GuocoLand’s Springleaf Residence, a high-end residential development in Singapore, achieved remarkable success during its launch weekend, selling 92% of its 941 units. The development, which integrates nature and heritage conservation, drew significant interest from homebuyers, with prices starting at $630,000 (S$860,000) for a one-bedroom unit. The launch took place over 15 and 16 August 2025, with an average selling price of $1,590 (S$2,175) per square foot.
The project saw almost all of its two-bedroom units sold, whilst 95% of the three- and four-bedroom units were snapped up. The five-bedroom flats also attracted buyers, with 45% of the units sold. The majority of purchasers were Singaporeans and permanent residents, including singles, young couples, families, and multi-generational households. Buyers were particularly drawn to the condominium’s location, lush setting, and well-designed unit layouts.
Springleaf Residence is situated on a 3.2-hectare site and is the first high-rise condominium in the Springleaf precinct. It offers 909 two- to five-bedroom flats across five 25-storey towers, along with 32 one- to three-bedroom flats in a conserved building. Dora Chng, Residential Director at GuocoLand, noted, “This marks the start of Springleaf’s transformation into one of Singapore’s most sought-after private residential enclaves.”
Following this success, GuocoLand plans to launch Faber Residence, a 399-unit waterfront development, by the end of the year. This project will feature nine low-rise blocks and offer a unique blend of waterfront living and natural surroundings. Faber Residence will be jointly developed with TID Pte. Ltd. and Hong Leong Holdings.
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