Otto Place
, Tengah, West · 99-year leasehold · Launched ·
Otto Place is a 600-unit executive condominium at Plantation Close in Tengah's Plantation District, with eight residential blocks of three- and four-bedroom units. It is a four-minute walk to the upcoming Bukit Batok West and Tengah Park stations on the Jurong Region Line.
- From
- S$1.39Mmay be outdated
- Lowest
- S$1,588calculated
Exterior: Otto Place facade, artist's impression. Otto Place official website (Hoi Hup) 
Exterior: Aerial view at night, artist's impression. Otto Place official website (Hoi Hup) 
Interior: Living and dining area. Otto Place official website (Hoi Hup) 
Interior: Bedroom. Otto Place official website (Hoi Hup) 
Facilities: 50 m lap pool, artist's impression. Otto Place official website (Hoi Hup)
Images from the developer, usually artist's impressions. The finished project may differ.
Executive condominium: buyers must meet income, citizenship and other HDB rules. Check you are eligible first.
Want to see how this project fits you? Rank the launches by your budget, size, area and MRT distance, then open it from the list.
- Ready ()
- 2028
- Nearest MRT or LRT
- 793 m · ~10 min walkcalculated
- so far
- 596 of 600 (99.3%)
- Recent sales, median
- S$1,757 psfcalculated
- , median
- S$1,807 psfcalculated
- 99-year leasehold
- Developer
- Hoi Hup Sunway Plantation Pte Ltd
- Launched
- 19 Jul 2025
Nearest station in service: Chinese Garden MRT Station. Distances are straight-line; walking routes are longer.
Is it worth buying?
PropGPT financial score
79out of 100
Strong case on the numbers
Confidence: low, many figures missing (43% of the weight known)
Adds up the measurable lines below: price against comparable homes, rental yield, the lease, how nearby prices moved, MRT distance and competing supply. 65 or more is a strong case on the numbers, 45 to 64 fair, under 45 weak. It leaves out what only you can judge (layout, school, the view) and is not a valuation or advice.
What makes up the scoreHide what makes up the score
| Part | Mark | Why |
|---|---|---|
| Price vs similar homes nearbynot countedNot known yet. | Not known | Not known yet. |
| Rental yield vs typical33% of the scoreRent of about 2.7% of the price a year; typical is 2.4%. | 77 | Rent of about 2.7% of the price a year; typical is 2.4%. |
| Price vs other new launches nearbynot countedNot known yet. | Not known | Not known yet. |
| Price vs launches in the regionnot countedNot known yet. | Not known | Not known yet. |
| Price vs the developer's likely breakevennot countedNot known yet. | Not known | Not known yet. |
| Value lost to the lease in the next 10 years22% of the scoreAbout 97 years left: the lease takes about 2.3% off its value in the next 10 years. | 77 | About 97 years left: the lease takes about 2.3% off its value in the next 10 years. |
| Nearby homes that beat the marketnot countedNot known yet. | Not known | Not known yet. |
| Distance to the MRT22% of the score399 m to the nearest station (planned). | 89 | 399 m to the nearest station (planned). |
| Competing homes finishing nearby11% of the scoreNo competing homes finishing nearby around the same time. | 100 | No competing homes finishing nearby around the same time. |
| Developer's track record11% of the scoreNo problems reported, but few completed projects. | 50 | No problems reported, but few completed projects. |
What a property agent would weigh up, from public data. Each line gives a plain answer and what it means for you. Open “Show the calculation” on any line for the exact figures.
PropGPT compares private condos and apartments only (ECs with ECs). HDB flats and landed homes are never in these comparisons, and every price is a real sale recorded by URA, not an asking price.
In your favour 3Neutral 2Watch out 0Not known yet 5
Am I paying a fair price?
Price vs similar resale homes nearby · Not known yet
Not known yet
Fewer than 10 similar resale ECs sold within 1.5 km in the last 12 months, or no price is known yet.
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What it compares
This project's median price per sq ft (its own new sales in the last 12 months) against resale ECs and apartments within 1.5 km, sold in the last 12 months, any size. Each resale price is scaled to this project's lease. Not included: HDB flats, landed homes, homes resold before completion (sub-sales), and this project itself.Price vs other new launches nearby · Not known yet
Not known yet
Fewer than 10 new-launch sales of similar size in other projects within 1.5 km in the last 12 months.
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What it compares
This project's median price per sq ft against new-launch sales in other projects within 1.5 km over the last 12 months, same size range (any size).Price vs other ECs · Not known yet
Not known yet
Fewer than 5 others to compare with.
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What it compares
This project's price per sq ft against the median of every other EC selling now, anywhere in Singapore.Land cost vs launch price · Not known yet
Not known yet
PropGPT has not found what the developer paid for the land yet.
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What it compares
This project's price per sq ft against what the developer likely needs to break even: the land price per sq ft of allowed floor area (psf ppr) × 1.4.
Can it earn or hold its value?
