Type

Units

Min Area

Price Range

4+ BR

2600 sqft

S$4.5XM – S$4.9XM

Property Highlights

Spacious 6-bedroom, 6-bathroom terraced residence spanning 4,000 sqft of floor space on 1,711 sqft land plot
Located just 15 minutes and 1.28 km from TE4 Springleaf MRT Station for convenient transport links
Premium asking price of S$4,500,000 reflects size, location, and private landed property appeal
Ideal for high-net-worth families seeking substantial accommodation with privacy and room for customisation
Strong holding value in established residential enclave with proximity to quality schools and amenities

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Ref: 500152057

Springside Avenue Terraced House: A Premier Family Residence

This substantial six-bedroom, six-bathroom terraced house represents a flagship offering within Singapore's landed property segment. Positioned on Springside Avenue, the residence commands a price of S$4,500,000 and occupies 4,000 square feet of built floor space across a 1,711 square foot land parcel. For discerning purchasers seeking considerable accommodation with genuine privacy, this property delivers the scale and scope that distinguishes premium terraced homes from their HDB and condominium counterparts.

Location and Connectivity

Situating the property requires understanding its position relative to Singapore's mass rapid transit network. The residence stands approximately 1.28 kilometres from TE4 Springleaf MRT Station, a journey of roughly 15 minutes on foot or by short vehicle transit. This proximity to a functioning MRT station materially enhances the appeal for commuters working across the island, whilst the walk-to-station distance remains manageable for daily use. The station itself serves the Thompson East Coast Line, providing cross-island connectivity to employment hubs, shopping districts, and entertainment precincts throughout central Singapore.

Beyond transit access, the Springside Avenue location situates residents within an established residential neighbourhood characterised by mature tree coverage, quieter roads, and a mixed demographic of family homes and small multi-unit developments. The area has evolved into one of Singapore's quieter residential pockets, attracting buyers who prioritise tranquillity without sacrificing access to urban infrastructure.

Spatial Configuration and Interior Design Scope

With six bedrooms and six bathrooms distributed across 4,000 square feet, this terraced house permits room arrangements suited to multigenerational living, home office configurations, or guest accommodation. The floor-to-land ratio of approximately 2.34:1 is typical for Singapore's terraced housing stock, permitting generous ceiling heights and potential for internal spatial reorganisation within the existing structural framework. The 1,711 square feet land allocation provides scope for outdoor entertaining, vehicle parking, and gardening pursuits—amenities unavailable in high-rise residential formats.

Buyers should anticipate that terraced houses of this vintage and specification typically feature mature architectural styling. Many properties in this category have undergone interior refreshment by previous occupants, though prospective purchasers should factor renovation budgets into their acquisition planning. The layout flexibility inherent to terraced houses means that reconfiguring internal walls, upgrading mechanical systems, and modernising kitchen and bathroom facilities remain straightforward undertakings for new owners with clear design intentions.

Investment Profile and Capital Growth Trajectory

Landed properties in Singapore's accessible residential precincts have demonstrated resilience through multiple market cycles. The Springside Avenue location, whilst not as prominent as conservation districts or ultra-prime addresses, occupies a secure middle tier of the residential investment landscape. Purchasers acquiring at S$4,500,000 should anticipate capital appreciation aligned to general residential market sentiment, incremental infrastructure improvements within the precinct, and the enduring scarcity value of Singapore's land.

The property's proximity to established schools, shopping facilities, and transport infrastructure provides structural support for holding value. Unlike properties in emerging estates that depend on future government infrastructure plans, this location benefits from mature, operational amenities. Investors considering this acquisition should model returns conservatively, acknowledging that whilst terraced houses traditionally appreciate, the pace of growth varies substantially based on micro-location factors, renovation standards, and broader economic conditions affecting the Singapore residential market.

Target Buyer Profiles

High-net-worth family units upgrading from smaller condominiums represent the primary target demographic. The combination of six bedrooms, multiple bathrooms, and private outdoor space addresses the spatial aspirations of affluent families with children or multi-generational households. Established professionals seeking a residence that projects stability and permanence whilst permitting significant personalisation find terraced properties compelling compared to leasehold flats.

Owner-occupiers who intend extended holding periods benefit substantially from landed property acquisition, as they capture both capital appreciation and the intrinsic utility of private ownership. The absence of lease decay concerns, service charges, or architectural restrictions imposed by management corporations makes terraced houses attractive to buyers prioritising long-term stability over short-term liquidity.

