FreeholdRCRDistrict 15 (Marine Parade)

Malvern Springs

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2026 (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 152 transactions on record, units have recently transacted around S$2.00M (S$1,385 psf, ~1,324 sqft). There are 9 units for sale from S$3.10M to S$7.50M.

Key facts about Malvern Springs
TenureFreehold
TOP year2004
DeveloperTRIPLAN PTE LTD
Units75 in 2 blocks
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTMarine Parade MRT, 382 m (~6 min walk)
Latest median psfS$1,385 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Malvern Springs?

Key Takeaway

Malvern Springs has 9 units listed for sale, asking S$3.10M to S$7.50M (median S$1,500 psf), and 3 units for rent at a median of S$8,700 a month.

For sale

9 listings

S$3.10M – S$7.50M

For rent

3 listings

S$8,700 – S$9,880 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom7S$3.10M–S$4.10MS$1,500 psf
5-bedroom2S$7.50M–S$7.50M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Malvern Springs?

Key Takeaway

Floor plans for Malvern Springs aren't in PropKaki's library yet. Across 152 URA caveats, units range from 980 sqft to 2,831 sqft, and the middle half are 1,119 sqft to 1,991 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,324 sqft to 2,831 sqftS$3.10M · S$1,500 psf
5-bedroom5,185 sqft to 5,415 sqftS$7.50M

Check the Floor Plan Finder for Malvern Springs →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Malvern Springs?

Key Takeaway

Units have recently transacted around S$2.00M (S$1,385 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$2.00M

recent · 152 sales on record

Median PSF

S$1,385 psf

recent transactions

Median rent (monthly)

S$3,814

412 rentals on record

Gross rental yield

2.3%

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 Jul 2026.

4

What has recently sold at Malvern Springs?

Key Takeaway

Malvern Springs has 152 recorded sales; the most recent transacted at S$2,780,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$2,780,0001,324S$2,100 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

152 sales and 412 rentals on record since Jan 2002. Source: URA.

5

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.

6

Is Malvern Springs a good investment?

Key Takeaway

Of 79 units at Malvern Springs that were bought and later resold (bought from 2002, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 37% over a median 6.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Units listed now ask about 8% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

91%

of 79 resales here

Median gain

37%

gross, before costs

Median hold

6.7 years

bought to resold

Every unit at Malvern Springs with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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$2.00M) needs about S$14,641/mo in income and S$6,736/mo in repayments, after S$69,600 stamp duty and a S$500k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.00M) 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$69,600

BSD, tiered

Downpayment (25%)

S$500k

cash + CPF

Monthly instalment

S$6,736/mo

30y @ 3.5%

Income required

S$14,641/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Malvern Springs?

Key Takeaway

9,527 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

9,527

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.

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…
13

Frequently asked questions about Malvern Springs

Is Malvern Springs freehold?

Yes. Malvern Springs is freehold, so ownership does not run out.

How old is Malvern Springs?

Malvern Springs was completed (obtained TOP) in 2004, so it is about 22 years old.

Is Malvern Springs a good investment?

Of 79 units at Malvern Springs that were bought and later resold (bought from 2002, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 37% over a median 6.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Units listed now ask about 8% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Malvern Springs an EC?

No. Malvern Springs is a private condominium, not an executive condominium (EC).

Who is the developer of Malvern Springs?

Malvern Springs was developed by TRIPLAN PTE LTD.

What is the price of a condo at Malvern Springs?

Units at Malvern Springs have recently sold for around S$2.00M (S$1,385 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 9 units are listed for sale from S$3.10M to S$7.50M.

Where is Malvern Springs located?

Malvern Springs is at 373 Onan Road, Singapore 424775, in Marine Parade (District 15). The nearest MRT station is Marine Parade MRT, about 382 m away.

How many units are there in Malvern Springs?

Malvern Springs has 75 units in 2 blocks, up to 5 storeys high.

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

For a unit around S$2.00M as a first home, you'd need roughly S$14,641/mo in income (assessed at the stress-test rate), with repayments near S$6,736/mo after a S$500k (25%) downpayment and S$69,600 Buyer's Stamp Duty.

Are prices at Malvern Springs going up?

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

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 get priority in Primary 1 (P1) registration.