Rental yield · In your favour
About 2.7% of the price a year in rent, before costs
More than the typical 2.4% for launches selling now, so rent would cover more of your costs if you let it out.
- This launch
- 2.7%
- Typical for launches selling now
- 2.4%
Based on 25 rental contracts, Q1 2026 to Q3 2026
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What it compares
Rents of ECs and apartments of similar size within 1.5 km (URA rental contracts, last 4 quarters), per sq ft, × 12, against this project's price per sq ft.The figures
- Nearby rent: S$3.91 per sq ft a month, median of 25 contracts (URA, Q1 2026 to Q3 2026)
- Yield = S$3.91 × 12 ÷ S$1,757 psf = 2.7%. In your favour when 0.3 percentage points or more above the typical yield; watch out when 0.3 or more below.
How fair is this comparison?
Fair. Rents of similar homes nearby, not of this project, which is not finished yet.What this check cannot see
- Gross yield: property tax, maintenance fees, agent fees and empty months usually take 1 to 2 percentage points off.
- URA records rented sizes as ranges (for example 900–1,000 sq ft); PropGPT uses the middle.
- New homes usually rent for more than the older homes nearby, so this may understate.
Lease · Neutral
99-year leasehold
A lease loses value slowly at first, then faster: about 96% of a freehold home's value when new, 91% with 80 years left, 80% with 60 years left.
Based on URA's title record
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What it compares
The title's tenure, as recorded by URA.The figures
- SLA leasehold table (Bala's Table).
How fair is this comparison?
Very fair. A fact about this home.What this check cannot see
- Bala's Table describes land value; what buyers pay for old leases does not follow it exactly.
How nearby homes' prices moved · Not known yet
Not known yet
Fewer than 3 nearby projects have enough sales two or more years apart to compare.
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What it compares
For each project within 1.5 km with enough sales: the median price of its first 12 months of sales in PropGPT's data against its resales in the last 12 months, at least 2 years apart, compared with URA's private non-landed price index over the same quarters.MRT · In your favour
793 m to Chinese Garden MRT Station
A planned station, Bukit Batok West (planned), is closer at 399 m. It has no opening date in PropGPT.
Based on LTA station exits and URA Master Plan 2019, worked out 4 Nov 2026
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What it compares
Straight-line distance from the project's map point to the nearest MRT or LRT exit in service (LTA), and to the nearest planned station (URA Master Plan 2019).The figures
- In your favour within 500 m of a station in service or planned; watch out over 1 km from both.
How fair is this comparison?
Very fair. A fact about this location.What this check cannot see
- Straight-line distance: walking routes are longer, often by a third.
- Planned stations can be years away and dates change.
What could go wrong?
Competing homes finishing nearby · In your favour
No other unfinished projects within 1.5 km due around the same time
No competition from other new homes when you want to rent out or sell.
Based on URA's list of projects not yet completed, worked out 4 Nov 2026
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What it compares
Homes in other private projects within 1.5 km that URA lists as not yet completed, due within 2 years of this project's completion (TOP).The figures
- URA pipeline of private homes not yet completed.
- In your favour when there are none; watch out at 1,000 homes or more.
How fair is this comparison?
Fair. Counts homes, not who will sell or rent them.What this check cannot see
- Completion years in URA's pipeline often shift by a year or more.
- Land sold but not yet in URA's pipeline is not counted.
- 1.5 km in a straight line can reach across an expressway, river or park into a different market.
Developer's track record · Neutral
no problems found in the news
No problems found in the news, but few completed projects to judge by.
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What it compares
Housing projects the developer has completed in Singapore, and delays, defects or disputes reported in established news in the last 10 years (PropGPT research).How fair is this comparison?
Fair. The developer's other projects, not this one.What this check cannot see
- Only problems reported in the news are found; many defects are settled quietly.
- Joint ventures: a problem of one partner is listed even when the other partner led the project.
Cost to buy, hold and sell · Fact
S$40,160 in stamp duty for the cheapest unit
Profit only starts after these costs are covered.
Based on today's IRAS stamp duty rates
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What it compares
Stamp duties under the current IRAS rates for the price shown.The figures
- Stamp duty on S$1.39M: S$40,160 (assumes a Singapore citizen buying a first home)
- Selling within 4 years of buying costs seller's stamp duty of 16% falling to 4%; buying now, that ends around Nov 2030.
- Interest is paid only on the loan drawn so far; payments rise as the building goes up.
- EC: you cannot sell or rent out the whole flat until 5 years after the building's TOP (around 2033); 10 years for EC sites sold from May 2026.
How fair is this comparison?
Very fair. Worked out for this price.What this check cannot see
- Assumes a Singapore citizen buying a first home until you add your details.
Good to know (not judged)
Sales so far · Fact
99.3% sold in 16 months
Fast sales show interest, but projects that sold fast have later made losses and slow sellers have made gains. Not a sign of profit.
Project size · Fact
600 homes
Big projects have more facilities but more owners selling against you at the same time.
