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Singapore Property News, Insights and Analysis

Completed 2000

Palm Gardens

D23 · Bukit Batok / Bukit Panjang / Choa Chu Kang · 2A Hong San Walk

A 694-unit condo in D23, completed in 2000, on a 99-year lease from 1996 with about 68 years left. Developed by Keppel Land.

Source: Condo master (URA caveats); URA transactions, Nov 2026

68 yrs
Lease left
$1,070
Avg $psf, 12 months
20
Sales, 12 months
2000
Completed

What brings you to Palm Gardens?

Buying here? Get a second opinion. 3-bedders here sold for $1.24M to $1.39M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Palm Gardens prices

Last 12 months
20
Sales
$1,070
Average $psf
$1,013 – $1,153
$psf range
$970k – $1.65M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
2-Bedroom6 sales$1,049 psf$970k – $1.05M958 sq ft
3-Bedroom12 sales$1,070 psf$1.24M – $1.39M1,206–1,216 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft7 sales$1,041 psfAvg $1M$970k – $1.05M
1,100–1,299 sq ft15 sales$1,056 psfAvg $1.28M$1.1M – $1.39M
1,300–1,599 sq ft2 sales$1,129 psfAvg $1.62M$1.58M – $1.65M
Average $psf by year
In 2025, sales here averaged $1,069 psf, 30% below the D23 average of $1,532 psf for private homes (condos, apartments and ECs).
This condoD23 average
Show as a table
YearThis condoD23 average
2026$1,067$1,645
2025$1,069$1,532
2024$1,051$1,591
2023$1,012$1,526
2022$892$1,263
2021$772$1,286
2020$717$1,094
2019$736$1,089
2018$720$999
2017$692$945
2016$714$914
2015$728$958
Sales by year
684 sales since 2007; the busiest year was 2010 with 83. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
20261818
20252828
20242525
20232323
20223131
20214242
20202121
20192323
20182929
20172020
20162727
20152020
20142828
20132121
20124040
20115656
20108383
20097171
20083030
20074848
Sales in the last two years
48 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
28 Oct 2026#02-XX1,206 sq ft · 3-Bedroom$1.25M$1,037 psfResale
26 Oct 2026#13-XX1,206 sq ft · 3-Bedroom$1.3M$1,078 psfResale
18 Sep 2026#06-XX1,206 sq ft · 3-Bedroom$1.27M$1,053 psfResale
15 Sep 2026#03-XX1,206 sq ft · 3-Bedroom$1.39M$1,153 psfResale
10 Sep 2026#06-XX958 sq ft · 2-Bedroom$970k$1,013 psfResale
7 Sep 2026#13-XX1,206 sq ft · 3-Bedroom$1.24M$1,029 psfResale
7 Aug 2026#11-XX1,206 sq ft · 3-Bedroom$1.3M$1,078 psfResale
5 Aug 2026#05-XX958 sq ft · 2-Bedroom$1M$1,044 psfResale
23 Jul 2026#09-XX958 sq ft · 2-Bedroom$1M$1,046 psfResale
20 Jul 2026#09-XX1,216 sq ft · 3-Bedroom$1.35M$1,110 psfResale
Show all 48 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Palm Gardens rent

Leases starting Sep 2025–Aug 2026
38
Leases
$3,850
Median rent a month
$1.24M
Avg sale price, 12 months
3.7%
Est. gross yield

D23 median rent: $3,800 a month; est. gross yield 2.8%.

By bedroom type
TypeLeasesMedian rentMiddle halfD23 medianEst. yield
2-Bedroom7 leases$3,150 median$3,100 – $3,350D23 $3,6003.8% yield
3-Bedroom25 leases$3,900 median$3,750 – $4,025D23 $4,3003.6% yield
4-Bedroom6 leases$4,475 median$3,675 – $5,075D23 $5,500– yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
68years left of 99
1996Ends 2095

99-year lease from 12 Aug 1996. About 68 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Palm Gardens floor plans by bedroom type

9 layouts, from a 958 sq ft 2-bedroom to a 2,131 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Palm Gardens

MRT stations
BP Keat Hong LRT 270 m · 3 min walk
BP South View LRT 360 m · 4 min walk
BP Teck Whye LRT 820 m · 10 min walk
BP Choa Chu Kang LRT 910 m · 11 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
South View Primary SchoolPopular 310 m · 9 min walk
Chua Chu Kang Primary School 610 m · 11 min walk
Teck Whye Primary School 940 m · 16 min walk
Within 2 km
Concord Primary School 1.2 km · 19 min walk
West View Primary School 1.6 km · 31 min walk
St. Anthony's Primary School 1.6 km · 28 min walk
Kranji Primary School 1.7 km · 28 min walk
De La Salle School 1.8 km · 30 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Choa Chu Kang Park 1.1 km · 13 min
Clinic Onecare Clinic Keat Hong LRT 570 m · 7 min
Supermarket Prime Supermarket 430 m · 5 min
Hawker centre Senja Hawker Centre 3.0 km · 36 min
Map of the area around Palm Gardens, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around Palm Gardens

Source: URA transactions; OneMap distances, Nov 2026

08 — From Stacked

Read more about Palm Gardens

15 more articles mention Palm Gardens.

Source: Stacked Homes editorial

09 — FAQ

Questions about Palm Gardens

How many years are left on the lease at Palm Gardens?

About 68 years. It is a 99-year lease from 1996.

When was Palm Gardens completed?

2000.

How many units does Palm Gardens have?

694 units, up to 19 storeys.

What sizes are the 3-bedroom units?

1,206 to 1,744 sq ft across three layouts.

What is the price psf at Palm Gardens?

20 sales in the last 12 months averaged $1,070 psf, ranging from $1,013 to $1,153 psf.

What did the latest sale go for?

A 1,206 sq ft unit sold for $1.25M ($1,037 psf) on 28 Oct 2026.

How much is the rent at Palm Gardens?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,850 a month ($3,150 for a 2-bedroom, $3,900 for a 3-bedroom and $4,475 for a 4-bedroom). That is an estimated gross yield of about 3.7%, before costs.

What is the nearest MRT station?

Keat Hong LRT (BP), a 3-minute walk (270 m). South View LRT (BP) is 360 m away.

Which primary schools are within 1 km?

South View Primary School, 310 m away, Chua Chu Kang Primary School, 610 m away and Teck Whye Primary School, 940 m away.

Who developed Palm Gardens?

Keppel Land.

Answers generated from the data on this page, Nov 2026