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Singapore Property News, Insights and Analysis

Completed 2010

Palmera Residence

D15 · East Coast / Marine Parade · 38 Telok Kurau Lorong N

A 38-unit freehold apartment in D15, completed in 2010. Developed by World Class Capital Pte Ltd.

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

Freehold
Tenure
2010
Completed
38
Units
690 m
Marine Terrace MRT

What brings you to Palmera Residence?

Buying here? Get a second opinion. The last recorded sale here was $2.45M ($1,316 psf) in Apr 2024. 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

Palmera Residence prices

All sales on record
83
Sales on record
Apr 2024
Latest sale
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom1 sale$1,869 psf$1.65M883 sq ft
3-Bedroom1 sale$1,316 psf$2.45M1,862 sq ft

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

Average $psf by year
In 2024, sales here averaged $1,592 psf, 31% below the D15 average of $2,320 psf for private homes (condos, apartments and ECs).
This condoD15 average
Show as a table
YearThis condoD15 average
2024$1,592$2,320
2023$1,533$2,227
2022$1,306$1,861
2021$951$1,695
2020$1,009$1,527
2018$1,169$1,465
2016$1,136$1,280
2015$1,366$1,298
2014$1,270$1,343
2012$912$1,300
2011$948$1,254
2010$898$1,130
Sales by year
83 sales since 2009; the busiest year was 2009 with 38. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260000
20250000
20240022
20230011
20220044
20210022
20200044
20190000
20180055
20170000
20160044
20150011
20140022
20130000
20120022
20110099
20100729
2009380038
Latest sales
5 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
8 Apr 2024#05-XX1,862 sq ft · 3-Bedroom$2.45M$1,316 psfResale
26 Mar 2024#03-XX883 sq ft · 2-Bedroom$1.65M$1,869 psfResale
2 May 2023#02-XX1,292 sq ft · 4-Bedroom$1.98M$1,533 psfResale
13 Dec 2022#05-XX1,938 sq ft · 4-Bedroom$2.1M$1,083 psfResale
13 Sep 2022#03-XX1,163 sq ft · 3-Bedroom$1.6M$1,376 psfResale
Compared with nearby condos
1-Bedroom units · average price and $psf, last 12 months

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

Last 12 monthsNo sales in the last 12 months.

Source: URA caveats, Nov 2026.

03 — Rent

Palmera Residence rent

Leases starting Sep 2025–Aug 2026
6
Leases
$3,850
Median rent a month

D15 median rent: $4,600 a month; est. gross yield 2.1%.

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 — Unit mix

Palmera Residence floor plans by bedroom type

23 layouts, from a 549 sq ft 1-bedroom to a 1,970 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Palmera Residence

MRT stations
TE Marine Terrace 690 m · 8 min walk
TE Marine Parade 1.3 km · 16 min walk
EW Eunos 1.8 km · 21 min walk
EW Kembangan 1.8 km · 22 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
CHIJ (Katong) Primary 340 m · 7 min walk
Tao Nan SchoolPopular 470 m · 9 min walk
Ngee Ann Primary School 830 m · 13 min walk
Haig Girls' SchoolPopular 970 m · 15 min walk
Within 2 km
St. Stephen's School 1.2 km · 23 min walk
Tanjong Katong Primary School 1.4 km · 20 min walk
Opera Estate Primary School 1.8 km · 35 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 Telok Kurau Lorong N Park 180 m · 2 min
Clinic Siglap Clinic 90 m · 1 min
Supermarket FairPrice 460 m · 6 min
Hawker centre Marine Terrace Blk 50A (50A Marine Terrace) 880 m · 10 min
Map of the area around Palmera Residence, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Palmera Residence

Upcoming supply
East Coast Road250 m · about 98 units · 0.55 ha Open for tender
New Upper Changi Road2.7 km · about 983 units · 3.16 ha Awarded · $16,545 psm GFA · Sep 2026

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Palmera Residence

Source: Stacked Homes editorial

08 — FAQ

Questions about Palmera Residence

Is Palmera Residence freehold?

Yes. Palmera Residence is a freehold apartment.

When was Palmera Residence completed?

2010.

How many units does Palmera Residence have?

38 units.

What sizes are the 1-bedroom units?

549 to 1,528 sq ft across seven layouts.

When was the last sale?

Apr 2024. There are 83 sales on record.

How much is the rent at Palmera Residence?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,850 a month.

What is the nearest MRT station?

Marine Terrace (TE), an 8-minute walk (690 m). Marine Parade (TE) is 1.3 km away.

Which primary schools are within 1 km?

CHIJ (Katong) Primary, 340 m away, Tao Nan School, 470 m away, Ngee Ann Primary School, 830 m away and Haig Girls' School, 970 m away.

Who developed Palmera Residence?

World Class Capital Pte Ltd.

Answers generated from the data on this page, Nov 2026