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 699 transactions on record, units have recently transacted around S$940k (S$1,251 psf, ~786 sqft). There are 45 units for sale from S$699k to S$1.78M. The lease has approximately 84 years remaining.
What are the key facts about 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.
- 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$1,251 psf
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 84 years
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 · 699 sales on record
Median PSF
S$1,251 psf
recent transactions
Median rent (monthly)
S$2,168
1,426 rentals on record
Gross rental yield
2.8%
indicative, gross
Units currently for sale are asking a median of S$1,344 psf — about 7% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Palm Isles?
Palm Isles has 699 recorded sales; the most recent transacted at S$1,400,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | 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 |
| Feb 2026 | S$935,000 | 786 | S$1,190 psf |
699 sales and 1,426 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 | 14 | +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.
How many property agents are active around Palm Isles?
3,941 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
3,941
District 17 · closed ≥1 deal
Deals on record
11,974
all-time · all property types
Source: CEA public transaction records, attributed to District 17across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Palm Isles?
Palm Isles has 45 units listed for sale, spanning 0–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 0-bedroom | 1 | S$720k–S$720k | — |
| 1-bedroom | 21 | S$699k–S$780k | S$1,450 psf |
| 2-bedroom | 7 | S$990k–S$1.21M | S$1,238 psf |
| 3-bedroom | 13 | S$1.25M–S$1.39M | — |
| 4-bedroom | 3 | S$1.78M–S$1.78M | S$1,344 psf |
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.
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
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.
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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
How much does a unit at Palm Isles cost?⌄
Units at Palm Isles have recently transacted around S$940k (S$1,251 psf), from 699 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 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.
Is Palm Isles a good investment?⌄
Gross rental yield is about 2.8%, and current asking prices sit about 7% above the most recent transacted PSF; median PSF has risen about 20% 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 Isles going up?⌄
The median transacted PSF at Palm Isles has risen about 20% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Palm Isles freehold or leasehold?⌄
Palm Isles is 99-year, with approximately 84 years remaining on the lease.
When was Palm Isles built and who developed it?⌄
Palm Isles obtained TOP in 2015, developed by FCL BOON LAY PTE LTD, with 429 units across 6 blocks.
How many units are for sale at Palm Isles?⌄
There are 45 units for sale at Palm Isles, from S$699k to S$1.78M.
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.