Guocoland Sells 92 Units Springleaf Residence Average Price 2175 Psf

Located next to Yishun MRT station, one of the main retail hubs near Miltonia Close EC is Northpoint City. It is the largest shopping mall in northern Singapore, offering a wide array of options with over 500 retail and dining choices. Northpoint City is an all-encompassing lifestyle destination, featuring a variety of supermarkets, a food court, multiple restaurants, fashion boutiques, bookstores, and even a library. For daily grocery needs, FairPrice and Cold Storage are conveniently available, while dining options range from local delights to well-known international chains. Japanese, Korean, Western, and traditional hawker-style dishes can all be found under one roof, making Northpoint City the perfect spot for errands, casual meals, family outings, and weekend entertainment. Miltonia EC residents can easily access this bustling mall for all their shopping and dining needs.

Springleaf Residence is the best-selling project in 2025, with 870 of 941 units sold on launch weekendGuocoLand and Hong Leong’s Springleaf Residence saw a strong response from buyers during its launch weekend on August 15 and 16.According to the joint developers, 870 units were sold, making it the best-selling project of the year so far in terms of number of units sold. This represents an overall take-up rate of 92%.The average price of units sold was $2,175 psf. The development comprises 941 units, with a mix of one- to five-bedroom units and 32 units in a conservation block.Within the five 25-storey towers, almost all of the 340 two-bedroom units were sold out. 95% of the 384 three-bedroom units and 138 four-bedroom units were also taken up. The five-bedroom units saw a take-up rate of 45% with 71 units sold.Dora Chng, residential director at GuocoLand, credits the strong demand to the growth potential of the Springleaf area and the Urban Redevelopment Authority’s (URA) vision of it as a vibrant neighbourhood with a balance of urban and natural lifestyles. She adds that this marks the start of Springleaf’s transformation into one of Singapore’s most sought-after residential enclaves.Get the latest updates on available units and prices for Springleaf Residence.Indicative prices for the development started from $860,000 for a 388 sq ft one-bedroom unit, around $1.08 million for two-bedroom units, $1.62 million for three-bedroom units, and $2.45 million for four-bedroom units. According to Kelvin Fong, CEO of PropNex, the units were priced appropriately for the current market conditions, with most falling below the $2.5 million mark which is accessible to many buyers.The average price of $2,175 psf at Springleaf Residence is comparatively lower than recent transacted prices of new mass-market homes. In the period from January to August 10, 2025, the average unit price for new non-landed private homes sold in the Outside Central Region (excluding executive condos) was nearly $2,320 psf. According to Fong, this makes the development a compelling choice for buyers.Singaporeans and permanent residents made up most of the buyers, with a mix of singles, young couples, families and multi-generational households. According to Marcus Chu, CEO of ERA Singapore, the buyers included local private property residents in the Springleaf area and HDB upgraders from nearby estates. Between 2022 and 2025, 4,800 flats in nearby HDB estates would have reached their minimum occupation period, according to ERA Research and Market Intelligence.20 out of 32 units in the conservation block were sold. All eight one- and two-bedroom units were taken, while four out of 16 three-bedroom units were sold, leaving 12 available. Mohan Sandrasegeran, SRI head of research, attributes the popularity of these units to their unique location and character. He also notes that these units are more spacious than their counterparts in the main towers, making them a rare opportunity to experience a blend of timeless architecture and modern living.Springleaf Residence’s main appeal is its seamless integration with nature and community spaces, providing a distinctive lifestyle for those who value identity, design and a closer connection to home, according to Sandrasegeran.Don’t miss out on available units and prices for Springleaf Residence.Situated close to Singapore’s largest nature reserve, with a two-minute walk to Springleaf MRT Station and easy access to Orchard Road, the CBD, Changi Airport and Johor Bahru via the Thomson-East Coast Line, Springleaf Residence boasts an enviable location.ERA’s Chu believes that this location, coupled with the strong demand seen at the development, is a sign that mega-developments near MRT stations bring strong returns to early buyers.The success of Springleaf Residence is also expected to boost developer confidence in the Upper Thomson Road (Parcel A) land sale tender, says Mark Yip, CEO of Huttons Asia. This tender closes on October 23 and is expected to fetch bids in the range of $900 to $1,000 psf per plot ratio.The sales at Springleaf Residence also make it the second best-selling project in 2025, after ParkTown Residences, where 1,041 of 1,193 units were sold during its launch in February. In addition, the strong sales at other developments such as River Green, Promenade Peak, Canberra Crescent Residences and Springleaf Residence have pushed the total new private home sales in August to more than 1,800 units, leading PropNex to predict that this month will be the strongest for new home sales since November 2024, when 2,500 units were transacted.Overall, developers have sold over 7,400 private new homes (excluding executive condos) from January to August 16 this year, surpassing the total transactions for any of the last three years. According to Fong, with several new launches planned for the remainder of the year, 2025 is expected to see the highest developer sales tally since 2021 when 13,027 new units were sold. Don’t miss out on the latest updates on available units and prices for Springleaf Residence.