We track 8 sales and 22 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the ESPIRA SPRING dashboard.
- Average sale price: $1,837,986 across 8 transactions
- Estimated gross rental yield: 2.5%
- District 15 PSF ranking: Value tier (top 91%)
- Freehold tenure · OCR · D15 · 30 units
About ESPIRA SPRING
ESPIRA SPRING is a freehold condominium, located at LORONG G TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region), developed by WORLD CLASS LAND PTE LTD, comprising 30 residential units, completed in 2010.
As a freehold property, ESPIRA SPRING does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at ESPIRA SPRING:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,464 psf | $1,300,000 |
| 3 BR | 2 | $1,255 psf | $1,512,500 |
| 5+ BR | 4 | $1,088 psf | $2,269,722 |
Sales Market Overview
ESPIRA SPRING has recorded 8 sale transactions with an average transaction price of $1,837,986, ranging from $1,250,000 to $2,628,888.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $887 psf | $1,925,000 | — |
| 2022 | 2 | $1,335 psf | $1,387,500 | ↑ 50.5% |
| 2024 | 2 | $1,383 psf | $1,425,000 | ↑ 3.6% |
| 2026 | 2 | $1,290 psf | $2,614,444 | ↓ 6.8% |
ESPIRA SPRING ranks in the top 91% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, ESPIRA SPRING trades 21.1% below the segment benchmark.
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Rental Market Overview
ESPIRA SPRING has recorded 22 rental transactions with monthly rents averaging $3,833/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 12 | $3,701/mo | $2,300/mo | $4,300/mo |
| 3 BR | 10 | $3,990/mo | $2,800/mo | $5,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 5 | $2,770/mo |
| 2022 | 3 | $3,567/mo |
| 2023 | 5 | $4,240/mo |
| 2024 | 3 | $4,100/mo |
| 2025 | 6 | $4,378/mo |
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Investment Analysis
Based on average rents and sale prices, ESPIRA SPRING delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows ESPIRA SPRING (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- ESPIRA SPRING
- Kembangan MRT
- Eunos MRT
- Marine Terrace MRT
- Telok Kurau Primary School
- Canossa Catholic Primary School
- Chung Cheng High School (Main)
Nearby MRT Stations
ESPIRA SPRING is 480m from Kembangan MRT (East-West Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Kembangan | EW6 | East-West Line | 480m |
| Eunos | EW7 | East-West Line | 860m |
| Marine Terrace | TE27 | Thomson-East Coast Line | 1.2 km |
Nearby Schools
There are 13 schools within 2 km of ESPIRA SPRING, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 610m |
| Canossa Catholic Primary School | Primary | 980m |
| Chung Cheng High School (Main) | Secondary | 1.4 km |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| Canadian International School (Tanjong Katong) | International | 1.5 km |
| Broadrick Secondary School | Secondary | 1.5 km |
| EtonHouse International School (Broadrick) | International | 1.5 km |
| East Coast Primary School | Primary | 1.7 km |
| Global Indian International School (GIIS East Coast) | International | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.7 km |
| Tao Nan School | Primary | 1.8 km |
| Haig Girls' School | Primary | 1.8 km |
FAQ
What is the average price for ESPIRA SPRING?
What is the rental yield for ESPIRA SPRING?
Is ESPIRA SPRING 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: 8 transactions analysed
- Rental data: 22 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 ESPIRA SPRING
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 1,640 condo transactions recorded in District 15 over the last 12 months, 64% resale, 34% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 15 could add roughly 500 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Jalan Tembusu | — | ~500 | Confirmed | Awarded |
HDB Alternatives Nearby
Weighing ESPIRA SPRING against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (620m away), an upgrader gap of about $1,200,000
- Geylang — 4-room average $761,443 (760m away), an upgrader gap of about $1,100,000
- Marine Parade — 4-room average $648,065 (1.3 km away), an upgrader gap of about $1,200,000