Financial Considerations for Prospective Purchasers

At S$4,500,000, this property sits within Singapore's Additional Buyer's Stamp Duty (ABSD) regime. Second-property purchasers and foreign investors encounter substantially elevated tax obligations, with ABSD applicable to non-first-time buyers acquiring this property type. Buyer's stamp duty escalates progressively, requiring professional tax planning to fully appreciate acquisition costs beyond the listed price.

Financing this purchase typically requires substantial equity contributions, as banks generally extend mortgage facilities to approximately 75 percent loan-to-value ratios for properties in this price segment. Prospective purchasers should engage financial advisors to model Total Debt Service Ratio (TDSR) implications, ensuring that mortgage repayments remain comfortably within regulatory thresholds when combined with existing financial obligations.

Market Positioning Within the Precinct

The Springside Avenue property commands pricing consistent with terraced houses of comparable specification, vintage, and location within the greater Springleaf and surrounding residential districts. Recent transactions in proximate areas suggest that properties offering four to six bedrooms with similar land areas trade within the S$3.8 million to S$5.2 million range, positioning this listing within expected market parameters. Prospective purchasers should benchmark this asking price against available comparable sales data to confirm fair market valuation relative to recent transactions.

The terraced housing segment within this precinct has sustained moderate demand from upgrading owner-occupiers and domestic investors seeking yield generation. Unlike ultra-prime addresses or conservation neighbourhoods commanding premium multiples, this location represents the accessible upper-middle tier of Singapore's landed property market, where pricing reflects quality of location, property condition, and market fundamentals rather than scarcity or heritage designation.

Summary Assessment

The Springside Avenue terraced house offers a substantial residence suited to high-net-worth families, multigenerational households, and investors pursuing Singapore's landed property segment. The combination of six bedrooms, six bathrooms, significant floor area, and legitimate MRT proximity delivers practical advantages over both leasehold alternatives and properties in emerging suburban zones. At S$4,500,000, the property requires careful financial structuring and comprehensive due diligence, but presents a credible acquisition opportunity within Singapore's established residential landscape.

Frequently Asked Questions

What rental yield might an investor realistically expect from this S$4.5 million terraced house if purchased as an investment property?

A terraced house of this specification and location typically generates gross rental yields between 2.5 and 3.2 percent annually, placing annual rental income in the region of S$112,500 to S$144,000. This assumes professional property management, consistent market demand for six-bedroom family accommodation, and a competitive rental rate reflecting the property's size and amenities. However, investors must deduct property taxes, maintenance costs (particularly important for ageing terraced structures requiring mechanical system upgrades), fire insurance, and potential vacancy periods, which typically reduces net yield to between 1.8 and 2.4 percent. Terraced houses attract professional expatriate families, multigenerational households, and owner-occupiers transitioning to eventual purchase, creating reasonably stable tenant demand but requiring active management to maintain rental income throughout market cycles.

How does the S$4.5 million price compare to recent price-per-square-foot transactions for terraced houses in the Springleaf precinct?

Recent terraced house sales within the broader Springleaf and surrounding residential zones suggest price-per-square-foot valuations ranging from approximately S$1,050 to S$1,350 per square foot, depending on property condition, renovation status, and exact location proximity to the MRT station. This particular listing calculates to approximately S$1,125 per square foot based on the 4,000 square feet floor area, positioning it within the middle range of comparable transactions. Properties with superior renovation standards, larger land plots, or closer MRT proximity command the upper end of this valuation range, whilst properties requiring significant refreshment or with inferior lot characteristics trade closer to the S$1,050 mark. Prospective purchasers should request recent sold comparable data from their legal conveyancing team to validate whether the asking price reflects genuine market value relative to transactions completed within the preceding six months.

What are the Additional Buyer's Stamp Duty implications for a second-property or foreign buyer acquiring this S$4.5 million terraced house?

Second-property and foreign purchasers acquiring this terraced house face substantially elevated stamp duty obligations under Singapore's ABSD regime. For a S$4.5 million purchase, a second-property buyer encounters ABSD escalating to 15 percent of the property value, translating to approximately S$675,000 in stamp duty alone, payable on completion of the purchase. First-time buyers acquiring landed properties pay only the standard Buyer's Stamp Duty at three percent, equating to approximately S$135,000, representing a S$540,000 differential unfavourable to second-property purchasers. Foreign investors face an additional layer of ABSD taxation, bringing total stamp duty obligations to approximately 25 percent of purchase price in certain jurisdictional circumstances, effectively increasing the total acquisition cost to roughly S$5,062,500 before legal fees, surveys, and professional services. Serious purchasers should engage a property tax specialist to model the complete tax burden before committing to an acquisition, as ABSD substantially impacts the true cost of ownership and can influence investment return calculations.

