Palm Isles
Flora Drive · D17 · Outside central region · Condominium
The median sale at Palm Isles was $954,000 — $1,181 psf — across 144 transactions between Nov 2021 and Oct 2026. 99-year lease from 2011.
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
The median moved up 26 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 202112 sales$990
- 202246 sales$1059
- 202323 sales$1213
- 202425 sales$1227
- 202522 sales$1238
- 202616 sales$1251
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $795,000 | $990 psf | 12 |
| 2022 | $944,000 | $1,059 psf | 46 |
| 2023 | $924,000 | $1,213 psf | 23 |
| 2024 | $988,000 | $1,227 psf | 25 |
| 2025 | $1,089,000 | $1,238 psf | 22 |
| 2026 | $945,000 | $1,251 psf | 16 |
What it rents for
URA’s median of rental contracts lodged at Palm Isles in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D17
- Coastal Cabana · $1,796 psf
- Hedges Park Condominium · $1,215 psf
- The Jovell · $1,472 psf
- Parc Olympia · $1,165 psf
- Carissa Park Condominium · $1,159 psf
- Kassia · $2,067 psf
- The Inflora · $1,272 psf
- Edelweiss Park Condominium · $1,070 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.