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The Springbloom

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (68 yrs left) · Updated May 2026

The Springbloom is a 99-year lease (68 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 59 recorded private transactions. Latest sale: $2,700,000 (May 2026, 174 sqm, floors 01-05). Median $1,457/sqft. Prices up 39.4% over the period. 68 years lease remaining.

Latest Sale
$2,700,000
May 2026 · 174 sqm
Median Price
$1,457/sqft
$2,022,888 typical unit
Transactions
59
$918–$1,700 psf
Price Trend
▲ 39.4%
~7.4% a year

Where The Springbloom ranks in District 19

All 147 projects ›
Median psf
Top 39%
#57 / 147 Top 39%
Typical unit price
Top 9%
#13 / 147 Top 9%
Most recent sale
Top 5%
#8 / 147 Top 5%
Price growth
Top 14%
#18 / 126 Top 14%

Median psf over time

Estimate a unit at The Springbloom

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +7.4%/yr
Lease decay −0.37%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

68 yrs
Remaining lease
0.37%
Annual decay (Bala's Table)
1995
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.37% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,383 16
06-10 $1,502 22
11-15 $1,491 14
16-20 $1,481 7

Recent transactions

DateFloorType AreaPricepsf
May 2026 01-05 Resale 174 sqm $2,700,000 $1,442
Mar 2026 11-15 Resale 121 sqm $2,190,000 $1,681
Mar 2026 01-05 Resale 134 sqm $2,250,000 $1,560
Oct 2025 11-15 Resale 153 sqm $2,800,000 $1,700
Sep 2025 11-15 Resale 104 sqm $1,800,000 $1,608
Sep 2025 01-05 Resale 149 sqm $2,250,000 $1,403
Sep 2025 01-05 Resale 172 sqm $2,765,000 $1,493
Aug 2025 06-10 Resale 153 sqm $2,720,000 $1,652
Aug 2025 06-10 Resale 121 sqm $2,180,000 $1,674
Jul 2025 01-05 Resale 104 sqm $1,780,000 $1,590
Jul 2025 06-10 Resale 153 sqm $2,740,000 $1,664
May 2025 16-20 Resale 104 sqm $1,880,000 $1,679
Apr 2025 06-10 Resale 105 sqm $1,820,000 $1,610
Feb 2025 16-20 Resale 121 sqm $2,088,000 $1,603
Jan 2025 06-10 Resale 137 sqm $2,280,000 $1,546
Dec 2024 11-15 Resale 133 sqm $2,260,000 $1,579
Dec 2024 06-10 Resale 153 sqm $2,700,000 $1,639
Aug 2024 06-10 Resale 121 sqm $2,068,000 $1,588
Aug 2024 11-15 Resale 143 sqm $2,462,000 $1,599
Apr 2024 06-10 Resale 121 sqm $2,022,888 $1,553
Apr 2024 01-05 Resale 181 sqm $2,860,000 $1,468
Apr 2024 01-05 Resale 135 sqm $2,200,000 $1,514
Mar 2024 11-15 Resale 121 sqm $2,058,000 $1,580
Feb 2024 06-10 Resale 121 sqm $2,068,888 $1,588
Jan 2024 01-05 Resale 105 sqm $1,540,000 $1,363
Showing 25 of 59 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

The Springbloom is inside the 1 km Primary 1 priority zone for 4 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to The Springbloom, with their median resale psf. Useful for comparing what The Springbloom costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About The Springbloom

The Springbloom in District 19 (Serangoon Gardens / Hougang / Punggol) is a 99-year leasehold condominium development with roughly 68 years of lease left, which makes remaining lease a meaningful price driver here. Its $1,457 psf median tracks close to the District 19 median. It has a regular flow of transactions, with 59 sales between 2021-09 and 2026-05, ranging from $1,000,000 to $2,860,000. The most recent transaction was a 174 sqm unit (floors 01-05) at $2,700,000 in May 2026, and the median is $1,457 psf. Over the data window, prices here are up about 39.4% (about 7.4% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Springbloom cost?

The most recent transaction at The Springbloom was $2,700,000 for a 174 sqm unit in 2026-05. The median price is $1,457 per square foot across 59 transactions, ranging from $1,000,000 to $2,860,000. Data sourced from URA.

Is The Springbloom freehold or leasehold?

The Springbloom is on a 99-year lease commencing in 1995, with approximately 68 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.37%.

What is the price per square foot (psf) at The Springbloom?

The median price at The Springbloom is $1,457 psf, with transactions ranging from $918 to $1,700 psf. This is based on 59 URA-recorded transactions in District 19.

Have prices at The Springbloom gone up or down?

Prices at The Springbloom have increased by approximately 39.4% over the data period (around 7.4% a year). The median price is currently $1,457 psf, with the most recent sale at $2,700,000 in 2026-05.