Fortune Spring

2003
Entrance of Fortune Spring
Bottom-up view of Fortune Spring
Logo of Fortune Spring

About Fortune Spring

Fortune Spring is a freehold Condo Apartment located in Bedok, District 15. Completed in 2003, it has a total of 1 blocks within the development and comprises a total of 24 units. It is within walking distance to MRT stations such as Siglap MRT and Bayshore MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Fortune Spring is also close to schools like Victoria School, Sekolah Indonesia Singapura and Kinderland Preschool @ Siglap. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Top Plus SuperMarket and H.M.S Minimart for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as C & K Family Clinic Pte Ltd. Singapore Post - Siglap Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Tanah Puteh Park, to enjoy some fresh air.

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Key Property Details

Project Name

Fortune Spring

Address

7 Palm Road, Singapore 456442
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Nearest MRT

Siglap MRT · 4 min walk

TOP date

1 Jan 2003

Tenure

Freehold

Project Size

Small (24 units)

Number of Units

24

Bedrooms

3

District

D15

Neighbourhood

Bedok

Blocks

1

Property type

Condo Apartment

Developer

Fortune Development Pte Ltd

Buildings in Fortune Spring

  • 7 Palm Road456442

Facilities for Fortune Spring

  • BBQ

    BBQ

  • Parking

    Parking

  • Playground

    Playground

  • Security

    Security

  • Swimming Pool

    Swimming Pool

Floor Plans

Fortune Spring has a total of 24 units, from 3 Beds - 3 Bath to 3 Beds - 3 Bath units. There are 20 types of floor plan from 1,012 sqft to 2,336 sqft

Total floor plans

20 Types

Bedroom type

3

Floor plans for Fortune Spring

All

3

Site Plans

Fortune Spring has 0 stack, 1 block and up to 0 storey.

Total blocks

1 Block

Total units

24 Units

Site plans and elevation charts for Fortune Spring

Fortune Spring Condo Site Plan in Bedok by Fortune Development Pte Ltd - Photo 0

Site Map of Fortune Spring

Pricing & Transaction History

Sale transaction history for Fortune Spring

45 sale transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date sold
Block
Unit
Beds
PSF
Area (sqft)
Price sold
04/2017
07
#01-xx
3 BR
S$ 1,161
1,034
S$ 1.200M
04/2017
07
#03-xx
3 BR
S$ 1,108
1,077
S$ 1.193M
12/2013
07
#04-xx
3 BR
S$ 773
2,132
S$ 1.648M
11/2013
07
#01-xx
3 BR
S$ 1,085
1,152
S$ 1.250M
08/2013
07
#04-xx
3 BR
S$ 765
2,390
S$ 1.828M
05/2013
07
#0x-xx
3 BR
S$ 799
2,088
S$ 1.668M
10/2012
07
#0x-xx
3 BR
S$ 968
1,033
S$ 1.000M
12/2011
07
#0x-xx
3 BR
S$ 903
1,163
S$ 1.050M
04/2011
07
#0x-xx
3 BR
S$ 870
1,195
S$ 1.040M
01/2011
07
#0x-xx
3 BR
S$ 557
2,388
S$ 1.330M
08/2010
07
#0x-xx
3 BR
S$ 827
1,034
S$ 855,000
02/2010
07
#0x-xx
3 BR
S$ 550
2,391
S$ 1.315M
12/2009
07
#0x-xx
3 BR
S$ 733
1,130
S$ 828,000
07/2009
07
#0x-xx
3 BR
S$ 725
1,076
S$ 780,000
06/2008
07
#0x-xx
3 BR
S$ 723
1,162
S$ 840,000
03/2008
07
#0x-xx
3 BR
S$ 753
1,162
S$ 875,000
07/2007
07
#0x-xx
3 BR
S$ 469
2,132
S$ 1.000M
01/2007
07
#0x-xx
3 BR
S$ 389
2,391
S$ 930,000
02/2006
07
#0x-xx
3 BR
S$ 575
1,130
S$ 650,000
01/2006
07
#0x-xx
3 BR
S$ 465
1,194
S$ 555,000

