Seletar Springs Condominium

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
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Sale Price *

Average
S$ 836 psf
Range
S$ 741 - 900 psf

Rental Price **

Average
S$ 2.3 psf pm
Range
S$ 1.6 - 3.2 psf pm

Rental Yield **

3.3%

Rental income expressed as a percentage of the property's value.

Amenities

2.8
2.8

Convenience

3.6
3.6

Connectivity

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
10 Facilities Available
Barbeque Area
Barbeque Area
Clubhouse
Clubhouse
Fitness corner
Fitness corner
Gymnasium room
Gymnasium room
Playground
Playground
Sauna
Sauna
24 hours security
24 hours security
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Wading pool
Wading pool
Description
Seletar Springs Condominium is a leasehold (99 yrs from 1997) condominium completed in 2000. The development occupies a land area of 34,214 sqm and a Gross Floor Area of 47,899 sqm. It consists of 364 units. According to records, buyers of this development are Singaporean 89.8%, PR 7.6%, Foreigner 1.0%, Company 0.2%.

SELETAR SPRINGS CONDOMINIUM is located along Gerald Drive in Hougang, in District 28. It is accessible through the nearest MRTs including Buangkok NE15 and Sengkang STC, NE16. The nearest schools are PEI HWA SECONDARY SCHOOL and FERNVALE PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 741 psf to S$ 900 psf at an average of S$ 836 psf. Its highest recorded transaction was S$ 905 psf in Jun 2013 for a 1,270-sqft unit. Its lowest recorded transaction was S$ 287 psf in May 2006 for a 2,088-sqft unit. Its current rental yield is at 3.3%.

Other nearby amenities include: 3 Childcare Centre(s): PCF SPARKLETOTS PRESCHOOL@SENGKANG WEST BLK 415A (CC), CAMBRIDGE@FERNVALE PTE. LTD., ICHIBAN MONTESSORI CHILDCARE CENTRE (FERNVALE) PTE. LTD., and 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ SENGKANG WEST Blk 416A (KN), PCF SPARKLETOTS PRESCHOOL @ SENGKANG WEST Blk 436D (KN), PCF SPARKLETOTS PRESCHOOL @ SENGKANG SOUTH Blk 443 (KN), and 1 Shopping Mall: FERNVALE POINT.

Buyers and tenants are attracted to District 28, which comprises of Seletar and a part of Yio Chu Kang. This district is served by the Yio Chu Kang MRT station of the North-South Line and bus service originating from Yishun Bus Interchange. A notable landmark in this district is the Seletar Aerospace Park. The 320ha development is an industrial park in Singapore to cater to the industrial and business aviation industries.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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5
"Nice Condo "
R***** R V
Google Review     |   14 May 2022
5
"Nice condo"
E***** T**
Google Review     |   27 Apr 2022
1
"Lousy"
N* L** H***
Google Review     |   20 Dec 2021
5
"Very peaceful place "
J******* D* A***
Google Review     |   08 Dec 2020
5
"Old and beautiful. Clean and quiet. We cannot find this type of 4 storey condo in Sg anymore. Swimming pool is beautiful."
K***** Y** Â********
Google Review     |   13 Jun 2020
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Floor Plans
100
1
82

SELETAR SPRINGS CONDOMINIUM - 100 - 1 - 82

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
958 - 980 sqft
No. of Units
12
Bedroom Type
2BR
Area
926 - 1399 sqft
No. of Units
184
Bedroom Type
3BR
Area
1302 - 1884 sqft
No. of Units
404
Bedroom Type
4BR
Area
1981 - 2239 sqft
No. of Units
126

Sales Transaction of SELETAR SPRINGS CONDOMINIUM (Limited to 10)

Unit Search
#
There are 84 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

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

Price Trends

Volume Trends

No Data
Rental Transactions of SELETAR SPRINGS CONDOMINIUM
There are 127 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
900 to 1000
2,560
5
-
-
-
1000 to 1100
2,300
2
890,000
1
3.1
1300 to 1400
3,383
3
1,200,000
1
3.4
1500 to 1600
4,700
1
1,333,000
2
4.2
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On MAR 2020
Fernvale Lane
Site Use
EC
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
17,130
Site GFA (sqm)
47,964
Highest Bid ($M)
286.5
Highest Bid ($PSF)
555
Number of BIDS
7
Land ($M)
286.5
Construction ($M)
124.9
Land Financing ($M)
25.1
Profesional / Legal / Taxes ($M)
49.4
Marketing / Others ($M)
29.2
Estimated Total Cost ($M)
515.08
Estimated Breakeven ($psf ppr)
998

Listings

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thumb-images
11
View to Offer

    • 2 beds
    • 2 baths
    • D28
    • 2000
    • 99 years
    • S$ 944 psf
    • 110 Gerald Drive
    edward yeo
    send_enquiry
    thumb-images
    11
    View to Offer

      • 2 beds
      • 2 baths
      • D28
      • 2000
      • 99 years
      • S$ 952 psf
      • 110 Gerald Drive
      Cendrick Ang
      send_enquiry
      thumb-images
      8
      $1,100,000

        • 3 beds
        • 3 baths
        • 9.1 Below Valuation
        • Condominium
        • D28
        • 2000
        • S$ 844 psf
        • 1,300 sqft
        • Gerald Drive
        Dylan Poh
        send_enquiry
        thumb-images
        11
        $1,258,000

          • 3 beds
          • 3 baths
          • D28
          • 2000
          • 99 years
          • S$ 942 psf
          • 100 Gerald Drive
          edward yeo
          send_enquiry
          thumb-images
          11
          $900,888

            • 2 beds
            • 2 baths
            • D28
            • 2000
            • 99 years
            • S$ 920 psf
            • 110 Gerald Drive
            Darren Khew
            send_enquiry
            thumb-images
            11
            $900,888

              • 2 beds
              • 2 baths
              • D28
              • 2000
              • 99 years
              • S$ 920 psf
              • 110 Gerald Drive
              Lim Eng Hua
              send_enquiry
              thumb-images
              11
              $900,888

                • 2 beds
                • 2 baths
                • D28
                • 2000
                • 99 years
                • S$ 920 psf
                • 110 Gerald Drive
                Daniel Liew
                send_enquiry
                thumb-images
                11
                $1,200,000

                  • 2 beds
                  • 2 baths
                  • D28
                  • 2000
                  • 99 years
                  • S$ 944 psf
                  • 100 Gerald Drive
                  Wilson Barnabas Koh
                  send_enquiry

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