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Commercial Directory · Retail · District 23

Maysprings

2 sales from Oct 2023 to Nov 2023, at a median $1,449 psf (Oct 2023 to Nov 2023).

District 23 At a glance

Median psf, all sales
$1,449
Sales since Oct 2023
2
Latest sale, Nov 2023
$1,597 psf
Tenure
99-year lease

2 of 2 sellers with a known purchase price sold for more than they paid; the median made 3.4% a year.

Buying or selling at Maysprings?

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2 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
8 Nov 2023Retail1344$550,000$1,597ResaleMay 2014, $400k$150k3.4%
31 Oct 2023Retail1538$700,000$1,301ResaleSept 2012, $480k$220k3.4%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Maysprings Questions

How much does a unit at Maysprings cost?

2 unit sales at Maysprings from Oct 2023 to Nov 2023 went for $1,301 to $1,597 psf, a median $1,449 psf on units of 344 to 538 sq ft. The latest, in Nov 2023, was $550,000 for 344 sq ft ($1,597 psf).

Did sellers at Maysprings make money?

2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $185k, 3.4% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Maysprings?

The sales here are retail units in District 23 (Outside Central Region), most on a 99-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 23 Nearby buildings

All 302 buildings