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$1.45M to S$4.00M.
| Tenure | Freehold |
|---|---|
| TOP year | 1998 |
| Developer | WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION) |
| Units | 30 in 1 block |
| District and area | District 5 · Queenstown · RCR |
| Nearest MRT | Haw Par Villa MRT, 942 m (~15 min walk) |
| Latest median psf | S$1,287 psf, last 12 URA caveats to Feb 2026 |
What's for sale and for rent at Palm Mansions?
Palm Mansions has 2 units listed for sale, asking S$1.45M to S$4.00M, and 10 units for rent at a median of S$1,540 a month.
For sale
2 listings
S$1.45M – S$4.00M
For rent
10 listings
S$900 – S$3,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 1 | S$1.45M–S$1.45M | — |
| 4-bedroom | 1 | S$4.00M–S$4.00M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Palm Mansions?
Floor plans for Palm Mansions aren't in PropKaki's library yet. Across 73 URA caveats, units range from 807 sqft to 1,744 sqft, and the middle half are 980 sqft to 1,324 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 980 sqft | S$1.45M |
| 4-bedroom | 1,668 sqft | S$4.00M |
Check the Floor Plan Finder for Palm Mansions →
Unit sizes from URA caveats. Listed sizes from current property listings.
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$2,784
197 rentals on record
Gross rental yield
2.4%
indicative, gross
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 197 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.
Is Palm Mansions a good investment?
Of 42 units at Palm Mansions that were bought and later resold (bought from 1998, resold up to 2026), 86% sold for more than they were bought for, with a median gain of 23% over a median 9.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
86%
of 42 resales here
Median gain
23%
gross, before costs
Median hold
9.0 years
bought to resold
Every unit at Palm Mansions with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around Palm Mansions?
8,573 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
8,573
District 5 · closed ≥1 deal
Deals on record
46,751
all-time · all property types
Source: CEA public transaction records, attributed to District 5 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Palm Mansions freehold?⌄
Yes. Palm Mansions is freehold, so ownership does not run out.
How old is Palm Mansions?⌄
Palm Mansions was completed (obtained TOP) in 1998, so it is about 28 years old.
Is Palm Mansions a good investment?⌄
Of 42 units at Palm Mansions that were bought and later resold (bought from 1998, resold up to 2026), 86% sold for more than they were bought for, with a median gain of 23% over a median 9.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.
Is Palm Mansions an EC?⌄
No. Palm Mansions is a private apartment development, not an executive condominium (EC).
Who is the developer of Palm Mansions?⌄
Palm Mansions was developed by WESTERN PROPERTIES PTE LTD (FAR EAST ORGANIZATION).
What is the price of a condo at Palm Mansions?⌄
Units at Palm Mansions have recently sold for around S$1.40M (S$1,287 psf), the median of the last 12 URA caveats to Feb 2026. The price depends on size, floor and facing. 2 units are listed for sale from S$1.45M to S$4.00M.
Where is Palm Mansions located?⌄
Palm Mansions is at 345 Pasir Panjang Road, Singapore 118684, in Queenstown (District 5). The nearest MRT station is Haw Par Villa MRT, about 942 m away.
How many units are there in Palm Mansions?⌄
Palm Mansions has 30 units in 1 block.
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.
Are prices at Palm Mansions going up?⌄
The median price per square foot at Palm Mansions has risen about 112% between 2009 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.