38 Flora Drive 506895, Flora Drive, East Region, Singapore
$3,300 /month
D17 - Pasir Ris
Tampines East MRT
26 May 2015
Medium (429 units)
429 units
6 Blocks
Fraser Centrepoint Homes
Palm Isles has a total of 429 units, from 1 Bed to 5 Bed units. There are 25 types of floor plans from 506 sqft to 3,798 sqft.
Palm Isles has 6 blocks and up to 0 storey.
Palm Isles is a 99 years leasehold Generic Condo development located in Pasir Ris, District 17. Completed in 2015, it has a total of 6 blocks within the development and comprises a total of 429 units. It is within walking distance to MRT stations such as Tampines East MRT and Tampines East MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Palm Isles is also close to schools like Japanese Primary School (Changi Campus), East Spring Secondary School and East Spring Primary School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Smile Mini Mart and Sheng Siong Supermarket for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Neptune Dental Group - Tampines. SingPost Posting Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Tampines Leisure Park, to enjoy some fresh air.
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Total Transactions
169
Average Price
S986K
Total Value
S166.6M
Calculating fair value from URA transaction data…


License: L3009250K
Estimated sale value based on 2276 URA transactions · 39 outliers removed (IQR)
Fair Value
S$669,865
S$830 psf
Asking Price
S$3,300
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.6%
Tenure
88 yrs
99-year Leasehold · Balance remaining
Confidence
High
2276 comps
Nearest MRT
Tampines East
1096m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2276 comparable transactions
S$1,182
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.702
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$830
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF | Floor | Tenure |
|---|---|---|---|---|---|---|
| LAST DONE2025-08 | FLORA DRIVE | 743 | S$940,000 | S$1,266 | 01-05 | 99 yrs lease commencing from 2012 |
| 2025-08 | FLORA DRIVE | 743 | S$940,000 | S$1,266 | 01-05 | 99 yrs lease commencing from 2012 |
| 2025-08 | FLORA DRIVE | 743 | S$940,000 | S$1,266 | 01-05 | 99 yrs lease commencing from 2012 |
| 2025-08 | FLORA DRIVE | 3,014 | S$2,680,000 | S$889 | 01-05 | 99 yrs lease commencing from 2011 |
| 2025-08 | SIMEI RISE | 2,045 | S$2,120,000 | S$1,037 | 01-05 | 99 yrs lease commencing from 2000 |
| 2025-08 | SIMEI RISE | 1,227 | S$1,480,000 | S$1,206 | 01-05 | 99 yrs lease commencing from 2000 |
| 2025-08 | TAMPINES STREET 34 | 1,195 | S$1,460,000 | S$1,222 | 01-05 | 99 yrs lease commencing from 2000 |
| 2025-08 | MARIAM WAY | 1,421 | S$1,626,000 | S$1,144 | 01-05 | Freehold |
| 2025-08 | LOYANG RISE | 1,615 | S$2,650,000 | S$1,641 | - | 99 yrs lease commencing from 1993 |
| 2025-08 | LOYANG RISE | 1,615 | S$2,388,000 | S$1,479 | - | 99 yrs lease commencing from 1993 |
| 2025-08 | FLORA ROAD | 1,152 | S$1,600,000 | S$1,389 | 06-10 | Freehold |
Showing 10 most recent transactions from 2276 total comparables used in valuation.
HELIOS AI Analysis
Based on 2276 URA transactions (39 outliers removed), adjusted for: Tenure decay (29.8% discount)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.