Palmera Residence
Palmera Residence is a freehold apartment in District 15 (Bedok) that obtained TOP in 2010, with 38 units across 1 block. Units have recently transacted around S$1.46M (S$1,246 psf), from 83 sales on record. There are 5 units for sale from S$2.10M to S$2.50M.
What are the key facts about Palmera Residence?
Palmera Residence is a freehold apartment in District 15 (Bedok) that obtained TOP in 2010, with 38 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2010
- Developer
- WORLD CLASS CAPITAL (LN) PTE LTD
- Total units
- 38
- Blocks
- 1
- District / Area
- District 15 (Bedok)
- Market segment
- RCR
- Median PSF
- S$1,246 psf
- Last transacted
- Apr 2024
- Remaining lease
- Freehold
What is the price and PSF at Palmera Residence?
Units have recently transacted around S$1.46M (S$1,246 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$1.46M
recent · 83 sales on record
Median PSF
S$1,246 psf
recent transactions
Median rent (monthly)
S$3,085
95 rentals on record
Gross rental yield
2.5%
indicative, gross
Units currently for sale are asking a median of S$1,415 psf — about 14% above the most recent transacted PSF.
Source: URA caveat data, through Apr 2024.
What has recently sold at Palmera Residence?
Palmera Residence has 83 recorded sales; the most recent transacted at S$2,450,000 in Apr 2024 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2024 | S$2,450,000 | 1,862 | S$1,316 psf |
| Mar 2024 | S$1,650,000 | 883 | S$1,869 psf |
| May 2023 | S$1,980,000 | 1,292 | S$1,533 psf |
| Dec 2022 | S$2,098,000 | 1,938 | S$1,083 psf |
| Sept 2022 | S$1,600,000 | 1,163 | S$1,376 psf |
| Jul 2022 | S$828,000 | 549 | S$1,508 psf |
| Jan 2022 | S$1,460,000 | 1,163 | S$1,256 psf |
| Aug 2021 | S$2,058,000 | 1,970 | S$1,045 psf |
| May 2021 | S$1,310,000 | 1,528 | S$857 psf |
| May 2020 | S$1,180,000 | 1,496 | S$789 psf |
| Mar 2020 | S$1,100,000 | 883 | S$1,246 psf |
| Mar 2020 | S$1,050,000 | 1,206 | S$871 psf |
83 sales and 95 rentals on record since Feb 2009. Source: URA.
What bedroom types are available at Palmera Residence?
Palmera Residence has 5 units listed for sale, spanning 3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 5 | S$2.10M–S$2.50M | S$1,415 psf |
Where is Palmera Residence and what's nearby?
Palmera Residence is located in Bedok, in the East Region of Singapore.
Palmera Residence is a freehold apartment completed in 2010. It was developed by WORLD CLASS CAPITAL (LN) PTE LTD. The development has 38 residential units. It sits on a land area of 1,342 sqm and has a gross floor area of 1,879 sqm. The plot ratio is 1.4.
PALMERA RESIDENCE is located at 38 Lorong N Telok Kurau, Singapore 425163. It is part of District 15, Katong / Joo Chiat / Amber Road, Bedok. The project falls within the East Region and the RCR market segment.
The nearest rail connection is Marine Terrace MRT, approximately 529m away, around 8 minutes on foot. Nearby amenities include i12 Katong for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 50A Marine Terrace for food options, and Telok Kurau Lorong N Pk for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, Playground, and Sauna.
How far is Palmera Residence from MRT and schools?
The nearest MRT/LRT to Palmera Residence is Marine Terrace MRT, about 529 m away (~8 min walk). 6 schools are within 1 km, including 4 primary schools.
Getting around
- Marine Terrace MRT529 m · ~8 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority336 m
- Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority470 m
- St. Patrick's SchoolSecondary schoolwithin 1 km729 m
- Chij Katong ConventSecondary schoolwithin 1 km735 m
- Ngee Ann Primary SchoolPrimary schoolwithin 1 km · P1 priority817 m
- Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority971 m
- Victoria Junior CollegeJunior college1.0 km
- St. Stephen's SchoolPrimary school1.2 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Palmera Residence have?
Palmera Residence has 8 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, and more.
What does it cost to own a unit at Palmera Residence?
Buying a unit at Palmera Residence (~S$1.46M) needs about S$10,688/mo in income and S$4,917/mo in repayments, after S$43,000 stamp duty and a S$365k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.46M) 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$43,000
BSD, tiered
Downpayment (25%)
S$365k
cash + CPF
Monthly instalment
S$4,917/mo
30y @ 3.5%
Income required
S$10,688/mo
TDSR @ stress rate
Frequently asked questions about Palmera Residence
What is the price at Palmera Residence?⌄
Units at Palmera Residence have recently transacted around S$1.46M (S$1,246 psf), from 83 sales on record (URA caveat data).
What is the PSF at Palmera Residence?⌄
Units for sale at Palmera Residence are asking a median of about S$1,415 psf.
Is Palmera Residence freehold or leasehold?⌄
Palmera Residence is freehold.
When was Palmera Residence built?⌄
Palmera Residence obtained TOP in 2010, developed by WORLD CLASS CAPITAL (LN) PTE LTD.
How many units are for sale at Palmera Residence?⌄
There are 5 units for sale at Palmera Residence, from S$2.10M to S$2.50M.
What is the rental yield at Palmera Residence?⌄
Gross rental yield at Palmera Residence is about 2.5%, based on median current rents and prices.
How many units are in Palmera Residence?⌄
Palmera Residence has 38 units across 1 block.
What facilities does Palmera Residence have?⌄
Palmera Residence has 8 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, Playground, Sauna, and more.
What is the nearest MRT to Palmera Residence?⌄
The nearest MRT/LRT station to Palmera Residence is Marine Terrace MRT, about 529 m away (~8 min walk).
Which primary schools are within 1 km of Palmera Residence?⌄
Chij (Katong) Primary, Tao Nan School, Ngee Ann Primary School, Haig Girls' School are within 1 km of Palmera Residence — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
