We track 13 sales and 72 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MENDON SPRING dashboard.
- Average sale price: $1,299,462 across 13 transactions
- Estimated gross rental yield: 3.7%
- District 5 PSF ranking: Value tier (top 88%)
- Freehold tenure · RCR · D5 · 48 units
About MENDON SPRING
MENDON SPRING is a freehold condominium, located at PASIR PANJANG ROAD in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), comprising 48 residential units.
As a freehold property, MENDON SPRING does not face lease decay concerns.
Sales Market Overview
MENDON SPRING has recorded 13 sale transactions with an average transaction price of $1,299,462, ranging from $1,083,000 to $1,490,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,120 psf | $1,186,500 | — |
| 2022 | 5 | $1,207 psf | $1,278,400 | ↑ 7.8% |
| 2023 | 1 | $1,221 psf | $1,288,000 | ↑ 1.2% |
| 2024 | 4 | $1,262 psf | $1,337,500 | ↑ 3.3% |
| 2025 | 1 | $1,413 psf | $1,490,000 | ↑ 12.0% |
MENDON SPRING ranks in the top 88% of condos in District 5 by average PSF.
Compared to the RCR average of $2,049 psf, MENDON SPRING trades 40.1% below the segment benchmark.
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Rental Market Overview
MENDON SPRING has recorded 72 rental transactions with monthly rents averaging $4,022/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 72 | $4,022/mo | $2,550/mo | $6,088/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 11 | $3,000/mo |
| 2022 | 15 | $3,630/mo |
| 2023 | 15 | $4,220/mo |
| 2024 | 15 | $4,380/mo |
| 2025 | 9 | $4,294/mo |
| 2026 | 7 | $4,927/mo |
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Investment Analysis
Based on average rents and sale prices, MENDON SPRING delivers an estimated gross rental yield of 3.7%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,845 psf | 6022 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1415 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,889 psf | 1398 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,555 psf | 403 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows MENDON SPRING (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MENDON SPRING
- Pasir Panjang MRT
- Haw Par Villa MRT
- Dulwich College (Singapore)
- Alexandra Primary School
Nearby MRT Stations
MENDON SPRING is 470m from Pasir Panjang MRT (Circle Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Pasir Panjang | CC26 | Circle Line | 470m |
| Haw Par Villa | CC25 | Circle Line | 760m |
Nearby Schools
There are 2 schools within 2 km of MENDON SPRING.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.5 km |
| Alexandra Primary School | Primary | 2.0 km |
FAQ
What is the average price for MENDON SPRING?
What is the rental yield for MENDON SPRING?
Is MENDON SPRING 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: 13 transactions analysed
- Rental data: 72 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 MENDON SPRING
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.