District 23 · Choa Chu Kang · OCR
Palm Gardens
Hong San Walk · Condominium · 99 yrs lease commencing from 1996
Current PSF
$1,056
-30.1% vs district median
Gross yield
3.5%
median rent $3,800/mo
3-year gain
5.4%
Transactions · 5y
135
18 in last 12 months
Nearest MRT
Bukit Panjang Mrt Station · 1,668.639m
DTL
Future MRT
Choa Chu Kang West Mrt Station
JRL · 2028
Vs local HDB
+104% premium
HDB median $518 psf
Area income
$9,500/mo median
residential zone
En-bloc potential49 / 100
30 years old · composite of plot use, age, tenure, value gap & size
Lease decay69 years left
worth 85.4%of freehold today (Bala’s Table) · loses ~5.9pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+0.5%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
5%
PSF dispersion within project
The neighbourhood
P1 ring
South View Primary School 313m · Phase 2C 3.8× balloted · Chua Chu Kang Primary School 536m · Phase 2C 2.0× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Chua Chu Kang Secondary School · 1.1km
Food
Senja Hawker Centre · 1.9km
Green
Pavilion Park Playground · 946m
Mall
Keat Hong Shopping Centre · 281m
Health
Choa Chu Kang Polyclinic (polyclinic) · 621m
Who lives in Choa Chu Kang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
192,070
Median age
38 yrs
52% under 40 · getting older
Children 0–9
18,270
▲ 11% since 2015 · future P1 demand
Household size
3.5 avg
Homes
86% HDB
12% condo · 1% landed
Degree holders
28%
residents 15+
Commute
58% transit
20% drive
45 min+ to work
41%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,067 psf - 3% above units on floors 1–5 ($1,039 psf).
Price trend average PSF by year
2021
$780
2022
$892
+14.4%
2023
$1,012
+13.5%
2024
$1,051
+3.9%
2025
$1,069
+1.7%
2026
$1,067
-0.2%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,000/mo | $3.16 | 3.6% | 39 |
| 3BR | $3,700/mo | $2.96 | 3.4% | 157 |
| 4BR | $3,900/mo | $2.69 | 3.1% | 34 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $1,295,000 | 1,216 | $1,065 | 11-15 |
| Jun 2026 | $1,260,000 | 1,216 | $1,036 | 06-10 |
| Apr 2026 | $1,650,000 | 1,432 | $1,153 | 11-15 |
| Apr 2026 | $995,000 | 958 | $1,039 | 01-05 |
| Mar 2026 | $1,292,000 | 1,216 | $1,062 | 06-10 |
| Feb 2026 | $1,010,000 | 958 | $1,054 | 06-10 |
| Jan 2026 | $1,280,000 | 1,206 | $1,062 | 06-10 |
| Dec 2025 | $1,580,000 | 1,432 | $1,104 | 01-05 |
| Dec 2025 | $1,300,000 | 1,206 | $1,078 | 01-05 |
| Nov 2025 | $1,280,000 | 1,206 | $1,062 | 11-15 |
HomeRadar AIlive
Ask anything about PALM GARDENS
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Palm Gardens actually sell for - this project trades at 2.1× the nearest block’s PSF.