Fortune Spring
Fortune Spring is a freehold apartment in District 15 (Bedok) that obtained TOP in 2003, with 24 units across 1 block. Across 47 transactions on record, units have recently transacted around S$1.20M (S$870 psf, ~1,152 sqft).
| Tenure | Freehold |
|---|---|
| TOP year | 2003 |
| Developer | FORTUNE DEVELOPMENT PTE LTD |
| Units | 24 in 1 block |
| District and area | District 15 · Bedok · RCR |
| Nearest MRT | Siglap MRT, 333 m (~5 min walk) |
| Latest median psf | S$870 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at Fortune Spring?
Fortune Spring has 0 units listed for sale, and 5 units for rent at a median of S$4,900 a month.
For sale
0 listings
no asking prices
For rent
5 listings
S$4,200 – S$4,900 a month
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Fortune Spring?
Floor plans for Fortune Spring aren't in PropKaki's library yet. Across 47 URA caveats, units range from 1,023 sqft to 2,390 sqft, and the middle half are 1,076 sqft to 2,088 sqft.
Check the Floor Plan Finder for Fortune Spring →
Unit sizes from URA caveats.
What is the price and PSF at Fortune Spring?
Units have recently transacted around S$1.20M (S$870 psf), at a gross rental yield of about 2.6% (URA caveat data).
Recent median price
S$1.20M
recent · 47 sales on record
Median PSF
S$870 psf
recent transactions
Median rent (monthly)
S$2,553
72 rentals on record
Gross rental yield
2.6%
indicative, gross
Source: URA caveat data, through Aug 2026.
What has recently sold at Fortune Spring?
Fortune Spring has 47 recorded sales; the most recent transacted at S$1,720,000 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$1,720,000 | 1,130 | S$1,522 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 |
47 sales and 72 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.
Is Fortune Spring a good investment?
Of 22 units at Fortune Spring that were bought and later resold (bought from 2000, resold up to 2026), 82% sold for more than they were bought for, with a median gain of 24% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
82%
of 22 resales here
Median gain
24%
gross, before costs
Median hold
5.9 years
bought to resold
Every unit at Fortune Spring with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around Fortune Spring?
9,527 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
9,527
District 15 · closed ≥1 deal
Deals on record
60,936
all-time · all property types
Source: CEA public transaction records, attributed to District 15 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Fortune Spring freehold?⌄
Yes. Fortune Spring is freehold, so ownership does not run out.
How old is Fortune Spring?⌄
Fortune Spring was completed (obtained TOP) in 2003, so it is about 23 years old.
Is Fortune Spring a good investment?⌄
Of 22 units at Fortune Spring that were bought and later resold (bought from 2000, resold up to 2026), 82% sold for more than they were bought for, with a median gain of 24% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.
Is Fortune Spring an EC?⌄
No. Fortune Spring is a private apartment development, not an executive condominium (EC).
Who is the developer of Fortune Spring?⌄
Fortune Spring was developed by FORTUNE DEVELOPMENT PTE LTD.
What is the price of a condo at Fortune Spring?⌄
Units at Fortune Spring have recently sold for around S$1.20M (S$870 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing.
Where is Fortune Spring located?⌄
Fortune Spring is at 7 Palm Road, Singapore 456442, in Bedok (District 15). The nearest MRT station is Siglap MRT, about 333 m away.
How many units are there in Fortune Spring?⌄
Fortune Spring has 24 units in 1 block.
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.
Are prices at Fortune Spring going up?⌄
The median price per square foot at Fortune Spring has risen about 61% between 2000 and 2017, based on URA caveats. The year-by-year figures are in the price-trend table above.