As a real estate professional, I can confidently say the launch of Springleaf Residence marks a turning point for the Upper Thomson area. Within just two days (Aug 15–16), joint developers GuocoLand and Hong Leong sold 870 out of 941 units (92%), with an average price of $2,175 psf. This is not just another sell-out – it’s a signal of how buyers are responding to the unique blend of nature, convenience, and growth potential in Springleaf.
🌳 Why Springleaf Residence Stands Out
- 92% sold at launch – one of 2025’s top-selling projects.
- Most units below $2.5M – rare affordability at today’s market levels.
- 2-minute sheltered walk to Springleaf MRT on the Thomson-East Coast Line.
- Sky Terraces + conservation block – blending modern living with heritage charm.
- Strong upgrader demand – nearby 4,800 HDB flats recently hit MOP, creating a ready pool of buyers.
📊 Sales Breakdown
- 2-Bedroom Units: Almost fully sold (340 units).
- 3-Bedroom Units: 95% taken up (384 units).
- 4-Bedroom Units: 138 units snapped up quickly.
- 5-Bedroom Units: 45% sold (71 units).
- Conservation Block: 20 of 32 units sold, with unique layouts attracting niche buyers.
🚀 Market Commentary
At $2,175 psf, Springleaf Residence is priced attractively versus the OCR average of ~$2,320 psf. Buyers are clearly recognising the value of being close to MRT connectivity and Singapore’s largest nature reserve. This mirrors earlier success stories in Lentor, where early buyers have already seen strong returns.
The upcoming Upper Thomson (Parcel A) GLS site, right next to Springleaf Residence, will further enhance the area’s vibrancy with 595 new homes and retail spaces. With this momentum, developers are expected to bid aggressively, showing long-term confidence in Springleaf’s growth story.
🔑 Summary & Key Takeaways
- Springleaf Residence 92% sold at launch – strong market confidence.
- Average price $2,175 psf – below OCR average, still room for upside.
- MRT connectivity + nature + lifestyle = winning combination.
- Upcoming GLS sites to drive further growth and value appreciation.
- Perfect for HDB upgraders & investors seeking long-term returns.
📢 Let’s Talk!
If you’ve been considering a home or investment in the Upper Thomson area, now is the time to act. With supply tightening and future launches expected at higher price points, Springleaf and its surroundings offer some of the best opportunities today.
Let’s discuss which units and upcoming launches might be the right fit for you.
[Contact me today for a non-obligatory consultation]