OTTO PLACE
PLANTATION CLOSE · District 24 · 99 yrs lease commencing from 2024
Median Price
S$1.7M
Price Range
S$1.4M - S$2.3M
Tenure
Leasehold
What is the price of OTTO PLACE?
The median transaction price at OTTO PLACE is S$1,683,000, based on 457 URA-recorded transactions. Prices range from S$1.4M to S$2.3M. OTTO PLACE is a leasehold development on PLANTATION CLOSE in District 24 (Lim Chu Kang). High-floor units cost 7% more than low-floor units.
OTTO PLACE Price Analysis
OTTO PLACE is a leasehold development on PLANTATION CLOSE in District 24 (Lim Chu Kang). According to URA transaction records, 457 private residential transactions have been recorded at this development, with a median price of S$1,683,000. Prices range from S$1.4M for the smallest units to S$2.3M for premium configurations.
The development offers units across 2 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,648,000.
Floor level significantly impacts pricing at OTTO PLACE. High-floor units (16-20) command a median of S$1,756,500, while low-floor units (01-05) sell for S$1,637,000. That is a 7% premium for higher floors, worth S$120K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$1.6M | 87 sqm | 383 |
| 3-Bed (100-130 sqm) | S$2.1M | 111 sqm | 88 |
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What is the average price of OTTO PLACE?
The median transaction price at OTTO PLACE is S$1,683,000, based on 457 URA-recorded transactions. Prices range from S$1.4M to S$2.3M.
Does floor level affect prices at OTTO PLACE?
Yes. High-floor units (16-20) sell for a median of S$1,756,500, while low-floor units (01-05) sell for S$1,637,000. That is a 7% premium for higher floors.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.