Palm Gardens
Palm Gardens is a condominium in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,062 psf from 21 sales.
At a glance
- District
- District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
- Region
- Outside Central Region
- Type
- Condominium
- Tenure
- 99-year lease from 1996, about 69 years left
- Completed
- 2000, about 26 years old
What the prices say
The median home in Palm Gardens sold for S$1,275,000: the middle of 21 sales in the 12 months to August 2026.
That is well below the middle condo project in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), which sold at S$1,526 psf across 66 projects: about 30% lower. By price per square foot it ranks 43rd of the 48 projects in the district that have a price to show, where 1st is the highest.
Year by year, the median was S$773 psf in 2021 (42 sales) and S$1,062 psf in 2026 so far (12 sales), up about 37%. The highest year in the record was 2025 at S$1,063 psf.
Higher floors sold for more here: floors 11 to 15 at S$1,077 psf against S$1,044 psf on floors 1 to 5, about 3% more per square foot (24 months).
By unit size (24 months): 900 to 1,199 sq ft at S$1,045 psf and 1,200 to 1,499 sq ft at S$1,063 psf. Price per square foot was similar across sizes.
Against similar projects in the district
This project and the three others in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) whose median over the last 12 months is closest to Palm Gardens' S$1,062 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.
Their middle figure is S$1,059 psf, the same as Palm Gardens.
| Project | Median price per sq ft | Sales |
|---|---|---|
| Palm Gardens | S$1,062 psf | 21 |
| Yew Mei Green | S$1,059 psf | 16 |
| Windermere | S$1,069 psf | 6 |
| Regent Heights | S$1,054 psf | 20 |
What sells here
21 homes sold in the last 12 months, down from 27 in the 12 months before.
The most common size was 1,200 to 1,499 sq ft, with 41 of the 48 sales in the last 24 months, well over half.
None of the 48 sales in the last 24 months were first sales of new units: all 48 were resales.
The first new sale in our records was in March 1997.
Rents and yield
Rental contracts that began in the 12 months to August 2026 had a median rent of S$3,850 a month (38 contracts). That is about the same as the district's S$3,800, within 2%.
Over the 24 months the median rent was S$3,800 (91 contracts), about the same as the latest 12 months, within 2%.
By bedrooms: 2 bedrooms S$3,150 (7), 3 bedrooms S$3,900 (25) and 4 or more bedrooms S$4,475 (6). The figure in brackets is the number of contracts.
Setting rent against price for 1,200 to 1,499 sq ft homes (30 rentals and 15 resale or sub-sale transactions) gives a gross yield estimate of 3.6%: a median rent of S$3,900 a month against a median price of S$1,292,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.
Across 2 size ranges the estimate runs from 3.6% to 3.8%.
900 to 1,199 sq ft: 3.8% (rent S$3,150 a month, price S$1,001,250).
Age and lease
20 other projects in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) were completed within 5 years of Palm Gardens and have a price. Their middle price was S$1,189 psf, so Palm Gardens sold noticeably below projects of a similar age: about 11% lower.
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in Palm Gardens. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in Palm Gardens?
S$1,062 psf in the 12 months to August 2026, from 21 sales. For the median home that is S$1,275,000.
How many homes sold in Palm Gardens?
21 in the last 12 months and 48 in the last 24 months, across all sale types.
What do homes in Palm Gardens rent for?
The median rent for contracts that began in the 12 months to August 2026 was S$3,850 a month, from 38 contracts.
What is the rental yield in Palm Gardens?
Between 3.6% and 3.8% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.
How much lease is left in Palm Gardens?
It is a 99-year lease from 1996, which leaves about 69 years at 2026.
Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$1,062 psf | S$1,275,000 | 21 |
| Last 24 months | S$1,062 psf | S$1,286,000 | 48 |
| Last 5 years | S$1,026 psf | S$1,255,000 | 131 |
Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2021 | S$773 psf | 42 |
| 2022 | S$888 psf | 31 |
| 2023 | S$1,011 psf | 23 |
| 2024 | S$1,059 psf | 25 |
| 2025 | S$1,063 psf | 28 |
| 2026 (to August) | S$1,062 psf | 12 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$1,044 psf | 13 |
| Floors 6 to 10 | S$1,051 psf | 14 |
| Floors 11 to 15 | S$1,077 psf | 18 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| 900 to 1,199 sq ft | S$1,045 psf | 6 |
| 1,200 to 1,499 sq ft | S$1,063 psf | 41 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Rent against price for Palm Gardens, by size
Rents
| Period | Median rent | Contracts |
|---|---|---|
| Last 12 months | S$3,850 a month | 38 |
| Last 24 months | S$3,800 a month | 91 |
| Bedrooms | Median rent, 12 months | Contracts | Median rent, 24 months |
|---|---|---|---|
| 1 bedroom | Under 5 contracts | 0 | Under 5 contracts |
| 2 bedrooms | S$3,150 a month | 7 | S$3,200 a month |
| 3 bedrooms | S$3,900 a month | 25 | S$3,800 a month |
| 4 or more bedrooms | S$4,475 a month | 6 | S$4,250 a month |
Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
- Rents for every district, by size
- Rent against price for Palm Gardens, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in Palm Gardens, with a likely range and the recent sales behind it. Sign in is free.
Open Palm Gardens in Condo AtlasOther condos in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
- Park Natura
- Parkview Apartments
- Phoenix Residences
- Regent Grove
- Regent Heights
- Sol Acres
- The Amston
- The Arden
- The Botany at Dairy Farm
- The Dairy Farm
- The Dew
- The Hillier
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.