Palm Mansions
Palm Mansions is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1998, with 30 units across 1 block. Across 73 transactions on record, units have recently transacted around S$1.40M (S$1,287 psf, ~1,098 sqft). There are 2 units for sale from S$1.49M to S$4.00M.
What are the key facts about Palm Mansions?
Palm Mansions is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1998, with 30 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1998
- Developer
- WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION)
- Total units
- 30
- Blocks
- 1
- District / Area
- District 5 (Queenstown)
- Market segment
- RCR
- Median PSF
- S$1,287 psf
- Last transacted
- Feb 2026
- Remaining lease
- Freehold
What is the price and PSF at Palm Mansions?
Units have recently transacted around S$1.40M (S$1,287 psf), at a gross rental yield of about 2.4% (URA caveat data).
Recent median price
S$1.40M
recent · 73 sales on record
Median PSF
S$1,287 psf
recent transactions
Median rent (monthly)
S$2,773
194 rentals on record
Gross rental yield
2.4%
indicative, gross
Units currently for sale are asking a median of S$2,398 psf — about 86% above the most recent transacted PSF.
Source: URA caveat data, through Feb 2026.
What has recently sold at Palm Mansions?
Palm Mansions has 73 recorded sales; the most recent transacted at S$1,395,000 in Feb 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Feb 2026 | S$1,395,000 | 980 | S$1,424 psf |
| Nov 2025 | S$1,250,000 | 807 | S$1,548 psf |
| Oct 2024 | S$1,565,000 | 1,206 | S$1,298 psf |
| May 2024 | S$1,760,000 | 1,367 | S$1,287 psf |
| Nov 2023 | S$2,080,000 | 1,593 | S$1,306 psf |
| May 2023 | S$1,420,000 | 1,152 | S$1,233 psf |
| Dec 2022 | S$1,520,000 | 1,098 | S$1,384 psf |
| Sept 2021 | S$1,275,000 | 980 | S$1,302 psf |
| Oct 2019 | S$1,200,000 | 1,098 | S$1,093 psf |
| Jul 2019 | S$1,348,000 | 1,098 | S$1,228 psf |
| Jun 2018 | S$1,628,000 | 1,744 | S$934 psf |
| Apr 2018 | S$1,080,000 | 980 | S$1,103 psf |
73 sales and 194 rentals on record since May 1998. Source: URA.
Are prices at Palm Mansions rising?
The median transacted PSF at Palm Mansions has risen 112% over the past 15 years (2009–2024), from S$608 psf to S$1,287 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$1,287 psf | S$1.56M | 2 | +4.4% |
| 2023 | S$1,233 psf | S$1.42M | 2 | +12.8% |
| 2019 | S$1,093 psf | S$1.20M | 2 | +17.0% |
| 2018 | S$934 psf | S$1.08M | 2 | +5.7% |
| 2016 | S$884 psf | S$800k | 2 | -7.5% |
| 2013 | S$956 psf | S$1.00M | 3 | +9.1% |
| 2012 | S$876 psf | S$1.03M | 3 | +3.5% |
| 2011 | S$846 psf | S$1.09M | 3 | +28.6% |
| 2010 | S$658 psf | S$860k | 2 | +8.2% |
| 2009 | S$608 psf | S$670k | 2 | — |
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 Mansions?
8,572 CEA-registered agents closed at least one recorded deal in District 5 — where Palm Mansions sits — in the last 12 months, across all property types.
Active agents · 12mo
8,572
District 5 · closed ≥1 deal
Deals on record
46,728
all-time · all property types
Source: CEA public transaction records, attributed to District 5across 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 Mansions?
Palm Mansions has 2 units listed for sale, spanning 2–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 1 | S$1.49M–S$1.49M | — |
| 4-bedroom | 1 | S$4.00M–S$4.00M | S$2,398 psf |
Where is Palm Mansions and what's nearby?
Palm Mansions is located in Queenstown, in the Central Region of Singapore.
Palm Mansions is a freehold apartment completed in 1998. It was developed by WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION). The development has 30 residential units. It sits on a land area of 2,401 sqm and has a gross floor area of 3,361 sqm. The plot ratio is 1.4.
PALM MANSIONS is located at 345 Pasir Panjang Road, Singapore 118684. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Haw Par Villa MRT, approximately 942m away, around 15 minutes on foot. Nearby amenities include West Coast Plaza for shopping. Facilities in the development include Barbeque Area, Covered car park, Gymnasium room, 24 hours security, Swimming pool, and Wading pool.
Who built Palm Mansions and how big is the development?
Palm Mansions was developed by WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION), with 30 units.
- Developer
- WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION)
- Blocks
- 1
- Land area
- 2,401 sqm (25,844 sqft)
- Gross floor area
- 3,361 sqm (36,177 sqft)
- Plot ratio
- 1.40
How far is Palm Mansions from MRT and schools?
The nearest MRT/LRT to Palm Mansions is Haw Par Villa MRT, about 942 m away (~15 min walk).
Getting around
- Haw Par Villa MRT942 m · ~15 min
Schools nearby
- Fairfield Methodist School (Primary)Primary school1.7 km
- Fairfield Methodist School (Secondary)Secondary school1.7 km
- Anglo-Chinese School (Independent)Mixed-level school1.7 km
- Kent Ridge Secondary SchoolSecondary school1.9 km
- Anglo-Chinese Junior CollegeJunior college1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Palm Mansions have?
Palm Mansions has 6 facilities, including Barbeque Area, Covered car park, Gymnasium room, 24 hours security, and more.
What does it cost to own a unit at Palm Mansions?
Buying a unit at Palm Mansions (~S$1.40M) needs about S$10,212/mo in income and S$4,698/mo in repayments, after S$40,400 stamp duty and a S$349k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.40M) 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$40,400
BSD, tiered
Downpayment (25%)
S$349k
cash + CPF
Monthly instalment
S$4,698/mo
30y @ 3.5%
Income required
S$10,212/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 Mansions? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palm Mansions's own transactions.
PropKakiRecent units at Palm Mansions sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palm Mansions
How much does a unit at Palm Mansions cost?⌄
Units at Palm Mansions have recently transacted around S$1.40M (S$1,287 psf), from 73 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 Mansions?⌄
For a unit around S$1.40M as a first home, you'd need roughly S$10,212/mo in income (assessed at the stress-test rate), with repayments near S$4,698/mo after a S$349k (25%) downpayment and S$40,400 Buyer's Stamp Duty.
Is Palm Mansions a good investment?⌄
Gross rental yield is about 2.4%, and current asking prices sit about 86% above the most recent transacted PSF; median PSF has risen about 112% since 2009. 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 Mansions going up?⌄
The median transacted PSF at Palm Mansions has risen about 112% between 2009 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Palm Mansions freehold or leasehold?⌄
Palm Mansions is freehold — ownership does not expire.
When was Palm Mansions built and who developed it?⌄
Palm Mansions obtained TOP in 1998, developed by WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION), with 30 units across 1 block.
How many units are for sale at Palm Mansions?⌄
There are 2 units for sale at Palm Mansions, from S$1.49M to S$4.00M.
What is the nearest MRT to Palm Mansions?⌄
The nearest MRT/LRT station to Palm Mansions is Haw Par Villa MRT, about 942 m away (~15 min walk).