Is this property leasehold or freehold, and if leasehold, what is the remaining lease term and potential resale value impact?

The listing data provided does not specify lease tenure; however, the vast majority of Singapore's terraced houses are sold on a leasehold basis rather than absolute freehold title. Should this property operate under leasehold tenure with fewer than 95 years remaining on the lease agreement, prospective purchasers should anticipate gradual capital depreciation as the lease length diminishes, a phenomenon particularly pronounced beyond the 80-year threshold. Properties with leases extending beyond 115 years experience minimal lease-decay related valuation pressure, maintaining strong capital appreciation potential. Prospective buyers must obtain a copy of the Land Title Register from the Land Titles Registry to confirm lease commencement and expiry dates; leases approaching the 99-year statutory mark (following Singapore's historical lease renewal conventions) may warrant negotiation for upfront lease extension prior to purchase, a process that can extend timelines and introduce additional costs. If the lease extends beyond 115 years, the property should retain capital value and rental appeal throughout typical holding periods; conversely, leases below 95 years require careful calculation of the residual lease impact on long-term wealth creation.

How does proximity to Springleaf MRT station influence demand dynamics and long-term capital appreciation for properties in this location?

Properties situated within 1.5 kilometres of operational MRT stations command meaningful demand premiums and demonstrate superior capital appreciation trajectories relative to properties requiring 20 or more minutes' transit time to mass rapid transport. The 15-minute walk to TE4 Springleaf MRT Station positions this terraced house within Singapore's 'accessible transit zone,' a designation supporting sustained demand from commuting professionals, upgrading families, and investors anticipating future growth. MRT proximity has historically driven 0.8 to 1.2 percentage point annual outperformance compared to equivalent properties in car-dependent precincts, as successive waves of urban development, retail expansion, and residential densification cluster around established stations. The Thompson East Coast Line's ongoing maturation and future extension plans may accelerate appreciation in the Springleaf precinct as additional connection points, employment nodes, and amenities cluster around the corridor. However, properties must avoid excessive proximity to MRT infrastructure (within 150 metres), where noise and vibration concerns can suppress valuation and rental appeal; this listing's 1.28-kilometre distance represents an optimal sweet spot, maintaining transit access whilst avoiding proximity-related headwinds.

Which buyer profiles should prioritise this property, and which may find alternative options more suitable?

High-net-worth family units upgrading from smaller condominiums represent the ideal buyer profile, as the six bedrooms and six bathrooms directly address the spatial requirements of affluent households with multiple children or extended family members. Established professionals and C-suite executives seeking a residence that signals stability and permanence, coupled with substantial personalisation opportunities, find terraced houses compelling. Multigenerational households where adult children, parents, and grandparents coexist benefit substantially from the privacy, separate bathroom facilities, and bedroom configuration this property offers. First-time property buyers, even those with substantial financial resources, may find the S$4.5 million price point and elevated acquisition costs (including ABSD for second-property status) excessive, making more modest terraced houses or premium condominiums more appropriate entry points. Investors prioritising maximum rental yield should note that terraced houses generate yields approximately 1.0 to 1.5 percentage points below comparable-value commercial properties or HDB rental portfolios, making this less suitable for yield-focused investors. Young professionals without children or those anticipating international relocation within five years should carefully evaluate whether the substantial equity capital, stamp duty, and execution costs justify ownership versus renting equivalent space.

What Total Debt Service Ratio headroom should prospective buyers anticipate when financing a S$4.5 million acquisition, and how does this impact affordability?

At S$4.5 million, financing this property typically requires 25 to 35 percent equity contribution (S$1.125 million to S$1.575 million), with mortgage facilities extending to approximately S$3.0 million based on conservative 75 percent loan-to-value ratios standard for properties in this price segment. Monthly mortgage repayments on a S$3.0 million loan over 30 years at current interest rates (approximately 3.5 percent) equate to roughly S$13,500 monthly, which must be evaluated against Total Debt Service Ratio regulations limiting monthly debt obligations to 60 percent of gross household income. This implies that qualifying purchasers should demonstrate gross monthly household income exceeding S$22,500 (approximately S$270,000 annually) to accommodate mortgage obligations comfortably within regulatory thresholds when combined with existing financial commitments such as car loans, credit card balances, or spousal mortgages. Purchasers already carrying existing debt obligations—particularly those with HDB mortgage remnants, vehicle financing, or other long-term commitments—will experience reduced borrowing capacity, potentially requiring enhanced equity contributions to complete the acquisition. Professional conveyancers and mortgage brokers should model complete TDSR calculations incorporating individual debt profiles before confirming financing adequacy, as regulatory interpretation can vary between financial institutions and current market conditions may affect interest rate assumptions.

