Otto Place
Otto Place is a 99-year lease (97 yrs left) executive condo development in District 24 (Lim Chu Kang / Tengah). It has 596 recorded private transactions. Latest sale: $1,661,000 (May 2026, 87 sqm, floors 06-10). Median $1,754/sqft. 97 years lease remaining.
Where Otto Place ranks in District 24
All 4 projects ›Median psf over time
Estimate a unit at Otto Place
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.13% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,712 | 157 |
| 06-10 | $1,738 | 160 |
| 11-15 | $1,783 | 159 |
| 16-20 | $1,824 | 120 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| May 2026 | 06-10 | New Sale | 87 sqm | $1,661,000 | $1,774 |
| May 2026 | 16-20 | New Sale | 88 sqm | $1,824,000 | $1,926 |
| Apr 2026 | 01-05 | New Sale | 111 sqm | $1,994,000 | $1,669 |
| Mar 2026 | 01-05 | New Sale | 88 sqm | $1,633,000 | $1,724 |
| Mar 2026 | 01-05 | New Sale | 88 sqm | $1,648,000 | $1,740 |
| Mar 2026 | 06-10 | New Sale | 88 sqm | $1,614,000 | $1,704 |
| Mar 2026 | 01-05 | New Sale | 111 sqm | $2,012,000 | $1,684 |
| Feb 2026 | 11-15 | New Sale | 81 sqm | $1,533,000 | $1,758 |
| Feb 2026 | 01-05 | New Sale | 111 sqm | $2,037,000 | $1,705 |
| Feb 2026 | 01-05 | New Sale | 87 sqm | $1,618,000 | $1,728 |
| Feb 2026 | 11-15 | New Sale | 89 sqm | $1,672,000 | $1,745 |
| Feb 2026 | 11-15 | New Sale | 111 sqm | $2,139,000 | $1,790 |
| Feb 2026 | 11-15 | New Sale | 88 sqm | $1,721,000 | $1,817 |
| Feb 2026 | 06-10 | New Sale | 84 sqm | $1,593,000 | $1,762 |
| Feb 2026 | 11-15 | New Sale | 84 sqm | $1,575,000 | $1,742 |
| Feb 2026 | 16-20 | New Sale | 88 sqm | $1,771,000 | $1,870 |
| Feb 2026 | 06-10 | New Sale | 89 sqm | $1,688,000 | $1,762 |
| Feb 2026 | 01-05 | New Sale | 84 sqm | $1,525,000 | $1,687 |
| Jan 2026 | 01-05 | New Sale | 81 sqm | $1,499,000 | $1,719 |
| Jan 2026 | 06-10 | New Sale | 81 sqm | $1,590,000 | $1,824 |
| Jan 2026 | 01-05 | New Sale | 81 sqm | $1,551,000 | $1,779 |
| Jan 2026 | 11-15 | New Sale | 94 sqm | $1,942,000 | $1,919 |
| Jan 2026 | 01-05 | New Sale | 84 sqm | $1,541,000 | $1,704 |
| Jan 2026 | 01-05 | New Sale | 81 sqm | $1,483,000 | $1,701 |
| Jan 2026 | 11-15 | New Sale | 89 sqm | $1,817,000 | $1,897 |
About Otto Place
Otto Place is a 99-year leasehold development with its lease commencing in 2024 and about 97 years remaining in District 24 (Lim Chu Kang / Tengah), within the Outside Central Region of Singapore. It is among the more actively traded executive condominium developments in the area, with 596 recorded transactions between 2025-07 and 2026-05, ranging from $1,413,000 to $2,252,000. The most recent transaction was a 87 sqm unit (floors 06-10) sold for $1,661,000 in 2026-05, and the median price is $1,754 per square foot. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 97 years remaining is 0.9645, an annual lease decay of about 0.13%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Otto Place cost?
The most recent transaction at Otto Place was $1,661,000 for a 87 sqm unit in 2026-05. The median price is $1,754 per square foot across 596 transactions, ranging from $1,413,000 to $2,252,000. Data sourced from URA.
Is Otto Place freehold or leasehold?
Otto Place is on a 99-year lease commencing in 2024, with approximately 97 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.13%.
What is the price per square foot (psf) at Otto Place?
The median price at Otto Place is $1,754 psf, with transactions ranging from $1,621 to $1,926 psf. This is based on 596 URA-recorded transactions in District 24.