999-yearOCRDistrict 19 (Hougang)

Palm Grove Condominium

Reviewed by Nathan TangUpdated 24 September 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 13 units for sale from S$2.04M to S$6.88M. The lease has approximately 851 years remaining.

Key facts about Palm Grove Condominium
Tenure999-year leasehold from 1878 (≈851 years left)
TOP year2002
DeveloperLEONIE COURT PTE LTD
Units111 in 3 blocks
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 763 m (~12 min walk)
Latest median psfS$1,473 psf, last 12 URA caveats to Jun 2026
1

What's for sale and for rent at Palm Grove Condominium?

Key Takeaway

Palm Grove Condominium has 13 units listed for sale, asking S$2.04M to S$6.88M (median S$1,591 psf), and 0 units for rent.

For sale

13 listings

S$2.04M – S$6.88M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom11S$2.04M–S$2.30MS$1,591 psf
5-bedroom2S$6.88M–S$6.88M

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

2

What are the floor plans and unit sizes at Palm Grove Condominium?

Key Takeaway

Floor plans for Palm Grove Condominium aren't in PropKaki's library yet. Across 253 URA caveats, units range from 678 sqft to 1,927 sqft, and the middle half are 1,389 sqft to 1,625 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,281 sqft to 1,389 sqftS$2.04M · S$1,591 psf
5-bedroom5,462 sqft to 5,463 sqftS$6.88M

Check the Floor Plan Finder for Palm Grove Condominium →

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

3

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$3,251

286 rentals on record

Gross rental yield

1.8%

indicative, gross

Units currently for sale are asking a median of S$1,591 psf — about 8% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

4

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 286 rentals on record since Jul 2000. Source: URA.

5

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.

6

Is Palm Grove Condominium a good investment?

Key Takeaway

Of 142 units at Palm Grove Condominium that were bought and later resold (bought from 2000, resold up to 2026), 77% sold for more than they were bought for, with a median gain of 33% over a median 7.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.8%. Units listed now ask about 8% 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

77%

of 142 resales here

Median gain

33%

gross, before costs

Median hold

7.2 years

bought to resold

Every unit at Palm Grove Condominium 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around Palm Grove Condominium?

Key Takeaway

11,112 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

11,112

District 19 · closed ≥1 deal

Deals on record

72,395

all-time · all property types

Source: CEA public transaction records, attributed to District 19 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 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…
13

Frequently asked questions about Palm Grove Condominium

Is Palm Grove Condominium freehold?

No. Palm Grove Condominium is on a 999-year lease that started in 1878, with about 851 years left.

How old is Palm Grove Condominium?

Palm Grove Condominium was completed (obtained TOP) in 2002, so it is about 24 years old.

Is Palm Grove Condominium a good investment?

Of 142 units at Palm Grove Condominium that were bought and later resold (bought from 2000, resold up to 2026), 77% sold for more than they were bought for, with a median gain of 33% over a median 7.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.8%. Units listed now ask about 8% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Palm Grove Condominium an EC?

No. Palm Grove Condominium is a private condominium, not an executive condominium (EC).

Who is the developer of Palm Grove Condominium?

Palm Grove Condominium was developed by LEONIE COURT PTE LTD.

What is the price of a condo at Palm Grove Condominium?

Units at Palm Grove Condominium have recently sold for around S$2.20M (S$1,473 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 13 units are listed for sale from S$2.04M to S$6.88M.

Where is Palm Grove Condominium located?

Palm Grove Condominium is at 23 Palm Grove Avenue, Singapore 547315, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 763 m away.

How many units are there in Palm Grove Condominium?

Palm Grove Condominium has 111 units in 3 blocks, up to 4 storeys high.

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.

Are prices at Palm Grove Condominium going up?

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

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 get priority in Primary 1 (P1) registration.