CommercialRESIDENTIALLeaseholdDistrict 23 · Choa Chu Kang

Palm Gardens

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2010
Quick Summary

Palm Gardens is a commercial building in District 23 · Choa Chu Kang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 69 years remaining. 3 transactions are on record since 1995, most recently in Aug 2010. 1 unit is currently listed for sale. ACRA records 1 live company registration at this address.

1

What are the key facts about Palm Gardens?

Key takeawayPalm Gardens is a commercial building in District 23 · Choa Chu Kang, zoned RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Leasehold
District / Area
District 23 · Choa Chu Kang
Address
2a Hong San Walk
Land area
30,659 sqm
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
1
2

About Palm Gardens

Palm Gardens is a mixed-use building in Choa Chu Kang (District 23). It is located along Hong San Walk, Singapore 689047.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

The site is leasehold, with about 69 years remaining on the lease. It occupies roughly 30,659 sqm of land with about 85,845 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$665 psf. The most recent was in August 2010.

1 business is currently registered at this address with ACRA.

The nearest MRT is Keat Hong LRT, 224 m away (about a 4-minute walk). The closest bus stop (Palm Gdns) is 98 m away (about a 2-minute walk).

3

What is Palm Gardens zoned as?

Key takeawayPalm Gardens sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has Palm Gardens sold for?

Key takeaway3 transactions are on record since 1995, most recently in Aug 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2010RetailS$650k797 sqft$816
Aug 2002RetailS$530k797 sqft$665
May 2000RetailS$520k797 sqft$653

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

What do commercial rents run near Palm Gardens?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 23 retail

Gross yield (area)
8.3%
7.5% net of property tax
Rent side (median of bands)
$223.62 psm/mo
2026Q2
Price side (strata, 5y)
$2,984 psf
11 sales

An INDICATIVE AREA yield for District 23 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 23 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$217.43$258.33$409.02
B1 & Below · 30 & Below$426.37$606.36$660.99
B1 & Below · >30 - 100$166.59$191.19$276.37
Level 1 · >30 - 100$175.38$223.62$277.64
Level 2 & 3 · >30 - 100$304.63$312.50$351.45
Level 2 & 3 · >100 - 300$109.86$166.97$213.74
Level 1 · >300$102.88$140.80$182.81

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

6

What is available at Palm Gardens right now?

Key takeaway1 unit is currently listed at Palm Gardens. One row per unit; several agents often market the same unit.

For sale (1)

  • Palm GardensS$1.75M · 797 sqft

Browse every listing at this building →

7

What is near Palm Gardens?

Key takeawayThe nearest MRT/LRT is Keat Hong LRT, about 224 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

OneCare Clinic Keat Hong LRT · 61 mPalm Gdns · 98 mPlace Of Worship · 111 mKeat Hong LRT Exit A · 240 mEducational Institution · 305 mChoa Chu Kang Polyclinic · 617 mChua Chu Kang Community Club · 629 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Prime Supermarket (1996) Pte Ltd · 313 mLot One · 788 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Palm Gardens?

Key takeawayACRA records 1 live company registration at this address, 1 of them in the last three years.
Live registrations
1
Registered last 3 years
1
Most common type
Sole Proprietorship/ Partnership

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

9

Frequently asked questions about Palm Gardens

Where is Palm Gardens?

Palm Gardens is at 2A Hong San Walk, Singapore 689047, in the Choa Chu Kang planning area.

What is Palm Gardens zoned as?

Palm Gardens sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Palm Gardens?

Palm Gardens is leasehold. About 69 years remain on the lease.

What have units at Palm Gardens sold for?

Across 3 recorded transactions, the median price is S$665 psf. The latest was in August 2010.

What is the nearest MRT station to Palm Gardens?

Keat Hong LRT is the closest, 224 m away (about a 4-minute walk).

How many businesses are registered at Palm Gardens?

1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

The facts are here — now get the verdict on Palm Gardens.

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Tell me about Palm Gardens — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

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This development is also registered as the residential project Palm Gardens.

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