Maysprings

D23 (OCR) 99 yrs lease commencing from 1994

Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), Maysprings is a 99-year leasehold condominium in the Outside Central Region (OCR). The development was completed in 1998 and comprises 636 units, on a lease that commenced in 1994. 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
7.1
ShiokNest Score
Excellent
Total Units636
TOP Year1998

MAYSPRINGS

Total Units636
TOP Year1998
DeveloperFIRST BUKIT PANJANG LAND PTE LTD (FIRST CAPTIAL CORPORATION)
Tenure99 yrs lease commencing from 1994
DistrictD23 · OCR
Median PSF · 12m$1,175 psf
Median price · 12m$1,388,888
Median Rent · 12m$3,525/mo
Gross Yield3.0%

Over the 12 months to Jun 2026, Maysprings recorded 21 resale transactions at a median $1,175 psf (median price $1,388,888), and 90 rental contracts at a median $3,525/mo, a gross rental yield of 3.0%. Source: URA caveat data, as of Jun 2026.

Maysprings's median of $1,175 psf over the trailing 12 months places its pricing below roughly 83% of District 23 condos; resale liquidity has been active with 21 caveats lodged; the 3.0% gross rental yield sits above 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
Jun-26 $1,050,000 $1,301 psf 807 sqft 06 to 10 2BR
May-26 $1,650,000 $1,256 psf 1,313 sqft 06 to 10 3BR
May-26 $1,160,000 $1,268 psf 915 sqft 06 to 10 2BR
May-26 $1,125,000 $1,375 psf 818 sqft 11 to 15 2BR
Apr-26 $1,360,000 $1,027 psf 1,324 sqft 01 to 05 3BR
Apr-26 $1,410,000 $1,056 psf 1,335 sqft 06 to 10 3BR
Feb-26 $1,550,000 $1,200 psf 1,292 sqft 16 to 20 3BR
Jan-26 $1,038,000 $1,148 psf 904 sqft 11 to 15 2BR

Can I afford Maysprings?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,388,888.

7.1
ShiokNest Score

En-Bloc Potential

42/100

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

100/100

Investment Score

73/100

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