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Spring Gardens

Apartment · in Marine Parade, District 15, Singapore · Freehold · Completed 2000

Data through 10 July 2024

Intro: Spring Gardens offers an intimate, freehold living experience in the heart of Katong, placing residents within easy reach of local amenities and well-regarded schools 🏫.
Good to know: Boutique development featuring only eight private residences 🏡; Located within 1km of Tanjong Katong Primary School and Haig Girls' School 🎒.
Practical note: While the location is excellent for families and school access, residents should note that the development is a bit of a walk from the nearest MRT stations, making it better suited for those who drive or prefer cycling 🚲.

D15RCRCentralMarine Parade
On this pageProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs
< 1km
MRT Station
Near
$1M+ HDB
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Spring Gardens project details

Street
Haig Road
Property Type
Apartment
Completion
2000
Total Units
8
Plot Ratio
1.4
Unit Size
1,119 - 1,959 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
43

MRT and LRT stations near Spring Gardens

  • Tanjong Katong886 m · MRTTE25
  • Marine Parade895 m · MRTTE26
See details on nearby stations

Primary schools near Spring Gardens

  • Tanjong Katong Primary School361 m
  • Haig Girls' School606 m
See details on nearby schools

Spring Gardens price, PSF and transaction trends

40%
HDB Buyers
$14.2M+
Total Transacted
25-08-2000
First Transacted
10-07-2024
Last Transacted
15
Total Transactions

Spring Gardens transaction volume

Spring Gardens transaction volume001222004 · Resale: 120042005 · Resale: 120052006 · Resale: 120062009 · Resale: 220092012 · Resale: 120122015 · Resale: 120152018 · Resale: 120182024 · Resale: 12024
New SaleSub SaleResale

Among the latest 12 recorded sales for Spring Gardens, the median price was S$802,500 and the median PSF was S$602 psf. The newest record shown is from 10 July 2024. The annual project median was 258.3% higher in 2024 than in 2004; unit mix can affect year-to-year comparisons.

Recent Spring Gardens transactions

DateSale typePricePSFSize
10 July 2024ResaleS$1,520,000S$1,358 psf1,119 sqft
26 March 2018ResaleS$1,450,000S$1,142 psf1,270 sqft
30 November 2015ResaleS$1,280,000S$999 psf1,281 sqft
30 November 2012ResaleS$1,780,000S$909 psf1,959 sqft
16 October 2009ResaleS$1,230,000S$631 psf1,948 sqft

Spring Gardens median transaction PSF (S$)

Spring Gardens median transaction PSF (S$)05001.0K1.5K2004 · Median PSF: 37920042005 · Median PSF: 38320052006 · Median PSF: 39820062009 · Median PSF: 62420092012 · Median PSF: 90920122015 · Median PSF: 99920152018 · Median PSF: 1.1K20182024 · Median PSF: 1.4K2024

Spring Gardens annual price trend

YearMedian priceMedian PSFRecorded sales
2024S$1,520,000S$1,358 psf1
2018S$1,450,000S$1,142 psf1
2015S$1,280,000S$999 psf1
2012S$1,780,000S$909 psf1
2009S$960,000S$624 psf2
2006S$510,000S$398 psf1
2005S$750,000S$383 psf1
2004S$739,000S$379 psf1
85.7%
% Profitable
6
Profitable
1
Unprofitable
4
> 6% Annualized
9.5 yrs
Avg Holding
$3.9M
Total Profits

Spring Gardens annualized profit %

Spring Gardens annualized profit %-10.0%-5.0%0.0%5.0%10.0%15.0%2006 · Average Annualized Profit: -6.8%20062009 · Average Annualized Profit: 9.9%20092012 · Average Annualized Profit: 12.7%20122015 · Average Annualized Profit: 9.9%20152018 · Average Annualized Profit: 3.7%20182024 · Average Annualized Profit: 5.4%2024
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Spring Gardens rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 12 recorded rental contracts for Spring Gardens, the median monthly rent was S$1,975, with records ranging from S$950 to S$3,500.

Recent Spring Gardens rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 April 20221 BRS$2,700S$2 psf1100-1200
1 April 20201 BRS$2,400S$2 psf1100-1200
1 April 20181 BRS$2,400S$2 psf1100-1200
1 February 20171 BRS$2,500S$2 psf1100-1200
1 November 2011—S$3,500S$2 psf1800-1900

Spring Gardens rental volume

Spring Gardens rental volume01232002 · Rentals: 220022003 · Rentals: 320032010 · Rentals: 120102011 · Rentals: 120112017 · Rentals: 120172018 · Rentals: 120182020 · Rentals: 120202022 · Rentals: 12022
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Frequently asked questions about Spring Gardens

How much do units at Spring Gardens cost?

The latest 12 recorded sales show a median price of S$802,500 and a median of S$602 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Spring Gardens?

The latest recorded median monthly rent is S$1,975. Rental yield is indicative and can vary by unit and costs.

Is Spring Gardens freehold or leasehold?

Spring Gardens has a tenure of Freehold.

When was Spring Gardens completed?

Spring Gardens was completed in 2000 and the project has 8 units.

Which MRT or LRT station is nearest to Spring Gardens?

Tanjong Katong is the nearest station shown, at an estimated straight-line distance of 886 metres.

Which primary schools are near Spring Gardens?

The primary schools shown within the page’s one-kilometre search are Tanjong Katong Primary School (361 m) and Haig Girls' School (606 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 10 July 2024. Figures are indicative and do not constitute financial advice.

Nearby properties within 1km

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