Most Singapore homeowners would have heard the saying that property is a hedge against inflation. It sounds straightforward: when the cost of everything goes up, property prices should go up too. There is some truth to this, but the actual relationship is much more interesting. Inflation can support property values over the long term because […]
Property Project Intelligence
PALM GROVE TERRACE
FLOWER ROAD
600 mKOVAN MRT STATION
$4.75MMedian transacted price
1Transactions in latest 12 months
1,501–2,000 sqftMost popular unit size
PALM GROVE TERRACE Market Snapshot
At Peak
At 12-Month High
Peak: Sep 2026Based on latest 12 months
At Low
At 12-Month Low
Low: Sep 2026Based on latest 12 months
▲ +75.5%
Vs District Median PSF
Above District 19 medianBased on latest 12 months
▲ +76.3%
Vs OCR Median PSF
Above OCR medianBased on latest 12 months
—
12M Turnover Rate
Total units unavailable
Latest 12-month sales
1
Up to latest imported transaction
Median transacted price
$4.75M
Latest 12 months
Median PSF
$2,738
Latest 12 months
Typical recorded price range
$4.75M – $4.75M
20th to 80th percentile
Latest transacted price
$4.75M
1,735 sqft · 1 Sep 2026
Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 6 Oct 2026
PALM GROVE TERRACE Market Trends
Average Price & Transaction Trend
Monthly average transacted price and sales volume from the first available record since 2017.
Average PriceTransactions
Available history: Feb 2022 to Sep 2026
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 6 Oct 2026
Transaction Breakdown (Last 12 Months)
Based on completed transactions from Oct 2025 to Sep 2026.
Most popular unit size1,501–2,000 sqft
Median Sold Size1,735 sqft
Unit Size Distribution
Only size ranges with recorded transactions are shown.
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 6 Oct 2026
Recent Transactions by Unit Size
1501 – 2000 sqft Average Price Trend
1501 – 2000 sqft Transaction Volume
1501 – 2000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 1 | $4.75M | $4.75M | $4.75M | $2,738 |
1501 – 2000 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2026-09 | Terrace House | — | 1,735 sqft | $2,738 | $4.75M |
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 6 Oct 2026
PALM GROVE TERRACE Location & Nearby Amenities
Explore PALM GROVE TERRACE and nearby amenities. Distances shown are straight-line estimates from the property.
Master Plan 2025 (approved amendments incorporated)
Please click on the zoning type for a description of the use
Railway
Planning Area Boundary
Plot Ratio Boundary
Underground Road / Structure
Maximum Permissible Plot Ratio
Maximum Permissible White Quantum
Minimum Business (B) Plot Ratio
Conservation Area
Nature Reserve
National Park
Monument
PALM GROVE TERRACE Nearby Amenities
Closest amenities from PALM GROVE TERRACE. Distances are straight-line estimates.
