Palmera Residence
Palmera Residence is a freehold apartment in District 15 (Bedok) that obtained TOP in 2010, with 38 units across 1 block. Across 83 transactions on record, units have recently transacted around S$1.46M (S$1,246 psf, ~1,206 sqft). There are 5 units for sale from S$2.10M to S$2.50M.
| Tenure | Freehold |
|---|---|
| TOP year | 2010 |
| Developer | WORLD CLASS CAPITAL (LN) PTE LTD |
| Units | 38 in 1 block |
| District and area | District 15 · Bedok · RCR |
| Nearest MRT | Marine Terrace MRT, 529 m (~8 min walk) |
| Latest median psf | S$1,246 psf, last 12 URA caveats to Apr 2024 |
What's for sale and for rent at Palmera Residence?
Palmera Residence has 5 units listed for sale, asking S$2.10M to S$2.50M (median S$1,806 psf), and 0 units for rent.
For sale
5 listings
S$2.10M – S$2.50M
For rent
0 listings
no asking rents
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 3-bedroom | 5 | S$2.10M–S$2.50M | S$1,806 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Palmera Residence?
Floor plans for Palmera Residence aren't in PropKaki's library yet. Across 83 URA caveats, units range from 549 sqft to 1,970 sqft, and the middle half are 883 sqft to 1,421 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 3-bedroom | 1,163 sqft to 1,767 sqft | S$2.10M · S$1,806 psf |
Check the Floor Plan Finder for Palmera Residence →
Unit sizes from URA caveats. Listed sizes from current property listings.
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$3,084
96 rentals on record
Gross rental yield
2.5%
indicative, gross
Units currently for sale are asking a median of S$1,806 psf — about 45% 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 96 rentals on record since Feb 2009. Source: URA.
Are prices at Palmera Residence rising?
The median transacted PSF at Palmera Residence has risen 40% over the past 14 years (2010–2024), from S$940 psf to S$1,316 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$1,316 psf | S$1.65M | 2 | +4.8% |
| 2022 | S$1,256 psf | S$1.46M | 4 | +46.6% |
| 2021 | S$857 psf | S$1.31M | 2 | -1.6% |
| 2020 | S$871 psf | S$1.10M | 4 | -27.3% |
| 2018 | S$1,198 psf | S$1.07M | 5 | +8.1% |
| 2016 | S$1,108 psf | S$1.06M | 4 | -5.7% |
| 2014 | S$1,175 psf | S$750k | 2 | +47.8% |
| 2012 | S$795 psf | S$959k | 2 | -14.4% |
| 2011 | S$929 psf | S$1.18M | 9 | -1.2% |
| 2010 | S$940 psf | S$940k | 9 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Palmera Residence a good investment?
Of 45 units at Palmera Residence that were bought and later resold (bought from 2009, resold up to 2024), 96% sold for more than they were bought for, with a median gain of 28% over a median 4.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 45% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
96%
of 45 resales here
Median gain
28%
gross, before costs
Median hold
4.1 years
bought to resold
Every unit at Palmera Residence 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 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.
Who built Palmera Residence and how big is the development?
Palmera Residence was developed by WORLD CLASS CAPITAL (LN) PTE LTD, with 38 units.
- Developer
- WORLD CLASS CAPITAL (LN) PTE LTD
- Blocks
- 1
- Land area
- 1,342 sqm (14,445 sqft)
- Gross floor area
- 1,879 sqm (20,225 sqft)
- Plot ratio
- 1.40
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
How many property agents are active around Palmera Residence?
9,527 CEA-registered agents closed at least one recorded deal in District 15 — where Palmera Residence sits — in the last 12 months, across all property types.
Active agents · 12mo
9,527
District 15 · closed ≥1 deal
Deals on record
60,936
all-time · all property types
Source: CEA public transaction records, attributed to District 15 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Palmera Residence? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palmera Residence's own transactions.
PropKakiRecent units at Palmera Residence sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palmera Residence
Is Palmera Residence freehold?⌄
Yes. Palmera Residence is freehold, so ownership does not run out.
How old is Palmera Residence?⌄
Palmera Residence was completed (obtained TOP) in 2010, so it is about 16 years old.
Is Palmera Residence a good investment?⌄
Of 45 units at Palmera Residence that were bought and later resold (bought from 2009, resold up to 2024), 96% sold for more than they were bought for, with a median gain of 28% over a median 4.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 45% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Palmera Residence an EC?⌄
No. Palmera Residence is a private apartment development, not an executive condominium (EC).
Who is the developer of Palmera Residence?⌄
Palmera Residence was developed by WORLD CLASS CAPITAL (LN) PTE LTD.
What is the price of a condo at Palmera Residence?⌄
Units at Palmera Residence have recently sold for around S$1.46M (S$1,246 psf), the median of the last 12 URA caveats to Apr 2024. The price depends on size, floor and facing. 5 units are listed for sale from S$2.10M to S$2.50M.
Where is Palmera Residence located?⌄
Palmera Residence is at 38 Lorong N Telok Kurau, Singapore 425163, in Bedok (District 15). The nearest MRT station is Marine Terrace MRT, about 529 m away.
How many units are there in Palmera Residence?⌄
Palmera Residence has 38 units in 1 block.
How much do I need to earn to buy at Palmera Residence?⌄
For a unit around S$1.46M as a first home, you'd need roughly S$10,688/mo in income (assessed at the stress-test rate), with repayments near S$4,917/mo after a S$365k (25%) downpayment and S$43,000 Buyer's Stamp Duty.
Are prices at Palmera Residence going up?⌄
The median price per square foot at Palmera Residence has risen about 40% between 2010 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.