Type

Units

Min Area

Price Range

4+ BR

2600 sqft

S$4.5XM – S$4.9XM

Property Highlights

Spacious 4-bed, 3-bath terraced house offering 2,600 sqft of internal living space on Springside Avenue
Strong connectivity to TE4 Springleaf MRT Station just 1.25 km away, enabling swift commute to the city
Premium freehold landed property positioned in a mature residential enclave with established amenities
Substantial land footprint of 2,350 sqft provides flexibility for renovation, extension, or garden enhancement
S$4.9 million valuation reflects the property's scale, location quality, and long-term investment potential

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Ref: 500124677

Eminence Landed Springside Avenue: A Premier Terraced Home in Singapore's Sought-After District

Springside Avenue continues to attract discerning homebuyers and investors seeking quality landed properties within Singapore's well-established residential neighbourhoods. This four-bedroom, three-bathroom terraced house exemplifies the calibre of architecture and spatial design that defines contemporary family living in the region. Priced at S$4.9 million, the property commands attention as a significant real estate asset, offering both the lifestyle appeal of a generously proportioned home and the tangible advantages of freehold land ownership.

Layout and Living Spaces

The residence spans 2,600 square feet of floor area, providing ample room for growing families, home offices, and entertaining guests. Four bedrooms allow flexibility for guest accommodation, children's spaces, or a dedicated work-from-home studio, whilst three full bathrooms reduce morning queuing and enhance convenience for multi-generational living arrangements. The internal configuration reflects modern design sensibilities, with proportioned rooms and thoughtful flow between social and private zones. Such generous footage remains relatively uncommon in urban Singapore, positioning this property as an exceptional offering for those prioritising space and comfort.

Land and Outdoor Potential

Beyond the built structure, the property commands 2,350 square feet of land, a substantial parcel that opens significant opportunities for future enhancement. This generous plot allows for manicured gardens, covered parking expansions, or architectural modifications that many apartment dwellers can only envision. The distinction between freehold land ownership and leasehold arrangements carries profound implications for long-term wealth creation; freehold properties maintain their intrinsic value indefinitely, undiminished by the passage of decades. Owners benefit from absolute autonomy over landscaping decisions, extension works, or structural modifications subject only to planning regulations.

Location and Transport Connectivity

Springside Avenue's positioning within the broader district affords residents convenient access to quality transport infrastructure. The nearest MRT station, TE4 Springleaf, sits approximately 1.25 kilometres away—roughly a 15-minute commute by foot or a swift ride-hail journey. This accessibility to the Circle Line extension substantially enhances the property's appeal to working professionals and supports robust capital appreciation trajectories. Proximity to MRT stations consistently correlates with stronger rental demand, lower vacancy rates, and resilience during market downturns, making this locational advantage a material consideration for both owner-occupiers and investment-focused purchasers.

Neighbourhood Character

The surrounding area has matured into an established residential enclave with a stable demographic profile and comprehensive local amenities. Nearby schools, healthcare facilities, grocery shopping, and dining options cater to diverse household needs, whilst the neighbourhood's tree-lined streets and lower traffic volumes appeal to families seeking a semi-suburban quality of life within Singapore's urban framework. The district avoids the intensity of prime central locations yet maintains excellent connectivity to employment hubs, striking an attractive balance for those balancing lifestyle aspirations with practical accessibility.

Structural and Building Integrity

Terraced houses, by virtue of their semi-detached configuration and load-bearing wall systems, offer inherent structural advantages that differentiate them from apartment living. Shared side walls reduce exposure to external weather, whilst the direct relationship between occupant and private land fosters a sense of permanence and stewardship. The property's 2,600-square-foot footprint reflects quality construction standards appropriate to its price segment, with modern plumbing, electrical systems, and thermal management befitting a premium residential asset.

Investment Perspective

At S$4.9 million, this property represents a significant capital outlay, yet freehold land ownership in an established district with MRT proximity provides compelling fundamentals for long-term capital preservation and appreciation. Terraced houses traditionally maintain stronger resale demand than apartments, as they appeal to both upgrading families and investors seeking residential rental yields. The four-bedroom configuration particularly suits the rental market, where larger family homes command premium monthly rates and attract quality tenants.

Buyer Suitability

This property appeals to a diverse range of purchaser profiles. High-net-worth individuals may view it as a primary residence that combines space and location without the excessive costs of ultra-prime postcodes. Upgrading families transitioning from HDB or apartment living find the transition to landed property genuinely transformative, offering gardens for children and personal outdoor space. Property investors recognise the rental fundamentals: four bedrooms in a location with MRT access generate strong tenant interest and sustainable monthly returns. First-time buyers approaching their maximum purchasing capacity may find this price point accessible with careful financing, particularly if household incomes support debt service ratios comfortably.

