Palazzetto
Palazzetto is a freehold apartment in District 15 (Kallang) that obtained TOP in 2002, with 32 units across 1 block. Across 68 transactions on record, units have recently transacted around S$1.24M (S$1,467 psf, ~818 sqft). There are 6 units for sale from S$1.83M to S$3.85M.
| Tenure | Freehold |
|---|---|
| TOP year | 2002 |
| Developer | HEETON INVESTMENTS PTE LTD |
| Units | 32 in 1 block |
| District and area | District 15 · Kallang · RCR |
| Nearest MRT | Katong Park MRT, 301 m (~5 min walk) |
| Latest median psf | S$1,467 psf, last 12 URA caveats to Oct 2023 |
What's for sale and for rent at Palazzetto?
Palazzetto has 6 units listed for sale, asking S$1.83M to S$3.85M (median S$2,772 psf), and 4 units for rent at a median of S$4,000 a month.
For sale
6 listings
S$1.83M – S$3.85M
For rent
4 listings
S$4,000 – S$4,200 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 4 | S$1.83M–S$1.90M | — |
| 3-bedroom | 1 | S$3.85M–S$3.85M | — |
| 4-bedroom | 1 | S$3.85M–S$3.85M | S$2,772 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Palazzetto?
Floor plans for Palazzetto aren't in PropKaki's library yet. Across 68 URA caveats, units range from 818 sqft to 2,013 sqft, and the middle half are 818 sqft to 818 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 818 sqft | S$1.83M |
| 3-bedroom | 1,389 sqft | S$3.85M |
| 4-bedroom | 1,389 sqft | S$3.85M · S$2,772 psf |
Check the Floor Plan Finder for Palazzetto →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Palazzetto?
Units have recently transacted around S$1.24M (S$1,467 psf), at a gross rental yield of about 2.6% (URA caveat data).
Recent median price
S$1.24M
recent · 68 sales on record
Median PSF
S$1,467 psf
recent transactions
Median rent (monthly)
S$2,625
246 rentals on record
Gross rental yield
2.6%
indicative, gross
Units currently for sale are asking a median of S$2,772 psf — about 89% above the most recent transacted PSF.
Source: URA caveat data, through Oct 2023.
What has recently sold at Palazzetto?
Palazzetto has 68 recorded sales; the most recent transacted at S$1,348,000 in Oct 2023 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 2023 | S$1,348,000 | 818 | S$1,648 psf |
| Sept 2022 | S$1,368,000 | 818 | S$1,672 psf |
| Jun 2022 | S$1,310,000 | 818 | S$1,601 psf |
| Apr 2022 | S$1,338,000 | 818 | S$1,636 psf |
| Dec 2021 | S$1,318,000 | 818 | S$1,611 psf |
| Mar 2020 | S$1,235,000 | 818 | S$1,510 psf |
| Oct 2019 | S$1,200,000 | 818 | S$1,467 psf |
| Apr 2018 | S$1,198,000 | 818 | S$1,464 psf |
| Nov 2017 | S$1,050,000 | 818 | S$1,284 psf |
| Jan 2017 | S$1,100,000 | 818 | S$1,345 psf |
| Jul 2016 | S$1,050,000 | 818 | S$1,284 psf |
| Jun 2016 | S$2,000,000 | 2,013 | S$994 psf |
68 sales and 246 rentals on record since Aug 2000. Source: URA.
Are prices at Palazzetto rising?
The median transacted PSF at Palazzetto has risen 134% over the past 19 years (2003–2022), from S$699 psf to S$1,636 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2022 | S$1,636 psf | S$1.34M | 3 | +27.4% |
| 2017 | S$1,284 psf | S$1.05M | 2 | +29.2% |
| 2016 | S$994 psf | S$1.05M | 2 | -26.1% |
| 2012 | S$1,345 psf | S$1.10M | 3 | +15.8% |
| 2011 | S$1,161 psf | S$950k | 3 | +7.9% |
| 2010 | S$1,076 psf | S$880k | 5 | +17.3% |
| 2009 | S$917 psf | S$750k | 2 | -6.8% |
| 2008 | S$984 psf | S$880k | 2 | +12.1% |
| 2007 | S$878 psf | S$718k | 7 | +25.6% |
| 2003 | S$699 psf | S$575k | 4 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Palazzetto a good investment?
Of 36 units at Palazzetto that were bought and later resold (bought from 2000, resold up to 2023), 97% sold for more than they were bought for, with a median gain of 39% over a median 7.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 89% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
97%
of 36 resales here
Median gain
39%
gross, before costs
Median hold
7.3 years
bought to resold
Every unit at Palazzetto with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Palazzetto and what's nearby?
Palazzetto is located in Kallang, in the Central Region of Singapore.
