PARC PALAIS
HUME AVENUE · District 21 · Freehold
Median Price
S$2.0M
Price Range
S$1.2M - S$4.2M
Tenure
Freehold
Avg Rent
S$3.50 psf
PARC PALAIS Price Analysis
PARC PALAIS is a freehold development on HUME AVENUE in District 21 (Upper Bukit Timah). According to URA transaction records, 55 private residential transactions have been recorded at this development, with a median price of S$2,038,000. Prices range from S$1.2M for the smallest units to S$4.2M for premium configurations.
The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,570,000. Larger units (5+ bed (170+ sqm)) trade at S$4,100,000, reflecting the premium for additional space.
On the rental side, PARC PALAIS commands an average of S$3.50 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 1.8%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$1.6M | 90 sqm | 4 |
| 3-Bed (100-130 sqm) | S$2.0M | 120 sqm | 37 |
| 4-Bed (130-170 sqm) | S$2.5M | 140 sqm | 11 |
| 5+ Bed (170+ sqm) | S$4.1M | 253 sqm | 3 |
FAQ
What is the average price of PARC PALAIS?
The median transaction price at PARC PALAIS is S$2,038,000, based on 55 URA-recorded transactions. Prices range from S$1.2M to S$4.2M.
What is the rental rate at PARC PALAIS?
The average rental rate at PARC PALAIS is approximately S$3.50 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.