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Condo prices · D19

Palm Grove Condominium

Palm Grove Avenue · D19 · Outside central region · Condominium

The median sale at Palm Grove Condominium was $2,100,000 — $1,428 psf — across 26 transactions between Nov 2021 and Sept 2026. 999-year lease from 1878.

Median price
$2,100,000
26 sales in the window.
Median per sq ft
$1,428 psf
Median unit 1,453 sq ft.
Lease remaining
851 years
999-year lease from 1878

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$206
$2,100,000 over 851 years remaining.
Per sq ft per year
$1.70
What a square foot of this development costs for one year of lease.
Lease expires
2877
15 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021three sales$1262
  • 2022four sales$1336
  • 2023five sales$1440
  • 2024six sales$1461
  • 2025five sales$1427
  • 2026three sales$1556
Show the figures
YearMedian pricePer sq ftSales
2021$2,000,000$1,262 psf3
2022$2,040,000$1,336 psf4
2023$2,000,000$1,440 psf5
2024$2,239,000$1,461 psf6
2025$2,100,000$1,427 psf5
2026$2,160,000$1,556 psf3

Other developments in D19

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.