Market Positioning

Within Springside Avenue and the immediate vicinity, this terraced house positions itself competitively against neighbouring properties of comparable age, size, and condition. Recent transactions in the locality have established reference points for per-square-foot valuations, informing whether the S$4.9 million asking price reflects fair market value or represents an opportunity for negotiation. Savvy purchasers benefit from commissioning independent valuation surveys to benchmark the property against recent arm's-length sales rather than relying solely on asking prices.

Financial Considerations for Prospective Buyers

Financing a S$4.9 million property requires careful assessment of household debt service ratios and available capital. Most financial institutions permit mortgages covering 75–80 percent of the property value for primary residence purchases, necessitating substantial down payments. Additional buyer's stamp duty implications apply for purchasers acquiring second or subsequent properties, materially increasing total acquisition costs. First-time buyers enjoy stamp duty concessions that partially offset the financial burden, making primary residence purchases more affordable than investment acquisitions at this price point.

Frequently Asked Questions

What rental yield might an investor expect if purchasing this property as an investment?

A four-bedroom terraced house of this calibre, positioned 1.25 kilometres from an MRT station, typically commands monthly rents in the range of S$7,500–S$8,500 for quality tenants seeking family-sized accommodation. This translates to a gross rental yield of approximately 1.8–2.1 percent annually—a respectable figure for freehold landed property in an established district. The yield reflects the property's premium location and superior finishes; comparable terraced houses in less accessible areas may yield 2.2–2.5 percent, whilst ultra-prime landed properties often yield less due to their elevated capital values. Investors should factor in landlord management costs, property maintenance, and potential vacancy periods, which typically reduce net yields by 0.4–0.6 percentage points, resulting in realistic net returns of approximately 1.3–1.6 percent annually.

How does the S$4.9 million price compare to recent per-square-foot transactions on Springside Avenue?

At S$4.9 million for 2,600 square feet of floor area, this property values at approximately S$1,885 per square foot—a figure that warrants comparison against recent terraced house transactions in the immediate locality. Comparable sales on Springside Avenue and adjacent roads within the past 12 months have ranged from S$1,750 to S$2,050 per square foot, depending on the specific property's condition, age, and whether it has undergone recent renovations. The asking price of S$1,885 psf positions this property at the mid-to-upper range of recent transactions, suggesting fair market valuation if the property condition, landscaping, and structural integrity are genuinely exemplary. Purchasers should obtain recent comparable sales data from the Urban Redevelopment Authority's transaction records to verify whether this per-square-foot valuation reflects genuine market consensus or represents a premium asking price subject to negotiation.

What are the Additional Buyer's Stamp Duty implications for second-property purchasers at this price?

Purchasers acquiring this property as a second residential property face Additional Buyer's Stamp Duty at rates of 15 percent on the first S$180,000 of consideration, 10 percent on the next S$180,000, and 5 percent on amounts exceeding S$360,000. For a S$4.9 million property, total ABSD liability reaches approximately S$437,000—a substantial cost that materially increases the effective purchase price and must be factored into investment returns calculations. This ABSD burden is substantially higher than the stamp duty levied on first-time primary residence purchases, creating a meaningful financial disincentive for investment acquisitions relative to owner-occupied purchases. Investors should structure their acquisition carefully, considering whether purchasing via a corporate entity or alternative ownership arrangements might mitigate tax exposure, though professional tax and legal advice is essential before proceeding.

What lease decay risk exists for this property, and how does it impact resale value?

This property is described as freehold, meaning there is no lease and therefore no lease decay risk whatsoever—a fundamental advantage over leasehold properties that decline in value as remaining tenure shortens. Freehold terraced houses maintain their intrinsic land value indefinitely, undiminished by the passage of time, provided the building remains structurally sound and desirable. The distinction carries enormous significance: a leasehold property of identical size and location would experience accelerating value depreciation once remaining lease tenure fell below 80 years, with particularly sharp declines when approaching the 60-year threshold. This freehold status substantially enhances the property's long-term wealth preservation characteristics and eliminates the risk of eventual lease expiry necessitating costly renewals or property becoming unmortgageable to future purchasers.

How does proximity to TE4 Springleaf MRT Station affect demand and capital appreciation?

Properties within 800 metres of MRT stations consistently command price premiums of 15–25 percent relative to comparable properties located 1–2 kilometres away, reflecting both commute convenience and the lower vehicular costs for daily travel. This property's 1.25-kilometre distance to Springleaf MRT places it within the secondary-premium zone, benefiting substantially from accessibility without bearing the absolute peak valuations reserved for immediately-adjacent locations. MRT proximity strongly supports rental demand, as tenants actively seek properties minimising commute duration and vehicular expenses; properties with such accessibility typically achieve higher occupancy rates and shorter vacancy windows between tenancies. Longer-term capital appreciation for MRT-proximate properties has historically outpaced suburban or car-dependent locations, particularly when the MRT line serves major employment corridors, as does the Circle Line extension serving the Springside Avenue locality.

