Palm Residence
Palm Residence is a freehold apartment in District 21 (Bukit Timah) that obtained TOP in 2004, with 32 units across 1 block. Units have recently transacted around S$900k (S$640 psf), from 28 sales on record.
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$2,599
179 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 179 rentals on record since Jul 2004. Source: URA.
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.
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
Frequently asked questions about Palm Residence
What is the price at Palm Residence?⌄
Units at Palm Residence have recently transacted around S$900k (S$640 psf), from 28 sales on record (URA caveat data).
Is Palm Residence freehold or leasehold?⌄
Palm Residence is freehold.
When was Palm Residence built?⌄
Palm Residence obtained TOP in 2004, developed by U-ASIA PTE LTD.
What is the rental yield at Palm Residence?⌄
Gross rental yield at Palm Residence is about 3.5%, based on median current rents and prices.
How many units are in Palm Residence?⌄
Palm Residence has 32 units across 1 block.
What facilities does Palm Residence have?⌄
Palm Residence has 6 facilities, including Barbeque Area, Gymnasium room, Open car park, Sauna, 24 hours security, Swimming pool.
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.
