Palm Residence
Palm Residence is a freehold apartment in District 21 (Bukit Timah) that obtained TOP in 2004, with 32 units across 1 block. Across 28 transactions on record, units have recently transacted around S$900k (S$640 psf, ~1,141 sqft).
What are the key facts about Palm Residence?
Palm Residence is a freehold apartment in District 21 (Bukit Timah) that obtained TOP in 2004, with 32 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2004
- Developer
- U-ASIA PTE LTD
- Total units
- 32
- Blocks
- 1
- District / Area
- District 21 (Bukit Timah)
- Market segment
- OCR
- Median PSF
- S$640 psf
- Last transacted
- Jan 2025
- Remaining lease
- Freehold
What is the price and PSF at Palm Residence?
Units have recently transacted around S$900k (S$640 psf), at a gross rental yield of about 3.5% (URA caveat data).
Recent median price
S$900k
recent · 28 sales on record
Median PSF
S$640 psf
recent transactions
Median rent (monthly)
S$2,603
185 rentals on record
Gross rental yield
3.5%
indicative, gross
Source: URA caveat data, through Jan 2025.
What has recently sold at Palm Residence?
Palm Residence has 28 recorded sales; the most recent transacted at S$1,890,000 in Jan 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jan 2025 | S$1,890,000 | 1,227 | S$1,540 psf |
| Sept 2021 | S$2,200,000 | 2,906 | S$757 psf |
| Aug 2017 | S$1,300,000 | 1,227 | S$1,059 psf |
| Jan 2015 | S$900,000 | 1,033 | S$871 psf |
| Jan 2013 | S$900,000 | 1,033 | S$871 psf |
| Sept 2011 | S$1,000,000 | 1,227 | S$815 psf |
| Jul 2007 | S$730,000 | 1,141 | S$640 psf |
| Dec 2005 | S$580,000 | 1,141 | S$508 psf |
| Dec 2004 | S$572,000 | 1,023 | S$559 psf |
| Nov 2004 | S$608,000 | 1,033 | S$588 psf |
| Nov 2004 | S$608,000 | 1,033 | S$588 psf |
| Nov 2004 | S$900,000 | 2,906 | S$310 psf |
28 sales and 185 rentals on record since Jul 2004. Source: URA.
How many property agents are active around Palm Residence?
6,633 CEA-registered agents closed at least one recorded deal in District 21 — where Palm Residence sits — in the last 12 months, across all property types.
Active agents · 12mo
6,633
District 21 · closed ≥1 deal
Deals on record
27,077
all-time · all property types
Source: CEA public transaction records, attributed to District 21across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Palm Residence and what's nearby?
Palm Residence is located in Bukit Timah, in the Central Region of Singapore.
Palm Residence is a freehold apartment completed in 2004. It was developed by U-ASIA PTE LTD. The development has 32 residential units. It sits on a land area of 1,892 sqm and has a gross floor area of 3,764 sqm. The plot ratio is 1.99.
PALM RESIDENCE is located at 7 Jalan Rajawali, Singapore 598429. It is part of District 21, Upper Bukit Timah / Clementi Park / Ulu Pandan, Bukit Timah. The project falls within the Central Region and the OCR market segment.
The nearest rail connection is Beauty World MRT, approximately 769m away, around 12 minutes on foot. Nearby amenities include Kap Mall for shopping, ZAC MEAT & POULTRY PTE LTD for groceries, Bukit Timah Market for food options, and Jalan Tekukor Playground for greenery and recreation. Facilities in the development include Barbeque Area, Gymnasium room, Open car park, Sauna, 24 hours security, and Swimming pool.
Who built Palm Residence and how big is the development?
Palm Residence was developed by U-ASIA PTE LTD, with 32 units.
- Developer
- U-ASIA PTE LTD
- Blocks
- 1
- Land area
- 1,892 sqm (20,365 sqft)
- Gross floor area
- 3,764 sqm (40,515 sqft)
- Plot ratio
- 1.99
How far is Palm Residence from MRT and schools?
The nearest MRT/LRT to Palm Residence is Beauty World MRT, about 769 m away (~12 min walk). 2 schools are within 1 km, including 2 primary schools.
Getting around
- Beauty World MRT769 m · ~12 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Bukit Timah Primary SchoolPrimary schoolwithin 1 km · P1 priority714 m
- Pei Hwa Presbyterian Primary SchoolPrimary schoolwithin 1 km · P1 priority963 m
- Keming Primary SchoolPrimary school1.4 km
- Bukit View Primary SchoolPrimary school1.7 km
- Bukit View Secondary SchoolSecondary school1.9 km
- Methodist Girls' School (Primary)Primary school2.0 km
- Methodist Girls' School (Secondary)Secondary school2.0 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Palm Residence have?
Palm Residence has 6 facilities, including Barbeque Area, Gymnasium room, Open car park, Sauna, and more.
What does it cost to own a unit at Palm Residence?
Buying a unit at Palm Residence (~S$900k) needs about S$6,588/mo in income and S$3,031/mo in repayments, after S$21,600 stamp duty and a S$225k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$900k) 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$21,600
BSD, tiered
Downpayment (25%)
S$225k
cash + CPF
Monthly instalment
S$3,031/mo
30y @ 3.5%
Income required
S$6,588/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 Residence? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palm Residence's own transactions.
PropKakiRecent units at Palm Residence sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palm Residence
How much does a unit at Palm Residence cost?⌄
Units at Palm Residence have recently transacted around S$900k (S$640 psf), from 28 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 Residence?⌄
For a unit around S$900k as a first home, you'd need roughly S$6,588/mo in income (assessed at the stress-test rate), with repayments near S$3,031/mo after a S$225k (25%) downpayment and S$21,600 Buyer's Stamp Duty.
Is Palm Residence a good investment?⌄
Gross rental yield is about 3.5%. 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.
Is Palm Residence freehold or leasehold?⌄
Palm Residence is freehold — ownership does not expire.
When was Palm Residence built and who developed it?⌄
Palm Residence obtained TOP in 2004, developed by U-ASIA PTE LTD, with 32 units across 1 block.
What is the nearest MRT to Palm Residence?⌄
The nearest MRT/LRT station to Palm Residence is Beauty World MRT, about 769 m away (~12 min walk).
Which primary schools are within 1 km of Palm Residence?⌄
Bukit Timah Primary School, Pei Hwa Presbyterian Primary School are within 1 km of Palm Residence — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.