D02 Tanjong Pagar

SPOTTISWOODE PARK

SPOTTISWOODE PARK ROAD · District 02 · 99 yrs lease commencing from 1973

Median Price

S$988K

60 transactions

Price Range

S$850K - S$1.4M

Tenure

Leasehold

99 yrs lease commencing from 1

Avg Rent

S$3.85 psf

per month

SPOTTISWOODE PARK Price Analysis

SPOTTISWOODE PARK is a leasehold development on SPOTTISWOODE PARK ROAD in District 02 (Tanjong Pagar). According to URA transaction records, 60 private residential transactions have been recorded at this development, with a median price of S$988,000. Prices range from S$850K for the smallest units to S$1.4M 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$921,000.

Floor level significantly impacts pricing at SPOTTISWOODE PARK. High-floor units (21-25) command a median of S$1,165,000, while low-floor units (01-05) sell for S$940,000. That is a 24% premium for higher floors, worth S$225K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, SPOTTISWOODE PARK commands an average of S$3.85 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.0%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

21-25

S$1.2M

6 txns

11-15

S$994K

16 txns

16-20

S$990K

15 txns

06-10

S$943K

12 txns

01-05

S$940K

11 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
2-Bed (70-100 sqm)	S$921K	79 sqm	30
3-Bed (100-130 sqm)	S$1.2M	120 sqm	30

FAQ

What is the average price of SPOTTISWOODE PARK?

The median transaction price at SPOTTISWOODE PARK is S$988,000, based on 60 URA-recorded transactions. Prices range from S$850K to S$1.4M.

Does floor level affect prices at SPOTTISWOODE PARK?

Yes. High-floor units (21-25) sell for a median of S$1,165,000, while low-floor units (01-05) sell for S$940,000. That is a 24% premium for higher floors.

What is the rental rate at SPOTTISWOODE PARK?

The average rental rate at SPOTTISWOODE PARK is approximately S$3.85 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.