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 |
About Palmwoods
Palmwoods is a 99-year leasehold development with its lease commencing in 1996 and about 69 years remaining in District 16 (Bedok / Upper East Coast / Siglap), within the Outside Central Region of Singapore. It has a thinner transaction history, with 18 recorded condominium transactions 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) sold for $1,640,000 in 2026-05, and the median price is $961 per square foot. Prices here have risen sharply, by about 34% over the period (around 6.2% 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 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.