Palmwoods
Palmwoods is a 99-year lease (69 yrs left) condominium development in District 16 (Bedok / Upper East Coast / Siglap). It has 18 recorded private transactions. Latest sale: $1,640,000 (May 2026, 120 sqm, floors 01-05). Median $961/sqft. Prices up 34% over the period. 69 years lease remaining.
Where Palmwoods ranks in District 16
All 61 projects ›Median psf over time
Estimate a unit at Palmwoods
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
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.
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| May 2026 | 01-05 | Resale | 120 sqm | $1,640,000 | $1,270 |
| Dec 2025 | 01-05 | Resale | 79 sqm | $1,080,000 | $1,270 |
| Sep 2025 | 01-05 | Resale | 125 sqm | $1,680,000 | $1,249 |
| Jul 2025 | 01-05 | Resale | 110 sqm | $1,450,000 | $1,225 |
| May 2024 | 01-05 | Resale | 120 sqm | $1,420,000 | $1,099 |
| Jul 2023 | 01-05 | Resale | 203 sqm | $1,820,000 | $833 |
| Apr 2023 | 01-05 | Resale | 109 sqm | $1,180,000 | $1,006 |
| Feb 2023 | 01-05 | Resale | 106 sqm | $1,200,000 | $1,052 |
| Sep 2022 | 01-05 | Resale | 125 sqm | $1,295,000 | $962 |
| Mar 2022 | 01-05 | Resale | 81 sqm | $838,000 | $961 |
| Mar 2022 | 01-05 | Resale | 81 sqm | $838,000 | $961 |
| Feb 2022 | 01-05 | Resale | 87 sqm | $880,000 | $940 |
| Feb 2022 | 01-05 | Resale | 120 sqm | $1,220,000 | $945 |
| Dec 2021 | 01-05 | Resale | 113 sqm | $1,105,000 | $908 |
| Sep 2021 | 01-05 | Resale | 93 sqm | $920,000 | $919 |
| Sep 2021 | 01-05 | Resale | 102 sqm | $1,038,000 | $945 |
| Aug 2021 | 01-05 | Resale | 118 sqm | $1,128,880 | $889 |
| Jul 2021 | 01-05 | Resale | 163 sqm | $1,600,000 | $912 |
Palmwoods is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Private condos and apartments closest to Palmwoods, with their median resale psf. Useful for comparing what Palmwoods costs per square foot against nearby developments.
About Palmwoods
Palmwoods in District 16 (Bedok / Upper East Coast / Siglap) is a 99-year leasehold condominium development with roughly 69 years of lease left, which makes remaining lease a meaningful price driver here. Its $961 psf median sits about 32% below the District 16 median, cheaper than about 95% of projects there. It has a relatively light transaction record, with 18 sales between 2021-07 and 2026-05, ranging from $838,000 to $1,820,000. The most recent transaction was a 120 sqm unit (floors 01-05) at $1,640,000 in May 2026, and the median is $961 psf. Over the data window, prices here are up about 34% (about 6.2% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Palmwoods cost?
The most recent transaction at Palmwoods was $1,640,000 for a 120 sqm unit in 2026-05. The median price is $961 per square foot across 18 transactions, ranging from $838,000 to $1,820,000. Data sourced from URA.
Is Palmwoods freehold or leasehold?
Palmwoods 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 Palmwoods?
The median price at Palmwoods is $961 psf, with transactions ranging from $833 to $1,270 psf. This is based on 18 URA-recorded transactions in District 16.
Have prices at Palmwoods gone up or down?
Prices at Palmwoods have increased by approximately 34% over the data period (around 6.2% a year). The median price is currently $961 psf, with the most recent sale at $1,640,000 in 2026-05.