FreeholdCCRDistrict 11 (Novena)

The Springs

Reviewed by Nathan TangUpdated 24 September 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. Across 94 transactions on record, units have recently transacted around S$1.81M (S$1,626 psf, ~1,012 sqft). There are 2 units for sale from S$2.80M to S$2.80M.

Key facts about The Springs
TenureFreehold
TOP year2003
DeveloperBLUEFIELDS INVESTMENTS PTE LTD
Units62 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNovena MRT, 347 m (~5 min walk)
Latest median psfS$1,626 psf, last 12 URA caveats to May 2026
1

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

Key Takeaway

The Springs has 2 units listed for sale, asking S$2.80M to S$2.80M (median S$2,112 psf), and 10 units for rent at a median of S$1,500 a month.

For sale

2 listings

S$2.80M – S$2.80M

For rent

10 listings

S$1,250 – S$4,600 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom2S$2.80M–S$2.80MS$2,112 psf

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

2

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

Key Takeaway

Floor plans for The Springs aren't in PropKaki's library yet. Across 94 URA caveats, units range from 990 sqft to 2,153 sqft, and the middle half are 1,012 sqft to 1,119 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,326 sqftS$2.80M · S$2,112 psf

Check the Floor Plan Finder for The Springs →

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

3

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$3,646

417 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$2,112 psf — about 30% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

4

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 417 rentals on record since Jan 2002. Source: URA.

5

Are prices at The Springs rising?

Key Takeaway

The median transacted PSF at The Springs has risen 146% over the past 19 years (20062025), from S$795 psf to S$1,957 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,957 psfS$1.96M4+25.2%
2019S$1,563 psfS$1.63M4+9.1%
2017S$1,433 psfS$1.45M4-4.6%
2013S$1,502 psfS$1.53M3+12.6%
2011S$1,334 psfS$1.35M3+14.9%
2010S$1,161 psfS$1.25M6+17.5%
2009S$988 psfS$1.05M3-7.8%
2008S$1,072 psfS$1.10M3-0.7%
2007S$1,080 psfS$1.15M11+35.8%
2006S$795 psfS$850k4

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

6

Is The Springs a good investment?

Key Takeaway

Of 41 units at The Springs that were bought and later resold (bought from 2002, resold up to 2026), 90% sold for more than they were bought for, with a median gain of 31% over a median 5.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 30% 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

90%

of 41 resales here

Median gain

31%

gross, before costs

Median hold

5.7 years

bought to resold

Every unit at The 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 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.

8

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.

9

Who built The Springs and how big is the development?

Key Takeaway

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
10

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
11

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

Read how to tell if a condo is profitable →

12

How many property agents are active around The Springs?

Key Takeaway

5,863 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

5,863

District 11 · closed ≥1 deal

Deals on record

30,351

all-time · all property types

Source: CEA public transaction records, attributed to District 11 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 The Springs? Ask before you commit.

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

PropKaki
Is The Springs a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about The Springs

Is The Springs freehold?

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

How old is The Springs?

The Springs was completed (obtained TOP) in 2003, so it is about 23 years old.

Is The Springs a good investment?

Of 41 units at The Springs that were bought and later resold (bought from 2002, resold up to 2026), 90% sold for more than they were bought for, with a median gain of 31% over a median 5.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 30% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Springs an EC?

No. The Springs is a private apartment development, not an executive condominium (EC).

Who is the developer of The Springs?

The Springs was developed by BLUEFIELDS INVESTMENTS PTE LTD.

What is the price of a condo at The Springs?

Units at The Springs have recently sold for around S$1.81M (S$1,626 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 2 units are listed for sale from S$2.80M to S$2.80M.

Where is The Springs located?

The Springs is at 3 Moulmein Rise, Singapore 308144, in Novena (District 11). The nearest MRT station is Novena MRT, about 347 m away.

How many units are there in The Springs?

The Springs has 62 units in 1 block, up to 18 storeys high.

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.

Are prices at The Springs going up?

The median price per square foot at The Springs has risen about 146% between 2006 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 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 get priority in Primary 1 (P1) registration.