Palm Isles
Palm Isles is a 99-year condominium in District 17 (Pasir Ris) that obtained TOP in 2015, with 429 units across 6 blocks. Across 700 transactions on record, units have recently transacted around S$940k (S$1,251 psf, ~786 sqft). There are 57 units for sale from S$699k to S$1.78M. The lease has approximately 84 years remaining.
| Tenure | 99-year leasehold from 2011 (≈84 years left) |
|---|---|
| TOP year | 2015 |
| Developer | FCL BOON LAY PTE LTD |
| Units | 429 in 6 blocks |
| District and area | District 17 · Pasir Ris · OCR |
| Latest median psf | S$1,251 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at Palm Isles?
Palm Isles has 57 units listed for sale, asking S$699k to S$1.78M (median S$1,363 psf), and 31 units for rent at a median of S$3,200 a month.
For sale
57 listings
S$699k – S$1.78M
For rent
31 listings
S$1,000 – S$4,300 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 0-bedroom | 1 | S$725k–S$725k | — |
| 1-bedroom | 21 | S$699k–S$780k | S$1,450 psf |
| 2-bedroom | 10 | S$990k–S$1.25M | S$1,238 psf |
| 3-bedroom | 22 | S$1.25M–S$1.50M | S$1,313 psf |
| 4-bedroom | 3 | S$1.78M–S$1.78M | S$1,344 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Palm Isles?
Floor plans for Palm Isles aren't in PropKaki's library yet. Across 700 URA caveats, units range from 506 sqft to 3,800 sqft, and the middle half are 560 sqft to 990 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 0-bedroom | 517 sqft | S$725k |
| 1-bedroom | 506 sqft to 560 sqft | S$699k · S$1,450 psf |
| 2-bedroom | 785 sqft to 947 sqft | S$990k · S$1,238 psf |
| 3-bedroom | 990 sqft to 1,184 sqft | S$1.25M · S$1,313 psf |
| 4-bedroom | 1,324 sqft | S$1.78M · S$1,344 psf |
Check the Floor Plan Finder for Palm Isles →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Palm Isles?
Units have recently transacted around S$940k (S$1,251 psf), at a gross rental yield of about 2.8% (URA caveat data).
Recent median price
S$940k
recent · 700 sales on record
Median PSF
S$1,251 psf
recent transactions
Median rent (monthly)
S$2,166
1,433 rentals on record
Gross rental yield
2.8%
indicative, gross
Units currently for sale are asking a median of S$1,363 psf — about 9% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2026.
What has recently sold at Palm Isles?
Palm Isles has 700 recorded sales; the most recent transacted at S$665,000 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$665,000 | 517 | S$1,287 psf |
| Jul 2026 | S$1,400,000 | 1,119 | S$1,251 psf |
| Jun 2026 | S$950,000 | 786 | S$1,209 psf |
| May 2026 | S$650,000 | 506 | S$1,285 psf |
| May 2026 | S$980,000 | 786 | S$1,247 psf |
| Apr 2026 | S$940,000 | 786 | S$1,196 psf |
| Apr 2026 | S$1,267,888 | 990 | S$1,280 psf |
| Apr 2026 | S$728,000 | 560 | S$1,301 psf |
| Mar 2026 | S$668,000 | 506 | S$1,320 psf |
| Mar 2026 | S$1,400,000 | 1,119 | S$1,251 psf |
| Mar 2026 | S$748,000 | 560 | S$1,336 psf |
| Feb 2026 | S$1,170,000 | 947 | S$1,235 psf |
700 sales and 1,433 rentals on record since Apr 2012. Source: URA.
Are prices at Palm Isles rising?
The median transacted PSF at Palm Isles has risen 20% over the past 9 years (2017–2026), from S$1,039 psf to S$1,251 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,251 psf | S$940k | 15 | +1.4% |
| 2025 | S$1,234 psf | S$978k | 22 | +0.6% |
| 2024 | S$1,227 psf | S$988k | 25 | +1.2% |
| 2023 | S$1,213 psf | S$924k | 23 | +14.8% |
| 2022 | S$1,057 psf | S$938k | 46 | +9.4% |
| 2021 | S$966 psf | S$762k | 53 | +3.0% |
| 2020 | S$938 psf | S$740k | 26 | +1.6% |
| 2019 | S$923 psf | S$750k | 15 | -4.6% |
| 2018 | S$967 psf | S$800k | 16 | -6.9% |
| 2017 | S$1,039 psf | S$568k | 20 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Palm Isles a good investment?
Of 276 units at Palm Isles that were bought and later resold (bought from 2012, resold up to 2026), 92% sold for more than they were bought for, with a median gain of 14% over a median 8.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Units listed now ask about 9% 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
92%
of 276 resales here
Median gain
14%
gross, before costs
Median hold
8.0 years
bought to resold
Every unit at Palm Isles with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Palm Isles and what's nearby?