MRT / LRT
- KOVAN MRT STATION600 mNE13North East Line
- SERANGOON MRT STATION1.3 kmCC13Circle Line
- SERANGOON MRT STATION1.4 kmNE12North East Line
Bus Interchanges
- Serangoon Bus Interchange1.4 kmS'goon Ave 2
- Hougang Central Bus Interchange1.8 kmHougang Ctrl
- Woodleigh Bus Interchange2.4 kmBidadari Pk Dr
- Buangkok Bus Interchange2.9 kmSengkang Ctrl
Shopping Malls
- Heartland Mall640 mHougang Street 21
- Upper Serangoon Shopping Centre760 mUpper Serangoon Road
- NEX1.4 kmSerangoon Central
- myVillage1.7 kmMaju Avenue
Primary Schools
- ZHONGHUA PRIMARY SCHOOL1.1 kmSERANGOON AVENUE 4
- XINGHUA PRIMARY SCHOOL1.2 kmHOUGANG AVENUE 1
- XINMIN PRIMARY SCHOOL1.3 kmHOUGANG AVENUE 8
- PAYA LEBAR METHODIST GIRLS' SCHOOL (PRIMARY)1.3 kmLORONG AH SOO
- ROSYTH SCHOOL1.5 kmSERANGOON NORTH AVENUE 4
Secondary Schools
- PEICAI SECONDARY SCHOOL1.1 kmSERANGOON AVENUE 4
- BOWEN SECONDARY SCHOOL1.1 kmLORONG NAPIRI
- PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY)1.2 kmLOR AH SOO
- YUYING SECONDARY SCHOOL1.2 kmHOUGANG AVENUE 1
Post-Secondary
- NANYANG JUNIOR COLLEGE1.8 kmSERANGOON AVENUE 3
- ITE COLLEGE CENTRAL3.2 kmANG MO KIO DRIVE
- ST. ANDREW'S JUNIOR COLLEGE3.6 kmSORBY ADAMS DRIVE
MOE Kindergartens
- MOE KINDERGARTEN @ YANGZHENG1.8 kmSERANGOON AVENUE 3
- MOE KINDERGARTEN @ HOUGANG2.0 kmHOUGANG STREET 93
Childcare Centres
- CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED170 mFLOWER ROAD
- Marist Preschool Pte Ltd280 mFLOWER ROAD
- Little Seeds Preschool330 mUPPER SERANGOON ROAD
- CHERIE HEARTS @ CHARLTON PTE LTD500 mCHARLTON LANE
Infant Care Centres
- PCF Sparkletots Preschool @ Potong Pasir Blk 101 (EY)2.8 kmBIDADARI PARK DRIVE
- PCF Sparkletots Preschool @ Sengkang Central Blk 277B (EY)3.0 kmCOMPASSVALE LINK
Kindergartens
- Catholic Kindergarten280 mFLOWER ROAD
- Little Sprouts Montessori630 mKOVAN ROAD
- Paya Lebar Methodist Church Covenant Kindergarten970 mBOUNDARY ROAD
- PCF Sparkletots Preschool @ Serangoon Blk 226 (KN)1.0 kmSERANGOON AVENUE 4
Hawker Centres
- Hougang Street 21 Blk 209 (Kovan Hougang Market and Food Centre)740 mHougang Street 21
- Hougang Ave 1 Blk 105 (Hougang 105 Hainanese Village Centre)1.4 kmHougang Ave 1
- Serangoon Garden Market1.5 kmSerangoon Garden Way
Supermarkets
- FairPrice610 mHougang Street 21
- Cold Storage620 mHougang Street 21
- S-Power Mini Supermarket660 mYio Chu Kang Road
- Prime Supermarket950 mHougang Street 11
Wet Markets
- Serangoon Central Village1.3 kmSerangoon Avenue 3
Hospitals
- INSTITUTE OF MENTAL HEALTH / WOODBRIDGE HOSPITAL2.5 kmBUANGKOK VIEW
- SENGKANG GENERAL HOSPITAL4.1 kmSENGKANG EAST WAY
Polyclinics
- Serangoon Polyclinic1.2 kmUpper Serangoon Road
- Hougang Polyclinic1.5 kmHougang Avenue 4
Parks
- RICHARDS AVE PK300 m
- PARRY AVE INTERIM PK430 m
- PARRY RD PG660 m
Libraries
- Serangoon Library1.3 kmSerangoon Central
- Cheng San Library2.1 kmHougang Avenue 10
Community Clubs
- Paya Lebar Kovan CC (Pending U/C)790 mHougang Street 21
- The Serangoon CC1.2 kmSerangoon North Avenue 2
Sport Facilities
- Serangoon Sport Centre660 mYio Chu Kang Road
- ActiveSG Gym@Serangoon Central1.2 kmSerangoon Central
- Hougang Sport Centre1.5 kmHougang Avenue 4
Featured Listings
Properties currently available through Homy, with priority given to listings in PALM GROVE TERRACE.
SELL WITH HOMY
List your PALM GROVE TERRACE here.
This slot has been reserved for your property.
