FreeholdRCRDistrict 15 (Geylang)

Palm Loft

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2025 (URA)
Quick Summary

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).

1

What are the key facts about Palm Loft?

Key Takeaway

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
2

What is the price and PSF at Palm Loft?

Key Takeaway

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.

3

What has recently sold at Palm Loft?

Key Takeaway

Palm Loft has 36 recorded sales; the most recent transacted at S$1,950,000 in Jun 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2025S$1,950,0001,539S$1,267 psf
Jan 2024S$2,128,0001,679S$1,267 psf
Jul 2023S$1,025,000689S$1,488 psf
Jan 2022S$870,000689S$1,263 psf
Jun 2021S$1,200,0001,066S$1,126 psf
Jun 2021S$1,600,0001,539S$1,039 psf
Jan 2021S$1,450,0001,679S$864 psf
Mar 2018S$880,000689S$1,277 psf
Sept 2016S$990,0001,066S$929 psf
Jun 2016S$785,000689S$1,140 psf
Mar 2013S$1,220,0001,066S$1,145 psf
Jun 2012S$1,200,0001,539S$780 psf

36 sales and 70 rentals on record since Feb 2007. Source: URA.

4

Are prices at Palm Loft rising?

Key Takeaway

The median transacted PSF at Palm Loft has risen 66% over the past 14 years (20072021), from S$625 psf to S$1,039 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2021S$1,039 psfS$1.45M3+11.8%
2016S$929 psfS$785k2+20.0%
2012S$774 psfS$1.20M2-28.9%
2011S$1,089 psfS$750k2+99.8%
2009S$545 psfS$865k2-17.7%
2008S$662 psfS$705k3+5.9%
2007S$625 psfS$640k16

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Palm Loft?

Key Takeaway

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.

6

Where is Palm Loft and what's nearby?

Key Takeaway

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.

7

Who built Palm Loft and how big is the development?

Key Takeaway

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
8

How far is Palm Loft from MRT and schools?

Key Takeaway

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

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

Mall: Kinex · 965 mSupermarket: NTUC Fairprice Co-operative Ltd · 528 mHawker centre: Dunman Food Centre · 601 mPark: Joo Chiat Terrace Pk · 192 m

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

9

What facilities does Palm Loft have?

Key Takeaway

Palm Loft has 7 facilities, including Barbeque Area, Function room, Gymnasium room, Playground, and more.

Barbeque AreaFunction roomGymnasium roomPlaygroundSauna24 hours securitySwimming pool
10

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

Key Takeaway

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 →

Keep going in the PropKaki app

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.

PropKaki
Is Palm Loft a good buy, and what are units selling for?

Recent units at Palm Loft sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

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.

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