Palmera Residence
About Palmera Residence
Palmera Residence is a freehold Condo Apartment located in Bedok, District 15. Completed in 2011, it has a total of 1 blocks within the development and comprises a total of 38 units. It is within walking distance to MRT stations such as Marine Terrace MRT and Marine Parade MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Palmera Residence is also close to schools like Dynamic World Montessori, NAFA Arts Kindergarten and CHIJ (Katong) Primary. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like The BBQ Shop @ Kembangan and Market Place - Katong Market Place for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Q Medical Clinic. Marine Parade Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Telok Kurau Lorong N Park, to enjoy some fresh air.
Key Property Details
Project Name | Palmera Residence |
|---|---|
Address | 38 Lorong N Telok Kurau, Singapore 425163 View on map |
Nearest MRT | Marine Terrace MRT · 6 min walk |
TOP date | 1 Jan 2011 |
Tenure | Freehold |
Project Size | Small (38 units) |
Number of Units | 38 |
District | D15 |
Neighbourhood | Bedok |
Blocks | 1 |
Property type | Condo Apartment |
Developer | World Class Capital (Ln) Pte Ltd |
Buildings in Palmera Residence
- 38 Lorong N Telok Kurau425163
Facilities for Palmera Residence
BBQ
Clubhouse
Fitness Corner
Gym
Jacuzzi
Parking
Playground
Sauna
Site Plans
Site plans and elevation charts for Palmera Residence
Pricing & Transaction History
Sale transaction history for Palmera Residence
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date sold | Block | Unit | Beds | PSF | Area
(sqft) | Price sold |
|---|---|---|---|---|---|---|
04/2024 | 38 | #05-xx | - | S$ 1,316 | 1,862 | S$ 2.450M |
03/2024 | 38 | #03-xx | - | S$ 1,869 | 883 | S$ 1.650M |
05/2023 | 38 | #02-xx | - | S$ 1,533 | 1,292 | S$ 1.980M |
12/2022 | 38 | #05-xx | - | S$ 1,083 | 1,937 | S$ 2.098M |
09/2022 | 38 | #03-xx | - | S$ 1,376 | 1,163 | S$ 1.600M |
07/2022 | 38 | #0x-xx | - | S$ 1,508 | 549 | S$ 828,000 |
01/2022 | 38 | #0x-xx | - | S$ 1,256 | 1,162 | S$ 1.460M |
08/2021 | 38 | #0x-xx | - | S$ 1,045 | 1,969 | S$ 2.058M |
05/2021 | 38 | #0x-xx | - | S$ 857 | 1,529 | S$ 1.310M |
05/2020 | 38 | #0x-xx | - | S$ 789 | 1,496 | S$ 1.180M |
03/2020 | 38 | #0x-xx | - | S$ 1,246 | 883 | S$ 1.100M |
03/2020 | 38 | #0x-xx | - | S$ 871 | 1,206 | S$ 1.050M |
01/2020 | 38 | #0x-xx | - | S$ 1,130 | 1,420 | S$ 1.605M |
12/2018 | 38 | #0x-xx | - | S$ 1,271 | 549 | S$ 698,000 |
12/2018 | 38 | #0x-xx | - | S$ 1,198 | 893 | S$ 1.070M |
07/2018 | 38 | #0x-xx | - | S$ 1,295 | 560 | S$ 725,000 |
03/2018 | 38 | #0x-xx | - | S$ 1,158 | 1,292 | S$ 1.496M |
02/2018 | 38 | #0x-xx | - | S$ 923 | 1,861 | S$ 1.718M |
10/2016 | 38 | #0x-xx | - | S$ 1,152 | 851 | S$ 980,000 |
04/2016 | 38 | #0x-xx | - | S$ 1,084 | 1,292 | S$ 1.400M |
Rent transaction history for Palmera Residence
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date | Beds | PSF | Area
(sqft) | Price |
|---|---|---|---|---|
03/2026 | 3 BR | S$ 3.96 | 1,100-1,200 | S$ 4,600 |
02/2026 | 3 BR | S$ 3.85 | 1,000-1,100 | S$ 4,100 |
11/2025 | 1 BR | S$ 5.28 | 500-600 | S$ 2,900 |
08/2025 | 3 BR | S$ 3.85 | 1,000-1,100 | S$ 4,100 |
07/2025 | 2 BR | S$ 4.19 | 800-900 | S$ 3,700 |
04/2025 | 2 BR | S$ 3.21 | 1,400-1,500 | S$ 4,800 |
02/2025 | 3 BR | S$ 4.03 | 1,000-1,100 | S$ 4,300 |
10/2024 | 2 BR | S$ 4.53 | 800-900 | S$ 4,000 |
08/2024 | 2 BR | S$ 4.19 | 800-900 | S$ 3,700 |
02/2024 | 3 BR | S$ 3.87 | 1,100-1,200 | S$ 4,500 |
11/2023 | 1 BR | S$ 5.65 | 500-600 | S$ 3,100 |
05/2023 | 1 BR | S$ 5.46 | 500-600 | S$ 3,000 |
04/2023 | 2 BR | S$ 4.76 | 800-900 | S$ 4,200 |
03/2023 | 2 BR | S$ 3.34 | 1,400-1,500 | S$ 5,000 |
