Palm Residence rent and sale price
D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan
Address 7 Jalan Rajawali Palm Residence Singapore 598429
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Apartment, Non-Landed Properties 54 transactions Freehold Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Palm Residence
Palm Residence is a freehold apartment in D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan. The page currently tracks 52 rentals and 2 sales.
- Typical rent is $3,800 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,045,000, with median sale PSF at $1,149 psf and total recorded sale value of $4.1M.
- Rent is down 2.4% over the last 3 months. Sale PSF is flat over the last 3 months.
Palm Residence Market Position
How this project compares with the wider D21 market before you read the detailed tables.
Rent vs D21 -8.4%
Rents near district median
Palm Residence's median rent is $3,800 compared with the D21 median of $4,150. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D21 -45.2%
Sale PSF below district median
Palm Residence's median sale PSF is $1,149 psf versus the D21 median of $2,098 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.23%
Rent support near district screen
Gross yield is roughly 2.23% versus a D21 screen of 2.54%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 55.0% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -18.2%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Palm Residence against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Palm Residence Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,800
Is the asking rent fair?
$3,600 to $4,000 is the first fair-rent band to check. Above $4,000 should have a visible reason.
Median sale PSF $1,149 psf
Is the purchase price fair?
$1,980,000 to $2,110,000 and $1,110 to $1,180 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $3,800
Are similar units renting for more?
3 bed and 1,100 to 1,200 sqft give the closest unit-size checks.
Rent stability 55.0% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -18.2%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Palm Residence numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,800/mo Test gross and net yield against typical rent. Buy vs rent $2.0M Compare ownership cost against renting. Mortgage $2.0M Estimate monthly payment from the sale price. Stamp duty $1,149 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Palm Residence Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 2 resale transactions
Total sold value $4.1M
Palm Residence Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 52 Jun 2021 to May 2026
Sale transactions 2 Sept 2021 to Jan 2025
Rent trend -2.4% Last 3 months
Sale PSF trend 0.0% Last 3 months
Palm Residence 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
BEAUTY WORLD MRT STATION (DT5) 0.77 km away
BEAUTY WORLD MRT STATION 0.78 km away
HUME MRT STATION (DT4) 1.26 km away
Schools nearby
BUKIT TIMAH PRIMARY SCHOOL 0.71 km away
PEI HWA PRESBYTERIAN PRIMARY SCHOOL 0.96 km away
KEMING PRIMARY SCHOOL 1.44 km away
KNOWLEDGE PARK EDUCARE PTE LTD (KEMING PRIMARY SCHOOL) 1.49 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 7.8 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 9.1 km away
BUKIT TIMAH PARK CONNECTOR Park / green link · 0.52 km away
MARKET & HAWKER CENTRE (BLK 353 CLEMENTI AVE 2) Food centre · 3.22 km away
Palm Residence Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,200 31 rentals in view
Latest median sale PSF $1,540 psf 1 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 2 $4,200 0 - -
Apr 2026 2 $4,000 0 - -
Jan 2026 1 $3,900 0 - -
Dec 2025 2 $4,100 0 - -
Nov 2025 1 $5,200 0 - -
Aug 2025 1 $3,000 0 - -
Jun 2025 1 $4,000 0 - -
May 2025 2 $3,900 0 - -
Apr 2025 1 $4,000 0 - -
Jan 2025 0 - 1 $1,540 psf $1,890,000
Dec 2024 2 $4,000 0 - -
Jun 2024 4 $4,000 0 - -
Projects Similar to Palm Residence
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1984 Pine Grove 2.8 km away 491 transactions
- Median rent
- $4,325
- Median sale PSF
- $1,042 psf
- Median rent
- $3,875
- Median sale PSF
- $1,173 psf
- Median rent
- $4,200
- Median sale PSF
- $1,198 psf
- Median rent
- $4,000
- Median sale PSF
- $1,281 psf
- Median rent
- $3,700
- Median sale PSF
- $1,425 psf
- Median rent
- $4,000
- Median sale PSF
- $1,459 psf
Palm Residence Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
3 bed $3,800 $3,545 51
4 bed $3,800 $3,800 1
Palm Residence Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
1,000 to 1,100 sqft $3,800 $3,407 14
1,100 to 1,200 sqft $4,000 $3,500 23
1,200 to 1,300 sqft $3,350 $3,450 8
1,400 to 1,500 sqft $4,000 $3,667 3
2,100 to 2,200 sqft $5,200 $4,667 3
3,100 to 3,200 sqft $3,800 $3,800 1
Palm Residence Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
06 to 10 $2,045,000 $1,149 psf 2
Palm Residence 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 Residence shows a typical monthly rent of $3,800 across 52 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,800
Rentals 52
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
Recent sales at Palm Residence point to a typical sale price of $2,045,000 and $1,149 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,045,000
Median PSF $1,149 psf
Sale signal Thin
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold 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 Residence has 2 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $4.1M
Latest record May 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.
District context
Use D21 to compare Palm Residence 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 Residence FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Palm Residence?
Palm Residence has a median monthly rent of $3,800 across 52 rentals.
What is the typical sale price at Palm Residence?
The median sale price for Palm Residence is $2,045,000, based on 2 sales on this page.
What is the median sale PSF at Palm Residence?
The median sale price per square foot for Palm Residence is $1,149 psf. The average sale PSF is $1,149 psf.
Is Palm Residence freehold or leasehold?
Palm Residence is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Palm Residence located?
Palm Residence is located at 7 Jalan Rajawali Palm Residence Singapore 598429 in D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan.
How current is the Palm Residence 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.