Otto Place
Located in District 24 (Lim Chu Kang, Tengah), Otto Place is a 99-year leasehold executive condominium in the Outside Central Region (OCR). The development was completed in 2025 and comprises 600 units, on a lease that commenced in 2024. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
OTTO PLACE
Over the 12 months to May 2026, Otto Place recorded 596 resale transactions at a median $1,754 psf (median price $1,696,000). Source: URA caveat data, as of May 2026.
Otto Place's median of $1,754 psf over the trailing 12 months places its pricing above roughly 50% of District 24 condos; resale liquidity has been active with 596 caveats lodged. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $1,661,000 | $1,774 psf | 936 sqft | 06 to 10 | 2BR |
| May-26 | $1,824,000 | $1,926 psf | 947 sqft | 16 to 20 | 2BR |
| Apr-26 | $1,994,000 | $1,669 psf | 1,195 sqft | 01 to 05 | 3BR |
| Mar-26 | $1,648,000 | $1,740 psf | 947 sqft | 01 to 05 | 2BR |
| Mar-26 | $2,012,000 | $1,684 psf | 1,195 sqft | 01 to 05 | 3BR |
| Mar-26 | $1,614,000 | $1,704 psf | 947 sqft | 06 to 10 | 2BR |
| Mar-26 | $1,633,000 | $1,724 psf | 947 sqft | 01 to 05 | 2BR |
| Feb-26 | $1,593,000 | $1,762 psf | 904 sqft | 06 to 10 | 2BR |
Can I afford Otto Place?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,696,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.