PALM LODGE

LORONG 37 GEYLANG
RESALE CONDODistrict 14
Paya Lebar MRT · 4 min walk (320m)RCRFreehold
Total Units
56
2Y PSF Change
+6.0%
1 txns in 24m
Median PSF
1,208
6.0% QoQ
Total Sales
4
since 2021-08
Price Range
$1.6M$2.0M
all-time
Unit Size
1,488 sqft
Floors 11

UrbanLens Analysis

PALM LODGE trades at $1,364 PSF, sitting NaN% below the District 14 median of $0 PSF. The 4-minute walk to Paya Lebar MRT (320m) is a tangible lifestyle and resale advantage.

A 6.0% appreciation over two years is healthy without looking frothy. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.

Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At 56 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

PSF Trend

Quarterly
1,004
2021-Q3
1,178
2022-Q1
1,287
2024-Q1
1,364
2024-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Dec 2024
DatePriceSizePSFFloor
Dec 2024$1,688,0001,238 sqft$1,36401-05
Jan 2024$2,050,0001,593 sqft$1,28701-05
Jan 2022$1,800,0001,528 sqft$1,17801-05
Aug 2021$1,600,0001,593 sqft$1,00401-05
Showing 4 of 4 transactions

Location

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