Malvern Springs rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 373 Onan Road Malvern Springs Singapore 424775
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Condominium, Non-Landed Properties 102 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about Malvern Springs
Malvern Springs is a freehold condominium in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 94 rentals and 8 sales.
- Typical rent is $5,350 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,109,000, with median sale PSF at $1,529 psf and total recorded sale value of $18.3M.
- Rent is down 20.8% over the last 3 months. Sale PSF is up 26.1% over the last 3 months.
Malvern Springs Market Position
How this project compares with the wider D15 market before you read the detailed tables.
Rent vs D15 +21.6%
Rents above district median
Malvern Springs's median rent is $5,350 compared with the D15 median of $4,400. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D15 -29.7%
Sale PSF below district median
Malvern Springs's median sale PSF is $1,529 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.04%
Rent support above district screen
Gross yield is roughly 3.04% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 75.4% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +20.0%
Activity is rising
12 recent transactions versus 10 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Malvern Springs against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Malvern Springs Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $5,350
Is the asking rent fair?
$5,100 to $5,600 is the first fair-rent band to check. Above $5,600 should have a visible reason.
Median sale PSF $1,529 psf
Is the purchase price fair?
$2,050,000 to $2,170,000 and $1,480 to $1,570 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $6,750
Are similar units renting for more?
3 bed and 1,300 to 1,400 sqft give the closest unit-size checks.
Rent stability 75.4% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +20.0%
Is activity rising?
Activity is rising. 12 recent transactions versus 10 in the prior 6-month view.
Run Malvern Springs numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $5,350/mo Test gross and net yield against typical rent. Buy vs rent $2.1M Compare ownership cost against renting. Mortgage $2.1M Estimate monthly payment from the sale price. Stamp duty $1,529 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Malvern Springs Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Condominium, Non-Landed Properties
Sales 8 resale transactions
Total sold value $18.3M
Malvern Springs Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 94 Jun 2021 to May 2026
Sale transactions 8 Jul 2021 to May 2025
Rent trend -20.8% Last 3 months
Sale PSF trend 26.1% Last 3 months
Malvern Springs Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
MARINE PARADE MRT STATION (TE26) 0.38 km away
TANJONG KATONG MRT STATION (TE25) 1.03 km away
MARINE TERRACE MRT STATION (TE27) 1.25 km away
Schools nearby
TANJONG KATONG PRIMARY SCHOOL 0.42 km away
EIS INTERNATIONAL PRE-SCHOOL (BRANCH 1) 0.51 km away
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 0.76 km away
TANJONG KATONG SECONDARY SCHOOL 0.81 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 2.03 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 6.45 km away
SIMS AVENUE PARK CONNECTOR Park / green link · 1.46 km away
MARKET & HAWKER CENTRE (BLK 50A MARINE TERRACE) Food centre · 1.32 km away
Malvern Springs Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,750 28 rentals in view
Latest median sale PSF $2,264 psf 3 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 2 $4,750 0 - -
Apr 2026 2 $8,550 0 - -
Mar 2026 1 $4,100 0 - -
Feb 2026 2 $6,000 0 - -
Dec 2025 4 $7,550 0 - -
Nov 2025 1 $5,300 0 - -
Oct 2025 2 $8,200 0 - -
Sept 2025 1 $4,100 0 - -
Aug 2025 3 $6,300 0 - -
Jul 2025 1 $4,500 0 - -
Jun 2025 2 $6,975 0 - -
May 2025 0 - 1 $2,264 psf $2,218,000
Projects Similar to Malvern Springs
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1994 Costa Rhu 4.2 km away 1,041 transactions
- Median rent
- $5,600
- Median sale PSF
- $1,488 psf
- Median rent
- $4,850
- Median sale PSF
- $1,568 psf
- Median rent
- $5,200
- Median sale PSF
- $1,714 psf
- Median rent
- $5,000
- Median sale PSF
- $1,505 psf
- Median rent
- $5,600
- Median sale PSF
- $1,590 psf
- Median rent
- $5,800
- Median sale PSF
- $1,683 psf
Malvern Springs Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,300 $4,485 43
3 bed $6,750 $6,779 51
Malvern Springs Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $4,150 $3,975 8
1,000 to 1,100 sqft $4,650 $4,513 19
1,100 to 1,200 sqft $4,750 $4,750 2
1,200 to 1,300 sqft $4,700 $4,700 1
1,300 to 1,400 sqft $6,300 $5,973 27
1,400 to 1,500 sqft $3,750 $3,843 7
1,500 to 1,600 sqft $7,425 $7,425 2
1,600 to 1,700 sqft $7,200 $6,133 3
Malvern Springs Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,109,000 $1,529 psf 8
Malvern Springs Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Malvern Springs shows a typical monthly rent of $5,350 across 94 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $5,350
Rentals 94
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Malvern Springs point to a typical sale price of $2,109,000 and $1,529 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,109,000
Median PSF $1,529 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Malvern Springs has 8 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $18.3M
Latest record May 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D15 to compare Malvern Springs against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Malvern Springs FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Malvern Springs?
Malvern Springs has a median monthly rent of $5,350 across 94 rentals.
What is the typical sale price at Malvern Springs?
The median sale price for Malvern Springs is $2,109,000, based on 8 sales on this page.
What is the median sale PSF at Malvern Springs?
The median sale price per square foot for Malvern Springs is $1,529 psf. The average sale PSF is $1,566 psf.
Is Malvern Springs freehold or leasehold?
Malvern Springs is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Malvern Springs located?
Malvern Springs is located at 373 Onan Road Malvern Springs Singapore 424775 in D15 / Katong, Joo Chiat, Amber Road.
How current is the Malvern Springs transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.