Springleaf Residence

D26 (OCR) 99 yrs lease commencing from 2024

Located in District 26 (Upper Thomson, Springleaf), Springleaf Residence is a 99-year leasehold condominium in the Outside Central Region (OCR). The development was completed in 2025 and comprises 941 units, on a lease that commenced in 2024. Sale and rental figures on this page are compiled from URA transaction records.

District 26 ·99 yrs lease commencing from 2024 ·Completed 2025
~$2,178 Avg PSF (12-month)
Rental yield
941 Total units
Category Ratings
Facilities
7.5
Unit size & layout
7.0
Value for money
6.5
Neighbourhood
6.0
MRT accessibility
9.0
Lease remaining
7.5

Overview & Key Facts

Springleaf Residence is a 941-unit development along Upper Thomson Road in District 26, jointly developed by GuocoLand (60%) and Hong Leong Holdings (40%) — the same partnership behind Lentor Mansion and Lentor Central Residences. The project occupies a generous 3.2-hectare (344,700 sq ft) site acquired at $905 psf ppr — the lowest land cost in the D26 precinct.

The development sits just 240 metres from Springleaf MRT station (TE4) on the Thomson-East Coast Line, giving it transit proximity that most competing Lentor-corridor developments cannot match. Five residential towers of 25 storeys, plus a conserved 4-storey heritage building (the former Upper Thomson Secondary School), are designed by ADDP Architects under the theme “Forest in a Home, Home in a Forest.”

What makes Springleaf genuinely distinctive is its biodiversity-sensitive design — Singapore’s first condo built under URA’s ecology and biodiversity-sensitive planning guidelines. Smaller, tinted windows reduce bird collisions; extended slabs deter monkeys from scaling buildings. The old school building, closed since 1997, is preserved and repurposed as a communal hub housing 1-bedroom heritage units, a chef-ready kitchen, and a multi-function hall. At its March 2025 launch, 870 of 941 units sold on opening weekend (92%) — validating the market’s appetite for nature-centric living with TEL access.

Developer
Tenure
99 yrs lease commencing from 2024
Total units
941
TOP year
2025
District
26 — OCR
Street
UPPER THOMSON ROAD
Lease remaining
~97 years (of 99)

Location & Connectivity

Springleaf Residence’s location is defined by a sharp duality: excellent MRT access but limited walkable amenities. Springleaf MRT (TE4) on the Thomson-East Coast Line is just 240 metres away — a 2-to-3-minute sheltered walk that gives residents direct, no-transfer access to Orchard (25 minutes), Marina Bay (35 minutes), and the entire TEL network. Woodlands MRT is just 2 stops north, connecting to the future RTS Link to Johor Bahru.

However, the immediate neighbourhood is sparse. The nearest significant retail and dining cluster is at Upper Thomson — Sembawang Hills Food Centre, Springleaf Prata Place, Casuarina Curry, and the cafes along Upper Thomson Road are local favourites, but a proper supermarket requires a drive to Thomson Plaza. A URA GLS mixed-use site directly across the road will eventually bring a supermarket (minimum 1,000 sqm), shops, and restaurants, but construction timelines are uncertain.

For drivers, the SLE, CTE, and upcoming North-South Corridor are all accessible, putting the CBD roughly 20 minutes away. The nature angle is genuine: Springleaf Nature Park (birdwatching and 3km canal trail), Thomson Nature Park, Upper Seletar Reservoir Park, and the Central Catchment Nature Reserve are all within walking or cycling distance. With 77% green coverage on-site, this is one of Singapore’s most green-immersed developments.

Upper Thomson food corridor
While Springleaf itself has limited dining, the Upper Thomson Road food stretch is a 5-minute drive and features some of Singapore’s most beloved local institutions: Casuarina Curry, Springleaf Prata Place, Sembawang Hills Food Centre, and a growing cluster of artisan cafes. It’s not walkable convenience, but it’s characterful dining that residents actively enjoy.

Schools & Education

Nearby Schools
SchoolTypeDistance
Singapore American Schoolinternational~1.7 km

Facilities

Springleaf Residence’s facilities blend conventional condo amenities with unique nature and heritage elements. The 50-metre lap pool, spa pool, and hydrotherapy pool form the aquatic core, complemented by a tennis court, recreational court, outdoor gym, and wellness lounge. What sets Springleaf apart is the detail: a 500-metre jogging trail, 125-metre running track, 100-metre heritage trail, and 9 Cocoon Pavilions inspired by native bird nests for quiet reflection.

“The conserved school building is the heart of this place. You can book the communal kitchen for dinner parties, use the multi-function hall, or just sit in the heritage courtyard. It gives the development a soul that new builds usually lack.”

— Buyer quoted on PropertyGuru, 2025

The conserved Upper Thomson Secondary School building houses a chef-ready communal kitchen, dining pavilions, and the “ECA House” multi-function hall — creating a genuine community hub. Non-PPVC construction across all tower units means owners have full flexibility to hack walls and reconfigure layouts — a practical advantage increasingly rare in new launches. Smart home integration includes lighting, A/C, fire detectors, and a virtual concierge platform.


