PropKaki
99-yearOCRDistrict 17 (Pasir Ris)

Palm Isles

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

Palm Isles is a 99-year condominium in District 17 (Pasir Ris) that obtained TOP in 2015, with 429 units across 6 blocks. Units have recently transacted around S$940k (S$1,247 psf), from 696 sales on record. There are 47 units for sale from S$680k to S$1.88M. The lease has approximately 84 years remaining.

1

What are the key facts about Palm Isles?

Key Takeaway

Palm Isles is a 99-year condominium in District 17 (Pasir Ris) that obtained TOP in 2015, with 429 units across 6 blocks.

Tenure
99-year
TOP / Completion
2015
Developer
FCL BOON LAY PTE LTD
Total units
429
Blocks
6
District / Area
District 17 (Pasir Ris)
Market segment
OCR
Median PSF
S$1,247 psf
Last transacted
May 2026
Remaining lease
≈ 84 years
2

What is the price and PSF at Palm Isles?

Key Takeaway

Units have recently transacted around S$940k (S$1,247 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$940k

recent · 696 sales on record

Median PSF

S$1,247 psf

recent transactions

Median rent (monthly)

S$2,165

1,404 rentals on record

Gross rental yield

2.8%

indicative, gross

Units currently for sale are asking a median of S$1,364 psf — about 9% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at Palm Isles?

Key Takeaway

Palm Isles has 696 recorded sales; the most recent transacted at S$980,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$980,000786S$1,247 psf
Apr 2026S$940,000786S$1,196 psf
Apr 2026S$1,267,888990S$1,280 psf
Apr 2026S$728,000560S$1,301 psf
Mar 2026S$668,000506S$1,320 psf
Mar 2026S$1,400,0001,119S$1,251 psf
Mar 2026S$748,000560S$1,336 psf
Feb 2026S$1,170,000947S$1,235 psf
Feb 2026S$935,000786S$1,190 psf
Feb 2026S$710,000517S$1,374 psf
Jan 2026S$952,500807S$1,180 psf
Dec 2025S$970,000786S$1,234 psf

696 sales and 1,404 rentals on record since Apr 2012. Source: URA.

4

What bedroom types are available at Palm Isles?

Key Takeaway

Palm Isles has 47 units listed for sale, spanning 0–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$718k–S$718k
1-bedroom21S$680k–S$1.45MS$1,443 psf
2-bedroom9S$970k–S$1.23MS$1,234 psf
3-bedroom13S$1.22M–S$1.45MS$1,296 psf
4-bedroom3S$1.78M–S$1.88MS$1,420 psf
5

Where is Palm Isles and what's nearby?

Key Takeaway

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.

6

How far is Palm Isles from MRT and schools?

Key Takeaway

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

Mall: Eastpoint Mall · 1.9 kmSupermarket: Azmi Shop Pte. Ltd. · 44 mPark: Mariam Walk Pg · 630 m

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

7

What facilities does Palm Isles have?

Key Takeaway

Palm Isles has 12 facilities, including Barbeque Area, Fitness corner, Fun pool, Function room, and more.

Barbeque AreaFitness cornerFun poolFunction roomGymnasium roomLap poolPavillionPlayground24 hours securitySpa poolSteam bathTennis courts
8

What does it cost to own a unit at Palm Isles?

Key Takeaway

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

9

Frequently asked questions about Palm Isles

What is the price at Palm Isles?

Units at Palm Isles have recently transacted around S$940k (S$1,247 psf), from 696 sales on record (URA caveat data).

What is the PSF at Palm Isles?

Units for sale at Palm Isles are asking a median of about S$1,364 psf.

Is Palm Isles freehold or leasehold?

Palm Isles is 99-year, with approximately 84 years remaining on the lease.

When was Palm Isles built?

Palm Isles obtained TOP in 2015, developed by FCL BOON LAY PTE LTD.

How many units are for sale at Palm Isles?

There are 47 units for sale at Palm Isles, from S$680k to S$1.88M.

What is the rental yield at Palm Isles?

Gross rental yield at Palm Isles is about 2.8%, based on median current rents and prices.

How many units are in Palm Isles?

Palm Isles has 429 units across 6 blocks.

What facilities does Palm Isles have?

Palm Isles has 12 facilities, including Barbeque Area, Fitness corner, Fun pool, Function room, Gymnasium room, Lap pool, and more.

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 qualify for Primary 1 (P1) registration priority.

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