PropKaki
FreeholdCCRDistrict 11 (Novena)

The Springs

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

The Springs is a freehold apartment in District 11 (Novena) that obtained TOP in 2003, with 62 units across 1 block. Units have recently transacted around S$1.81M (S$1,626 psf), from 94 sales on record. There are 3 units for sale from S$1.97M to S$2.15M.

1

What are the key facts about The Springs?

Key Takeaway

The Springs is a freehold apartment in District 11 (Novena) that obtained TOP in 2003, with 62 units across 1 block.

Tenure
Freehold
TOP / Completion
2003
Developer
BLUEFIELDS INVESTMENTS PTE LTD
Total units
62
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,626 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at The Springs?

Key Takeaway

Units have recently transacted around S$1.81M (S$1,626 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$1.81M

recent · 94 sales on record

Median PSF

S$1,626 psf

recent transactions

Median rent (monthly)

S$3,638

408 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$1,998 psf — about 23% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at The Springs?

Key Takeaway

The Springs has 94 recorded sales; the most recent transacted at S$1,810,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,810,0001,076S$1,682 psf
Nov 2025S$2,800,0001,399S$2,001 psf
Sept 2025S$2,190,000990S$2,211 psf
Sept 2025S$1,938,000990S$1,957 psf
Aug 2025S$1,960,0001,012S$1,937 psf
Apr 2022S$1,750,0001,076S$1,626 psf
Sept 2021S$2,300,0001,367S$1,682 psf
Dec 2019S$1,625,0001,012S$1,606 psf
Nov 2019S$1,750,0001,119S$1,563 psf
Nov 2019S$2,480,0001,884S$1,317 psf
Oct 2019S$1,580,000990S$1,595 psf
Nov 2017S$1,510,0001,012S$1,492 psf

94 sales and 408 rentals on record since Jan 2002. Source: URA.

4

What bedroom types are available at The Springs?

Key Takeaway

The Springs has 3 units listed for sale, spanning 2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom3S$1.97M–S$2.15MS$1,998 psf
5

Where is The Springs and what's nearby?

Key Takeaway

The Springs is located in Novena, in the Central Region of Singapore.

The Springs is a freehold apartment completed in 2003. It was developed by BLUEFIELDS INVESTMENTS PTE LTD. The development has 62 residential units. It sits on a land area of 2,270 sqm and has a gross floor area of 6,357 sqm. The plot ratio is 2.8.

THE SPRINGS is located at 3 Moulmein Rise, Singapore 308144. It is part of District 11, Watten Estate / Novena / Thomson, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Novena MRT, approximately 347m away, around 5 minutes on foot. Nearby amenities include Velocity @ Novena Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Pek Kio Market & Food Centre for food options, and Pek Kio Park for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, 24 hours security, and Swimming pool.

6

How far is The Springs from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Springs is Novena MRT, about 347 m away (~5 min walk). 2 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority193 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority879 m
  • Northlight SchoolSecondary school1.0 km
  • Anglo-Chinese School (Barker Road)Secondary school1.2 km
  • Anglo-Chinese School (Primary)Primary school1.2 km
  • Hong Wen SchoolPrimary school1.3 km
  • Anglo-Chinese School (Junior)Primary school1.3 km
  • Catholic Junior CollegeJunior college1.4 km

Shops, food & parks

Mall: Velocity @ Novena Square · 326 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 326 mHawker centre: Pek Kio Market & Food Centre · 518 mPark: Pek Kio Park · 435 m

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

7

What facilities does The Springs have?

Key Takeaway

The Springs has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, and more.

Barbeque AreaBasement car parkGymnasium roomJacuzzi24 hours securitySwimming pool
8

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

Key Takeaway

Buying a unit at The Springs (~S$1.81M) needs about S$13,250/mo in income and S$6,096/mo in repayments, after S$60,100 stamp duty and a S$453k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.81M) 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$60,100

BSD, tiered

Downpayment (25%)

S$453k

cash + CPF

Monthly instalment

S$6,096/mo

30y @ 3.5%

Income required

S$13,250/mo

TDSR @ stress rate

9

Frequently asked questions about The Springs

What is the price at The Springs?

Units at The Springs have recently transacted around S$1.81M (S$1,626 psf), from 94 sales on record (URA caveat data).

What is the PSF at The Springs?

Units for sale at The Springs are asking a median of about S$1,998 psf.

Is The Springs freehold or leasehold?

The Springs is freehold.

When was The Springs built?

The Springs obtained TOP in 2003, developed by BLUEFIELDS INVESTMENTS PTE LTD.

How many units are for sale at The Springs?

There are 3 units for sale at The Springs, from S$1.97M to S$2.15M.

What is the rental yield at The Springs?

Gross rental yield at The Springs is about 2.4%, based on median current rents and prices.

How many units are in The Springs?

The Springs has 62 units across 1 block.

What facilities does The Springs have?

The Springs has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, 24 hours security, Swimming pool.

What is the nearest MRT to The Springs?

The nearest MRT/LRT station to The Springs is Novena MRT, about 347 m away (~5 min walk).

Which primary schools are within 1 km of The Springs?

St. Joseph's Institution Junior, Farrer Park Primary School are within 1 km of The Springs — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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