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 3 units for sale from S$1.90M to S$3.22M.
What are the key facts about Palazzetto?
Palazzetto is a freehold apartment in District 15 (Kallang) that obtained TOP in 2002, with 32 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2002
- Developer
- HEETON INVESTMENTS PTE LTD
- Total units
- 32
- Blocks
- 1
- District / Area
- District 15 (Kallang)
- Market segment
- RCR
- Median PSF
- S$1,467 psf
- Last transacted
- Oct 2023
- Remaining lease
- Freehold
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 2.5% (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$2,607
244 rentals on record
Gross rental yield
2.5%
indicative, gross
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 244 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.
How many property agents are active around Palazzetto?
9,526 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
9,526
District 15 · closed ≥1 deal
Deals on record
60,896
all-time · all property types
Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Palazzetto?
Palazzetto has 3 units listed for sale, spanning 2–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 2 | S$1.90M–S$1.90M | — |
| 3-bedroom | 1 | S$3.22M–S$3.22M | — |
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.
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
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.
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
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 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
How much does a unit at Palazzetto cost?⌄
Units at Palazzetto have recently transacted around S$1.24M (S$1,467 psf), from 68 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Palazzetto a good investment?⌄
Gross rental yield is about 2.5%; median PSF has risen about 134% since 2003. 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.
Are prices at Palazzetto going up?⌄
The median transacted PSF at Palazzetto has risen about 134% between 2003 and 2022, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Palazzetto freehold or leasehold?⌄
Palazzetto is freehold — ownership does not expire.
When was Palazzetto built and who developed it?⌄
Palazzetto obtained TOP in 2002, developed by HEETON INVESTMENTS PTE LTD, with 32 units across 1 block.
How many units are for sale at Palazzetto?⌄
There are 3 units for sale at Palazzetto, from S$1.90M to S$3.22M.
What is the nearest MRT to Palazzetto?⌄
The nearest MRT/LRT station to Palazzetto is Katong Park MRT, about 301 m away (~5 min walk).
Are there schools near Palazzetto?⌄
2 schools are within 1 km of Palazzetto, including Dunman High School, Broadrick Secondary School.