RPS · Resale Project Scorecard
Palm Grove Condo — Grade B
RPS score 5.58/10 · D19 · Hougang, Punggol, Sengkang · 111 units · scored across 7 weighted factors — methodology published.
999YR · LEONIE COURT PTE LTD · TOP 2002
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: schools, total returns.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +3.88% — near-median performance within its 2002-era cohort (67th percentile).
1 primary school within 1km (ZHONGHUA PRIMARY SCHOOL, 0.95km away). Adequate but narrow school optionality.
111 units — boutique development. Lower transaction frequency and limited shared facilities.
0.72km from Kovan Mrt Stn (NE13) — short walk to MRT, good transport convenience.
Rental yield of 2.63% — below-average income return.
999-year tenure — effectively freehold from a valuation standpoint.
Limited future-catalyst exposure — nearest is Serangoon North MRT (CR9, CRL1) at 1.45km, far enough that the impact on this project is modest.
Primary schools within 1km: Zhonghua Primary School.
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The verdict· Scores updated September 2026
Palm Grove Condo scores 5.58 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1464th of 2,357 resale condos scored in Singapore and 132nd of 180 in District 19 (Hougang, Punggol, Sengkang). Its strongest factors are Tenure (10/10) and Project's Historical Performance (7/10); its weakest is Rental Yield (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: schools, total returns.
See all 180 scored condos in District 19 (Hougang, Punggol, Sengkang) →
RPS · Resale Project Scorecard
Recent resale transactions at Palm Grove Condo
12 months to September 2026 (Oct 2025 – Sep 2026): 4 resale transactions, median $1,477 psf, median price $2.09M. Median PSF is up 1.9% on the previous 12 months (Oct 2024 – Sep 2025, $1,450 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 2 | $1,414 psf | $1.85M |
| Jan–Mar 2026 | 1 | $1,560 psf | $2.20M |
| Apr–Jun 2026 | 1 | $1,526 psf | $1.99M |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 4 | $1,477 psf | $2.09M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Palm Grove Condo: frequently asked questions
Answers generated from the scorecard data — RPS rank 1464th of 2,357, scores updated September 2026.
- Is Palm Grove Condo a good buy in 2026?
- Palm Grove Condo scores 5.58/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1464th of 2,357 Singapore resale condos and 132nd of 180 in District 19 (Hougang, Punggol, Sengkang). Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: schools, total returns. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Palm Grove Condo?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 4 resale transactions at Palm Grove Condo, at a median of $1,477 psf and a median price of $2.09M (range $1,401 psf to $1,560 psf). The median PSF is up 1.9% on the previous 12 months (Oct 2024 – Sep 2025, $1,450 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Palm Grove Condo from the nearest MRT station?
- Palm Grove Condo is about 720m from Kovan MRT (NE13), scoring 7/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Palm Grove Condo compare with Space @ Kovan?
- Space @ Kovan is the project scored next to Palm Grove Condo on the District 19 ranking: 5.61 (Grade B) against Palm Grove Condo's 5.58 (Grade B). Palm Grove Condo scores higher on Project's Historical Performance (7 vs 6) and Future Transformation (4 vs 3); Space @ Kovan scores higher on Rental Yield (3 vs 6).
- Which primary schools are within 1km of Palm Grove Condo?
- One primary school is within 1km of Palm Grove Condo: Zhonghua Primary School. 1 primary school within 1km (ZHONGHUA PRIMARY SCHOOL, 0.95km away). Adequate but narrow school optionality. Palm Grove Condo scores 3/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Palm Grove Condo, and how big is the project?
- Palm Grove Condo is 999-year leasehold, completed in 2002, has 111 units, developed by LEONIE COURT PTE LTD. 999-year tenure — effectively freehold from a valuation standpoint. 111 units — boutique development. Lower transaction frequency and limited shared facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Palm Grove Condo in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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