Skip to content

Palm Gardens

Condominium · District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) · Outside Central Region · 99-year lease (69 yrs left) · Updated Apr 2026

Palm Gardens is a 99-year lease (69 yrs left) condominium development in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang). It has 134 recorded private transactions. Latest sale: $1,650,000 (Apr 2026, 133 sqm, floors 11-15). Median $1,004/sqft. Prices up 29.4% over the period. 69 years lease remaining.

Latest Sale
$1,650,000
Apr 2026 · 133 sqm
Median Price
$1,004/sqft
$1,250,000 typical unit
Transactions
134
$711–$1,257 psf
Price Trend
▲ 29.4%
~5.6% a year

Where Palm Gardens ranks in District 23

All 73 projects ›
Median psf
Top 88%
#64 / 73 Top 88%
Typical unit price
Top 70%
#51 / 73 Top 70%
Most recent sale
Top 52%
#38 / 73 Top 52%
Price growth
Top 19%
#13 / 68 Top 19%

Median psf over time

Estimate a unit at Palm Gardens

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.6%/yr
Lease decay −0.36%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

69 yrs
Remaining lease
0.36%
Annual decay (Bala's Table)
1996
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.36% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,004 35
06-10 $992 39
11-15 $1,039 48
16-20 $1,042 12

Recent transactions

DateFloorType AreaPricepsf
Apr 2026 11-15 Resale 133 sqm $1,650,000 $1,153
Apr 2026 01-05 Resale 89 sqm $995,000 $1,039
Mar 2026 06-10 Resale 113 sqm $1,292,000 $1,062
Feb 2026 06-10 Resale 89 sqm $1,010,000 $1,054
Jan 2026 06-10 Resale 112 sqm $1,280,000 $1,062
Dec 2025 01-05 Resale 112 sqm $1,300,000 $1,078
Dec 2025 01-05 Resale 133 sqm $1,580,000 $1,104
Nov 2025 11-15 Resale 112 sqm $1,280,000 $1,062
Nov 2025 01-05 Resale 91 sqm $978,000 $998
Nov 2025 06-10 Resale 113 sqm $1,238,000 $1,018
Nov 2025 01-05 Resale 112 sqm $1,100,000 $912
Oct 2025 11-15 Resale 113 sqm $1,275,000 $1,048
Oct 2025 06-10 Resale 113 sqm $1,270,000 $1,044
Sep 2025 11-15 Resale 112 sqm $1,321,888 $1,096
Aug 2025 16-20 Resale 112 sqm $1,310,000 $1,087
Aug 2025 01-05 Resale 112 sqm $1,315,000 $1,091
Jul 2025 06-10 Resale 133 sqm $1,800,000 $1,257
Jul 2025 11-15 Resale 133 sqm $1,600,000 $1,118
Jul 2025 11-15 Resale 112 sqm $1,338,000 $1,110
Jul 2025 11-15 Resale 133 sqm $1,570,000 $1,097
Jun 2025 06-10 Resale 125 sqm $1,408,888 $1,047
Jun 2025 06-10 Resale 112 sqm $1,250,000 $1,037
Jun 2025 16-20 Resale 112 sqm $1,322,800 $1,097
Apr 2025 11-15 Resale 112 sqm $1,280,000 $1,062
Apr 2025 01-05 Resale 125 sqm $1,430,000 $1,063
Showing 25 of 134 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Palm Gardens is inside the 1 km Primary 1 priority zone for 3 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Palm Gardens, with their median resale psf. Useful for comparing what Palm Gardens costs per square foot against nearby developments.

More condos in District 23
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Palm Gardens

Palm Gardens is a 99-year leasehold condominium development in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), its lease commencing in 1996 and about 69 years remaining, so lease decay is a real factor in its pricing. Its $1,004 psf median sits about 28% below the District 23 median, cheaper than about 86% of projects there. It has a busy transaction history, with 134 sales between 2021-07 and 2026-04, ranging from $785,000 to $1,888,888. The most recent transaction was a 133 sqm unit (floors 11-15) at $1,650,000 in Apr 2026, and the median is $1,004 psf. Over the data window, prices here are up about 29.4% (about 5.6% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Palm Gardens cost?

The most recent transaction at Palm Gardens was $1,650,000 for a 133 sqm unit in 2026-04. The median price is $1,004 per square foot across 134 transactions, ranging from $785,000 to $1,888,888. Data sourced from URA.

Is Palm Gardens freehold or leasehold?

Palm Gardens is on a 99-year lease commencing in 1996, with approximately 69 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.36%.

What is the price per square foot (psf) at Palm Gardens?

The median price at Palm Gardens is $1,004 psf, with transactions ranging from $711 to $1,257 psf. This is based on 134 URA-recorded transactions in District 23.

Have prices at Palm Gardens gone up or down?

Prices at Palm Gardens have increased by approximately 29.4% over the data period (around 5.6% a year). The median price is currently $1,004 psf, with the most recent sale at $1,650,000 in 2026-04.