Projects
PALM GROVE TERRACE
D19 / Serangoon Garden, Hougang, Punggol
Address 22N FLOWER ROAD PALM GROVE TERRACE SINGAPORE 549461
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Terrace House 11 transactions 999-year leasehold from 1878 Updated Apr 2025
Property image pending
Project read
Quick summary about PALM GROVE TERRACE
Palm Grove Terrace is a 999-year leasehold from 1878 terrace house in D19 / Serangoon Garden, Hougang, Punggol. Palm Grove Terrace currently has 3 rental contracts and 8 sale transactions, covering Jan 2022 to Apr 2025.
- Typical rent is $3,500 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $3,910,000, with median sale PSF at $2,199 psf and total recorded sale value of $31.2M.
- Rent is flat over the last 3 months. Sale PSF is up 10.2% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1878
Property type Terrace House
Sale records 8 resale transactions
Total sold value $31.2M
Data coverage
URA records on this page start Jan 2022 and run through Apr 2025.
Rental contracts 3 May 2022 to Apr 2025
Sale transactions 8 Jan 2022 to Dec 2024
Rent trend 0.0% Last 3 months
Sale PSF trend 10.2% Last 3 months
Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
KOVAN MRT STATION 0.58 km away
KOVAN MRT STATION (NE13) 0.65 km away
SERANGOON MRT STATION (CC13) 1.29 km away
Schools nearby
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.19 km away
NPS INTERNATIONAL SCHOOL 0.38 km away
NPS INTERNATIONAL SCHOOL (PRIMARY CAMPUS) 0.39 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.8 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 2.32 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.82 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 1.03 km away
CI YUAN HAWKER CENTRE Food centre · 1.74 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,500 3 rental contracts in view
Latest median sale PSF $2,462 psf 8 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Apr 2025 1 $3,500 0 - -
Dec 2024 0 - 1 $2,462 psf $4,020,000
Aug 2024 0 - 1 $2,363 psf $4,100,000
Jun 2024 0 - 1 $2,309 psf $3,800,000
Jun 2023 0 - 1 $1,818 psf $4,220,000
Apr 2023 1 $3,500 0 - -
Jan 2023 0 - 1 $2,253 psf $3,750,000
Aug 2022 0 - 1 $2,144 psf $3,630,000
May 2022 1 $4,600 0 - -
Apr 2022 0 - 1 $1,323 psf $4,400,000
Jan 2022 0 - 1 $2,003 psf $3,260,000
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold THE GAZANIA 1.7 km away 412 transactions
- Median rent
- $3,750
- Median sale PSF
- $2,202 psf
- Median rent
- $3,800
- Median sale PSF
- $1,922 psf
- Median rent
- $3,600
- Median sale PSF
- $1,778 psf
- Median rent
- $3,300
- Median sale PSF
- $1,808 psf
- Median rent
- $3,300
- Median sale PSF
- $1,756 psf
- Median rent
- $3,600
- Median sale PSF
- $1,782 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
Unknown $3,500 $3,867 3
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
2,000 to 2,500 sqft $3,500 $3,867 3
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
- $3,910,000 $2,199 psf 8
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
PALM GROVE TERRACE shows a typical monthly rent of $3,500 across 3 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,500
Rental contracts 3
Rent signal Thin
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at PALM GROVE TERRACE point to a typical sale price of $3,910,000 and $2,199 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $3,910,000
Median PSF $2,199 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1878 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. PALM GROVE TERRACE has 8 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $31.2M
Latest update Apr 2025
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D19 to compare PALM GROVE TERRACE against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
PALM GROVE TERRACE FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at PALM GROVE TERRACE?
Based on the URA rental records currently loaded for PALM GROVE TERRACE, the median monthly rent is $3,500 across 3 rental contracts.
What is the typical sale price at PALM GROVE TERRACE?
The median sale price for PALM GROVE TERRACE is $3,910,000, based on 8 URA sale transactions in the local dataset.
What is the median sale PSF at PALM GROVE TERRACE?
The median sale price per square foot for PALM GROVE TERRACE is $2,199 psf. The average sale PSF is $2,084 psf.
Is PALM GROVE TERRACE freehold or leasehold?
PALM GROVE TERRACE is listed as 999-year leasehold from 1878. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is PALM GROVE TERRACE located?
PALM GROVE TERRACE is located at 22N FLOWER ROAD PALM GROVE TERRACE SINGAPORE 549461 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the PALM GROVE TERRACE transaction data?
The URA records on this page start from Jan 2022 and run through Apr 2025. The page is rebuilt after local data refresh runs.