We track 18 sales and 40 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SPRING PARK ESTATE dashboard.
- Average sale price: $5,689,083 across 18 transactions
- Estimated gross rental yield: 1.5%
- District 16 PSF ranking: Premium tier (top 18%)
- Freehold tenure · OCR · D16
About SPRING PARK ESTATE
SPRING PARK ESTATE is a freehold condominium, located at JALAN KUPANG in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) (Outside Central Region).
As a freehold property, SPRING PARK ESTATE does not face lease decay concerns.
Sales Market Overview
SPRING PARK ESTATE has recorded 18 sale transactions with an average transaction price of $5,689,083, ranging from $4,300,000 to $7,500,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,506 psf | $5,326,667 | — |
| 2022 | 2 | $1,843 psf | $6,300,000 | ↑ 22.4% |
| 2023 | 2 | $1,875 psf | $6,340,000 | ↑ 1.7% |
| 2024 | 4 | $1,553 psf | $6,157,625 | ↓ 17.2% |
| 2025 | 4 | $1,727 psf | $5,245,000 | ↑ 11.2% |
| 2026 | 3 | $1,722 psf | $5,177,667 | ↓ 0.3% |
SPRING PARK ESTATE ranks in the top 18% of condos in District 16 by average PSF.
Compared to the OCR average of $1,550 psf, SPRING PARK ESTATE trades 8.4% above the segment benchmark.
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Rental Market Overview
SPRING PARK ESTATE has recorded 40 rental transactions with monthly rents averaging $7,136/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 40 | $7,136/mo | $3,100/mo | $15,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $3,833/mo |
| 2022 | 11 | $6,518/mo |
| 2023 | 7 | $7,943/mo |
| 2024 | 7 | $7,143/mo |
| 2025 | 12 | $8,054/mo |
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Investment Analysis
Based on average rents and sale prices, SPRING PARK ESTATE delivers an estimated gross rental yield of 1.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 16
Side-by-side comparison against the most actively traded condos in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | — | $2,551 psf | 549 |
| VELA BAY | 99 years leasehold | — | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | 268 | $2,084 psf | 269 |
| THE BAYSHORE | 99-year leasehold | 1038 | $1,234 psf | 247 |
| THE GLADES | 99 yrs lease commencing from 2013 | 726 | $1,613 psf | 226 |
Location Map
Map shows SPRING PARK ESTATE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SPRING PARK ESTATE
- Bayshore MRT
- Bedok South MRT
- Siglap MRT
- Bedok MRT
- Dunman High School
- Dunman High School (JC)
- Opera Estate Primary School
Nearby MRT Stations
SPRING PARK ESTATE is 340m from Bayshore MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Bayshore | TE29 | Thomson-East Coast Line | 340m |
| Bedok South | TE30 | Thomson-East Coast Line | 1.1 km |
| Siglap | TE28 | Thomson-East Coast Line | 1.2 km |
| Bedok | EW5 | East-West Line | 1.2 km |
Nearby Schools
There are 16 schools within 2 km of SPRING PARK ESTATE, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Dunman High School | Secondary | 260m |
| Dunman High School (JC) | Jc | 260m |
| Opera Estate Primary School | Primary | 840m |
| Bedok South Secondary School | Secondary | 1.1 km |
| Temasek Junior College | Jc | 1.3 km |
| Yu Neng Primary School | Primary | 1.3 km |
| Temasek Primary School | Primary | 1.3 km |
| Global Indian International School (GIIS East Coast) | International | 1.4 km |
| East Coast Primary School | Primary | 1.4 km |
| Victoria School | Secondary | 1.4 km |
| Victoria Junior College | Jc | 1.4 km |
| Bedok North Secondary School | Secondary | 1.5 km |
FAQ
What is the average price for SPRING PARK ESTATE?
What is the rental yield for SPRING PARK ESTATE?
Is SPRING PARK ESTATE 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: 18 transactions analysed
- Rental data: 40 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 PARK ESTATE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.