99-yearOCRDistrict 16 (Bedok)

Palmwoods

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2026 (URA)
Quick Summary

Palmwoods is a 99-year condominium in District 16 (Bedok) that obtained TOP in 1999, with 87 units across 2 blocks. Across 194 transactions on record, units have recently transacted around S$1.20M (S$1,006 psf, ~1,173 sqft). There are 15 units for sale from S$1.18M to S$1.60M. The lease has approximately 69 years remaining.

Key facts about Palmwoods
Tenure99-year leasehold from 1996 (≈69 years left)
TOP year1999
DeveloperNOT AVAILABLE
Units87 in 2 blocks
District and areaDistrict 16 · Bedok · OCR
Nearest MRTTanah Merah MRT, 558 m (~9 min walk)
Latest median psfS$1,006 psf, last 12 URA caveats to May 2026
1

What's for sale and for rent at Palmwoods?

Key Takeaway

Palmwoods has 15 units listed for sale, asking S$1.18M to S$1.60M (median S$1,349 psf), and 0 units for rent.

For sale

15 listings

S$1.18M – S$1.60M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
2-bedroom3S$1.18M–S$1.28M
3-bedroom12S$1.35M–S$1.60MS$1,349 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Palmwoods?

Key Takeaway

Floor plans for Palmwoods aren't in PropKaki's library yet. Across 194 URA caveats, units range from 850 sqft to 2,756 sqft, and the middle half are 1,012 sqft to 1,292 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom1,033 sqftS$1.18M
3-bedroom1,001 sqft to 1,207 sqftS$1.35M · S$1,349 psf

Check the Floor Plan Finder for Palmwoods →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Palmwoods?

Key Takeaway

Units have recently transacted around S$1.20M (S$1,006 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$1.20M

recent · 194 sales on record

Median PSF

S$1,006 psf

recent transactions

Median rent (monthly)

S$2,281

288 rentals on record

Gross rental yield

2.3%

indicative, gross

Units currently for sale are asking a median of S$1,349 psf — about 34% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

4

What has recently sold at Palmwoods?

Key Takeaway

Palmwoods has 194 recorded sales; the most recent transacted at S$1,640,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,640,0001,292S$1,270 psf
Dec 2025S$1,080,000850S$1,270 psf
Sept 2025S$1,680,0001,346S$1,249 psf
Jul 2025S$1,450,0001,184S$1,225 psf
May 2024S$1,420,0001,292S$1,099 psf
Jul 2023S$1,820,0002,185S$833 psf
Apr 2023S$1,180,0001,173S$1,006 psf
Feb 2023S$1,200,0001,141S$1,052 psf
Sept 2022S$1,295,0001,346S$962 psf
Mar 2022S$838,000872S$961 psf
Mar 2022S$838,000872S$961 psf
Feb 2022S$880,000936S$940 psf

194 sales and 288 rentals on record since Jun 1997. Source: URA.

5

Are prices at Palmwoods rising?

Key Takeaway

The median transacted PSF at Palmwoods has risen 44% over the past 12 years (20132025), from S$866 psf to S$1,249 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,249 psfS$1.45M3+24.2%
2023S$1,006 psfS$1.20M3+4.7%
2022S$961 psfS$880k5+5.4%
2021S$912 psfS$1.10M5+5.9%
2019S$861 psfS$940k2+2.4%
2018S$841 psfS$900k7+1.6%
2017S$828 psfS$939k3+1.7%
2016S$814 psfS$701k2-14.2%
2014S$949 psfS$915k2+9.6%
2013S$866 psfS$755k2

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Palmwoods a good investment?

Key Takeaway

Of 107 units at Palmwoods that were bought and later resold (bought from 1997, resold up to 2026), 72% sold for more than they were bought for, with a median gain of 22% over a median 7.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Units listed now ask about 34% 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

72%

of 107 resales here

Median gain

22%

gross, before costs

Median hold

7.3 years

bought to resold

Every unit at Palmwoods with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Palmwoods and what's nearby?

Key Takeaway

Palmwoods is located in Bedok, in the East Region of Singapore.

Palmwoods is a 99-year condominium completed in 1999. It was developed by NOT AVAILABLE. The development has 87 residential units. It sits on a land area of 7,406 sqm and has a gross floor area of 10,369 sqm. The plot ratio is 1.4.

PALMWOODS is located at 452 Upper Changi Road, Singapore 487040. It is part of District 16, Bedok / Upper East Coast, Bedok. The project falls within the East Region and the OCR market segment.