Source: URA, Realis and 99.co

Rent transaction history for Fortune Spring

47 rent transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date
Beds
PSF
Area (sqft)
Price
04/2026
3 BR
S$ 1.94
2,200-2,300
S$ 4,386
11/2025
3 BR
S$ 3.71
1,000-1,100
S$ 4,000
11/2025
3 BR
S$ 3.54
1,100-1,200
S$ 4,000
01/2025
3 BR
S$ 2.95
1,200-1,300
S$ 3,690
12/2024
3 BR
S$ 4.09
1,000-1,100
S$ 4,400
11/2024
3 BR
S$ 3.71
1,000-1,100
S$ 4,000
10/2024
3 BR
S$ 3.25
1,000-1,100
S$ 3,500
10/2024
3 BR
S$ 3.36
1,100-1,200
S$ 3,800
07/2024
3 BR
S$ 3.90
1,000-1,100
S$ 4,200
07/2024
3 BR
S$ 3.81
1,000-1,100
S$ 4,100
04/2023
3 BR
S$ 1.94
2,200-2,300
S$ 4,386
08/2022
3 BR
S$ 2.83
1,100-1,200
S$ 3,200
08/2022
3 BR
S$ 2.73
1,100-1,200
S$ 3,000
07/2022
3 BR
S$ 3.90
1,000-1,100
S$ 4,200
05/2022
3 BR
S$ 2.48
1,200-1,300
S$ 3,100
10/2021
3 BR
S$ 2.67
1,000-1,100
S$ 2,700
08/2021
3 BR
S$ 2.39
1,100-1,200
S$ 2,700
04/2021
3 BR
S$ 2.14
1,000-1,100
S$ 2,300
04/2021
3 BR
S$ 1.19
2,200-2,300
S$ 2,688
08/2020
3 BR
S$ 2.59
1,100-1,200
S$ 2,850

Source: URA, Realis and 99.co

Payment structure & financing options

Sale price

S$

S$ 4,158

/month

Principal
S$ 2,283
Interest
S$ 1,875

Downpayment (25%)

S$ 375k

Loan amount (75%)

S$ 1.13m

Tenure (yrs)

5

35

Loan (%)

10

75

Interest (%)

0

5

Upgrade Plan

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Location

Location of Fortune Spring

Fortune Spring is located at 7 Palm Road in District 15. The nearest MRT station to Fortune Spring is Siglap MRT.

Taxi

Public Transport

Driving

Add locations your travel to frequently to calculate travel time

Changi Airport

2 Transfers

40 mins

S$ 1.43

Raffles Place

1 Transfer

38 mins

S$ 1.39

Orchard Road

1 Transfer

44 mins

S$ 1.54

Amenities nearby Fortune Spring

Schools

Distance

Victoria School

581 m

Sekolah Indonesia Singapura

613 m

Kinderland Preschool @ Siglap

624 m

MRT Stations

Distance

Siglap

5 mins (305 m)

Bayshore

1.0 km

Bedok

1.3 km

Supermarkets

Distance

Greenberry Mini Mart

4 mins (239 m)

FairPrice - Siglap New Market

684 m

FairPrice Siglap New Market

686 m

Parks

Distance

Tanah Puteh Park

5 mins (346 m)

Siglap Linear Park

5 mins (348 m)

PUB Bedok Pond 4

560 m

Property Insights

Sale price trend overtime

1M

3M

6M

1Y

5Y

10Y

No data available

Rent price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$1.94 Avg. psf
Last 1 year S$3.06 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26S$ 0S$ 1kS$ 2kS$ 3kS$ 4kS$ 5kAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price
Properties at Fortune Spring are currently on the market, priced between S$ 555,000 to S$ 1.83M. Recent sales include a latest transaction at S$ 1.2 M with the highest sale recorded at S$ 1.83 M.

The average rent is S$ 1.94 PSF over the past six months and S$ 3.06 PSF over the year. Recent rental deals include the latest at S$ 4,386, with the highest rent reaching S$ 4,400.