Palazzetto is a freehold apartment completed in 2002. It was developed by HEETON INVESTMENTS PTE LTD. The development has 32 residential units. It sits on a land area of 1,406 sqm and has a gross floor area of 2,956 sqm. The plot ratio is 2.1.
PALAZZETTO is located at 8C Tanjong Rhu Road, Singapore 436891. It is part of District 15, Katong / Joo Chiat / Amber Road, Kallang. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Katong Park MRT, approximately 301m away, around 5 minutes on foot. Nearby amenities include Kallang Wave Mall for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 4A Jalan Batu for food options, and Katong Pk for greenery and recreation. Facilities in the development include Barbeque Area, Jacuzzi, Playground, and Swimming pool.
How far is Palazzetto from MRT and schools?
The nearest MRT/LRT to Palazzetto is Katong Park MRT, about 301 m away (~5 min walk). 2 schools are within 1 km.
Getting around
- Katong Park MRT301 m · ~5 min
- Mountbatten MRT795 m · ~12 min
Schools nearby
- Dunman High SchoolMixed-level schoolwithin 1 km132 m
- Broadrick Secondary SchoolSecondary schoolwithin 1 km941 m
- Chung Cheng High School (Main)Secondary school1.1 km
- Kong Hwa SchoolPrimary school1.4 km
- Tanjong Katong Girls' SchoolSecondary school1.7 km
- Tanjong Katong Secondary SchoolSecondary school1.8 km
- Tanjong Katong Primary SchoolPrimary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Palazzetto and how big is the development?
Palazzetto was developed by HEETON INVESTMENTS PTE LTD, with 32 units over up to 17 storeys.
- Developer
- HEETON INVESTMENTS PTE LTD
- Floors
- 17 storeys
- Blocks
- 1
- Land area
- 1,406 sqm (15,134 sqft)
- Gross floor area
- 2,956 sqm (31,818 sqft)
- Plot ratio
- 2.10
What facilities does Palazzetto have?
Palazzetto has 4 facilities, including Barbeque Area, Jacuzzi, Playground, Swimming pool.
What does it cost to own a unit at Palazzetto?
Buying a unit at Palazzetto (~S$1.24M) needs about S$9,041/mo in income and S$4,159/mo in repayments, after S$34,000 stamp duty and a S$309k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.24M) 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$34,000
BSD, tiered
Downpayment (25%)
S$309k
cash + CPF
Monthly instalment
S$4,159/mo
30y @ 3.5%
Income required
S$9,041/mo
TDSR @ stress rate
How many property agents are active around Palazzetto?
9,527 CEA-registered agents closed at least one recorded deal in District 15 — where Palazzetto sits — in the last 12 months, across all property types.
Active agents · 12mo
9,527
District 15 · closed ≥1 deal
Deals on record
60,936
all-time · all property types
Source: CEA public transaction records, attributed to District 15 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Palazzetto? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palazzetto's own transactions.
PropKakiRecent units at Palazzetto sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palazzetto
Is Palazzetto freehold?⌄
Yes. Palazzetto is freehold, so ownership does not run out.
How old is Palazzetto?⌄
Palazzetto was completed (obtained TOP) in 2002, so it is about 24 years old.
Is Palazzetto a good investment?⌄
Of 36 units at Palazzetto that were bought and later resold (bought from 2000, resold up to 2023), 97% sold for more than they were bought for, with a median gain of 39% over a median 7.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 89% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Palazzetto an EC?⌄
No. Palazzetto is a private apartment development, not an executive condominium (EC).
Who is the developer of Palazzetto?⌄
Palazzetto was developed by HEETON INVESTMENTS PTE LTD.
What is the price of a condo at Palazzetto?⌄
Units at Palazzetto have recently sold for around S$1.24M (S$1,467 psf), the median of the last 12 URA caveats to Oct 2023. The price depends on size, floor and facing. 6 units are listed for sale from S$1.83M to S$3.85M.
Where is Palazzetto located?⌄
Palazzetto is at 8C Tanjong Rhu Road, Singapore 436891, in Kallang (District 15). The nearest MRT station is Katong Park MRT, about 301 m away.
How many units are there in Palazzetto?⌄
Palazzetto has 32 units in 1 block, up to 17 storeys high.
How much do I need to earn to buy at Palazzetto?⌄
For a unit around S$1.24M as a first home, you'd need roughly S$9,041/mo in income (assessed at the stress-test rate), with repayments near S$4,159/mo after a S$309k (25%) downpayment and S$34,000 Buyer's Stamp Duty.
Are prices at Palazzetto going up?⌄
The median price per square foot at Palazzetto has risen about 134% between 2003 and 2022, based on URA caveats. The year-by-year figures are in the price-trend table above.