Tropical Spring

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 2
 0

Sale Price *

Average
S$ 1,064 psf
Range
S$ 934 - 1,160 psf

Rental Price **

Average
S$ 3.4 psf pm
Range
S$ 2.6 - 4.6 psf pm

Rental Yield **

3.9%

Rental income expressed as a percentage of the property's value.

Amenities

3.6
3.6

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Tropical Spring is a leasehold (99 yrs from 1997) condominium completed in 2002. It is developed by NCH (TAMPINES) PTE LTD and designed by CHAO TSE ANN & PARTNERS PTE LTD. The development occupies a land area of 14,017 sqm and a Gross Floor Area of 32,238 sqm. It consists of 242 units. According to records, buyers of this development are Singaporean 74.0%, PR 17.6%, Foreigner 7.9%, Company 0.4%.

TROPICAL SPRING is located along Simei Street 4 in Tampines, in District 18. It is accessible through the nearest MRTs including Simei EW3 and Upper Changi DT34.

Based on transaction data in the last 12 months, sale prices range from S$ 934 psf to S$ 1,160 psf at an average of S$ 1,064 psf. Its highest recorded transaction was S$ 1,160 psf in Jan 2024 for a 1,528-sqft unit. Its lowest recorded transaction was S$ 280 psf in Sep 2005 for a 3,143-sqft unit. Its current rental yield is at 3.9%. Other nearby amenities include: 2 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, SHAHUL HAMEED S/O ABDUSALAM, and 1 Shopping Mall: EASTPOINT MALL (EAST POINT).

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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4
"Though it has some age but quite well-maintained and peaceful environment"
K***** K**
Google Review     |   01 May 2022
5
"Tropical Spring is a leasehold condominium development that is located at Simei Street 4 in District 18. It is a condominium project that was completed a while back. The project was completed in 2003 with a total of 242 units available for sale or rent. The condominium development is located close to public transportation that allows residents to move easily from one place to another from the condominium. There are many shops and amenities close to the condominium development which would ease the process for residents, and they do not need to go far to find what they need. The project was developed by NTUC Choice Homes Ltd, a mid-sized real estate company listed on Singapore Exchange and has developed 9 other property projects in Singapore. Tropical Spring is a beautiful condominium development that has many charms to it. There are various facilities that residents can enjoy while living in Tropical Spring. Residents of Tropical Spring would not have to travel far to get their basic necessities as everything is close within their reach. Residents can enjoy the barbeque area, clubhouse, gymnasium room, playground, tennis courts, fun pool, jacuzzi, sauna and swimming pool. Residents can also enjoy the peace and seclusion the housing development has to offer. Residents can enjoy taking evening walks around the condominium development while enjoying the sun set during their free time. On hot and sunny days, residents can take a dip in the swimming pool to relax and cool off during. The houses come equipped with covered car parks and 24 hours security system that ensures the safety of residents is well taken care of at all times. It is made up of 242 units of 11-storey condominiums. Project Name: Tropical Spring Type: Condominium District: 18 Configuration: 242 units Unit Types: 3 bedrooms (1,066 sqft 2,519 sqft) 4 bedrooms (1,927 sqft)"
L**** P*****
Google Review     |   21 Mar 2022
3
"awful management. they set loads of unnecessary restrictions & ridiculous fees on owners to make their lives harder"
A***** C****
Google Review     |   19 Oct 2021
4
"Nice place"
R***** R*****
Google Review     |   10 Dec 2020
5
"Good place to live ..convenient location for family and bachelors"
K****** E*******
Google Review     |   30 Nov 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Floor Plans
23
1
2

TROPICAL SPRING - 23 - 1 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of TROPICAL SPRING (Limited to 10)

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Asking Price of TROPICAL SPRING

Source: URA, https://www.edgeprop.sg

Listed On
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Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

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Rental Transactions of TROPICAL SPRING

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Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
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Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

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Nearby Land Sales

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