District 23 · Choa Chu Kang · OCR
Palm Gardens
Hong San Walk · Condominium · 99 yrs lease commencing from 1996 · 695 units
Current PSF
$1,070
-28.2% vs district median
Gross yield
3.5%
median rent $3,800/mo
3-year gain
4.5%
Transactions · 5y
143
22 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
+107% premium
HDB median $517 psf
Area income
$9,500/mo median
residential zone
En-bloc potential38 / 100
25 years old · 695 units · 6% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$780
2022
$893
+14.5%
2023
$1,012
+13.3%
2024
$1,051
+3.9%
2025
$1,069
+1.7%
2026
$1,058
-1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,000/mo | $3.16 | 3.5% | 37 |
| 3BR | $3,700/mo | $2.96 | 3.3% | 152 |
| 4BR | $3,900/mo | $2.69 | 3.0% | 34 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Mar 2026 | $1,292,000 | 1,216 | $1,062 | 06-10 |
| Feb 2026 | $1,010,000 | 958 | $1,054 | 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 |
| Nov 2025 | $1,238,000 | 1,216 | $1,018 | 06-10 |
| Nov 2025 | $1,100,000 | 1,206 | $912 | 01-05 |
| Nov 2025 | $978,000 | 980 | $998 | 01-05 |
| Oct 2025 | $1,275,000 | 1,216 | $1,048 | 11-15 |
| Oct 2025 | $1,270,000 | 1,216 | $1,044 | 06-10 |
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