Unit Sizes & Layout

The unit mix spans heritage 1-bedroom units (388 sq ft, in the conserved school building) to 5-bedroom configurations (up to 1,475 sq ft) across the five 25-storey towers. Two-bedders (35.3% of inventory) and three-bedders form the bulk, with 2-BR starting from $1.08M — one of the lowest entry points in D26. The heritage 1-BR units are particularly unique: set within the conserved school building with high ceilings and character that conventional units cannot replicate, all 8 sold out instantly on launch day.

Stack selection tip
Prioritise units facing west and northwest for unblocked views toward the Central Catchment Nature Reserve and Lower Seletar Reservoir — these are permanently protected, guaranteeing no future obstruction. Avoid SLE-facing stacks: 30–50% of units may face the Seletar Expressway, and mid/lower floors are most affected by traffic noise. Higher floors (20+) in nature-facing stacks offer panoramic greenery views genuinely rare for a mass-market condo. Non-PPVC construction means you can reconfigure layouts post-purchase — a flexibility advantage over competing Lentor launches.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR8$2,312$895,875
1 BR340$2,176$1,314,297
2 BR264$2,182$1,831,409
3 BR251$2,165$2,463,845
4 BR55$2,211$3,227,891

Pricing & Market Position

Across 918 recorded transactions (all-time), sale prices range from $860,000 to $3,489,000, averaging $1,888,321.

Over the last 12 months, transactions averaged $2,178 psf.

SPRINGLEAF RESIDENCE sits at the 1st percentile of District 26 condo PSF.

Price Appreciation

From 2025 to 2026, the average PSF has appreciated by 1.8% (from $2,177 to $2,216 psf).

2026
+1.8%
$2,216 psf

Neighbourhood Comparison

Springleaf Residence’s main competitors are the Lentor corridor developments, all sharing 99-year leases and TEL access. Lentor Mansion ($2,266 psf, 533 units) and Lentor Central Residences ($2,222 psf, 477 units) — both by the same GuocoLand-Hong Leong partnership — offer similar developer quality at 400–700m MRT distances. Lentor Modern ($2,132 psf, 605 units) is the key differentiator: an integrated development with an operational mall providing the daily convenience that Springleaf currently lacks.

The pricing differential is modest — Springleaf at ~$2,088 psf is actually the value entry point in D26, underpinned by the lowest land cost ($905 psf ppr). The differentiation is lifestyle: Springleaf offers nature immersion, heritage character, and closer MRT access; Lentor offers a developing but more amenity-rich neighbourhood. The ~2,954 units across six Lentor projects will create a township feel that Springleaf’s landed-enclave setting deliberately avoids.

District 26 Comparables
DevelopmentTenureTOPUnits~Avg PSF
SPRINGLEAF RESIDENCE99 yrs lease commencing from 20242025941$2,178
LENTOR MODERN99 yrs lease commencing from 20212022605$2,142
LENTOR HILLS RESIDENCES99 yrs lease commencing from 20222023598$2,116
LENTOR MANSION99 yrs lease commencing from 20232024533$2,266
LENTOR CENTRAL RESIDENCES99 yrs lease commencing from 20232025477$2,222
HILLOCK GREEN99 yrs lease commencing from 20222023474$2,187

Lease Decay Analysis

The 99-year lease runs from 2024, meaning approximately 2 years have already been consumed. Roughly 97 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~97 yearsFull bank financing available
2054~69 yearsCPF usage still unrestricted for most buyers
2063~59 yearsApproaching 60-year threshold — CPF limits begin for some
2083~39 yearsSignificant financing restrictions for next buyer
2123ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~87 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates SPRINGLEAF RESIDENCE across multiple dimensions.

Walkability
35/100
MRT: 25/25, School: 0/20, Hawker: 0/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 0/5
Investment
46/100
Insufficient data ·No data ·918 txns/yr ·97 yrs left ·0.24 km to MRT ·-1.4% district YoY ·En-bloc 14/100
Profitability
62/100
Win rate: 100 — 3 transaction pairs, 100% profitable, avg +$42,333
En-Bloc Potential
14/100
Verdict: Low
Overall ShiokNest Score
45/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“The heritage school building is what sets this apart from every other launch. We toured the conserved block and you can feel the history — the high ceilings, the brick facade. Our 1-BR there is a conversation piece, not just a unit. Nothing in Lentor has this character.”

— Buyer quoted on EdgeProp, 2025

“If you’re expecting Orchard Road convenience, this isn’t it. But that’s exactly why we bought here. 77% green coverage, nature park next door, and the TEL gets me to Marina Bay in 35 minutes. We wanted to feel like we’re living outside the city while still being connected.”