WhatsApp Usto List Your Property Here
For Sale 1 / 16 Condo D27
Skies Miltonia, New 3-Storey Penthouses for Sale
$2,600,000
MILTONIA CLOSE99 YearsBuilt 2016
- 3 Bed
- 4 Bath
- 2,562 ft²
- $1,015 psf
For Sale 1 / 21 Condo D6
EDEN RESIDENCES CAPITOL – Luxury 3 Bedroom Developer sale
$11,980,000
STAMFORD ROAD99 YearsBuilt 2015
- 3 Bed
- 5 Bath
- 3,003 ft²
- $3,989 psf
For Sale 1 / 29 Condo D1
V on Shenton Luxury Penthouse for Sale
$18,800,000
SHENTON WAY99 Years
- 4 Bed
- 7 Bath
- 6,200 ft²
- $3,032 psf
For Sale 1 / 9 Landed D28
Belgravia Ace, Brand New Freehold Semi-D for Sale
$5,300,000
BELGRAVIA DRIVEFreeholdBuilt 2028
- 5 Bed
- 4 Bath
- 4,370 ft²
- $1,213 psf
PALM GROVE TERRACE Market Position & Nearby Transactions
How PALM GROVE TERRACE compares with District 19 projects and transactions recorded within 1 km over the latest 12 months.
Project Median PSF$2,7381 project sales
District 19 Median PSF$1,561Median across district projects with recorded sales
Difference vs District+75.5%Above district median
Transactions Within 1 km17Recorded in the latest 12 months
Position Within District 19
PALM GROVE TERRACE is more affordable than 2% of District 19 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
204of 208 District 19 projects with recorded sales
District reference range$1,091 – $2,161 psf
Comparable Condos Within 1 km
Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.
| Project | Distance | TOP / Age | Units | 12M Sales | PSF (M) |
|---|---|---|---|---|---|
| PALM GROVE | 121 m | 200224 yrs old | — | 0 | — |
| PALM GROVE CONDOMINIUM | 150 m | — | — | 4 | $1,477 |
| TREASURE GARDENS | 151 m | 200521 yrs old | — | 0 | — |
| GLASGOW RESIDENCE | 164 m | 201313 yrs old | 31 | 2 | $1,483 |
| ISUITES @ PALM | 164 m | 201313 yrs old | 64 | 2 | $1,342 |
| 3 @ SANDILANDS | 181 m | 201115 yrs old | 20 | 0 | — |
| PALM HAVEN | 204 m | 200323 yrs old | — | 2 | $1,461 |
| JANSEN SPRING | 239 m | 200125 yrs old | — | 0 | — |
| TREASURE MANSIONS | 244 m | 200620 yrs old | — | 0 | — |
| 21 RICHARDS | 254 m | 201412 yrs old | 31 | 1 | $1,532 |
| BREEZY MANSIONS | 259 m | 200422 yrs old | — | 0 | — |
| ROSYTH RESIDENCE | 281 m | 200719 yrs old | 16 | 1 | $1,268 |
| HIGHLAND CONDOMINIUM | 287 m | — | — | 0 | — |
| 57 @ KOVAN | 290 m | 201313 yrs old | 10 | 0 | — |
| KOVAN COURT | 290 m | — | — | 0 | — |
| KOVAN PRIMERA | 290 m | 200521 yrs old | — | 0 | — |
| THE BENTLEY RESIDENCES @ KOVAN | 290 m | 20188 yrs old | 48 | 0 | — |
| VIBES @ KOVAN | 290 m | 201412 yrs old | 36 | 2 | $1,699 |
| JANSEN 28 | 292 m | 200026 yrs old | — | 1 | $1,289 |
| THE BENTLY RESIDENCES@KOVAN | 295 m | 20179 yrs old | 48 | 2 | $1,293 |
Nearby Transactions by Unit Size
Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.
