Palm Grove Terrace landed prices
This page tracks 3 landed rentals and 8 landed sales for Palm Grove Terrace. The median sale price is $3,910,000, with median sale PSF at $2,199 psf. Median rent is $3,500 per month.
Palm Grove Terrace market read
This page tracks 3 landed rentals and 8 landed sales for Palm Grove Terrace. The median sale price is $3,910,000, with median sale PSF at $2,199 psf. Median rent is $3,500 per month.
Palm Grove Terrace has a median of $2,199 psf, 28% higher than D19 terrace houses at $1,724 psf.
Median sale is $3.9M, 11% lower than the D19 terrace houses median of $4.4M.
Median rent is $3,500, 49% lower than the same-type district median of $6,900.
The sample is thin, which is normal for landed homes. Treat the median as directional and use nearby comparisons.
999-year leasehold from 1878 matters most for sale comparisons. Compare against nearby landed areas with similar tenure where possible.
Landed type mix
Compare like-for-like before judging a landed asking price.
Recent sales
Latest landed sales for this named area.
Recent rentals
Latest landed rentals for this named area.
Similar landed areas
Use nearby landed-only areas as the next comparison layer.
Palm Grove Terrace landed FAQ
Quick checks before using landed transaction data for pricing decisions.
Why are landed transaction counts lower than condo counts?
Landed homes trade less often and many are owner-occupied. A low count is normal, but it means nearby comps matter more.
Should I use the median sale price or PSF?
Use both. Total price reflects the deal size, while PSF helps compare against nearby landed homes with different land and built-up areas.
Can rent data value a landed home?
Rent helps with yield and tenant demand, but landed sale value still depends heavily on land, tenure, frontage, rebuild potential and condition.