Government land sales and big developments nearby · Fact
1 planned within about 2 km
New land sales add competing homes; new stations, malls and offices add demand. Both are public, so prices may already include them.
Based on PropGPT research, 22 Oct 2026
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The figures
- Four-minute walk to Bukit Batok West and Tengah Park stations on the Jurong Region Line, expected to open in 2028
Sources
Sunway Property: Hoi Hup-Sunway JV to preview Otto Place executive condo, retrieved 2026-10-22Growth-area plans · Fact
Near the Jurong Lake District and Jurong Innovation District business hubs
Growth areas are planned for decades and are public, so prices often include them already.
Based on PropGPT research, 22 Oct 2026
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Sources
Sunway Property: Hoi Hup-Sunway JV to preview Otto Place executive condo, retrieved 2026-10-22
PropGPT calculations from URA and data.gov.sg, updated 3 Nov 2026. PropGPT is not a licensed estate agency and does not act for buyers or sellers. These figures are not a valuation, a forecast or financial advice, and past results nearby do not predict future returns. How each line is worked out
What you would pay
For the cheapest 3BR Deluxe at S$1,389,000. Estimates, not financial advice.
- Monthly loan payment
- S$4,392
- Cash and CPF needed upfront
- S$390,410at least S$69,450 of it in cash
- S$40,160
- S$0
PropGPT calculation: at 3.0% over 30 years; upfront = price − loan + stamp duties + about S$3,000 legal fees. Banks require at least 5% of the price in cash; the rest can come from CPF. Stamp duty assumes a Singapore citizen buying a first home. Add your details for your own figures. You can change the loan assumptions in Compare.
Unit types and prices
As published by the developer or reported in the press. Availability changes daily; confirm with the developer.
3BR Deluxemay be outdatedfrom S$1,389,000
872 sq ftS$1,593 psf
3BR Deluxe + Studymay be outdatedfrom S$1,470,000
904 to 936 sq ftS$1,626 psf
3BR Luxury + Studymay be outdatedfrom S$1,550,000
947 to 958 sq ftS$1,637 psf
4BR Deluxe + Studymay be outdatedfrom S$1,652,000
1,012 sq ftS$1,632 psf
4BR Luxury + Studymay be outdatedfrom S$1,898,000
1,195 sq ftS$1,588 psf
| Type | Size (sq ft) | Price | |
|---|---|---|---|
| 3BR Deluxemay be outdated | 872 | from S$1,389,000 | S$1,593 |
| 3BR Deluxe + Studymay be outdated | 904 to 936 | from S$1,470,000 | S$1,626 |
| 3BR Luxury + Studymay be outdated | 947 to 958 | from S$1,550,000 | S$1,637 |
| 4BR Deluxe + Studymay be outdated | 1,012 | from S$1,652,000 | S$1,632 |
| 4BR Luxury + Studymay be outdated | 1,195 | from S$1,898,000 | S$1,588 |
Price per square foot of actual sales, by month
URA caveats lodged for new sales; median per month calculated by PropGPT. Months with no sales are left out.
Nearby homes and what they sold for
Private condos and apartments within 1.5 km sold in the last 12 months (URA). Use this to judge whether the price is high or low for the area.
7 nearby projects, median from S$1,219 to S$2,128. Show the listHide the list
| Project | Distance | Tenure | Median PSF | Typical size | Sales |
|---|---|---|---|---|---|
| THE MAYFAIR | 407 m | 99-year from 1996 | S$1,219 | 1,184 sq ft | 11 |
| PARC OASIS | 562 m | 99-year from 1991 | S$1,231 | 1,227 sq ft | 22 |
| LE QUEST | 1,029 m | 99-year from 2016 | S$1,664 | 883 sq ft | 23 |
| LAKEVILLE | 1,239 m | 99-year from 2013 | S$1,846 | 969 sq ft | 27 |
| THE JADE | 1,356 m | 99-year from 2001 | S$1,443 | 1,335 sq ft | 7 |
| J GATEWAY | 1,408 m | 99-year from 2012 | S$2,128 | 684 sq ft | 28 |
| LAKE GRANDE | 1,439 m | 99-year from 2015 | S$1,927 | 775 sq ft | 47 |
Location
- Nearest MRT station
- Chinese Garden MRT Station
- 793 m · ~10 min walk
- Nearest school
- Jurong Primary School
- 404 m · ~6 min walk
- Nearest park
- Tengah Linear Woods
- 1.0 km · ~13 min walk
- Nearest supermarket
- Prime Supermarket Limited?
- 665 m · ~9 min walk
Open data from LTA, NParks, MOE and SFA (data.gov.sg), located with OneMap. Malls are not shown: no open dataset exists. Map: OpenFreeMap, OpenStreetMap contributors.
What next?
Add Otto Place to Compare and put it next to two or three others, or go back to all launches. Before you commit, visit the showflat and confirm prices with the developer.