<500 sqft Nearby Average Price Trend
<500 sqft Nearby Transaction Volume
<500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 1 | $650K | $650K | $650K | $1,725 |
| 2026-04 | 1 | $610K | $610K | $610K | $1,491 |
| 2025-11 | 1 | $630K | $630K | $630K | $1,672 |
| 2025-10 | 1 | $635K | $635K | $635K | $1,475 |
<500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| GLASGOW RESIDENCE | Apt | 31 | 2 | $622.5K | $1,483 |
| VIBES @ KOVAN | Apt | 36 | 2 | $640K | $1,699 |
500–780 sqft Nearby Average Price Trend
500–780 sqft Nearby Transaction Volume
500–780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-05 | 1 | $890K | $890K | $890K | $1,401 |
| 2025-10 | 1 | $950K | $950K | $950K | $1,401 |
500–780 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| ISUITES @ PALM | Apt | 64 | 1 | $890K | $1,401 |
| PALM GROVE CONDOMINIUM | Condo | — | 1 | $950K | $1,401 |
1,001–1,200 sqft Nearby Average Price Trend
1,001–1,200 sqft Nearby Transaction Volume
1,001–1,200 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 1 | $1.6M | $1.6M | $1.6M | $1,532 |
| 2026-01 | 1 | $1.58M | $1.58M | $1.58M | $1,439 |
1,001–1,200 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| 21 RICHARDS | Apt | 31 | 1 | $1.6M | $1,532 |
| PALM HAVEN | Condo | — | 1 | $1.58M | $1,439 |
1,201–1,500 sqft Nearby Average Price Trend
1,201–1,500 sqft Nearby Transaction Volume
1,201–1,500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-06 | 1 | $1.99M | $1.99M | $1.99M | $1,526 |
| 2026-04 | 1 | $1.82M | $1.82M | $1.82M | $1,483 |
| 2026-03 | 1 | $1.57M | $1.57M | $1.57M | $1,289 |
| 2026-02 | 1 | $2.2M | $2.2M | $2.2M | $1,560 |
| 2026-01 | 1 | $1.56M | $1.56M | $1.56M | $1,283 |
1,201–1,500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| PALM GROVE CONDOMINIUM | Condo | — | 2 | $2.09M | $1,543 |
| ISUITES @ PALM | Apt | 64 | 1 | $1.56M | $1,283 |
| JANSEN 28 | Apt | — | 1 | $1.57M | $1,289 |
| PALM HAVEN | Condo | — | 1 | $1.82M | $1,483 |
1,501–2,000 sqft Nearby Average Price Trend
1,501–2,000 sqft Nearby Transaction Volume
1,501–2,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-05 | 1 | $2.16M | $2.16M | $2.16M | $1,295 |
| 2025-12 | 1 | $2.75M | $2.75M | $2.75M | $1,427 |
| 2025-10 | 1 | $2.43M | $2.43M | $2.43M | $1,268 |
1,501–2,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| PALM GROVE CONDOMINIUM | Condo | — | 1 | $2.75M | $1,427 |
| ROSYTH RESIDENCE | Apt | 16 | 1 | $2.43M | $1,268 |
| THE BENTLY RESIDENCES@KOVAN | Apt | 48 | 1 | $2.16M | $1,295 |
2,001–3,000 sqft Nearby Average Price Trend
2,001–3,000 sqft Nearby Transaction Volume
2,001–3,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-04 | 1 | $2.78M | $2.78M | $2.78M | $1,291 |
2,001–3,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| THE BENTLY RESIDENCES@KOVAN | Apt | 48 | 1 | $2.78M | $1,291 |
Market Interpretation
PALM GROVE TERRACE recorded only 1 transaction during the latest 12 months. Price movements should therefore be interpreted cautiously because individual sales can materially affect the headline figures.
Its median PSF is approximately 75.5% above the District 19 project median, indicating a premium relative to the wider district market.
Within 1 km, 20 nearby condominiums were identified; 9 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.
