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OTTO PLACE

Plantation Close · D24 Tengah
Executive Condominium99-yearEst. TOP 2028
This Executive Condominium is new / not yet completed (est. TOP 2028) and has not reached its 5-year Minimum Occupation Period (MOP). Until MOP, owners cannot sell on the open resale market, so the figures here are based on new-sale / launch transactions and resale history is limited — which is why the data-confidence score is low. ECs also fully privatise at 10 years, when Singapore PRs and foreigners can buy.
$1,754 psf
median $psf
median rent · psf/mo
gross rental yield
20
highest floor
600
total units
~2028
TOP / completion
Median $psf excludes ground & top-floor units · basis: last 12 months.
72
/ 100
HomeVestor Investor Score
Best for: Family demand
Watch out for: Limited rental data
Data confidence: Low · overall risk: Low
Yield
Cashflow
Liquidity57
Growth57
Family100
How is this worked out? — the five sub-scores
Yield
Gross rental yield, scored across a 2.0–4.5% band.
Cashflow
Estimated net monthly cash at 75% LTV and today’s floating rate, rented out.
Liquidity
Project size plus sales & rental volume — how easily you could exit.
Growth
URA growth-node, MRT proximity and recent price momentum.
Family
A popular (oversubscribed) primary school within 1 km.
Overall
The average of the five sub-scores (each 0–100, higher = better).
Risk flags
Limited rental data — 0 rental contracts, so the yield estimate is soft
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Otto Place is a leasehold project in D24 Tengah with limited yield data, modest liquidity and strong school demand (Princess Elizabeth Primary School within 1 km). It sits in a URA growth node (Tengah).

Best suited for
  • Family demand buyers
Less suited for
  • pure rental-yield investors
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.
  • Verify the school 1 km boundary & current MOE rules — priority is not a guarantee.

Investment report

A plain-language read on Otto Place — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Why this may work
  • In the Tengah URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Strong transaction liquidity — 596 resale deals in the past 12 months, so pricing is well-tested and exit is easier.
  • Oversubscribed primary school (Princess Elizabeth Primary School) within 1 km — a durable family-demand anchor.
  • Well-sized 600-unit project — larger developments trade at firmer $psf and resell faster.
Why this may fail / what to watch
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Recent project median $psfexcludes ground & top-floor units$1,754 psf
Same-size, recent compsfloor of ±25% size band, recency-weighted$1,757 psf
D24 district-comparablemedian $psf of all projects in the district$1,692 psf
HomeVestor fair range$1,649–$1,823 psf
≈ $1,561,603–$1,726,381 for a ~947 sqft unit

See the D24 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.8% target gross yield for a OCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Buy · Watch · Avoid

Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.

BUY — below fair
WATCH — around fair
AVOID — above fair
Watch zoneCurrent median $1,754 psf is around fair value — whether it’s a good buy comes down to the specific unit and price.
Compares project medians to a computed fair range — individual units vary. For educational purposes only — not financial advice.

Price trend

6-month rolling median $psf · excludes ground & top floor

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Popular schools nearby

Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.

Within 1 km — highest P1 priority
1 – 2 km

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Chinese Garden MRT Station · ~774 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameOTTO PLACE
Street NamePlantation Close
Property TypeExecutive Condominium
Tenure99 years leasehold
District / Planning AreaD24 / Tengah
Completion2028 · est. (under construction)
Number of units600 units
Highest floor in the project20
DeveloperHOI HUP SUNWAY PLANTATION PTE LTD
Land Area (sqm)
Master Plan Plot Ratio2.8

All transactions (596)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
both optional
Date Address Size
(sqft)
$psf Price
Show
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