Palm Gardens
Palm Gardens is a 99-year lease (69 yrs left) condominium development in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang). It has 135 recorded private transactions. Latest sale: $995,000 (Apr 2026, 89 sqm, floors 01-05). Median $1,004/sqft. Prices up 29.7% over the period. 69 years lease remaining.
Where Palm Gardens ranks in District 23
All 73 projects ›Median psf over time
Estimate a unit at Palm Gardens
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.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,004 | 35 |
| 06-10 | $992 | 39 |
| 11-15 | $1,037 | 49 |
| 16-20 | $1,042 | 12 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Apr 2026 | 01-05 | Resale | 89 sqm | $995,000 | $1,039 |
| Apr 2026 | 11-15 | Resale | 133 sqm | $1,650,000 | $1,153 |
| 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 | 133 sqm | $1,580,000 | $1,104 |
| Dec 2025 | 01-05 | Resale | 112 sqm | $1,300,000 | $1,078 |
| Nov 2025 | 11-15 | Resale | 112 sqm | $1,280,000 | $1,062 |
| Nov 2025 | 01-05 | Resale | 91 sqm | $978,000 | $998 |
| Nov 2025 | 01-05 | Resale | 112 sqm | $1,100,000 | $912 |
| Nov 2025 | 06-10 | Resale | 113 sqm | $1,238,000 | $1,018 |
| 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 |
About Palm Gardens
Palm Gardens is a 99-year leasehold development with its lease commencing in 1996 and about 69 years remaining in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 135 recorded transactions between 2021-06 and 2026-04, ranging from $785,000 to $1,888,888. The most recent transaction was a 89 sqm unit (floors 01-05) sold for $995,000 in 2026-04, and the median price is $1,004 per square foot. Prices here have risen sharply, by about 29.7% over the period (around 5.5% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 69 years remaining is 0.9069, an annual lease decay of about 0.36%. 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 $995,000 for a 89 sqm unit in 2026-04. The median price is $1,004 per square foot across 135 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 135 URA-recorded transactions in District 23.
Have prices at Palm Gardens gone up or down?
Prices at Palm Gardens have increased by approximately 29.7% over the data period (around 5.5% a year). The median price is currently $1,004 psf, with the most recent sale at $995,000 in 2026-04.