The Palette

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
  0
 2
 0

Sale Price *

Average
S$ 1,227 psf
Range
S$ 1,098 - 1,426 psf

Rental Price **

Average
S$ 3.6 psf pm
Range
S$ 1.8 - 5.8 psf pm

Rental Yield **

3.5%

Rental income expressed as a percentage of the property's value.

Amenities

2.7
2.7

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
The Palette is a leasehold (99 yrs from 2010) condominium completed in 2015. It is developed by HONG REALTY (PRIVATE) LIMITED and designed by ARCHITECTS 61 PTE LTD. The development occupies a land area of 42,857 sqm and a Gross Floor Area of 90,000 sqm. It consists of 892 units. According to records, buyers of this development are Singaporean 75.6%, PR 17.1%, Foreigner 7.2%, Company 0.2%.

THE PALETTE is located along Pasir Ris Grove in Pasir Ris, in District 18. It is accessible through the nearest MRTs including Pasir Ris EW1 and Pasir Ris CR5. The nearest schools are ELIAS PARK PRIMARY SCHOOL and CORAL SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,098 psf to S$ 1,426 psf at an average of S$ 1,227 psf. Its highest recorded transaction was S$ 1,426 psf in Jul 2022 for a 495-sqft unit. Its lowest recorded transaction was S$ 678 psf in Dec 2011 for a 1,184-sqft unit. Its current rental yield is at 3.5%. Other nearby amenities include: 3 Childcare Centre(s): MY FIRST SKOOL, MY WORLD PRESCHOOL LTD., MY FIRST SKOOL, and 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Al - Amin Preschool (Pasir Ris), PCF SPARKLETOTS PRESCHOOL @ PASIR RIS WEST Blk 517 (KN), Hanis Montessori Kindergarten (Pasir Ris), and 2 Shopping Mall(s): WHITE SANDS, ELIAS MALL.

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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Write a review
4.4
"Good design, best stack!"
y*******g@yahoo.com
Owner     |   24 Nov 2018
4
"Shangri La of the East"
k************r@hotmail.com
Owner     |   09 Feb 2017
4.6
"Amazing environment with good finishing of the unit "
A*******1@yahoo.com
Owner     |   08 Oct 2016
5
"New widening of pathways and overhead bridge makes it highly accessible to the MRT station and future Pasir Ris 8 Developments. Definitely the prime area of pasir ris."
S*** T**
Google Review     |   24 Dec 2021
3
"Visit my friend often here, recently the intercom broken."
D*****
Google Review     |   19 Jul 2021
5
"Good facilities and many interesting vending machines"
W** S**** F**
Google Review     |   11 Apr 2021
5
"Nice pool, nice facilities (open hammock garden), nice gym and architecture!!"
L** N******
Google Review     |   28 Dec 2020
5
"Nice condo. Nice balcony "
C******** L***
Google Review     |   24 Dec 2020
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Floor Plans
101
1
1

THE PALETTE - 101 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of THE PALETTE (Limited to 10)

Unit Search
#
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of THE PALETTE
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
-

Listings

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thumb-images
3
View to Offer

    • 4 beds
    • 4 baths
    • Condominium
    • D18
    • 2015
    • 99 years
    • S$ 1,340 psf
    • 107 Pasir Ris Grove
    Keith SY Lim
    send_enquiry
    thumb-images
    10
    $1,450,000

      • 3 beds
      • 3 baths
      • Condominium
      • D18
      • 2015
      • 99 years
      • S$ 1,360 psf
      • 113 Pasir Ris Grove
      Ck Owyong
      send_enquiry
      thumb-images
      10
      $1,580,000

        • 3 beds
        • 3 baths
        • Condominium
        • D18
        • 2015
        • 99 years
        • S$ 1,370 psf
        • 111 Pasir Ris Grove
        JAMES Tan
        send_enquiry
        thumb-images
        10
        View to Offer

          • 2 beds
          • 2 baths
          • Condominium
          • D18
          • 2015
          • 99 years
          • S$ 1,330 psf
          • 103 Pasir Ris Grove
          Madeline Seah
          send_enquiry
          thumb-images
          10
          View to Offer

            • 2 beds
            • 2 baths
            • Condominium
            • D18
            • 2015
            • 99 years
            • S$ 1,590 psf
            • 103 Pasir Ris Grove
            Garry Lew
            send_enquiry
            thumb-images
            10
            View to Offer

              • 2 beds
              • 2 baths
              • Condominium
              • D18
              • 2015
              • 99 years
              • S$ 1,280 psf
              • 111 Pasir Ris Grove
              Rei Jayanti Tan
              send_enquiry

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