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Condo prices · D27

Spring Waters Villas

Jalan Mata Ayer · D27 · Outside central region · Semi-Detached

The median sale at Spring Waters Villas was $6,330,000 — $1,798 psf of land — across six transactions between May 2022 and Nov 2025. 953-year lease from 1931.

Figures here are based on just six sales, which is too few to call a market rate.

Median price
$6,330,000
six sales in the window.
Median per sq ft of land
$1,798 psf
Median unit 3,518 sq ft.
Lease remaining
858 years
953-year lease from 1931

Spring Waters Villas saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$615
$6,330,000 over 858 years remaining.
Per sq ft per year
$2.10
What a square foot of this development costs for one year of lease.
Lease expires
2884
10 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

New sales, sub-sales and resales

A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.

Kind of saleMedian pricePer sq ft of landSales
New sale$6,240,000$1,776 psf4
Resale$6,330,000$1,798 psf2

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2022three sales$1710
  • 2023one sale$1932
  • 2025two sales$1798
Show the figures
YearMedian pricePer sq ft of landSales
2022$6,000,000$1,710 psf3
2023$6,800,000$1,932 psf1
2025$6,330,000$1,798 psf2

Other landed housing in D27

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.