RPS · Resale Project Scorecard
Spring Gardens — Grade B
RPS score 5.55/10 · D15 · East Coast, Marine Parade · 8 units · scored across 7 weighted factors — methodology published.
FH · Sum Keong Development Pte Ltd · TOP 2000
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: total returns, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 6/10
- Rental Yield10% weight
- 1/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +4.56% — but from only 2 resale sales in the last 10 years, too thin a sample to read capital appreciation reliably, so the score is discounted toward the cohort average.
2 primary schools within 1km (nearest: TANJONG KATONG PRIMARY SCHOOL at 0.35km). Strong school proximity — a genuine advantage for young families.
8 units — very small project; niche product with thin resale market.
0.92km from Marine Parade Mrt Stn (TE26) — moderate MRT proximity; walkable but not doorstep.
Rental yield of 2.09% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Paya Lebar Air Base redevelopment at 3.42km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: Tanjong Katong Primary School, HAIG Girls' School.
RPSResale Project Scorecard
Scored either side of Spring Gardens in East Coast, Marine Parade
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.