Hundred Palms Residences Price Trend Analysis
Hundred Palms Residences is an executive condominium located in Hougang, District 19, that was completed in 2019. Here's an overview of its price performance:
Historical Price Movement
The project was launched in July 2017 with initial selling prices starting from the mid-$700,000 range. Since then, the property has experienced significant appreciation:
- In 2017, average transacted prices ranged from approximately $781,351 for smaller units to $1,257,913 for larger 4-5 bedroom units
- By 2019, prices had increased to around $1,022,383 for 2-bedroom units and $1,452,200 for 4-bedroom units
- By 2020, prices continued upward to $1,082,750 for 2-bedroom units and $1,178,000 for 3-bedroom units
Based on transaction data from the last 12 months, the property has maintained strong valuations:
- Sale prices currently range from $1,659 to $2,039 per square foot
- The average transaction price stands at $1,820 per square foot
- The highest recent transaction recorded was $2,039 psf in June 2025 for a 1,324-sqft unit
Active listings show asking prices between $1,860 and $2,200 per square foot, depending on unit configuration and size, indicating sustained market demand for the development.
The property maintains a current rental yield of 3.0%, making it attractive for investors seeking both capital appreciation and rental income. The project benefits from proximity to Serangoon North MRT station and nearby amenities including shopping facilities and groceries.
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