— Buyer quoted on PropertyGuru, 2025

“We looked at Lentor Mansion and Hillock Green before this. Springleaf won on two counts: 240m to MRT (closer than any Lentor project) and the non-PPVC construction. We plan to combine the living and dining areas — can’t do that with PPVC walls.”

— Buyer quoted on 99.co, 2025

Strengths & Weaknesses

Strengths
  • Springleaf MRT (Thomson-East Coast Line) just 240m away — top-tier transit access
  • Direct TEL access to Orchard (25 min), Marina Bay (35 min) without transfers
  • 77% green coverage — Singapore's first biodiversity-sensitive condo design
  • Conserved heritage school building with unique 1-BR units, communal kitchen, and ECA House
  • Non-PPVC construction — full layout customisation flexibility (walls can be hacked)
  • Lowest land cost in D26 ($905 psf ppr) underpins competitive pricing (~$2,088 psf)
  • 92% launch sellout (870/941 units) — strongest opening weekend of 2025
  • GuocoLand + Hong Leong pedigree — same partnership behind Lentor Mansion
  • Nature reserves, parks, and reservoirs walkable — 500m jogging trail on-site
  • Fresh 99-year lease with 97 years remaining
Weaknesses
  • SLE expressway noise affects 30-50% of units — mid/lower floors most impacted
  • Walkability score of 25/100 — car essential for daily groceries and errands
  • No shopping mall or supermarket within walking distance (future GLS site pending)
  • No primary school within critical 1km P1 registration radius
  • First condo in Springleaf precinct — untested resale market with no comparable data
  • 941 units creates future resale/rental competition within the same development
  • No rental track record — rental demand in Upper Thomson/Springleaf is unproven
  • 5-BR units ($3M+) saw slower absorption at launch — 39 of 71 remaining were 5-bedders
  • Nature reserve proximity means wildlife encounters (monkeys, wild boar)

Who This Actually Suits

The profile fits mrt-walkable commuters, car-owning households, sports / active lifestyle and nature / park-fronting best. MRT proximity is the standout commute feature for daily transit users.

For wfh / hybrid workers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for families with young children — other options likely serve them better. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.


Verdict

Springleaf Residence is built on three pillars: excellent MRT access, an unmatched nature setting, and a heritage character that no competing development can replicate. The 92% launch sellout validates this proposition. For buyers who work along the Thomson-East Coast Line corridor and value living surrounded by genuine nature over urban convenience, it offers a combination unique in D26.

The trade-offs are real: the walkability score of 25/100 means a car is practically essential, the immediate neighbourhood lacks retail density until the adjacent GLS mixed-use site is built, and SLE expressway noise affects a significant proportion of units. The lowest land cost in D26 ($905 psf ppr) underpins competitive pricing, but the untested resale market in this precinct means appreciation potential is less proven than the established Lentor corridor.

Against the Lentor cluster, Springleaf wins on MRT proximity (240m vs 400–700m), nature immersion (77% green coverage, nature park access), and unique heritage character (conserved school building). Lentor Modern counters with an integrated mall providing immediate daily convenience. For nature-loving families with a car who prioritise TEL access and tranquil living, Springleaf is compelling. For those who value walkable retail, the Lentor developments offer more balanced propositions.

Frequently Asked Questions

How far is Springleaf Residence from the nearest MRT?
Springleaf MRT (Thomson-East Coast Line) is just 240m or a 3-minute walk — one of the closest MRT accesses among new launches in D26.
What amenities are near Springleaf Residence?
The immediate area is sparse for retail. Thomson Plaza and Junction 8 (Bishan) are the nearest malls by car. Upper Thomson Road offers a popular food corridor with Casuarina Curry, Springleaf Prata, and cafes. Nature amenities (Springleaf Nature Park, Lower Seletar Reservoir) are walkable.
What is the average PSF at Springleaf Residence?
The average PSF is approximately $2,178 over the last 12 months, competitive with neighbouring Lentor corridor developments.
How does Springleaf compare to the Lentor developments?
Springleaf (~$2,088 psf) is the value entry to D26 with closer MRT access (240m vs 400-700m) and unique heritage/nature features. Lentor Modern offers an integrated mall for daily convenience. Lentor Mansion ($2,266 psf) is by the same developer at a slight premium but in a more established precinct.
What schools are near Springleaf Residence?
No primary school falls within the critical 1km P1 registration radius. Anderson Primary (~1.5km), CHIJ St. Nicholas Girls' (~2km), and Mayflower Primary (~1.8km) are the nearest options. Singapore American School is 1.74km away. This is a notable weakness for families with young children.
Who developed Springleaf Residence?
A joint venture between GuocoLand (60%) and Hong Leong Holdings (40%) — the same partnership behind Lentor Mansion (98.5% sold) and Lentor Central Residences (99.6% sold).
Data as of July 2026

Latest recorded data point: Jul 2026 · 918 records analysed · Source: URA private-sale caveats