PropHerald

PALMERA RESIDENCE

LORONG N TELOK KURAU

Private development

At a glance

Tenure

Freehold

Median psf (12 mo)

S$1,533

Plot ratio

1.4 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP20031.4RESIDENTIAL
MP20081.4RESIDENTIAL
MP20141.4RESIDENTIAL
MP20191.4RESIDENTIAL
MP20251.4RESIDENTIAL

Location

Blocks in this development

38 Lorong N Telok Kurau

Transactions

3 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Apr 2024Apartment01-05 173S$2,450,000 1316Resale
Mar 2024Apartment01-05 82S$1,650,000 1869Resale
May 2023Apartment01-05 120S$1,980,000 1533Resale
Dec 2022Apartment01-05 180S$2,098,000 1083Resale
Sep 2022Apartment01-05 108S$1,600,000 1376Resale
Jul 2022Apartment01-05 51S$828,000 1508Resale
Jan 2022Apartment01-05 108S$1,460,000 1256Resale
Aug 2021Apartment01-05 183S$2,058,000 1045Resale

Price trend

S$1,000S$1,300S$1,60020212024— median— average S$ psf2021 · S$1,045 average psf · 1 sales2022 · S$1,306 average psf · 4 sales2023 · S$1,533 average psf · 1 sales2024 · S$1,593 average psf · 2 sales2021 · S$1,045 median psf · 1 sales2022 · S$1,316 median psf · 4 sales2023 · S$1,533 median psf · 1 sales2024 · S$1,593 median psf · 2 salesS$1,593

This project trades ≈ 35% below the District 15 12-month median (S$ psf).

Median S$ psf is up ≈ 11% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment3 S$1,980,0001533

Median price by year

YearSalesMedian price
20242S$2,050,000
20231S$1,980,000
20224S$1,530,000
20211S$2,058,000