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Singapore Property News, Insights and Analysis

Completed 2004

Malvern Springs

D15 · East Coast / Marine Parade · 373 Onan Road

A 75-unit freehold condo in D15, completed in 2004. Developed by Oub Centre Limited.

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

Freehold
Tenure
$1,700
Avg $psf, 12 months
2
Sales, 12 months
2004
Completed

What brings you to Malvern Springs?

Buying here? Get a second opinion. 3-bedders here sold for $2.78M to $3.68M over the last 12 months. 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

Malvern Springs prices

Last 12 months
2
Sales
$1,700
Average $psf
$1,300 – $2,100
$psf range
$2.78M – $3.68M
Price range
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom1 sale$2,264 psf$2.22M980 sq ft
3-Bedroom4 sales$1,691 psf$2.78M – $3.68M1,324–2,831 sq ft

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

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft1 sale$2,264 psf$2.22M
1,300–1,599 sq ft2 sales$2,138 psfAvg $2.83M$2.78M – $2.88M
2,500–3,499 sq ft2 sales$1,244 psfAvg $3.49M$3.3M – $3.68M
Average $psf by year
In 2025, sales here averaged $1,876 psf, 12% below the D15 average of $2,132 psf for private homes (condos, apartments and ECs).
This condoD15 average
Show as a table
YearThis condoD15 average
2026$1,700$2,176
2025$1,876$2,132
2023$1,858$2,227
2022$1,236$1,861
2021$1,378$1,695
2020$1,284$1,527
2019$1,172$1,674
2018$1,272$1,465
2017$1,105$1,458
2016$1,135$1,280
2015$1,289$1,298
2013$1,299$1,350
Sales by year
69 sales since 2007; the busiest year was 2007 with 11. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202622
202533
202400
202311
202233
202122
202055
201922
201811
201733
201655
201511
201400
201311
201288
201199
201088
200933
200811
20071111
Sales in the last two years
5 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
8 Oct 2026#05-XX2,831 sq ft · 3-Bedroom$3.68M$1,300 psfResale
28 Jul 2026#02-XX1,324 sq ft · 3-Bedroom$2.78M$2,100 psfResale
19 May 2025#04-XX980 sq ft · 2-Bedroom$2.22M$2,264 psfResale
15 Apr 2025#05-XX2,777 sq ft · 3-Bedroom$3.3M$1,188 psfResale
21 Feb 2025#02-XX1,324 sq ft · 3-Bedroom$2.88M$2,175 psfResale
Compared with nearby condos

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

Malvern Springs rent

Leases starting Sep 2025–Aug 2026
22
Leases
$6,050
Median rent a month

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

By bedroom type
TypeLeasesMedian rentMiddle halfD15 median
2-Bedroom10 leases$4,775 median$4,250 – $5,200D15 $4,400
3-Bedroom12 leases$7,425 median$6,450 – $8,075D15 $6,000
Rent and yield compared with nearby condos

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

Malvern Springs floor plans by bedroom type

35 layouts, from a 979 sq ft 2-bedroom to a 2,831 sq ft 3-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Malvern Springs

MRT stations
TE Marine Parade 480 m · 6 min walk
TE Tanjong Katong 1.2 km · 14 min walk
TE Marine Terrace 1.4 km · 17 min walk
EW Eunos 2.1 km · 25 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 1 km
Tanjong Katong Primary School 450 m · 8 min walk
Haig Girls' SchoolPopular 680 m · 12 min walk
CHIJ (Katong) Primary 800 m · 12 min walk
Tao Nan SchoolPopular 850 m · 13 min walk
Within 2 km
Ngee Ann Primary School 1.5 km · 22 min walk
Kong Hwa SchoolPopular 1.8 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 Haig Walk 400 m · 5 min
Clinic Lee Clinic 170 m · 2 min
Supermarket Cold Storage / Giant 180 m · 2 min
Hawker centre Dunman Food Centre 680 m · 8 min
Map of the area around Malvern Springs, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Malvern Springs

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

07 — From Stacked

Read more about Malvern Springs

Source: Stacked Homes editorial

08 — FAQ

Questions about Malvern Springs

Is Malvern Springs freehold?

Yes. Malvern Springs is a freehold condo.

When was Malvern Springs completed?

2004.

How many units does Malvern Springs have?

75 units, up to five storeys.

What sizes are the 2-bedroom units?

979 to 2,153 sq ft across 18 layouts.

What is the price psf at Malvern Springs?

2 sales in the last 12 months averaged $1,700 psf, ranging from $1,300 to $2,100 psf.

What did the latest sale go for?

A 2,831 sq ft unit sold for $3.68M ($1,300 psf) on 8 Oct 2026.

How much is the rent at Malvern Springs?

Leases starting Sep 2025–Aug 2026 had a median rent of $6,050 a month ($4,775 for a 2-bedroom and $7,425 for a 3-bedroom).

What is the nearest MRT station?

Marine Parade (TE), a 6-minute walk (480 m). Tanjong Katong (TE) is 1.2 km away.

Which primary schools are within 1 km?

Tanjong Katong Primary School, 450 m away, Haig Girls' School, 680 m away, CHIJ (Katong) Primary, 800 m away and Tao Nan School, 850 m away.

Who developed Malvern Springs?

Oub Centre Limited.

Answers generated from the data on this page, Nov 2026