The Palladium

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,632 psf
Range
S$ 1,632 - 1,632 psf

Rental Price **

Average
S$ 3.2 psf pm
Range
S$ 2.6 - 3.9 psf pm

Rental Yield **

2.3%

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

Amenities

4.8
4.8

Convenience

4.2
4.2

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
4 Facilities Available
Basement car park
Basement car park
Gymnasium room
Gymnasium room
24 hours security
24 hours security
Swimming pool
Swimming pool
Description
The Palladium is a freehold apartment completed in 2002. It is developed by PACIFIC ROVER PTE LTD. The development occupies a land area of 2,201 sqm and a Gross Floor Area of 4,619 sqm. It consists of 43 units. According to records, buyers of this development are Singaporean 76.2%, PR 7.9%, Foreigner 14.3%, Company 1.6%.

THE PALLADIUM is located along Brooke Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Marine Parade TE26 and Amber TE25. The nearest schools are INSPIRE EDUCATION CENTRE and ZHICHENG PRIVATE SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,632 psf to S$ 1,632 psf at an average of S$ 1,632 psf. Its highest recorded transaction was S$ 1,632 psf in Dec 2021 for a 1,238-sqft unit. Its lowest recorded transaction was S$ 504 psf in Sep 2002 for a 1,658-sqft unit. Its current rental yield is at 2.3%.

Other nearby amenities include: 3 Childcare Centre(s): CHERIE HEARTS @ EASTGATE PTE LTD, KINDERLAND PRESCHOOL, MY FIRST SKOOL, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, TANESEI RETAILING PTE. LTD., and 3 Kindergarten(s): Dreamkids Kindergarten @ East Gate Pte Ltd, Tung Ling Kindergarten, Seeds D' Learning House, and 3 Shopping Mall(s): KATONG PLAZA, ROXY SQUARE, I12 Katong.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
show more
What they say
Live Here? Tell us more
Write a review
There’s no review yet
Live Here? Tell us more
Write a review
Loading...
Floor Plans
20
1
1

THE PALLADIUM - 20 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
872 - 872 sqft
No. of Units
1
Bedroom Type
2BR
Area
883 - 1658 sqft
No. of Units
14
Bedroom Type
3BR
Area
1238 - 2142 sqft
No. of Units
28

Sales Transaction of THE PALLADIUM (Limited to 10)

Unit Search
#
There are 53 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
No Data

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 PALLADIUM
There are 106 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
No data

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 (%)
800 to 900
3,200
2
-
-
-
1200 to 1300
3,500
2
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
Loading...

Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2022
Jalan Tembusu
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1302
Number of BIDS
8
Land ($M)
768
Construction ($M)
194.5
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
115.5
Marketing / Others ($M)
68.7
Estimated Total Cost ($M)
1,213.96
Estimated Breakeven ($psf ppr)
2,059
Sold On APR 2022
173 - 183 Haig Road - Odd no. units (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
2,545
Site GFA (sqm)
3,562
Highest Bid ($M)
49.3
Highest Bid ($PSF)
1286
Number of BIDS
-
Land ($M)
49.3
Construction ($M)
12.7
Land Financing ($M)
4.3
Profesional / Legal / Taxes ($M)
7.4
Marketing / Others ($M)
4.4
Estimated Total Cost ($M)
78.12
Estimated Breakeven ($psf ppr)
2,037
Sold On JUN 2022
East Court (Private Treaty)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,240
Site GFA (sqm)
1,736
Highest Bid ($M)
19.9
Highest Bid ($PSF)
1063
Number of BIDS
-
Land ($M)
19.9
Construction ($M)
6.2
Land Financing ($M)
1.7
Profesional / Legal / Taxes ($M)
3.1
Marketing / Others ($M)
1.9
Estimated Total Cost ($M)
32.76
Estimated Breakeven ($psf ppr)
1,753

Listings

View More

No Data

View More
No Recent News

FAQs about THE PALLADIUM

What is the nearest MRT Station to THE PALLADIUM ?
The nearest MRT Station from THE PALLADIUM is Marine Parade TE26 MRT