999-yearOCRDistrict 19 (Hougang)

Palm Grove Condominium

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Palm Grove Condominium is a 999-year condominium in District 19 (Hougang) that obtained TOP in 2002, with 111 units across 3 blocks. Across 253 transactions on record, units have recently transacted around S$2.20M (S$1,473 psf, ~1,410 sqft). There are 11 units for sale from S$2.04M to S$6.88M. The lease has approximately 851 years remaining.

1

What are the key facts about Palm Grove Condominium?

Key Takeaway

Palm Grove Condominium is a 999-year condominium in District 19 (Hougang) that obtained TOP in 2002, with 111 units across 3 blocks.

Tenure
999-year
TOP / Completion
2002
Developer
LEONIE COURT PTE LTD
Total units
111
Blocks
3
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,473 psf
Last transacted
Jun 2026
Remaining lease
≈ 851 years
2

What is the price and PSF at Palm Grove Condominium?

Key Takeaway

Units have recently transacted around S$2.20M (S$1,473 psf), at a gross rental yield of about 1.8% (URA caveat data).

Recent median price

S$2.20M

recent · 253 sales on record

Median PSF

S$1,473 psf

recent transactions

Median rent (monthly)

S$3,249

285 rentals on record

Gross rental yield

1.8%

indicative, gross

Units currently for sale are asking a median of S$1,638 psf — about 11% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Palm Grove Condominium?

Key Takeaway

Palm Grove Condominium has 253 recorded sales; the most recent transacted at S$1,988,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,988,0001,302S$1,526 psf
Feb 2026S$2,200,0001,410S$1,560 psf
Dec 2025S$2,750,0001,927S$1,427 psf
Oct 2025S$950,000678S$1,401 psf
Jun 2025S$1,918,0001,302S$1,473 psf
Apr 2025S$2,650,0001,927S$1,375 psf
Apr 2025S$2,100,0001,399S$1,501 psf
Nov 2024S$1,980,0001,389S$1,426 psf
Sept 2024S$2,760,0001,927S$1,432 psf
Jul 2024S$2,228,0001,496S$1,489 psf
Jul 2024S$2,390,0001,496S$1,597 psf
Apr 2024S$2,200,0001,410S$1,560 psf

253 sales and 285 rentals on record since Jul 2000. Source: URA.

4

Are prices at Palm Grove Condominium rising?

Key Takeaway

The median transacted PSF at Palm Grove Condominium has risen 70% over the past 9 years (20172026), from S$898 psf to S$1,526 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,526 psfS$1.99M2+6.9%
2025S$1,427 psfS$2.10M5-0.3%
2024S$1,432 psfS$2.23M6-0.6%
2023S$1,440 psfS$2.00M5+8.8%
2022S$1,323 psfS$1.98M4+13.9%
2021S$1,162 psfS$1.90M8+4.8%
2020S$1,109 psfS$1.58M6+5.6%
2019S$1,050 psfS$1.61M6-5.7%
2018S$1,113 psfS$1.50M8+23.9%
2017S$898 psfS$1.45M8

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 Palm Grove Condominium?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Palm Grove Condominium sits — in the last 12 months, across all property types.

Active agents · 12mo

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

all-time · all property types

Source: CEA public transaction records, attributed to District 19across 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 Palm Grove Condominium?

Key Takeaway

Palm Grove Condominium has 11 units listed for sale, spanning 3–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom9S$2.04M–S$2.30MS$1,638 psf
5-bedroom2S$6.88M–S$6.88M
7

Where is Palm Grove Condominium and what's nearby?

Key Takeaway

Palm Grove Condominium is located in Hougang, in the North-East Region of Singapore.

Palm Grove Condominium is a 999-year condominium completed in 2002. It was developed by LEONIE COURT PTE LTD. The development has 111 residential units. It sits on a land area of 11,068 sqm and has a gross floor area of 15,480 sqm. The plot ratio is 1.4.