The nearest rail connection is Tanah Merah MRT, approximately 558m away, around 9 minutes on foot. Nearby amenities include East Village for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Jln Pari Burong Pg for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Fitness corner, Jacuzzi, Playground, and 24 hours security.

8

How far is Palmwoods from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Palmwoods is Tanah Merah MRT, about 558 m away (~9 min walk). 5 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Anglican High SchoolSecondary schoolwithin 1 km673 m
  • St. Anthony's Canossian Secondary SchoolSecondary schoolwithin 1 km719 m
  • St. Anthony's Canossian Primary SchoolPrimary schoolwithin 1 km · P1 priority797 m
  • Bedok South Secondary SchoolSecondary schoolwithin 1 km836 m
  • Bedok View Secondary SchoolSecondary schoolwithin 1 km980 m
  • Changkat Changi Secondary SchoolSecondary school1.0 km
  • Changkat Primary SchoolPrimary school1.0 km
  • Bedok Green Secondary SchoolSecondary school1.5 km

Shops, food & parks

Mall: East Village · 185 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 76 mPark: Jln Pari Burong Pg · 229 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Palmwoods and how big is the development?

Key Takeaway

Palmwoods was developed by NOT AVAILABLE, designed by ANDREW TAN ARCHITECTS PTE, with 87 units over up to 4 storeys.

Developer
NOT AVAILABLE
Architect
ANDREW TAN ARCHITECTS PTE
Main contractor
DIGI BUILDER PTE LTD
Floors
4 storeys
Blocks
2
Land area
7,406 sqm (79,717 sqft)
Gross floor area
10,369 sqm (111,611 sqft)
Plot ratio
1.40
10

What facilities does Palmwoods have?

Key Takeaway

Palmwoods has 8 facilities, including Barbeque Area, Basement car park, Fitness corner, Jacuzzi, and more.

Barbeque AreaBasement car parkFitness cornerJacuzziPlayground24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at Palmwoods?

Key Takeaway

Buying a unit at Palmwoods (~S$1.20M) needs about S$8,784/mo in income and S$4,041/mo in repayments, after S$32,600 stamp duty and a S$300k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.20M) 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$32,600

BSD, tiered

Downpayment (25%)

S$300k

cash + CPF

Monthly instalment

S$4,041/mo

30y @ 3.5%

Income required

S$8,784/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Palmwoods?

Key Takeaway

7,518 CEA-registered agents closed at least one recorded deal in District 16 — where Palmwoods sits — in the last 12 months, across all property types.

Active agents · 12mo

7,518

District 16 · closed ≥1 deal

Deals on record

34,135

all-time · all property types

Source: CEA public transaction records, attributed to District 16 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Palmwoods? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Palmwoods's own transactions.

PropKaki
Is Palmwoods a good buy, and what are units selling for?

Recent units at Palmwoods sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Palmwoods

Is Palmwoods freehold?

No. Palmwoods is on a 99-year lease that started in 1996, with about 69 years left.

How old is Palmwoods?

Palmwoods was completed (obtained TOP) in 1999, so it is about 27 years old.

Is Palmwoods a good investment?

Of 107 units at Palmwoods that were bought and later resold (bought from 1997, resold up to 2026), 72% sold for more than they were bought for, with a median gain of 22% over a median 7.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Units listed now ask about 34% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Palmwoods an EC?

No. Palmwoods is a private condominium, not an executive condominium (EC).

Who is the developer of Palmwoods?

Palmwoods was developed by NOT AVAILABLE.

What is the price of a condo at Palmwoods?

Units at Palmwoods have recently sold for around S$1.20M (S$1,006 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 15 units are listed for sale from S$1.18M to S$1.60M.

Where is Palmwoods located?

Palmwoods is at 452 Upper Changi Road, Singapore 487040, in Bedok (District 16). The nearest MRT station is Tanah Merah MRT, about 558 m away.

How many units are there in Palmwoods?

Palmwoods has 87 units in 2 blocks, up to 4 storeys high.

How much do I need to earn to buy at Palmwoods?

For a unit around S$1.20M as a first home, you'd need roughly S$8,784/mo in income (assessed at the stress-test rate), with repayments near S$4,041/mo after a S$300k (25%) downpayment and S$32,600 Buyer's Stamp Duty.

Are prices at Palmwoods going up?

The median price per square foot at Palmwoods has risen about 44% between 2013 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Palmwoods?

St. Anthony's Canossian Primary School is within 1 km of Palmwoods. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.