDOMINIUM99 yrs lease commencing from 2010$1,154 psf196
PARC KOMOFreehold$1,628 psf179

Lease Analysis

With 69 years remaining on its 99-year lease, SANDY PALM still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 48-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 car-owning households, long-term hold (10+ yr), first-time hdb upgraders and cpf-only buyers. Suits households with a car who value parking access alongside MRT proximity.

For yield-focused investors, it can work — but weigh the trade-offs before committing.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

SANDY PALM is a 99 yrs lease commencing from 1996 development in District 17 (OCR), with 48 units, offering a gross yield of 3.2%.

At ~$1,122 psf, it represents a competitive entry point in the OCR segment.

Explore the full SANDY PALM dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Pasir Ris — 4-room average $655,465 (420m away), an upgrader gap of about $550,000
  • Tampines — 4-room average $683,199 (1.7 km away), an upgrader gap of about $500,000

FAQ

What is the average PSF for SANDY PALM?
The 12-month average is approximately $1,122 psf.
Is SANDY PALM freehold?
SANDY PALM has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for SANDY PALM?
The estimated gross yield is 3.2%.
Which MRT is nearest to SANDY PALM?
The nearest is Pasir Ris MRT at 1.3 km.

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: 9 transactions
  • Rental data: 19 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 · 9 records analysed · Source: URA private-sale caveats

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