02/2023 | 3 BR | S$ 4.22 | 1,000-1,100 | S$ 4,500 |
12/2022 | 3 BR | S$ 2.63 | 1,000-1,100 | S$ 2,800 |
06/2022 | 2 BR | S$ 4.94 | 800-900 | S$ 4,200 |
06/2022 | 3 BR | S$ 3.96 | 1,100-1,200 | S$ 4,600 |
06/2022 | 3 BR | S$ 2.63 | 1,000-1,100 | S$ 2,800 |
05/2022 | 1 BR | S$ 4.46 | 500-600 | S$ 2,450 |
Payment structure & financing options
Sale price
Mortgage calculation
on 2% interest rate
S$ 4,158
/month
Downpayment (25%)
S$ 375k
Loan amount (75%)
S$ 1.13m
Tenure (yrs)
5
35
Loan (%)
10
75
Interest (%)
0
5
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Location
Location of Palmera Residence
Taxi
Public Transport
Driving
Add locations your travel to frequently to calculate travel time
2 Transfers
S$ 1.46
1 Transfer
S$ 1.30
1 Transfer
S$ 1.39
Amenities nearby Palmera Residence
Schools | Distance |
|---|---|
Dynamic World Montessori | 4 mins (256 m) |
NAFA Arts Kindergarten | 5 mins (295 m) |
CHIJ (Katong) Primary | 5 mins (334 m) |
MRT Stations | Distance |
|---|---|
Marine Terrace | 7 mins (483 m) |
Marine Parade | 778 m |
Kembangan | 1.3 km |
Supermarkets | Distance |
|---|---|
Giant Express - Marine Terrace 56 | 628 m |
Giant Express - Marine Terrace | 640 m |
Market Place - Katong Market Place | 842 m |
Parks | Distance |
|---|---|
Telok Kurau Lorong N Park | 3 mins (189 m) |
MCV Our Kitchen Garden (Community Garden) | 646 m |
Telok Kurau Dog Run | 693 m |
Property Insights
Sale price trend overtime
1M
3M
6M
1Y
5Y
10Y
No data available
Rent price trend overtime
1M
3M
6M
1Y
5Y
10Y
Data Source: URA, Realis and 99.co
Powered by 99.co Researcher
The average rent is S$ 3.9 PSF over the past six months and S$ 4.23 PSF over the year. Recent rental deals include the latest at S$ 4,600, with the highest rent reaching S$ 5,000.
Nearby condo project comparison
Project | Tenure | TOP | MRT Distance | Price range (Sale) | Avg. Price (Sale) | Price range (Rent) | Avg. Price (Rent) | Rental Yield |
|---|---|---|---|---|---|---|---|---|
| Palmera Residence | Freehold | 2011 | TE 27  7 mins (486m)Marine Terrace MRT | 1,414.83 - 1,805.67 psf | 1,610.25 psf | 1,700 - 5,000 /mo | 3,167.47 /mo | - |
| Infini at East Coast | Freehold | 2022 | TE 27 6 mins (458m)Marine Terrace MRT | 2,345.21 - 2,363.88 psf | 2,354.54 psf | 4,500 - 4,600 /mo | 4,587.5 /mo | - |
| Vibes @ East Coast | Freehold | 2015 | TE 27 6 mins (449m)Marine Terrace MRT | 861.82 - 2,122.02 psf | 1,741.14 psf | 2,600 - 2,900 /mo | 2,780 /mo | 4.44% |
| Meridian 38 | Freehold | 2015 | TE 27 8 mins (581m)Marine Terrace MRT | 1,692.71 - 1,828.82 psf | 1,766.2 psf | 1,900 - 5,400 /mo | 2,883.33 /mo | 3% |
| Prestige Loft | Freehold | 2013 | TE 27 7 mins (545m)Marine Terrace MRT | 1,821.63 - 1,829.9 psf | 1,825.77 psf | 1,400 - 3,200 /mo | 2,099.13 /mo | - |
| East Treasure | Freehold | 2004 | TE 27 7 mins (527m)Marine Terrace MRT | 364.96 - 1,211.29 psf | 632.4 psf | 1,650 - 4,400 /mo | 2,918.33 /mo | - |
| Eton Court | Freehold | 2004 | TE 27 7 mins (524m)Marine Terrace MRT | 1,570.35 - 2,125.85 psf | 1,916.01 psf | 2,200 - 4,300 /mo | 3,070 /mo | - |
| Ebony Mansions | Freehold | 1995 | TE 27 8 mins (606m)Marine Terrace MRT | 1,726.43 - 1,992.03 psf | 1,859.23 psf | 1,000 - 7,000 /mo | 3,333.33 /mo | - |
| 384 East Coast Road | Freehold | - | TE 27 6 mins (412m)Marine Terrace MRT | 372 - 1,341 psf | 979.68 psf | - | - | - |
Project Review
Mulyono Kartodiputro
3 years agoGood
Micka
