Palace Mansions
Palace Mansions is a freehold apartment in District 14 (Geylang) that obtained TOP in 1987, with 58 units across 1 block. Across 5 transactions on record, units have recently transacted around S$586k (S$373 psf, ~2,088 sqft).
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.
How many property agents are active around Palace Mansions?
7,770 CEA-registered agents closed at least one recorded deal in District 14 — where Palace Mansions sits — in the last 12 months, across all property types.
Active agents · 12mo
7,770
District 14 · closed ≥1 deal
Deals on record
39,512
all-time · all property types
Source: CEA public transaction records, attributed to District 14across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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.
Who built Palace Mansions and how big is the development?
Palace Mansions was developed by TEAMBUILD PROPERTIES PTE LTD, with 58 units.
- Developer
- TEAMBUILD PROPERTIES PTE LTD
- Blocks
- 1
- Land area
- 862 sqm (9,278 sqft)
- Gross floor area
- 2,415 sqm (25,995 sqft)
- Plot ratio
- 2.80
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Palace Mansions? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palace Mansions's own transactions.
PropKakiRecent units at Palace Mansions sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palace Mansions
How much does a unit at Palace Mansions cost?⌄
Units at Palace Mansions have recently transacted around S$586k (S$373 psf), from 5 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Palace Mansions?⌄
For a unit around S$586k as a first home, you'd need roughly S$4,290/mo in income (assessed at the stress-test rate), with repayments near S$1,974/mo after a S$147k (25%) downpayment and S$12,180 Buyer's Stamp Duty.
Is Palace Mansions a good investment?⌄
Gross rental yield is about 3.2%. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Is Palace Mansions freehold or leasehold?⌄
Palace Mansions is freehold — ownership does not expire.
When was Palace Mansions built and who developed it?⌄
Palace Mansions obtained TOP in 1987, developed by TEAMBUILD PROPERTIES PTE LTD, with 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.