Rent vs D19 +21.6%
Rents above district median
Palm Grove Condominium's latest 12-month median rent is $4,500 compared with the D19 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Palm Grove Condominium rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 19 Palm Grove Avenue Palm Grove Condominium Singapore 547315
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Quick summary about Palm Grove Condominium
Palm Grove Condominium is a 999-year leasehold condominium in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 60 rentals and 26 sales.
- Latest 12M median rent is $4,500 per month from 13 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $2,094,000, with median sale PSF at $1,477 psf from 4 sales.
- Rent is down 4.5% over the last 3 months. Sale PSF is up 6.1% over the last 3 months.
Palm Grove Condominium Market Brief
Compare the project with D19 across rent, sale PSF, tenure and transaction activity.
Compared with D19
Sale PSF vs D19 -11.6%
Sale PSF near district median
Palm Grove Condominium's latest 12-month median sale PSF is $1,477 psf versus the D19 median of $1,670 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.58%
Rent support near district screen
Gross yield is roughly 2.58% versus a D19 screen of 2.57%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 32.6% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -57.9%
Activity is lighter
8 recent transactions versus 19 in the prior 6-month view.
Tenure lens 999-year leasehold
Leasehold comparison needed
999-year leasehold from 1878 matters most on sale price. Compare Palm Grove Condominium against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,500
Is the asking rent fair?
$4,300 to $4,750 is the first fair-rent band to check. Above $4,750 should have a visible reason.
Latest 12M median sale PSF $1,477 psf
Is the purchase price fair?
$2,030,000 to $2,160,000 and $1,430 to $1,520 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,400
Are similar units renting for more?
3 bed and 1,400 to 1,500 sqft give the closest unit-size checks.
Rent stability 32.6% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -57.9%
Is activity rising?
Activity is lighter. 8 recent transactions versus 19 in the prior 6-month view.
Palm Grove Condominium Project Facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1878
Property type Condominium, Non-Landed Properties
Sales 26 resale transactions
Total sold value $53.8M
Palm Grove Condominium Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 60 Jun 2021 to Apr 2026
Sale transactions 26 Jul 2021 to Jun 2026
Rent trend -4.5% Last 3 months
Sale PSF trend 6.1% Last 3 months
Palm Grove Condominium Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
KOVAN MRT STATION 0.65 km away
KOVAN MRT STATION (NE13) 0.72 km away
SERANGOON MRT STATION (CC13) 1.19 km away
Schools nearby
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.27 km away
NPS INTERNATIONAL SCHOOL 0.3 km away
NPS INTERNATIONAL SCHOOL (PRIMARY CAMPUS) 0.31 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.78 km away
Amenities
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.9 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 1.03 km away
CI YUAN HAWKER CENTRE Food centre · 1.83 km away
Palm Grove Condominium Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,650 27 rentals in view
Latest median sale PSF $1,526 psf 11 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 0 - 1 $1,526 psf $1,988,000
Apr 2026 2 $3,650 0 - -
Feb 2026 1 $4,300 1 $1,560 psf $2,200,000
Dec 2025 0 - 1 $1,427 psf $2,750,000
Nov 2025 1 $4,200 0 - -
Oct 2025 0 - 1 $1,401 psf $950,000
Sept 2025 3 $4,150 0 - -
Jul 2025 6 $4,800 0 - -
Jun 2025 1 $4,400 1 $1,473 psf $1,918,000
Apr 2025 1 $4,500 2 $1,438 psf $2,375,000
Feb 2025 3 $4,900 0 - -
Dec 2024 2 $4,600 0 - -
Projects Similar to Palm Grove Condominium
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2005 The Quartz 2.9 km away 391 transactions
- Median rent
- $4,250
- Median sale PSF
- $1,330 psf
- Median rent
- $4,200
- Median sale PSF
- $1,167 psf
- Median rent
- $3,800
- Median sale PSF
- $1,243 psf
- Median rent
- $4,300
- Median sale PSF
- $1,241 psf
- Median rent
- $3,975
- Median sale PSF
- $1,401 psf
- Median rent
- $4,300
- Median sale PSF
- $1,283 psf
Palm Grove Condominium Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,800 $2,610 5
3 bed $4,400 $4,413 55
Palm Grove Condominium Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
600 to 700 sqft $2,800 $2,610 5
1,200 to 1,300 sqft $4,500 $4,500 1
1,300 to 1,400 sqft $4,600 $4,611 9
1,400 to 1,500 sqft $4,200 $4,227 28
1,600 to 1,700 sqft $4,000 $4,200 4
1,700 to 1,800 sqft $5,150 $5,150 2
1,800 to 1,900 sqft $4,700 $4,650 6
1,900 to 2,000 sqft $4,500 $4,670 5
Palm Grove Condominium Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,074,000 $1,427 psf 26
Palm Grove Condominium Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Palm Grove Condominium shows a latest 12-month median monthly rent of $4,500 across 13 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,500
Rentals in period 13
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Palm Grove Condominium show a median price of $2,094,000 and $1,477 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $2,094,000
Latest 12M median PSF $1,477 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1878 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Palm Grove Condominium has 26 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $53.8M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Palm Grove Condominium numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,500/mo Test gross and net yield against typical rent. Buy vs rent $2.1M Compare ownership cost against renting. Mortgage $2.1M Estimate monthly payment from the sale price. Stamp duty $1,477 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D19 to compare Palm Grove Condominium against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Palm Grove Condominium FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Palm Grove Condominium?
Palm Grove Condominium has a latest 12-month median monthly rent of $4,500 across 13 rentals in that period.
What is the typical sale price at Palm Grove Condominium?
The latest 12-month median sale price for Palm Grove Condominium is $2,094,000, based on 4 sales in that period.
What is the median sale PSF at Palm Grove Condominium?
The latest 12-month median sale price per square foot for Palm Grove Condominium is $1,477 psf. The average for the same period is $1,479 psf.
Is Palm Grove Condominium freehold or leasehold?
Palm Grove Condominium is listed as 999-year leasehold from 1878. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Palm Grove Condominium located?
Palm Grove Condominium is located at 19 Palm Grove Avenue Palm Grove Condominium Singapore 547315 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Palm Grove Condominium transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.