Palm Residence
Palm Residence is a freehold condominium located in District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park), part of the Rest of Central Region (RCR). Completed in 2005, the development comprises 32 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PALM RESIDENCE
Over the 12 months to Jan 2025, Palm Residence recorded 12 rental contracts at a median $4,000/mo. Source: URA caveat data, as of Jan 2025.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jan-25 | $1,890,000 | $1,540 psf | 1,227 sqft | 06 to 10 | 3BR |
| Sep-21 | $2,200,000 | $757 psf | 2,906 sqft | 06 to 10 | 5BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.