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).
| Tenure | Freehold |
|---|---|
| TOP year | 1987 |
| Developer | TEAMBUILD PROPERTIES PTE LTD |
| Units | 58 in 1 block |
| District and area | District 14 · Geylang · RCR |
| Nearest MRT | Aljunied MRT, 485 m (~8 min walk) |
| Latest median psf | S$373 psf, last 5 URA caveats to Aug 2010 |
What's for sale and for rent at Palace Mansions?
No units at Palace Mansions are listed for sale or for rent on the property portals PropKaki tracks right now.
Recorded sale prices are in the sections below. Search listings across Singapore →
What are the floor plans and unit sizes at Palace Mansions?
Floor plans for Palace Mansions aren't in PropKaki's library yet. Across 5 URA caveats, units range from 1,572 sqft to 14,478 sqft, and the middle half are 1,572 sqft to 2,088 sqft.
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.
Is Palace Mansions a good investment?
Palace Mansions has no resales on record yet, so it has no track record of its own. Across District 14, 86% of 11,943 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Past resale results don't predict future returns, and this is not financial advice.
District 14 sold for more
86%
of 11,943 private resales
Median gain
23%
gross, before costs
Median hold
6.3 years
bought to resold
Palace Mansions has fewer than 10 matched resales, so the figures are for District 14 as a whole. Check the odds for your unit size and holding period →
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.
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
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
How many property agents are active around Palace Mansions?
8,202 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
8,202
District 14 · closed ≥1 deal
Deals on record
40,536
all-time · all property types
Source: CEA public transaction records, attributed to District 14 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Palace Mansions freehold?⌄
Yes. Palace Mansions is freehold, so ownership does not run out.
How old is Palace Mansions?⌄
Palace Mansions was completed (obtained TOP) in 1987, so it is about 39 years old.
Is Palace Mansions a good investment?⌄
Palace Mansions has no resales on record yet, so it has no track record of its own. Across District 14, 86% of 11,943 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Past resale results don't predict future returns, and this is not financial advice.
Is Palace Mansions an EC?⌄
No. Palace Mansions is a private apartment development, not an executive condominium (EC).
Who is the developer of Palace Mansions?⌄
Palace Mansions was developed by TEAMBUILD PROPERTIES PTE LTD.
What is the price of a condo at Palace Mansions?⌄
Units at Palace Mansions have recently sold for around S$586k (S$373 psf), the median of the last 5 URA caveats to Aug 2010. The price depends on size, floor and facing.
Where is Palace Mansions located?⌄
Palace Mansions is at 8 Lorong 26 Geylang, Singapore 398483, in Geylang (District 14). The nearest MRT station is Aljunied MRT, about 485 m away.
How many units are there in Palace Mansions?⌄
Palace Mansions has 58 units in 1 block.
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.
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 get priority in Primary 1 (P1) registration.