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Condo prices · D16

The Springfield

Chempaka Kuning Link · D16 · Outside central region · Strata Terrace

The median sale at The Springfield was $2,050,000 — $846 psf — across 27 transactions between Dec 2021 and May 2026. 99-year lease from 1995.

Median price
$2,050,000
27 sales in the window.
Median per sq ft
$846 psf
Median unit 2,368 sq ft.
Lease remaining
68 years
99-year lease from 1995

The Springfield saw two sales 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
$2,512
$2,050,000 over 68 years remaining.
Per sq ft per year
$12.73
What a square foot of this development costs for one year of lease.
Lease expires
2094
31 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.

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.

  • 2021two sales$764
  • 202210 sales$813
  • 2023two sales$817
  • 2024seven sales$904
  • 2025five sales$949
  • 2026one sale$1047
Show the figures
YearMedian pricePer sq ftSales
2021$1,800,000$764 psf2
2022$2,000,000$813 psf10
2023$2,000,000$817 psf2
2024$2,150,000$904 psf7
2025$2,216,800$949 psf5
2026$2,480,000$1,047 psf1

Other landed housing in D16

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.