TROPICAL SPRING
UrbanLens Analysis
At $1,214 PSF, TROPICAL SPRING prices 11% below the District 18 median. Compare that to PARKTOWN RESIDENCE at $2,363 PSF -- a 49% premium that buyers need to justify. Being 4 minutes on foot from Simei MRT (293m) adds genuine convenience and supports the pricing.
The 17.4% two-year surge looks impressive, but momentum like this rarely sustains. Proceed with caution. With 16 deals in two years, the pricing data has reasonable statistical weight. For context, THE TAPESTRY has gained 3.8% over the same period.
Around 70 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
The 242-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| PARKTOWN RESIDENCE | $2,363 | — | 0.0% |
| AURELLE OF TAMPINES | $1,769 | — | 0.0% |
| TREASURE AT TAMPINES | $1,738 | 3.7% | +5.6% |
| THE TAPESTRY | $1,704 | 3.9% | +3.8% |
| MELVILLE PARK | $919 | 4.2% | +3.7% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.