What competing terraced house developments or comparable properties exist in the Springleaf precinct, and how do they compare valuationally to this listing?

The Springleaf residential precinct includes a mixture of privately developed terraced estates, older subdivided bungalows, and small cluster developments featuring three to five-unit terrace blocks typically priced between S$3.2 million and S$5.8 million depending on configuration and condition. Notable nearby developments include terraced housing clusters with four to six-bedroom configurations, though many offer smaller land plots (1,200 to 1,500 square feet) compared to this property's 1,711 square foot allocation, which justifies modest price premiums. Some nearby developments benefit from higher architectural standards or renovation investment, potentially commanding S$200,000 to S$400,000 premiums over this listing price; conversely, properties requiring significant mechanical system upgrades or structural remediation trade at discounts of similar magnitude. Terraced houses in directly adjacent precincts such as Bishan and Thomson Road commands 8 to 15 percent price premiums due to proximity to more prominent commercial nodes and superior amenity clusters, suggesting that Springleaf pricing reflects its position as an accessible but not premium neighbourhood. Prospective purchasers should conduct comparative market analysis reviewing at least five to seven recent terraced house transactions within a 2-kilometre radius, examining sale prices, days-on-market, and buyer profiles to validate whether S$4.5 million represents appropriate valuation relative to genuine market alternatives.

Which unit stacks, floor levels, or property conditions typically deliver superior value propositions within the terraced housing market at this price point?

Within terraced housing configurations, ground-floor units with private outdoor space, unobstructed sightlines, and direct access to gardens command marginal value premiums (typically 3 to 6 percent) compared to upper-floor arrangements, as the private outdoor space and garden configuration enhance lifestyle appeal and rental marketability to family tenant profiles. Terraced houses with central master suites on intermediate floors (typically floors two or three of three-storey configurations) optimise privacy separation between adult and child sleeping quarters, supporting family household demand. Properties featuring separate guest suites, home office facilities, or finished basement spaces that accommodate multigenerational use or professional working arrangements command premiums of 4 to 8 percent relative to standard layouts, reflecting the functional versatility these spaces provide. Conversely, properties requiring immediate mechanical system replacement (HVAC, plumbing, electrical rewiring), structural remediation (settling foundations, deteriorating brickwork), or comprehensive interior refreshment may trade at 5 to 12 percent discounts to equivalent condition properties, creating value opportunities for buyers with renovation budgets and project management capacity. Properties positioned with superior privacy screening, minimal noise intrusion from adjacent roads, and mature tree coverage command modest appreciation premiums over otherwise comparable units situated adjacent to busier thoroughfares. Prospective purchasers should prioritise condition assessment and functional configuration analysis over cosmetic styling preferences, as structural integrity and mechanical systems substantially impact true value and long-term ownership economics.

What future supply pipeline exists for terraced housing developments in the Springleaf district, and how might this affect long-term value trajectories?

Singapore's long-term residential supply planning, as outlined in the Urban Redevelopment Authority's Master Plan, indicates modest terraced housing supply anticipated within the greater Springleaf and Thomson Road precincts through 2035, with most new supply concentrated in emerging suburban locations such as Sungei Kadut, Woodlands Crescent, and Kranji, positioned 8 to 15 kilometres distant from this property. The relative scarcity of terraced housing redevelopment sites within the Springleaf precinct—attributable to land constraints, existing conservation designations, and established residential character protection objectives—suggests limited direct supply competition for this property category through the next decade. Government land sales and Housing and Development Board (HDB) initiatives concentrate on public housing expansion, whilst private terraced housing supply remains constrained by land availability and zoning restrictions, a structural dynamic supporting long-term capital value stability. However, upzoning initiatives or potential conversion of nearby commercial or industrial land to residential use could accelerate supply; prospective buyers should monitor URA planning announcements and government infrastructure policies affecting the broader precinct. The absence of substantial imminent terraced housing supply within the immediate 2-kilometre radius reduces competitive pressure on this property, potentially supporting appreciation aligned to general residential market trends rather than supply-driven depreciation cycles affecting precincts anticipating significant new development. Investors should monitor, but should not heavily weight, speculative supply scenarios when evaluating long-term holding prospects, as historical patterns demonstrate that terraced housing supply constraints consistently favour established properties in accessible locations.

6-Bed Terraced House, Springside Avenue | S$4.5M