FreeholdRCRDistrict 5 (Queenstown)

Mendon Spring

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2026 (URA)
Quick Summary

Mendon Spring is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2002, with 48 units across 1 block. Across 51 transactions on record, units have recently transacted around S$1.30M (S$1,221 psf, ~1,055 sqft). There are 2 units for sale from S$1.59M to S$1.59M.

Key facts about Mendon Spring
TenureFreehold
TOP year2002
Units48 in 1 block
District and areaDistrict 5 · Queenstown · RCR
Nearest MRTPasir Panjang MRT, 483 m (~8 min walk)
Latest median psfS$1,221 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Mendon Spring?

Key Takeaway

Mendon Spring has 2 units listed for sale, asking S$1.59M to S$1.59M, and 4 units for rent at a median of S$1,150 a month.

For sale

2 listings

S$1.59M – S$1.59M

For rent

4 listings

S$1,150 – S$1,850 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom2S$1.59M–S$1.59M

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

2

What are the floor plans and unit sizes at Mendon Spring?

Key Takeaway

Floor plans for Mendon Spring aren't in PropKaki's library yet. Across 51 URA caveats, units range from 1,055 sqft to 1,066 sqft, and the middle half are 1,055 sqft to 1,066 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,055 sqftS$1.59M

Check the Floor Plan Finder for Mendon Spring →

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

3

What is the price and PSF at Mendon Spring?

Key Takeaway

Units have recently transacted around S$1.30M (S$1,221 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.30M

recent · 51 sales on record

Median PSF

S$1,221 psf

recent transactions

Median rent (monthly)

S$2,817

270 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through Jul 2026.

4

What has recently sold at Mendon Spring?

Key Takeaway

Mendon Spring has 51 recorded sales; the most recent transacted at S$1,470,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$1,470,0001,055S$1,394 psf
Apr 2026S$1,595,0001,055S$1,512 psf
Jun 2025S$1,490,0001,055S$1,412 psf
Dec 2024S$1,350,0001,055S$1,280 psf
Dec 2024S$1,350,0001,066S$1,267 psf
Nov 2024S$1,350,0001,055S$1,280 psf
Oct 2024S$1,300,0001,066S$1,220 psf
Feb 2023S$1,288,0001,055S$1,221 psf
Dec 2022S$1,278,0001,055S$1,212 psf
Nov 2022S$1,288,0001,055S$1,221 psf
Sept 2022S$1,278,0001,055S$1,212 psf
Sept 2022S$1,288,0001,066S$1,209 psf

51 sales and 270 rentals on record since Jul 2003. Source: URA.

5

Are prices at Mendon Spring rising?

Key Takeaway

The median transacted PSF at Mendon Spring has risen 112% over the past 19 years (20072026), from S$657 psf to S$1,394 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,394 psfS$1.47M2+10.0%
2024S$1,267 psfS$1.35M4+4.5%
2022S$1,212 psfS$1.28M5+19.3%
2021S$1,016 psfS$1.08M2+20.2%
2017S$845 psfS$900k2-10.9%
2016S$948 psfS$1.00M2+4.2%
2012S$910 psfS$960k2+20.1%
2010S$758 psfS$800k4+6.3%
2009S$713 psfS$760k5+8.5%
2007S$657 psfS$700k9

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

6

Is Mendon Spring a good investment?

Key Takeaway

Of 19 units at Mendon Spring that were bought and later resold (bought from 2003, resold up to 2026), 95% sold for more than they were bought for, with a median gain of 25% over a median 3.5-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

95%

of 19 resales here

Median gain

25%

gross, before costs

Median hold

3.5 years

bought to resold

Every unit at Mendon Spring 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 Mendon Spring and what's nearby?

Key Takeaway

Mendon Spring is located in Queenstown, in the Central Region of Singapore.

Mendon Spring is a freehold apartment completed in 2002. The development has 48 residential units. It sits on a land area of 3,690 sqm and has a gross floor area of 5,140 sqm. The plot ratio is 1.4.

MENDON SPRING is located at 198 Pasir Panjang Road, Singapore 117526. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Pasir Panjang MRT, approximately 483m away, around 8 minutes on foot. Nearby amenities include Pasir Panjang Food Centre for food options and Chwee Chian Playground for greenery and recreation.

8

How far is Mendon Spring from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Mendon Spring is Pasir Panjang MRT, about 483 m away (~8 min walk).

Getting around

Shops, food & parks

Hawker centre: Pasir Panjang Food Centre · 508 mPark: Chwee Chian Playground · 166 m

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

9

Who built Mendon Spring and how big is the development?

Key Takeaway

Mendon Spring was developed by , with 48 units.

Blocks
1
Land area
3,690 sqm (39,719 sqft)
Gross floor area
5,140 sqm (55,326 sqft)
Plot ratio
1.40
10

What does it cost to own a unit at Mendon Spring?

Key Takeaway

Buying a unit at Mendon Spring (~S$1.30M) needs about S$9,516/mo in income and S$4,378/mo in repayments, after S$36,600 stamp duty and a S$325k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.30M) 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$36,600

BSD, tiered

Downpayment (25%)

S$325k

cash + CPF

Monthly instalment

S$4,378/mo

30y @ 3.5%

Income required

S$9,516/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Mendon Spring?

Key Takeaway

8,573 CEA-registered agents closed at least one recorded deal in District 5 — where Mendon Spring sits — in the last 12 months, across all property types.

Active agents · 12mo

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

Source: CEA public transaction records, attributed to District 5 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 Mendon Spring? Ask before you commit.

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

PropKaki
Is Mendon Spring a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Mendon Spring

Is Mendon Spring freehold?

Yes. Mendon Spring is freehold, so ownership does not run out.

How old is Mendon Spring?

Mendon Spring was completed (obtained TOP) in 2002, so it is about 24 years old.

Is Mendon Spring a good investment?

Of 19 units at Mendon Spring that were bought and later resold (bought from 2003, resold up to 2026), 95% sold for more than they were bought for, with a median gain of 25% over a median 3.5-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 Mendon Spring an EC?

No. Mendon Spring is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Mendon Spring?

Units at Mendon Spring have recently sold for around S$1.30M (S$1,221 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 2 units are listed for sale from S$1.59M to S$1.59M.

Where is Mendon Spring located?

Mendon Spring is at 198 Pasir Panjang Road, Singapore 117526, in Queenstown (District 5). The nearest MRT station is Pasir Panjang MRT, about 483 m away.

How many units are there in Mendon Spring?

Mendon Spring has 48 units in 1 block.

How much do I need to earn to buy at Mendon Spring?

For a unit around S$1.30M as a first home, you'd need roughly S$9,516/mo in income (assessed at the stress-test rate), with repayments near S$4,378/mo after a S$325k (25%) downpayment and S$36,600 Buyer's Stamp Duty.

Are prices at Mendon Spring going up?

The median price per square foot at Mendon Spring has risen about 112% between 2007 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.