THE SPRINGBLOOM
SERANGOON AVENUE 3 · District 19 · 99 yrs lease commencing from 1995
Median Price
S$1.9M
Price Range
S$999K - S$2.9M
Tenure
Leasehold
Avg Rent
S$3.73 psf
What is the price of THE SPRINGBLOOM?
The median transaction price at THE SPRINGBLOOM is S$1,950,000, based on 60 URA-recorded transactions. Prices range from S$999K to S$2.9M. THE SPRINGBLOOM is a leasehold development on SERANGOON AVENUE 3 in District 19 (Serangoon/Hougang). High-floor units cost 12% more than low-floor units. Average rent is S$3.73 per square foot per month.
THE SPRINGBLOOM Price Analysis
THE SPRINGBLOOM is a leasehold development on SERANGOON AVENUE 3 in District 19 (Serangoon/Hougang). According to URA transaction records, 60 private residential transactions have been recorded at this development, with a median price of S$1,950,000. Prices range from S$999K for the smallest units to S$2.9M for premium configurations.
The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,040,000. Larger units (5+ bed (170+ sqm)) trade at S$2,545,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at THE SPRINGBLOOM. High-floor units (06-10) command a median of S$2,068,888, while low-floor units (01-05) sell for S$1,850,000. That is a 12% premium for higher floors, worth S$219K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, THE SPRINGBLOOM commands an average of S$3.73 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.0%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$1.0M | 83 sqm | 4 |
| 3-Bed (100-130 sqm) | S$1.8M | 113 sqm | 28 |
| 4-Bed (130-170 sqm) | S$2.3M | 143 sqm | 24 |
| 5+ Bed (170+ sqm) | S$2.5M | 177 sqm | 4 |
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What is the average price of THE SPRINGBLOOM?
The median transaction price at THE SPRINGBLOOM is S$1,950,000, based on 60 URA-recorded transactions. Prices range from S$999K to S$2.9M.
Does floor level affect prices at THE SPRINGBLOOM?
Yes. High-floor units (06-10) sell for a median of S$2,068,888, while low-floor units (01-05) sell for S$1,850,000. That is a 12% premium for higher floors.
What is the rental rate at THE SPRINGBLOOM?
The average rental rate at THE SPRINGBLOOM is approximately S$3.73 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.