FreeholdRCRDistrict 5 (Queenstown)

Palisades

Reviewed by Nathan TangUpdated 10 August 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 13 units for sale from S$1.70M to S$4.30M.

1

What are the key facts about Palisades?

Key Takeaway

Palisades is a freehold condominium in District 5 (Queenstown) that obtained TOP in 1985, with 18 units across 1 block.

Tenure
Freehold
TOP / Completion
1985
Developer
PALISADES DEVELOPMENT PTE LTD
Total units
18
Blocks
1
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,004 psf
Last transacted
Jul 2025
Remaining lease
Freehold
2

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

Source: URA caveat data, through Jul 2025.

3

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.

4

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.

5

How many property agents are active around Palisades?

Key Takeaway

8,572 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

8,572

District 5 · closed ≥1 deal

Deals on record

46,728

all-time · all property types

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

6

What bedroom types are available at Palisades?

Key Takeaway

Palisades has 13 units listed for sale, spanning 2–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom3S$1.70M–S$1.89M
3-bedroom7S$2.49M–S$2.65M
4-bedroom3S$3.80M–S$4.30M
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

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
9

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.

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
12

Frequently asked questions about Palisades

How much does a unit at Palisades cost?

Units at Palisades have recently transacted around S$3.15M (S$1,004 psf), from 49 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Palisades a good investment?

Gross rental yield is about 2.1%; median PSF has risen about 138% since 2005. 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 Palisades going up?

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

Is Palisades freehold or leasehold?

Palisades is freehold — ownership does not expire.

When was Palisades built and who developed it?

Palisades obtained TOP in 1985, developed by PALISADES DEVELOPMENT PTE LTD, with 18 units across 1 block.

How many units are for sale at Palisades?

There are 13 units for sale at Palisades, from S$1.70M to S$4.30M.

What is the nearest MRT to Palisades?

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

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