The Springs
The Springs is a freehold apartment in District 11 (Novena) that obtained TOP in 2003, with 62 units across 1 block. Across 94 transactions on record, units have recently transacted around S$1.81M (S$1,626 psf, ~1,012 sqft).
What are the key facts about The Springs?
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
What is the price and PSF at The Springs?
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$3,645
412 rentals on record
Gross rental yield
2.4%
indicative, gross
Source: URA caveat data, through May 2026.
What has recently sold at The Springs?
The Springs has 94 recorded sales; the most recent transacted at S$1,810,000 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$1,810,000 | 1,076 | S$1,682 psf |
| Nov 2025 | S$2,800,000 | 1,399 | S$2,001 psf |
| Sept 2025 | S$2,190,000 | 990 | S$2,211 psf |
| Sept 2025 | S$1,938,000 | 990 | S$1,957 psf |
| Aug 2025 | S$1,960,000 | 1,012 | S$1,937 psf |
| Apr 2022 | S$1,750,000 | 1,076 | S$1,626 psf |
| Sept 2021 | S$2,300,000 | 1,367 | S$1,682 psf |
| Dec 2019 | S$1,625,000 | 1,012 | S$1,606 psf |
| Nov 2019 | S$1,750,000 | 1,119 | S$1,563 psf |
| Nov 2019 | S$2,480,000 | 1,884 | S$1,317 psf |
| Oct 2019 | S$1,580,000 | 990 | S$1,595 psf |
| Nov 2017 | S$1,510,000 | 1,012 | S$1,492 psf |
94 sales and 412 rentals on record since Jan 2002. Source: URA.
Are prices at The Springs rising?
The median transacted PSF at The Springs has risen 146% over the past 19 years (2006–2025), from S$795 psf to S$1,957 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,957 psf | S$1.96M | 4 | +25.2% |
| 2019 | S$1,563 psf | S$1.63M | 4 | +9.1% |
| 2017 | S$1,433 psf | S$1.45M | 4 | -4.6% |
| 2013 | S$1,502 psf | S$1.53M | 3 | +12.6% |
| 2011 | S$1,334 psf | S$1.35M | 3 | +14.9% |
| 2010 | S$1,161 psf | S$1.25M | 6 | +17.5% |
| 2009 | S$988 psf | S$1.05M | 3 | -7.8% |
| 2008 | S$1,072 psf | S$1.10M | 3 | -0.7% |
| 2007 | S$1,080 psf | S$1.15M | 11 | +35.8% |
| 2006 | S$795 psf | S$850k | 4 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around The Springs?
5,862 CEA-registered agents closed at least one recorded deal in District 11 — where The Springs sits — in the last 12 months, across all property types.
Active agents · 12mo
5,862
District 11 · closed ≥1 deal
Deals on record
30,333
all-time · all property types
Source: CEA public transaction records, attributed to District 11across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is The Springs and what's nearby?
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.
Who built The Springs and how big is the development?
The Springs was developed by BLUEFIELDS INVESTMENTS PTE LTD, designed by JGP ARCHITECTURE (S) PTE LTD, with 62 units over up to 18 storeys.
- Developer
- BLUEFIELDS INVESTMENTS PTE LTD
- Architect
- JGP ARCHITECTURE (S) PTE LTD
- Main contractor
- CHIU TENG ENTERPRISES PTE LTD
- Floors
- 18 storeys
- Blocks
- 1
- Land area
- 2,270 sqm (24,434 sqft)
- Gross floor area
- 6,357 sqm (68,426 sqft)
- Plot ratio
- 2.80
How far is The Springs from MRT and schools?
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
- Novena MRT347 m · ~5 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Springs have?
The Springs has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, and more.
What does it cost to own a unit at The Springs?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about The Springs? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from The Springs's own transactions.
PropKakiRecent units at The Springs sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Springs
How much does a unit at The Springs cost?⌄
Units at The Springs have recently transacted around S$1.81M (S$1,626 psf), from 94 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at The Springs?⌄
For a unit around S$1.81M as a first home, you'd need roughly S$13,250/mo in income (assessed at the stress-test rate), with repayments near S$6,096/mo after a S$453k (25%) downpayment and S$60,100 Buyer's Stamp Duty.
Is The Springs a good investment?⌄
Gross rental yield is about 2.4%; median PSF has risen about 146% since 2006. 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 The Springs going up?⌄
The median transacted PSF at The Springs has risen about 146% between 2006 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is The Springs freehold or leasehold?⌄
The Springs is freehold — ownership does not expire.
When was The Springs built and who developed it?⌄
The Springs obtained TOP in 2003, developed by BLUEFIELDS INVESTMENTS PTE LTD, with 62 units across 1 block.
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.