Palm Loft
Palm Loft is a freehold apartment in District 15 (Geylang) that obtained TOP in 2008, with 16 units across 1 block. Across 36 transactions on record, units have recently transacted around S$1.20M (S$1,140 psf, ~1,066 sqft).
What are the key facts about Palm Loft?
Palm Loft is a freehold apartment in District 15 (Geylang) that obtained TOP in 2008, with 16 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2008
- Developer
- WORLD CLASS LAND PTE LTD
- Total units
- 16
- Blocks
- 1
- District / Area
- District 15 (Geylang)
- Market segment
- RCR
- Median PSF
- S$1,140 psf
- Last transacted
- Jun 2025
- Remaining lease
- Freehold
What is the price and PSF at Palm Loft?
Units have recently transacted around S$1.20M (S$1,140 psf), at a gross rental yield of about 2.6% (URA caveat data).
Recent median price
S$1.20M
recent · 36 sales on record
Median PSF
S$1,140 psf
recent transactions
Median rent (monthly)
S$2,631
70 rentals on record
Gross rental yield
2.6%
indicative, gross
Source: URA caveat data, through Jun 2025.
What has recently sold at Palm Loft?
Palm Loft has 36 recorded sales; the most recent transacted at S$1,950,000 in Jun 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2025 | S$1,950,000 | 1,539 | S$1,267 psf |
| Jan 2024 | S$2,128,000 | 1,679 | S$1,267 psf |
| Jul 2023 | S$1,025,000 | 689 | S$1,488 psf |
| Jan 2022 | S$870,000 | 689 | S$1,263 psf |
| Jun 2021 | S$1,200,000 | 1,066 | S$1,126 psf |
| Jun 2021 | S$1,600,000 | 1,539 | S$1,039 psf |
| Jan 2021 | S$1,450,000 | 1,679 | S$864 psf |
| Mar 2018 | S$880,000 | 689 | S$1,277 psf |
| Sept 2016 | S$990,000 | 1,066 | S$929 psf |
| Jun 2016 | S$785,000 | 689 | S$1,140 psf |
| Mar 2013 | S$1,220,000 | 1,066 | S$1,145 psf |
| Jun 2012 | S$1,200,000 | 1,539 | S$780 psf |
36 sales and 70 rentals on record since Feb 2007. Source: URA.
Are prices at Palm Loft rising?
The median transacted PSF at Palm Loft has risen 66% over the past 14 years (2007–2021), from S$625 psf to S$1,039 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2021 | S$1,039 psf | S$1.45M | 3 | +11.8% |
| 2016 | S$929 psf | S$785k | 2 | +20.0% |
| 2012 | S$774 psf | S$1.20M | 2 | -28.9% |
| 2011 | S$1,089 psf | S$750k | 2 | +99.8% |
| 2009 | S$545 psf | S$865k | 2 | -17.7% |
| 2008 | S$662 psf | S$705k | 3 | +5.9% |
| 2007 | S$625 psf | S$640k | 16 | — |
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 Loft?
9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Palm Loft sits — in the last 12 months, across all property types.
Active agents · 12mo
9,526
District 15 · closed ≥1 deal
Deals on record
60,896
all-time · all property types
Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Palm Loft and what's nearby?
Palm Loft is located in Geylang, in the Central Region of Singapore.
Palm Loft is a freehold apartment completed in 2008. It was developed by WORLD CLASS LAND PTE LTD. The development has 16 residential units. It sits on a land area of 953 sqm and has a gross floor area of 1,319 sqm. The plot ratio is 1.4.
PALM LOFT is located at 136 Joo Chiat Terrace, Singapore 427282. It is part of District 15, Katong / Joo Chiat / Amber Road, Geylang. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Eunos MRT, approximately 579m away, around 9 minutes on foot. Nearby amenities include Kinex for shopping, NTUC Fairprice Co-operative Ltd for groceries, Dunman Food Centre for food options, and Joo Chiat Terrace Pk for greenery and recreation. Facilities in the development include Barbeque Area, Function room, Gymnasium room, Playground, Sauna, and 24 hours security.
Who built Palm Loft and how big is the development?
Palm Loft was developed by WORLD CLASS LAND PTE LTD, with 16 units.
- Developer
- WORLD CLASS LAND PTE LTD
- Blocks
- 1
- Land area
- 953 sqm (10,258 sqft)
- Gross floor area
- 1,319 sqm (14,198 sqft)
- Plot ratio
- 1.40
How far is Palm Loft from MRT and schools?
The nearest MRT/LRT to Palm Loft is Eunos MRT, about 579 m away (~9 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Eunos MRT579 m · ~9 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority299 m
- Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km947 m
- Tanjong Katong Primary SchoolPrimary school1.1 km
- Tanjong Katong Girls' SchoolSecondary school1.1 km
- Chij (Katong) PrimaryPrimary school1.2 km
- Tao Nan SchoolPrimary school1.4 km
- Manjusri Secondary SchoolSecondary school1.4 km
- Maha Bodhi SchoolPrimary school1.6 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Palm Loft have?
Palm Loft has 7 facilities, including Barbeque Area, Function room, Gymnasium room, Playground, and more.
What does it cost to own a unit at Palm Loft?
Buying a unit at Palm Loft (~S$1.20M) needs about S$8,784/mo in income and S$4,041/mo in repayments, after S$32,600 stamp duty and a S$300k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.20M) 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$32,600
BSD, tiered
Downpayment (25%)
S$300k
cash + CPF
Monthly instalment
S$4,041/mo
30y @ 3.5%
Income required
S$8,784/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 Loft? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palm Loft's own transactions.
Recent units at Palm Loft sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palm Loft
How much does a unit at Palm Loft cost?⌄
Units at Palm Loft have recently transacted around S$1.20M (S$1,140 psf), from 36 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 Loft?⌄
For a unit around S$1.20M as a first home, you'd need roughly S$8,784/mo in income (assessed at the stress-test rate), with repayments near S$4,041/mo after a S$300k (25%) downpayment and S$32,600 Buyer's Stamp Duty.
Is Palm Loft a good investment?⌄
Gross rental yield is about 2.6%; median PSF has risen about 66% since 2007. 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 Loft going up?⌄
The median transacted PSF at Palm Loft has risen about 66% between 2007 and 2021, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Palm Loft freehold or leasehold?⌄
Palm Loft is freehold — ownership does not expire.
When was Palm Loft built and who developed it?⌄
Palm Loft obtained TOP in 2008, developed by WORLD CLASS LAND PTE LTD, with 16 units across 1 block.
What is the nearest MRT to Palm Loft?⌄
The nearest MRT/LRT station to Palm Loft is Eunos MRT, about 579 m away (~9 min walk).
Which primary schools are within 1 km of Palm Loft?⌄
Haig Girls' School is within 1 km of Palm Loft — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
