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District 19 · Hougang · OCR

Palm Grove Terrace

Palm Grove Avenue · Terrace · 999 yrs lease commencing from 1878

Current PSF
$0
-100.0% vs district median
Gross yield
-
median rent $4,050/mo
3-year gain
0.0%
Transactions · 5y
8
0 in last 12 months
Nearest MRT
Kovan Mrt Station · 665.944m
NEL
Future MRT
Serangoon North Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$8,500/mo median
residential zone
En-bloc potential56 / 100
148 years old · composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
3%
PSF dispersion within project
3D →
Palm Grove Avenue, District 19 · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
P1 ring
Nps International School (Primary Campus) 406m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Peicai Secondary School · 1.0km
Food
Hougang Street 21 Blk 209 (Kovan Hougang Market And Food Centre) · 789m
Green
Richards Ave Pk · 350m - 9 parks within 1km
Mall
Icb Shopping Centre · 660m
Health
Serangoon Polyclinic (polyclinic) · 1.2km

Who lives in Hougang

Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg

Residents
227,560
Median age
43 yrs
46% under 40 · getting older
Children 0–9
18,560
▲ 1% since 2015 · future P1 demand
Household size
3.3 avg
Homes
75% HDB
13% condo · 10% landed
Degree holders
29%
residents 15+
Commute
59% transit
21% drive
45 min+ to work
30%

Price trend average PSF by year

2022
$1,823
2023
$2,036
+11.7%
2024
$2,336
+14.7%
2025
$2,462
+5.4%

Recent transactions URA, latest 8

DatePriceArea (sqft)PSFFloor
Jan 2025$4,020,0001,633$2,462-
Sept 2024$4,100,0001,735$2,363-
Jul 2024$3,800,0001,646$2,309-
Jul 2023$4,220,0002,322$1,818-
Feb 2023$3,750,0001,664$2,253-
Sept 2022$3,630,0001,693$2,144-
May 2022$4,400,0003,326$1,323-
Feb 2022$3,260,0001,628$2,003-
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More in District 19

The HDB blocks next door

The entry point, measured: what the resale flats around Palm Grove Terrace actually sell for - this project trades at 0.0× the nearest block’s PSF.

Data: URA private residential transactions & rentals (5-year window, updated weekly), data.gov.sg, OneMap, LTA DataMall. PSF and yield figures are computed from actual transactions and rental contracts - not estimates.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.