FreeholdRCRDistrict 15 (Marine Parade)

Malvern Springs

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2025 (URA)
Quick Summary

Malvern Springs is a freehold condominium in District 15 (Marine Parade) that obtained TOP in 2004, with 75 units across 2 blocks. Across 151 transactions on record, units have recently transacted around S$1.93M (S$1,385 psf, ~1,238 sqft). There are 7 units for sale from S$3.10M to S$7.50M.

1

What are the key facts about Malvern Springs?

Key Takeaway

Malvern Springs is a freehold condominium in District 15 (Marine Parade) that obtained TOP in 2004, with 75 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2004
Developer
TRIPLAN PTE LTD
Total units
75
Blocks
2
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$1,385 psf
Last transacted
May 2025
Remaining lease
Freehold
2

What is the price and PSF at Malvern Springs?

Key Takeaway

Units have recently transacted around S$1.93M (S$1,385 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$1.93M

recent · 151 sales on record

Median PSF

S$1,385 psf

recent transactions

Median rent (monthly)

S$3,796

409 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$1,500 psf — about 8% above the most recent transacted PSF.

Source: URA caveat data, through May 2025.

3

What has recently sold at Malvern Springs?

Key Takeaway

Malvern Springs has 151 recorded sales; the most recent transacted at S$2,218,000 in May 2025 (URA caveat data).

DatePriceSize (sqft)PSF
May 2025S$2,218,000980S$2,264 psf
Apr 2025S$3,300,0002,777S$1,188 psf
Feb 2025S$2,880,0001,324S$2,175 psf
May 2023S$1,820,000980S$1,858 psf
Dec 2022S$2,000,0002,077S$963 psf
Oct 2022S$1,690,000980S$1,725 psf
Mar 2022S$2,788,8882,734S$1,020 psf
Jul 2021S$1,650,0001,238S$1,333 psf
Jan 2021S$1,928,0001,356S$1,422 psf
Nov 2020S$2,338,8882,659S$880 psf
Oct 2020S$1,372,000990S$1,385 psf
Oct 2020S$1,498,8881,076S$1,393 psf

151 sales and 409 rentals on record since Jan 2002. Source: URA.

4

Are prices at Malvern Springs rising?

Key Takeaway

The median transacted PSF at Malvern Springs has risen 237% over the past 15 years (20102025), from S$646 psf to S$2,175 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,175 psfS$2.88M3+113.2%
2022S$1,020 psfS$2.00M3-23.5%
2021S$1,333 psfS$1.65M2-3.8%
2020S$1,385 psfS$1.41M5+38.5%
2019S$1,000 psfS$1.78M2-20.1%
2017S$1,251 psfS$1.40M3+1.1%
2016S$1,237 psfS$1.75M5+31.0%
2012S$944 psfS$1.62M8-13.3%
2011S$1,089 psfS$1.26M9+68.6%
2010S$646 psfS$1.23M8

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Malvern Springs?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Malvern Springs 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.

6

What bedroom types are available at Malvern Springs?

Key Takeaway

Malvern Springs has 7 units listed for sale, spanning 3–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom6S$3.10M–S$4.10MS$1,500 psf
5-bedroom1S$7.50M–S$7.50M
7

Where is Malvern Springs and what's nearby?

Key Takeaway

Malvern Springs is located in Marine Parade, in the Central Region of Singapore.

Malvern Springs is a freehold condominium completed in 2004. It was developed by TRIPLAN PTE LTD. The development has 75 residential units. It sits on a land area of 5,770 sqm and has a gross floor area of 8,078 sqm. The plot ratio is 1.4.

MALVERN SPRINGS is located at 373 Onan Road, Singapore 424775. It is part of District 15, Katong / Joo Chiat / Amber Road, Marine Parade. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Marine Parade MRT, approximately 382m away, around 6 minutes on foot. Nearby amenities include i12 Katong for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Dunman Food Centre for food options, and Haig Walk (Geylang Rd-Dunman Rd) for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Fun pool, Gymnasium room, Jacuzzi, and Playground.

8

Who built Malvern Springs and how big is the development?

Key Takeaway

Malvern Springs was developed by TRIPLAN PTE LTD, with 75 units over up to 5 storeys.

Developer
TRIPLAN PTE LTD
Floors
5 storeys
Blocks
2
Land area
5,770 sqm (62,108 sqft)
Gross floor area
8,078 sqm (86,951 sqft)
Plot ratio
1.40
9

How far is Malvern Springs from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Malvern Springs is Marine Parade MRT, about 382 m away (~6 min walk). 6 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority421 m
  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority684 m
  • Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority804 m
  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km807 m
  • Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority853 m
  • Tanjong Katong Girls' SchoolSecondary schoolwithin 1 km935 m
  • Chung Cheng High School (Main)Secondary school1.4 km
  • Chij Katong ConventSecondary school1.5 km

Shops, food & parks

Mall: i12 Katong · 147 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 147 mHawker centre: Dunman Food Centre · 457 mPark: Haig Walk (Geylang Rd-Dunman Rd) · 359 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does Malvern Springs have?

Key Takeaway

Malvern Springs has 8 facilities, including Barbeque Area, Covered car park, Fun pool, Gymnasium room, and more.

Barbeque AreaCovered car parkFun poolGymnasium roomJacuzziPlayground24 hours securitySwimming pool
11

What does it cost to own a unit at Malvern Springs?

Key Takeaway

Buying a unit at Malvern Springs (~S$1.93M) needs about S$14,114/mo in income and S$6,493/mo in repayments, after S$66,000 stamp duty and a S$482k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.93M) 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$66,000

BSD, tiered

Downpayment (25%)

S$482k

cash + CPF

Monthly instalment

S$6,493/mo

30y @ 3.5%

Income required

S$14,114/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 →

Keep going in the PropKaki app

Thinking about Malvern Springs? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Malvern Springs's own transactions.

PropKaki
Is Malvern Springs a good buy, and what are units selling for?

Recent units at Malvern Springs sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Malvern Springs

How much does a unit at Malvern Springs cost?

Units at Malvern Springs have recently transacted around S$1.93M (S$1,385 psf), from 151 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Malvern Springs?

For a unit around S$1.93M as a first home, you'd need roughly S$14,114/mo in income (assessed at the stress-test rate), with repayments near S$6,493/mo after a S$482k (25%) downpayment and S$66,000 Buyer's Stamp Duty.

Is Malvern Springs a good investment?

Gross rental yield is about 2.4%, and current asking prices sit about 8% above the most recent transacted PSF; median PSF has risen about 237% since 2010. 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 Malvern Springs going up?

The median transacted PSF at Malvern Springs has risen about 237% between 2010 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Malvern Springs freehold or leasehold?

Malvern Springs is freehold — ownership does not expire.

When was Malvern Springs built and who developed it?

Malvern Springs obtained TOP in 2004, developed by TRIPLAN PTE LTD, with 75 units across 2 blocks.

How many units are for sale at Malvern Springs?

There are 7 units for sale at Malvern Springs, from S$3.10M to S$7.50M.

What is the nearest MRT to Malvern Springs?

The nearest MRT/LRT station to Malvern Springs is Marine Parade MRT, about 382 m away (~6 min walk).

Which primary schools are within 1 km of Malvern Springs?

Tanjong Katong Primary School, Haig Girls' School, Chij (Katong) Primary, Tao Nan School are within 1 km of Malvern Springs — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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