PALM GROVE CONDOMINIUM is located at 23 Palm Grove Avenue, Singapore 547315. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Kovan MRT, approximately 762m away, around 12 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, BALU MINIMART PTE. LTD for groceries, Kovan Market & Food Centre for food options, and Richards Ave Pk for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Clubhouse, Gymnasium room, Multi-purpose hall, and Playground.

8

Who built Palm Grove Condominium and how big is the development?

Key Takeaway

Palm Grove Condominium was developed by LEONIE COURT PTE LTD, with 111 units over up to 4 storeys.

Developer
LEONIE COURT PTE LTD
Floors
4 storeys
Blocks
3
Land area
11,068 sqm (119,135 sqft)
Gross floor area
15,480 sqm (166,625 sqft)
Plot ratio
1.40
9

How far is Palm Grove Condominium from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Palm Grove Condominium is Kovan MRT, about 763 m away (~12 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Peicai Secondary SchoolSecondary schoolwithin 1 km914 m
  • Zhonghua Primary SchoolPrimary schoolwithin 1 km · P1 priority945 m
  • Anderson Serangoon Junior CollegeJunior college1.2 km
  • Bowen Secondary SchoolSecondary school1.2 km
  • Paya Lebar Methodist Girls' School (Secondary)Secondary school1.2 km
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.3 km
  • Yuying Secondary SchoolSecondary school1.4 km
  • Xinghua Primary SchoolPrimary school1.4 km

Shops, food & parks

Mall: Heartland Mall Kovan · 771 mSupermarket: Balu Minimart Pte. Ltd · 218 mHawker centre: Kovan Market & Food Centre · 871 mPark: Richards Ave Pk · 460 m

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

10

What facilities does Palm Grove Condominium have?

Key Takeaway

Palm Grove Condominium has 11 facilities, including Barbeque Area, Covered car park, Clubhouse, Gymnasium room, and more.

Barbeque AreaCovered car parkClubhouseGymnasium roomMulti-purpose hallPlaygroundSauna24 hours securitySwimming poolTennis courtsWading pool
11

What does it cost to own a unit at Palm Grove Condominium?

Key Takeaway

Buying a unit at Palm Grove Condominium (~S$2.20M) needs about S$16,105/mo in income and S$7,409/mo in repayments, after S$79,600 stamp duty and a S$550k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.20M) 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$79,600

BSD, tiered

Downpayment (25%)

S$550k

cash + CPF

Monthly instalment

S$7,409/mo

30y @ 3.5%

Income required

S$16,105/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 Palm Grove Condominium? Ask before you commit.

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

PropKaki
Is Palm Grove Condominium a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Palm Grove Condominium

How much does a unit at Palm Grove Condominium cost?

Units at Palm Grove Condominium have recently transacted around S$2.20M (S$1,473 psf), from 253 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Palm Grove Condominium?

For a unit around S$2.20M as a first home, you'd need roughly S$16,105/mo in income (assessed at the stress-test rate), with repayments near S$7,409/mo after a S$550k (25%) downpayment and S$79,600 Buyer's Stamp Duty.

Is Palm Grove Condominium a good investment?

Gross rental yield is about 1.8%, and current asking prices sit about 11% above the most recent transacted PSF; median PSF has risen about 70% since 2017. 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 Palm Grove Condominium going up?

The median transacted PSF at Palm Grove Condominium has risen about 70% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Palm Grove Condominium freehold or leasehold?

Palm Grove Condominium is 999-year, with approximately 851 years remaining on the lease.

When was Palm Grove Condominium built and who developed it?

Palm Grove Condominium obtained TOP in 2002, developed by LEONIE COURT PTE LTD, with 111 units across 3 blocks.

How many units are for sale at Palm Grove Condominium?

There are 11 units for sale at Palm Grove Condominium, from S$2.04M to S$6.88M.

What is the nearest MRT to Palm Grove Condominium?

The nearest MRT/LRT station to Palm Grove Condominium is Kovan MRT, about 763 m away (~12 min walk).

Which primary schools are within 1 km of Palm Grove Condominium?

Zhonghua Primary School is within 1 km of Palm Grove Condominium — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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