We track 1 sales and 1 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SPRING GARDENS dashboard.
- Average sale price: $1,520,000 across 1 transactions
- Estimated gross rental yield: 2.1%
- District 15 PSF ranking: Mid-range (top 75%)
- Freehold tenure · RCR · D15 · 8 units
About SPRING GARDENS
SPRING GARDENS is a freehold condominium, located at HAIG ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by SUM KEONG DEVELOPMENT PTE LTD, comprising 8 residential units, completed in 2000.
As a freehold property, SPRING GARDENS does not face lease decay concerns.
Sales Market Overview
SPRING GARDENS has recorded 1 sale transactions with an average transaction price of $1,520,000, ranging from $1,520,000 to $1,520,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2024 | 1 | $1,358 psf | $1,520,000 | — |
SPRING GARDENS ranks in the top 75% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, SPRING GARDENS trades 33.7% below the segment benchmark.
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Rental Market Overview
SPRING GARDENS has recorded 1 rental transactions with monthly rents averaging $2,700/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 1 | $2,700/mo | $2,700/mo | $2,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 1 | $2,700/mo |
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Investment Analysis
Based on average rents and sale prices, SPRING GARDENS delivers an estimated gross rental yield of 2.1%. 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 SPRING GARDENS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SPRING GARDENS
- Tanjong Katong MRT
- Marine Parade MRT
- Dakota MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Tao Nan School
- Broadrick Secondary School
- EtonHouse International School (Broadrick)
Nearby MRT Stations
SPRING GARDENS is 700m from Tanjong Katong MRT (Thomson-East Coast Line), with 6 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 700m |
| Marine Parade | TE26 | Thomson-East Coast Line | 980m |
| Dakota | CC8 | Circle Line | 1.1 km |
| Paya Lebar | EW8 | East-West Line | 1.2 km |
| Paya Lebar | CC9 | Circle Line | 1.2 km |
| Eunos | EW7 | East-West Line | 1.4 km |
Nearby Schools
There are 14 schools within 2 km of SPRING GARDENS, including 8 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Tao Nan School | Primary | 110m |
| Broadrick Secondary School | Secondary | 140m |
| EtonHouse International School (Broadrick) | International | 140m |
| Tanjong Katong Girls' School | Secondary | 240m |
| Canadian International School (Tanjong Katong) | International | 240m |
| Tanjong Katong Primary School | Primary | 250m |
| CHIJ (Katong) Primary | Primary | 400m |
| Haig Girls' School | Primary | 430m |
| Canossa Catholic Primary School | Primary | 1.1 km |
| Kong Hwa School | Primary | 1.2 km |
| Geylang Methodist School (Secondary) | Secondary | 1.3 km |
| Geylang Methodist School (Primary) | Primary | 1.5 km |
FAQ
What is the average price for SPRING GARDENS?
What is the rental yield for SPRING GARDENS?
Is SPRING GARDENS 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: 1 transactions analysed
- Rental data: 1 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 SPRING GARDENS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.