Palm Grove Terrace
Palm Grove Avenue · D19 · Outside central region · Terrace
The median sale at Palm Grove Terrace was $4,020,000 — $2,253 psf of land — across nine transactions between Feb 2022 and Sept 2026. 999-year lease from 1878.
Figures here are based on just nine sales, which is too few to call a market rate.
Palm Grove Terrace saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
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.
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.
- 2022three sales$2003
- 2023two sales$2036
- 2024two sales$2336
- 2025one sale$2462
- 2026one sale$2738
Show the figures
| Year | Median price | Per sq ft of land | Sales |
|---|---|---|---|
| 2022 | $3,630,000 | $2,003 psf | 3 |
| 2023 | $3,985,000 | $2,036 psf | 2 |
| 2024 | $3,950,000 | $2,336 psf | 2 |
| 2025 | $4,020,000 | $2,462 psf | 1 |
| 2026 | $4,750,000 | $2,738 psf | 1 |
Other landed housing in D19
- Serangoon Garden Estate · $1,820 psf
- Tai Hwan Garden · $1,787 psf
- Park Villas · $1,480 psf
- Golden Hill Estate · $1,812 psf
- Haus@Serangoon Garden · $1,920 psf
- People's Garden · $1,753 psf
- Fengli Gardens · $1,704 psf
- Charlton Park · $1,729 psf
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.