District 02 · Bukit Merah · RCR
Spottiswoode 18
Spottiswoode Park Road · Apartment · Freehold
Current PSF
$2,392
+6.6% vs district median
Gross yield
4.4%
median rent $3,350/mo
3-year gain
8.0%
Transactions · 5y
53
9 in last 12 months
Nearest MRT
Outram Park Mrt Station · 665.251m
EWL,NEL,TEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+203% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
+2.5%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
4%
PSF dispersion within project
The neighbourhood
P1 ring
Cantonment Primary School 268m · Phase 2C 0.3× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 1.2km
Food
Tanjong Pagar Plaza Blk 6 (Blk 6 Tanjong Pagar Plaza Market And Food Centre) · 634m - 3 hawker centres within 1km
Green
Duxton Plain Pk · 536m - 5 parks within 1km
Mall
Concorde Shopping Centre · 1.5km
Health
Outram Community Hospital (hospital) · 315m
Who lives in Bukit Merah
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
151,250
Median age
46 yrs
41% under 40 · getting older
Children 0–9
12,440
▼ 15% since 2015 · future P1 demand
Household size
2.7 avg
Homes
89% HDB
9% condo · 0% landed
Degree holders
32%
residents 15+
Commute
63% transit
17% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$2,147
2022
$2,057
-4.2%
2023
$2,241
+8.9%
2024
$2,308
+3%
2025
$2,315
+0.3%
2026
$2,421
+4.6%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,150/mo | $9.00 | 4.5% | 437 |
| 2BR | $4,000/mo | $6.15 | 3.1% | 119 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $910,000 | 388 | $2,348 | 31-35 |
| May 2026 | $1,510,000 | 635 | $2,378 | 06-10 |
| May 2026 | $920,000 | 388 | $2,374 | 26-30 |
| Apr 2026 | $1,620,000 | 657 | $2,467 | 26-30 |
| Mar 2026 | $1,600,000 | 635 | $2,519 | 16-20 |
| Mar 2026 | $945,000 | 388 | $2,439 | 31-35 |
| Nov 2025 | $1,188,000 | 506 | $2,348 | 26-30 |
| Sept 2025 | $900,000 | 388 | $2,323 | 06-10 |
| Aug 2025 | $1,530,000 | 657 | $2,330 | 16-20 |
| Apr 2025 | $908,000 | 388 | $2,343 | 06-10 |
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More in District 02
The HDB blocks next door
The entry point, measured: what the resale flats around Spottiswoode 18 actually sell for - this project trades at 2.4× the nearest block’s PSF.