We track 4 sales and 13 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SPRINGDEW TERRACE dashboard.
- Average sale price: $4,649,250 across 4 transactions
- Estimated gross rental yield: 1.8%
- District 5 PSF ranking: Premium tier (top 23%)
- Freehold tenure · RCR · D5 · 33 units
About SPRINGDEW TERRACE
SPRINGDEW TERRACE is a freehold condominium, located at JALAN MAT JAMBOL in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), developed by ALLGREEN PROPERTIES LTD, comprising 33 residential units, completed in 1994.
As a freehold property, SPRINGDEW TERRACE does not face lease decay concerns.
Sales Market Overview
SPRINGDEW TERRACE has recorded 4 sale transactions with an average transaction price of $4,649,250, ranging from $4,238,000 to $5,500,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 2 | $1,660 psf | $5,000,000 | — |
| 2023 | 1 | $2,086 psf | $4,359,000 | ↑ 25.7% |
| 2024 | 1 | $2,052 psf | $4,238,000 | ↓ 1.7% |
SPRINGDEW TERRACE ranks in the top 23% of condos in District 5 by average PSF.
Compared to the RCR average of $2,049 psf, SPRINGDEW TERRACE trades 9% below the segment benchmark.
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Rental Market Overview
SPRINGDEW TERRACE has recorded 13 rental transactions with monthly rents averaging $7,123/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 13 | $7,123/mo | $4,000/mo | $10,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $5,700/mo |
| 2022 | 2 | $4,800/mo |
| 2023 | 3 | $8,000/mo |
| 2024 | 4 | $7,825/mo |
| 2025 | 1 | $6,500/mo |
| 2026 | 1 | $9,800/mo |
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Investment Analysis
Based on average rents and sale prices, SPRINGDEW TERRACE delivers an estimated gross rental yield of 1.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 SPRINGDEW TERRACE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SPRINGDEW TERRACE
- Pasir Panjang MRT
- Haw Par Villa MRT
- Labrador Park MRT
- Dulwich College (Singapore)
- Alexandra Primary School
- Queenstown Primary School
Nearby MRT Stations
SPRINGDEW TERRACE is 250m from Pasir Panjang MRT (Circle Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Pasir Panjang | CC26 | Circle Line | 250m |
| Haw Par Villa | CC25 | Circle Line | 1.2 km |
| Labrador Park | CC27 | Circle Line | 1.4 km |
Nearby Schools
There are 3 schools within 2 km of SPRINGDEW TERRACE.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.6 km |
| Alexandra Primary School | Primary | 1.7 km |
| Queenstown Primary School | Primary | 2.0 km |
FAQ
What is the average price for SPRINGDEW TERRACE?
What is the rental yield for SPRINGDEW TERRACE?
Is SPRINGDEW TERRACE 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: 4 transactions analysed
- Rental data: 13 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 SPRINGDEW TERRACE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.