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Singapore Property News, Insights and Analysis

Completed 2003

Fortune Spring

D15 · East Coast / Marine Parade · 7 Palm Road

A 24-unit freehold apartment in D15, completed in 2003. Developed by Fortune Development Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
$1,522
Avg $psf, 12 months
1
Sales, 12 months
2003
Completed

What brings you to Fortune Spring?

Buying here? Get a second opinion. The last recorded sale here was $1.72M ($1,522 psf) in Aug 2026. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Fortune Spring prices

Last 12 months
1
Sale
$1,522
Average $psf
$1.72M
Price
Average $psf by year
In 2017, sales here averaged $1,134 psf, 22% below the D15 average of $1,458 psf for private homes (condos, apartments and ECs).
This condoD15 average
Show as a table
YearThis condoD15 average
2026$1,522$2,176
2017$1,134$1,458
2013$856$1,350
2012$968$1,300
2011$777$1,254
2010$688$1,130
2009$729$884
2008$738$888
2007$429$910
2006$520$647
2004$547$554
2001$620$597
Sales by year
19 sales since 2007; the busiest year was 2013 with 4. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202611
202500
202400
202300
202200
202100
202000
201900
201800
201722
201600
201500
201400
201344
201211
201133
201022
200922
200822
200722
Sales in the last two years
DateUnitSizePrice$psfType
12 Aug 2026#01-XX1,130 sq ft$1.72M$1,522 psfResale
Compared with nearby condos
Compared with D15 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Fortune Spring rent

Leases starting Sep 2025–Aug 2026
7
Leases
$4,100
Median rent a month

D15 median rent: $4,600 a month; est. gross yield 2.1%.

By bedroom type
TypeLeasesMedian rentMiddle halfD15 median
3-Bedroom7 leases$4,100 median$4,000 – $4,386D15 $6,000

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Fortune Spring floor plans by bedroom type

20 layouts. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Fortune Spring

MRT stations
TE Siglap 710 m · 8 min walk
TE Bayshore 1.5 km · 18 min walk
EW Bedok 1.9 km · 22 min walk
TE Marine Terrace 2.2 km · 26 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 2 km
Opera Estate Primary School 1.2 km · 18 min walk
Bedok Green Primary School 1.4 km · 23 min walk
Temasek Primary SchoolPopular 1.7 km · 23 min walk
St. Stephen's School 1.7 km · 28 min walk
Ngee Ann Primary School 1.7 km · 27 min walk
Fengshan Primary School 1.9 km · 28 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Tanah Puteh Park 700 m · 8 min
Clinic C & K Family Clinic 340 m · 4 min
Supermarket Golden Ticket 940 m · 11 min
Hawker centre East Coast Lagoon Food Village 1.4 km · 17 min
Map of the area around Fortune Spring, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Fortune Spring

Upcoming supply
Bayshore Road1.0 km · about 490 units · 1.05 ha Awarded · $14,945 psm GFA · Mar 2025
New Upper Changi Road1.3 km · about 983 units · 3.16 ha Awarded · $16,545 psm GFA · Sep 2026
Bayshore Drive1.5 km · about 1,658 units · 5.74 ha Awarded · $14,244 psm GFA · Jul 2026
East Coast Road2.0 km · about 98 units · 0.55 ha Open for tender

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Fortune Spring

Source: Stacked Homes editorial

08 — FAQ

Questions about Fortune Spring

Is Fortune Spring freehold?

Yes. Fortune Spring is a freehold apartment.

When was Fortune Spring completed?

2003.

How many units does Fortune Spring have?

24 units, up to four storeys.

What is the price psf at Fortune Spring?

1 sale in the last 12 months averaged $1,522 psf.

What did the latest sale go for?

A 1,130 sq ft unit sold for $1.72M ($1,522 psf) on 12 Aug 2026.

How much is the rent at Fortune Spring?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,100 a month ($4,100 for a 3-bedroom).

What is the nearest MRT station?

Siglap (TE), an 8-minute walk (710 m). Bayshore (TE) is 1.5 km away.

Who developed Fortune Spring?

Fortune Development Pte Ltd.

Answers generated from the data on this page, Nov 2026