Rent vs D23 -7.9%
Rents near district median
Maysprings's latest 12-month median rent is $3,500 compared with the D23 median of $3,800 for the same period. Use this district check before narrowing by bedroom and area band.
Maysprings rent and sale price
D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang
Address 2 Petir Road Maysprings Singapore 678265
Open map
Quick summary about Maysprings
Maysprings is a 99-year leasehold apartment in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. The page currently tracks 558 rentals and 138 sales. Maysprings is near BUKIT PANJANG MRT STATION (DT1), about 0.28 km away.
For rent checks, start with the latest 12-month median of $3,500 per month and compare it with the full-history size-band range of $3,200 to $4,000. For sale checks, start with the latest 12-month median sale price of $1,374,444 and median sale PSF of $1,184 psf, then compare full-history floor-band evidence from $990,000 to $1,565,000 and PSF from $975 psf to $1,094 psf.
- Latest 12M median rent is $3,500 per month from 89 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,374,444, with median sale PSF at $1,184 psf from 16 sales.
- Rent is up 4.4% over the last 3 months. Sale PSF is up 12.4% over the last 3 months.
Maysprings Market Brief
Compare the project with D23 across rent, sale PSF, tenure and transaction activity.
Compared with D23
Sale PSF vs D23 -26.2%
Sale PSF below district median
Maysprings's latest 12-month median sale PSF is $1,184 psf versus the D23 median of $1,603 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.06%
Rent support near district screen
Gross yield is roughly 3.06% versus a D23 screen of 3.00%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 23.6% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity +10.9%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 1994 matters most on sale price. Compare Maysprings against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,500
Is the asking rent fair?
$3,350 to $3,700 is the first fair-rent band to check. Above $3,700 should have a visible reason.
Latest 12M median sale PSF $1,184 psf
Is the purchase price fair?
$1,330,000 to $1,420,000 and $1,150 to $1,220 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $3,200
Are similar units renting for more?
2 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 23.6% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume +10.9%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Maysprings Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 1994
Property type Apartment, Non-Landed Properties
Sales 138 resale transactions
Total sold value $166.3M
Maysprings Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 558 Jun 2021 to Jun 2026
Sale transactions 138 Jun 2021 to Jul 2026
Rent trend 4.4% Last 3 months
Sale PSF trend 12.4% Last 3 months
Maysprings 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
BUKIT PANJANG MRT STATION (DT1) 0.28 km away
BUKIT PANJANG MRT STATION 0.35 km away
CASHEW MRT STATION 0.83 km away
Schools nearby
GREENRIDGE SECONDARY SCHOOL 0.2 km away
ZHENGHUA PRIMARY SCHOOL 0.7 km away
BUKIT PANJANG PRIMARY SCHOOL 0.78 km away
WEST VIEW PRIMARY SCHOOL 0.79 km away
Amenities
BUKIT PANJANG PARK CONNECTOR Park / green link · 1.18 km away
BUKIT PANJANG HAWKER CENTRE Food centre · 1.01 km away
Maysprings Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,600 133 rentals in view
Latest median sale PSF $1,301 psf 26 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 0 - 1 $1,301 psf $1,050,000
Jun 2026 11 $3,600 1 $1,301 psf $1,050,000
May 2026 4 $4,000 2 $1,316 psf $1,387,500
Apr 2026 6 $3,525 2 $1,042 psf $1,385,000
Mar 2026 15 $4,200 0 - -
Feb 2026 8 $3,450 1 $1,200 psf $1,550,000
Jan 2026 7 $3,400 4 $1,158 psf $1,296,944
Dec 2025 4 $3,375 2 $1,279 psf $1,417,500
Nov 2025 5 $3,500 1 $1,152 psf $1,500,000
Oct 2025 8 $3,500 1 $1,124 psf $1,500,000
Sept 2025 4 $3,500 1 $984 psf $1,250,000
Aug 2025 7 $3,400 2 $1,260 psf $1,315,000
Projects Similar to Maysprings
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1995 Northvale 2.3 km away 677 transactions
- Median rent
- $3,300
- Median sale PSF
- $1,006 psf
- Median rent
- $3,850
- Median sale PSF
- $1,092 psf
- Median rent
- $3,600
- Median sale PSF
- $1,033 psf
- Median rent
- $3,700
- Median sale PSF
- $1,082 psf
- Median rent
- $3,600
- Median sale PSF
- $988 psf
- Median rent
- $3,250
- Median sale PSF
- $959 psf
Maysprings Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,200 $3,094 326
3 bed $4,000 $3,844 232
Maysprings Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
700 to 800 sqft $3,625 $3,500 8
800 to 900 sqft $3,200 $3,064 150
900 to 1,000 sqft $3,200 $3,100 168
1,200 to 1,300 sqft $4,000 $3,821 64
1,300 to 1,400 sqft $4,100 $3,830 126
1,400 to 1,500 sqft $4,000 $4,163 3
1,500 to 1,600 sqft $3,875 $3,888 36
1,700 to 1,800 sqft $4,400 $4,400 1
Maysprings Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,080,000 $975 psf 24
06 to 10 $1,150,000 $1,094 psf 37
11 to 15 $990,000 $1,078 psf 27
16 to 20 $1,232,500 $1,054 psf 34
21 to 25 $1,565,000 $1,043 psf 16
Maysprings 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
Maysprings shows a latest 12-month median monthly rent of $3,500 across 89 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,500
Rentals in period 89
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
Latest 12M sales at Maysprings show a median price of $1,374,444 and $1,184 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,374,444
Latest 12M median PSF $1,184 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 1994 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. Maysprings has 138 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $166.3M
Latest record Jul 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.
Run Maysprings numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,500/mo Test gross and net yield against typical rent. Buy vs rent $1.4M Compare ownership cost against renting. Mortgage $1.4M Estimate monthly payment from the sale price. Stamp duty $1,184 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D23 to compare Maysprings 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.
Maysprings FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Maysprings?
Maysprings has a latest 12-month median monthly rent of $3,500 across 89 rentals in that period.
What is the typical sale price at Maysprings?
The latest 12-month median sale price for Maysprings is $1,374,444, based on 16 sales in that period.
What is the median sale PSF at Maysprings?
The latest 12-month median sale price per square foot for Maysprings is $1,184 psf. The average for the same period is $1,190 psf.
Is Maysprings freehold or leasehold?
Maysprings is listed as 99-year leasehold from 1994. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Maysprings located?
Maysprings is located at 2 Petir Road Maysprings Singapore 678265 in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.
How current is the Maysprings 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.