Springvale
Springvale is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Outside Central Region (OCR). The development was completed in 1996 and comprises 36 units. Sale and rental figures on this page are compiled from URA transaction records.
Over the 12 months to Jan 2026, Springvale recorded 1 resale transaction at a median $1,795 psf (median price $1,990,000), and 10 rental contracts at a median $3,650/mo, a gross rental yield of 2.2%. Source: URA caveat data, as of Jan 2026.
Springvale's median of $1,795 psf over the trailing 12 months places its pricing below roughly 59% of District 15 condos; resale liquidity has been limited with 1 caveat lodged; the 2.2% 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.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jan-26 | $1,990,000 | $1,795 psf | 1,109 sqft | 01 to 05 | 3BR |
| May-25 | $1,530,000 | $1,672 psf | 915 sqft | 01 to 05 | 2BR |
| Jul-23 | $1,608,000 | $1,450 psf | 1,109 sqft | 01 to 05 | 3BR |
| Dec-22 | $1,480,000 | $1,335 psf | 1,109 sqft | 01 to 05 | 3BR |
| Oct-21 | $1,220,000 | $1,259 psf | 969 sqft | 01 to 05 | 3BR |
| Aug-21 | $1,210,000 | $1,307 psf | 926 sqft | 01 to 05 | 2BR |
Can I afford Springvale?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,990,000.
En-Bloc Potential
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.