Paradise Palms
Paradise Palms is a freehold apartment in District 15 (Geylang) that obtained TOP in 2002, with 58 units across 1 block. Across 108 transactions on record, units have recently transacted around S$1.85M (S$1,736 psf, ~1,141 sqft).
What are the key facts about Paradise Palms?
Paradise Palms is a freehold apartment in District 15 (Geylang) that obtained TOP in 2002, with 58 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2002
- Developer
- O.E.B. PROPERTIES PTE LTD
- Total units
- 58
- Blocks
- 1
- District / Area
- District 15 (Geylang)
- Market segment
- RCR
- Median PSF
- S$1,736 psf
- Last transacted
- May 2026
- Remaining lease
- Freehold
What is the price and PSF at Paradise Palms?
Units have recently transacted around S$1.85M (S$1,736 psf), at a gross rental yield of about 1.9% (URA caveat data).
Recent median price
S$1.85M
recent · 108 sales on record
Median PSF
S$1,736 psf
recent transactions
Median rent (monthly)
S$3,001
285 rentals on record
Gross rental yield
1.9%
indicative, gross
Source: URA caveat data, through May 2026.
What has recently sold at Paradise Palms?
Paradise Palms has 108 recorded sales; the most recent transacted at S$2,538,000 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$2,538,000 | 1,184 | S$2,144 psf |
| Jul 2025 | S$2,170,000 | 1,184 | S$1,833 psf |
| Apr 2025 | S$2,330,000 | 1,141 | S$2,042 psf |
| Apr 2025 | S$1,700,000 | 915 | S$1,858 psf |
| Feb 2024 | S$2,000,000 | 1,152 | S$1,736 psf |
| Nov 2022 | S$2,075,000 | 1,152 | S$1,802 psf |
| Nov 2022 | S$1,580,000 | 915 | S$1,727 psf |
| Sept 2022 | S$1,850,000 | 1,141 | S$1,621 psf |
| Sept 2022 | S$2,050,000 | 1,152 | S$1,780 psf |
| Sept 2022 | S$1,500,000 | 915 | S$1,639 psf |
| Aug 2022 | S$1,530,000 | 915 | S$1,672 psf |
| Jul 2021 | S$1,795,000 | 1,152 | S$1,559 psf |
108 sales and 285 rentals on record since Jun 1999. Source: URA.
Are prices at Paradise Palms rising?
The median transacted PSF at Paradise Palms has risen 52% over the past 13 years (2012–2025), from S$1,224 psf to S$1,858 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,858 psf | S$2.17M | 3 | +11.1% |
| 2022 | S$1,672 psf | S$1.58M | 6 | +18.8% |
| 2021 | S$1,407 psf | S$1.62M | 2 | -1.8% |
| 2020 | S$1,433 psf | S$1.65M | 4 | +6.6% |
| 2019 | S$1,344 psf | S$1.28M | 3 | -4.1% |
| 2018 | S$1,402 psf | S$1.60M | 2 | +24.1% |
| 2016 | S$1,130 psf | S$1.33M | 2 | -7.7% |
| 2015 | S$1,224 psf | S$1.38M | 5 | -1.4% |
| 2013 | S$1,242 psf | S$1.43M | 2 | +1.5% |
| 2012 | S$1,224 psf | S$1.41M | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Paradise Palms?
9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Paradise Palms sits — in the last 12 months, across all property types.
Active agents · 12mo
9,526
District 15 · closed ≥1 deal
Deals on record
60,896
all-time · all property types
Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Paradise Palms and what's nearby?
Paradise Palms is located in Geylang, in the Central Region of Singapore.
Paradise Palms is a freehold apartment completed in 2002. It was developed by O.E.B. PROPERTIES PTE LTD. The development has 58 residential units. It sits on a land area of 2,475 sqm and has a gross floor area of 6,929 sqm. The plot ratio is 2.8.
PARADISE PALMS is located at 505 Dunman Road, Singapore 439198. It is part of District 15, Katong / Joo Chiat / Amber Road, Geylang. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Dakota MRT, approximately 713m away, around 11 minutes on foot. Nearby amenities include Kinex for shopping, ANGLISS SINGAPORE PTE LTD for groceries, Blks 13/14 Haig Road for food options, and Green Lane Park for greenery and recreation. Facilities in the development include Barbeque Area, Clubhouse, Playground, Squash court, Swimming pool, and Tennis courts.
Who built Paradise Palms and how big is the development?
Paradise Palms was developed by O.E.B. PROPERTIES PTE LTD, designed by M K P L ARCHITECTS, with 58 units.
- Developer
- O.E.B. PROPERTIES PTE LTD
- Architect
- M K P L ARCHITECTS
- Main contractor
- CHON HWA CONSTRUCTION PTE LTD
- Blocks
- 1
- Land area
- 2,475 sqm (26,641 sqft)
- Gross floor area
- 6,929 sqm (74,583 sqft)
- Plot ratio
- 2.80
How far is Paradise Palms from MRT and schools?
The nearest MRT/LRT to Paradise Palms is Dakota MRT, about 713 m away (~11 min walk). 7 schools are within 1 km, including 3 primary schools.
Getting around
- Dakota MRT713 m · ~11 min
- Paya Lebar MRT879 m · ~14 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Tanjong Katong Girls' SchoolSecondary schoolwithin 1 km202 m
- Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km252 m
- Chung Cheng High School (Main)Secondary schoolwithin 1 km677 m
- Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority750 m
- Kong Hwa SchoolPrimary schoolwithin 1 km · P1 priority783 m
- Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority872 m
- Broadrick Secondary SchoolSecondary schoolwithin 1 km988 m
- Geylang Methodist School (Primary)Primary school1.5 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Paradise Palms have?
Paradise Palms has 6 facilities, including Barbeque Area, Clubhouse, Playground, Squash court, and more.
What does it cost to own a unit at Paradise Palms?
Buying a unit at Paradise Palms (~S$1.85M) needs about S$13,543/mo in income and S$6,230/mo in repayments, after S$62,100 stamp duty and a S$463k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.85M) 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$62,100
BSD, tiered
Downpayment (25%)
S$463k
cash + CPF
Monthly instalment
S$6,230/mo
30y @ 3.5%
Income required
S$13,543/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 Paradise Palms? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Paradise Palms's own transactions.
PropKakiRecent units at Paradise Palms sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Paradise Palms
How much does a unit at Paradise Palms cost?⌄
Units at Paradise Palms have recently transacted around S$1.85M (S$1,736 psf), from 108 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Paradise Palms?⌄
For a unit around S$1.85M as a first home, you'd need roughly S$13,543/mo in income (assessed at the stress-test rate), with repayments near S$6,230/mo after a S$463k (25%) downpayment and S$62,100 Buyer's Stamp Duty.
Is Paradise Palms a good investment?⌄
Gross rental yield is about 1.9%; median PSF has risen about 52% since 2012. 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.
Are prices at Paradise Palms going up?⌄
The median transacted PSF at Paradise Palms has risen about 52% between 2012 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Paradise Palms freehold or leasehold?⌄
Paradise Palms is freehold — ownership does not expire.
When was Paradise Palms built and who developed it?⌄
Paradise Palms obtained TOP in 2002, developed by O.E.B. PROPERTIES PTE LTD, with 58 units across 1 block.
What is the nearest MRT to Paradise Palms?⌄
The nearest MRT/LRT station to Paradise Palms is Dakota MRT, about 713 m away (~11 min walk).
Which primary schools are within 1 km of Paradise Palms?⌄
Tanjong Katong Primary School, Kong Hwa School, Haig Girls' School are within 1 km of Paradise Palms — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.