5 years agoOverall opinion is quite good as the residence is clean, new and located in a very nice area. However, the following points should deserve more attention: 1. Main gate constantly closing and opening (sometimes without any reason), with a horrible high-pitched noise. A real nightmare when your flat is is on this side of the road. This should be maintained and lubricated every month. 2. Dogs barking, sometimes up to crazy hours. It seems that some dog owners are too lazy to give them a good education in order to not annoying residents. 3. Smokers should not not be allowed to smoke on balconies, as it's a real nuisance when stinky cigarette smoke comes to your flat... 4. Swimming pool is next to the car park, so smells petrol when a car comes while you're swimming. Not the ideal. So far, no measure have been taken on the above.
FAQs
General FAQs
When did the Palmera Residence TOP?
Palmera Residence obtained its TOP (Temporary Occupation Permit) in 2011.
What is the address of Palmera Residence?
The address of Palmera Residence is 38 Lorong N Telok Kurau, Singapore.
What is the tenure for Palmera Residence?
The tenure of Palmera Residence is Freehold, starting from 2011. Upon expiration, the land reverts to the state unless the lease is renewed.
How many units are there in Palmera Residence?
Palmera Residence has a total of 38 residential units with numerous bedroom configurations to choose from.
How many blocks does Palmera Residence have?
Palmera Residence has a total of 1 blocks within the development.
What is the postal code of Palmera Residence?
The postal code of Palmera Residence is 425163.
Where to get floor plans for Palmera Residence?
You can find the floor plan layouts and unit configurations of Palmera Residence in the Floor Plan section above.
Where can I find the Palmera Residence Site Plan?
You can view the site plans and elevation charts for Palmera Residence in the Site Plan section above.
Located FAQs
What is the nearest MRT Station to Palmera Residence?
Palmera Residence is well-served by nearby MRT/LRT stations, such as Marine Terrace which is close to the development.
What are the schools nearby Palmera Residence?
Some of the nearest schools from Palmera Residence are Dynamic World Montessori, NAFA Arts Kindergarten and CHIJ (Katong) Primary, providing families with quality education close to home.
Where are the bus stops near Palmera Residence?
Several bus stops can be found near Palmera Residence, such as Katong Omega Apartment, Opposite Katong Omega Apartment and Opposite Tandeville which is located close to the development.
What condo facilities are available to residents of Palmera Residence?
Some facilities at Palmera Residence are available, such as BBQ, Clubhouse and Fitness Corner. Ensuring the lifestyle convenience of every resident.
Price FAQs
What is the rental price of Palmera Residence?
The average rent at Palmera Residence in the past 6 months is S$ 3.87K, depending on unit size and type.
What is the price range of units in Palmera Residence?
The price range of units for sale in Palmera Residence is S$ 2,100,000 ~ S$ 2,500,000. The prices depend on size, location within the development, and the overall demand in the new launch market.
What is the average PSF for Palmera Residence?
The current price per square foot (PSF) at Palmera Residence averages around S$ 1,415 psf ~ S$ 1,806 psf, depending on the unit type, floor, and view.
Investment & Finance FAQs
How much upfront cash/CPF do I need for a S$ 2,100,000 unit at Palmera Residence?
At a 75% LTV, the down-payment is S$ 525,000 (25%), of which at least S$ 105,000 (5%) must be in cash; the balance can come from CPF OA savings.
What property-tax rates apply if I rent out my unit at Palmera Residence?
Non-owner-occupied residential property at Palmera Residence is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.
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About the information on this page
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