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 | $1,648,000 | $1,740 |
| Mar 2026 | 01-05 | New Sale | 88 sqm | $1,633,000 | $1,724 |
| 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 | 06-10 | New Sale | 94 sqm | $1,891,000 | $1,869 |
| Jan 2026 | 01-05 | New Sale | 81 sqm | $1,522,000 | $1,746 |
| Jan 2026 | 11-15 | New Sale | 111 sqm | $2,130,000 | $1,783 |
| Jan 2026 | 11-15 | New Sale | 111 sqm | $2,158,000 | $1,806 |
| Jan 2026 | 16-20 | New Sale | 81 sqm | $1,555,000 | $1,784 |
| Jan 2026 | 01-05 | New Sale | 87 sqm | $1,645,000 | $1,757 |
| Jan 2026 | 01-05 | New Sale | 81 sqm | $1,486,000 | $1,704 |
Otto Place is inside the 1 km Primary 1 priority zone for 4 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Private condos and apartments closest to Otto Place, with their median resale psf. Useful for comparing what Otto Place costs per square foot against nearby developments.
About Otto Place
Otto Place is a leasehold executive condominium development in District 24 (Lim Chu Kang / Tengah), within the Outside Central Region of Singapore. Its $1,754 psf median tracks close to the District 24 median. It has a busy transaction history, with 596 sales 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) at $1,661,000 in May 2026, and the median is $1,754 psf. On Bala's Table (the SLA leasehold valuation model), the 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.