Square Foot Research Singapore

Check out more Transaction Price, Rents, Trends and Analysis Data for MAYSPRINGS on EdgeProp Singapore.
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Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the configuration panel below.

MAYSPRINGS (last 5 years)

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Project Information

Project Name


Street Name

Petir Road

Property Type



99 Yrs FROM 1994

District / Planning Area

D23 / Bukit Panjang



Number of units

636 units

Indicative price range / Average*

S$ 974 - S$ 1,158 psf / S$ 1,066 psf

Indicative rental range / Average*

S$ 2.22 - S$ 4.71 psf pm / S$ 3.47 psf pm

Implied rental yield


Historical high

S$ 1,158 psf in Jul 2023 for a 807-sqft unit

Indicative average price from historical high


Historical low

S$ 194 psf in Mar 2006 for a 1,550-sqft unit

Buyer profile by status#

Singaporean 77.0%, PR 14.9%, Foreigner 4.7%, Company 2.1%

Buyer profile by purchaser address#

HDB 57.7%, Private 42.3%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.


Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
MAYSPRINGS 99 Yrs FROM 1994 1998 - 974 1,066 1,158 2.22 3.47 4.71 3.9
THE LINEAR 999 yrs FROM 1876 2006 118 1,289 1,333 1,377 2.90 3.64 4.00 3.3
HILLION RESIDENCES 99 yrs FROM 2013 2017 303 1,490 1,722 1,900 3.33 6.12 7.56 4.3
HAZEL PARK CONDOMINIUM 999 yrs FROM 1882 2000 423 1,562 1,663 1,752 2.00 3.12 4.21 2.3
CASHEW HEIGHTS CONDOMINIUM 999 Yrs FROM 1882 1990 554 1,230 1,457 1,614 2.00 3.08 4.00 2.5
THE TENNERY 99 yrs FROM 2010 2014 648 1,231 1,281 1,336 3.54 4.69 5.54 4.4
HILLSTA 99 yrs FROM 2011 2016 785 1,289 1,349 1,395 1.97 4.56 5.45 4.1

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

The developer's estimated breakeven is for subscribers only. Subscribe now to see every bit of information!
Status Name Location Land attributes Estimated Breakeven

on 4 Jul 2011

(Now known as Hillsta)

Site use Residential
Sale Type
Tenure 99
Site area (sqm) 15,385.6
Site GFA (sqm) 32,310.0
Highest bid ($m) 142.8
Highest bid ($psf) 410.5
Number of bids 5
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Far East & China Construction

on 24 Jan 2017

(Now known as Bukit 828)

Site use Residential
Sale Type
Tenure 0
Site area (sqm) 953.0
Site GFA (sqm) 2,382.5
Highest bid ($m) 17.0
Highest bid ($psf) 663.0
Number of bids
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Roxy-Pacific Holdings


This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.


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