FreeholdRCRDistrict 5 (Queenstown)

Palisades

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2025 (URA)
Quick Summary

Palisades is a freehold condominium in District 5 (Queenstown) that obtained TOP in 1985, with 18 units across 1 block. Across 49 transactions on record, units have recently transacted around S$3.15M (S$1,004 psf, ~3,326 sqft). There are 18 units for sale from S$1.70M to S$5.19M.

Key facts about Palisades
TenureFreehold
TOP year1985
DeveloperPALISADES DEVELOPMENT PTE LTD
Units18 in 1 block
District and areaDistrict 5 · Queenstown · RCR
Nearest MRTHaw Par Villa MRT, 538 m (~8 min walk)
Latest median psfS$1,004 psf, last 12 URA caveats to Jul 2025
1

What's for sale and for rent at Palisades?

Key Takeaway

Palisades has 18 units listed for sale, asking S$1.70M to S$5.19M (median S$2,288 psf), and 0 units for rent.

For sale

18 listings

S$1.70M – S$5.19M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
2-bedroom5S$1.70M–S$1.94MS$2,288 psf
3-bedroom8S$2.49M–S$2.63MS$2,300 psf
4-bedroom5S$3.92M–S$5.19MS$1,293 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Palisades?

Key Takeaway

Floor plans for Palisades aren't in PropKaki's library yet. Across 49 URA caveats, units range from 2,616 sqft to 4,047 sqft, and the middle half are 2,906 sqft to 3,326 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom743 sqft to 829 sqftS$1.70M · S$2,288 psf
3-bedroom1,087 sqft to 1,098 sqftS$2.49M · S$2,300 psf
4-bedroom1,475 sqft to 3,326 sqftS$3.92M · S$1,293 psf

Check the Floor Plan Finder for Palisades →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Palisades?

Key Takeaway

Units have recently transacted around S$3.15M (S$1,004 psf), at a gross rental yield of about 2.1% (URA caveat data).

Recent median price

S$3.15M

recent · 49 sales on record

Median PSF

S$1,004 psf

recent transactions

Median rent (monthly)

S$5,412

73 rentals on record

Gross rental yield

2.1%

indicative, gross

Units currently for sale are asking a median of S$2,288 psf — about 128% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2025.

4

What has recently sold at Palisades?

Key Takeaway

Palisades has 49 recorded sales; the most recent transacted at S$3,900,000 in Jul 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2025S$3,900,0003,326S$1,173 psf
Feb 2025S$4,000,0003,983S$1,004 psf
Nov 2023S$3,600,0002,616S$1,376 psf
Mar 2023S$3,490,0003,326S$1,049 psf
Dec 2022S$3,800,0003,294S$1,154 psf
May 2022S$3,400,0003,294S$1,032 psf
Jun 2020S$2,828,0003,326S$850 psf
Apr 2015S$3,000,0003,326S$902 psf
Nov 2012S$3,150,0003,294S$956 psf
Aug 2012S$3,150,0003,326S$947 psf
May 2012S$2,950,0002,616S$1,128 psf
Apr 2012S$2,970,0003,326S$893 psf

49 sales and 73 rentals on record since Mar 1995. Source: URA.

5

Are prices at Palisades rising?

Key Takeaway

The median transacted PSF at Palisades has risen 138% over the past 20 years (20052025), from S$421 psf to S$1,004 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,004 psfS$3.90M2-4.3%
2023S$1,049 psfS$3.49M2+1.6%
2022S$1,032 psfS$3.40M2+9.0%
2012S$947 psfS$2.97M4+31.2%
2011S$722 psfS$2.40M2-8.0%
2010S$785 psfS$2.48M5+93.8%
2009S$405 psfS$1.64M2-18.8%
2007S$499 psfS$1.45M2+19.1%
2006S$419 psfS$1.33M5-0.5%
2005S$421 psfS$1.20M3

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Palisades a good investment?

Key Takeaway

Of 31 units at Palisades that were bought and later resold (bought from 1995, resold up to 2025), 74% sold for more than they were bought for, with a median gain of 28% over a median 6.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Units listed now ask about 128% 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

74%

of 31 resales here

Median gain

28%

gross, before costs

Median hold

6.9 years

bought to resold

Every unit at Palisades with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Palisades and what's nearby?

