The Springbloom
The Springbloom is a 99-year leasehold condominium in District 19 (Punggol, Hougang, Serangoon Gardens), within Singapore's Outside Central Region (OCR). Completed in 1999, the development comprises 372 units, on a lease that commenced in 1995. Sale and rental figures on this page are compiled from URA transaction records.
THE SPRINGBLOOM
Over the 12 months to May 2026, The Springbloom recorded 11 resale transactions at a median $1,608 psf (median price $2,250,000), and 52 rental contracts at a median $4,750/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of May 2026.
The Springbloom's median of $1,608 psf over the trailing 12 months places its pricing above roughly 56% of District 19 condos; resale liquidity has been moderate with 11 caveats lodged; the 2.5% 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 |
|---|---|---|---|---|---|
| May-26 | $2,700,000 | $1,442 psf | 1,873 sqft | 01 to 05 | 4BR |
| Mar-26 | $2,250,000 | $1,560 psf | 1,442 sqft | 01 to 05 | 4BR |
| Mar-26 | $2,190,000 | $1,681 psf | 1,302 sqft | 11 to 15 | 3BR |
| Oct-25 | $2,800,000 | $1,700 psf | 1,647 sqft | 11 to 15 | 4BR |
| Sep-25 | $2,765,000 | $1,493 psf | 1,851 sqft | 01 to 05 | 4BR |
| Sep-25 | $2,250,000 | $1,403 psf | 1,604 sqft | 01 to 05 | 4BR |
| Sep-25 | $1,800,000 | $1,608 psf | 1,119 sqft | 11 to 15 | 3BR |
| Aug-25 | $2,180,000 | $1,674 psf | 1,302 sqft | 06 to 10 | 3BR |
Can I afford The Springbloom?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,250,000.
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.