SPOTTISWOODE SUITES is a freehold development along SPOTTISWOODE PARK ROAD in District 2 (CBD (Tanjong Pagar, Anson)), part of the RCR segment of Singapore's private residential market. The project comprises 183 units and is TOP 2017.
This profile draws on 45 recorded transactions from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 9 years from TOP, SPOTTISWOODE SUITES is in the early-mature phase: facilities are well-broken-in, strata operations are stable, and pricing has been through one or two market cycles — making comparable-sales analysis meaningful.
Within District 2 (CBD (Tanjong Pagar, Anson)), the immediate context for SPOTTISWOODE SUITES is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 45 sales and 502 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SPOTTISWOODE SUITES dashboard.
- Average sale price: $1,361,320 across 45 transactions
- Estimated gross rental yield: 3.2%
- District 2 PSF ranking: Above average (top 32%)
- Freehold tenure · RCR · D2 · 183 units
About SPOTTISWOODE SUITES
SPOTTISWOODE SUITES is a freehold condominium, located at SPOTTISWOODE PARK ROAD in District 2 (Anson, Tanjong Pagar) (Rest of Central Region), developed by SPOTTISWOODE DEVELOPMENT PTE LTD, comprising 183 residential units, completed in 2017.
As a freehold property, SPOTTISWOODE SUITES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at SPOTTISWOODE SUITES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 22 | $2,350 psf | $1,047,290 |
| 1 BR | 10 | $2,328 psf | $1,339,100 |
| 2 BR | 7 | $2,207 psf | $1,742,143 |
| 3 BR | 6 | $1,908 psf | $2,105,500 |
Sales Market Overview
SPOTTISWOODE SUITES has recorded 45 sale transactions with an average transaction price of $1,361,320, ranging from $970,000 to $2,500,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 11 | $2,020 psf | $1,406,364 | — |
| 2022 | 9 | $2,234 psf | $1,590,278 | ↑ 10.6% |
| 2023 | 6 | $2,420 psf | $1,188,333 | ↑ 8.3% |
| 2024 | 12 | $2,389 psf | $1,386,667 | ↓ 1.3% |
| 2025 | 5 | $2,373 psf | $1,139,778 | ↓ 0.7% |
| 2026 | 2 | $2,249 psf | $1,004,000 | ↓ 5.2% |
SPOTTISWOODE SUITES ranks in the top 32% of condos in District 2 by average PSF.
Compared to the RCR average of $2,049 psf, SPOTTISWOODE SUITES trades 10.5% above the segment benchmark.
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Rental Market Overview
SPOTTISWOODE SUITES has recorded 502 rental transactions with monthly rents averaging $3,656/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 258 | $3,115/mo | $1,500/mo | $4,000/mo |
| 2 BR | 174 | $4,003/mo | $2,800/mo | $6,000/mo |
| 3 BR | 70 | $4,790/mo | $3,200/mo | $7,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 95 | $2,929/mo |
| 2022 | 110 | $3,542/mo |
| 2023 | 86 | $4,038/mo |
| 2024 | 82 | $3,849/mo |
| 2025 | 98 | $3,893/mo |
| 2026 | 31 | $3,969/mo |
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Investment Analysis
Based on average rents and sale prices, SPOTTISWOODE SUITES delivers an estimated gross rental yield of 3.2%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 2
Side-by-side comparison against the most actively traded condos in District 2 (Anson, Tanjong Pagar):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| ONE BERNAM | 99 yrs lease commencing from 2019 | 364 | $2,587 psf | 357 |
| NEWPORT RESIDENCES | Freehold | 487 | $3,129 psf | 192 |
| ICON | 99 yrs lease commencing from 2002 | 646 | $1,790 psf | 144 |
| SKYSUITES@ANSON | 99 yrs lease commencing from 2008 | 360 | $2,230 psf | 96 |
| SKY EVERTON | Freehold | 262 | $2,800 psf | 75 |
Location Map
Map shows SPOTTISWOODE SUITES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SPOTTISWOODE SUITES
- Cantonment MRT
- Outram Park MRT
- Outram Park MRT
- Outram Park MRT
- Prince Edward Road MRT
- Cantonment Primary School
- Outram Secondary School
- Gan Eng Seng School
Nearby MRT Stations
SPOTTISWOODE SUITES is 520m from Cantonment MRT (Circle Line), with 11 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Cantonment | CC31 | Circle Line | 520m |
| Outram Park | EW16 | East-West Line | 520m |
| Outram Park | NE3 | North-East Line | 520m |
| Outram Park | TE17 | Thomson-East Coast Line | 520m |
| Prince Edward Road | CC32 | Circle Line | 730m |
| Maxwell | TE18 | Thomson-East Coast Line | 930m |
| Tanjong Pagar | EW15 | East-West Line | 1.0 km |
| Shenton Way | TE19 | Thomson-East Coast Line | 1.2 km |
Nearby Schools
There are 5 schools within 2 km of SPOTTISWOODE SUITES, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Cantonment Primary School | Primary | 450m |
| Outram Secondary School | Secondary | 890m |
| Gan Eng Seng School | Secondary | 1.9 km |
| Gan Eng Seng Primary School | Primary | 2.0 km |
| Fairfield Methodist School (Primary) | Primary | 2.0 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Cantonment is about 0.52km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
School-belt proximity. Cantonment Primary School sits about 0.45km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
- ✅ Young couple, first home: Long balance lease + likely sub-CCR pricing
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: SPOTTISWOODE SUITES hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 45 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for SPOTTISWOODE SUITES?
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Is SPOTTISWOODE SUITES freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 45 transactions analysed
- Rental data: 502 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for SPOTTISWOODE SUITES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 342 condo transactions recorded in District 2 over the last 12 months, 58% new sale, 41% resale, 1% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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HDB Alternatives Nearby
Weighing SPOTTISWOODE SUITES against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (150m away), an upgrader gap of about $450,000
- Central Area — 4-room average $1,088,814 (410m away), an upgrader gap of about $300,000