Palace Mansions
Palace Mansions is a freehold apartment in District 14 (Geylang) that obtained TOP in 1987, with 58 units across 1 block. Units have recently transacted around S$586k (S$373 psf), from 5 sales on record.
What are the key facts about Palace Mansions?
Palace Mansions is a freehold apartment in District 14 (Geylang) that obtained TOP in 1987, with 58 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1987
- Developer
- TEAMBUILD PROPERTIES PTE LTD
- Total units
- 58
- Blocks
- 1
- District / Area
- District 14 (Geylang)
- Market segment
- RCR
- Median PSF
- S$373 psf
- Last transacted
- Aug 2010
- Remaining lease
- Freehold
What is the price and PSF at Palace Mansions?
Units have recently transacted around S$586k (S$373 psf), at a gross rental yield of about 3.2% (URA caveat data).
Recent median price
S$586k
recent · 5 sales on record
Median PSF
S$373 psf
recent transactions
Median rent (monthly)
S$1,550
24 rentals on record
Gross rental yield
3.2%
indicative, gross
Source: URA caveat data, through Aug 2010.
What has recently sold at Palace Mansions?
Palace Mansions has 5 recorded sales; the most recent transacted at S$10,620,000 in Aug 2010 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2010 | S$10,620,000 | 14,478 | S$734 psf |
| May 2007 | S$510,000 | 2,088 | S$244 psf |
| Nov 2001 | S$464,000 | 1,572 | S$295 psf |
| Dec 2000 | S$779,000 | 2,088 | S$373 psf |
| Mar 1995 | S$586,000 | 1,572 | S$373 psf |
5 sales and 24 rentals on record since Mar 1995. Source: URA.
Where is Palace Mansions and what's nearby?
Palace Mansions is located in Geylang, in the Central Region of Singapore.
Palace Mansions is a freehold apartment completed in 1987. It was developed by TEAMBUILD PROPERTIES PTE LTD. The development has 58 residential units. It sits on a land area of 862 sqm and has a gross floor area of 2,415 sqm. The plot ratio is 2.8.
PALACE MANSIONS is located at 8 Lorong 26 Geylang, Singapore 398483. It is part of District 14, Geylang / Eunos, Geylang. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Aljunied MRT, approximately 485m away, around 8 minutes on foot. Nearby amenities include Paya Lebar Square for shopping, I-TEC SUPERMART PTE LTD for groceries, Blk 51 Old Airport Road # for food options, and Lorong 40 Geylang Pg for greenery and recreation.
How far is Palace Mansions from MRT and schools?
The nearest MRT/LRT to Palace Mansions is Aljunied MRT, about 485 m away (~8 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Aljunied MRT485 m · ~8 min
- Dakota MRT651 m · ~10 min
- Mountbatten MRT736 m · ~12 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Kong Hwa SchoolPrimary schoolwithin 1 km · P1 priority437 m
- Geylang Methodist School (Primary)Primary schoolwithin 1 km · P1 priority579 m
- Geylang Methodist School (Secondary)Secondary schoolwithin 1 km621 m
- Broadrick Secondary SchoolSecondary schoolwithin 1 km650 m
- Chung Cheng High School (Main)Secondary school1.1 km
- Tanjong Katong Girls' SchoolSecondary school1.3 km
- Dunman High SchoolMixed-level school1.4 km
- Tanjong Katong Secondary SchoolSecondary school1.5 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Palace Mansions?
Buying a unit at Palace Mansions (~S$586k) needs about S$4,290/mo in income and S$1,974/mo in repayments, after S$12,180 stamp duty and a S$147k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$586k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$12,180
BSD, tiered
Downpayment (25%)
S$147k
cash + CPF
Monthly instalment
S$1,974/mo
30y @ 3.5%
Income required
S$4,290/mo
TDSR @ stress rate
Frequently asked questions about Palace Mansions
What is the price at Palace Mansions?⌄
Units at Palace Mansions have recently transacted around S$586k (S$373 psf), from 5 sales on record (URA caveat data).
Is Palace Mansions freehold or leasehold?⌄
Palace Mansions is freehold.
When was Palace Mansions built?⌄
Palace Mansions obtained TOP in 1987, developed by TEAMBUILD PROPERTIES PTE LTD.
What is the rental yield at Palace Mansions?⌄
Gross rental yield at Palace Mansions is about 3.2%, based on median current rents and prices.
How many units are in Palace Mansions?⌄
Palace Mansions has 58 units across 1 block.
What is the nearest MRT to Palace Mansions?⌄
The nearest MRT/LRT station to Palace Mansions is Aljunied MRT, about 485 m away (~8 min walk).
Which primary schools are within 1 km of Palace Mansions?⌄
Kong Hwa School, Geylang Methodist School (Primary) are within 1 km of Palace Mansions — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