Key Takeaway

Palisades is located in Queenstown, in the Central Region of Singapore.

Palisades is a freehold condominium completed in 1985. It was developed by PALISADES DEVELOPMENT PTE LTD. The development has 18 residential units. It sits on a land area of 4,250 sqm and has a gross floor area of 5,949 sqm. The plot ratio is 1.4.

PALISADES is located at 294 Pasir Panjang Road, Singapore 118635. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Haw Par Villa MRT, approximately 538m away, around 8 minutes on foot. Nearby amenities include NTUC Fairprice Co-operative Ltd for groceries. Facilities in the development include Barbeque Area, Covered car park, 24 hours security, and Swimming pool.

8

How far is Palisades from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Palisades is Haw Par Villa MRT, about 538 m away (~8 min walk).

Getting around

Schools nearby

  • Fairfield Methodist School (Primary)Primary school1.6 km
  • Fairfield Methodist School (Secondary)Secondary school1.7 km
  • Anglo-Chinese School (Independent)Mixed-level school1.8 km
  • Anglo-Chinese Junior CollegeJunior college1.9 km

Shops, food & parks

Supermarket: NTUC Fairprice Co-operative Ltd · 871 m

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

9

Who built Palisades and how big is the development?

Key Takeaway

Palisades was developed by PALISADES DEVELOPMENT PTE LTD, with 18 units.

Developer
PALISADES DEVELOPMENT PTE LTD
Blocks
1
Land area
4,250 sqm (45,747 sqft)
Gross floor area
5,949 sqm (64,034 sqft)
Plot ratio
1.40
10

What facilities does Palisades have?

Key Takeaway

Palisades has 4 facilities, including Barbeque Area, Covered car park, 24 hours security, Swimming pool.

Barbeque AreaCovered car park24 hours securitySwimming pool
11

What does it cost to own a unit at Palisades?

Key Takeaway

Buying a unit at Palisades (~S$3.15M) needs about S$23,059/mo in income and S$10,609/mo in repayments, after S$128,600 stamp duty and a S$788k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.15M) 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$128,600

BSD, tiered

Downpayment (25%)

S$788k

cash + CPF

Monthly instalment

S$10,609/mo

30y @ 3.5%

Income required

S$23,059/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Palisades?

Key Takeaway

8,573 CEA-registered agents closed at least one recorded deal in District 5 — where Palisades sits — in the last 12 months, across all property types.

Active agents · 12mo

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

Source: CEA public transaction records, attributed to District 5 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Palisades? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Palisades's own transactions.

PropKaki
Is Palisades a good buy, and what are units selling for?

Recent units at Palisades sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Palisades

Is Palisades freehold?

Yes. Palisades is freehold, so ownership does not run out.

How old is Palisades?

Palisades was completed (obtained TOP) in 1985, so it is about 41 years old.

Is Palisades a good investment?

Of 31 units at Palisades that were bought and later resold (bought from 1995, resold up to 2025), 74% sold for more than they were bought for, with a median gain of 28% over a median 6.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Units listed now ask about 128% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Palisades an EC?

No. Palisades is a private condominium, not an executive condominium (EC).

Who is the developer of Palisades?

Palisades was developed by PALISADES DEVELOPMENT PTE LTD.

What is the price of a condo at Palisades?

Units at Palisades have recently sold for around S$3.15M (S$1,004 psf), the median of the last 12 URA caveats to Jul 2025. The price depends on size, floor and facing. 18 units are listed for sale from S$1.70M to S$5.19M.

Where is Palisades located?

Palisades is at 294 Pasir Panjang Road, Singapore 118635, in Queenstown (District 5). The nearest MRT station is Haw Par Villa MRT, about 538 m away.

How many units are there in Palisades?

Palisades has 18 units in 1 block.

How much do I need to earn to buy at Palisades?

For a unit around S$3.15M as a first home, you'd need roughly S$23,059/mo in income (assessed at the stress-test rate), with repayments near S$10,609/mo after a S$788k (25%) downpayment and S$128,600 Buyer's Stamp Duty.

Are prices at Palisades going up?

The median price per square foot at Palisades has risen about 138% between 2005 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.