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 Giant Super - 55 Siglap Road and Top Plus SuperMarket 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.
Key Property Details
Project Name | Fortune Spring |
|---|---|
Address | 7 Palm Road, Singapore 456442 View on map |
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
Parking
Playground
Security
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
Site Map of Fortune Spring
Pricing & Transaction History
Sale transaction history for Fortune Spring
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 |
Rent transaction history for Fortune Spring
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 |
Payment structure & financing options
Sale price
Mortgage calculation
on 2% interest rate
S$ 4,158
/month
Downpayment (25%)
S$ 375k
Loan amount (75%)
S$ 1.13m
Tenure (yrs)
5
35
Loan (%)
10
75
Interest (%)
0
5
Location
Location of Fortune Spring
Taxi
Public Transport
Driving
Add locations your travel to frequently to calculate travel time
2 Transfers
S$ 1.43
1 Transfer
S$ 1.39
1 Transfer
S$ 1.54
Amenities nearby Fortune Spring
Schools | Distance |
|---|---|
Victoria School | 581 m |
Sekolah Indonesia Singapura | 613 m |
Kinderland Preschool @ Siglap | 624 m |
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
Data Source: URA, Realis and 99.co
Powered by 99.co Researcher
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 Spring | Freehold | 2003 | TE 28  4 mins (307m)Siglap MRT | 388.96 - 1,160.54 psf | 680.9 psf | 2,225 - 4,400 /mo | 3,126.6 /mo | - |
| Suites @ Eastcoast | Freehold | 2014 | TE 28 7 mins (535m)Siglap MRT | 1,198.96 - 2,112.68 psf | 1,811.9 psf | 2,700 - 3,300 /mo | 2,900 /mo | 5.01% |
| Elliot At The East Coast | Freehold | 2013 | TE 28 2 mins (111m)Siglap MRT | 1,455.11 - 1,735.36 psf | 1,653 psf | 5,700 /mo | 5,700 /mo | 2.47% |
| Eastbay | Freehold | 2011 | TE 28 5 mins (336m)Siglap MRT | 1,343.52 - 1,891.03 psf | 1,598.41 psf | 3,200 - 4,800 /mo | 4,000 /mo | 3.26% |
| East Signature | Freehold | 2006 | TE 28 4 mins (284m)Siglap MRT | 1,192.25 psf | 1,192.25 psf | 4,000 - 4,750 /mo | 4,375 /mo | 4.35% |
| East Palm | Freehold | 2004 | TE 28 5 mins (392m)Siglap MRT | 1,421.17 psf | 1,421.17 psf | 5,800 /mo | 5,800 /mo | 2.49% |
| Camelodge | Freehold | 1998 | TE 28 5 mins (365m)Siglap MRT | 1,391.47 - 1,446.95 psf | 1,419.21 psf | - | - | - |
| Hua Xin Court | Freehold | 1983 | TE 28 5 mins (336m)Siglap MRT | 2,081.22 psf | 2,081.22 psf | 6,500 /mo | 6,500 /mo | 1.86% |
| Woo Mon Chew Court | Freehold | - | TE 28 6 mins (425m)Siglap MRT | 425.15 - 929.2 psf | 584.22 psf | 8,500 /mo | 8,500 /mo | - |
Nearby Condo Listings
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$ 4.39K, 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
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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.
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