We track 8 sales and 95 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MALVERN SPRINGS dashboard.
- Average sale price: $2,293,361 across 8 transactions
- Estimated gross rental yield: 3.0%
- District 15 PSF ranking: Above average (top 46%)
- Freehold tenure · RCR · D15 · 75 units
About MALVERN SPRINGS
MALVERN SPRINGS is a freehold condominium, located at ONAN ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by TRIPLAN PTE LTD(OUB CENTRE LIMITED), comprising 75 residential units, completed in 2004.
As a freehold property, MALVERN SPRINGS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MALVERN SPRINGS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 5 | $1,871 psf | $2,051,600 |
| 5+ BR | 3 | $1,057 psf | $2,696,296 |
Sales Market Overview
MALVERN SPRINGS has recorded 8 sale transactions with an average transaction price of $2,293,361, ranging from $1,650,000 to $3,300,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,333 psf | $1,650,000 | — |
| 2022 | 3 | $1,236 psf | $2,159,629 | ↓ 7.3% |
| 2023 | 1 | $1,858 psf | $1,820,000 | ↑ 50.3% |
| 2025 | 3 | $1,876 psf | $2,799,333 | ↑ 1.0% |
MALVERN SPRINGS ranks in the top 46% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, MALVERN SPRINGS trades 23.6% below the segment benchmark.
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Rental Market Overview
MALVERN SPRINGS has recorded 95 rental transactions with monthly rents averaging $5,688/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 43 | $4,443/mo | $3,000/mo | $6,500/mo |
| 3 BR | 52 | $6,718/mo | $3,600/mo | $9,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 19 | $4,234/mo |
| 2022 | 18 | $4,861/mo |
| 2023 | 16 | $6,791/mo |
| 2024 | 19 | $5,816/mo |
| 2025 | 18 | $6,671/mo |
| 2026 | 5 | $6,640/mo |
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Investment Analysis
Based on average rents and sale prices, MALVERN SPRINGS delivers an estimated gross rental yield of 3.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows MALVERN SPRINGS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MALVERN SPRINGS
- Marine Parade MRT
- Marine Terrace MRT
- Tanjong Katong MRT
- CHIJ (Katong) Primary
- Canadian International School (Tanjong Katong)
- Tanjong Katong Girls'
Nearby MRT Stations
MALVERN SPRINGS is 410m from Marine Parade MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Parade | TE26 | Thomson-East Coast Line | 410m |
| Marine Terrace | TE27 | Thomson-East Coast Line | 1.1 km |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 1.1 km |
Nearby Schools
There are 12 schools within 2 km of MALVERN SPRINGS, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 330m |
| Canadian International School (Tanjong Katong) | International | 400m |
| Tanjong Katong Girls' School | Secondary | 470m |
| Broadrick Secondary School | Secondary | 490m |
| EtonHouse International School (Broadrick) | International | 490m |
| Tao Nan School | Primary | 630m |
| Tanjong Katong Primary School | Primary | 750m |
| Haig Girls' School | Primary | 1.0 km |
| Canossa Catholic Primary School | Primary | 1.3 km |
| Telok Kurau Primary School | Primary | 1.3 km |
| Kong Hwa School | Primary | 1.8 km |
| Geylang Methodist School (Secondary) | Secondary | 1.9 km |
FAQ
What is the average price for MALVERN SPRINGS?
What is the rental yield for MALVERN SPRINGS?
Is MALVERN SPRINGS freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 8 transactions analysed
- Rental data: 95 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for MALVERN SPRINGS
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