Nearby condo project comparison

Project
Tenure
TOP
MRT Distance
Price range (Sale)
Avg. Price (Sale)
Price range (Rent)
Avg. Price (Rent)
Rental Yield
Fortune SpringFreehold2003
TE 28
Walk Icon4 mins (307m)
Siglap MRT
388.96 - 1,160.54 psf680.9 psf2,225 - 4,400 /mo3,126.6 /mo-
Suites @ EastcoastFreehold2014
TE 28
Walk Icon7 mins (535m)
Siglap MRT
1,198.96 - 2,043.72 psf1,564.4 psf2,700 - 3,400 /mo2,980 /mo4.83%
Elliot At The East CoastFreehold2013
TE 28
Walk Icon2 mins (111m)
Siglap MRT
1,455.11 - 1,806.4 psf1,672.45 psf8,800 /mo8,800 /mo2.53%
EastbayFreehold2011
TE 28
Walk Icon5 mins (336m)
Siglap MRT
1,421.4 - 1,891.03 psf1,642.92 psf1,800 - 5,200 /mo2,931 /mo3.11%
East SignatureFreehold2006
TE 28
Walk Icon4 mins (284m)
Siglap MRT
1,192.25 - 1,242.77 psf1,209.09 psf4,000 - 4,800 /mo4,400 /mo-
East PalmFreehold2004
TE 28
Walk Icon5 mins (392m)
Siglap MRT
1,242.22 - 1,805.67 psf1,523.95 psf6,000 - 6,300 /mo6,150 /mo2.63%
CamelodgeFreehold1998
TE 28
Walk Icon5 mins (365m)
Siglap MRT
1,446.95 psf1,446.95 psf---
Hua Xin CourtFreehold1983
TE 28
Walk Icon5 mins (336m)
Siglap MRT
2,223.35 - 2,233.5 psf2,228.43 psf6,500 /mo6,500 /mo1.86%
Woo Mon Chew CourtFreehold-
TE 28
Walk Icon6 mins (425m)
Siglap MRT
425.15 - 929.2 psf584.22 psf2,900 /mo2,900 /mo-

FAQs

General FAQs

When did the Fortune Spring TOP?

Fortune Spring obtained its TOP (Temporary Occupation Permit) in 2003.

What is the address of Fortune Spring?

The address of Fortune Spring is 7 Palm Road, Singapore.

What is the tenure for Fortune Spring?

The tenure of Fortune Spring is Freehold, starting from 2003. Upon expiration, the land reverts to the state unless the lease is renewed.

How many units are there in Fortune Spring?

Fortune Spring has a total of 24 residential units with numerous bedroom configurations to choose from.

How many blocks does Fortune Spring have?

Fortune Spring has a total of 1 blocks within the development.

What is the postal code of Fortune Spring?

The postal code of Fortune Spring is 456442.

Where to get floor plans for Fortune Spring?

You can find the floor plan layouts and unit configurations of Fortune Spring in the Floor Plan section above. 

Where can I find the Fortune Spring Site Plan?

You can view the site plans and elevation charts for Fortune Spring in the Site Plan section above.

Located FAQs

What is the nearest MRT Station to Fortune Spring?

Fortune Spring is well-served by nearby MRT/LRT stations, such as Siglap which is close to the development.

What are the schools nearby Fortune Spring?

Some of the nearest schools from Fortune Spring are Victoria School, Sekolah Indonesia Singapura and Kinderland Preschool @ Siglap, providing families with quality education close to home.

Where are the bus stops near Fortune Spring?

Several bus stops can be found near Fortune Spring, such as Opposite Siglap South Community Center, Siglap South Community Center and Opposite Chiang Court which is located close to the development.

What condo facilities are available to residents of Fortune Spring?

Some facilities at Fortune Spring are available, such as BBQ, Parking and Playground. Ensuring the lifestyle convenience of every resident. 

Price FAQs

What is the rental price of Fortune Spring?

The average rent at Fortune Spring in the past 6 months is S$ 4.13K, depending on unit size and type.

Investment & Finance FAQs

How much upfront cash/CPF do I need for a S$ 555,000 unit at Fortune Spring?

At a 75% LTV, the down-payment is S$ 138,750 (25%), of which at least S$ 27,750 (5%) must be in cash; the balance can come from CPF OA savings.

What property-tax rates apply if I rent out my unit at Fortune Spring?

Non-owner-occupied residential property at Fortune Spring is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.

Property News

Latest New Launch News

About the information on this page

The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo. 

If any of the information is inaccurate, please contact us and we will amend the details as soon as possible. If you have any queries, compliments, or feedback on how we can learn to serve you better, please also feel free to reach out to us. We’re listening!

Please read our full terms and conditions on 99.co’s website or learn more about 99 Group.

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