Otto Place rent and sale price
D24 / Lim Chu Kang, Tengah
Address 24 Plantation Close Otto Place (U/C) Singapore 690097
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Executive Condominium 593 transactions 99-year leasehold from 2024 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Otto Place
Otto Place is a 99-year leasehold executive condominium in D24 / Lim Chu Kang, Tengah. The page currently tracks 0 rentals and 593 sales. Otto Place is near BUKIT BATOK WEST MRT STATION (JE3), about 0.4 km away.
For rent checks, use the district and nearby project pages because project-specific rent benchmarks are not available yet. For sale checks, start with the median sale price of $1,695,000 and median sale PSF of $1,754 psf, then compare floor-band evidence from $1,644,000 to $1,772,500 and PSF from $1,712 psf to $1,824 psf.
- No project-specific rent data is loaded yet, so use nearby projects and district rental comps before judging rent.
- Typical sale price is $1,695,000, with median sale PSF at $1,754 psf and total recorded sale value of $1.0B.
- Rent trend is not available yet. Sale PSF is down 2.5% over the last 3 months.
Otto Place Market Position
How this project compares with the wider D24 market before you read the detailed tables.
Rent vs D24 Building
Rent comparison still building
Project rent or district rent is still too thin for a clean rent-vs-district comparison.
Sale PSF vs D24 +1.4%
Sale PSF near district median
Otto Place's median sale PSF is $1,754 psf versus the D24 median of $1,730 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support Building
Yield comparison still building
Gross yield needs both rent and sale evidence, so this signal will improve when both sides have deeper project records.
Rent stability Limited data
Stability still building
There are not enough recent monthly records to judge rent stability cleanly.
Market activity -89.0%
Activity is lighter
59 recent transactions versus 534 in the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2024 matters most on sale price. Compare Otto Place against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Otto Place Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent No rent data
Is the asking rent fair?
There is no project rent anchor yet. Use similar nearby projects and D district rents first.
Median sale PSF $1,754 psf
Is the purchase price fair?
$1,640,000 to $1,750,000 and $1,700 to $1,810 psf are the first sale checks before adjusting for floor, size, view and condition.
Unit-size anchor Not available
Are similar units renting for more?
Bedroom and floor-area splits are not available yet, so nearby project pages matter more.
Rent stability Limited data
Is rent stable here?
Stability still building. There are not enough recent monthly records to judge rent stability cleanly.
Transaction volume -89.0%
Is activity rising?
Activity is lighter. 59 recent transactions versus 534 in the prior 6-month view.
Run Otto Place numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield Add rent Test gross and net yield against typical rent. Buy vs rent $1.7M Compare ownership cost against renting. Mortgage $1.7M Estimate monthly payment from the sale price. Stamp duty $1,754 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Otto Place Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2024
Property type Executive Condominium
Sales 593 new sale transactions
Total sold value $1.0B
Otto Place Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 0 Not available
Sale transactions 593 Jul 2025 to May 2026
Rent trend Not available No rent benchmark
Sale PSF trend -2.5% Last 3 months
Otto Place Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
BUKIT BATOK WEST MRT STATION (JE3) 0.4 km away
TENGAH PARK MRT STATION (JE2) 0.5 km away
CHINESE GARDEN MRT STATION (EW25) 0.77 km away
Schools nearby
JURONG PRIMARY SCHOOL 0.4 km away
BIG HEART STUDENT CARE (PRINCESS ELIZABETH PRIMARY SCHOOL) 0.46 km away
BUKIT BATOK SECONDARY SCHOOL 0.46 km away
PRINCESS ELIZABETH PRIMARY SCHOOL 0.49 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 11.23 km away
FAIRPRICE HUB Daily needs · 6.94 km away
JURONG PARK CONNECTOR Park / green link · 0.95 km away
YUHUA MARKET & HAWKER CENTRE Food centre · 0.63 km away
Otto Place Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent No rent benchmark No rental trend yet
Latest median sale PSF $1,850 psf 593 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 0 - 2 $1,850 psf $1,742,500
Apr 2026 0 - 1 $1,669 psf $1,994,000
Mar 2026 0 - 4 $1,714 psf $1,640,500
Feb 2026 0 - 11 $1,758 psf $1,672,000
Jan 2026 0 - 18 $1,781 psf $1,617,500
Dec 2025 0 - 23 $1,744 psf $1,598,000
Nov 2025 0 - 15 $1,738 psf $1,584,000
Oct 2025 0 - 19 $1,753 psf $1,624,000
Sept 2025 0 - 13 $1,775 psf $1,635,000
Aug 2025 0 - 170 $1,761 psf $1,681,500
Jul 2025 0 - 317 $1,746 psf $1,715,000
Projects Similar to Otto Place
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2023 Novo Place 0.1 km away 504 transactions
- Median rent
- -
- Median sale PSF
- $1,650 psf
- Median rent
- -
- Median sale PSF
- $2,113 psf
- Median rent
- $6,000
- Median sale PSF
- $1,340 psf
Otto Place Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
No bedroom rental split is available for this project yet.
Otto Place Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
No floor-area rental split is available for this project yet.
Otto Place Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,644,000 $1,712 psf 155
06 to 10 $1,676,000 $1,738 psf 161
11 to 15 $1,709,000 $1,783 psf 157
16 to 20 $1,772,500 $1,824 psf 120
Otto Place Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
No rental rows are available.
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent check
If you are renting
Otto Place does not currently have project-specific rent data loaded. Treat this page as a sale and location reference, then compare rent against similar nearby projects and the wider D24 rental market.
Median rent No rent data
Rentals 0
Rent signal Missing
- Do not anchor rent to a blank project median.
- Use bedroom count, floor area and nearby project pages before accepting an asking rent.
Offer check
If you are buying
Recent sales at Otto Place point to a typical sale price of $1,695,000 and $1,754 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,695,000
Median PSF $1,754 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2024 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Otto Place has 593 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $1.0B
Latest record May 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D24 to compare Otto Place against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Otto Place FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Otto Place?
Otto Place does not currently have project-specific rent data loaded, so rent should be checked against nearby project and district rental comps.
What is the typical sale price at Otto Place?
The median sale price for Otto Place is $1,695,000, based on 593 sales on this page.
What is the median sale PSF at Otto Place?
The median sale price per square foot for Otto Place is $1,754 psf. The average sale PSF is $1,759 psf.
Is Otto Place freehold or leasehold?
Otto Place is listed as 99-year leasehold from 2024. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Otto Place located?
Otto Place is located at 24 Plantation Close Otto Place (U/C) Singapore 690097 in D24 / Lim Chu Kang, Tengah.
How current is the Otto Place transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.