PropKaki
FreeholdRCRDistrict 15 (Kallang)

Palazzetto

Reviewed by Nathan TangUpdated 20 June 2026Data through Oct 2023 (URA)
Quick Summary

Palazzetto is a freehold apartment in District 15 (Kallang) that obtained TOP in 2002, with 32 units across 1 block. Units have recently transacted around S$1.24M (S$1,467 psf), from 68 sales on record. There is 1 unit for sale from S$3.52M to S$3.52M.

1

What are the key facts about Palazzetto?

Key Takeaway

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
2

What is the price and PSF at Palazzetto?

Key Takeaway

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$2,588

242 rentals on record

Gross rental yield

2.5%

indicative, gross

Units currently for sale are asking a median of S$3,234 psf — about 120% above the most recent transacted PSF.

Source: URA caveat data, through Oct 2023.

3

What has recently sold at Palazzetto?

Key Takeaway

Palazzetto has 68 recorded sales; the most recent transacted at S$1,348,000 in Oct 2023 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2023S$1,348,000818S$1,648 psf
Sept 2022S$1,368,000818S$1,672 psf
Jun 2022S$1,310,000818S$1,601 psf
Apr 2022S$1,338,000818S$1,636 psf
Dec 2021S$1,318,000818S$1,611 psf
Mar 2020S$1,235,000818S$1,510 psf
Oct 2019S$1,200,000818S$1,467 psf
Apr 2018S$1,198,000818S$1,464 psf
Nov 2017S$1,050,000818S$1,284 psf
Jan 2017S$1,100,000818S$1,345 psf
Jul 2016S$1,050,000818S$1,284 psf
Jun 2016S$2,000,0002,013S$994 psf

68 sales and 242 rentals on record since Aug 2000. Source: URA.

4

What bedroom types are available at Palazzetto?

Key Takeaway

Palazzetto has 1 unit listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom1S$3.52M–S$3.52MS$3,234 psf
5

Where is Palazzetto and what's nearby?

Key Takeaway

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.

6

How far is Palazzetto from MRT and schools?

Key Takeaway

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

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

Mall: Kallang Wave Mall · 1.3 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 889 mHawker centre: Blk 4A Jalan Batu · 355 mPark: Katong Pk · 358 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Palazzetto have?

Key Takeaway

Palazzetto has 4 facilities, including Barbeque Area, Jacuzzi, Playground, Swimming pool.

Barbeque AreaJacuzziPlaygroundSwimming pool
8

What does it cost to own a unit at Palazzetto?

Key Takeaway

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

9

Frequently asked questions about Palazzetto

What is the price at Palazzetto?

Units at Palazzetto have recently transacted around S$1.24M (S$1,467 psf), from 68 sales on record (URA caveat data).

What is the PSF at Palazzetto?

Units for sale at Palazzetto are asking a median of about S$3,234 psf.

Is Palazzetto freehold or leasehold?

Palazzetto is freehold.

When was Palazzetto built?

Palazzetto obtained TOP in 2002, developed by HEETON INVESTMENTS PTE LTD.

How many units are for sale at Palazzetto?

There are 1 unit for sale at Palazzetto, from S$3.52M to S$3.52M.

What is the rental yield at Palazzetto?

Gross rental yield at Palazzetto is about 2.5%, based on median current rents and prices.

How many units are in Palazzetto?

Palazzetto has 32 units across 1 block.

What facilities does Palazzetto have?

Palazzetto has 4 facilities, including Barbeque Area, Jacuzzi, Playground, Swimming pool.

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.

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