FreeholdRCRDistrict 12 (Novena)

Spring Mansion

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2007 (URA)
Quick Summary

Spring Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 1983, with 6 units. Across 14 transactions on record, units have recently transacted around S$418k (S$428 psf, ~1,130 sqft).

Key facts about Spring Mansion
TenureFreehold
TOP year1983
Units6
District and areaDistrict 12 · Novena · RCR
Nearest MRTNovena MRT, 711 m (~11 min walk)
Latest median psfS$428 psf, last 12 URA caveats to Jul 2007
1

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

Key Takeaway

No units at Spring Mansion are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

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

Key Takeaway

Floor plans for Spring Mansion aren't in PropKaki's library yet. Across 14 URA caveats, units range from 958 sqft to 1,130 sqft, and the middle half are 958 sqft to 1,130 sqft.

3

What is the price and PSF at Spring Mansion?

Key Takeaway

Units have recently transacted around S$418k (S$428 psf), at a gross rental yield of about 4.0% (URA caveat data).

Recent median price

S$418k

recent · 14 sales on record

Median PSF

S$428 psf

recent transactions

Median rent (monthly)

S$1,400

31 rentals on record

Gross rental yield

4.0%

indicative, gross

Source: URA caveat data, through Jul 2007.

4

What has recently sold at Spring Mansion?

Key Takeaway

Spring Mansion has 14 recorded sales; the most recent transacted at S$662,000 in Jul 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2007S$662,0001,130S$586 psf
Jul 2007S$560,000958S$585 psf
May 2007S$500,0001,130S$442 psf
Feb 2007S$455,0001,130S$403 psf
Nov 2005S$383,0001,130S$339 psf
Mar 2003S$355,000958S$371 psf
Sept 2002S$500,0001,130S$442 psf
Mar 2002S$400,0001,130S$354 psf
Jul 1999S$410,000958S$428 psf
Dec 1998S$338,000958S$353 psf
Jan 1998S$418,000958S$436 psf
Jul 1996S$603,0001,130S$534 psf

14 sales and 31 rentals on record since Feb 1996. Source: URA.

5

Are prices at Spring Mansion rising?

Key Takeaway

The median transacted PSF at Spring Mansion has fallen 17% over the past 11 years (19962007), from S$535 psf to S$442 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2007S$442 psfS$500k4+24.9%
2002S$354 psfS$400k2+0.3%
1998S$353 psfS$338k2-34.0%
1996S$535 psfS$550k3

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

6

Is Spring Mansion a good investment?

Key Takeaway

Spring Mansion has only 6 resales on record, too few to judge on its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 4.0%. Past resale results don't predict future returns, and this is not financial advice.

District 12 sold for more

87%

of 7,946 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Spring Mansion has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →

7

Where is Spring Mansion and what's nearby?

Key Takeaway

Spring Mansion is located in Novena, in the Central Region of Singapore.

Spring Mansion is a freehold apartment completed in 1983. The development has 6 residential units. It sits on a land area of 488 sqm and has a gross floor area of 1,463 sqm. The plot ratio is 3.0.

SPRING MANSION is located at 578B Balestier Road, Singapore 329889. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Novena MRT, approximately 711m away, around 11 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Novena Rise Pk for greenery and recreation. Facilities in the development include Main entrance.

8

How far is Spring Mansion from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Spring Mansion is Novena MRT, about 711 m away (~11 min walk). 3 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km627 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority684 m
  • Catholic Junior CollegeJunior collegewithin 1 km976 m
  • St. Joseph's Institution JuniorPrimary school1.0 km
  • Anglo-Chinese School (Barker Road)Secondary school1.2 km
  • Kheng Cheng SchoolPrimary school1.2 km
  • Anglo-Chinese School (Primary)Primary school1.3 km
  • Marymount Convent SchoolPrimary school1.6 km

Shops, food & parks

Mall: Square 2 · 685 mSupermarket: NTUC Fairprice Co-operative Ltd · 332 mPark: Novena Rise Pk · 256 m

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

9

Who built Spring Mansion and how big is the development?

Key Takeaway

Spring Mansion was developed by , with 6 units.

Land area
488 sqm (5,253 sqft)
Gross floor area
1,463 sqm (15,748 sqft)
Plot ratio
3.00
10

What facilities does Spring Mansion have?

Key Takeaway

Spring Mansion has 1 facility, including Main entrance.

Main entrance
11

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

Key Takeaway

Buying a unit at Spring Mansion (~S$418k) needs about S$3,060/mo in income and S$1,408/mo in repayments, after S$7,140 stamp duty and a S$105k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$418k) 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$7,140

BSD, tiered

Downpayment (25%)

S$105k

cash + CPF

Monthly instalment

S$1,408/mo

30y @ 3.5%

Income required

S$3,060/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Spring Mansion?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Spring Mansion sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 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 Spring Mansion? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Spring Mansion

Is Spring Mansion freehold?

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

How old is Spring Mansion?

Spring Mansion was completed (obtained TOP) in 1983, so it is about 43 years old.

Is Spring Mansion a good investment?

Spring Mansion has only 6 resales on record, too few to judge on its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 4.0%. Past resale results don't predict future returns, and this is not financial advice.

Is Spring Mansion an EC?

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

What is the price of a condo at Spring Mansion?

Units at Spring Mansion have recently sold for around S$418k (S$428 psf), the median of the last 12 URA caveats to Jul 2007. The price depends on size, floor and facing.

Where is Spring Mansion located?

Spring Mansion is at 578B Balestier Road, Singapore 329889, in Novena (District 12). The nearest MRT station is Novena MRT, about 711 m away.

How many units are there in Spring Mansion?

Spring Mansion has 6 units.

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

For a unit around S$418k as a first home, you'd need roughly S$3,060/mo in income (assessed at the stress-test rate), with repayments near S$1,408/mo after a S$105k (25%) downpayment and S$7,140 Buyer's Stamp Duty.

Are prices at Spring Mansion going up?

The median price per square foot at Spring Mansion has fallen about 17% between 1996 and 2007, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Spring Mansion?

Chij Primary (Toa Payoh) is within 1 km of Spring Mansion. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.