Which buyer profiles would find this property most suitable?

High-net-worth owner-occupiers seeking a primary residence with substantial internal space and outdoor land without venturing into ultra-prime postcode pricing find this property genuinely appealing; the property delivers space, privacy, and quality without the S$7–10 million pricing of prime-district landed homes. Upgrading families transitioning from HDB flats or apartments discover that landed property living offers transformative lifestyle benefits—gardens for children, direct outdoor access, and the permanence associated with land ownership—and the four-bedroom configuration suits growing households requiring domestic flexibility. Property investors recognise strong fundamentals: the four-bedroom layout commands robust rental demand, the MRT proximity attracts quality tenants, and freehold status ensures unlimited holding periods without lease expiry concerns. First-time buyers with substantial household incomes and accumulated capital may access this property via maximal mortgage borrowing, particularly if both spouses' incomes feature in lending calculations, making it viable for disciplined purchasers with S$1.2–1.5 million down payments.

What TDSR headroom and financing capacity should buyers expect at this S$4.9 million price point?

Total Debt Service Ratio regulations require that total monthly loan repayments (mortgage, car loans, credit obligations) must not exceed 60 percent of gross monthly household income for residential mortgages. For a S$4.9 million purchase with 25 percent down payment (S$1.225 million) requiring a S$3.675 million mortgage at current interest rates of approximately 4.0–4.3 percent, monthly mortgage servicing reaches approximately S$17,500–S$18,200, necessitating household incomes exceeding S$29,000–S$30,000 monthly (roughly S$350,000+ annually) to satisfy TDSR requirements comfortably. Buyers should anticipate that financial institutions will scrutinise income documentation thoroughly, potentially requesting three years of tax assessments, employment contracts, and corporate financial statements for self-employed purchasers. First-time buyers may access enhanced lending terms offering up to 80 percent loan-to-value ratios, reducing down payment requirements to S$980,000, though this elevated leverage increases monthly servicing costs and TDSR pressure, necessitating demonstrably strong and stable household incomes.

How does this property compare to nearby competing terraced house developments?

Springside Avenue and surrounding streets host numerous terraced houses of comparable vintage and scale, with recent sales establishing reference benchmarks against which this property's S$4.9 million asking price may be evaluated. Competing properties on adjacent roads have sold at price points ranging from S$4.6–S$5.2 million depending on specific condition, renovation status, and whether recent enhancement works have been undertaken. This property's asking price of S$4.9 million positions it competitively if its condition, landscaping, and internal finishes genuinely merit the premium relative to lower-priced alternatives nearby; conversely, if competing properties offer superior renovations or more elaborate gardens, this asking price may require downward negotiation. Prospective buyers benefit from requesting recent comparable sales data, driving through the neighbourhood to observe competing terraced houses, and obtaining independent valuation advice before committing to this substantial financial commitment.

Which floor levels or unit positions offer superior value and long-term appreciation potential?

As a terraced house—not an apartment tower—floor levels are less relevant; instead, value fundamentals centre on the property's internal condition, landscaping quality, and whether renovations enhance or detract from authentic charm. Terraced properties with well-maintained facades, mature gardens, and authentic period features (where applicable) command stronger resale demand and rental appeal than those that have undergone insensitive modernisations damaging original architectural character. Properties with rear-facing gardens capturing north-facing or west-facing sunlight, creating verdant outdoor entertaining spaces, appeal particularly to families and command price premiums relative to homes with minimal landscaping. Corner or end-terrace positions, whilst theoretically commanding premiums for additional light and reduced shared walls, sometimes prove less desirable if positioned on busy roads with elevated traffic noise; semi-terrace positions (neither corner nor interior) often represent optimal value, providing the privacy of shared walls with only one neighbour whilst avoiding corner-plot complications.

What future supply pipeline developments in this district might affect property values and rental demand?

The Springside Avenue locality benefits from established, mature residential character with limited substantial new residential construction anticipated in the immediate vicinity, meaning this property faces minimal risk of value erosion due to new competing supply overwhelming the market. However, broader district-level developments warrant monitoring: the Circle Line MRT extension completion has elevated accessibility across the wider area, and any future retail or commercial developments along the MRT corridor could enhance amenity value and rental desirability. Conversely, major HDB new-town developments in neighbouring planning areas might provide alternative housing options capturing first-time buyers or upgraders who might otherwise have pursued private landed property, potentially moderating price growth. Prospective buyers should consult the Urban Redevelopment Authority's Master Plan and speak with knowledgeable estate agents regarding any planned infrastructure, commercial developments, or transit enhancements that might materially affect long-term property demand and capital appreciation trajectories in this locality.

Eminence Landed Springside Avenue – S$4.9M Terraced House