Palm Isles is located in Pasir Ris, in the East Region of Singapore.
Palm Isles is a 99-year condominium completed in 2015. It was developed by FCL BOON LAY PTE LTD. The development has 429 residential units. It sits on a land area of 26,818 sqm and has a gross floor area of 37,545 sqm. The plot ratio is 1.4.
PALM ISLES is located at 32 Flora Drive, Singapore 506866. It is part of District 17, Loyang / Changi, Pasir Ris. The project falls within the East Region and the OCR market segment.
The nearest rail connection is Tampines East MRT Exit D, approximately 903m away, around 14 minutes on foot. Nearby amenities include Eastpoint Mall for shopping, AZMI SHOP PTE. LTD. for groceries, and Mariam Walk Pg for greenery and recreation. Facilities in the development include Barbeque Area, Fitness corner, Fun pool, Function room, Gymnasium room, and Lap pool.
How far is Palm Isles from MRT and schools?
5 schools are within 1 km, including 1 primary school.
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- East Spring Secondary SchoolSecondary schoolwithin 1 km355 m
- East Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority479 m
- Ngee Ann Secondary SchoolSecondary schoolwithin 1 km816 m
- Temasek Junior CollegeMixed-level schoolwithin 1 km854 m
- Dunman Secondary SchoolSecondary schoolwithin 1 km968 m
- White Sands Primary SchoolPrimary school1.1 km
- Loyang View Secondary SchoolSecondary school1.4 km
- Chongzheng Primary SchoolPrimary school1.5 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Palm Isles and how big is the development?
Palm Isles was developed by FCL BOON LAY PTE LTD, designed by ONG & ONG PTE LTD, with 429 units.
- Developer
- FCL BOON LAY PTE LTD
- Architect
- ONG & ONG PTE LTD
- Main contractor
- NAKANO SINGAPORE (PTE) LTD
- Blocks
- 6
- Land area
- 26,818 sqm (288,666 sqft)
- Gross floor area
- 37,545 sqm (404,131 sqft)
- Plot ratio
- 1.40
What facilities does Palm Isles have?
Palm Isles has 12 facilities, including Barbeque Area, Fitness corner, Fun pool, Function room, and more.
What does it cost to own a unit at Palm Isles?
Buying a unit at Palm Isles (~S$940k) needs about S$6,881/mo in income and S$3,166/mo in repayments, after S$22,800 stamp duty and a S$235k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$940k) 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$22,800
BSD, tiered
Downpayment (25%)
S$235k
cash + CPF
Monthly instalment
S$3,166/mo
30y @ 3.5%
Income required
S$6,881/mo
TDSR @ stress rate
How many property agents are active around Palm Isles?
3,942 CEA-registered agents closed at least one recorded deal in District 17 — where Palm Isles sits — in the last 12 months, across all property types.
Active agents · 12mo
3,942
District 17 · closed ≥1 deal
Deals on record
11,981
all-time · all property types
Source: CEA public transaction records, attributed to District 17 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Palm Isles? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palm Isles's own transactions.
PropKakiRecent units at Palm Isles sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palm Isles
Is Palm Isles freehold?⌄
No. Palm Isles is on a 99-year lease that started in 2011, with about 84 years left.
How old is Palm Isles?⌄
Palm Isles was completed (obtained TOP) in 2015, so it is about 11 years old.
Is Palm Isles a good investment?⌄
Of 276 units at Palm Isles that were bought and later resold (bought from 2012, resold up to 2026), 92% sold for more than they were bought for, with a median gain of 14% over a median 8.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Palm Isles an EC?⌄
No. Palm Isles is a private condominium, not an executive condominium (EC).
Who is the developer of Palm Isles?⌄
Palm Isles was developed by FCL BOON LAY PTE LTD.
What is the price of a condo at Palm Isles?⌄
Units at Palm Isles have recently sold for around S$940k (S$1,251 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 57 units are listed for sale from S$699k to S$1.78M.
Where is Palm Isles located?⌄
Palm Isles is at 32 Flora Drive, Singapore 506866, in Pasir Ris (District 17).
How many units are there in Palm Isles?⌄
Palm Isles has 429 units in 6 blocks.
How much do I need to earn to buy at Palm Isles?⌄
For a unit around S$940k as a first home, you'd need roughly S$6,881/mo in income (assessed at the stress-test rate), with repayments near S$3,166/mo after a S$235k (25%) downpayment and S$22,800 Buyer's Stamp Duty.
Are prices at Palm Isles going up?⌄
The median price per square foot at Palm Isles has risen about 20% 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 Isles?⌄
East Spring Primary School is within 1 km of Palm Isles. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.