Overview & Key Facts
FORTUNE SPRING is a condominium at PALM ROAD in District 15 (RCR), developed by FORTUNE DEVELOPMENT PTE LTD, comprising 24 units, completed in 2003.
Location & Connectivity
FORTUNE SPRING is approximately 610m from Siglap MRT station, with 3 stations within 1.5 km.
Schools & Education
12 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Dunman High School | Secondary | 690m |
| Dunman High School (JC) | Jc | 690m |
| Global Indian International School (GIIS East Coast) | International | 760m |
| East Coast Primary School | Primary | 770m |
| Victoria School | Secondary | 1 km |
| Victoria Junior College | Jc | 1 km |
| Chung Cheng High School (Main) | Secondary | 1 km |
| Temasek Junior College | Jc | 1.2 km |
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
Lease Analysis
With 76 years remaining on its 99-year lease, FORTUNE SPRING still qualifies for full bank financing and CPF usage.
What Could Work Against You
- At 24 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: car-owning households, international school families, cpf-only buyers and boutique low-density (<100 units). At ~605m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
p1 school balloting families, long-term hold (10+ yr) and light renovation budget should treat this as a shortlist candidate, not a default choice.
resort facilities should probably look elsewhere. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
Verdict
FORTUNE SPRING is a development in District 15 (RCR), with 24 units.
Explore the full FORTUNE SPRING dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FORTUNE SPRING against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (850m away)
- Geylang — 4-room average $761,443 (1.3 km away)
- Marine Parade — 4-room average $648,065 (1.7 km away)
FAQ
What is the average PSF for FORTUNE SPRING?
Is FORTUNE SPRING freehold?
What is the rental yield for FORTUNE SPRING?
Which MRT is nearest to FORTUNE SPRING?
Sources & Next Steps
- FORTUNE SPRING Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 0 transactions
- Rental data: 19 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.