This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.PALM GROVE TERRACE Project Details
Property type
Landed
District
District 19 - Hougang / Punggol / Sengkang
Market segment
Outside Central Region
Tenure
999 yrs lease commencing from 1878
About PALM GROVE TERRACE
PALM GROVE TERRACE is a landed residential development in Singapore District 19 with 999 yrs lease commencing from 1878. It recorded 1 transactions during the latest 12-month period in the database, with a median transacted price of $4.75M and a median of $2,738 psf. The most frequently transacted size range is 1,501–2,000 sqft, representing 100.0% of transactions with recorded floor area. KOVAN MRT STATION is approximately 600 m away by straight-line distance.
Get Property AdviceDisclaimer: The information, charts, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.
Curious What Your Property Could Be Worth Today?
Recent nearby transactions ● Current competing listings ● Estimated selling range ● No obligation discussion
How Does Your Property Compare?
The charts and transaction records provide a useful market overview, but your property's achievable selling price depends on the specific qualities of your unit and the buyers currently looking in your development.
Even within the same condominium, prices can vary significantly according to stack, floor level, facing, view, floor area, renovation condition, tenancy status and competing listings.
A personalised condo or private-property market assessment can help you understand:
✓ A realistic estimated selling-price range
✓ The most relevant recent comparable transactions
✓ Current competing listings and buyer alternatives
✓ Your unit's strongest selling points and positioning strategy
✓ Estimated sale proceeds and options for your next property
✓ A practical marketing and timeline plan with no obligation
Send me your development name, unit size and floor range for a preliminary assessment.
How Interest Rates Affect Property Prices — Buy When Rates Are High or Low?
When buying a home, most people naturally prefer a low interest rate. After all, a lower mortgage rate means a smaller monthly instalment and less interest paid to the bank. So it seems logical that when home loan rates are low, it must be a good time to buy property. But is it really that […]
HDB Housing Grants & Eligibility Schemes Guide 2026
Buying an HDB flat is not just about choosing a property. Your eligibility, grant amount, and purchasing options depend largely on the scheme under which you are buying. Many buyers are familiar with grants such as the Enhanced CPF Housing Grant (EHG), Family Grant, and Proximity Housing Grant (PHG). However, fewer realise that these grants […]
Asset Progression In Singapore: Build Wealth Through Property Ownership
For many Singaporeans, buying a property is one of the largest financial commitments they will ever make. Traditionally, property ownership was viewed primarily as a necessity. People bought a home, raised their families, and stayed there for many years. The focus was largely on having a roof over one’s head rather than viewing the property […]
Sustainable Living in an Unpredictable World: Why Some Families Are Choosing Less
The Old Promise That No Longer Holds Not too long ago, life felt like a straightforward climb. You worked hard, upgraded your home every few years, sent your kids for extra classes, and assumed that financial security would naturally follow. That was the unspoken contract many of us grew up believing in. But lately, something […]
What Really Makes a Property Hard to Sell in Singapore
It’s a belief many homeowners cling to: A good location cures all. If the MRT station is close, the mall is downstairs, and the school is around the corner, the property will sell itself. But in Singapore’s increasingly discerning resale market, that logic is dangerously incomplete. Walk into any HDB block or condo tower, and […]
Open Listing vs Exclusive: Why Most Sellers Get This Wrong
“More Agents = More Buyers”… Sounds Right, But Isn’t When selling a property, most owners fall into the same logical trap. They think: “If one agent can bring buyers, then five agents should bring more.” On the surface, this makes perfect sense. You want maximum exposure. You want your property in front of as many […]
The High Cost of “Wait and See” Pricing When Selling Your Property
There is a psychological phenomenon in real estate known as the Price-Time Paradox. It begins with a simple, seemingly harmless phrase: “Let’s just test the market.” or “Let’s just price higher for a start.” On the surface, it feels like a low-risk experiment. In reality, it is often the start of a silent financial leak. […]
Whatsapp
Questions About The Market?
Scan the QR code to reach us via WhatsApp or WeChat if you have questions about HDB prices, market trends, upgrading options or your property’s value.
Wechat