Fortune Spring
Fortune Spring is a freehold apartment in District 15 (Bedok) that obtained TOP in 2003, with 24 units across 1 block. Across 46 transactions on record, units have recently transacted around S$1.20M (S$827 psf, ~1,163 sqft).
What are the key facts about Fortune Spring?
Fortune Spring is a freehold apartment in District 15 (Bedok) that obtained TOP in 2003, with 24 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2003
- Developer
- FORTUNE DEVELOPMENT PTE LTD
- Total units
- 24
- Blocks
- 1
- District / Area
- District 15 (Bedok)
- Market segment
- RCR
- Median PSF
- S$827 psf
- Last transacted
- Apr 2017
- Remaining lease
- Freehold
What is the price and PSF at Fortune Spring?
Units have recently transacted around S$1.20M (S$827 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$1.20M
recent · 46 sales on record
Median PSF
S$827 psf
recent transactions
Median rent (monthly)
S$2,546
71 rentals on record
Gross rental yield
2.5%
indicative, gross
Source: URA caveat data, through Apr 2017.
What has recently sold at Fortune Spring?
Fortune Spring has 46 recorded sales; the most recent transacted at S$1,200,000 in Apr 2017 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2017 | S$1,200,000 | 1,033 | S$1,161 psf |
| Apr 2017 | S$1,193,000 | 1,076 | S$1,108 psf |
| Dec 2013 | S$1,648,000 | 2,131 | S$773 psf |
| Nov 2013 | S$1,250,000 | 1,152 | S$1,085 psf |
| Aug 2013 | S$1,828,000 | 2,390 | S$765 psf |
| May 2013 | S$1,668,000 | 2,088 | S$799 psf |
| Oct 2012 | S$1,000,000 | 1,033 | S$968 psf |
| Dec 2011 | S$1,050,000 | 1,163 | S$903 psf |
| Apr 2011 | S$1,040,000 | 1,195 | S$870 psf |
| Jan 2011 | S$1,330,000 | 2,390 | S$557 psf |
| Aug 2010 | S$855,000 | 1,033 | S$827 psf |
| Feb 2010 | S$1,315,000 | 2,390 | S$550 psf |
46 sales and 71 rentals on record since Dec 2000. Source: URA.
Are prices at Fortune Spring rising?
The median transacted PSF at Fortune Spring has risen 61% over the past 17 years (2000–2017), from S$690 psf to S$1,108 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2017 | S$1,108 psf | S$1.19M | 2 | +43.3% |
| 2013 | S$773 psf | S$1.65M | 4 | -11.1% |
| 2011 | S$870 psf | S$1.05M | 3 | +58.2% |
| 2010 | S$550 psf | S$855k | 2 | -24.1% |
| 2009 | S$725 psf | S$780k | 2 | +0.3% |
| 2008 | S$723 psf | S$840k | 2 | +85.9% |
| 2007 | S$389 psf | S$930k | 2 | -16.3% |
| 2006 | S$465 psf | S$555k | 2 | -27.7% |
| 2001 | S$643 psf | S$753k | 22 | -6.8% |
| 2000 | S$690 psf | S$817k | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Fortune Spring?
9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Fortune Spring sits — in the last 12 months, across all property types.
Active agents · 12mo
9,526
District 15 · closed ≥1 deal
Deals on record
60,896
all-time · all property types
Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Fortune Spring and what's nearby?
Fortune Spring is located in Bedok, in the East Region of Singapore.
Fortune Spring is a freehold apartment completed in 2003. It was developed by FORTUNE DEVELOPMENT PTE LTD. The development has 24 residential units. It sits on a land area of 1,928 sqm and has a gross floor area of 2,699 sqm. The plot ratio is 1.4.
FORTUNE SPRING is located at 7 Palm Road, Singapore 456442. It is part of District 15, Katong / Joo Chiat / Amber Road, Bedok. The project falls within the East Region and the RCR market segment.
The nearest rail connection is Siglap MRT, approximately 333m away, around 5 minutes on foot. Nearby amenities include Bedok Mall for shopping, GOLDEN TICKET SINGAPORE PTE. LTD. for groceries, East Coast Lagoon Food Village for food options, and Tanah Puteh Pk for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Playground, 24 hours security, and Swimming pool.
Who built Fortune Spring and how big is the development?
Fortune Spring was developed by FORTUNE DEVELOPMENT PTE LTD, with 24 units.
- Developer
- FORTUNE DEVELOPMENT PTE LTD
- Blocks
- 1
- Land area
- 1,928 sqm (20,753 sqft)
- Gross floor area
- 2,699 sqm (29,052 sqft)
- Plot ratio
- 1.40
How far is Fortune Spring from MRT and schools?
The nearest MRT/LRT to Fortune Spring is Siglap MRT, about 333 m away (~5 min walk). 1 school is within 1 km.
Getting around
- Siglap MRT333 m · ~5 min
Schools nearby
- Victoria SchoolSecondary schoolwithin 1 km580 m
- Opera Estate Primary SchoolPrimary school1.1 km
- Bedok Green Primary SchoolPrimary school1.4 km
- Victoria Junior CollegeJunior college1.4 km
- St. Patrick's SchoolSecondary school1.6 km
- Temasek Primary SchoolPrimary school1.7 km
- St. Stephen's SchoolPrimary school1.7 km
- Chij Katong ConventSecondary school1.7 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Fortune Spring have?
Fortune Spring has 5 facilities, including Barbeque Area, Basement car park, Playground, 24 hours security, and more.
What does it cost to own a unit at Fortune Spring?
Buying a unit at Fortune Spring (~S$1.20M) needs about S$8,784/mo in income and S$4,041/mo in repayments, after S$32,600 stamp duty and a S$300k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.20M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$32,600
BSD, tiered
Downpayment (25%)
S$300k
cash + CPF
Monthly instalment
S$4,041/mo
30y @ 3.5%
Income required
S$8,784/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Fortune Spring? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Fortune Spring's own transactions.
PropKakiRecent units at Fortune Spring sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Fortune Spring
How much does a unit at Fortune Spring cost?⌄
Units at Fortune Spring have recently transacted around S$1.20M (S$827 psf), from 46 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Fortune Spring?⌄
For a unit around S$1.20M as a first home, you'd need roughly S$8,784/mo in income (assessed at the stress-test rate), with repayments near S$4,041/mo after a S$300k (25%) downpayment and S$32,600 Buyer's Stamp Duty.
Is Fortune Spring a good investment?⌄
Gross rental yield is about 2.5%; median PSF has risen about 61% since 2000. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Fortune Spring going up?⌄
The median transacted PSF at Fortune Spring has risen about 61% between 2000 and 2017, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Fortune Spring freehold or leasehold?⌄
Fortune Spring is freehold — ownership does not expire.
When was Fortune Spring built and who developed it?⌄
Fortune Spring obtained TOP in 2003, developed by FORTUNE DEVELOPMENT PTE LTD, with 24 units across 1 block.
What is the nearest MRT to Fortune Spring?⌄
The nearest MRT/LRT station to Fortune Spring is Siglap MRT, about 333 m away (~5 min walk).
Are there schools near Fortune Spring?⌄
1 school is within 1 km of Fortune Spring, including Victoria School.