Fortune Spring - 1 Units for Rent
Fortune Spring is a freehold boutique condominium development at 7 Palm Road in District 15, Singapore. Completed in year 2003, it comprises a block of 4-storey building and has a total of 24 units of contemporary condominium. This low-rise development project is developed by Fortune Development Pte Ltd, a real estate development company, incorporated in Singapore in 1994. East Mews at 853 Mountbatten Road is another one of its past residential development projects. Fortune Spring is located in the eastern part of Singapore, a residential area rich with cultural and historical heritage. It is sitting in a prime residential area with established landed properties and upscale condominium. It is a very popular area with the expatriates. In recent year, many local residents, especially young couples and first-time homeowners have been drawn to live in this area due to its vast developments and affordable properties. Fortune Spring is located very close to the East Coast Park, the largest outdoor recreation park in Singapore. The East Coast Park with lush green and great view of the ocean is a great place for residents to unwind and have recreation activities. Fortune Spring offers residents a park-like living place. It is relatively close to the Central Business District, it is a convenient and idyllic place to live in. Fortune Spring is located in the core of district 15 with all the conveniences. Within the vicinity there are many renowned schools and shopping malls with vast array of amenities such as banks, retail outlets, supermarkets, lifestyle outlets and entertainment facilities. For dining, residents will be spoilt for choice as there are many restaurants and eateries in the area offering a plethora of multicultural cuisines. Residents also can easily get their groceries and daily necessities from the nearby Cold Storage and NTUC Fairprice outlets. It is a quiet peaceful place, ideal for families with children. This modern glass façade architectural design condo offers 24 exclusive units with the fourth storey units come with a private roof garden. Fortune Spring comes with full condo facilities such as communal swimming pool, basement car parks, children’s playground and BBQ Pits. The entire residence is guarded under 24-hour security, reassuring a safe peaceful living environment. Fortune Spring is in an area with excellent transportation facilities. It has a very good access to public transport. There is a multitude of bus services meandering through the area. Bus stops are readily within the vicinity. It is also accessible by the rail system via the Bedok (1.27km away), Kembangan (2.27km away), and Tanah Merah (2.34km away) MRT Stations. The rail system will be further upgraded with the upcoming Thomson-East Coast Line due in 2023. Fortune Spring is well linked by roads and expressways such as East Coast Parkway, and Kallang-Paya Lebar Expressway. Residents with vehicles can travel via these expressways to the Central Business District or the vibrant Orchard Road shopping belt and various parts of the city. Rosemount KindergartenRosemount International SchoolOpera Estate Primary SchoolBedok Green Primary SchoolStephen’s SchoolChai Chee Secondary SchoolVictoria SchoolTampines Secondary SchoolSekolah IndonesiaTemasek Junior CollegeParkway Hospitals Singapore TechnoparkParkway East HospitalSiglap CentreParkway ParadeEast Coast Shopping Mall The development comprises 24 units of contemporary condominium with full condo facilities.Project Name: Fortune SpringType: CondominiumDistrict: 15Configuration: 24 freehold condominiumSite area: 20,745 sq.ft. Unit Types for Fortune Spring:3-bedroom (1,012-2,336 sq.ft.) The following projects are by the same developer as Fortune Spring: ·East Mews The following developments are in the same neighourhood as Fortune Spring:Amber ParkMeyer MansionSeaside ResidencesSilverseaAmber 45Frankel Estate
DeveloperFORTUNE DEVELOPMENT PTE LTD
Explore PropertyGuru
Area-level search behaviour shows the development remaining relevant within current property browsing activity, drawing on 30 days of PropertyGuru search activity in East Coast / Marine Parade. Recent market data indicates the project preserves its visibility among active rental seekers exploring this segment of the market.
Most-searched Units: 5+ BedroomPricing by Unit Types:
- SIGLAP MRT STATION (805m, 9-10 mins) — Easy access to the upcoming rail network for faster commutes toward the city and eastern regions.
- OPPOSITE SIGLAP SOUTH COMMUNITY CLUB (175m, 2-3 mins) — Convenient bus services right at your doorstep for quick trips around the neighbourhood.
- SIGLAP STH CC (185m, 2-3 mins) — Reliable transport link serving multiple routes for a smooth daily commute.
- BLUE LION PRESCHOOL (220m, 2-3 mins) — A very short walk for parents with young children, making morning drop-offs completely stress-free.
- RAINBOW COVE MONTESSORI PRE-SCHOOL (234m, 2-3 mins) — Quality early childhood education located just a few minutes away from home.
- VICTORIA SCHOOL (708m, 8-9 mins) — A reputable secondary institution within easy walking distance for older students.
- FAMILY CLINIC (283m, 3-4 mins) — Immediate medical care nearby for general health needs and family consultations.
- GUARDIAN (986m, 11-12 mins) — Handy pharmacy for daily health essentials and personal care supplies.
- FAIRPRICE (754m, 9-10 mins) — Reliable grocery shopping for fresh produce and household necessities within a short walk.
- COLD STORAGE (978m, 11-12 mins) — Premium supermarket option nearby for a wider variety of gourmet and international products.
- GIANT SUPER - 55 SIGLAP ROAD (994m, 11-12 mins) — Large retail outlet providing a comprehensive range of affordable daily essentials.
- MEGUMI JAPANESE (507m, 6-7 mins) — Popular local spot for quality Japanese cuisine just a stroll away.
- LAI HUAT SAMBAL FISH (670m, 8-9 mins) — Famous local dining option perfect for family dinners and seafood lovers.
- STARBUCKS (732m, 8-9 mins) — Convenient cafe nearby for a quick coffee break or a casual meeting.
Fortune Spring demonstrates positive rental growth within the 3-bedroom segment despite limited transaction volume.
- Median Rental Appreciation: 3-bedroom units saw rents rise from $4,386 /mo to $4,000 /mo (9.65%) over the last one year.
- Transactions: 1 rental transactions in the last 6 months, showing modest rental activity.
- PG Pulse Insight: Rental growth for 3-bedroom units remains positive at 9.65%, though overall rental activity is currently modest.
Published date: September 1, 2026