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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 148 projects ›
Median psf
#56 / 148
Typical unit price
#13 / 148
Most recent sale
#9 / 148
Price growth
#21 / 126

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.

About The Springbloom

The Springbloom is a 99-year leasehold development with its lease commencing in 1995 and about 68 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It sees regular transaction activity, with 59 recorded condominium transactions 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) sold for $2,700,000 in 2026-05, and the median price is $1,457 per square foot. Prices here have risen sharply, by about 39.4% over the period (around 7.4% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 68 years remaining is 0.9036, an annual lease decay of about 0.37%. 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.