Average Rental Yield Analysis
Source: URA, https://www.edgeprop.sg
*Based on transactions and rents in the past 6 months.
The Springfield
Details
No data |
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
Facilities
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Description
The Springfield is a leasehold (99 yrs from 1995) terrace house, cluster house. The development occupies a land area of 17,238 sqm. It consists of 110 units. According to records, buyers of this development are Singaporean 92.7%, PR 3.3%, Foreigner 0.8%, Company 0.0%.
THE SPRINGFIELD is located along Chempaka Kuning Link in Bedok, in District 16. It is accessible through the nearest MRTs including Tanah Merah EW4 and Simei EW3.
Based on transaction data in the last 12 months, sale prices range from S$ 829 psf to S$ 946 psf at an average of S$ 878 psf. Its highest recorded transaction was S$ 1,056 psf in May 2022 for a 2,368-sqft unit. Its lowest recorded transaction was S$ 268 psf in Dec 2006 for a 2,422-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: East Village.
Buyers and tenants are attracted to District 16, which comprises of Bedok and Upper East Coast Road. Properties in this district contain a mixture of public and private housing estates with industrial areas. This district is served by the Bedok, Tanah Merah and Kembangan MRT stations on the East-West Line and the Bedok North MRT and Bedok Reservoir MRT stations of the Downtown Line. Bedok is one of the most highly populated planning areas in Singapore due to the affordable public housing in the town. It is a modern neighbourhood with easy accessibility to natural landmarks, such as the Bedok Reservoir. The Outdoor Play Corridor completed in 2018 will also link Bedok Reservoir to East Coast Park via dedicated cycling and pedestrian paths. Shopping and dining options are available at Bedok Mall, a major shopping mall in the heart of Bedok. It is connected to Bedok Integrated Transport Hub, which houses Bedok MRT station and bus interchange.
With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
THE SPRINGFIELD is located along Chempaka Kuning Link in Bedok, in District 16. It is accessible through the nearest MRTs including Tanah Merah EW4 and Simei EW3.
Based on transaction data in the last 12 months, sale prices range from S$ 829 psf to S$ 946 psf at an average of S$ 878 psf. Its highest recorded transaction was S$ 1,056 psf in May 2022 for a 2,368-sqft unit. Its lowest recorded transaction was S$ 268 psf in Dec 2006 for a 2,422-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: East Village.
Buyers and tenants are attracted to District 16, which comprises of Bedok and Upper East Coast Road. Properties in this district contain a mixture of public and private housing estates with industrial areas. This district is served by the Bedok, Tanah Merah and Kembangan MRT stations on the East-West Line and the Bedok North MRT and Bedok Reservoir MRT stations of the Downtown Line. Bedok is one of the most highly populated planning areas in Singapore due to the affordable public housing in the town. It is a modern neighbourhood with easy accessibility to natural landmarks, such as the Bedok Reservoir. The Outdoor Play Corridor completed in 2018 will also link Bedok Reservoir to East Coast Park via dedicated cycling and pedestrian paths. Shopping and dining options are available at Bedok Mall, a major shopping mall in the heart of Bedok. It is connected to Bedok Integrated Transport Hub, which houses Bedok MRT station and bus interchange.
With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
What they say
Live Here? Tell us more
2.2
"Avoid buying a place here!!!! I regret it terribly and am stuck wt the home. Horrible horrible place and maintenance. Rodents/rats infested, badly needs a fresh paint job, no privacy cos ppl peek into ur home - nosy neighbours, basement carpark is a major eyesore!! I am embarrassed to have guests over as the basement carpark looks like a shabby storage area!! Horrible neighbours, security myt as well not exist, maintenance is also really horrible. FYI - NOT WHEELCHAIR OR STROLLER FRIENDLY AT ALL AND THEY HAVE NO PLANS TO RECTIFY THIS WT A SIMPLE SMALL LIFT. Not worth ur penny especially when there are so many better options around. Agent really mislead us by painting such a beautiful picture of this place."
J************1@gmail.com
Owner | 05 Jun 2022
5
"Beautiful place with friendly neighbourhood."
R**** B***
Google Review | 14 Apr 2021
2
"Nice quiet place with decent amenities and good neighbors (in my personal experience). However the general care for the estate is quite pathetic. The main problem being the lazy and honestly incompetent MC, office being frequently closed or uncontactable, hiring contractors who cut corners and dont do work properly and being extremely slow and unwilling to resolve important issues regarding the fence, back gates, and basement water pump clog/leaks. Disappointing because this place has so much potential."
L**** P***
Google Review | 02 May 2020
4
"Townhouse living, nice neighbours to my friend living there"
K* L**
Google Review | 06 Feb 2018
5
"Quiet place to call a home"
A**** C***
Google Review | 05 Nov 2017
4
"Town houses with condo concept. But the inside of the houses are very small. All units have basement access to basment carpark keeping u dry during rainy days."
A**** Y**
Google Review | 08 Mar 2017
Live Here? Tell us more
Nearby Amenities
Source: URA, www.edgeprop.sg
All Nearby Amenities
Within 500m
Transport
School
Eat & Shop
Others
Bus Stops
15Size Distribution
Source: URA, https://www.edgeprop.sg
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Source: URA, https://www.edgeprop.sg
Sales Transaction of THE SPRINGFIELD
Source: URA, https://www.edgeprop.sg
ALL SALES TRANSACTION (0)
PROFITABLE SALES (0)
UNPROFITABLE SALES (0)
ALL ABORTED TRANSACTION (0)
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Asking Price of THE SPRINGFIELD
Source: URA, https://www.edgeprop.sg
For Sales
For Rent
Developer's Selling Prices
Note: Based on developer's monthly submission to URA
Source: URA, https://www.edgeprop.sg
Developer's Sales
Note: Based on developer's monthly submission to URA
Source: URA, https://www.edgeprop.sg
Rental Transactions of THE SPRINGFIELD
Source: URA, https://www.edgeprop.sg
Rental Trends
Source: URA, https://www.edgeprop.sg
Historical Quarterly Rental
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.
Nearby Land Sales
| Status | Street Name | Location | Land Attributes | Estimated Breakeven |
|---|---|---|---|---|
| - | ||||
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