OTTO PLACE
UrbanLens Analysis
OTTO PLACE commands $1,754 PSF -- 6% above what District 24 typically fetches ($1,650 PSF). Bukit Batok West MRT sits just 372m away (5-min walk), a clear connectivity win.
The +0.0% two-year price movement is negligible -- neither bullish nor bearish. 592 transactions over two years gives deep liquidity and reliable pricing signals. For context, COPEN GRAND has gained 21.2% over the same period.
Roughly 97 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
The 600-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NOVO PLACE | $1,650 | — | 0.0% |
| COPEN GRAND | $1,625 | — | +21.2% |
PSF Trend
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