The Springfield

D16 (OCR) 99 yrs lease commencing from 1995

Located in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), The Springfield is a 99-year leasehold condominium in the Outside Central Region (OCR). Completed in 1999, the development comprises 111 units, on a lease that commenced in 1995. Sale and rental figures on this page are compiled from URA transaction records.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
6.7
ShiokNest Score
Good
Total Units111
TOP Year1999

THE SPRINGFIELD

Total Units111
TOP Year1999
DeveloperCHEMPAKA DEVELOPMENT PTE LTD (CENTREPOINT PROPERTIES LTD)
Tenure99 yrs lease commencing from 1995
DistrictD16 · OCR
Median PSF · 12m$998 psf
Median price · 12m$2,348,400
Median Rent · 12m$4,600/mo
Gross Yield2.4%

Over the 12 months to May 2026, The Springfield recorded 2 resale transactions at a median $998 psf (median price $2,348,400), and 2 rental contracts at a median $4,600/mo, a gross rental yield of 2.4%. Source: URA caveat data, as of May 2026.

The Springfield's median of $998 psf over the trailing 12 months places its pricing below roughly 95% of District 16 condos; resale liquidity has been limited with 2 caveats lodged; the 2.4% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.

Recent transactions
Date Price PSF Size (sqft) Floor Type
May-26 $2,480,000 $1,047 psf 2,368 sqft - 5BR
Dec-25 $2,216,800 $949 psf 2,336 sqft - 5BR
May-25 $2,188,888 $937 psf 2,336 sqft - 5BR
Apr-25 $2,300,000 $967 psf 2,379 sqft - 5BR
Jan-25 $2,188,000 $941 psf 2,325 sqft - 5BR
Jan-25 $2,350,000 $1,006 psf 2,336 sqft - 5BR
Nov-24 $2,190,000 $921 psf 2,379 sqft - 5BR
Sep-24 $2,150,000 $908 psf 2,368 sqft - 5BR

Can I afford The Springfield?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,348,400.

6.7
ShiokNest Score

En-Bloc Potential

57/100

A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.

Neighbourhood Score

73/100

Investment Score

62/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals